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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?

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.

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.

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.

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.

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.

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

This is a 2017 article but I think it can still be used as a basis Cryptocurrencies by country (https://blogs.thomsonreuters.com/answerson/world-cryptocurrencies-country/) Based on that article, we can see that countries in Asia are not unanimous in terms of the legality of the use cryptocurrencies.


https://blogs.thomsonreuters.com/answerson/wp-content/uploads/sites/3/2017/10/cryptocurrencies-infographic-1.jpg
View full image here (https://blogs.thomsonreuters.com/answerson/wp-content/uploads/sites/3/2017/10/World-of-Cryptocurrencies-graphic.pdf)

I disagree with you, China is not a crypto-friendly country, although they did not ban bitcoin ownership, but they banned cryptocurrency trading last year. Perhaps they do so because they want to develop their own currency.

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.

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.

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.

China is planning to have their own stablecurrency like, but still considers as cryptocurrency. For now many investors are still came from China and  in terms of mining they are present too. The trading and regulations are not still smooth for them, but based in topic Singapore, Japan ,Korea and many asian countries are open for adoption of crypto except China in terms of being decentralized. Soon as the technology improves many business will accept that crypto is a next big thing in Asia.

If something is banned, it gets more attractive

True, in Indonesia there is no prohibition on cryptocurrency even now many products adopt blockchain, the government does not give any rules so I think this is very friendly in Indonesia. Singapore, South Korea and Japan are developed countries so it can be called friendly.

Yea, they are be the biggest market for crypto. But it is not necessary because of their population, it is as a result of their development. They are now more technologically driven. In as much as Africa is having troubles with internet access, I still think it can still be one of the biggest markets. And crypto’s real use will come when block chain technology becomes a bid deal in the tech space.

The government's stand on cryptocurrency has had been playing that big role in the growth of this industry in this side of the map. Take for example how the cryptocurrency industry got almost into a halt when China decided for the ban, although Bitcoin can still be owned and traded P2P in China they are not doing it on the open anymore for fearing of government reprisal. There is nothing to change in the regulation when the government regulating is adamant on its strong position not to recognized and regulate the said thing.

I agree with the assessment that there is that big potential in Asia to contribute a lot towards the growth of cryptocurrency particularly Bitcoin. Even without China recognizing Bitcoin, Asia remains a big powerhouse in this industry and it can be safe to assume that visible growth can be seen in the statistics. Just imagine had China and India openly embracing Bitcoin albeit in a strict and hugely regulated environment, there could have been an explosion here not seen anywhere.

Scams and frauds which utilize cryptocurrencies are also playing a big role why many people seem to be detached and afraid to join the cryptocurrency bandwagon. Certainly, when you are burned even just once it can take a lot of time for you to change your impression and mindset. Losing money in many scams around, people got convoluted view on cryptocurrency.

I am sure there are many reasons why up to now adoption of cryptocurrency in Asia is not that very rosy but as I said the potential is really there so we might be requiring some time for this to happen. Japan and South Korea are both countries qualified to be poster kid for this industry. Anyway, the industry is still young and there is no need to fast track things when it is not possible to do so.

No doubt that lots of funds from crypto circulate from Asia that includes China. Only few from Western Country since projects have tight security when it comes to term. If all countries can cash in more investment I think marketcap can blow out so big again. Its good some country are now embracing crypto, and expected to influence other countries. Malta is one of the country that reshaping the regulation for crypto. Yes, it's small country but I do hope some other country follows.

You did not get the point I was talking about, what I mean is in Indonesia you can freely trade it and owning cryptocurrency. But there is a law prohibiting people to use it as a form of payment because it has not been regulated yet by the local government. Unlike Australia and Japan, you can trade it freely there and treat it as a form of currency.
adopting cryptocurrency as a form of currency in those 2 countries is possible but in Indonesia you will not be able to.

Right, in Japan it is fully legal about crypto. And in Indonesia, you only can use it as commodities or maybe investment. By the way rules sometime have bad effect too because people in Indonesia will take the risk by themself and no regulation means they're not protected (IMO).

As an Indonesian citizen, I can already see that currently the development specifically in my country is quite strategic because many people have started to know about cryptocurrency investments. plus the State has given a stance regarding cryptocurrency that is not prohibited in my country. but as an investment it is not a tool for payment

Just like a lot of countries in Asia, cryptocurrencies are not accepted as a legal tender because they are not under monetary laws as currencies. Well, how could they create a law on cryptocurrencies as a currency with all the confusions about regulation regarding circulation, volatility, blockchain, and other technicalities of it? Countries are still getting the hang of cryptocurrency as a currency and not just as an investment, asset, or security. 

Asia isn't that strict when it comes to regulations unlike in the US, as you can see there's an ongoing hearing for the Libra project. That's why we can say that it's one of the biggest market ever. But once all the other continents started to tune in to this market, they will dominate it. So far, what we can see right now are those countries that are open to crypto and the other nearby continents are still in the phase of learning the pros and cons of it if ever they will regulate it.

yes you are right Asia can be a big market for cryptocurrency because its population reaches 4.6 billion. and in my opinion cryptocurrency only takes time to get to mass adoption. I see the development of crypto in Asia is very positive. in my country Indonesia cryptocurrency has been established as a commodity subject that can be traded on the futures exchange. and in other countries such as Singapore, the Philippines, Japan and Korea crypto have also begun to be accepted as digital assets and in some of these countries there are legalizing bitcoin as a means of payment.

I certainly agree with you. With Asia's huge population, it could really be the biggest crypto market. Honestly, most investors are from Asia. Countries like the Philippines, Indonesia and Japan are open for crypto adoption and acceptance. Most merchants from these countries are also starting to accept crypto. In our country, lots of us are into crypto adoption not just for investment but also as a mode of payment and a second currency.

Of course the regulations are the main reason preventing adoption, what else could it be? How is a possibility of changing regulations somehow raising adoption when they can't have them or use them
in the mean time? Or did i misunderstood something. They have most potential markets for sure, because of the population, but the local governance is pretty harsh with it penalties.

In India it was planned that even promotion of cryptos was going to be illegal, not sure if that did pass yet, but i think that you have to be pretty optimistic to come back to full adoption from that.

No real use? are you blind there are lots of ways now to use crypto people are just saving their cryptos because they believe that it will increase the price when the huge adoption comes.

It’s quite true, for how many years I have been studying Asian cryptocurrency markets and I understand that it is in Asia that the largest number of investors who invest in cryptocurrency and most importantly that a lot of Asian countries want to work and cooperate with cryptocurrencies and cryptocurrency technologies, so I often invest in cryptocurrency companies located in Asia and where the team itself is also mainly from Asia.

