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The World’s Most Desperate Economies Are Still Trying to Get Rich Quick on Cryptocurrency

A chaotic illustration depicting three figures from different cultures - one Indian, one Nigerian, and one Indonesian - each grasping a handful of cryptocurrency coins amidst swirling dollar signs and blockchain patterns.

The Great Crypto Frenzy Continues: India, Nigeria, Indonesia Lead Chainalysis 2024 Index.

Source: bitcoin.com

India, Nigeria, and Indonesia top Chainalysis’ latest global crypto adoption index, which ranks 151 countries based on grassroots cryptocurrency usage, adjusted for population and purchasing power. The report notes strong growth in crypto activity, particularly in lower-income nations. Blockchain data analytics firm Chainalysis published an excerpt from its 2024 Geography of Cryptocurrency Report on Wednesday. The report features the firm’s fifth annual Global Crypto Adoption Index, which ranks countries based […]

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