US Loses Ground: Asia Tops Crypto Developer Share By Region – Report
A recent report revealed North America is losing ground to other regions in a key sector. The continent, led by the US, was dethroned as the largest hub for crypto developers after recording a sharp decline in its developer’s share over the past decade. Related Reading: Russia To Ban Crypto Mining In Specific Areas Following […]
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Payments giant Mastercard is launching crypto-linked payment cards for the Asia-Pacific region in partnership with three crypto service providers. “For the first time, consumers and businesses in the Asia Pacific region will be able to apply for crypto-linked Mastercard credit, debit, or prepaid cards,” Mastercard said.
First Crypto-Linked Mastercards in Asia-Pacific Region
Mastercard announced Monday that it has partnered with three crypto service providers across the Asia-Pacific region “to launch the region’s first crypto-linked payment....
The Asia-Pacific region led by China is quickly catching up to the West in terms of wealth. With the accelerating pace of innovation in mobile communications and fintech, the region is expected to not only leapfrog the US & Europe by 2019, but also integrate millions of unbanked people into the global economy. The Asia Pacific region, led by China, is growing fast. In 2014, the sum total of worldwide assets reached a record high of US$164.3 trillion. As central banks have come to the rescue, asset prices have risen to record highs globally. Global growth overall grew by 11.9% (see chart....
NFT-related websites accounted for the largest share of crypto-related web traffic in most CSAO countries over the last 12 months, according to Chainalysis. Nonfungible tokens (NFTs) may be the biggest driver of crypto adoption in Central, Southern Asia, and Oceania (CSAO), a new report has found. According to a Sept. 21 Chainalysis post titled “Crypto Adoption Steadies in South Asia, Soars in the Southeast,” NFT-related actions accounted for 58% of all web traffic going to cryptocurrency services from this region in the second quarter of 2022. Meanwhile another 21% of traffic in the....
Recently, Messari Crypto Researcher, Mira Christanto published a report that looks into Asia’s cryptocurrency landscape in-depth, as 60% of the world’s population resides in the region. Christanto’s study shows that six out of the top ten largest cryptocurrency unicorns are located in Asia. Moreover, 98% of ethereum-based futures and 94% of bitcoin futures volumes stem from Asia. Asia’s Financial Landscape Is Ripe for Disruption When it comes to cryptocurrencies, Asia accounts for a huge number of crypto users, companies, miners, traders, and more. The....
Crypto adoption is expanding apace across Asia, with major global exchanges inking partnerships and making acquisitions on the continent. Major crypto exchanges originating from Asia as well as from the West have shown an increasing interest in the Asia-Pacific region. Coinbase launched in Japan last year, joining the selected group of exchanges to offer crypto trading services to native customers. Binance, the world’s leading crypto exchange by trading volume, has forged a series of new partnerships in Singapore, Indonesia and Thailand.The growing interest in global crypto exchanges in....