Cryptocurrencies are gaining in popularity in countries where we could hardly imagine it a few years ago. It is a region of Latin America that is one of the fastest growing parts of the world in this sector.
Investments in the cryptocurrency business in Latin America reached more than $ 6 billion in the first half of this year. That’s half more than last year. This is according to data from the Association for Private Equity Investments in Latin America (LAVCA), which is linked to by the Coindesk.com portal.
This is not about buying and selling cryptocurrencies by small or large investors, but about investing in the environment as such, especially in building cryptocurrency exchanges. Mexico or Brazil are the leaders in this respect, but other countries such as Argentina, Chile or Colombia and Uruguay are gradually being added.
The projects that originally arose as national ones are gradually expanding into them, and they are becoming transnational and regional projects. The development of cryptocurrency infrastructure can bring important potential for the economic development of Latin American countries.
