After the FTX collapse, crypto activity in the Caribbean had decreased, but that changed as of late 2023. 🌟 Chainalysis noted that users are opting for centralized exchanges like Coinbase and Binance.

The Cayman Islands is flooded with foreign clients establishing legal entities in the Web3 and blockchain sectors. This includes areas such as AI, gaming, and data storage.

Crypto adoption in Latin America is up 42.5%. Argentina and Brazil are leading, while Venezuela stands out with 110% growth. Interest in DeFi is also increasing. 🚀