On track towards the next crypto regulatory frontier
A RECENT G-20 summit acknowledged the blockchain as an innovation that will likely improve the efficiency and inclusiveness of financial systems and economies. As the technology becomes more pervasive, so will crypto assets. Globally, blockchain applications may have reached an inflection point towards adoption and further expansion - and Asia may hold the key.
Asia has been the most exciting region for trade for decades and one of the hottest crypto environments in the last few years. As digital assets gained in popularity, a wide variety of crypto ecosystems has emerged across the region. In North Asia, China and Japan have dominated bitcoin mining and cryptocurrency trading, while smaller South-east Asian nations have punched far above their weight. Singapore is now one of the biggest markets for initial coin offerings (ICOs).
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