Experts Say Crypto Is Destined For Success In Asia
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. Asia, with its diverse and expanding population and rising income levels, has emerged as a top destination for all things crypto.A 2022 report from the venture capital firm White Star Capital found that Southeast Asian countries host more than 600 blockchain startups combined.
One of the favorite locations for crypto entrepreneurs is Hong Kong. It has risen to become one of the world’s biggest crypto hubs, with its favorable regulatory environment and advanced infrastructure making it an attractive base for entrepreneurs from every corner of the globe.
Singapore too, is often viewed as being just as friendly, building a strong reputation as a sandbox of crypto innovation. A similar attitude to crypto can be found across the continent.
Japan, which has allowed Bitcoin to be used as a payment method since 2017, has recently begun a pilot project for its own Central Bank Digital Coin.
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