CryptoNews has published an article about crypto-related investing opportunities in Latin America, as the adoption of cryptocurrencies is rising in the region. The magazine focused its article on AMI’s most recent whitepaper, “The Cryptocurrency Revolution in Latin American Payments“.
Here is a brief excerpt of CryptoNews article:
A report on the state of crypto in the Latin America region has concluded that adoption is likely to continue apace for the rest of the year – and will find fertile ground for growth in the world of cross-border payments and “crypto credit cards.”
The report was issued by Americas Market Intelligence (AMI), a Latin America-focused market intelligence firm.
In its forecasts for the remainder of 2022, AMI claimed that while the word “cryptocurrency” would “remain synonymous with volatility,” this would “entice” some, but could “discourage” others.
The company claimed that most crypto adoption cases would come in the form of private investors, with crypto buyers “hoping to ride cryptoasset prices ‘to the moon.’” Much of this attention will center on “high-volatility assets” including bitcoin (BTC) and ethereum (ETH), the report’s authors wrote.
We invite you to read: Latin American Investors ‘Hoping to Ride Crypto Prices to the Moon’ as Adoption Set to Continue.