Crypto Grows in North Macedonia, Yet Rules Still to Be Written

Binance, one of the world’s largest crypto exchanges, says it registered a 40 per cent increase in users in 2024.

It counts some 200,000 citizens of North Macedonia among its account holders, or roughly 11 per cent of the population.

It is hard to say whether all of these are ‘authentic’ crypto users.

The respondents to BIRN’s survey have, on average, been involved in crypto for about three and a half years; Binance is their most popular exchange, and, besides bitcoin, they also trade in Ethereum, Solana, Tether, and Ripple.

Most said they have made a profit, but a few admitted they were in the red.

According to a 2022 study co-authored by Nikola Levkov, a professor at the Faculty of Economics at Cyril and Methodius University…

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