Despite the gloomy macro forecasts, some of crypto’s leading pundits view the recent macroeconomic-catalyzed crypto market crash as an overall positive sign for the industry.
A recent survey has revealed that out of those surveyed, a whopping 75% of investors in Asia-Pacific and Latin American emerging markets are looking to increase their exposure to cryptocurrency investments.
The firm's global investment strategy team said it wasn't too early to invest in crypto, but clearing regulatory roadblocks would likely create "higher quality investment options" in the future.
Digital analytics firm Chainalysis reported that the cryptocurrency market in Africa has grown significantly since last year in addition to the region having a larger share of overall retail transaction volume compared to the global average.
