Express

Mexico Receives 11% of All Latin America Retail Crypto Payments

Amy Liu

Summary: According to El Economista, Chainalysis expert Daniel Cartolin presented a report to a meeting of the Association of Certified in Financial Crime Specialists that, in the same time period, the Latin America region received USD 24m in crypto payments from other parts of the world – with USD 25m going the other way. Cartolin claimed ...

According to El Economista, Chainalysis expert Daniel Cartolin presented a report to a meeting of the Association of Certified in Financial Crime Specialists that, in the same time period, the Latin America region received USD 24m in crypto payments from other parts of the world – with USD 25m going the other way. Cartolin claimed that Latin America was responsible “for 7% of the value of the entire global crypto economy.” And cross-border crypto payments appear to be playing a bigger role than ever in the Mexican-American economy – with Mexico’s 11% share in retail payments “largely due to the use of remittances originating from the United States.”

Last Update:

Tags: ,,
Link: Mexico Receives 11% of All Latin America Retail Crypto Payments   [Copy]
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 5 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago
  • You need to login to comment.