According to a new report from Huobi, 42 sovereign nations have collectively issued 105 regulations and guidelines for the crypto industry in 2022.
As for the other search terms,"BTC","DeFi" and"Cryptocurrency" were most frequently searched in emerging markets including in South America, South Africa and the Middle East.Another key finding related to CEX activity, which reportedly has been on a steady decline over the last year.However there were certain countries which had significant shares of traffic to CEXs.
The U.S. also came in top for crypto market development maturity. This was based on four key indicators which included percentage of crypto users, share of CEX volume, share of DeFi volume and internet population index.Lastly, the U.S. has the largest total crypto population with over 46 million users and is first for its share of DeFi traffic . Of U.S. crypto users over half are between the ages of 18-34.
According to the report, four of the top five spots were occupied by Asian countries. In the top place for NFT interest based on searches was Mainland China followed by Hong Kong, Singapore, Nigeria and Taiwan respectively.
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