Who is winning the crypto adoption race
Who is winning the crypto adoption race
About Crypto markets
About Crypto markets
From North America to Dubai, every nation is trying hard to bring in crypto investments. Here's the list of the winners.
1. MENA
1. MENA
The Middle East and North Africa are the world's fastest-growing crypto markets. $566 billion received in cryptos between July 2021 and June 2022
2. Latin America
2. Latin America
Latin America saw the second biggest growth at 40 per cent in the same period.
3. North America
3. North America
North America was next at 36 per cent growth. The growth has slowed down due to non-friendly response from Federal Reserve.
4. Asia & Australia
4. Asia &
Australia
Central & Southern Asia and Australia combined stands at 35 per cent growth.
MENA countries at top
MENA countries at top
Three MENA countries are among the top 30 in Global Crypto Adoption Index, with Turkey in 12th place, Egypt taking the 14th spot and Morocco 24th.
Data Source
Data Source
The report is published by blockchain researcher Chainalysis. The firm is also helping authority recover crypto from Ronin hack.
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