P2P payments spurred crypto adoption across Venezuela in 2021

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P2P payments spurred crypto adoption across Venezuela in 2021
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Crypto is booming in Venezuela! The South American country saw adoption grow thanks to positive conditions for mining, government support and the popularity of NFTs and P2E games.

For Venezuela, 2021 has been a year of considerable changes at the microeconomic level, where even more than in 2020, the results of powerful catalysts for change such as COVID-19 were clearly visible.

In this review, we’ll take a look at the highlights of the Venezuelan crypto ecosystem in 2021 including related areas such as trading, play-to-earn games, fintech, mining, regulation and nonfungible tokens .seventh in the Global Cryptocurrency Adoption Index 2021 thanks in large part to peer-to-peer trading activity.

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