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Russia Overtakes UK as Europe’s Leader in Crypto Adoption

Russia Overtakes UK as Europe’s Leader in Crypto Adoption

Author:

Global Cryptocurrency

Published:

2025-10-19 12:11:02

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BTCCSquare news:

Russia has surged ahead of the United Kingdom to claim the top spot in European cryptocurrency adoption, according to a new Chainalysis report. Between July 2024 and June 2025, Russia recorded $376.3 billion in crypto inflows—outpacing Britain’s $273.2 billion. The shift underscores a broader regional realignment as institutional activity and DeFi expansion fuel Russia’s rapid growth.

Large-scale transactions exceeding $10 million jumped 86% year-over-year in Russia, nearly doubling the previous period’s pace. Meanwhile, the UK and Germany now trail behind, despite steady adoption across Europe. Market analysts attribute Russia’s rise to deepening institutional participation and thriving decentralized finance ecosystems.

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