We took a look at the US, Europe, and Singapore, to see blockchain and crypto adoption in developed nations.
United States
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NA and Europe
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DeFi in [Europe vs North America]Singapore
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Crypto in SingaporeOverall Trends in Developed Countries ‼️‼️‼️‼️‼️‼️‼️
Crypto is used to diversify portfolios, grow assets, and has high upside potential
Large portion of transactions are from institutions and whales
Socioeconomic equilibrium- gives all of society the chance to invest and grow money
Regulations tighten as cryptocurrency threaten preexisting financial institutions.
The larger an entity is the more likely crypto adoption is; conglomerate vs. retail user
Issues: Policy implementation, Black market provocateur, Fraud