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Russia Leads Crypto Adoption in Europe Surpassing the UK and Germany
Russia has emerged as the leader in cryptocurrency adoption across Europe, surpassing major economies like the United Kingdom and Germany. According to a recent report from U.S. blockchain analytics firm Chainalysis, Russia received a total of $376.3 billion in crypto transactions between July 2024 and June 2025, marking a nearly 50% increase from the previous year. In contrast, the U.K. recorded just $273.2 billion, about 30% less than Russia. Russia’s significant growth in crypto activity can be attributed to two main factors: an increase in institutional transfers and a surge in decentralized finance (DeFi) ... (full story)
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