{"id":176668,"date":"2023-10-18T21:03:32","date_gmt":"2023-10-18T15:33:32","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=176668"},"modified":"2023-10-18T21:03:32","modified_gmt":"2023-10-18T15:33:32","slug":"uk-emerges-as-worlds-third-largest-economy-in-terms-of-crypto-transaction-volume-chainalysis-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/uk-emerges-as-worlds-third-largest-economy-in-terms-of-crypto-transaction-volume-chainalysis-crypto-news\/","title":{"rendered":"UK emerges as world\u2019s third-largest economy in terms of crypto transaction volume: Chainalysis &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The United Kingdom is the world\u2019s third-largest economy in terms of raw cryptocurrency transaction volume, behind the U.S. and India, according to on-chain intelligence firm Chainalysis.<\/p>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/fake-blackrock-etf-news-prompts-us57-mln-bitcoin-long-liquidations\/\">Fake BlackRock ETF news prompts US$57 mln in Bitcoin long liquidations<\/a><\/p>\n<h3 class=\"wp-block-heading\">Fast Facts<\/h3>\n<ul>\n<li>The U.K. also emerged as the biggest crypto economy in the Central, Northern, and Western European (CNWE) region, having received an estimated US$252.1 billion worth of crypto payments this past year, according to Chainalysis\u2019 2023 Geography of Cryptocurrency <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.chainalysis.com\/blog\/western-europe-cryptocurrency-adoption\/\">report<\/a> published Wednesday.<\/li>\n<\/ul>\n<ul>\n<li>Germany was CNWE\u2019s second-largest crypto economy, with US$120 billion received in crypto transactions, followed by Spain with US$110 billion.<\/li>\n<\/ul>\n<ul>\n<li>CNWE is the world\u2019s second-largest crypto economy after North America, accounting for 17.6% of global transaction volume between July 2022 and June 2023.<\/li>\n<\/ul>\n<ul>\n<li>Decentralized finance (DeFi) accounted for 54.8% of the crypto value received, making it the most popular crypto-related service in the region.<\/li>\n<\/ul>\n<p><strong><em>See related article: <\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/forkast.news\/binance-hong-kong-users-lose-us450000-phishing-texts\/\">Binance users in Hong Kong hooked by US$450,000 phishing attacks<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The United Kingdom is the world\u2019s third-largest economy in terms of raw cryptocurrency transaction volume, behind the U.S. and India, according to on-chain intelligence firm Chainalysis. See related article: Fake BlackRock ETF news prompts US$57 mln in Bitcoin long liquidations Fast Facts The U.K. also emerged as the biggest crypto economy in the Central, Northern, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":140007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-176668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=176668"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176668\/revisions"}],"predecessor-version":[{"id":176669,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/176668\/revisions\/176669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/140007"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=176668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=176668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=176668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}