Asia is the largest sector of the crypto market because there are many developed countries in Asia.
For the matter of why Crypto is just an idea and only a means of investment because there are still many countries that prohibit Crypto, Not much just a fraction.
Such as Asian markets that prohibit outside Asian investors to trade on its platform. I am convinced that in the future crypto will be used slowly starting from its blockchain technology.
Topic: Asia can be the biggest crypto market - page 9. (Read 2256 times)
China is the only one that are friendly to crypto on your list, india and indonesia are not so friendly, you should include malta, korea and singapore, for me i will go with china and korea they have the best interest on the tech so far, hopefully in the future the whole of asia continent will be using crypto which will drive the market up big time
You are completely wrong regarding China and Indonesia, Indonesia is friendly compared to China because of its regulation.
China and India banned cryptocurrency in their country while in Indonesia they are still able to trade it or exchange it, the government only restricts us from using it in our real life.
and yes South Korea, Singapore, and Japan are the most friendly countries in Asia.
maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
Obviously Asian nations have been a huge market for any business let it be traditional business or new technology based due to it's immense population which makes it's one of the largest consumer base. They just needs to get the right exposure about crypto currency and it's benefits, having said that there might be more hurdles from the government which might be a little tough task as Bangladesh government has banned it and Indian bankers are threatening traders and advertising people not to involve in crypto but things will change if they see the brighter side of it.
maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
China is the only one that are friendly to crypto on your list, india and indonesia are not so friendly, you should include malta, korea and singapore, for me i will go with china and korea they have the best interest on the tech so far, hopefully in the future the whole of asia continent will be using crypto which will drive the market up big timemany think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
This is a 2017 article but I think it can still be used as a basis Cryptocurrencies by country Based on that article, we can see that countries in Asia are not unanimous in terms of the legality of the use cryptocurrencies.
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The most notable disrupter is Japan, which has passed a law accepting Bitcoin as legal tender. At the other end of the spectrum, Bangladesh passed a law in 2014 stating that anybody caught using the virtual currency could be jailed under the country’s strict anti-money-laundering laws.
View full image here
maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
China is the only one that are friendly to crypto on your list, india and indonesia are not so friendly, you should include malta, korea and singapore, for me i will go with china and korea they have the best interest on the tech so far, hopefully in the future the whole of asia continent will be using crypto which will drive the market up big time many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
then what do you think?
The majority of bitcoin miners is on China and the major exchanges in crypto is from Asia too like Binance, Kucoin, Okex, Houbi and many more. What do you think about it? Is that still not a sign that Asia already take over the lead in terms of cryptocurrency market? America is suppressing by the regulators which result to many exchange was leaving there country.
Yes, as we know, the world population is the most abundant in Asia, around 4.6 billion. Certainly if everyone knows about crypto and tries to use it, a new market will be created that is bigger than it is now. Everything can happen and does not rule out the possibility that the next 3-5 years the market in Asia will boom.
It could be since there are a lot of Asians who are crypto enthusiasts and most countries in Asia are positive when it comes to cryptocurrency. Just imagine Japan being late in adapting crypto and yet they progress really fast and were able to fully utilize cryptocurrency in their country. Not to mention other Asian countries who are huge crypto supporters.
That's right, Asia has a large amount of crypto community. The next thing is Asia has many more crypto-friendly counties and they accept cryptocurrencies and payments. Another thing is most ICO projects are registered in Asian countries. Singapore, Japan and South Korea are a few crypto-friendly countries in Asia. I believe Asia can build a large crypto community in the world.
Agreed, almost top crypto exchangers are situated in Asia but EU has started to become a place for crypto-start ups.
That's right, Asia has a large amount of crypto community. The next thing is Asia has many more crypto-friendly counties and they accept cryptocurrencies and payments. Another thing is most ICO projects are registered in Asian countries. Singapore, Japan and South Korea are a few crypto-friendly countries in Asia. I believe Asia can build a large crypto community in the world.
maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
That's true. The bulk of the world's population is focused in Asia. And when the adoption comes, the people here in this continent will be the ones who will cause Bitcoin's actual use rise massively. But the present condition in the continent is not that friendly toward Bitcoin. China is not saying businesses and people can now use Bitcoin as money. India is unfriendly. Indonesia is not so clear as well.
maybe more crypto investors from continental Europe and America. but actually Asia is the biggest market for crypto because it has the most populous countries like China, India and Indonesia. and more importantly, Asia also has fairly stable internet access at the moment, unlike Africa which is still having trouble getting to the internet. many business models that can be applied there, especially in the financial sector such as payment instruments. but why the reality isn't what I imagined. at present crypto is only a notion and there is no real use that can really be applied to crypto except investment.
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
many think it's all because of the Regulation, but I don't think so. Regulations can be changed and there are currently no regulations that actually prohibit crypto. so this is not the main reason.
then what do you think?
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