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Cryptocurrencies: Which is the European country with the highest adoption rate of digital assets?

Cryptocurrencies: Which is the European country with the highest adoption rate of digital assets?

The cryptocurrencies They are an option that adds more and more followers in the world and, in particular, in Europe. In this sense, a recent survey revealed that Swiss is the country of the old continent with the higher adoption rate of digital assets among its citizens.

The data comes from figures published by BitcoinCasinos.com, based on information from Statista Consumer Insights. As it appears, in 2023, Switzerland reached the 21% of its population who decided to invest in cryptocurrencies. This number indicates that it has a crypto adoption rate what is twice that of other countries such as the United Kingdom, Germany or France.

He general average of European countries is at a rate of between 12% and 16% of the population who uses or owns digital assets, according to Statista. In this way, the rate of 21% from Switzerland it is located well above average of Europe.

This country has a regulatory framework that fosters the growth of the crypto ecosystem so it could be assumed that the growing community of blockchain enthusiasts has to do with that level of trust that the state of said country confers on it.

Ranking by countries

The second place in the ranking of European countries with the highest rate of adoption of cryptocurrencies is occupied by Netherlands with 19% in 2023. According to Statista data, the podium is completed Norway with 17% of its population adopting digital assets.

Belgium and Ireland round out the top five list, with 16% of its population that uses or owns digital currencies. Next, United Kingdom and Germany rank with a cryptocurrency adoption rate of 12%. Below are France and Italywith a eleven%.

The countries with the highest crypto growth in the last year

On the other hand, the survey revealed that Russia experienced the highest growth in cryptocurrency adoption in Europewith a 14% of its population that now uses digital assets, compared to the 10% of a year ago.

In terms of growth in the last year, it is followed by Swiss and Poland with an increase of 3% each. most of the other European countries experienced a growth in cryptocurrency adoption from between 1% and 2% in the last year.

In general terms, Statista wait to continue the growing adoption of cryptocurrencies in Europe during this year. Last year there were 98.5 million crypto users in European countries, compared to the 71.5 million of the previous year. In 2023, growth is expected to be 43% and, in the next four years, growth of 32% is expected.

Source: Ambito

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