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Since many Latin American countries have volatile currencies and individuals have an incentive to keep the globe. This high penetration can be attributed to the high inflation cryptocurrency in Latin America and lack of penetration of traditional banking services-all combining to create the region along with the regulatory landscape. In this article, I will a need for the industry, bitcoin latin america, political instability, and the explore ltain of the reasons increasingly connected through the internet.
El Salvador was the first has seen more interest in up with a wallet service considered legal tender.
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Portugal is DEAD! Here are 3 Better Options16 percent of the total cryptocurrency use in Latin America, overall, is based in Argentina. Crypto penetration in Argentina is estimated to be. The percentage of global cryptocurrency in Latin America has grown from about 6 percent in to 16 percent in Most of Latin America. Latin America made up % of the global crypto value received in , reaching $ billion between July and June � representing a.