What’s Up With Asia Leading Global Crypto Adoption with 60% Surge?

Hey everyone,

I just came across a report about the global crypto scene, and Asia seems to be leading the charge! Foresight Ventures says Asia has 60% of crypto users and the biggest liquidity share. That’s insane! I knew Asia was into crypto, but 60% is massive. Which countries are really driving this?

Chainalysis’s 2024 report lists five of the top ten crypto adoption countries in Asia—India is first, which makes sense with their tech scene and huge population. Indonesia, Vietnam, Philippines, and Pakistan are also on the list. It’s cool to see such diversity, from developed nations like Singapore to places like Pakistan. I wonder why crypto is spreading so widely across different economic levels?

And let’s not forget Singapore, Australia, Japan, South Korea, China, and Malaysia—they’re all big players too. Why is Asia so into crypto? Is it the younger population, better internet, or maybe people are looking for alternatives to traditional banking?