Cryptocurrency rose in Chile in 2022 as an investment option - Finance

According to a survey by the global consulting company Bain & Company, cryptocurrencies in Chile became increasingly popular. The survey showed that Krypto among the Chileans is classified as a third -person -loving fixed assets, only behind investment funds that were the most popular investment option, and real estate that ranked in second place.

Popularity of crypto increases in Chile in 2022

countries in Latin America, which are affected by high devaluation and inflation rates, begin to turn to crypto as an investment option. In Chile, which is one of the five countries with the worst inflation in the zone, Krypto has become one of the most popular investment options among all options available on the market.

The Why crypto is becoming increasingly popular

The reasons for the results have to do with it, as investors see Krypto and his possible returns, even if 2022 was not a good year for the industry after being confronted with the decline of Terra and the bankruptcy of FTX, two particularly drastic events. Marcial Rapela, partner at Bain Chile:

chile has taken steps to provide cryptocurrency investors regulatory clarity. The country A fintech law in October, of which analysts believe that more investments in the cryptocurrency will lure. Even after years of fighting private banks, cryptocurrency exchanges are now able to do this. Rel = "noopener"> open bank accounts in the country. Buda, a national stock exchange, was the first to open this and opened the doors for others.

What do you think about the growth of crypto in Chile as an investment instrument? Tell us in the comment area below.

Sergio Göschenko

sergio is a cryptocurrency journalist based in Venezuela. He describes himself as late in the game and entered the cryptosphere when the price increase took place in December 2017. He has a background as a computer engineer, lives in Venezuela and is affected by the cryptocurrency boom on a social level. It offers a different perspective on the crypto success and how it helps those who have no bank account and are under-supplied.

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