Asian countries, such as China, Japan and South Korea, have long been at the forefront of all things cryptos and blockchain, including mining, investment, job creation and trading volume.
Japan’s banking system is also far and ahead of most other countries in crypto adoption and support, with the top 3 major banking institutions backing local exchanges.
And Korea’s largest internet company, Kakao, which has a message app with over 200 million users, is integrating a cryptocurrency wallet into it’s platforms. Their payments app, KakaoPay, will open the door for crypto payments to some 12,000 merchants. Kakao just happens to own a subsidiary that last year started UpBit, a cryptocurrency-only exchange.
Asia has been invested for some time now.