Leading experts at Chainalysis project that central and southern African nations are poised to dominate the cryptocurrency adoption race in the forthcoming years.
Collectively, these regions are home to nearly 40% of the world's population. Trailing close behind them is Oceania, witnessing a rapid surge in the acceptance of Bitcoin and similar digital currencies.
Interestingly, India, despite its Central Bank's reservations against digital transactions, is predicted by Chainalysis to be the subsequent focal point for crypto market growth.
Furthermore, the crypto analytical firm has observed a rising trend in cryptocurrency enthusiasts in countries such as Pakistan, Thailand, Vietnam, Indonesia, and the Philippines.