According to current data collected globally, Turkey is among the leading countries in the world in terms of cryptocurrency transaction volume.
Blockchain data and analytics company Chainalysis came to the fore with a report that attracted global attention. According to the report, Türkiye cryptocurrency transaction volume world ranking according to 4th place positioned.
Additionally, cryptocurrency taxation is high. India world ranking of the USA It ranks second by far, following its leadership, United Kingdom took third place. Russia It ranked fifth, falling behind Turkey in terms of cryptocurrency volume. on the list 6. next Canada, 7. next Vietnamese, 8. next Thailand And 9. next Germany is available.
What Chainalysis recently did Americas region report The rising star in the CSAO region, in the report he presented by combining his latest research with India While emphasizing that it has the highest cryptocurrency transaction volume worldwide, still in US hands He stated that it was.
According to data, India July 2022 to June 2023 Between approximately $268.9 billion While the USA hosts the cryptocurrency volume, the transaction volume 4 times difference throwing $1 trillion He climbed on it. On the chart Turkey’s The volume is estimated 180-200 billion dollars It is at the level.
India’s leading cryptocurrencies in the world country that charges the highest taxes Considering that the transaction volume and demand at this rate was remarkable. The Indian government is already making money from cryptocurrency revenues. 30%from every transaction made specifically for cryptocurrency 1% tax it cuts.
On the other hand, in the report, Central-South Asia And CSAO covering Oceania It was stated that the region called is leading the world. July 2022 with June 2023 Approximately the global cryptocurrency volume between 20% took place in this region.
However, the most popular sector in the region is decentralized finance (DeFi) became the area. Additionally, last year DeFi participated in CSAO. an increasing role was seen to be undertaken and the regional transaction volume was estimated 55.8% created. This rate was last year 35.2% was at the level.
Chainalysis believes that the increasing demand in the region inflationist conditions Therefore, it requires both grassroots adoption and the development of countries in this region. from their unique economic needs He argued that it stemmed from:
The growing interest across the region is due to the fact that these countries have wide-ranging, unique economic needs, and in each case different cryptocurrency platforms and assets have emerged to meet them.
Report, Pakistan And Philippines Beyond cryptocurrencies in regions with poor economic conditions such as to stablecoins revealed that interest in the topic is increasing rapidly. In addition, in these regions, there are people returning via crypto money. rapid increase in the gaming industry attention was drawn.
On-chain analysis firm kaiko by September 14 In another report quoted in Turkish Lira (TRY) Total fiat transaction volume on Binance in September 75% It was stated that it was created.