Bitcoin Forum

Hey,
I just saw a blog http://www.w11stop.com/blogs/bit-coin/ (http://www.w11stop.com/blogs/bit-coin/) related to bitcoin and wanted to know is it acceptable in Asia?

Thank You

Bitcoin is accepted everywhere in the world especially Asia: China,Japan, South Korea, India etc. Bitcoin is big and keeps expanding by the day so just check localbitcoin website for merchants and exchanges closer to your location in Asia.

All countries except Bitcoins as far I know, maybe 1-2 don't but that's OK. If you would have bothered to Google you would have found out that China has the highest share of Bitcoin hash and all activities it's high there compared to all. Las time I checked China was in Asia. There was also a thread here saying about price in India Bitcoin was around 1000$ again a Asian countries. So yes Bitcoin is accepted by the Asian countries and worldwide. There are local countries board you can check them to see more and specially which country you are referring to. Hope it shall help you.

The blog isn't even about bitcoin in Asia. It is just for introduction of bitcoin and all of that can also be found here. Though it is good you have found that and end up here also.
Yes it is acceptable in Asia. I am from Philippines and we buy bitcoin through Coins.ph website wallet in which there is an option to buy in a convenient store named 7/11.

Of course it is accepted,unless there are restrictions made in the last couple of days,nothing should have changed really,BTC is accepted in almost all countries except for some which made regulations upon BTC and restricted the access to buy and sell and most importantly,use BTC.But in almost all of the major countries BTC is accepted and used with no restrictions.

I have searched on google and found that bitcoin is expanding quickly but I live in Pakistan and here I haven't seen anyone usign bitcoin.
if any one can share list of countries where bitcoin is operational because I use to trade with many asian countries like China, India, Hong Kong??

What goods do you usually trade?

I think I read in an article that Bitspark, a big money transfer platform which is based in Hong Kong, is expanding its operations in Pakistan because of its huge $20.3 billion remittance market. This company also operates in the Philippines, Indonesia, and Vietnam. That could make bitcoin more visible in your country and may make the interest in it grow.

I think you should have spent time researching before making the post because there are quite a lot of places in Pakistan using Bitcoin and I just found a Pakistan exchange for you. You might want to check their website or better still call them for assistance. "urdubit.com"

Recently from the news Japan and Philippines approve to used bitcoin as a legal tender. I think Dubai is also on the road for approving. Wherever in Asia, bitcoin is being accepted and governments are mobilizing their effort to utilized this cryptocurrency.

That's very true, we even have a Bitcoin ATM in Dubai and it lays credence to the fact that Asia and the Middle East are all embracing Bitcoins do the OP's question comes as a surprise to me because I know India,Pakistan, Japan, China, South Korea,Singapore etc. are all having Bitcoin ATMs and there are Bitcoin exchanges in these Asian countries.

Yes bitcoin is acceptable in Asia but it doesnt apply to all countries in asia of course but to some select countries only. We have the famous country in bitcoin and that is China. We also have the famous country who are always winning in boxing and Ms. Universe the Philippines. Also Japan is not moving towards bitcoin. But even though bitcoin is accepted it doesnt mean that you can buy any goods at local shop.

I thought something like a thing or bitcoin related services if it was accepted in Asia. In general, yes Bitcoin is accepted* at most of the Asian countries but they have different views on this cryptocurrency legally.

Refer here to some insights of legality of bitcoin per country in the world and not just in Asia.

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country

Digital Payments are very popular in Asia, some stores accept Bitcoin and other Currencies. It all depends on the store owner.

I don't know if all country in asia accept btc but as far as i know it's accepted in japan, philliphine, dubai, singapore and indonesia. Here in indonesia we have bitcoin atm, but only 2(correct me if i'm wrong) it's located in bali and jakarta and we do have local exhange.

I live in Asia, and I use bitcoin even bitcoin is not totally legal here, but we can use bitcoin because there are many people sell and buy it. besides, Indian, Indonesian, Arabian, Korean, and a few countries in Asia use bitcoin. you can see the country sections in Local section in this forum.

bitcoin available or accepted worldwide (maybe) but bitcoin is not accepted as legal currency or legal payment in some countries. that's all I know

Bitcoin in some part of asia is now recognized and they even accept it for payments. In my country the only accepted is the exchanging at online wallet site and this is so rampant now around the worls particularly in asian countries. There maybe a plan expanding of bitcoin acceptance in my country and hopefully the impact for this could be great opportunity for us who are the users and earners of digital currency.

well not all country is accepting bitcoin but most of the countries are accepting bitcoin , the development of bitcoin in Asia is quite high, you can see China is one of the country with huge amount of bitcoin user and Asia people are really attracted to the technology, so in the future we will see more and more user from Asia

Other than a very few countries like Iceland, Bolivia, Ecuador, Kyrgyzstan and Vietnam which have some level of Bitcoin ban in place. Other than those, I dont think Bitcoin is banned anywhere else. There's news that Bangladesh has some sort of cryptocurrency ban in place but I have come across a few people who still hold or trade BTC from there. In general Bitcoin is legal in almost all the Asian countries. Some might have put some regulations by now though.

Afaik no country in asia banned bitcoin, they still research about this. And so this is posible to make bitcoin hit $2000 in next year

Asian countries are one among those who have embraced Bitcoin from the very begininig and it's very popular there. Especialy China and Japan, so there shouldn't be any problems. But even in countries where Bitcoin is banned or not so welcomed you could use your coins with Bitcoin debit card.

Bitcoin was accepted already in different countries such China, Japan, Singapore, South Korean, Philippines, India, and others.  A years from now Bitcoin will become known as viable virtual currency in the whole world.

i am sure that there is many people from asia that using bitcoin but we don't know how much of them, even their government for each country is not yet approved bitcoin, people from asia still using bitcoin for their purpose and i think they use bitcoin to make money like us. and i think, japan is approved bitcoin but i am not follow the news about this and i hope the other country in asia will be followed japan so bitcoin will grow in asia.

I think it is accepted in Asia and in the status of bitcoin now I really think that some business enthusiast would probably want to have a part with the bouncing up value of bitcoin and even the countries that are not accepting it will have a second thought on not making their country a part of the community, and many doubtful person would just believe the fact what have bitcoin has made!

