Last year there was a
47% increase in total crypto transaction volume in Germany compared to 2021, and this
was the largest increase from any country in Europe, by far. (Chainalysis)
Since Germany is already one of
the top 3 largest economies in Europe this is an incredible achievement for the crypto industry to have such amazing growth in a market this large.
Transactions increased as Germans shifted some of their assets to crypto when Eurozone inflation reached over 9%
(a historic high).
Berlin has also recently been ranked as the
12th best city in the world for crypto business and innovation, by Recap Data.
