News Snapshot:
China has banned cryptocurrency activities in the country, but Asia’s powerhouse negative outlook hasn’t slowed down the rate of crypto adoption in the continent. Asia’s Cryptocurrency Transaction Surge By 706% A new report by blockchain analytics firm Chainalysis has revealed that cryptocurrency transaction in Asia has grown by 706% over the past year. The report highlights the growing demand for cryptocurrencies in Asia despite China’s latest ban on cryptocurrencies. Per the report , Central & Southern Asia and Oceania (CSAO) is currently the fourth largest cryptocurrency market. Chainalysis said the cryptocurrency market in the region is now worth over $572...
