**Crypto Revival in the Caribbean**

- Crypto activity in the Caribbean had been declining following the collapse of FTX. However, a significant revival has been observed in the region since late 2023. 🌟

- According to Chainalysis’ 2024 Crypto Geography Report, there is an increase in offshore clients establishing legal entities in the Web3 and blockchain sectors in the Cayman Islands.

- Latin America is the second fastest growing region in crypto adoption with a 42.5% annual growth rate. Argentina and Brazil are the leaders in crypto values.

- Venezuela stands out as one of the fastest growing crypto markets in the region with a 110% annual growth rate. Interest in DeFi is also increasing. 🚀