Regional Crypto Power Balance Is Shifting as Japan ‘Ready to Pop’
Good Morning, Asia. Here’s what’s making news in the markets:
Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.
The conventional wisdom holds that the battle for Asia’s crypto hub is a contest between Singapore and Hong Kong. Both cities have English as an official language and use Western-inspired common law in their court system.
But during Token2049, executives weren’t debating whether Singapore or Hong Kong would win the title of Asia’s crypto hub. Instead, they were talking about how Japan, once written off as overregulated, had quietly become the region’s most credible…
