Ukraine Leads Global Crypto Adoption, Chainalysis Says in New Report
Ukraine, Russia and Venezuela are the top three countries by crypto adoption in the world, according to Chainalysis.
For a moment, it looked as if crypto would make a huge stride in Venezuela. But accessing funds from abroad has been difficult.
Using free and open-source software, the Open Observatory of Network Interference has built a “decentralized, citizen-led, internet censorship observatory.”
The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control.
The exit deprives Venezuela's crypto scene of its second-largest P2P exchange.
Venezuela has blocked access to Coinbase and MercaDolar, cryptocurrency and fiat remittance platforms respectively, alongside two VPN providers.