**Crypto Revival in the Caribbean: Shining Again! 🌟**

After the fall of FTX, the crypto scene in the Caribbean was gloomy. However, since the end of 2023, crypto activity in the region has been booming again!

- **Chainalysis** reported that users in the Caribbean now prefer centralized exchanges (CEX) such as Coinbase and Binance.

- **Cayman Islands** has become a new hub for legal entities in the Web3 and blockchain sector, including Layer 1 and Layer 2 solutions.

- **David Templeman** of the Cayman Islands Bureau of Financial Investigation said, "The blockchain community here is getting stronger, learning from past mistakes."

Not only the Caribbean, **Latin America** also shows rapid growth in crypto adoption. Argentina leads with a crypto value of $91.1 billion, followed by Brazil with $90.3 billion.

- **Venezuela** recorded 110% annual growth, despite the uncertain political situation.

- DeFi is gaining interest in Venezuela, although centralized services still dominate.

What do you think about this revival? Come on, let's discuss in the comments column!