The cryptocurrency industry grew significantly in the major Latin American markets – Brazil, Mexico, Colombia, Chile, Argentina, and Peru, in order of e-commerce volume size – from 2019 to 2021. Still an immature sector in the 2010s, it evolved from being an investment option appealing to curious and adventurous investors to one embraced by traditional institutions and financial entities.
As the volume of crypto transactions expands, it pushes mechanisms to stabilize this market, including regulatory frameworks, which in turn make it an even more profitable and widespread industry. Paired with a rising level of maturation, more and more investors turn to cryptocurrencies as a hedge against traditional economic risks, boosting the volumes traded in this market.
In our ebook,we dive into the current and future landscape of cryptocurrencies in Latin America, with details on crypto purchasing volumes and adoption, the regulatory scenario by Latin American country, the main trends and challenges in the region and by market, and much more. Click below and check it out:
Download the ebook: The Cryptocurrency Industry and Regulatory Landscape