RATE Group | How Are Cryptocurrencies Accepted Around the World?
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How Are Cryptocurrencies Accepted Around the World?

How Are Cryptocurrencies Accepted Around the World?

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It was one of the most historic days for the world when Satoshi Nakamoto announced the first cryptocurrency Bitcoin way back in January 2009. Since then, there have been hundreds of cryptocurrencies introduced, and the crypto phenomenon has become a part of the mainstream financial debates all over the world. However, it would be interesting to see how much cryptocurrencies are actually being used.

Blockchain Daily conducted a country-wise data about the percentage of people using crypto and has released an infographic of the results on Twitter. The results are quite surprising, with some unexpected names at the top and bottom. That said, the survey takes only the top 18 countries, and hence many big names, like India and Switzerland, don’t feature in the list, as crypto usage is extremely low in these countries.

As per the survey, Turkey tops the list with about 20% of people in the Middle Eastern powerhouse using crypto, which is quite astonishing. Turkey has had quite strict…

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