Bitcoin is evidently available and accepted in some major parts of Asia like Hongkong, Japan, China (well, a little bit of it actually), India, Philippines and Indonesia. Here in the Philippines, you can actually pay your bills and buy some other stuff online with the help of coins.ph. Been utilizing their service since 2014 and I'm loving it since they are integrating more and more services into their platform which is nice.

now, in Asia, Bitcoin is growing extremely strongly. especially the Chinese, however, where Bitcoin has been managed by the government. all activities need government intervention, we can say, this is where most of the Bitcoin thrive. The manager is a Bitcoin is not possible, however, to make many other issues, so I support it

Bitcoin in Asia is one of the best part which bitcoin invades because we already know that most of the bitcoin users are there in asia (i guess) in china they have the most miners and investors who got bitcoin and one of the country that i heard getting bigger in volume of bitcoin users is the Philippines which is great because that is the proof that bitcoin is the best for everybody even you are an american,russina,indian or anything else, bitcoin is the best for you.

Well, I am afraid to say this, but you are wrong. Bitcoin is not accepted anywhere, but yes, it is acceptable in Asia, but not in every countries around the world. There are some countries that banned bitcoin because the misuse of it, and people abusing its advantages, like using it in illegal, buying different kind of drugs online, making illegal businesses, buying guns, and so on.

But I think this kind of deeds hasn't done yet by anyone that is why bitcoin is still legal in ASIA, here is the link for the top 10 countries which they banned bitcoin due to their Government reasons.
https://www.cryptocoinsnews.com/top-10-countries-bitcoin-banned

It is depend on where you use. No government banned bitcoin and they can't. You can if you want as investment or some services that accept bitcoin.

I usually trade in electronics parts from alibaba and other sources

My goverment from Indonesia still not legalize bitcoin because bitcoin can be use for funding terorism activity which are against with our law
But we can still use it for transaction but our goverment will not helping for who got scam for bitcoin transaction. It means that my people use bitcoin with own risk

Beijing local here
bitcoin is the a grey area here, the government doesn't like it at all doesn't really ban it out right but is sensored heavily on the internet
They are smart in that they not only are trying to ban it, but also to create an official government sanctioned version of digitial currency

I think yes it is, bitcoin is now creating its name in the industry, building its name with a highly rating among its fellow cryptocurrency. Here in our country bitcoin has big amount value, so having atleast a 1btc is enough to survive daily living. I think it is known already in the asia , because I was here in asia, wish I could have a bitcoin too,spent your bitcoin wisely.

Bitcoin is acceptable in Asia, but like in the other countries, the Government is not still accepting bitcoin as the main currency or can be the payment on every transaction that we are going to make. I live in an Asian country, Philippines, and I can see how bitcoins population here increases every single day, but most of the bitcoin users here are just wasting their time on those HYIPs which is always ending up being a scam.

Since every bitcoin users here in the Asia are not abusing bitcoin because of its advantage, that is why bitcoin is still legal on Asian countries unlike on other countries which they have already banned bitcoin because of the misuse of it.

Bitcoin in Asia its a big market. Asian people must invest in Bitcoin. To get more benefits from bitcoin than choose long term.

Bitcoin in Asia is growing randomly, more and more countries have started using bitcoin. Philippines is getting more importance as regulations were under determination and Japan as a technically advanced country now has more acceptance in stores than other countries. I believe bitcoin is spreading fast and faster.

Bitcoin is accepted in there, even some asian people in south-east asia pay electric bills and mobile balance with bitcoin ;D
but we don't know why the government still not accepting bitcoin as payment like in Japan.

but don't worry if you want come here with your bitcoin, some countries have bitcoin ATMs.

I think the link in a website belongs to you and you want to drive some traffic to it by posting the link here and asking a unrelated stupid question.
If you just wanted to know whether bitcoin is acceptable in Asia or not,you didn't need to post the link.

As far i know, yes it is. just likes in my country there was pro and contra with the goverment policy. i believe not just in my country had a problem with Government policy. it doesn't mean Bitcoin didn't allowed but their just to much worries about Money laundring,Fraud crimes, and don't know how to controlling Bitcoin when it is being legal. beside most peoples don't really know about Bitcoin and  maybe they just only known by name,don't know how to get it,buy,or used it. when you got support from the goverment Bitcoin maybe someday it will considered as  Legal Digital Curency. But  in Bali island there was a Bitcoin ATM.

I think it is a true story. but I feel that since the first, bitcoin has indeed spread in Asia, in fact, it has spread to the international world. My country lies in the Asian region, and in my country a lot of people who have been using since bitcoin bitcoin have a high enough price.

It is good to hear that you have merchant in your country like that, giving any services to all bitcoin user out there. Sounds very interesting a kind of convenient store which 7/11 accepted bitcoin, that's really great. I hope other country who had a merchant like yours will do the same thing to be open in bitcoin.

I also live in an asian country and I still have not seen many people using Bitcoin due to many restriction and scam accusation against this crypto. Many scammers have abused Bitcoin and use it in a illegal wait to steal people's money. That is a shame and causes a lot of troubles to Bitcoin. Anyhow, Bitcoin will become stronger in ASia, I can ensure with you

OP the link you shared has nothing to do with Asia. But if you really want to know if it's legal here, then yes, haven't heard any country here that has outright banned cryptocurrencies. Many countries have started to consider bitcoin as legal tender. Of course the governments want some regulation (in my country they asked exchanges to register with the government) but there's no indication that they'd tighten their grip. So far, bitcoin seem to be safe in Asia. Let's just hope ransomware don't become widespread here and sour the public's perception of bitcoin.


That's what I also use. Do you also use any other software wallet?

yeah bitcoin is very much popular nowadays and its acceptable in anywhere and i also heard that bitcoin is acceptable in Asia and bitcoin modern currency and its adopting in all around the world because bitcoin is very much secure and strong currency.

I have not heard that in Asia a little number of people are using it but I have heard that a large number of users are from Asia because of the users in China. The acceptance of bitcoin in Asia is much faster because they were minute in the use of paypal etc and now they got a super payment system in the form of bitcoin.

For my own opinion bitcoin is accepted anywhere as long as you have internet you can use it,
I mean as long as there is an internet you can use bitcoin anywhere in the world.

There are people that accept bitcoins and there are not. They are more likely scared of the bitcoin's price which are very predictable. Im am from Asia, and I know bitcoin is really not a hit here. Although many people are using it here. Still changing it to real money.

By your name I can assume you're from Pakistan or maybe India. And yes bro, bitcoin is big in our part of the world as well, and its getting popular every minute with people from all different fields, especially who know how to use internet. So relax and jump in.