The Philippines is also crypto friendly as you can see from the many new exchanges here based in the Philippines and all of these are approved by BSP (Central Bank of the Philippines). Bitcoin is also legal in this country and is also applicable to other transactions such as online store purchases and so on. So it is not surprising that the number of people discovering bitcoin has increased and it is increasing day by day!

Reputation is still one of the problems that cryptocurrency is facing, because there have been quite a good number if projects with good products amidst the scam projects, yet there are still some setbacks.
Let crypto be accepted worldwide and let regulation that favour s it come it, you will see the great change. Although, many of these good projects these days, want to have presence in Asia.

True, the regulation can be changed, but if there was at least something, businesses and institutions would know that the government is serious about regulating crypto. As it is right now, there is no certainty, and they won't invest in something that can be banned 2 days later. Regulatory uncertainty is not the only reason, but it is one of the bigger ones, no doubt about it.

Asian cryptocurrency or even the worldeide cryptocurrency market in dominated by china.
Many rich people in china invested their assets into crypto currency and their country is very populated, and as we know chinese people are really close with each other. I think markets price will have a movement when they are doing mass sell or mass buy to crypto currency

Asia is where the most of the under developed countries came from. Usually Western Countries are fully developed and independent they can stand alone. That is why they usually or rather don't accept bitcoins 'cause those countries don't want other factors affect their economic situation. On the other hand, Asians although there are some who banned crypto usually those are in the progress and fully developed countries, but most of them are on the state of regulation itself specially those who are under developed that is why the crypto market are big around Asia.

True. I do agree with you.

Mostly populated by now and merchants could make a lot of money if given a chance to give consumers an option to use bitcoin instead as means of payment.
India, Indonesia, Philippines and other countries there specially Japan which already made a big leap into making bitcoin as a legal means of payment.
If only the government will support it then it will not be a problem. Merchants will have an easy way of making fast transactions.

You said most of it all. Asia is the most populous world continent and the level of illiteracy is a bit low. This is where the easy access to the internet makes them easily get knowledge of blockchain technology and what it represents.

The reality now is true that Asia is the biggest crypto market, anything related to technology is definitely more easily accepted in every country in Asia,  it's just that bitcoin regulation as a means of payment is indeed more difficult to be accepted by the government (except Japan which is already legal). and if i am not wrong, several countries in Europe are also already partly legal for the use of crypto currencies.

I think thats wrong notion, I still believe that the regulatory issues was the biggest challenges of the cryptocurrency industry elsewhere, Because you cant apply decentralized finance on the centralized government finance and Banking system thats contradicting and opposite in direction thats why it needs to be balance first, But some countries are already created a unique regulatory guidance that allowed cryptocurrency to thrive for example the Philippines the government has not forbid its citizen to invest in crypto trading even some centralized banking system has own already a cryptocurrency ATM's, including a cryptocurrency stablecoin back with local currency. I think majority in Asian countries is now open to accept cryptocurrency except both china, India and some middle eastern countries, that always changing there minds.

Asia has always been a place of investment for economic progress and many investors have succeeded in investing in Asian countries, as well as investing in crypto and altcoin will develop in Asia, but in my country the development of cryptocurrency is slowing down a bit and late and the government in my country is still has not fully recognized crypto as a valid currency

India and Japan are very active on blockchain market. Japan banks made an agreement with Ripple and I do not know when they will start operating with crypto, but this will give a huge boost to the whole industry.

PundiX (https://pundix.com) can be a project that you are looking for. Most of the team member is Asian and the goal of the project is to create a payment system that can be used around the world. Indeed, there are big projects created by Asians, just look more carefully. Or are you waiting for governments movement? If that is what you want, it is still too early. As the mass adoption proceeds, everything will spontaneously be as it should be.

The Blockchain project these days is targeting Asian market because of many countries in Asia have embraced cryptocurrency like Japan, South Korea and Singapore. Recently an article published by Coingecko (https://www.coingecko.com/buzz/state-of-crypto-markets-in-asia) stating that the crypto has shifted from a Western-dominated industry to a very Asian-dominated industry.

Reasons why Asia will lead the crypto market:

• Cryptocurrency Mining Is Now Largely Asian-Dominated
• Staking is Also Largely Asian-Dominated
• New Exchanges Are Mostly from Asia
• Singapore Leads the World in ICO and IEO Issuance
• Asia Is Leading the World with Innovation

Source: https://www.coingecko.com/buzz/state-of-crypto-markets-in-asia

Not aware about those information and I'll like to thank you for feeding us the link so readers can follow and check out every details that being written from that article. It's a good thing that more and more people from Asian countries have the same insight regarding to this system, with more adoptions that will happened especially those places from Asia who do have large populations it will lift the market and value will rise due to demands.

I agree with you. not without reason I say this, because it is a fact that almost all Asian markets dominate the crypto trading volume.

I don't think regulation is a major factor. when news emerged about the country of China which implemented very strict rules on cryptocurrency, this had no effect at all on the development of cryptocurrency in Asia. I feel that the main factor is the lack of trust among European and American investors in Asian projects and markets

it is just such unfortunate that majority of asian country have quite low capitalization compared to western countries. Despite the massive amount of people living there the wages are quite low and therefore will only drive a low capitalization. as I've seen the market is still dominated by the capital from eastern asian and western countries overall. But, if in the future asian countries could strive to reaise its GDP per capita I'm pretty sure that it will be the biggest crypto market in the world. Even now asia has turned into a strategic market for startups.

not really . im not sure if you heard about the china issue lately ? where they ban some crypto and also the crypto mining .  china is one of the large country in asia and on the whole continent/country as well but like what you said , people still use crypto again because the ban on china latey was lifted and now they are still back on business again  . about the law , there is a law on some countries including imprisonment and others  but that if their government stated it  .

I think isn't about investment, you take Japan as an example where bitcoin can be use a lot of things such that online market that can be use as cashless to pay.  Although asians are conservative people and traditional I think they are open to talk about cryptocurrency.  Cryptocurrency has a potential in the asian market than american who are a quite sensitive going up to banning their citizen to join bounty campaigns.

I did not realize that so many exchangers are quite well known and I often use them from Asia such as Digifinex, BW, Okex, binance and others. however, Asia is good enough for the cryptocurrency marketplace, and even in my country, the exchanger has a license, well for crypto users like me, that's quite a relief.

