Ghana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis

Cointelegraph

Published Sep 29, 2022 06:57AM ET

Updated Sep 29, 2022 08:40AM ET

As emerging markets take the lead in crypto adoption, Ghana, a country located in West Africa, may soon catch up to other African countries regarding cryptocurrency use.

In a report released by blockchain analytics platform Chainalysis, researchers found that Ghana has the potential to achieve crypto adoption levels similar to Kenya and Nigeria, countries which ranked 11th and 19th in the analytics firm’s global crypto adoption index.

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