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The recent report from Chainalysis offers an insightful look into the crypto market in North America, examining its global dominance, the impact of institutional investments, etc. The Chainalysis report posted on Oct. 23 shows the dominant position of the United States in the global crypto currency market. The country accounted for over $1 trillion in transaction volume from July 2022 to June 2023, and when combined with Canada, nearly a quarter of the global transaction volume. This impressive figure is primarily attributed to significant engagement from large institutional investors, with transactions of $1 million or more comprising 76.9% of the region’s transaction volume. Crypto transactions across the world | Source: Chainalysis However, the crypto landscape has experienced fluctuations, notably after the FTX exchange incident and the commencement of Sam Bankman-Fried’s criminal trial, which led to a contraction in activity. This situation was further exacerbated by t...

WonderFi has announced a strategic partnership between its subsidiary, Bitbuy Technologies Inc., and Localcoin, the largest Bitcoin ATM provider in Canada. Under this partnership , Bitbuy’s digital asset services will now cover up to half of the Bitcoin ATMs in the country. The No. 2 sector power According to WonderFi, Canada continues to hold prominence in the crypto ATM arena, boasting a total of 2,747 ATMs, second only to the U.S. Through its subsidiaries, WonderFi Technologies currently provides 1.6 million Canadians with access to regulated crypto trading and staking through subsidiaries including Bitbuy, Coinsquare and CoinSmart. The exchange became the second to relist XRP after Binance. With the completion of the Localcoin partnership , Bitbuy’s digital asset services are poised to extend their coverage to some of the firm’s ATMs. You might also like: Bitbuy relists XRP amid improvements in Ripple vs. SEC case Localcoin is a prominent pla...