Ukraine went around the Russian Federation in the global index of accepting cryptocurrencies from Chainalysis

Ukraine took third place in the rating of the adoption of cryptocurrencies for 2022. This is evidenced by data from the analytical company Chainalysis.

The first place of the global index was taken by Vietnam, the second – the Philippines. The Russian Federation was in 9th place, the top 10 China closes.

Experts noted that in countries with developing markets, digital assets are more often used to send money transfers, save savings and closing other financial needs of the population:

“These countries tend to rely on bitcoin and stablecoins more than others.”.

Chainalysis data also demonstrate that the critical mass of new users investing in cryptocurrencies during the price of prices remains on the market and after Millions of dollars reducing the value of assets.

“Developing countries dominate the adoption index mainly because crypto acts provide unique, tangible advantages in unstable economic conditions,” analysts believe.

When drawing up the Chainalysis rating took into account such indicators as:

• the cost of cryptocurrencies passing through centralized exchanges;
• turnover P2P-trade;
• the volume of transactions spent through Defi Protokols and T.P.

Calculations were made taking into account the parity of the purchasing ability to per capita.

In 2021, Ukraine and the Russian Federation took 4th and 18th place, respectively, in the Chainalysis rating.

Earlier, the co -founder of Ethereum Vitalik Buterin said that Ukraine can become a cryptohab because it has “ability and determination” for this.

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