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Latin America's cryptocurrency

Latin America’s cryptocurrency and fintech wave
Money is changing in Latin America...
The fintech and crypto currency story has many potential starting points, but perhaps the best way 'in', for the purpose of this report, is to explain the emergence of two related things: Blockchain and Bitcoin...
Since mid-2021 the small Central American republic of El Salvador has placed itself at the vanguard of Latin America's experimentation with cryptocurrencies...
In some ways the contrast between Brazil and El Salvador could not be greater...
Unlike Brazil, Argentina has a largely unregulated crypto market, which is nevertheless developing rapidly...
At least four trends are at work in the Mexican crypto and fintech environment...
Venezuela is often cited as an example of the negative case for crypto adoption, where a perfect storm of an extreme economic crisis, hyperinflation involving an almost complete collapse in the value of the Bolívar, the national currency, a massive fall in living standards, government capital and currency controls, and US economic sanctions have all driven the country towards crypto...
A snapshot of the state of cryptocurrencies and fintech in mid 2022 suggests various conclusions...

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