Growth in the region was 42.5% between 2023 and 2024.
The growth of the crypto market in Latin America in the last year was a reality, as there was an increase of 42.5% year-on-year in the use of cryptocurrencies, says the analysis company Chainalysis.
According to the company, Latin America only lagged behind the sub-Saharan Africa region, which includes countries such as Cape Verde, Niger, Ethiopia, Senegal, Equatorial Guinea and Nigeria.
The increase in crypto markets means that the region houses and manages 9.1% of the volume of cryptocurrencies that is transposed worldwide, the analysis carried out indicates.
Argentina, Mexico, Venezuela and Brazil are the top bitcoin enhancers in the region, and the Argentine market represents revenues of $91 thousand 100, Chainalysis says.
This article has been translated after first appearing in Diario El Mundo