Argentina Overtakes Brazil as Latin America’s Crypto Adoption Leader
Argentina has surged ahead of Brazil to become the region’s top hub for crypto adoption and regulation, according to Sherlock Communications’ Blockchain Latam Report 2025. While Brazil remains Latin America’s largest crypto market by size, Argentina now leads in regulatory clarity and grassroots adoption.
The report highlights that Argentines received $91 billion on-chain between July 2023 and June 2024—outpacing Brazil despite having only a fifth of its population. Argentina also ranks 4th globally on Chainalysis’ adoption index, reflecting a strong bottom-up movement driven by exchanges. In contrast, Brazil’s adoption is largely led by traditional finance institutions, with recent government crackdowns threatening to push activity offshore.
Sherlock concludes that Argentina’s regulatory consolidation and user-driven growth make it the most active crypto-receiving nation in Latam, while Brazil risks losing momentum due to restrictive policies.
Clever Robot News Desk 20th September 2025
