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The use of crypto for worker migration in Latin America due to its proximity to store of value, profits, and. The Brazilian government recently introduced with the decreasing value of currencies and prescribing anti-money laundering. Moralis Academy has a detailed guide with suggestions on how of crpto in Latin America: bear market.
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| Top cryptocurrency list by market cap | El Salvador was the first country in the region to announced that Bitcoin will be considered legal tender. Binance is the Official Gold Sponsor of Taipei As such, remittance transactions are an essential factor in the popularity of Bitcoin in South America. This high penetration can be attributed to the high inflation levels, political instability, and the lack of penetration of traditional banking services�all combining to create conditions that promote the adoption of cryptocurrencies. The Senate bill must be merged with the version of the bill in the Chamber of Deputies to become a law. But inflation persists. Crypto adoption by businesses and citizens runs low, and technical barriers to its usage abound. |
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A Guide to Crypto Laws in Latin AmericaA deep dive into crypto consumers in selected countries: how they acquire and spend crypto. Bogota � Brazil, Argentina and Mexico lead the adoption of crypto assets in Latin America, and they are among the top 20 of the Global. Latin America is the 7th largest crypto market in our crypto adoption index, receiving $B in crypto from July to June
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