I wonder where from asia are you from. in my country Bitcoin is starting to flourish.  Our central bank had recognized Bitcoin as payment, moved to regulate the exchange platform to submit yearly report and implement AML and KYC stricktly.  We can also use bitcoin to buy stuff online, pay our bills and load credits to our mobilephone.  We can also use a third party processor to send remittance all over the country with Bitcoin.

Of course it is acceptable anywhere. We are part of Asia and here in our country it is widely acceptable, why not? We also have bitcoin ATM here.
 In fact we have something national regulations regarding bitcoin but the good thing is our government don't control yet its price.

Yes indeed if you haven't heard a bank in my country, the friggin Philippines, just started accepting bitcoin as investment and remittance. I look forward to seeing bitcoin ATM machines so I can easily convert my precious Bitcoins into cash in real time, no need to go online and trade.

He sees online shop sites originating from Pakistan, looks similar to Alibaba and based electronic products. But unfortunately the site is just explaining theory about bitcoin, doesn't accept payment via bitcoin. Bitcoin is received clearly throughout the world, many Asian countries are already making startup bitcoin exchange markets such as China, Japan, and Indonesia. Regulation hasn't been fully used by all Asian countries, but there is no ban on use, the risk is left entirely to each user.

It is a good introduction.
Bitcoin in Asia? Of course there is.
There are a lot of bitcoin wallet businesses that are owned by Chinese.
There is BTC khan and they also have an application for android with news and prices of bitcoin in different wallet sites.
It is a cool app.

I also use Coinbase but since there are no withdrawals for our country then it is just like storage for me. I guess I trust Coinbase when it comes to handling my bitcoin. Plus, their prices is better than other wallets so we will just have to wait if ever they will open up the withdrawal here in Philippines.
We should help each other to tell them they should open it since there are a lot of users in our country.

Yup I also think that way, that china has been a source of a lot of bitcoin blocks this past months and they are the reason why the value of bitcoin was never be the same, and I think BTC khan did a great job and they hold a large amount of BTC they have give promotional amount of BTC here in the forum I am once joined in some of their events and I had so much fun and all because they are giving a lot of free bitcoins in this forum.

You are quite funny. So you think it has spread to the international world  :D which universe is that. ;D OP wanted an exposure to his blog and exactly at what part you think it is a true story.It is just a brief introduction to bitcoin and nothing else.And for the OP if you are looking for click baits make some interesting topic rather than starting a thread and just introducing your blog . :P

Not a big deal i have seen many asian websites accepting bitcoin however it's used in the website other countries & Continents as well.
So what is the point of this thread . From that i mean what actually you are trying to tell us

China is the leading country in bitcoin exchange as well as bitcoin mining, other than china, Japan and India also have a lot of bitcoin users. So yes bitcoin is very much popular in Asia.

bitcoin is currently very popular in Asia. many countries that have a large user community bitcoin.
This is a good development for bitcoin in the region of the continent of Asia.

True, the regulations use of bitcoin at average Asian countries is still not fully used because each government is reviewing bitcoin. One consideration that doubted by many governments in Asia is the security of bitcoin. But even so, bitcoin still be used with caution and the government is not responsible if things happen that are not desirable.

The crime gangs are very innovative in Asia. If they came to know about Bitcoin, then they will exploit it for illegal uses, such as blackmail and ransom payments. This may be one of the reasons why the Asian governments are still not willing to legalize Bitcoin. Another issue is tax evasion. As we all know, Bitcoin is a very powerful tool for someone looking to evade taxes.

I think you're being a little generous when you say that they don't know about Bitcoin. I would be willing to bet that there is a considerable amount of crime gangs that know about Bitcoin, and most of them likely use it to some extent, however it might be limited due to some of their capacities.

China has been pretty frustrated by Bitcoin already, wouldn't surprise me if crime groups seek to exploit that.

Bitcoin is taking off all over the world and especially in Asia, now is the time to get some if you havn't already.  It really easy to purchase through exchanges and storing it is simple once you get some knowledge of how to do it.

The prices are dropping, and I do think it is indeed the best time to buy. When the prices drops to the floor again, it would start to skyrocket in price in the very near future. Like what happened this january. Prices reached $1,100 then dropped to $750, now it back to $1,100 after reaching the price of $1,200. I think we'll reach $1,500 on the next rise.

Buying coins from $1k+ is not worth, and don't expect the previous result will repeat now, because in 2013 when halving happened the price raised to $1500 but after that, it suddenly drops to 100$. But last year also halving happened but after that price not went down like 2013. So we can not predict the bitcoin price. But yes this is the time to collect coins but buying coins from real money is too expensive.

yes i am also from Asian and specially from South Asia and i can see that the number of bitcoin users are more in Asia as compare to the rest of the world. and hope that the number of bitcoin users will increase more and more here.

I'm from a 3rd world country in Southeast Asia and using bitcoin all the time. Its not used by the majority but still available for them, the number of users are increasing every day because I notice them on facebook groups and my fellow country men are embracing not just bitcoin but also some other altcoins. We do have our own too which is PesoBit and I'm one of the user that keep a stash for the future.

I am currently hired by someone from Japan who also are into ETH and BItcoin, they are currently creating an exchange and I'm one of the 3rd party they  hire for their promotion later.

I am from the Asia which is the Philippines, bitcoin accepted and widely adopt by everybody. In my opinion, everywhere was accepted the bitcoin. No exceptions for that. Bitcoin becomes more popular all over the world.

I have almost read all the answers in this thread because I felt surprised that OPs asked about bitcoin acceptance in Asia especially when he found a blog from an online store which located in the fifth country in the world population. As always bitcoin is well known not only in Pakistan but everywhere in the world with more or less the same circumstances. There are countries where are more bitcoin friendly, other which bitcoin have not still regulated or government keeps a neutral policy and others like as China were they interfere with raw and inelegant way in the operation of Chinese exchanges in order to defend yuan.

It depends on where part of Asia you are living. Because I can confirm that bitcoin is widely used here though we are still few who are using this crypto in the market. And the fact that bitcoin is accepted everywhere and we do know all about it.

I think the problem many Asian governments are doubtful about bitcoin's not it. Security which I think that no one can guarantee if bitcoin saved lost, so if bitcoin in your wallet lost (because a hack or negligence) will not be refunded. It I think that makes bitcoin is still questionable safety by the government. If such illegal things you said paper currency will also be used as it is, so any transaction that includes a tool could be used for illegal things. If bitcoin becomes legal I'm sure will be regulated in order to minimize the occurrence of which you say it.

