News Snapshot:
Half of Bitcoin investors in SE Asia use it to preserve wealth: report According to a report by AAX crypto exchange and Forrester Consulting, 51% of Bitcoin owners in Southeast Asia used it to save money and preserve their wealth. See related article: Crypto trading volumes dip to 18-month low amid bear market Fast facts - Some 47% of Bitcoin users in Southeast Asia sought a profit while 44% used it as a hedge to offset losses or gains in other investments. - About 63% also claimed that Bitcoin has utility beyond investment returns — other major rationales for using...
