Asia-Pacific countries account for nine of the top 20 destinations for crypto adoption, while BitGet suffers a massive $351 million hack. Asia Express.
- Asia-Pacific countries dominate grassroots crypto adoption, with a significant focus on cross-border stablecoin transfers.
- Major events include a $351 million hack at crypto exchange Bitget and Binance's $100 million investment in stablecoin issuer Circle.
- Various Asian jurisdictions are exploring blockchain technology for financial services, including central bank digital currencies and bond issuance.
Topics: Jurisdictions, Blockchain usage, Institutional adoption, Emerging hubs, Ethereum evm l 1 s, Banking depository pilots
Tags: #asiapacific #cryptoadoption #stablecoin #bitgethack #usdc #binance #bankofkorea #hanabank #animocabrands #hkma