"The global adoption index is something that we put out once a year and it comes strictly within the research domain and it's our attempt to really elucidate just how much activity is happening around the world. Crypto is a global asset with activity in over 150 countries around the world, but people feel like it's a black box because they don't really understand who are these crypto users. Where are they? But in reality, we don't have answers to those questions because we don't have survey data around them. The government does not collect that data. So it feels like a black box, but it's kind of a created black box in its own right. And we're trying to show that that's not the case, that there's a lot of transparency here, and we can see where adoption is happening, and we can see which countries are the leaders in crypto adoption." - Kimberly Grauer

Fresh out of the studio, Kimberly Grauer, the director of research from Chainalysis provided an in-depth analysis of the Global Crypto Adoption Index 2023, highlighting Asia's burgeoning crypto and web3 activities. We discussed how Asia is currently leading the crypto activity from the Philippines to Pakistan, and highlighted what users are doing with their cryptocurrencies in their respective markets. We discuss the surprise in India's crypto and web3 activities despite strong anti-crypto regulation and how Asia's favourable regulation is bringing innovation from the US to the rest of the world. Last but not least, Kim described great would look like for the Global Crypto Adoption Index report in the next few years.