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Emerging Crypto Titans? Ukraine and Russia's Surprising Surge
Austin Hodge
October 17, 2024 • Read Time: 13 minutes
In an unexpected twist amidst the chaos of war and global sanctions, Ukraine and Russia have emerged as powerhouses in the cryptocurrency ecosystem, holding the 6th and 7th spots on this year’s Global Crypto Adoption Index. Russia's surprising ascent by six spots, despite tightening sanctions, underscores the tenacity of its crypto market, with jaw-dropping inflows of $182.44 billion. Meanwhile, Ukraine showcases formidable DeFi growth with a 361.49% increase in large transactions, symbolizing a strategic shift toward crypto amidst geopolitical upheaval. How are these nations leveraging crypto while the world watches their every move?
Let's dive in!
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coinspeaker.com/u2u-network-in…— Coinspeaker (@coinspeaker)
11:17 AM • Oct 17, 2024
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