Copy-paste | Ukraine overtook Russia in terms of citizens' interest in cryptocurrencies

According to the latest study, the population of Ukraine is most interested in digital assets. Russiaand the United States came in second and third.

Cryptocurrency brokerage firm BrokerChoosertook into account several factors, such as the total number of digital asset holders and the global adoption index, to determine which country in the world is the most knowledgeable about cryptocurrencies.

Google searches for phrases“cryptocurrency”, “cryptocurrency comparison”, “which cryptocurrency to invest in”, “cryptocurrency to buy”, “cryptocurrency trading”, “cryptocurrency trends” and “cryptocurrency brokers” also played a significant role in formulating the conclusions.

Despite financial problems, fightingand a high percentage of poverty, Ukrainians show a great interest in digital assets and topped the rating with 7.97 points (out of 10). The largest country by area, Russia, took second place, while the largest US economy settled in third place.

It is noteworthy that in fourth place isanother country experiencing economic difficulties is Kenya. And this shouldn't come as a surprise, as the study points out that people in emerging markets often turn their attention to the digital asset industry to protect their savings from currency devaluation.

On the other hand, implementation in such a gooddeveloped regions such as North America, Western Europe and East Asia are provided mainly by institutional investors, notes BrokerChooser.

Returning to Ukraine, we note that for the currentmoment cryptocurrencies are neither legal nor prohibited. Despite the fact that Ukrainians cannot use bitcoins or altcoins to pay for goods or services, traders and investors can buy and sell them on exchanges within the country.

Last month, the country's parliament passed a lawwhich can legitimize and regulate digital assets within Ukraine. Once approved by President Volodymyr Zelenskiy, the new law will protect investors and marketplaces from fraud.

Minister of Digital Transformation Mikhail Fedorovemphasized the popularity of the asset class among the population of Ukraine. He gave hope that an Eastern European country could be the first to legalize cryptocurrencies.

In turn, the CEO of the platformBinaryx Oleg Kurchenko believes that if successful, the bill "will reduce the stereotypical attitude towards cryptocurrencies and help them become normal financial instruments."

Source