I don't know if Asia can be the biggest marketplace (I hope it can), but I know that other continents also have considerable potential in this regard. wherever that is, I think it will be a good advantage for cryptocurrency users.

Well you are definitely right, my first time of knowing or hearing about crypto was from a Chinese friend, when he mentioned bitcoin to me that I should read about it, everything sounds like magic to me until I take my time to study about it. Asians are the highest crypto currency user's to me

You are right there are many crypto communities in Asia, because supported by adequate equipment, China has the highest number of miners. Japan also provides support for alternative cryptocurrency payments. and several other Asian countries do not prohibit cryptocurrency (bitcoin) except China.

There is no real use that can really be applied to crypto? That's because its value is getting higher, many users in Asia especially view bitcoin as an investment asset. In my opinion regulations are not burdensome unless there must be identity information for transaction security. Maybe an alternative payment other than bitcoin like USDT (stablecoin) has to be doing.

Its not true that there are no real use of the crypto, there are projects that we can actually see how their tokens can be used to purchase products. The only problem is that there is not many of the people in crypto are buying the products since mostly are seeing these tokens to b an investment not for the purpose of buying services. Its the same situation with BTC, whle the rest of us are using it to buy products and services probably more than half of the community are not spending BTC but saving it for profit.

Actually the use of cryptocurrency in the real world has been applied, but only in certain communities, it has not yet reached a global scale. Of course, this is related to issues of legality and effectiveness. That is why, in some countries, cryptocurrency is only permitted to be used as an investment and commodity trading tool. Of course, this regulation can change, there are still many possibilities that can happen, even that we never thought before because it is still the initial stage of cryptocurrency development.

The development of cryptocurrency in Asia is quite good. The facts above prove enough. As an Asian citizen for some reason I'm quite proud of it: D
Other than that, there are several potential exchanges such as Huobi, Okex, Indodax which are the target of trade.

There are many crypto communities in Asia and several countries have also stated their support for crypto especially bitcoin. but the Main power in asia like china is currently still difficult to accept this technology. many current regulations are deterring mass adoption. that's why even though Asia is the most potential market but there has not been mass adoption there.

What kind of mass adoption do you mean? technology adoption or crypto user adoption? I think the adoption of technology has grown rapidly even many large companies have begun to develop their own cryptoqurrency like Facebook companies. and if the adoption of crypto I think has started a long time ago, precisely when the price of BTC was able to reach the highest price in cryptoqurrency history and from there began many newcomers who took part in it and I am sure that over time the adoption of crypto will continue to grow and increase in the future .

asia already is the biggest crypto market, of course, it can definitely growing much bigger

I believe that in the future Asian will become the biggest home for cryptocurrency. Why is that? Because the most of Asian continent consists of developing countries, so it is very potential. But the problem now is regulation, even though cryptocurrency has grow big, but if it does not get support from the government, it will be useless, because we will never be able to use what we have built and developed so far.

Being populous doesn't mean that the country will be the biggest user of crypto currency. Literacy rate and technological development are also the factors that matter when it comes to the usage of crypto currencies. A person who has little to no knowledge about how to use a modern computers like a phone or a laptop won't be able to use crypto currencies.
Are you sure there are no regulations currently? As far as I know, most of the Asian countries are actually against bitcoin.

Yes, I think Asia can be deservedly called the flagship of the cryptocurrency industry. The only problem is that at the moment Asia can not affect the world economy. To date, the entire global sector of the economy belongs to the United States and in the near future it is unlikely that something will change. Here you can draw a parallel with cryptocurrencies (USA-BTC, Asia-altcoins)

Those countries you mentioned were not crypto friendly,in China ban on ICO related things,in India banks restricted no legality on Indonesia yet so there are people but not much to influence the government to accept it as legal form of payment.Regulations can't change things for crypto users but for traders it greatly affects so we need to use cryptos more than trading it.

im sure people will hold their crypto now than pay something with their coin, especially bitcoin. bitcoin price is down, but many people hope and believe that someday it will rise and give profit to them, thats why they hold it.
sometime government will do what people want, it mean, when it good for their country they will do it, but we never know if bitcoin be currency and be payment method, so some govenment still make research for this situation

A lot of big projects in Asia has emerged and it definitely is the biggest market to enter, especially if you're a project that is trying to raise funds.  And I think the reason why is because of countries in Asia are more crypto-friendly compared to the west. They also have developed revolutionary projects that can disrupt existing systems, like a crypto streaming (https://www.bitmov.io/?utm_source=lx) platform that can rival Twitch+Netflix because of crypto integration. Projects who are aiming to help adoption will surely attract more people in the market.


It can be if Asia keeps evolving, Korea is catching up with the technology and are aiming for wide-spread adoption.

Yes I totally agree with your opinion, in the longer term in the future, Asia will still be a place for cryptocurrencies to grow, most people who care about cryptocurrencies are only investing, a very few only the technology will be concerned. Later regulations will probably be better established for this electronics market and may make it more stable and developed.

Some government of a certain counties, have no awareness on cryptocurrency that's why I understand their feeling about it. Once there's a proper way of introducing crypto for a specific country and they seem to see an improvement of economy, there it goes payment method will be diverted to digital currency. For now let's wait for further developments of crypto in asia, and as holders increasing numbers for sure we will be one of the top crypto patronizers.

Once these popular countries will start to accept crypto; then, Asia will actually the biggest cypto market. If this will happen, this will also give an influence to other countries to expand the market range. This will give a huge changes in the msrket especially on its price.

I just think of one thing and is that Bitcoin was created from Asia, and by an asian just assuming from the name itself because it sounds like a Japanese though. Besides, non-Asian countries are quite advance, and developed nonetheless, they are not in need of boost for economic growth such as accepting crypto because they looking towards crypto as an enemy in their economy progress, it might possibly affect them which is I think are far away that could possibly happened.

at this moment asia already the bigggest cryptocurrency market.if we top crypto exchanges all them come from asia.we can look at binance,huobi, gate io and many other.market power still dominate by china and korean.so when adoption coming and started , this countries and ofher asian will totally support .there are many compnies and online merchants will accept it.

Is it already a reasonable argument to say Asia is already the biggest cryptocurrency market their huge population gives them a massive edge over other continent but they still have challenges with ban, religious beliefs and localism

And China has started to a lot of things for this. In general, crypto adoption in asia is much better than other regions

I totally agree as you said, Asia is a continent with very high density of crypto users, especially since internet networks are everywhere and we can see a lot of excharges that are present in Asia, so it is very sure that Asia is a user crypto is quite large, although the United States today is a developed country, but in the world of crypto in Asia more superior.

