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@IgorBelykh more from that month

Implementation of crypto Chainalysis ranked all countries in terms of mass adoption of cryptocurrencies. TOP 10 in terms of the totality of all parameters in 2022: 1) Vietnam 2) Philippines 3) Ukraine 4) India 5) USA 6) Pakistan 7) Brazil 8) Thailand 9) Russia 10) China Despite the fall of the crypto market, many of those those who came in 2020 and 2021 have stayed and continue to invest in digital assets. Cryptocurrency adoption, as usual, is dominated by developing countries. Users in low-income countries with unstable economies often use crypto to send money transfers, save money from high inflation, and access digital banking services (DeFi). The most interesting thing is that China entered the TOP-10. Apparently, the ban on mining and trading is not so difficult to get around. The main conclusion of the study: Bear markets do not force people to leave the crypto market. The global adoption of crypto is now well above the levels it was before the start of the bull market in 2020. The industry is developing every year, because crypto is not only price speculation, but also many other useful things © CryptoGuru

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