In Southeast Asia, a booming crypto scene – TechCrunch
— Singapore, Instance, State ’, Expect regulators, Investors, Playing, Also home, Infrastructure development, Ideal, Regulations might — 1 min read
More than 600 crypto or blockchain companies are now headquartered in Southeast Asia. Venture investment firm White Star Capital report: $1 billion in funding in the region in 2022 to date. Southeast Asia has one of the world’s fastest-growing populations, 480 million of them are active internet users. By 2040, Asia is estimated to make up half of global GDP and 40% of global consumption, with much of it coming from the 10-member Association of Southeast Asian Nations (ASEAN) Countries like Singapore, Vietnam and Thailand are the most active crypto-related adopters, report shows. Each country has its slight edge in crypto innovation, observed Amy Zhao, lead at Ocular, a crypto fund under Openspace Ventures, told TechCrunch. Source