Crypto Payments More Popular in LATAM and EMEA Countries
According to a study carried out by the global hiring platform Deel, residents of Latin American nations are most likely to say “yes” to receiving salaries in cryptocurrencies. Citizens of the EMEA (Europe, the Middle East, and Africa) area ranked second.
Deel’s research estimated that 67% of the cryptocurrency payments between January 2022 and June 2022 were conducted in Latin America. It is worth noting that the region is full of nations battling severe financial and social issues.El Salvador – the first country to embrace bitcoin as an official payment method inside its borders – has the reputation of being the most violent nation in the region. Earlier this year, it recorded a murder rate of 52 per 100,000 inhabitants, ranking first in the world in that grim statistics. For one, Venezuela has been on a downward economic spiral for years.
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