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East Asia Slips to Fourth Place in Global Crypto Transaction Volumes Amid China Crackdown

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East Asia Slips to Fourth Place in Global Crypto Transaction Volumes Amid China Crackdown Technology By Alex Smith On Oct 16, 2021 0 Share (adsbygoogle = window.adsbygoogle || []).push({}); China’s consistent crackdown on cryptocurrency transactions over the past several months saw East Asia, as a region, slide massively from first place to fourth in terms of global cryptocurrency transaction volumes, as of June 2021. In terms of trade volume as per a report, the region saw total transactions to the tune of $590.9 billion (roughly Rs. 44,89,370 crores) between July 2020 and June 2021, which represents 14 percent of the…

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