A recent report indicates that the Asia-Pacific region is currently experiencing a significant increase in cryptocurrency transactions globally. Data shows a rapid rise in on-chain activity, driven by a wide range of applications including remittances, digital savings, and speculative investment. The region’s diverse use cases are fueling the growth, despite varying regulatory frameworks and inconsistent adoption pathways. Analysts suggest this momentum may be temporary, with the continued uncertainty surrounding regulatory policies potentially hindering the long-term viability of the crypto market.
Credits: News – South China Morning Post
