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Crypto transactions surge 706% in Asia as institutional adoption grows — Chainalysis By Cointelegraph


The dramatic rise in cryptocurrency transactions across Central Asia and Southern Asia has been a sign of a variety of reasons locals are interested in digital assets like ().BTCEther (ETH

New research from blockchain analytics firm Chainalysis finds that crypto transactions surged 706% in Central and Southern Asia and Oceania — a broad region that includes countries such as India, Pakistan and Vietnam — between July 2020 and June 2021. The transaction’s value was $572.5 billion or 14% of global transactions value in dollars.