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Crypto Adoption Slowed in Last Year but Remains Above Pre-2021 Levels: Chainalysis Study

Chainalysis' "2022 Geography of Cryptocurrency" report also found that 18 of the 20 countries where crypto adoption was highest were low- to middle-income countries.

By Jamie Crawley

Updated May 9, 2023, 4:00 a.m. Published Oct 20, 2022, 3:41 p.m.

Crypto adoption has slowed considerably since the start of the bear market this year, according to Chainalysis. (Shutterstock)