[Forwarded from Russian Market]
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Ukraine is global leader in crypto adoption

According to the UNCTAD (https://unctad.org/system/file....s/official-document/ the crypto ecosystem expanded by 2300% between September 2019 and June 2021, especially in developing countries.

The UN believes that the main reasons for the increased use of crypto in developing countries were the attractive speed and price of sending remittances, as well as the perception of cryptocurrencies as a way to protect household savings, since cryptocurrencies are mainly held by middle-income people in developing countries, particularly in countries facing currency depreciation and rising inflation.

The research found that Ukraine is the global leader with 12.7% of its residents having exposure to crypto, while Russia is second with 11.9%. Venezuela and Singapore come in third and fourth with 10.3% and 9.4% respectively. Kenya closes the top five, where 8.5% of the population or 4.25 million people own digital currencies, which is the highest adoption rate in Africa.

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