Sam Bourgi: Europe becomes largest crypto economy with over $1T in transactions


Sam Bourgi: Europe becomes largest crypto economy with over $1T in transactions
editor_iot
30/09/2021 – 08:41

“The region of central, northern and western Europe, or CNWE, has emerged as the world’s most active cryptocurrency block, receiving over $1 trillion worth of digital assets over the past year, according to new research from blockchain analytics firm Chainalysis. 

The report, which was released Tuesday, found that the CNWE region accounted for 25% of global crypto activity between July 2020 and June 2021. The region witnessed a sharp uptick in transaction volume across all crypto sub-categories, especially decentralized finance, or DeFi.”


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