You are right, but many Asian countries have banned the existence of bitcoin like China which is very hard to forbid its citizens to touch bitcoin, then India is also like that because many people in India misuse bitcoin such as money laundering, terrorist funding etc.

In Asia, cryptocurrency is very popular, so the largest cryptocurrency community is in the Asian country. many prohibit cryptocurrency
related by goverment, so the development of cryptocurrency is less rapid. Moreover, there are many of the largest and most popular
exchanges many  of asia in other words asia is the biggest crypto market. Asian people are very enthusiastic about cryptocurrency.
So In the future,  I hope that Bitcoin will be accepted globally starting from the Asian countries that legalize it. Hopefully bitcoin
can become a recognized  payment instrument in the world.

I am from the continent of Asia. Anyways, Here in Asia there is a huge population of crypto users or people who invest their money in cryptocurrency, that is why Asia could be the biggest market for crypto. Also, most countries in Asia are educated and has technologies that they could used in cryptocurrency, and just like you have said continent unlike Africa they have troubles in getting internet connection and most of them don't have enough technologies to used in cryptocurrency.

It's only country that rather really strict or authoritarian country that usually prohibit bitcoin. Country like japan is a lot more welcoming because they are really fond of technology and it seems there are emerging market in south asia and southeast asia and if all those are combined it will definitely make a big market despite the lack of money because as you now they are still a developing country. However it is totally understandable in india's case if it's true what you said about the criminal activity in there, bitcoin will indirectly take the blame because of that.

yes as growth with popularity within the limit on field of entrance as more of developer to works on customs as referring with uses of product and service on option as offers for public audience, the extensive on progress might be as one with the further on terms as chance with moderation as more of parties to gains with uses with advantage on applying the casuals on customs as the blockchain on occupation with daily scheme of entrance on field of business with the manage of entrance.

Singapore has become one of the most strategic countries in Asia. in Singapore many project developments are being carried out. Also in other Asian countries, the attitude is that many support bitcoin. for example Indonesia, the government has given permission as an investment.

Korea has been avid for a long time actually, we all know the Chinese market and everyone keeps talking about that part of it but Korea and japan has been getting into crypto faster than any other nation.

Korea has exchanges that are big in the list and the Japanese crypto world has been one of the biggest, they did a "bitcoin debit card" type of deal like 5 years ago way before anyone else (no other country actually has one), so saying that china is the big player is kinda correct but also wrong because they are not really fan of it as a government but the people like it whereas japan and Korea has pro-crypto governments as well that help the mainstream adoption of it go high as well. Asia is not only "maybe in the future" big, they are currently big as well.

China only prohibits ICO, mining and everything related to money laundering. but not with blockchain technology, a few weeks ago I had read an article about china planned to launch their own crypto coin and be used as a substitute for their currency.

some examples of articles that I read https://www.bloomberg.com/news/articles/2019-08-12/china-s-pboc-says-its-own-cryptocurrency-is-close-to-release
https://www.techradar.com/news/china-set-to-launch-its-own-cryptocurrency
https://www.cnbc.com/2019/10/15/china-races-to-launch-a-cryptocurrency-that-could-rival-facebooks.html

and for India or Indonesia, I really do not really know what happened there. but I think that country still has hope for crypto.


yes you're right, adoption there is higher, even if it's just for investment. but we need more than that to make crypto grow.


streaming platform is good too, maybe it can be a profitable business model for crypto in the future.

and korea, i forgot this country. indeed this country began to do a massive development for crypto. It looks like they want to defeat Japan as a bustling crypto country in Asia.



No, the world economy is divided between China and America. unfortunately China still hasn't gained much influence. an example of yesterday's trade war problems between China and America. many say there is no winner, but actually china is better. they are not too affected by the effects of it. while America began to shake. so if China does intend to launch their own crypto, this will be a major breakthrough in the crypto world. although many say the centralized coin is not crypto, but still it uses blockchain technology. so something will definitely change if China does it.

work together, that's all? Come on, there are lots of big companies working with one of the crypto companies, but nothing has changed. because there is no real use resulting from that.


no, I'm not looking for a crypto project. after all, I already knew about the project. what I want to know is the reason why Asia is a potential market, but can't maximize that potential. what the project developer thinks, regardless of regulations. why they just stopped at the idea, while many innovations that they have introduced.

i take the example of the project you said, PundiX. the project focused on crypto payment systems and their platforms are already operating in several countries. simple like this, if they are able to operate it means they have no problems with regulation. then why did they stop at this stage. they don't want to develop. even though it's easy if you want to create mass adoption. they just need to work with more merchants, so that their Platform (XPOS) can be used anywhere. but they don't do that.

China's president Xi Jinping just encourage countries to accelerate the use of blockchain or adopt blockchain in the article of cointelegraph. Interesting to read that a president from a country who ban BTC are the ones calling for its fast adoption. But really seem to make sense because they are releasing Chinese digital currency right?

Once China finally release this digital yuan of them, we really could be seeing a more revolutionary things that could happen. Just imagine Asians using Yuan as base currency and not USD anymore.

Looking at the development of crypto currencies in Asia today, it seems likely that Asia will become one of the largest crypto currency markets in the future, given the large number of exchanger-based ico / ieo projects currently making Asia their target market and I think of course projects These ico or ieo projects will realize the development of their project so that it can become one of the decentralized exchanges in Asia

Binance is one of the example an exchange from asia that can go to worldwide.
Asia's market or especially chinesse has very populated crypto users that hold much btc.
So, i think Asia will beat america in cryptocurrency ownership dominance

Population is surely a major drive to a nation's development or adoption of an emerging technology. China has the population. Africa has the population too. So it's only a matter of time that we will begin to experience significant real use cases.

Yes of course it is very strategic in the Asia region especially Southeast Asia, because the regulation in singapore is very easy not difficult compared to other countries. Singapore is more concerned with an investment so why are there many project developers located in Singapore.

I think China will be the first to start mass adoption of cryptocurrencies. China will begin adoption when fully exploring cryptocurrencies. Let's see what happens next.

In some Asian countries, regulation is not an important issue because crypto has been treated like a commodity. I agree that Asia will probably be in the forefront of the cryptocurrency market, especially yesterday President Xi has said he will adopt the blockchain to advance his country

Asians are easily attracted to investment, the development of market valuation rates for crypto goes well in accommodating to be simpler without having to go through a complicated legal process "yet"

Southeast Asia has become the axis of crypto economic events, and East Asia has focused on implementing regulated systems. People in the European Union are still more interested in the stock market, there are still many rules that limit the volume of crypto trading there, it can be seen on the Binance US platform.

not the amount of people in the country plays a key role in development but the possibility of using cryptocurrency and use cases. if you have a billion people but nowhere to spend crypto, then what's the point?

