Almost one-quarter of online Asian adults could be crypto holders

A new report, published by Protocol Theory, reveals that nearly 25% of adults in the Asia Pacific region with internet access may own digital assets. However, the report highlighted that ease of use and access are major limiting factors for crypto adoption in the region. The report was derived from a survey that collected data from more than 4,000 adults across 10 different jurisdictions and extrapolated to represent the entire APAC region. The survey collected responses from about 400 adults between the ages of 18 and 64 in each of the following countries: the Philippines, India, Thailand, South Korea, China, Australia, Hong Kong, Singapore, and Japan, with the United Arab Emirates included as a comparable market. The report concluded that crypto adoption is aggravated by the region’s limited access to traditional financial services. APAC report says 18% of adults adopted stablecoins The report results revealed that 18% of adults with...

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