Chainalysis: Developing countries lead in the adoption of cryptocurrencies

Despite the repressive policies of Asian and African countries towards the cryptosphere, emerging markets are confidently leading in the rate of adoption of digital currencies.
The Chainalysis research states that interest in the innovative tool is growing in such states as Vietnam, the Philippines, Ukraine, India, Pakistan, Nigeria, Morocco, Nepal, Kenya and Indonesia.
Analysts studied millions of transactions, bitcoin exchange traffic and other network metrics. Based on their findings, they concluded that developing countries have the fastest rate of entry into the blockchain industry.

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