UK is now the largest crypto economy in Europe

By Darren Parkin The United Kingdom received a whopping $233 billion in raw transaction value of cryptocurrency from July 2021 to June 2022, according to an official report released this morning. It was the highest crypto transaction value of any European nation. The country has also leapt up the crypto adoption index, moving from 21st last year to 17th place in today’s Chainalysis report. The highly-anticipated annual document ranks the UK as having the sixth-largest crypto transaction value in the world. Chainalysis reveals much of the activity was DeFi related, with nearly 20 per cent of th…


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