Argentines are betting on the crypto investment boom as interest in the stock market falls

Argentines are betting on the crypto investment boom as interest in the stock market falls

However it occurred a decrease of 26% compared to the last quarter of 2020, when there were 536,773 operating accounts, after sustained growth since mid-2019.

This implied that one in four accounts on the stock market ceased to exist or had a balance in the last year.

In parallel, in the incipient world of cryptocurrencies, It is estimated that in the Argentine market there are 2 million accounts to operate with crypto assets.

“On Argentina, we have one of the largest crypto communities in the world, “said Federico Ogue, CEO and founder of Buenbit.

On the other hand, a recent study by the analysis company Atlantico showed that, last year, Argentina stood out as the regional country with the highest volume of transactions in assets of this style with a total of US $ 48 million.

Globally, Argentina ranked fourth on a transactional volume podium, which was led by the United States with $ 1,524 million, China with $ 198 million, and India with $ 64 million.

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