Crypto education can bring financial empowerment to Latin Americans

Crypto education can bring financial empowerment to Latin Americans

Crypto education could be key to promoting financial empowerment and increasing mass adoption across Latin America — if we do it right. In October 2021, it was estimated that approximately 15% of the world’s supply of Bitcoin (BTC) was in circulation in Latin America. According to a recent report released by Crypto Literacy, however, 99% of Brazilian and Mexican respondents failed a basic assessment on crypto literacy. Crypto adoption is well underway across the region — on the rise even — but, people still lack a basic understanding of its underlying technology and use cases. When this....


Related News

Web3 projects focus on education to bring Latin American women to the sector

Women in Latin America are showing an increased interest in Web3 as organizations aim to drive participation through educational content and scholarships. Interest in Web3 continues to grow despite the crypto bear market. A recent article from McKinsey noted that venture capital investments in Web3 exceeded $18 billion during the first half of 2022. Findings from Cointelegraph Research also show that Web3 attracted the most interest from venture capitalists in comparison to other blockchain sectors during Q2 of this year. While notable, a lack of diversity has become apparent within the....

Black Americans are changing the face of crypto and blockchain through education

In honor of Black History Month, Cointelegraph is recognizing Black Americans who are innovating in the blockchain and cryptocurrency space. Despite there still being work to be done to further diversify the crypto space, many believe the blockchain sector is generally more diverse than other tech industries. This could be because cryptocurrency boasts financial inclusion and the democratization of global economics, attracting a wide variety of people from various nationalities, ethnicities, genders, etc., from around the world.Among this diverse group of participants, Black American....

BNB Chain aims to raise 30K new Web3 developers across Latin America in 2022

BNB Chain prepares to launch a Web3 development course for Latin American students as the region continues to be a hub for adoption and crypto-related activity. BNB Chain, a blockchain network created by crypto exchange Binance, and Latin America-focused education platform Platzi announced that they will be launching a Web3 development course for the region.By the end of the year, the course aims to be accessible to 30,000 students. Gwendolyn Regina, investment director at BNB Chain, told Cointelegraph that this course focuses on growing the skills of developers.“This is going to be the....

Santo Blockchain to deliver 50 Bitcoin ATMs to Panama

Santo Blockchain’s plans in Latin America consist of 300 Bitcoin ATMs, a layer-2 wallet and a Bitcoin debit card. Panama is doing its best to keep up with El Salvador’s Bitcoinization with the installation of 50 Bitcoin (BTC) ATMs in 2022. Thanks to Santo Blockchain, 50 of the planned 300 ATMs will begin shipping to Latin America in early 2022.A vertically integrated blockchain and cryptocurrency company with offices in Saigon, Vietnam and Panama City, Santo Blockchain will invest a total of $1 million into Latin America in general next year as part of its 300 Bitcoin ATM plan. Santo....

Closing The Wealth Gap: Black America And Bitcoin Adoption

Bitcoin represents an opportunity for financial freedom, education and inclusion for African Americans.