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Global crypto adoption among retail investors surges 881 percent

Global crypto adoption among retail investors surges 881 percent

Al Jazeera
Wednesday, August 18, 2021 03:31:47 PM UTC

The top countries adopting crypto in the past year are Vietnam, India, Pakistan and Ukraine, crypto-analysis firm Chainalysis said.

Global crypto adoption among ordinary investors has surged in the past year, according to crypto-analysis firm Chainalysis. Using factors like peer-to-peer exchange trading volume and value received, Chainalysis said global crypto adoption has risen by more than 881% in the past year. While the firm sees professional and institutional markets as crucial, it aimed to highlight the countries with the greatest crypto adoption by retail investors — focusing on use cases related to transactions and individual saving, rather than trading and speculation. The top countries in the ranking are Vietnam, India, Pakistan and Ukraine.
Read full story on Al Jazeera
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