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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.

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.”

Blockchain

Ebang International Reports Financial Results for Fiscal Year 2023

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Blockchain

FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers

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A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.

The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.

Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.

The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.

As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.

Source: cointelegraph.com

The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.

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Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets

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Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.

The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.

Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.

As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.

Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.

Source: blockchain.news

The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.

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