Started by Bitcoin, Mar 17, 2022, 04:54 pm
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Typical Latin America. The region as a whole is having a love/hate relationship with cryptocurrencies. On the one hand, apparently, crypto remittances in Brazil, Argentina, and Venezuela grew 900% last year. On the other, Mexico and Peru's Central Banks are actively working in their CBDCs. Which way will the scale tip? The jury's still out on that one.
For the sake of organization, let's go through Latin America country by county.
BTC price chart for 03/17/2022 on Gemini | Source: BTC/USD on TradingView.com
That's the summary of Latin America's recent crypto activity. If you need more, read our report on the controversy surrounding Cuba's QvaPay. And that's that. We did it. We managed to write a whole “Latin America, Tipping Point” without mentioning El Salvador... until then. Oops.
Featured Image: Latin America, Tipping Point logo | Charts by TradingView
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