Blockchain analytics firm Chainalysis has published its 2022 cryptocurrency adoption index. Vietnam, the Philippines, India, and China are among the countries with the highest crypto adoption. While the overall adoption slows worldwide in bear markets, it “remains above pre-bull market levels,” the firm said.
Chainalysis’ Latest Cryptocurrency Adoption Index
Chainalysis published an excerpt of its upcoming report titled “2022 Geography of Cryptocurrency” Wednesday. It highlights the company’s 2022 Global Crypto Adoption Index, which ranked all countries based on their usage of different types of cryptocurrency services, the blockchain data firm explained.
According to the index, Vietnam tops the list overall, followed by the Philippines, Ukraine, India, the United States, Pakistan, Brazil, Thailand, Russia, and China.
Chainalysis detailed:
Overall adoption slows worldwide in bear market, but remains above pre-bull market levels.
Moreover, the blockchain analytics firm noted that “...
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