Crypto ownership Chile 2021

Chile | 2021

Cryptocurrency adoption and trends in Chile in 2021

2.6 %

of Chileans
own cryptocurrency

How many crypto owners are there in Chile?

It is estimated that over 500 thousand people, 2.6% of Chile’s total population, currently own cryptocurrency.(¹)

Chile – Latin America's potential crypto hub?

Chilean cryptocurrency exchange Crypto MKT has integrated with a crypto payment processor allowing the country’s citizens to purchase products and services with cryptocurrency from over 5,000 merchants. ⁽²⁾

How do Chileans view crypto?

Chile has seen record peer-to-peer Bitcoin trading volumes of nearly $580 thousand Chilean Pesos in September 2020. Chilean cryptocurrency exchange CryptoMarket has also seen daily trading volume in US dollars grow by nearly 270%, reaching about US$281,000. (3)

Crypto’s rising popularity in Chile

Coingeek: Chile Court orders banks to open accounts for digital currency exchange – January 2021
A court in Chile has ordered two of the country’s largest commercial banks to offer account services to a local cryptocurrency exchange, in a decision that could set a precedent for the wider digital currency industry in the country.
Bitcoin.com: Chilean NGO Prepares Draft to Include Crypto in New Constitution – December 2020
A pro-Crypto Chilean NGO hosted a series of conferences on cryptocurrencies and blockchain topics for educational purposes, named Cryptonight 2020, where they announced the preparation of a proposal to submit it in the context of the drafting of a new constitution and the release of a crypto blacklist.
Cointelegraph: Chile LocalBitcoins Volume Hits All-Time High Amid Pandemic… – April 2020
LocalBitcoins data shows that the weekly trading volume in Chile’s fiat currency recently touched a new all-time high. Cryptocurrency market data platform CoinDance shows that LocalBitcoins volume in Chile reached a new record of over 330 million Chilean pesos in the week ending on April 4.
Yahoo Finance: Chile introduces cryptocurrency regulation bill to Congress… – April 2019
Local media outlet Ahora Noticias reported that flexibility is among the most important aspects of the bill, since the pace of technological progress is so great.
Cointelegraph: Chile’s Central Bank considers cryptocurrency regulation… – May 2018
The president of Chile’s Central Bank believes that cryptocurrency regulation could allow better monitory of risks in the market.

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Chile | 2021

2.6

%

How many crypto owners are there in Chile?

Chile – Latin America's potential crypto hub?

How do Chileans view crypto?

Crypto’s rising popularity in Chile

Join our vibrant team, united by the mission to build a more efficient global payments ecosystem!

Looking for more information?

We’re here to provide the clarity you need about our solutions and the world of cryptocurrencies.

Understand the crypto market, reach untapped markets and grow your business.

Industry insights, product updates, and musings on crypto.

Find answers to all your questions about our solutions.

A comprehensive guide for your developers to integrate Triple-A’s solutions.

Chile | 2021

2.6

%

How many crypto owners are there in Chile?

Chile – Latin America's potential crypto hub?

How do Chileans view crypto?

Crypto’s rising popularity in Chile

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