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Topic: Asia Drives Crypto adoption according to recent report. (Read 11 times)

sr. member
Activity: 910
Merit: 284
Been looking into some reports and one thing’s clear, Asia is running the crypto game right now. Like, 60% of all global users? Let that sit for a second. Add to that, 5 of the top 10 countries in crypto adoption are in Asia India’s literally #1, then you’ve got Indonesia, Vietnam, the Philippines, and Pakistan. And we’re not even talking about Singapore, Korea, Japan, or Malaysia yet.

https://foresightventures.com/research?details_id=71&details_type=research&keyValue

Population of India might be a big contribution to this adoption but honestly it doesn't feel we are moving anyway forward speaking from the nations because the government is not that friendly with their crypto regulations for years and things are getting worse too, even recently the exchange called Bybit exited the Indian market due to regulation clause with FIU. And the only hope for change in the future is change in the government which isn't gonna happen for the next 4 years so we have some tough times ahead for our Indian crypto community.

Whereas China can be an interesting part, they found to be anti crypto most of the time meanwhile they encourage the big investors to invest from HK which they consider as part of their country too.
jr. member
Activity: 108
Merit: 1
Been looking into some reports and one thing’s clear, Asia is running the crypto game right now. Like, 60% of all global users? Let that sit for a second. Add to that, 5 of the top 10 countries in crypto adoption are in Asia India’s literally #1, then you’ve got Indonesia, Vietnam, the Philippines, and Pakistan. And we’re not even talking about Singapore, Korea, Japan, or Malaysia yet.

https://foresightventures.com/research?details_id=71&details_type=research&keyValue


Honestly, it feels like while the rest of the world is still debating regulations, Asia’s already halfway to building the next crypto empire. I mean, you’ve got insane remittance use cases in places like the Philippines, the DeFi boom in Vietnam, and India just doing India things (aka dominating quietly but loudly).

Saw this tweet similar prediction from an industry leader where she opined Asia would lead the next wave of adoption, and bruh it’s happening. Feels like every time the Western markets pause to take a breath, Asia’s already flipped the script and moved ahead.

Curious though: does this analysis come as a shock to you and what's driving crypto adoption in the region..
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