Russia and Ukraine have taken the first and second places in Eastern Europe in terms of crypto transaction volume, according to a report by Chainalysis.
The main drivers of growth in Ukraine are large transfers, which have increased significantly amid the war and the search for financial stability.
At the same time, activity in Russia is associated with the use of exchanges that do not require KYC, which allows you to bypass sanctions and control financial flows.
Today, Eastern Europe occupies 11% of the global crypto market, remaining the fourth largest crypto region in the world.
