Venezuela and Argentina in the Top Ten Globally for Users of Cryptocurrencies By DailyCoin – Investing.com
- Date: 25-Aug-2021
- Source: Investing.com
- Sector:Financial Markets
- Country:Kuwait
Venezuela and Argentina in the Top Ten Globally for Users of Cryptocurrencies By DailyCoin – Investing.com
The two Latin American countries, Argentina and Venezuela, rank among the top 10 countries for users of digital currencies on the planet. In the list headed by Vietnam, with India and Pakistan in second and third respectively, Venezuela appears in the seventh place while Argentina rounds out the list in the tenth place.
Over the last year, the use of cryptocurrencies worldwide has grown exponentially. According to a report by platform security consultancy Chainalysis, the use of crypto in both countries has gained momentum.
Venezuela, which ranked third in 2020, was overtaken in the last year by Ukraine, Kenya and Nigeria. On the other hand, Argentina advanced from 28th to 10th, followed by Colombia in 11th, which fell from 9th place.
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