766World Current AffairsMedium
As per the recent study, which region is the world’s fastest-growing crypto adopter?
AMiddle East and North Africa
BSouth and East Asia
CSouth America
DNone of These
Correct answer
A. Middle East and North Africa
Explanation
The Middle East and North Africa are the world’s fastest-growing cryptocurrency markets, with the volume of crypto received in the region jumping 48% in the year to June, blockchain researcher Chainalysis said in a report on Wednesday. While the MENA region is one of the smallest crypto markets, its growth to $566 billion received in cryptocurrency between July 2021 and June 2022 shows adoption is rising rapidly.