The Global South is a term used to designate countries primarily located in Africa, Asia, and Latin America, often characterized by developing economies and historical patterns of colonialism or economic disparity. It represents a significant portion of the world’s population and is increasingly recognized for its economic potential and influence. This designation is largely socio-political and economic rather than strictly geographical.
Context
The Global South is becoming a focal point for cryptocurrency adoption and innovation, driven by factors such as financial inclusion needs and access to mobile technology. News coverage often highlights how individuals and businesses in these regions are leveraging digital assets for remittances, investment, or as an alternative to traditional financial services. Understanding the role of the Global South is crucial for assessing the worldwide trajectory of digital asset adoption and the development of localized crypto solutions.
Global cryptocurrency adoption is rapidly expanding, fueled by diverse user needs in emerging economies and growing institutional engagement in developed regions.
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