Report: 11% of the Latin America cryptocurrency market share reported by the Mexican cryptocurrency market.

Cryptocurrency News reported by Chainalysis that from July 2019 to the same month in 2020, Mexican businesses and individuals accounted for 11% of total cryptocurrency sales in Latin America, the largest of those industries. Most cryptocurrency transactions occur when making cross-border payments in the United States. Meanwhile, Brazil has the largest crypto market in Latin America, followed by Venezuela, Argentina, Mexico, Colombia, Chile, and Peru.