I don't think China have mass adoption, Because India have equal population so they also trying to lead future. But right know Singapore occupy the major crypto adoption and they have low population and small city so anytime China and India will occupy the biggest crypto market. I hope Bitcoin will reach globalized soon after that we never think these kind of more adoption places.

Crypto has open a lot of opportunities for Asian regions to compete with first-world countries like United states, Canada, Australia etc.. and i think that is the reason why most part of Asia is embracing crypto so there is no doubt that they will lead the crypto market in terms of population, adoption and demand.

However, China has more capability due to their economic status. They may be equal to other countries such as India when it comes to the population, but still, China made the first step and they advance than any other country because of this move they did.

It would probably will be good if asia will be the biggest crypto market in the whole world because in terms of land Asia is the continent wbo has a large scale when it comes to different good country who are in the first world country in terms of economic growth. Especially China who is a big country that accepts and regulate crypto and blockchain, it would be really become the center of the crypto market when they continues this kind of thing. Especially when it comes to the internet connection the telstra is one of the very good internet connection that have in the asian countries.

With the decision they have taken will help their country in development, according to technology we have now. According to the population, Indian are competitive, but at the same time we see the Indian government is not taking any strong decision like China.

Yes. It might not be that obvious but a lot of Asian countries were actually into cryptocurrency. Developed Asian countries are also leading when it comes to cryptocurrency. Here in my country, digital currency isn't just for investment. It can also be used for utilities payment such as electrical bills, water bills, telecom bills, even loads, and such. What we need to achieve more is for the government (not only Asian, but also the other countries) to sees it as something helpful and useful.

Nice points but you mentioned that there are no regulations prohibiting crypto, but I will like to say there are some laws in some countries (example INDIA) that prohibit crypto. If crypto is adopted in Asian countries especially China, then other regions will follow suit. Just see what the China rumour did to the market starting from yesterday.

There's allot of asian countries already that are participating already to the development of cryptocurrencies. In line with this, it is not enough since not all people in a particular country knows about cryptocurrencies. If and only if we can induce market adoption and achieve almost all the trust of each people, it is the most effective reason why other country should accept crypto as well, as their currency.

After our latest news from China, I am completely sure China will surpass Japan in Blockchain adoption and making Asia the biggest crypto market in the world.
China has passed a new law regulating cryptography and has set a standard for the application of cryptography in their country,
this will bring a domino effect to their neighbor countries because of their influence and their population.

Many countries have adopted cryptocurrency as a payment system in several service provider stores and other products. Does that action not violate the rules? Yes, it may or may not violate. Each country has its own regulations relating to the adoption of crypto as a payment system.
Asia is one of the regions that has the largest crypto market today and they continue to implement regulations on crypto. Not all countries are friendly to crypto, and that is also true in Asia.

I think that we should pay attention to the fact that the Chinese government is nevertheless announcing the creation of its national cryptocurrency in the near future, while the Indian government wants to introduce criminal liability for financial cryptocurrency wraps.  Based on this, I believe that China will nevertheless be one of the largest cryptocurrency markets, especially considering the fact that 60% or 80% of all Bitcoin miners are located in China.

I agree to an extent but not completely when we look at it in the aspect of Africa, Asia actually has more advantage in term of their population, and in terms of their level of exposure to technology, so definitely the biggest buyers and users of cryptocurrency could be from there, but if we are judging it by internet accessibility, I think that Africa is not lagging behind.

If you check the record for the list of countries by internet usage, you will find the largest city in Africa ranked as the number 14th in the world which I think it is a fair rank, which means that they will also play a major role too in the development of cryptocurrency in the world, but Asia is still the most important continent in this usage of cryptocurrency anyway.

Yes, definitely. I have seen more investors frame Asian countries in Cryptoworld than European countries.   Indonesia, Malaysia,  Philippines and south korea and  are among the top investors.

BIG NO, US is the biggest crypto market in the world. i have no doubt if they lead cryptomarket
many whales come from US, they are true whales!

10 Countries with the Most Bitcoin Hodlers (https://usethebitcoin.com/10-countries-with-the-most-bitcoin-hodlers/)
3 countries host over 50% of the world’s Bitcoin nodes (https://thenextweb.com/hardfork/2019/02/27/3-countries-50-perecent-bitcoin-network/)

oh really ? im from asia too and its nice to hear that  . its somehow prouding/proudful since you are one from those who live on those countries but that might be true since that what i also see  . alot exchanges that i visit and i can see that most of thier team members are from asia , also on other crypto projects as well but this does not also mean that the project is purely based or came from the asia   .  you know , other aisian dudes/gals are also sometimes migrating on many parts of the world .

right, although many projects from Asia do not guarantee that they are really from Asia because the team and maybe the developers are from outside Asia. i still can't find the right source for data like this but so far what has happened and is very influential for the crypto market at least that is from China, therefore it is indeed very possible that the biggest crypto market is indeed from Asia although in reality every issue from a big country will have the indirect effect on the crypto market

So, after yesterday, I can say Asia is already the biggest crypto market. The president of China endorse the Bitcoin now, after china, Indonesia, India, Korea are the biggest crypto supported country. Vietnam, Philippine also the crypto \friendly country. So, there is no doubt that Asia is the biggest crypto market indeed.

Those threads are old now. Look at the crypto market, all the big exchanges are from Asia, Even China president endorsing the cryptocurrency and bought 21 Million Bitcoin, which is a big surprise for the world. However, If Asia is not the biggest crypto market yet, then soon it will be.

big exchanges are from asia, doesnt mean that biggest crypto market is on asia too. those exchange being big long time ago
those research was done feb, 2019. but the result still shows america is the biggest.


at least, if you wanna proof it. gives me/us the data research.

I believe that they can achieve it, especially after Xi Jinping´s statement, that China will strive to become a blockchain superpower. USA and Trump is pretty sceptic about blockchain, cryptocurrencies and Libra. This can do a lot of harm to them in the future. Always it is better to adopt new technology before someone else does it before you  :P.

