From January 2021 to July 2025, Ethereum-based flows in Latin America reached $45.5 billion, accounting for around 75% of all flows. Latin America’s (LATAM) centralized crypto exchanges grew from niche platforms into critical financial infrastructure in three years, with flows increasing ninefold, according to new research. Dune Research’s LATAM Report revealed that 2021 annual crypto exchange flows in the region totaled $3 billion. In 2024, the total exchange flows for LATAM reached $27 billion, up by 800%, signaling strong regional digital asset growth. In its early years, LATAM crypto activity was modest by global standards. Still, a fragmented ecosystem of small brokers and over-the-counter (OTC) desks grew into integrated exchanges serving retail and institutional clients. Read more
Concordium launched a mobile app using zero-knowledge proofs for anonymous age verification as UK rules fuel demand for privacy-safe solutions. Layer-1 proof-of-stake blockchain Concordium launched a mobile app that allows users to verify their age without disclosing their identity. According to a Tuesday announcement shared with Cointelegraph, the new solution — available as a mobile application for iOS and Android — uses zero-knowledge proofs (ZK-proofs) to allow users to prove their age without revealing their identity. The app creates an encrypted ID that can be used for age checks on third-party services. Concordium framed the launch as a privacy-friendly alternative to traditional ID-based systems at a time when concerns about government-mandated verification are growing. Read more