THE CHAINALYSIS REPORT RECOGNIZES CRYPTOCURRENCY HAS BECOME AN IMPORTANT PART OF DAY-TO-DAY LIFE IN MANY COUNTRIES THROUGHOUT THE LATAM REGION . our existing localized CCI training programs , we are reinforcing our commitment to serving the growing digital asset sector in Spanish-speaking countries .”
INDUSTRY WATCH
This comprehensive training program equips professionals with the knowledge and tools required to conduct thorough investigations and achieve compliance with local and global regulations .
With all the CCI training programs already available in Spanish , BIG is equipping Spanish-speaking professionals with the necessary knowledge tailored to digital asset investigations and compliance needs of the future .
The CCI training program covers a wide range of essential topics , including Blockchain technology , the dark web , illicit use , and advanced obfuscation techniques . By offering this training in Spanish , BIG is empowering professionals across Spanish-speaking countries to stay ahead of the curve in the rapidly evolving cryptocurrency landscape .
Lance Morginn , President of Blockchain Intelligence Group , said : “ Our goal has always been to provide cryptocurrency investigation and compliance solutions to clients around the world . By adding Spanish language capabilities to our suite of services , and
THE CHAINALYSIS REPORT RECOGNIZES CRYPTOCURRENCY HAS BECOME AN IMPORTANT PART OF DAY-TO-DAY LIFE IN MANY COUNTRIES THROUGHOUT THE LATAM REGION . our existing localized CCI training programs , we are reinforcing our commitment to serving the growing digital asset sector in Spanish-speaking countries .”
Research recently released by Chainalysis recognised Mexico is also an important country to watch for its embrace of cryptocurrency-based remittances .
Remittances represent an important area of finance that crypto advocates have long touted as one the technology can make faster and cheaper .
Mexico is the world ’ s second-biggest receiver of remittances , with an estimated $ 61 billion flowing into the country from overseas per year , mostly from the United States .
Daniel Vogel , CEO , Bitso , is quoted in the Chainalysis report as saying his company processed over $ 3.3 billion in crypto remittances sent from the US to Mexico in 2022 – a sum said to represent 5.4 % of the total market .
But where the report reveals nearly every LATAM country devoting a greater share of transaction volume to centralized exchanges than the global average , Mexico is the lone exception .
The Chainalysis stats show Mexico ’ s platform breakdown is more in line with global averages – with nearly half of all volume being processed through DEXes .
This , Chainalysis says , is likely the reason why Mexico devotes a higher share of purchasing activity to altcoins , as DEXes list a far greater number of assets than their centralized counterparts .
Overall , the Chainalysis report recognizes cryptocurrency has become an important part of day-today life in many countries throughout the LATAM region – and in particular those facing currency devaluation . p
62 INTELLIGENTCIO LATAM www . intelligentcio . com