- Animoca Brands spotlights the growing enthusiasm for crypto regulation in Asia.
- Hong Kong emerges as a driving force in regulation with proactive measures.
- HK approves the retail trading of 16 tokens, including the metaverse token.
In a recent tweet, Animoca Brands, a company dedicated to delivering Digital Property Rights to gamers and internet users worldwide, highlighted the growing enthusiasm for Web3/crypto regulation in Asia, signaling favorable conditions for builders in the region.
According to the tweet, Japan has prioritized the Metaverse as part of its national agenda, while Singapore and Hong Kong (HK) are pivotal driving forces in the Web3 landscape. Furthermore, Southeast Asia (SEA) has emerged as a significant contributor to the sector’s growth, accounting for 50% of the overall progress.
Asia's #Web3 regulatory climate has warmed up, tipping in favor of builders.Japan made Metaverse its national agenda
SG & HK are driving forces
SEA responsible for 50% of growth
The Asian #crypto hotspots are where the opportunities are!https://t.co/n1JZa8Z8kt
— Animoca Brands (@animocabrands) July 25, 2023
Animoca Brands highlighted that the Hong Kong …
The post Asia’s Web3 Regulatory Climate Warms Up: Animoca Brands appeared first on Coin Edition.
The post Asia’s Web3 Regulatory Climate Warms Up: Animoca Brands appeared first on Coin Edition.