Crypto

Canada crypto remittances to Asian countries surge 141% to $2.36B: Chainalysis

Summary

Crypto remittances from Canada to three Asian destinations climbed significantly, reaching a total of $2.36 billion. Chainalysis data shows that transfers directed exclusively to the Philippines also experienced substantial growth during this period.

Remittance-sized crypto transfers from Canada to three Asian countries reached $2.36 billion, while transfers to the Philippines alone rose 28% to $61 million.

Source: Read the full story at Cointelegraph.com News

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