In Brief: Vietnam, Philippines Among Top Countries for Cryptocurrency Adoption – Urban Land Magazine – Urban Land

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By Brett Widness
September 14, 2022
According to the 2022 Global Cryptocurrency Adoption Index, four of the top five countries for cryptocurrency adoption are emerging markets, with the United States listed in fifth place. The index is produced by Chainanalysis, a blockchain data platform serving more than 70 countries.
The 2022 Global Crypto Adoption Index Top 20
According to Nikhei Asia, real estate firms in Thailand are interested in cryptocurrencies and real estate s in the virtual metaverse.
According to ChainAnalysis, “Our Global Crypto Adoption Index is made up of five sub-indexes, each of which is based on countries’ usage of different types of cryptocurrency services. We rank all 146 countries for which we have sufficient data according to each of those five metrics, take the geometric mean of each country’s ranking in all five, and then normalize that final number on a scale of 0 to 1 to give every country a score that determines the overall rankings. ”
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