What were the trends in cryptocurrency exchanges in Asia in 2018?

1 answers

• Dec 16, 2021 · 3 years ago
  As an expert in the field, I can say that in 2018, the trends in cryptocurrency exchanges in Asia were quite dynamic. One of the major trends was the increasing focus on compliance and regulation. Governments and regulatory bodies in countries like Japan, South Korea, and Singapore took steps to regulate the industry and protect investors. This led to the emergence of licensed exchanges and stricter KYC (Know Your Customer) procedures. Another trend was the rise of initial exchange offerings (IEOs), which gained popularity as a fundraising method for blockchain projects. Asian exchanges also witnessed a shift towards offering a wider range of trading pairs and introducing new features to attract users. Despite the challenges posed by market volatility and security concerns, the cryptocurrency exchange industry in Asia continued to grow and evolve throughout 2018.
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