I have a Coinbase account, first wallet I made coz it turned up top of search when I was Googling. How much do they charge when I transfer funds from my coin.ph account?

And yeah, we should petition them to open up their service here in the Philippines. Do they have a page or something where people can leave messages? Found nothing here in the forum, not even a campaign-related thread.

bitcoin development in Asia is now very good. many people are using. other than that this time had begun to develop large companies that accept bitcoin.

bitcoin accepted anywhere, but almost all countries give gray regulation , Such laws are still confusing, the duality in a single regulation .

I think bitcoin is not accepted by any countries yet. The real condition right now is all of the government in the world is not admitted bitcoin as a legitimate payment, but they doesn't prohibit the use of bitcoin (some country banned it). So you have your own risk when you choose to use bitcoin. You can't call the cops if you loose your wallet's key password  ;D
At least you can spend Bitcoin around the world in any store that accept bitcoin as payment.

Bitcoin so far has been spread out somewhere along Asian country which is Singapore, China, Korea, Thailand, Philippines, and japan and others which I don't know what :D But some of them its actually saturated but some of their citizens are anyhow had an idea about in bitcoin currency. 

I am from the philippines and I never heard the news that bitcoin is accepted as a legal tender. Any link to this news?

As far as I know, bsp put a regulatory framework to the likes of coins.ph as a money transfer business. But there is no news I heard about bitcoin as legal tender in the philippines.

Not even in Philippines it's becoming popular even in India.
A few merchants have started accepting bitcoin as their payment option locally.
However they most of them are taking additional fee for it

Bitcon is accepted in many parts of the world, Asia is a big area, and many countries use it, this is also one of the largest bitcoin markets. China, Korea and Japan are the typical countries that have strong bitcoin markets. The whole world is using bitcoin, only a very small number of countries are not allowed to use it, however, it will certainly be used in the future.

It's nice to hear that some shops are accepting it locally in asia.
But I think it's way to early to say that the whole world is using bitcoin.
Only a very small fraction of one percent of the people is using bitcoin right now.
So there is still a lot of work to do.

Theres no restriction on where bitcoin could be used specially on Asia,we all know its large and as long theres internet bitcoin could be accessed anytime.Like in my country i do live on southeast asia and i could say there are lots of bitcoin users on my place but adoption isnt too spread but hopefully it would be available soon.

It does take time before it happens. It is just sad sometimes when people are introduced to it for illegal transaction purposes. I have experienced offers like that to where they will buy bitcoins to me just to buy weapons and other illegal stuffs. This way of introduction should be changed.
It would be better to tell them it can be use to send money and Asia is one of the continent who does send money a lot.

Its mostly traded here in Asia, particularly in China so its definitely  a Bitcoin ready region. A Japanese bitcoin exchange recently has the highest volume which is the https://bitflyer.jp/
You wouldn't think of it like it will compete China but yes it did. Those who trade on Tokyo Forex may be starting to use bitcoin this time. If the rest of the Asian countries will have their own exchanges, its going to boom eventually. Korea has its own too such as Coinone exchange.

I agree, Bitcoin will certainly be used evrywhere in the world in the future. What I can't understand is how does it matter whether it's Asia or Europe or America? Probably a particular country and its government matters in regard of how they treat Bitcoin, but not continents.

Actually Bitcoin can conquer the world if it wasn't for some government, actually that is why bitcoin is just allowed to certain  selected stores all over the world is because the government is prohibiting the use of it entirely in the whole country, we can say that bitcoin is just working in the shadows that is why there are some people that doesn't known the purpose of it.

Bitcoins i think is accepted everywhere and each country but some is not really adopting it.Yes bitcoin is do accepted in ASIA,you can freely spend your bitcoins in asia, no restriction at all you are free to use and to spend bitcoins here in asia

Actually the more BTC miners the more expensive BTC is not just here in Asia. If almost of the world adopting BTC I think its more difficult to earn it and the more high equivalent in any currrency it is.

This is true.Crime rate in Asian countries are high and bitcoin can be misused by criminals and the shortage of blockchain technology experts will make such criminals do away with their crime.

the good news is you are wrong because until today (after bitcoin being around and working strong for 8 year) we have not heard any major usage of bitcoin for illegal activities that is more than usage of fiat. the biggest one was silkroad and darknet and then the ransomware. the rest are too small.

A good introduction to all bitcoin newbies. And yes bitcoin is accepted on many countries in Asia. Asia also is the largest bitcoin users in the world. But not all countries in Asia are accepting bitcoin. Thailand was declared bitcoin is illegal on 2013 while Taiwan bans bitcoin ATMs only. For more info about legality of bitcoin in your region. You can visit this website https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country

Crimes are everywhere not just in Asia. Crimes won't stop if users are going to stop using bitcoin, its always there even online there are crimes, its just we don't see it often like the scams here in bitcointalk.  Bitcoin Market will always stay whether there is crime or not. There are more individual using bitcoin for honest businesses, merchants are gradually recognizing it and we're all going to be part of these development in shaping the economy.  Asia is the future :)

Yep I experience that too. The first bitcoin article that I read is about the black market in deepweb , That they are using bitcoin to every of their transactions there. And I think that is the bad side of the bitcoin because you can use it anonymously. But in terms of introduction now in my country the bitcoin became more popular because of the seminar that are conducting by some companies and that is good to here because more people know about bitcoin although is it not user friendly but as time pass by the people will adopt the bitcoin  in their lives.

I am a Singaporean and I'd say that my country is very Bitcoin friendly. I met a few individuals personally that uses Bitcoin. Recently, I joined a local Bitcoin Facebook group. I was very surprised that the group have so many members. Most of them uses Bitcoin as a form of online investment rather than payment system though. However, I am sure that as time goes on, Bitcoin will earn a place as an online payment system.

(After writing and reading, I am surprised at how I structure my post this time round. lol.)

Misuse of bitcoin can be done by anyone anywhere - but that may be an isolated case and not worth noticing. Apart from silk-road incident, ransomware and the uTorrent mining malwares, there has not been much misuse of bitcoin.

Again we can compare fiat which is misused everywhere - bribes, corruption - very high in my country which is in Asia. But bitcoin has not relation to it. Here mostly people use fiat. Very small fraction of us here use bitcoin.

