The latest Chainalysis Global Cryptocurrency Adoption Index shows how countries with LMI make a difference in 2023.
According to the latest “Global Cryptocurrency Adoption Index 2023” from Chainalysis, India, Nigeria and Thailand are leading the adoption of cryptocurrencies this year. However, the most interesting thing about the report is that it is the lower middle income (LMI) countries that are making the difference.
Chainalysis designed the Global Crypto Adoption Index to identify countries where the most people are putting the greatest share of their wealth into cryptocurrency. More than one hundred and fifty countries were analyzed. The rankings were weighted by characteristics like population size and purchasing power.
Chainalysis, a blockchain analysis company, shared a summary of its report and revealed that the regions of Central and South Asia, as well as Oceania, lead this index. Six of the top 10 countries are located in this part of the world. Despite the decline in global cryptocurrency adoption following the FTX crash in 2022, lower-middle-income countries, as classified by the World Bank, have shown the greatest recovery over the past 12 months.
CEO of Binance.US Resigned from His Position at the Cryptocurrency Exchange
Brian Shroder, who was the CEO of Binance.US, has decided to resign from his position as leader of this popular cryptocurrency exchange platform. It was learned that Norman Reed, the legal director of Binance.US, will assume this role temporarily.
This decision by Shroder comes at a crossroads for the company, as lay-offs have been made affecting a third of the company’s employees. This drastic staff cut has raised concerns in the crypto community and is believed to be related to increasing regulatory scrutiny by the United States Securities and Exchange Commission (SEC).
Coca-Cola Joins AI and Presents a New Flavor of the Future
Coca-Cola announced that it has teamed up with artificial intelligence to create something new: “Coca-Cola 3000.” It’s a new Coca-Cola Zero Sugar flavor, but with a futuristic twist. It is reaching Spain and other places in the world.
The coolest thing about this is that Coca-Cola used AI to understand how people around the world imagine the future. Considering emotions, dreams, colors and flavors. Later, they mixed those ideas with AI to bring to life a unique flavor called “3,000.”
This flavor of the future will be available in different countries, including Europe, the United States, Canada, China and Africa. It is part of Coca-Cola’s innovation platform, Coca-Cola Creations, and is the first flavor to be created in collaboration with AI.
Hashdex Seeks Approval for an Ethereum ETF
Asset management firm Hashdex has filed to gain approval for an Ethereum ETF. This is in addition to ArkInvest and VanEck’s previous applications to the US Securities and Exchange Commission (SEC). Which translates into growing interest in cryptocurrency ETFs.
This decision is part of a broader strategy by Hashdex, which is seeking approval for both the ETF and a DeFi product related to spot Bitcoin. The details became known through a recent article by the CEO of Hashdex in which he analyzed the importance of these products for the cryptocurrency market.
By Leonardo Pérez