110 million new users defy regulatory fears. This translates to an addition of 112.5 million users compared to the 305 million recorded in 2022. It is interesting to note that while Asia, North America, South America, and the Oceania region’s crypto users have increased exponentially during the first 5 months of the year, Africa’s users have dropped by 28%, from 53 million to 38 million users. North America follows with 54 million users, witnessing an increase of 3 million compared to the 2022 count of 51 million. South America accounts for 33 million users from 2022’s figure of 27 million.

Source: The North Africa Journal June 12, 2023 16:06 UTC