According to Chainalysis analysts, the countries of central and southern Africa will lead the way in the coming years in terms of the adoption rate of virtual currencies.
These regions account for up to 40% of the world’s total population. Central and southern Africa is followed by Oceania, where adoption of bitcoin and other virtual currencies is also accelerating.
Chainalysis believes that after Africa, India will become another center of market development. Moreover, residents of this country are switching to digital assets despite the fact that transactions with such an instrument are prohibited by the Central Bank.
Chainalysis also draws attention to the increasing number of cryptocurrency holders in Pakistan, Thailand, Vietnam, Indonesia and the Philippines.