This might be through as they are really waxing strong and ensuring crypto is highly recognised. Asian are trying in tikes of crypto market and publicity

The legality of crypto as a payment system is always questioned and is a concern of many people because of several government restrictions.
Asia is a collection of large countries that have many opportunities for crypto, I come from the Asian continent, but it is very unfortunate that I can only buy altcoin for investment.
and sell some of the proceeds from the bounty work in exchange for BTC.

Asians have always had their arms open wide to innovations and they evolve faster than any other continent I have considered tech savvy (in my opinion). The way they deploy solutions from new tech innovations make me feel like they have heard a prophecy before time that involves them taking the lead amongst others. They are in no doubt the biggest players in the crypto space today

Most large countries are afraid of Blockchain because if this technology develops, the demand for investment in this technology will increase so most governments always prohibit people from discussing this issue. Currently, recent news is strongly supporting Blockchain technology and China is very active in this issue so it is hoped that this will be the next country to legalize this market.

Someday if everyone uses Bitcoin to trade, this world will be better because this is a coin that is not controlled by anyone in the financial market.

It can be, Korea and Japan headed the frontline, they have their own exchange and so many of their companies are already using Bitcoin, but China and India are still questionable because they have voiced out already that they are against Bitcoin, if the two change their stand Asia could become a good region for Cryptocurrency growth.

Since Asia except China been accepting Crypto without any doubt, they are open for adoption and application of using it to improve their services, placing ATM in their different countries and accepting business operations that support crypto currencies are highly appreciated in Asian countries, while China just recently accepted it despite of many times of denying its benefits it can give to their country.

I totally agree with you Asia is no doubt the biggest crypto market at the moment. In Asia China, India, Indonesia, and Pakistan are the most populated countries and if these all countries investors data collected then i am sure this will be more than the rest of the world.

Already is mate. Asia has completely taken over the market and countries like Japan, Korea and Singapore have taken over the industry and where some of first early cryptocurrency adopters in the world.

With the recent announcements by China and its president, it is very possible we could be looking at the start of a crypto revolution, with China being the forefront of it and leading the charge with the very first national cryptocurrency. Fiat is actually facing some real competition now, especially when entire countries end up adopting the technology.

There is no doubt about the fact that Asia can become the top leading cryptocurrency market across the globe. As the Chinese president, Xi Jinping, expressed his interest in Blockchain technology and Bitcoin, the adoption rate can increase incredibly when structures are put in place to promote crypto in Asia.

with china power only they could make cryptocurrency market moved extremely.every news from china , good nor bad it have huge affect that will responsed by investors.i could not imagine if countries above unite and release something good news , maybe bitcoin and altcoin will immediately hit new all time high ever.asian still be main player in this market.

China is a big economy in asia and many of crypto users coming from asia anyway. It's a no brainer to expect such massive effect when China releases such a thing.
I've seen there are news from US aswell regarding crypto in the past but the impact is not as huge as one from china maybe because china rarely speaking about crypto tho after their declaration of prohibiting it however it's like an oasis in the center of desert. Not to mention that most of the capital possibly coming from east asia including china in the past. Southeast asia despite being densely populated still lacking the capital.

Asia is already the largest market for cryptocurrency. From the exchange data, it is clear that the volumes for [China+Japan+South Korea] is greater than the combined trade volumes for United States + European Union. One of the reasons is that Asian fiat currencies tend to be more prone to devaluation when compared to those in the EU/North America (especially CNY and INR). On top of that, Japan was the first country, which implemented pro-Bitcoin policies and regulations. Other countries such as Germany and Switzerland simply followed the example that was set by Japan. 

The population of Asia is very actively interested in cryptocurrency. Many cryptocurrency exchanges are concentrated there now, the volume of cryptocurrency trading in this region is growing rapidly. Therefore, Asia has actually become one of the leaders in introducing cryptocurrency into our global financial system. China is also moving slowly in this direction. Although they are looking for their own path to cryptocurrency, however, this large state cannot do without integration with the rest of the world.

in fact Asia is so easy to accept the development of the times so that crypto can easily in people who are enthusiastic in their economy ,each individual also helps each other to learn knowledge about crypto no doubt the biggest crypto market is indeed in asia

I completely agree, Asia has indeed the potential to be the biggest user of crypto.

They say that population is power, and it is true. Just look at China and India, they are rising world powers mostly because their population is so huge that they have more chances of giving birth to geniuses and game changers. If Asia can get it's people hooked on crypto theres no stopping what one can imagine. Bitcoin and crypto value will rise so high and it excites me more than anything.

Need more understanding to be able to accept crypto than just an investment, even i feel that crypto enthusiat have not been able to find ways how to accept crypto in a mpre tangible use than just an investement.

I'm agree that Asia can be the biggest crypto market and China will leads it, I see China government always push the citizens to adopt many new technologies as much as they can.

Considering the fact that almost half the world's population is concentrated in Asia, I won't be very surprised if Asia dominates the cryptocurrency market in the near future. But at the same time, we need to admit that Asia was a late entrant. Before mid-2013, Asia was an insignificant market as far as cryptocurrency was concerned (with Japan being an exception). It changed after mid-2013, when the Chinese users flocked to Bitcoin in droves.

While talking about cryptocurrency in Asia, we need to make the distinction between countries that are supportive of cryptocurrency (such as Japan, Philippines, South Korea and Singapore) and those who are very hostile to that idea (India, China, Nepal, Bangladesh.etc). The recent signals from China are encouraging. If the Chinese government ends its blind hatred towards cryptocurrency, then it can benefit everyone.

Asia's regulations appear to be more lax than those in Europe or America. This could be a way for cryptocurrency adoption and predictions that Asia will dominate transactions in the cryptocurrency market will happen

The more people you have, the more users definitely you are going to have for your project. There is no doubt that both continents i.e. Africa and Asia have large populations and this is why every market of the world wants to target them to generate great revenue. This is why crypto market suffered some serious declines in values when china stops using crypto or bans officially exchanges in their country. While when China announced that they will adopt the blockchain technology then a lot of investment came to crypto market

yes you are right OP Asia has the potential to become a cryptocurrency market. if more and more Asian countries support and adopt the blockchain then I am sure that cryptocurrency can develop rapidly in Asia. and news about the president of China supporting blockchain will encourage other countries to adopt blockchcain and cryptocurrency.

