US lags behind Russia and China for crypto adoption: Chainalysis


Source: nakamotonews.network nakamotonews.network

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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. The index also factors in the volume of trades made on peer-to-peer ( P2P ) crypto exchanges weighted by both the number of internet users and PPP. Top 10 countries for...