• September 28, 2023


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Developing Countries Are Leading Crypto Adoption

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Emerging markets are confidently leading the adoption of digital currencies in the world.

According to Chainalysis experts, interest in the innovative tool is growing in countries such as Vietnam, the Philippines, Ukraine, India, Pakistan, Nigeria, Morocco, Nepal, Kenya and Indonesia.

The company analysts have studied millions of transactions, traffic of crypto exchanges and other network indicators. Based on all this info, they have concluded that developing countries show the fastest pace of entry into the blockchain industry.

Russia is on the list of states whose citizens are also actively testing the possibilities of Bitcoin and other virtual currencies.