Cryptocurrency Report Index: North Africa and the Middle East are growing

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Chainalysis has published a new chapter of the Geography of Cryptocurrency Report Index 2022 which highlights some trends in the cryptocurrency sector, with a comparison between the data of July 2021 and those of June 2022. In this 12-month period, the sector has experienced several changes. Here are the details.

Here’s what Chainalysis’s Geography of Cryptocurrency Report Index 2022 reveals

According to the new report of the Geography of Cryptocurrency Report Index 2022, the Medium East and the Nord Africa they are among the smaller crypto markets globally. Overall, there are $ 566 billion in cryptocurrencies between July 2021 and June 2022.

It should be noted, however, that these two markets are among those that do register the fastest growth in the period considered. The figure that emerged from the Geography of Cryptocurrency Report Index 2022 confirms a growth of 48% compared to last year.

America is also growing, both as regards Latin America and North America, which register + 40% and + 36% respectively. As for the Middle East and North Africa, however, this area hosts three of the top thirty countries in this year’s index: Turkey (12), Egypt (14) and Morocco (24).

To consult the complete report, you can take a look at this section of the official website of Chainalysis.