Written by: Chainalysis

Compiled by: Chopper, Foresight News

Cryptocurrency is a globalizing wave that holds completely different positions in the eyes of different people. For Western capital allocators, it is a technological upgrade where tokenized assets could reshape asset trading models; for low-income workers in the Global South, it is a lifeline, with stablecoins helping them rapidly transfer funds and hedge against political and economic turmoil; for ordinary people around the world, it serves as an alternative investment.

This year’s regional report focuses on an extreme market cycle in crypto history. The reporting period spans from July…