Tighten your seatbelts for the biggest crypto drive we've never seen before, everything that altcoin investors have been waiting for will easily come to past now, i will keep building my portfolio for 2020 because i believe this is the last chance to get your hands on cheap tokens that won't be cheap anymore soon

many hope crypto will develop well in Asia but it is important to know that there are still some countries that have not been able to adopt blockchain technology due to lagging. if there are countries in Asia that are able to influence other countries to adopt blockchain technology then I'm sure countries that are not currently ready to adopt it can think again to adopt blockchain technology

That is true that asia have the chance to become the biggest crypto market as we know that Asia is the biggest continent in the world and in asia also can found the different countries who has a good internet connection like China russia and etc. This can be a good sign that asia can be the center of the crypto market because biggest country like them are allowing crypto in their country and also this countries has a good internet connection and sevices.

I don't know but i have a thing for asia projects, either bounty or new projects they mostly turn to success, i think asia continents have high interest in blockchain than others ,look at gowithmi, nestree, zeux, celer network etc they are all good projects

Asia is currently leading the cryptocurrency markets, but at the same time, most of the scams and hacks have targeted the users from this region. Almost all of the exchange hacks have targeted cryptocurrency exchanges from Asia. Also, some of the biggest scams (such as the PLUS token scam, which stole more than $3 billion) had their origins in Asia.

I think that currently Asian have a great influence on cryptocurrency price movements because some time ago China stated that providing support for cryptocurrency and could make bitcoin prices increase and cryptocurrency circulation indeed seems to always have to need good news like that to make the price rises and increases demand.

Regulation remains an obstacle to make crypto more developed and can be used as well
applied in the real world. Even so, the regulations in each country are different. Very important when you choose the project that you want to invest. Existing projects that are implemented with blockchain technology and project designs will be useful someday. For example, there are projects that develop in the agricultural sector, waste management industry and many others. Projects like that that will be useful someday and need support.

Asia, especially China, is indeed a potential market for crypto. Many investors come from there, and Asian countries are quite friendly with Crypto. Japan, South Korea and Singapore are quite friendly with the crypto community. and recently Chinese president Xi Jinping, during a speech said that the blockchain is an important technology for technological progress. and I think that's an implied statement that he's enthusiastic about blockchain and crypto.

Sentiment from China is enough to make price movements from bitcoin yesterday. Regarding developments in Asia, it can already be seen that there are so many Project developments. which I can see specifically for my country at this time so many Exchanges are developing in my country and that means that in Asia it is indeed quite strategic for development. Plus regarding regulations several countries have already given a stand. among Agree when before still not giving an answer

I do not agree with the largest market, because there are still some countries in Asia that have not legalized crypto, because it has not been regulated in that country, and there are also some countries that consider cryptocurrency as an investment not as a transaction tool.

Asia is very enthusiastic in welcoming the crypto presence. Even though Asia is very small compared to other continents, Asia's population is very large, and also Asian countries have sufficient internet, so many people know about cryptocurrency. and also reportedly Bicoin was born in an Asian country, so that more and more people know about it. I don't really understand the origin of investors / popes. but certainly yesterday's incident investors from China arrived.

Asia might have great potential, but as long as several large countries in Asia haven't legalized crypto, I think it's useless. China, Indonesia and several other countries have not yet given full permission for the use of crypto. if those countries make regulations to legalize bitcoin and altcoin I'm very sure that asia will be the biggest market and nobody will beat it.

I agree with that view. If you accept Russia as one of the Asian countries, things change even more. Although, according to some experts, Russia is considered a European country.
But I find the value Asian countries give to blockchain more valuable. Especially China, South Korea, Singapore and many other countries invest in blockchain and care about blockchain.
For the world to break the dominance of the dollar, it is essential that Asian countries make such strides.

Breaking down the dominance of dollar is really a tough task, it has gone out of hands. Now if the dollar dominance is shattered through some means, soon they'll get to take control and over come. For this they will go even to any extreme of war.

Now Asian countries are highly progressing in all the industry. Now blockchain has got added, as Asia has got countries with increased population it is easy to top the market if people gets aware of the technology.

Asia and United States of America are the biggest players in cryptocurrency and yet they criticise and scrutinise it the most. They understand the importance of the Blockchain technology and the key role crypto plays in revolutionising the financial world. I am glad China has owned up to it and released plans to develop one for its own.

While the population number is important the most important number is how big the economies of those countries really are and while there are very strong countries economically speaking in Asia the most powerful countries are still in Europe and America, I really think that as soon as some countries begin to fully adopt cryptocurrencies the rest will have to follow as well or they could find themselves in a bad position in the future as those countries become more powerful thanks to the economic development cryptocurrencies will bring.

It may seem those days are far away but if the economies of the world begin to have some issues I can assure you they will do everything to change that and if that means adopting cryptocurrencies then they will do it.

Asia is a huge potential for the crypto market, and it must be admitted that the biggest problem of crypto is scam projects, hacks and more, if this continues to happen then investors are afraid to place their money and certainly make crypto die.

I also believe that Asia will be the top crypto market in the future. But even then i think that they would still remain users instead of the pioneers. I mean the most popular cryptocurriencies will still have their origin but will have most of the users from Asia because of the lot of population.

Yeah, I think so, Regulations on Asia are not that strict about crypto In fact they are slowly adopting it. Especially in Japan, China, and other neighbor countries. Asia has big population so it has a big market. I think China is on the lead now here in Asia taking a big move to tokenize their national currency maybe will launch sooner than libra.

The first one I agree with you is that Asia is the biggest market for cryptocurrency. And the second thing I do not agree with you, you say that crypto is just an idea and there is no real action from it. As far as I know, there are many projects or businesses with crypto as one of the main payments, and that is proof that crypto has become a real innovation.

If China will lead it's way towards crypto market assuming that they are intended to be use globally with concept that favors crypto users or if in anyhow they will embrace Bitcoin itself, such populations will speak to themselves. But still not clear upon their stand regarding to crypto projects, still needed to have more adoptions and integration with businesses all over Asian nation's. Good example is how Singapore create business who accept Bitcoin as payment options, more established to do like this will be the turning point for crypto to be more wider from this scope of businesses inside Asian countries.

China is just welcoming the blockchain not the entire crypto but its neighbour which is japan and korea seem to be crypto friendly. I'm kind of baffled actually to see that such news regarding china to accelerates blockchain implementation could affect the crypto market that much. However if we're talking about the biggest crypto market asia is indeed like taking the first initiative to be the most crypto friendly continent in the world. I've heard that singapore which is located in Asia is leading the emerges of crypto aswell.

Asia has always been at the forefront of blockchain developement and they have proven that they also contribute a lot to the amount of money to the cryptocurrency ecosystem.

Venture of new projects are really poor in some Asian country for example India and Indonesia etc. Behind of this reason is cryptocurrency prohibited. Of course they are bond by regulations and crypto is losing more users. Although cryptocurrency users is much more than previous years.

