Asia can be the biggest crypto market

[EmmanCryp]

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.

[Landak]

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.

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.

[crazy-pilot]

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.

[cahbagus555]

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?

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

[TRONTON]

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.

[ned.ryerson]

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.

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?

[cryptoangel]

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.

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.

[Katashi]

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.

[DabsPoorVersion]

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.

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.

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.

[Peashooter]

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?

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.

[cryptoloverlife]

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.

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.

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.

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.

[airdnasxela]

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.

[Bananington]

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?

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.

[Eugenar]

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?

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.

[DaMut]

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.

[rmhuntley]

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.

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.

[wxxyrqa]

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.

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.

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.

[davinchi]

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.

[forexandcryptoauditor]

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.

[biddicoin]

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!

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