Asia crushes cryptocurrency trading volumes even though the UK has the most exchanges
It appears that Asian countries are absolutely dominating the charts for cryptocurrency trading volumes – despite the recent string of regulatory clampdowns. Research from banking giant Morgan Stanley indicates that exchanges originating from countries like China, South Korea, and Hong Kong account for the trading volume globally. The research also showed that while the UK has the highest number of cryptocurrency exchanges registered with it, it only accounts for one percent of the total trading volume. The nearest competitors Hong Kong, the US, and Singapore are far behind the UK in terms of the number of cryptocurrency exchanges they host.… This story continues at The Next Web
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