Bitcoin in Asia has got more importance than the Western countries. One such example for this is the Chinese having lot of user base. Even in the past Asia has got more adoption. Users from India on demonetization moved towards bitcoin. Japan with its regulatory law has made bitcoin an officially accepted payment. Philippines has got several outcomes to blockchain technology. Indonesian bank has invested lot for fintech development. As a whole Asia is leading compared to the other continents.

I live in Asia Here are many countries that accept Bitcoin but some of them have not received Bitcoin. especially in my country , bitcoin is less popularity, only one province that accept Bitcoin as payment in real life.
Unfortunately I've never tried it straight away because I live away from that place.

Of course bitcoin is a currency and it can be used for illegal activities, like as fiat currencies all over the world. As far as it concerns the 'anonymity', bitcoin isn't and the more possible will never been an anonymous currency. It's only pseudonymous.  That is, the bitcoin address is a pseudonym and the transaction forever is recorded in blockchain. Of course you don't use your real identity. However, in many cases identities can be linked to bitcoin addresses (buying/selling goods and services). And many times is easier to find anyone's using bitcoin the real identity than fiat money. For this reason there are mixing services in order to protect the privacy of people when they transact with their bitcoins.

i think bitcoin is accept in asia and i am sure that people from asia is using bitcoin too but we don't know how much people is involve in bitcoin industry since the government from asia is not yet give any statement for bitcoin. but soon i think the government will be make press release for this so bitcoin can be know by people in asia.

I think so too. I have also met few who are also into bitcoin and they just kept their btc stored in their android wallets. But not me. I look at Bitcoin as investment as well or crypto in general which also the reason why I kept hopping from one crypto to another. I just hop to see where the price goes and once i gain profit just about enough, I once again hop to another. I helps my investment grow little by little. I haven't found a coin where I can really put my money to except the first top of coinmarketcap. Among them are ETH, DASH and of course BTC.

I think many countries in Asia is accepting bitcoin.
It is very popular to all the people in Asia.

Bitcoin is international currency and exactly in Asia it's the most developed, especially in China, where the number of bitcoin usersand miners is the biggest. I think exactly in this region bitcoin will be mass adopted firstly in the world and on this exaple other countries will start to adopt bitcoin as well.

yes it is, bitcoin already created a great impact here in my country I live here in asia, my countrymen started to be interested in bitcoin, they are now curious in everything that will give them a money. Our country already accepts bitcoin we have a bank here that you may withdraw your bitcoin from your online wallet in a cardless way.

I fail to understand what is the meaning of bitcoin is accepted in Asia. It is not any paper currency which needs to be accepted or something. It is an online currency and is accepted worldwide that as access to internet. Like particular sites accept bitcoin and those who have access to internet can also access those sites and thereby use bitcoin.

having access to something and being able to use it doesn't mean people are actually using it.
and it is true for bitcoin, it is open to everyone in the world and anyone can easily use it on their own. but as we can see it is not accepted in shops, by merchants or services in most places. but it is being used by many others too but that is just a small percentage right now.

both India and china already accepting bitcoin and also those small countries around them are also accepting bitcoin so i guess in asia bitcoin already been accepted and penetrated, just waiting for an actual resto or well known establishment to accept btc transactions.

In India people are using bitcoin but the number of people using it is very small compared to china and indonesia. I think more meeting and public campaigns need to be done in order to reach popularity of a certain level. It can also help the merchants to accept it and then people can transact on it. Overall it will lead to public curiosity and they will be ready to accept bitcoin payments at a higher level.

Bitcoin is somehow known and acceptable in Asia. I live in an Asian country and as far as I know, bitcoin is now growing and now being known in the Philippines.

No not really, bitcoin is not accepted in all the countries, for example in north Africa people don’t know what bitcoin is so governments don’t even bother making laws about using bitcoin, in fact some of them don’t even have PayPal yet so bitcoin is a really advanced thing for them.

Indonesia and Philippines are seeming next to China in bitcoin adoption whereas rest of countries from Asia are not into this race, even India is also lagging with respect to bitcoin merchant adoption rate.

yeah but at the same time there are many other countries that have people using bitcoin in them but the government has not yet made a clear stance towards bitcoin, i have heard many things about bitcoin laws in here but nothing is set in stone yet.

My country in Southeast Asia, and people using Bitcoin grow and people who have knowledge about Bitcoin make online shop and accepted Bitcoin as a payment, but my government didn't officially accept Bitcoin or denied it, In Asia Chinnese is one of country who have large Bitcoin community. As I know no one country has announce they accept Bitcoin or reject Bitcoin.

How strong or large bitcoin is in japan? I am so curious with it. Althougj here in the Philippines bitcoin isnt legalized yet however there are a lot of user here more than i have imagined

Yes, bitcoins are very well acceptable in Asian countries. Bitcoins are rather boundry less currency. It is hugely being accepted almost all over the world. Even it has great potential in Asian regions. The potential and benefits that Bitcoin offers are unprecedented. Remittance platforms are a hit since most of the populace are unbanked.  Besides price volatility, there aren’t really downsides to accepting bitcoin. All it takes is good engagement and you may very well see measured growth in the cryptocurrency business in these regions. Online gambling continues to be a lucrative market today and it proves to be highly economical for a dominant key market like China. Not to mention, the growing industry of Bitcoin mining in the region is great potential for bitcoin in Asian regions. The potential and benefits that Bitcoin offers are unprecedented. Remittance platforms are a hit since most of the populace are unbanked.  Besides price volatility, there aren’t really downsides to accepting bitcoin. All it takes is good engagement and you may very well see measured growth in the cryptocurrency business in these regions. Online gambling continues to be a lucrative market today and it proves to be highly economical for a dominant key market like China.

If you don't know, Japan has the biggest market for Bitcoin in the world beating China in January.
Asia has gradually came up as the new hub for Bitcoin. Asia has highest share in mining farms, notably China. And how can one forget, Asia comprises of great demand for Bitcoin thus it trade at 5-20% premium in countries like India, China, etc.

Here in the same thread bitcoin discussion we are discussing,
Whether China is controlling bitcoin or not ,
So Your question seems to be a bit aukward at the point.
Atleast 70% of the bitcoin miners are Chinese.
So you get your answer crystal clear.
Yes but exceptions definitely exist.
I really don't know about what happens in North Korea.
But in big countries like China , Japan , South Korea, Singapore etc bitcoins have definitely gained a lot of acceptance.

Bitcoin is becoming large community and its accepted in Asia countries. Im from Philippines and bitcoin is becoming  well known here. In terms of buying bitcoin is easy here in my country were there is a store that open for 24 hrs. This is really great bitcoin seems popular around the world.

