FTX CEO Sam Bankman-Fried sees a bright future for cryptocurrencies in Latin America. He is aware of the increasing use and demand of cryptocurrencies in Latin America, and said that usage in the remittance and payments sector is expected to grow in the future.
In a recent interview with Bloomberglinea, SBF said, “I think over time, the volume of transactions will increase and we will see more and more people using cryptocurrencies when sending money in Latin America and will start using it for payments. .”
The company is interested in the Latin American market and has been in conversations about potential business opportunities in the region. “I don’t think there’s anything concrete at the moment, but we’d love to do so and have been talking to potential partners in Latin America,” SBF said.