Latin America Cryptocurrency Adoption: Data and Analysis
Daniel Vogel, CEO of Mexican exchange Bitso, says his company processed over $3.3 billion in crypto remittances sent from the U.S to Mexico in 2022, which would represent 5.4% of the total market. Industry participants will likely be interested to see if that share rises in the coming years, both for Mexico and other Latin American countries with large remittance markets.
