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Ukraine, Russia and Venezuela are leading the world in crypto adoption: Chainalysis

Published 09/09/2020, 12:38 AM
Updated 09/09/2020, 02:20 AM
Ukraine, Russia and Venezuela are leading the world in crypto adoption: Chainalysis

Recent data published by Chainalysis revealed a surprising first place for Ukraine in the Global Crypto Adoption Index 2020, followed by Russia and Venezuela.

The Index looks at three on-chain metrics: the total value of on-chain crypto transactions weighted by purchasing power per capita (PPP), the value of on-chain retail transfers weighted by PPP, and the number of on-chain crypto deposits weighted by the number of internet users.

Top 10 countries for crypto adoption: Chainalysis

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