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BTC Acceptance: Banco Azteca wants to accept Bitcoin

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  Bitcoin

TL; Fault DR

BTC trading may be as standard in Mexico as in El Salvador.
BTC trades above $ 46,000 and continues to rise for more than a week.

As the leading cryptocurrency in the decentralized market, BTC has seen a slight increase in its global acceptance. Although most banks do not accept bitcoin, Banco Azteca in Mexico intends to be one of the few to do so. Towards the end of June, Bank owner Ricardo Piligo said he offers his customers a currency codeto the

Many banking institutions around the world have not adopted the trading model that cryptography has developed since its inception. However, some of these banks recognize the value of cryptography as a source of investment and financial modeling. As such, Azteca Bank has taken a big step forward by promoting bitcoin acceptance across the country.

Banco Azteca supports BTC trading

BTC

Mexican billionaire and businessman Ricardo Piligo has been supporting the cryptocurrency industry since last year. He also admitted that he has 10% of his capital invested in BTC. Polygo’s net worth is close to $ 15.6 billion, making him the third richest Mexican businessman.

In the last week of June, Pliego said it would have the first bank in the country to accept and offer cryptocurrencies. Pliego believes that Bitcoin is a new investment model and many people should use it. Pliego will work with his team to promote economic freedom using Banco Azteca.

There have been no announcements from cryptocurrency regulators in Mexico yet, but they may approve Pliego’s offer. This businessman has done a lot for the country and that is why he may have priority with his new financial plans.

Pliego reveals its appeal to cryptocurrencies

Although billionaire Ricardo Pliego supports the BTC market, it is attracted to all cryptocurrencies. Pliego claims that he does not like coins like Dogecoin, which offer incredible value for money. Pliego, too, said that when Meem crypto investors remain poor, it has a growing trend and is thought to be of no real value.

Encrypted currencies such as BTC have become an unrecognizable symbol of novelty between 2020 and 2021. More financial companies are on the list of cryptocurrencies to prevent fiat devaluation. But NFT acceptance is also on the rise.

Bitcoin, as a key component of the entire financial ecosystem, has a market value of more than $ 878 billion. In a way, Pliego’s announcements about BTC acceptance increased to more than $ 46,743 today. Mexican banks, however, have not yet used strong cryptocurrencies, but Pliego may announce new measures in the next few days.