Ricardo Salinas says Mexico banks are ordered to avoid crypto

The billionaire said the central bank has standing orders for the banking sector to stay entirely away from crypto, blocking integration at his bank.

Summary

Ricardo Salinas said Mexico's banking sector is operating under standing orders from the central bank to avoid crypto entirely. He said that restriction prevents his bank from integrating crypto, adding: "We cannot integrate that into our bank, period, end of story." The remarks point to continued limits on links between crypto businesses and traditional banking in Mexico, where central bank guidance can shape whether lenders offer access to digital-asset services.

Terms & Concepts
  • crypto: Digital assets such as tokens and coins.
  • central bank: A country's main monetary authority overseeing currency and banking.