Which Country Is The Most Interested In Crypto?
Hong Kong? South Korea? The United States of America? Nope. It’s Ukraine.
Covered:
- Most Interested Countries In Crypto
- Ukraine Is A Sneaky Crypto-Friendly Country
Ukraine Leads The Way
The countries with the most interest in cryptocurrency. Credit: BrokerChoosers.com
According to Brokerchooser.com, Ukraine is the most interested in crypto as far as countries go in the world. The online broker aggregator came to this conclusion via a proprietary formula that looks at the Google searches of the top 50 countries that use their site.
Ukraine’s next door neighbour Russia is second according to the study. The former communist country’s inclusion on the list comes as no surprise. “Go to a Consensus crypto event and you were sure to run into Russians talking about their “projects,” Kenneth Rapoza of Forbes said back in 2019. Not to mention, the nation’s president, and excellent hockey player, Vladimir Putin isn’t as against crypto as most world leaders.
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Interestingly, some point to Ukraine’s interest in crypto is most likely due to the country’s banking system failures that resulted from the 2014 Russian invasion of Crimea.
Rounding out the top 3 is the USA. The interest level of Americans is quite impressive considering that the US still has no crypto ETF; politicians are actively meddling with the industry’s future; and Fed Chair Jerome Powell keeps telling anyone who will listen that cryptocurrencies have failed.
Ukraine Is A Sneaky Crypto-Friendly Country
"Bitcoin's mere survival is enough to put it on the world stage."
— @dergigi??Ukraine pic.twitter.com/M3xIROvFnL
— BITCOIN STREET ART (@BTCSTREETART) October 13, 2021
The revelation that Ukraine has the most crypto-interested populace comes as a bit of a surprise to some considering how popular crypto appears to be in South East Asia and the sheer amount of exchanges that operate out of Hong Kong and Singapore.
However, that presumption is hardly fair. Because Ukraine is quietly becoming the most crypto-friendly country in the world.
Recently, Ukraine legalized cryptocurrency. The law doesn’t make Bitcoin, or any other cryptocurrency, legal tender, but it does allow crypto to be regulated.
“The development of a new industry will allow attracting transparent investments and will strengthen the image of our country as a high-tech state,” said vice prime minister of digital transformation, Mykhailo Fedorov.
Also, Ukraine is making aggressive moves with regard to its Central Bank Digital Currency (CBDC). Back in mid-August, Ukraine announced their pilot program for the e-hryvnia for government workers. In addition, they’ve been working with Stellar on a CBDC project for years.
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Beyond that, Ukraine is also another benefactor of the Chinese mining diaspora. The country plans for large mining centres next to its nuclear plants.
Despite BrokerChoosers less than inspiring methodology, it’s hard to argue with the results.
The post Which Country Is The Most Interested In Crypto? appeared first on CryptosRus.
Text source: CryptosRus
