Bitcoin trader shark tank mexico

Bitcoin is suffering as on-chain statistics indicate more supply and decreasing demand.

Mexico's central bank issued a statement Monday saying cryptocurrencies like bitcoin are not legal tender and are prohibited from being used in the country's financial system. The comments came after Mexican billionaire Ricardo Salinas Pliego declared his intent over the weekend to make Banco Azteca the first lender in the country to do business in bitcoin. Salinas, who is chairman of the bank's parent company, Grupo Salinas, tweeted on Sunday that he thinks bitcoin is a good portfolio diversifier for investors and that he's working with Banco Azteco "to be the first bank in Mexico to accept bitcoin. Bitcoin last traded at 34, Salinas' comments came in response to a tweet by MicroStrategy CEO and bitcoin bull Michael Saylor, who had commented positively on a video of the Mexican businessman circulated on Twitter over the weekend. In the video Salinas discusses why he thinks "fiat is a fraud," why he wants to hold bitcoin over the next 30 years and how witnessing hyperinflation in the s informed his thesis.

Bitcoin trader shark tank mexico

Image: Shutterstock. WonderFi aims to position itself as a market consolidator and target crypto exchanges with Canadian licenses. The consolidation drive would make WonderFi the largest end-to-end crypto platform trading publicly. Coinberry also acquired the OSC license in August This deal will result in WonderFi owning two of the six regulated Canadian exchanges. Compliant access to crypto is what matters, and WonderFi has quickly established itself as a leader in Canada. Next stop, global. Samaroo avered that WonderFi wants to make a global presence on a regulated basis. Acquisition of such regulated crypto exchanges is another way to cut costs and time lags as the time spent on regulatory processes is saved. The ongoing costs are actually very significant because there are all these requirements that you need on an ongoing basis. Shashank is the founder at yMedia. He ventured into crypto in and is an ETH maximalist. Twitter: bhardwajshash. Crypto wallet users are warned as scammers might get active during the potential Ethereum hard fork.

YouTube shuts down educational crypto channels Read More. KuCoin launches decentralised wallet and ventures into Web3 Read More. In addition to the bank, his company also has ownership in a number of retail and broadcasting businesses.

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We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure. We've listed the top crypto exchanges in Mexico. These exchanges offer the ability to buy crypto and Bitcoin in Mexico. Coinmama allows customers in almost every country to buy bitcoin. They charge a 4. Visit Coinmama's Website. Coinbase is the world's largest Bitcoin BTC broker.

Bitcoin trader shark tank mexico

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The code is valid for Resend OTP. Related Articles. Survey reveals high penetration and adoption of crypto in Saudi Arabia Read More.. This deal will result in WonderFi owning two of the six regulated Canadian exchanges. Goldman Sachs rolls out first bitcoin-backed loan Read More.. Voyager Digital assets auction set for September 13 in Manhattan after company declares bankruptcy Read More.. Celsius finally files for bankruptcy Read More.. Wharton School rolls out online certificate course on business in the metaverse Read More.. Brazil approves law to regulate crypto Read More.. A code has been sent to. Italian university promotes local culture in the metaverse Read More..

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The code is valid for Resend OTP. Coinberry also acquired the OSC license in August Meta tests sale of virtual goods in metaverse Read More.. Salinas' comments came in response to a tweet by MicroStrategy CEO and bitcoin bull Michael Saylor, who had commented positively on a video of the Mexican businessman circulated on Twitter over the weekend. Login To Coinpedia. KuCoin launches decentralised wallet and ventures into Web3 Read More.. Indian sports buffs can now vote for their favourite team's jersey using blockchain Read More.. New York looking to criminalise crypto frauds Read More.. Institutional Bitcoin inflow increases amidst market downtrend Read More.. California again allows crypto contributions to the state and local political campaigns Read More.. South Africa to regulate crypto as a financial asset Read More.. Beijing unveils intentions for two-year Metaverse innovation and development plan.