Home Retail Giant Entry Boosts BTC Adoption In Mexico

Retail Giant Entry Boosts BTC Adoption In Mexico

Share
Share

Retail Giant Entry Boosts BTC Adoption In Mexico

This year, the world’s largest Bitcoin conference, Bitcoin 2023, in Miami, Florida, went off without a hitch. Previous conferences reported nation-state adoption, major crypto integrations in the United States, and the acceptance of Bitcoin by islands and territories globally.

Nonetheless, one cooperation with a potentially substantial impact on the world’s 15th-largest economy went unnoticed at Bitcoin 2023.

The Bitcoin 2023 Industry Day was concluded by José Lemus, CEO of Ibex Mercado. He launched a collaboration with Grupo Salinas, one of Mexico’s major business groups. In summary, the agreement would allow millions of Mexicans to use the Bitcoin Lightning Network to pay their internet bills at popular telecoms provider Total Play.

Furthermore, the Salinas Group owns a number of enterprises throughout Mexico. Ricardo Salinas Pliego, its millionaire founder, is the third-richest person in the country and a well-known Bitcoin maximalist.

(With inputs from Shikha Singh)

Share

Latest News

Crypto investigator ZachXBT alleges trading platform Axiom's employee conducted insider trading
News

Blockchain Sleuth ZachXBT Says Axiom Exchange Insider May Have Exploited User Data

Key Takeaways ZachXBT says a senior worker at Axiom Exchange may have used secret tools to see private user data. He claims...

India To Pilot CBDC Food Subsidy Distribution In Puducherry
News

India To Pilot CBDC Food Subsidy Distribution In Puducherry

The Government of India launched a Central Bank Digital Currency (CBDC)-based Food Subsidy Distribution Pilot under the Pradhan Mantri Garib Kalyan Anna...

$9 Trillion Asset Manager Morgan Stanley Exploring Bitcoin Custody, Trading & Yield Products
News

$9 Trillion Asset Manager Morgan Stanley Exploring Bitcoin Custody, Trading & Yield Products

Key Takeaways Morgan Stanley plans to grow its crypto services in a big way. The bank wants to offer Bitcoin custody, trading,...

India Launches Blockchain Challenge To Drive Transparent Digital Governance
News

India Launches Blockchain Challenge To Drive Transparent Digital Governance

India’s use of blockchain for governance has advanced significantly with the announcement of the Blockchain India Challenge by the Ministry of Electronics...

Latest Blogs

AI Memecoins, How Are You Different From Normal Memecoins?

  Watching fun memes and scrolling reels is what most of us do to unwind ourselves after our hectic work schedules, and...

Top Crypto ETFs To Watch In 2026: Funds That Are Leading The Market

Are you a January born? If yes, then you share your birth month with Spot Bitcoin Exchange Traded Funds(ETFs), which were also...

Crypto Market Timings: When Is The Best Time To Trade In India & Worldwide?

All those who trade, whether in stock markets or crypto, understand that timing is what makes or mars your fortunes in trading. However, even though...

Why Supply Chain Management Can’t Survive Without Blockchain

Supply chain management is an integral part of giant companies around the globe but traditional methods are seen to be far more...

Related Articles

AI Memecoins, How Are You Different From Normal Memecoins?

  Watching fun memes and scrolling reels is what most of us...

Top Crypto ETFs To Watch In 2026: Funds That Are Leading The Market

Are you a January born? If yes, then you share your birth...

Crypto Market Timings: When Is The Best Time To Trade In India & Worldwide?

All those who trade, whether in stock markets or crypto, understand that...

Why Supply Chain Management Can’t Survive Without Blockchain

Supply chain management is an integral part of giant companies around the...