CURRENT AFFAIRS

2022

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

As per the recent study, which region is the world’s fastest-growing cryptocurrency markets?

A	South and East Asia
B	South America
C	Middle East and North Africa
D	Oceania

Explanation:

Detailed explanation-1: -The Middle East and North Africa (MENA) region is the fastest growing cryptocurrencies market in the world.

Detailed explanation-2: -Solana is the fastest blockchain in the world and the fastest-growing ecosystem in crypto, with thousands of projects spanning Defi, NFTs, Web3, and more. Solana ensures composability between ecosystem projects by maintaining a single global state as the network scales.

Detailed explanation-3: -According to a survey by blockchain analytics platform Chainalysis, MENA countries have the fastest-growing cryptocurrency industry in the world, accounting for 9.2% of global digital currency transactions from July 2021 to June 2022.

Detailed explanation-4: -According to the Statista Global Consumer Survey, India, Brazil, the U.S. and Germany are countries where the number of crypto users and owners increased significantly between 2018/19 and 2021/22.

There is 1 question to complete.