Report

Report

APAC Crypto Adoption Accelerates with Distinct National Pathways

Discover how different APAC nations are driving cryptocurrency adoption through unique regulatory, cultural, and economic approaches in 2025.

Report

From ETFs to Treasuries: How The U.S. Is Shaping Digital Finance

The United States is #2 on our 2025 annual adoption index. Institutions, ETFs, and tokenized treasuries drove crypto adoption in North America.

Report

Sub-Saharan Africa Emerges as Third-Fastest Growing Crypto Region with Strong Retail Activity

Analysis of Sub-Saharan Africa's crypto market reveals 52% growth to $205B, driven by retail transactions. It is the 3rd fastest-growing region.

Report

The 2025 Global Adoption Index: India and the United States Lead Cryptocurrency Adoption

We explain our methodology for analyzing global crypto adoption trends in 2025. India and the United States lead crypto adoption worldwide.

Report

The Road to Crypto Regulation Part 1:暗号資産のメインストリーム化への歩み

Road to Crypto Regulationsシリーズの第1部として、この記事ではオンチェーン活動の73%を占める25の主要な国・地域における規制状況について論じます。

Report

The Road to Crypto Regulation Part 2:暗号資産規制の最新動向とステーブルコイン政策

この記事では、The Road to Crypto Regulation Part 2: 金融サービスと暗号資産の交差点に位置するステーブルコインのプレビューとして、ステーブルコイン規制が世界的にどのように進化しているか、今後の課題と展望について解説します。

Report

The Road to Crypto Regulation Part 1: Crypto’s Journey from Margins to Mainstream

In Part 1 of our Road to Crypto Regulation series, we examine the current status of regulation across 25 jurisdictions that account for 73% of on-chain activity.

Report

Darknet market and fraud shop BTC revenues decline amid years-long international law enforcement disruption

Darknet market bitcoin revenues drop amid law enforcement crackdowns, but threats are evolving. Chinese-manufactured synthetic opioids and untraceable "ghost guns" present growing challenges to public safety.

Report

Organized Crime Shows High Level of Professionalization, Low Level of Crypto Sophistication

Traditional organized crime groups — including cartels, wildlife traffickers, IPTV pirates, and even violent criminals — are increasingly adopting crypto, using a structured division of labor, intelligence gathering, and laundering operations.

Report

Iranians Flock to Crypto Amidst Geopolitical Tension; International Sanctions Actions Disrupt Russia’s War Machine

$15.8B in crypto was received by sanctioned entities as the U.S. and allies intensified efforts to disrupt state-backed financing.

scams chapter banner
Report

Crypto Scam Revenue 2024: Pig Butchering Grows Nearly 40% YoY as Fraud Industry Leverages AI and Increases in Sophistication

In 2024, high-yield investment and crypto pig butchering scams saw the highest scam revenues while the ecosystem became more professionalized.

Report

35% Year-over-Year Decrease in Ransomware Payments, Less than Half of Recorded Incidents Resulted in Victim Payments

Crypto ransomware experienced significant changes in 2024 with total ransom payments decreasing 35.82% YoY. Learn more in the 2025 Crypto Crime Report.

Report

Market Manipulation: Suspected Wash Trading on Select Blockchains May Account for Up To $2.57 Billion in Trading Volume

In the market manipulation chapter of the 2025 Crypto Crime Report, we explore significant volumes of suspected wash trading and pump-and-dump schemes.

Report

Cryptocurrency donations to extremist groups dip globally, but white supremacism, nationalism, and anti-Semitism grow across Europe

Facing debanking efforts, extremist groups are using cryptocurrency to finance operations, potentially incubating political violence. An excerpt from our 2025 Crypto Crime Report.

Report

$2.2 Billion Stolen from Crypto Platforms in 2024, but Hacked Volumes Stagnate Toward Year-End as DPRK Slows Activity Post-July

Nearly $2.2 billion worth of crypto funds were stolen from hacks in 2024. In the biggest hack, more than $300 million was stolen from one group.