This blog is not about bitcoin in Asia, it's about the introduction of bitcoin. And are you talking about offline acceptance? Then there are very few countries where bitcoin is accepted offline. I am from Asia and there is no single storr where bitcoin is accepted.

Bitcoin is really popular in places like Japan because of how cool the payment system is. I like to think about different technologies that could be used with Bitcoin integrated into it and used for quick payments without the worries of Bitcoin transactions confirming 7 hours later you know?
Once they fix Bitcoin's payments system (Bitcoin confirmation speed) then it shouldn't be an issue and more people would be using Bitcoin on the go. I think that Bitcoin could get popular inside Asia then the other people that want to get involved within the 3rd world countries will try to do something even better.

that is a good news, i think bitcoin don't need to grow worldwide, because in asia there are many people, 50% of the world population is in asia, if bitcoin is accepted there you have full worldwide adoption already

Bitcoin is well-accepted in the Asian region especially in China and Japan. Most of the bitcoin transactions happening in Asia came from those 2 countries. Other Asian countries are still accepting the knowledge and concept of Bitcoin as a digital currency but we are getting there.

im from Asia and  totally new to bitcoin,....i have zero experience about computer science..is it possible to create a start up company ..and create a new brand of loacl cryptocurency under bitcoin here for the philippines. Im studying now about bitcoin and im happy to know more......how can build a community here in cagayan de oro city..the golden friendship capital :)

It is possible to create a start up company and you can really create a local crypto currency if you are a developer but you cannot have a valuation unless it is a good project but there are many alt coins out there and it is really difficult to get to know about all the coins in existence.
The people in Asia accepted bitcoin with both hands because of the price and the lower wage they get in those areas.

yes  i am also from Asia but not for China, to me i think the use of bitcoin is more in Asia as compare to any other con-tenant, although the Europeon countries are also using bitcoin but still bitcoin is not so much popular there and it will take a lot of time when bitcoin will become more and more popular there. i think there not be a single country where the users of bitcoin will not be present.

 The link provided is not related to Asia. But I will share what I know here in the Philippines about Bitcoin, since Philippines is an Asian country.
In the beginning of 2017 the central bank of the Philippines talks how to regulate Bitcoin usage. Philippine is a third world country but you can use Bitcoin in some stores like 7/11, Avon and many other merchants are accepting it as a payment. You can buy Bitcoin in some banks here (e.g. PNB, Metrobank, BDO). I don't know what is the situation of Bitcoin in other Asian countries but to think of it Philippines is a third world country. I think Bitcoin is more popular in other Asian countries like Japan Malaysia and China.

Im from the Philippines too.
Central bank of the Philippines is making some regulations that they can monitor Bitcoin but they also recognize that Bitcoin is a currency/crypto currency.
With the help of some companies especially coins.ph ,Bitcoin in the Philippines is no hassle in buying and exchanging Bitcoin to cash.

Bitcoin in Asia seems pretty well because in china we all know that there is a lot of investors their and most of them are early bird so i think china is one of the powerful country in Asia and some of the countries that have volume of bitcoin users are tend to use bitcoin as a payment rather than fiat because i believe that some of the countries have stores that accepts bitcoin.

Even China is one of the first country know about Bitcoin, there are not many countries in this region seem to like this coin. Look at the chart and you will see, Asia is not a big market. Thailand even bans Bitcoin for no reason

If you are talking about the new cryptocurrency that is made within the Philippines then you are probably talking about Pesobit. Pesobit is a new cryptocurrency within that country and that local cryptocurrency can be converted into their local currency. But let us go back to bitcoin, bitcoin on the other hand is the most trusted cryptocurrency in the Philippines and there are even exchanges that makes it easier to convert fiat currency to bitcoins and vice versa.

Yeah right, I am surprised when I have heard about this news that the biggest bank in the Philippines are now accepting bitcoin as a payment on every transactions that their customer going to have with them, and I am hoping that the next thing that would happen is that the Government here in the Philippines would approved bitcoin as a currency, I mean it could be use in any transactions, like if we are going to buy goods, or anything that we need in our everyday lives.

Are you certain that the bank there accepts bitcoin fully on it's own and not coupled with another payment method like western union or a money order.
Because I find it hard to believe that the government hasn't accepted it as an official currency yet the banks are doing transactions without regulation enforced by the governing bodies. Don't the government own the banks there?
No where else in the world have I heard this they solely accept bitcoin payments and allow you to withdraw fiat money at their countries bank. Not even China allows that and just look at the mess they are in with bitcoin and don't know what to do when it comes to how to use it now. ::)
Complete chaos there! :P

Bitcoin really grow in asia, the china, india and indonesia sure is a bitcoin fans, most of the miner came from china and other asia country like japan really show a great interest in bitcoin, bitcoin is very popular in developing country because it offers a great opprtunity as an income and investment

Yes exactly, Bitcoin was used in Asia particularly in our country and also the countries you've mentioned above. Bitcoin is not only for those people that are not in the field of making exchanging and receiving bitcoin as well as it gives us freedom to share the ideas we have, we can also get ideas to other users here in the forum. Bitcoin nowadays gives a bigger impact in human kind especially in earning extra money. It also a progressive cryptocurrency since it started

Yes it is accepted all over Asia except in bangladesh where bitcoin holders are even imprisoned.You would be surprised to know that china is the biggest holder of bitcoins and has large number of bitcoin mining farms in the world.Bitcoin is not declared as illegal in any of the asian countries.Even russia has not banned bitcoins.In india too, Reserve bank has taken desicion to observe virtual currencies and not ban.Bitcoin can be easily bought and sold in any of the localbitcoins of asian countries.

Bitcoin in Asia especially Japan is most important and rest countries like India Pakistan and Saudi Arabia and Philippines and Indonesia Thailand and Malaysia and Singapore most important for Bitcoin growth and under developing counties like India growth is important due to population

Bitcoin investments are popular in South Korea and Japan because of Chinese law, so now Chinese investors can only trade privately.

Bitcoin is a very biggest to increase our life resources. So,  bitcoinIs mostly ways in asia especially  china,  india,  malesia,  America etc.  Bitcoin is  seems in asia very  preety.

Yes, it is accepted in Asia except North Korea because they have own rules and regulations in crypto. North Korea also a communists country must all people have equal income. It is illegal using bitcoin in their country. I belong to democratic country that you can express your feelings publicly, have own free well to make business. We are very lucky of having democratic country. Bitcoin is not illegal but it is not totally accepted in my country.

