2 years ago
Ricardo Salinas Pliego, president of the Salinas Group, proprietor of the Elektra Group stores, hinted astatine the anticipation of the shops selling bitcoin. The enforcement stated that owed to the regulations of the Central Bank of Mexico, his institution cannot instrumentality cryptocurrency integration successful the Azteca Bank app. However, helium did constituent retired that Elektra could merchantability bitcoin arsenic it is simply a commercialized institution.
Ricardo Salinas Criticizes Mexico’s Crypto Regulations
Ricardo Salinas Pliego, 1 of the richest men successful Mexico and president of the Salinas Group, mentioned the anticipation of selling bitcoin successful his fashionable Elektra Group section stores. The remarks were made successful a caller Tiktok video, wherever Salinas commented astir the difficulties of including bitcoin successful antithetic services owed to the regulations of the Bank Of Mexico. On this, Salinas stated:
The contented with the Banco Azteca app is that the regulatory pundits won’t fto us, the Bank of Mexico won’t fto us, but they’re each of them. The Ministry of Finance, the National Banking Commission… the authorities officials won’t fto us.
Salinas further explained that bitcoin is not liked by these institutions, and they are bound to comply with the laws until regulations change.
An Open Possibility successful Elektra Stores
Later successful the clip, Salinas stated that stores of the Elektra Group could merchantability bitcoin arsenic merchandise. This is due to the fact that they are not nether banking regulations, and don’t person to support the wealth of their investors. The enforcement clarified:
Elektra, being a commercialized entity, is not regulated by banking authorities, it does not cod wealth and it does not person that occupation of having to support people’s deposits. Elektra tin merchantability bitcoin arsenic immoderate merchandise, arsenic it was a motorcycle oregon a phone.
Salinas Pliego has been a protagonist of bitcoin since agelong ago. The enforcement recommended buying bitcoin past June, wherever helium stated the plus had bonzer properties. At the aforesaid time, helium informed that his bank, Banco Azteca, was moving to beryllium the archetypal fiscal instauration successful Mexico to instrumentality and connection fiscal services successful bitcoin. However, the Finance Minister of Mexico, Arturo Herrera, rapidly answered these intentions, clarifying that the usage of cryptocurrencies was not allowed nether the existent regulations of the Mexican fiscal system.
What bash you deliberation astir the statements of Ricardo Salinas Pliego hinting astatine the anticipation of selling bitcoin successful Elektra Group stores? Tell america successful the comments conception below.
Sergio Goschenko
Sergio is simply a cryptocurrency writer based successful Venezuela. He describes himself arsenic precocious to the game, entering the cryptosphere erstwhile the terms emergence happened during December 2017. Having a machine engineering background, surviving successful Venezuela, and being impacted by the cryptocurrency roar astatine a societal level, helium offers a antithetic constituent of presumption astir crypto occurrence and however it helps the unbanked and underserved.
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