NFTs ‘biggest on-ramp’ to crypto in Central, Southern Asia and Oceania — report

NFTs ‘biggest on-ramp’ to crypto in Central, Southern Asia and Oceania — report

NFT-related websites accounted for the largest share of crypto-related web traffic in most CSAO countries over the last 12 months, according to Chainalysis. Nonfungible tokens (NFTs) may be the biggest driver of crypto adoption in Central, Southern Asia, and Oceania (CSAO), a new report has found. According to a Sept. 21 Chainalysis post titled “Crypto Adoption Steadies in South Asia, Soars in the Southeast,” NFT-related actions accounted for 58% of all web traffic going to cryptocurrency services from this region in the second quarter of 2022. Meanwhile another 21% of traffic in the....


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