Report post

What is Asia's crypto landscape?

Her recently published study called “ Asia’s Crypto Landscape ” covers the “key exchanges, funds, and market makers that define crypto in China, Japan, Korea, Hong Kong, Singapore, and Southeast Asia, with commentary on regulatory and investment trends.”

Is Asia the future of crypto?

“By the end of 2019, six of the top ten largest crypto firms in the world were located in Asia,” Christanto’s data further shows. “As of January 12, 2021, of the top 20 token projects with headquarters, 42% of the market capitalization is based in Asia. Asia has an outsize role in the crypto markets due to a variety of reasons.”

What is the crypto world's center of gravity?

The crypto world’s center of gravity is Asia. Big crypto-exchanges and companies operate in Europe and North America, but the majority of users are located in the Asia Pacific region, as are most of the world’s biggest exchanges and mining pools. There are many reasons why this is the case.

What are the indicators of Asia's crypto dominance?

There are other indicators that appear to confirm Asia’s crypto dominance. CryptoCompare data shows that tether (USDT) accounts for around 57% of the global bitcoin (BTC) market, while USD accounts for 19%, and the Japanese yen accounts for 11%.

Related articles

The World's Leading Crypto Trading Platform

Get my welcome gifts