I think there are more crypto investors from Asia considering that Asia has the largest exchange in the world today such as binance, okex. Maybe for some countries in Asia such as India, China, Indonesia that have not yet implemented crypto regulations, that's why crypto has not been considered to date , some people only use to invest, hopefully in the future crypto can be used as a currency for payments and other transactions

I agree that Asia will be the biggest crypto market in the future since there is a good and stable internet connection in this continent and that countries in Asia are more open on crypto for future currency compared to some other countries. While China has made bitcoin a legal currency, other countries too may follow the path of China and slowly adopting  cryptocurrency as an alternative payment option aside from fiat.

Yes, Asian cryptocurrency investors are the biggest for sure and the majority of people supporting cryptocurrency businesses are also from Asia. If you look at the number of cryptocurrency exchanges from Asia are huge, which includes Binance, Huobi, KuCoin, OKEx, Coinbene, and many five start exchanges. Of course, Asia is the biggest cryptocurrency market in the world. 

In my opinion Asia was always the biggest crypto market. They have the bigger exchanges , most volume , a lot of projects , a lot of angel investors , top tier devs, all of this factors puts Asia in top of cryptocurrencies market and not only. Maybe in time USA will step-up and will balance the things but for now I doubt anyone can take Asia especially when a new halv its on the way and China announce its cryptocurrency project.

Asia has always been part of the largest crypto markets in the world, hence there is no doubts about the fact that it is possible for it to be ranked the biggest crypto market. Most of the largest and tier one exchange platforms like Binance and Kucoin are all in Asia. Also, as the Chinese president Xi Jinping announces his interest in Blockchain technology and cryptocurrency, the adoption rate will certainly increase.

I think it is proven now that asia already became the biggest crypto market in the world because i'm sure the statistics will showing crypto users from asia is very much  compare to the crypto users who came from outside asia and indeed asia continent is very potential for crypto development because besides as the continent with the most population asia also have good facilities to support crypto such as stable internet connections but indeed in the some countries crypto regulated still being an main issue

I think the cryptocurrency exchange place in Asia is already very large and many traders who come from Asia with a lot of trading capital and the Asian economy cannot be underestimated because if Asia can unite all then it will be able to influence the price of coins at the exchange place.

Yes, you are absolutely right, I also read on the neironix that China is the leading miner on earth and this only gives confidence that China will control a lot in the crypto world.

Yeah, I know, but the only way to do that is to be a pioneer in blockchain technology.

This is not a short-term plan, it will take maybe 30-40 years and eventually Asia will achieve this. That's what the statistics say.

in many cases in China crypto is more dominating in it so if domination is still held by china then I'm sure Asia will be a big place for crypto coupled with the strategic state of the country in Asia

I have no doubt that Asia is the catchment area of the crypto market. As we are seeing, China seems to be one of the first nations to have noticed.

Most Asian countries are still in developing stage. Some manage to successfully urbabized its central community just like Singapore and Japan. Those countries observe proper behavior for its citizens. They are also advanced with tech and that included block chain technology. India and Indonesia have great potential in the crytomarket due to high manpower. Meanwhile, China made quite a news that she is about.

Maybe this is true because of the news that China will legalize or recognize bitcoin. We all know that China is a big country and if that happens, there is a big possibility that many investors also will come and get bitcoin, they will buy bitcoin and use it in different ways, maybe they want to trade or they want to invest in some upcoming projects that are being proposed soon. We dont know, but it will simplify that bitcoin is overcoming every country and being recognized worldwide. I am hoping that in the future there is no countries that will ban bitcoin and will adopt the system in which cryptocurrency has faster and secure transaction and it is also helpful because it can be their source of income.

The biggest cyrpto market cannot be defined on population alone but it is based on populations financial capacity. India and Indonesia have a billion population but South Korea alone beats their crypto volume. South Korea population is not even 100 million. Asia's top crypto volumes are from China, South Korea and Japan. Pakistan, India and Bangladesh are densely populated but nowhere near but it's improving.   

Asia is generally a very large continent which I think is even the largest in terms of population, and we only need the larges countries in these continents to really buy into the idea of cryptocurrency which I think that with time, they will all do. We could see how effective their participation is in cryptocurrency of recent when it was just a statement by the president of the country of china that is making the value of bitcoin to start rising all over again, just because people felt relieved now that he is buying into the idea of blockchain.

I wonder what will not happen if he comes openly one day to specifically talk about his support for a particular coin, which I know will be bitcoin, but anyway, this continent Asia could really be a very big asset to us if they accept crypto fully.

maybe it happens if Asia is able to become the biggest crypto market because people's enthusiasm for crypto will continue to increase in its use among the people, regarding government regulation will definitely be overcome, because most governments already believe that this technology can be very beneficial for people who are able to use it because many people think crypto is able to overcome economic problems for every individual who uses it

It's big enough for a development of the Asian Continent. many countries have taken a stand to support cryptocurrency. and in some I also see the tendency to support, but the regulations of each country differ. some are allowed to invest and are prohibited from paying and vice versa. what is clear if there are projects that want to develop in a country must be able to see the commitment to support

During the last bull run, the Asians were more involved. I think they are at the helm of massive fire power in terms of monetary investment into cryptocurrencies. After the recent ban of Bitcoin in China, then the market started to loose volume slowly and slowly. They(the Asians) still at this stage make up a huge proportion of the money flowing in and out of this market.

There's a lots of Asian countries who are crypto friendly, they're open to any updates and ideas that will be favorable to them. Asians are workable with new technology aside from the whole concept came from a name which is native from Asia it seems to have an impact that supports can be acquired from this Nation. If majorities will tied together then the growth of this market will penetrate and materialize more from this side of the world.

As a matter of fact, south east Asian countries such as Philippines is now accepting cryptocurrency better than before. I see, it is not just Asia that will be the biggest crypto market, it is all over the world that contributes to the growth and development of cryptocurrency, as we embrace the emerging season of it. In my bounty hunting days, I see most of the projects came from South Korea, there fore we can say Korea will lead the altcoin dominance in Asia.

Asia is indeed one of the biggest crypto market especially China, now that their president made a statement to push and explore block chain technology i think money will flow gradually into cryptocurrency. This is a great news that will have great effect on crypto market worldwide.

When you mentioned China, I am inclined to listen but when you mention India and Indonesia, I think those ones are a pure example of Quantity and not Quality, but Asia is definitely one of the giants in the Cryptocurrency space and two major players are China and South Korea.