Brazil Strengthens Lead in LATAM Crypto Adoption as Institutions Expand

[madmax]

Brazil accounts for nearly one-third of Latin America’s crypto activity, with $318.8B in yearly transaction volume, according to Chainalysis. Institutional momentum continues to rise: Itaú Asset Management launched a dedicated crypto division; fintech Crown secured $8.1M to roll out BRLV, a real-denominated stablecoin; and Banco Inter completed a blockchain trade finance pilot with Chainlink and Brazil’s central bank. Regulatory uncertainty lingers, however, after the government introduced a flat 17.5% tax on all crypto capital gains.

[Nahid Hossen]

LATAM is becoming a major crypto hub.

[Abdul Khan]

Institutional interest always speeds up adoption.