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India stands fourth in Global Crypto Adoption Index 2022

India stands fourth in Global Crypto Adoption Index 2022 – As per the Chainalysis 2022 Global Crypto Adoption report, Vietnam is ranked first in cryptocurrency adoption with an overall index ranking of 1.000 for the second consecutive year and India has been ranked 4th with an index score of 0.663. China has been in the top ten of the Chainalysis index this year after placing 13th in 2021.

  • Out of the top 20 ranked countries, 10 are lower-middle income: Vietnam, Philippines, Ukraine, India, Pakistan, Nigeria, Morocco, Nepal, Kenya, and Indonesia. Eight are upper-middle income: Brazil, Thailand, Russia, China, Turkey, Argentina, Colombia, and Ecuador.”

2022 Global Crypto Adoption Index Top 20

CountryOverall index rankingOverall index score
Vietnam11.000
Philippines20.753
Ukraine30.694
India40.663
United States50.653
Pakistan60.609
Brazil70.562
Thailand80.560
Russia90.541
China100.535
Nigeria110.521
Turkey120.519
Argentina130.510
Morocco140.507
Colombia150.496
Nepal160.478
United Kingdom170.473
Ecuador180.409
Kenya190.397
Indonesia200.396
Source: blog.chainalysis.com

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