The Asia-Pacific (APAC) region has emerged as the fastest-growing area for cryptocurrency activity, with on-chain transactions surging 69% year-over-year to reach $2.36 trillion, according to the latest Chainalysis Global Crypto Adoption Index report. Key contributors to this growth include countries like India, Pakistan, Vietnam, Indonesia, and the Philippines, while established markets such as Singapore continue to show robust adoption. Chengyi Ong, Head of Public Policy for APAC at Chainalysis, emphasized the role of targeted regulatory frameworks in regions like Hong Kong and Singapore in promoting sustainable growth and supporting local stablecoin ecosystems. The report also highlighted that illicit entities currently hold nearly $15 billion, with stolen funds being the largest category of these holdings.