News

Ukraine, Russia, & 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, or 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.

The index also factors in the volume of trades made on peer-to-peer crypto exchanges weighted by both the number of internet users and PPP.

MORE

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s