Annual crypto adoption development in France 2020-2023, by metric
France's position in the world when it comes to crypto adoption based on transaction volume grew by nine places between 2022 and 2023. This is according to estimates based on web traffic toward individual websites that are used to perform cryptocurrency transactions. The source started combining its separate surveys on centralized and decentralized behavior in 2022. As France seemed to prefer Decentralized Finance (DeFi) applications over centralized exchanges, this likely explains why the country's position in this world ranking increased.