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Interest in cryptocurrencies in Ukraine reaches a local maximum. Zaporizhzhya region is leading – data from Google Trends

According to Google Trends analytics, this month the number of search queries in Ukraine related to cryptocurrency may reach a new annual maximum.

As Incrypted correspondents found out, in the regional standings, Zaporizhzhya region unexpectedly leads, with Kherson region coming in second.</nbsp;

The complete top 5, in turn, looks like this:

  1. Zaporizhzhya region – 100.
  2. Kherson region – 87.
  3. Kiev – 67.
  4. Odessa region – 63.
  5. Kharkiv region – 63.

According to statistics, interest to this region was quite sluggish since the year start. Then, from the end of January to the beginning of February, there is a jump. It was during this period that the trend reached its maximum of 87 absolute units.

In late May-early June, the indicator passed the mark of 75 units.. Apparently, interest in the topic of cryptocurrencies is growing again. And this could be dictated by several factors.

“We are cautiously optimistic about this data showing a growing interest in cryptocurrencies in the country. I would like to believe that the popularity of the request is not dictated by the current problems of this or that region. We believe that such dynamics can contribute to the development of cryptocurrency infrastructure and innovative projects in Ukraine in the medium term.. – Ivan Pavlovsky, CEO of Incrypted, noted.

Politics and Economics

For many Ukrainians, cryptoassets have become a kind of way to preserve their assets.. Bitcoin is often referred to as “digital gold,” and it is indeed true, albeit only in part.

In addition, cryptocurrency fundraising could be the basis for the country’s postwar recovery. Crypto-donates have been a huge help to both the AFU and ordinary Ukrainians. It is quite natural that the public interest in digital assets as a class of alternative finances has increased. Ukraine is drawing on the example of the EU in the regulatory field. Last month, the bloc passed an important bill – MiCA. 

It is designed to eliminate regulatory ambiguity in the legal field, defining the meaning and place of crypto-assets. And the Ministry of Securities has already said it is considering this bill as the basis for a similar bill in Ukraine.

All this has shown Ukrainians that cryptocurrency is not a toy or a seasonal futurologist fad. We are talking about a completely new market. And no one wants to miss the opportunity to become a part of it.

Now we offer you an infographic on how the interest of Ukrainians in digital assets has changed over the past months.

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