How many Mexicans invest in cryptocurrencies?

Bitcoin Invest Mexico


IMPORTANT POINTS:

  • A survey revealed that 48% of Mexicans invest in cryptocurrencies with the aim of saving money.
  • More than 30% of those surveyed believe that blockchain technology will change their buying, investing and saving habits.
  • However, the vast majority of people still do not see clear regulatory ground for investing in crypto assets in this context.

A report by Sherlock Communications revealed that 48% of Mexicans invest in cryptocurrencies with the aim of saving money for their future.

This comes as Latin America is experiencing strong adoption of Blockchain technology and cryptocurrencies, despite the fact that the market has faced some losses of late.

Macroeconomic financial conditions such as high inflation have also served to drive the adoption of Bitcoin and other cryptocurrencies.

Beyond retail investors, who are important in the growth of the crypto ecosystem, companies in the sector are also in full swing in Latin America, with truly ambitious projects.

Other data from the survey that shows the fears of Mexicans

The bear market is one of the concerns of Mexicans when it comes to betting on cryptocurrencies, but even more so the pressures and the lack of regulatory transparency.

The survey revealed that 44% of Mexicans want to see more secure platforms, and 42% expect clearer regulations in the market

Finally, more than 30% of those surveyed believe that blockchain technology will change their buying, investing and saving habits.