The Rise of Cryptocurrency in Emerging Asia
Emerging markets across Asian countries represent nearly 50% of the world’s population and expected to grow faster than any other region in world with 6.5% GDP growth over 2018-19 according IMF. The emerging markets are considered the next frontier for blockchain and cryptocurrency technologies globally.
Indonesia with its 260 million people, it will be the biggest market in the Southeast Asia. ExRaya will be registered in Indonesia and regulated by Indonesian government.
Region at a Glance
600 Million People online
Southeast Asia is now the world’s third largest region for internet users with more people online than the entire U.S. population
Southeast Asia is rapidly being acknowledged as a market where the internet is changing daily behaviors and creating new opportunities
High Growth possible
Indonesia, Southeast Asia’s largest economy, is likely to account for the majority of crypto business