According to the 22 countries that Finder investigated, Mexico is the 9th country with the most use of cryptocurrencies. The Latin American countries studied were Colombia, Brazil, and Mexico, which came first.
Finder, an Australian news agency, revealed a report highlighting a ranking of the countries that use crypto the most. After a survey of 41,645 people in 22 nations, the study detected that Mexico is the country that uses these assets the most from Latin America, compared to Colombia and Brazil.
Of the 22 countries worldwide that Finder carefully selected to study their adoption of cryptocurrencies, Mexico got ranked ninth. In Latin America, it was number one, considering that it only took three countries in the region, along with Colombia and Brazil, to do the research.
These two countries stood far behind Mexico, according to Finder. It placed Brazil in 12th place and Colombia in 16th. It is also a striking highlight that Venezuela and Argentina did not find a proper spot in the study made by Finder.
According to other studies led by organizations such as Chainalysis, Venezuela and Argentina rank first because they have greater use of cryptocurrencies in Latin America.
Chainalysis Highlights that Venezuela is the country that uses cryptocurrencies the most in Latin America
The world ranking of the places that use cryptocurrencies the most, according to the report revealed by Chainalysis, differs in various ways from that of Finder. These differences occur because all the countries of the world got taken into account, not just 22.
In addition, each entity took different ways to measure the adoption rate of these assets, which also makes them reach different conclusions. Chainalysis highlights that Venezuela is the Latin American country that uses cryptocurrencies the most, ranking number 7 worldwide.
According to his research, the countries that go behind Mexico are Argentina in 10th place, Colombia in 11th, and Brazil in 14th, above Mexico.
The United States of America ranked tenth in Finder and eighth in Chainalysis, considering that it is the region with the most cryptocurrency ATMs worldwide. According to Coin ATM Radar, the United States of America currently has 27,200 bitcoin ATMs, a number that surpasses Mexico, Venezuela, Argentina, Colombia, and Brazil by three or four figures.
Ridge Blue Bank (RBR) is the first bank that merges the service of buying and selling bitcoins to its ATMs for withdrawal and deposit of fiat money. These ATMs are not something meaningful to Bitcoin, like those installed since 2013 across the globe, but they integrate all the functions.
The integration of this service to existing ATMs came to fruition by Ridge Blue Bank’s partnership with the ATM solutions company BluePoint ATM and the bitcoin ATM network company, LibertyX. According to BRB CEO Brian. K Plum, this new evolution in the Bitcoin system would reinforce the commitment to the future of banking for all customers.
By: Jenson Nuñez
