Blockchain market was worth $357 million in 2017. It is expected that the market will grow to more than $10 billion by 2023. Asia has flourishing cryptocurrency markets, which continue to dominate global charts in spite of severe regulations in key markets. Blockchain technology is being increasingly tapped by both start-ups and established corporations. Here’s an infographic for ‘Asian Crypto Acquisition’.
Understanding the Asian Crypto Acquisition Infographic
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Four of the prime crypto exchanges in the world are located in Asia, primarily in Hong Kong and South Korea. Countries like Hong Kong and Singapore are considered to be blockchain a crypto-friendly. The Asian population is more willing to take risks by investing in cryptocurrencies. As the global crypto industry continues to establish a firm footing, the Asian market continues to adapt to the fast-paced changes. While some countries opting to ban cryptocurrencies and others opting a friendly attitude, future prospects continue to be an interesting speculation.