2019 Bitcoin Transaction Volume Moved Away From US in First Since 2013
Cointelegraph By Benjamin Pirus's original article for cointelegraph.com reduced by 75%
For the first time since 2013, the U.S. is no longer the top recipient of Bitcoin as valued in USD, as Singapore took the lead over the course of 2019.As of Dec. 5, 2019, global users sent BTC valued at $8.58 billion to Singapore in 2019, according to analytics site Crystal Blockchain.
The U.S. came in third overall on the list of Bitcoin transaction volume - a tumble for the country considering it previously held the top spot for five consecutive years. Crypto derivatives giant BitMEX operates its headquarters out of the Seychelles, the site of the most Bitcoin value outflow in 2019.
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