Crypto is Booming in China as Asia Leads with 60% of Global Users
Asia dominates the global cryptocurrency market, accounting for 60% of worldwide crypto users and contributing the largest share of global liquidity. New research from Foresight Ventures and Primitive reports these findings.
Five Asian nations, including India, Indonesia, and Vietnam, rank among the top 10 in the 2024 Global Crypto Adoption Index.
Asia Leads in Global Crypto Adoption
The report highlights Asia’s escalating crypto adoption, largely fueled by centralized exchanges (CEXs) and price-sensitive communities. Asian users generate 37.1% of global traffic to CEXs, securing the top position in this category.
Meanwhile, North America leads in decentralized exchange (DEX) usage. Oceania contributes less…
