These countries are likely to become cryptocurrency hotspots in 2022; Check inside
Along with investors, several countries have shown great interest in cryptocurrencies and are predicted to become cryptocurrency hotspots in 2022.
The year 2021 has been great for cryptocurrencies. The world’s largest cryptocurrency, Bitcoin has experienced new all-time high prices and more institutional buy from major financial institutions and tech companies. Also, the second-largest cryptocurrency, Ethereum has experienced a high record given the American government planning on seeking new regulations for cryptos. Along with investors, several countries have shown great interest in cryptocurrencies and are predicted to become cryptocurrency hotspots in 2022. Here are the top countries that might show great enthusiasm in cryptos:
United States: As per reports, in the last five years, United States’ interest in cryptos has witnessed a surge of 3000%. Reportedly, around 6% of the population own or use crypto. Around a quarter of the US, the population has entrusted their money into digital currency. Crypto has flourished in Miami and is currently hosting one of the biggest blockchain events of the year.
United Kingdom: The UK has been a huge fan of Bitcoins and other cryptocurrencies. In fact, the UK government is looking for ways to regulate the uses and practice of cryptos in the country. Amongst Europe’s most regulated cryptocurrency countries, the UK stands at the 11th position.
Czech Republic: Bitcoin transaction has increased immensely in recent times in Czech Republic. Besides, the fever of Bitcoin is spreading to larger groups as people are starting to notice the potential of digital currency. Downloads of Bitcoin-QT have also increased.
Vietnam: The country has been ranked second among 74 countries in a survey where the highest number of respondents stated that they used or owned cryptocurrencies in the past year. Besides, they have notified the government for the safe usage of cryptos.
Slovenia: It is becoming one of the crypto capital as it is welcoming crypto regulations. Many Slovanian retailers have started accepting transactions in cryptos and it is predicted that this trend will increase in the coming years.