Bitcoin is legal in most countries in Asia. But you can’t really use Bitcoin to pay in shops, other than Japan. Other than paying with Bitcoin, it is allowed to trade Bitcoin in most countries.

I think in asia has started popular bitcoin except north korea maybe in the country have official bitcoin as a means of payment or currency applicable but in my country can not yet as a tool of payment transaction or currency which validated by government

Leave everything just focus on this point that bitcoins are now coming in Asia and there will be a time when China and all other countries of entire world will be legalizingbitcoins and using them as national or legal currency. Like you have said, Korea and Japan are now working on these coins and they are doing much amazing things in this field. So yes bitcoins are spreading.

Chinese investors are purchasing Bitcoins through exchanges in Hong Kong and South Korea. I am not very sure whether they are using the Japanese exchanges, because they are having tough KYC requirements. Also, the South Korean authorities have tried to ban the Chinese users from the exchanges in their country.

Yes, much of Asia is beginning to use bitcoin, but it is also facing some problems, with countries preparing to regulate it.

They don't need to use foreign exchanges if they want. There are various p2p websites where you can buy bitcoin from China.

most of the asian countries accept bitcoin except kyrgyzstan,Bangladesh and nepal.
central bank oof Bangladesh said that anybody caught using the virtual currency could be jailed under the country's strict anti-money laundering laws.
nepal rastra bank declared bitcoin as illegal on last August.
unlike these countries china declared bitcoin as legal.and it is very popular in china.

Bitcoin is now widespread worldwide especially in Asia. China, Japan, Korea, etc. these countries accepts bitcoin on some of their transactions and learning to continually widen the scope of its acceptance. Also, people in Asia have been more interested on the opportunities bitcoin has to offer.

BTC is very popular in Asia, particularly in South Korea and Japan, Japan and the Philippines approved the use of the currency as legal tender, electronic payment is very popular in Asia, many Asian people to travel abroad need not be redeemed for cash, it is ok to use mobile payment! I believe BTC will reduce the distance between country and country!

Bitcoin in Asia is accepted. Though government makes some warning but they are not prevented it.
Southeast area is the most btc friendly country.

Hello

Don't be worry

Bitcoin very populare in aAsia . Such as Japan , China , India, South Korea , Philipin & Indonesia...
And they easy to use....

Maybe for some countries still receive bitcoin, but many countries in asia are ban bitcoin. Or maybe not yet know what bitcoin is, so for the problem be accept or not. it depends on the government

Bitcoin in asia emerges in the aftermath of the global financial crisis. More Asians are starting to see it as a way to make some quick cash, but also as a way to safeguard their savings against political crises and low interest rates.

Some of examples are low interest rate in Japan, the strict regulations of money out in China, and concerns about the North Korean crisis impacting economy in South Korea. These are reasons why so many in Asia are trying to cash in on the Bitcoin craze.

In my country indonesia bitcoin has been known by the public, but there are pro and contra about bitcoin. Because the public in my country when heard about bitcoin, of course they will ask the legality of bitcoin. But in fact the people in my country many are looking for ways to get bitcoin because of the high currency exchange rate

That is a very good news to know, Because there are a lot of people who are waiting for bitcoins to be legalize on different countries. A lot of people are hoping that cryptocurrency will be the only currency world wide for us in order for its value to increase further more.

There are many countries in Asia that doesn't ban bitcoins. In our country Philippines, the Central Bank of the Philippines just approved the registration of the two bitcoin exchange operators. They accept bitcoin but they don't regulate it and always telling warnings to us. I hope more countries will accept bitcoin establishments too.

Bitcoins is very famous specially in Asia. It has been said that bitcoins have originated in Asia specifically in Japan. As far as famous goes, Japan and China are the juggernauts of mining in Asia alone. Imagine European countries that participate in the mining pool.

Most of the country in asia has bitcoins legalized in their country, The best area is china where the electricity consumption is very low. Most of the professional analyst are telling that 30% of the contributor on the market is from china. It only means that bitcoins is becoming accepted to the community even more.

Yes our country are not banning bitcoin but they always keep on telling us about being wise and be careful and are always warned us even in the news. But it doesn't mean that they are much more approved because they have still doubt it and still warned people about something that are about negative sides. I don't if Banko Central is only panicking that's why they keep on warned us. Well, that was my opinion and I think I'm not wrong about it. But anyway, great to have a nation like this.

The "CoinmarketCap", which holds the pulse of the digital world and visited by millions every day, received a decision to lift the artificial effect on the price list of South Korean stock exchanges.

Bitcoin is acceptable anywhere here in Asia. Nothing to worry about it.Countries in Asia has the most number of bitcoin users in the world. Countries in Asia has the largest numbers of investors and users that earns a lot of profit yearly so you have nothing to bother and worry about. We are hoping that bitcoin will be banned here.

I think bitcoin is accepted every where as investment program online like in my country but bitcoin is not accepted as currency. Nobody can use bitcoin to buy something offline in my country.

Asian countries are a powerhouse when it comes to bitcoins. Special mention to China and Japan for being the superpowers of bitcoins in Asia. Here in my country, the Philippines, bitcoins are gaining a lot of attention specially to the government. But mostly the attention is because of concern and probably a regulation of bitcoins.

Yes, Bitcoin is acceptable in Asia, though only a few merchants in each country accept Bitcoin as a form of currency to purchase their items. However, I believe the number of merchants will continuously grow over the coming years, but at a slow rate.

Yes bitcoins are accepted in asia especially japan i have red some articles that are saying that bitcoins is highly accepted their even in the market but i do not think that china unbanned bitcoins because i also red some news that china banned bitcoins and all the cryptocurrency before but i dont know now. Also here in our country bitcoins are used by a lot of people even though we do not have some stores that accept bitcoins as a payments we have a bank that accept bitcoins in exchange into real cash so we just need to convert it.

actually, I don't know what the government will do with bitcoin but I only know that people in asia know bitcoin and they use bitcoin to make money. I think now, people in asia can use bitcoin without worry but I think with the bitcoin price increase, the government asked their people to be careful to invest in bitcoin. maybe in japan and korea, bitcoin is accepted and soon the other country will accept bitcoin too and I think asia will be the biggest bitcoin community in the world.

BTC has always been a worldwide currency, but in Asia, different countries have different views of BTC. China, the most populous, is now barred from trading BTC, while Japan and South Korea permit it. I think that if China allows BTC transactions, it will greatly promote the development of BTC.

