Bitcoin latest trend

Ever since the world stepped into the year 2021, the adoption of cryptocurrencies and blockchain technology has received a tremendous boost. Almost every country is trying to adopt the technology and benefit from it as much as possible.

Many countries in different regions from around the world are adopting crypto-blockchain as per their need and capacity. Russia is going all out with the adoption of cryptocurrencies while China has picked up blockchain technology.

Then there is India that is trying to give cryptocurrencies somewhat of legal status and the US is trying to play it safe with crypto-blockchain adoption.

However, the Latin American countries are currently on a different wavelength as they have the desire to go all out in terms of crypto-blockchain adoption.

One of the biggest examples in terms of crypto-blockchain adoption in Latin America is El Salvador. On June 9, 2021, El Salvador inducted cryptocurrencies as a legal entity and is now taking all necessary steps for the mass adoption of Bitcoin and cryptocurrency.

Then there is Panama that is aiming to follow in the footsteps of El Salvador. Its political parties are also up with the idea of adopting cryptocurrencies and mainly Bitcoin.

Then there is Mexico that had recently announced that it was looking for exploring the cryptocurrency industry and adopt it. Now Mexico is also aiming to put its name on the list of Latin American countries going full out on crypto-blockchain adoption.

It was recently rumored that Mexico is aiming to launch a bank that will accept and deal with BTC as normal. While the country could have faced a lot of monetary issues due to unstable political conditions, a billionaire from Mexico has stepped up.

Ricardo Salinas Pliego, also known as the third richest man in Mexico has vowed to provide his full support for the adoption of Bitcoin. He has stated that he will be providing full support and backup for the launch of the first bank that will accept and streamline Bitcoin in the country.

Pliego had made his support official through a tweet he made on Sunday, June 27, 2021. At first, he remarked on the market demand of Bitcoin despite the current price dip. Then he talked about the possibility of launching support for Bitcoin through his bank.

Through his Twitter profile, he told his followers that his bank is already doing its work to know about the adoption of Bitcoin (BTC). He predicted that his bank would be the first financial and banking institution in Mexico to provide support for Bitcoin.

Salinas stated that he considers Bitcoin as the gold of the modern and electronic generation and he will provide full support to the digital asset.

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