Argentina is the Latin American country with the highest volume of digital assets transactions

RIO DE JANEIRO, BRAZIL – Research by the firm Atlantico stated that during 2020, Argentina was the Latin American country with the highest volume of transactions in digital assets, with a total of US$48 million.

Meanwhile, globally, it ranked fourth behind the United States (US$1.52 billion), China (198 million), and India (64 million).

Behind Argentina, at the Latin American level, is Brazil (25 million), Chile (24 million), and Mexico (23 million). In the comparison with the Gross Domestic Product, for Argentina the figure was 12%, which is much higher if we take into account that, on average, it is 7%.

Finally, the report talks about the growth of fintech companies in the region, and takes the case of Brazil as an example. In the last 5 years, firms dedicated to financial technology in the South American giant grew by 487%, from 15 to 88.

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This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

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