The primary barrier to cryptocurrency adoption in Peru is a lack of understanding, with of respondents pointing to this as the biggest challenge. Security concerns also play a significant role, with of respondents citing fears related to fraud, hacking, and data breaches.
Other noteworthy barriers include regulatory uncertainty and lack of trust in platforms. Addressing legal frameworks and building more reliable, user-friendly platforms could foster greater confidence in the crypto space.
For a deeper dive into the topic, explore most traded cryptocurrencies in Peru, Cryptocurrency interest in Peru, Most used payment methods in Peru.