Definition ∞ Cryptocurrency adoption refers to the increasing acceptance and use of digital currencies by individuals, businesses, and institutions for various purposes. This includes utilizing crypto for payments, investments, or as a store of value. Broader adoption signifies growing mainstream recognition.
Context ∞ News outlets regularly cover the progression of cryptocurrency adoption, noting its expansion into new markets and industries. Key drivers include technological advancements, regulatory clarity, and rising awareness of digital asset utility. Metrics such as transaction volume, active users, and institutional investment often indicate the pace of this expansion.
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Cryptocurrency Foundation
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