Asia is the largest part of the world by both population and territory, and consists of 54 countries. Over 60% of the world’s population lives there. Together with Europe, Eurasia comprises the largest continent across the globe. Over recent decades, the region has become very attractive in almost every way. It has a huge number of industries in all sectors, a cheap labor force, etc., which makes local companies very attractive for investors and in turn, also helps to benefit the Asian economy. As many countries are developing or are already developed in Asia, the stock markets of this region are currently operating as fast as the American stock markets. Besides that, people receive a high-leveled education that is also available for foreigners through special programs like the Asia Society and so on.
Most of the fundraising in the cryptocurrency space shifted from the Americas to Europe, Middle East, Africa and the Asia Pacific region.
The New Land of Crypto Fundraising Is in Asia and Europe, Says PwC
Malaysia-based cryptocurrency trading firm Tokenize Malaysia has received full approval from local securities watchdog.
Malaysian Securities Regulator Approves Crypto Trading Platform
After analyzing the plans for the Chinese and British CBDCs, InterChain Pulse noted the differences and similarities of the planned digital currencies.
China and UK’s Planned Digital Currencies Appear to Have Little in Common
Much like Bitcoin, most fiat currencies experience periods of economic stagnation and immense decline when looked at from a broader perspective.
Bitcoin Fares Well Against Fiat Currencies, but It’s in a Class of Its Own
The Malaysian Palm Oil Council and BloomBloc have developed a blockchain-based app that enables users to trace palm oil throughout the entire supply chain.
Malaysian Blockchain App Allows Users to Trace Sustainable Palm Oil
The International Blockchain Monetary Reserve will fund a token project that aims to improve financial inclusion in Southeast Asia.
IBMR to Provide $3.48 Million in Funding for ARCC Currency Reserve
Binance.US’ CEO believes coronavirus quarantine efforts will increase American crypto trading, citing recent volume resurgence in Asia.
Binance.US CEO: Coronavirus Quarantine Drove Volume Resurgence in Asia