Venezuela recorded the fastest growth in cryptocurrency activity among Latin America’s largest markets over the year ending June 30, 2026, with crypto transactions more than doubling to $39.1 billion, according to a report from blockchain analytics firm Chainalysis. Chainalysis ranked Venezuela fourth in Latin America for crypto activity, behind Brazil at $252.5 billion, Argentina at $88.5 billion, and Mexico at $77.6 billion. Colombia held fifth place with $29.1 billion in crypto activity during the same period.