Chain Analysis: Mexico accounts for nearly 11% of retail cryptocurrency payments in Latin America.

In a webinar hosted by the Association of Certified Financial Crime Professionals, Daniel Cartolin, director of development for blockchain analytics firm Chainalysis, explained that Latin America received $ 24 million in annual revenue there. at. Eleconomista on October 5 announced $ 25 million in other countries. Cartolin added that returns and transactions are the mainstays of the cryptocurrency exchange market in Latin America. Chainalysis reports that Latin America accounts for 7% of the total global cryptocurrency market. In this segment, Mexico has accounted for almost 11% of all payments in the cryptocurrency market since July 2019.