#Mexicans are interested in cryptocurrencies, but they are not exempt from obstacles.

Although Mexicans are interested in crypto, the truth is that they still face several obstacles to enter the market.

The volatility and risk associated with crypto (54%) are the main barriers, followed by the belief that there are many scams related to them (51%). In addition, 49% of respondents point to lack of knowledge about how and where to start investing in cryptocurrencies as a relevant obstacle.

"Metaverse" is the most familiar term for the Mexican population. However, these three concepts remain unfamiliar to the majority of the Mexican population."

In terms of regulation, 47% of respondents believe that #cryptocurrencies should be heavily regulated to ensure the stability of traditional #financial #markets and protect investors.

38% of #Mexicans want a #regulation that encourages #investment in #cryptocurrencies :

"Data privacy and the desire to have more control over their identity on the Internet are the most relevant aspects for Mexicans. However, only 48% trust their current internet services."

The study also reveals that most Mexicans are unaware of the environmental impact of cryptocurrencies, with 52% of respondents unsure about it.

In addition, it highlights that most Mexicans are unfamiliar with the concept of #Web3 , which is based on digital assets such as cryptocurrencies and non fungible tokens (NFTs). Only 4% of respondents claimed to have a lot of knowledge on this topic. Other concepts related to Web 3.0, such as metaverse and NFTs, are also unknown to most Mexicans.