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Huobi study: every tenth Russian owns a cryptocurrency

The Huobi Research platform has made public its annual report "Global Cryptocurrency. Industry and Trends Overview".

According to the results of the research, Russia took the third place in the world in terms of maturity of the cryptocurrency market. The U.S. and Vietnam (Huobi) are on the 1st and 2nd places of the rating.

The participation of Americans in DE-FI is the most noticeable - 31.8% of the volume of all transactions accounted for the U.S.

The crypto market maturity indicator includes: % of cryptocurrency users in the countries, the volume of CEX (centralized platforms) use, DeFi and Internet requests.


By the popularity of cryptocurrencies Russia ranks 5th - 10.1%, the U.S. 2nd - 13.7%, and Vietnam 1st - 20.3%, leading the 15 countries.


The Huobi Research platform has made public its annual report "Global Cryptocurrency. Industry and Trends Overview".

According to the results of the research, Russia took the third place in the world in terms of maturity of the cryptocurrency market. The U.S. and Vietnam (Huobi) are on the 1st and 2nd places of the rating.

The participation of Americans in DE-FI is the most noticeable - 31.8% of the volume of all transactions accounted for the U.S.

The crypto market maturity indicator includes: % of cryptocurrency users in the countries, the volume of CEX (centralized platforms) use, DeFi and Internet requests.

By the popularity of cryptocurrencies Russia ranks 5th - 10.1%, the U.S. 2nd - 13.7%, and Vietnam 1st - 20.3%, leading the 15 countries.

In terms of the number of visits to CEX exchanges:
U.S. (just over 9%),
South Korea (7.4%)
Russia (6.1%).
Brazil (5%).

Russia is in 14th place on the list (1.56%).

Analysts at Huobi singled out Singapore:
"Singapore has become the best place for tech startups, attracting a large number of innovators and unicorn companies, which naturally include crypto projects. Singapore remains highly tolerant and open to the crypto industry: regulation is enforced, but there is plenty of room for innovation".

Despite this, only 4.9% of Singapore's population actively uses digital currency. The country's share of total transactions on centralized exchanges is only 0.8%.

Analysts called Hong Kong the "sleeping financial center" because of the radical bans in the cryptosphere. However, Hong Kong's intention to legalize cryptocurrencies could be the beginning of a bull market. The former head of BitMEX, Arthur Hayes, suggests that Hong Kong has every chance of becoming a global center for cryptocurrencies.

The number of cryptocurrency users grows every year! In 2020- 101 million, in 2021 the number of users was 295 million. In 2022, there are about 320 million cryptocurrency users in the world.