• According to Chainalysis, India has become the world’s second-largest cryptocurrency market.
• India received approximately $268.9 billion in crypto assets between July 2022 and June 2023.
• DeFi accounted for 55.8% of CSAO’s regional transaction volume.

According to a report by Chainalysis, a blockchain analysis firm headquartered in New York, India has become the world’s second-largest cryptocurrency market. Chainalysis based its report on raw transaction volume and shows that Central and Southern Asia and Oceania (CSAO) hosts arguably the world’s most fascinating and dynamic cryptocurrency market.

Chainalysis’ report shows that, by regional analysis, CSAO is the third-largest cryptocurrency market, accounting for nearly 20% of global crypto activity. In exact figures, CSAO claimed 19.3% of the g…

The post India Is The World’s Second-Largest Cryptocurrency Market: Report appeared first on Coin Edition.

• According to Chainalysis, India has become the world’s second-largest cryptocurrency market.
• India received approximately $268.9 billion in crypto assets between July 2022 and June 2023.
• DeFi accounted for 55.8% of CSAO’s regional transaction volume.

According to a report by Chainalysis, a blockchain analysis firm headquartered in New York, India has become the world’s second-largest cryptocurrency market. Chainalysis based its report on raw transaction volume and shows that Central and Southern Asia and Oceania (CSAO) hosts arguably the world’s most fascinating and dynamic cryptocurrency market.

Chainalysis’ report shows that, by regional analysis, CSAO is the third-largest cryptocurrency market, accounting for nearly 20% of global crypto activity. In exact figures, CSAO claimed 19.3% of the g…

The post India Is The World’s Second-Largest Cryptocurrency Market: Report appeared first on Coin Edition.