Institutional Adoption of Digital Assets Gains Momentum in Asia

The institutional adoption of digital assets in Asia is on the rise, with countries like South Korea, Hong Kong, Japan, and Singapore actively seeking opportunities in the space. This positive shift can be attributed to a clearer regulatory landscape in the region, according to industry experts during Korea Blockchain Week. Despite the ongoing crypto bear market and declining prices, there remains significant global interest in cryptocurrencies. The Asian market appears to have an edge in institutional adoption compared to the US and Europe due to a greater willingness among Asian companies to learn and engage with the industry.