According to data from a study made by Americas Markets Intelligence, more than one in ten has made some kind of cryptocurrency investment in Argentina.
in Argentina. The survey, that was made last year by polling 400 different users via smartphone, found that 12 out of 100 Argentinians had invested in crypto last year. While this number may appear low, it is actually higher than the statistics found for other countries in South America. Brazil reached an adoption of 7%, while Mexico had 6%.The country was also above the average adoption rate in Latam, which was 8%.
The first one has to do with the high degree of digitalization these societies have compared to the low level of banking adoption. On this, the report states:Persistent mistrust of banks has limited the growth of digitization and kept the use of cash even as consumers feel comfortable with digital tools.
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