The use of cryptocurrency continues to catch up on the global scale, with the classification of countries with the largest adoption rates drawn by a myriad of economic, regulatory and political forces.
The adoption of the crypto is accompanied by several key advantages for these nations: greater financial inclusion for non-banished and sub-banking populations, accelerating cross-border transactions, economic protection in countries suffering from high inflation or monetary volatility and the promotion of technological ecosystems and more dynamic entrepreneurs. But it also presents challenges.
As the crypto is adopted more widely, political decision -makers and regulators must develop evolutionary systems to govern its use – guaranteeing security while encouraging innovation. And for law enforcement teams and national security, Crypto compatible crime requires new approaches, tools and information to conduct successful investigations on the digital battlefield.
So how do countries are currently accumulating in terms of the adoption of crypto and illicit cryptography activity? Our last report, 2024 Adoption of cryptography and illicit exposureExamine the changes and trends that shape the adoption of cryptocurrencies around the world – capturing the penetration of the use of cryptocurrency in different countries (taking into account the overall economic conditions of the country) – as well as a macro vision at the level of nations which currently know the highest rates of exposure to illicit cryptography.
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Key conclusions
THE 2024 Crypto and illicit exposure adoption report reveals significant changes in the global cryptocurial landscape in the past year, based on the analysis of billions of transactions through large blockchains. By examining crypto flows, user adoption rates and the presence of illicit activities, this report allows decision -makers and police to better understand global trends and potential risk areas.
Here are some of the main points to remember:
- India,, Indonesia,, Nigeria,, The United StatesAnd Vietnam Led in the adoption of the crypto in 2024.
- Kenya I saw the highest increase in the adoption of cryptography, doubling its cryptographic transaction volume from 2023.
- North Korea,, Nigeria,, GeorgiaTHE PhilippinesAnd Russia are the first five countries with the highest percentage of illegal exposure for entities mainly located in their jurisdictions.
- The 10 main countries of illicit exhibition are largely driven by the exposure of their entities to sanctions Or Fraud and scams.
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For the full list and in -depth analysis, Download your copy of the report here.
