US Crypto Firms Flock to Asia Seeking Users and Talent Amid Friendlier Regulation

Asia is becoming an attractive destination for crypto projects seeking users and talent, with a positive regulatory environment. Singapore and Hong Kong are leading in institutional crypto finance regulation.

Many US crypto projects are accelerating expansion into Asia due to regulatory scrutiny in the US following FTX's collapse. Asia offers more openness.

Crypto adoption is growing in Asia, with legalization of retail trading in Hong Kong and Singapore clarifying stablecoin rules. Major US players are hiring in the region.

Asia offers diverse crypto opportunities, from tokenomics in Korea to NFTs leveraging IP in Japan to blockchain gaming in Vietnam.

Having local partners is key for Western crypto projects expanding into Asia, to navigate cultural/language differences and effectively access communities.