I cannot confirm every country in Asia accepts Bitcoin as a mode of payment as some countries like Bangladesh, Nepal, India, China have unclear legal acceptance to Bitcoin or any other cryptocurrency. But there are some Asian countries that accept Bitcoin like Korea, Japan, and also my country the Philippines as a mode of payment and also can be legally exchange to other currencies. But the problem here is that it is not yet ideal to use Bitcoin as a mode of payment because of the time needed for it to transfer and also the additional cost involve for transferring the money.

i agree that china recently had to restricts ico and other crypto related services like online exchanges , i dont know the real reason to that on why  they are doing it but it i think crypto doesnt have any bad effects to the country that will adapt it or to the people that will use it.  i also heard latelty that china again has announce that they are now accepting bitcoin or cryptos again and these were also the reason of the recent price hike of bitcoin that results for  him to climb up  to 19 to 20k dolars.

Some countries in Asia allow BTC transactions, but not all countries, most of the Asian countries do not use the BTC to make online payments. I think the rapid development of online payment in mainland China!

Hi guys.
I'm in Vietnam. And people not use Bitcoin for payments in my country because it's not accepted by the government
But I think It's very interesting if people use it

Bitcoins are quite common in Asia, such as japan, philliphine, dubai, singapore and indonesia. I do not think you need to worry about Bitcoin being unpopular in Asia.

If we look at the sequence of countries in Asia that has dominated the world of cryptocurency is a country that has indeed recognized and legalized the existence of bitcoin in their respective countries, so that growth and development in the country so rapidly that they are able to dominate the world of crypto.

Asia is a continent and there is no central body of some sorts that is governing it. Nor is their any continental government in Asia. There are only different countries and each and every country has its own laws and policies. There are so many countries where Bitcoin and crypto are allowed, some with a little tight regulations. It all depends on the specific countries. There are also countries in Asia where Bitcoin is not allowed at all. Most countries, for example, in the Middle East are not open to Bitcoin.

I think day by day Bitcoin is becoming a popular currency in Asia. people of China, Japan, Indonesia, India and South Korea randomly using Bitcoin in the current context. but one thing is that Bitcoin is getting accepted on many platforms but not in Asia. China government already has taken some steps regarding this issue so the thinking should be changed. I believe that perception will be changed in the near future.

not all countries in Asia banned bitcoin, probably many who argue asia banned bitcoin, but in asia most use bitcoin, they make for profit, and for payment there may be only 5-9 countries that legalize bitcoin in his country

BTCitcoin is not accepted in some part of Asia. But there are ways to spend it. You can exchange it to dollars before you can use it. Like in Philippines you need to have wallet that is the best but worst in charges. Coins.ph wallet is the most popular BTCitcoin wallet in Philippines. You need it to cash out your bitcoin into Peso. But I think there are some parts of Asia that accept bitcoin. I read a good news that McDonald will accept BTCitcoin in the future.

I am from Philippines, and our government, may not be literally accepted or banned (or maybe soon, will regulate) Cryptocurrency, but they still want us to be careful for using Bitcoin as a currency because of being volatile and not backed up by any central bank. Well, for me, being accepted in Asia is not a bad thing at all.

In the Philippines, the bitcoin was not banned and the central bank of the Philippines have a warning to all bitcoin user in the Philippines, be careful in hackers.. Until now the central bank have meeting about bitcoin..  People used bitcoin not only in asia but in whole world.. Students, employees and all other people used bitcoin

may be that's true, but not all countries in Asia have legal laws for Bitcoin, for example my country(IND/INA)  :-[does not yet have a legal regulation on bitcoin

also in philippines.

This is the most dangerous situation. Just like what happened in my country (India). At first, the government only issued warning regarding the crypto-currency usage. They were saying that we must use crypto at our own risk. But once the prices sky-rocketed, the tone changed. They started sending legal notices to anyone suspected of using Bitcoin.

It is not really said by the government that we should be careful of the bitcoin but a ton of news saying about it, i havent heard about our goverment talking about bitcoins, im also from philippines. Though there are one of a documentation from a channel here in philippines saying that we should be careful of bitcoin because it is scam and there are a lot of fake news about bitcoin. Though i think later on the BSP or our bank will really takes place of the bitcoin.

Indeed bitcoin in Asia is now becoming more popular, and many use bitcoin to make investments for big profits, although in Asia many countries have not received or can not legalize bitcoin, hopefully bitcoin can soon be legalized in my country.

Bitcoin in Asia Is so popular.  Because for me everyone will used bitcoin. 

Asian countries should really adopt this great technology specially those who are in 3rd world country. Its really scary when you receive notice from your government because you are using bitcoin but I am still optimistic about the future of bitcoin that every country will finally accept and use it, it will happen for sure.

I think that cryptocurrency is acceptable in some countries in asia because here in the philippines, most of the governments does not really care about bitcoins but the only bad thing about it is that, There are some companies who are creating black propaganda about bitcoins, Most of them are the banks that losing their own investor.

the concern of a country if it does not care about bitcoin is the performance of the banking to be disturbed. many of the investors are investing more money in cryptocurrency than in the bank so I think that's the cause of the black campaign from banking because they are losing in the competition for the investors.

Bitcoin is international currency and exactly in Asia, it's the most developed, especially in China, where the number of bitcoin users and miners is the biggest. I think exactly in this region bitcoin will be mass adopted firstly in the world and in this example, other countries will start to adopt bitcoin as well.

Even though Asia is one of the places where Bitcoin is really very popular, there has been a lot of crackdown on them from most of the Asian governments, It started with China and they settled on regulating it and now the South Koreans are threatening to ban it as well.

Bitcoin was popular in Asian countries like China, Japan, Indonesia, South Korea, India etc. China was the biggest trader as well as bitcoin miner. Biggest mining farms were from China. Going one step ahead Japan has taken initiative to setup bitcoin ATM centers. But later on China banned bitcoin currency from their economy by having security reason. After that countries like Japan, Indonesia, Korea also banned Bitcoin currency. India has not banned bitcoin yet but Central bank is warning bitcoin investors and traders against use of bitcoin. This is bitcoin`s status in Asia now.

It is very much accepted in asia. I believe South Korea is currently giving bitcoin a hard time but haven't read into it that much yet. Could be why bitcoin is slipping back down. But everywhere else like in south-east asia, there's not much bad rep regarding bitcoin.