Ethiopia
The State of Crypto Adoption in Ethiopia Source: Freepik Ethiopia’s journey with cryptocurrency reflects a blend of caution, adaptation, and growing public interest. Government Adoption In June 2022, the National Bank of Ethiopia (NBE) officially prohibited crypto transactions. The bank cited risks to financial stability and concerns over money laundering. This directive, however, hasn’t […]
Denmark
The State of Crypto Adoption in Denmark Source: Freepik Denmark is gradually establishing itself as an open adopter of cryptocurrency. While it hasn’t gone as far as countries like El Salvador in making Bitcoin legal tender, Denmark allows Bitcoin to operate as both a payment token and an investment asset with relatively light regulation. Although […]
Grenada
Current Economic Situation in Grenada Grenada is a small, middle-income island in the Caribbean. Its economy has shifted from agriculture to services over the past 20 years, led by tourism and construction. Despite high human development, 25% of Grenadians live below the poverty line. Unemployment, especially among women and youth, remains high. Access to education, […]
Chile
The State of Crypto Adoption in Chile Source: Freepik Chile has significantly advanced in cryptocurrency adoption in 2024. The countries rose from 89th to 24th place in global rankings in 2024, as noted in a report by Triple A. This rise indicates a significant increase in both awareness and usage of digital currencies within the […]
Monaco
The Current State of Crypto Adoption in Monaco Source: Freepik Monaco, known for its high concentration of wealth and reputation as a global luxury hub, is emerging as an active player in the world of cryptocurrency. The principality has seen an uptick in both individual and institutional interest in digital assets. This is due to […]
Tonga
The Current Economic Situation in Tonga Source: Freepik Tonga is classified as a low-middle-income country with a small, vulnerable economy. Its economic base is narrow, making the country heavily reliant on foreign aid, remittances, and key sectors like agriculture and fisheries. This makes the country susceptible to external shocks, such as the economic impact of […]
Moldova
Current Economic Situation in Moldova Source: Freepik Moldova’s economy is marked by several long-standing challenges. Being one of Europe’s poorest countries, Moldova has a GDP per capita significantly lower than the EU average. The economy relies heavily on agriculture, remittances, and exports. Moldova’s economy has shown signs of recovery in early 2024, with improvements in […]
Switzerland
The Current State of Crypto Adoption in Switzerland Source: Freepik Switzerland remains a leader in cryptocurrency adoption and regulation in 2024. The country boasts a 23% crypto adoption rate, the highest in Europe, thanks to its progressive legal and economic environment Switzerland’s proactive approach to crypto adoption dates back to 2014 when Zurich set up […]
Bulgaria
The State of Crypto Adoption in Bulgaria Source: Freepik Bulgaria has positioned itself as an emerging player in the cryptocurrency landscape. The government and financial institutions have started to pay more attention to blockchain technology, although there is still a level of regulatory uncertainty. While it’s not one of the leading nations in Europe for […]
Barbados
Current Economic Situation in Barbados Source: Freepik Barbados is an island country located in the eastern Caribbean region of the Americas. The country is currently going through an economic recovery after the COVID-19 pandemic. Its economy was largely impacted especially its tourism sector. The tourism industry is growing again as international travel gradually picks up. […]