India has remained Central and Southeast Asia and Oceania’s largest market for centralized crypto exchange inflows, receiving $88.4 billion through CEXs even as its overall crypto economy contracted 14.7% during the latest reporting period.
Summary
- India led CSAO in centralized crypto exchange inflows with $88.4 billion, ahead of Singapore at $82.3 billion and Australia at $79.3 billion.
- India’s overall crypto economy contracted 14.7% to $135 billion, but centralized exchange activity remained strong during the reporting period.
- Domestic exchanges captured just 0.7% of Indian exchange volume, compared with an average of around 7% across the rest of CSAO.
- Chainalysis said…
