UK tops crypto activity in Central, Northern and Western Europe: Chainalysis By Cointelegraph

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The United Kingdom has emerged as a major cryptocurrency economy worldwide and the biggest crypto country in terms of raw transaction volume in Central, Northern and Western Europe (CNWE), according to a new study.

The blockchain analytics firm Chainalysis released two new chapters of its 2023 Geography of Cryptocurrency report on Oct. 18, including its brand new CNWE study and the second edition on Eastern Europe.

Top countries by cryptocurrency value received between July 2022 and June 2023. Source: Chainalysis