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Europe’s most crypto-obsessed countries

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Slovenia is Europe’s most ‘crypto-obsessed’ country, new research has revealed.

The study by cryptocurrency experts CryptoGambling.tv analysed search volumes for popular cryptocurrency terms in each European country and measured this against the population to see which countries had the most crypto searches per 100,000 people.

It found that Slovenia is currently Europe’s most crypto-obsessed country. Based on searches from the past 12 months, there have been roughly 100,000 crypto-related searches each month. When this number is accounted for the population, there are an average of 4,789 crypto-related searches per 100,000 people, the highest of any European country.

Luxembourg comes in second place on the list. The Western Europe country sees around 17,000 crypto-related searches each month on average, which is a lot for a population of 645,397, meaning there are approximately 2,634 cryptocurrency searches per 100,000 people.

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Coming in third place is the Netherlands, which sees around 2,608 cryptocurrency searches for every 100,000 people. This is due to an average of 452,000 monthly crypto searches for a population of 17,332,850. The Netherlands is one of the least crypto-friendly countries despite this interest, as it’s one of the few countries in the world to tax unrealized gains.

Finland takes fourth on the list, with around 135,000 crypto-related searches every month over the past year. When this is accounted for a population of 5,520,314, there are 2,446 crypto searches per 100,000 people.

Rounding out the top five is Turkey, which is the biggest country to feature in the top ten, with a population of 83,429,615. Due to this, there are a whopping 1,900,000 crypto-related searches each month, equal to around 2,277 crypto searches per 100,000 people.

# Country Population Average crypto searches per month Crypto searches per 100,000 people
1 Slovenia 2,087,946 100,000 4,789
2 Luxembourg 645,397 17,000 2,634
3 Netherlands 17,332,850 452,000 2,608
4 Finland 5,520,314 135,000 2,446
5 Turkey 83,429,615 1,900,000 2,277
6 Spain 47,076,781 907,000 1,927
7 Czech Republic 10,669,709 201,000 1,884
8 Estonia 1,331,824 25,000 1,877
9 Croatia 4,067,500 74,000 1,819
10 Cyprus 1,198,575 21,000 1,752

 

Commenting on the findings, a spokesperson from CryptoGambling.tv said, “While it may be surprising to see countries who have been coming down on cryptocurrency in the top ten, said legislation has likely caught coverage and sparked an interest in what crypto is as a whole. Cryptocurrency remains a new thing for many people, yet many have yet to learn about it. Therefore, any publicity, whether it be by legislation or general news, is bound to garner interest as seen by Google searches in this study.”

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LCT Secures VARA In-Principle Approval, Defining Its Role in Dubai’s Crypto Landscape

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Bybit One-Click Buy Offers a Winning Chance in First-Time Deposits Lucky Draws

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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)

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Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:

BlackRock ETF Embraces Blockchain with First Muni Bond Purchase

BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.

By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.

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Source: Yahoo Finance

Plume Secures Funding for Tokenization Platform

Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.

Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.

Source: Fortune

SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips

SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.

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As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.

Source: The Quantum Insider

Deutsche Bank’s Public, Permissioned Blockchain Initiative

Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.

The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.

Source: CoinDesk

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KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands

Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.

By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.

Source: PR Newswire

Industry Implications and Key Takeaways

Today’s developments highlight the transformative potential of blockchain across multiple domains:

  1. Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
  2. Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
  3. Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
  4. Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
  5. Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.

The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.

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