๐ Hong Kong's OTC crypto market is on fire, driving $64B in volume last year, not far behind China's $86.4B! ๐ Despite crypto market downturns & Beijing's strict crypto ban, this shows some tolerance by China.
๐ญ๐ฐ Hong Kong dominates in large institutional crypto transactions, with 46.8% exceeding $10M. Retail trades under $10K account for just 4%, slightly below the global average of 4.7%.
๐ Meanwhile, South Korea relies on retail trading & Japan balances centralized exchanges with DeFi protocols.
๐ฌ What do you think this means for the future of crypto in Asia? Share your thoughts below! ๐
๐ญ๐ฐ Hong Kong dominates in large institutional crypto transactions, with 46.8% exceeding $10M. Retail trades under $10K account for just 4%, slightly below the global average of 4.7%.
๐ Meanwhile, South Korea relies on retail trading & Japan balances centralized exchanges with DeFi protocols.
๐ฌ What do you think this means for the future of crypto in Asia? Share your thoughts below! ๐