According to Ripple, Latin America is a hotbed of opportunity for cryptocurrency companies

Cryptocurrency and payments business Ripple has published an article assessing the prospects Latam offers crypto entrepreneurs as its regulated payments track enters the crypto space. While the region faces significant challenges due to its economic characteristics and the prevalence of centralized institutions, the group sees a lucrative opportunity for businesses that partner with these banks to offer cryptocurrencies to the public.

Ripple identifies its presence in Latin America

Ripple, a bank payments, remittance and cryptocurrency company, believes that Latin America could be a potential hotspot for cryptocurrency entrepreneurs in the future. In a recent study, Ripple investigated the potential integration of existing payment and crypto services in the region. According to the company, these opportunities could emerge when banks begin to integrate bitcoin services into their systems.