Where are the most actively traded cryptocurrency? The answer is in numbers
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At the end of 2017, when Bitcoin rose above $ 20 thousand, Morgan Stanley analysts about the prospects of the fall of the first cryptocurrency to zero. Fortunately, the forecast was not justified — the majority of participants of the market consider that the coin has already passed the bottom and now will only grow. Now Morgan Stanley study on the distribution of trade volumes of digital assets in the world.
theWhere to trade bitcoin? Version Morgan Stanley
First place in the ranking took Malta — the country accounts for most of the world's volume of trade cryptocurrency. In the top-5 also includes Belize, Seychelles, USA and South Korea.
While most exchanges in the world was in the UK, USA, Singapore and Turkey. Malta and Belize are on the 22 and 23rd place respectively. The reason for the contradiction in the fact that Malta has recently moved to one of the largest exchanges in the world, Binance. And OKEx, the second in trading volume in the world, now located in Belize.
Binance moves its headquarters to Malta. If not take it into account when counting, the country will descend on one of the last place in terms of trading cryptocurrency.
the study notes that the UK was the world's largest number of exchanges, account for only 1 percent of the global volume of trading.
Morgan Stanley Analysts came to the conclusion that the degree of regulation in the country has a direct impact on the design of the site on registrazii in this jurisdiction. The laws regarding cryptocurrency does not have to be soft. Rules should be clearly stated that the exchange could make plans for the future and to plan their activities.
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