Top Four Most Crypto-Aware Countries 

BrokerChooser, a financial services company with a focus on cryptocurrency brokerage has completed a survey on countries focusing the most on digital currencies. The research was multifaceted including data from Google keyword searches in the crypto space.

Ukraine displayed as the most crypto-aware nation in the world, scoring 8 out of 10, the highest of any other country.

For many years Ukraine has been pushing STEM (Science, Technology, Engineering, and Maths) subjects in education. Giving citizens incentives with grants and free education.

With such a high number of crypto enthusiasts being the younger generation, this could be the catalyst to seeing rising numbers of interest in Ukraine.

It is still very shocking to see Ukraine top of the list when cryptocurrencies are neither legal nor prohibited in the country.

Buying and trading are allowed, but currently, citizens cannot use digital currencies to purchase goods or services. However, a change in regulation could potentially occur. Recently the parliament passed a bill that could legitimize and regulate crypto assets.

While the Bank of Russia has been hesitant to adopt digital currencies, it was runner-up on the survey, with the second-highest percentage of crypto holders.

Vladimir Putin recently spoke to CNBC about his views around cryptocurrencies having the right to exist, and with Russia being a country with a high computer affluent population, it comes as no surprise.

Recently the United States took over as the top country in regards to Bitcoin mining, they came third on the list.

The United States mines 36% of the total hash rate for Bitcoin and with the recent China ban, this number is expected to grow as Bitcoin mining equipment leaves China and is imported into the US.

Kenya took fourth place, which could come as shocking to some, as it ranks 53rd in the world in the economy.

Despite this, statistics continue to show a huge interest in cryptocurrencies. Chainalysis, Global Crypto adoption Index 2021, ranked Kenya the top country in the world in terms of peer-to-peer exchange trade, well ahead of the other 154 countries surveyed. 

Kenya has been experiencing economic difficulties and like many countries in this situation have looked to digital currencies to protect their savings from currency devaluation.

This same story can be seen in countries like El Salvador who have taken the step to make Bitcoin a legal tender. Cryptocurrency has a long way to go before it’s used by a majority around the world but it is making great progress.

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Written by Isabella Aslam

Reporter

Isabella is an experienced writer in B2B and B2C journalism. Alongside crypto, Isabella writes and discusses the topics of relationships and psychology. Isabella holds a first-class degree in music journalism and often interviews electronic artists and DJs.

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