From mining dominance to regulatory innovation,might just be the key to the next explosive bull market
In 2023, we have witnessed AI trend, Chinese coins trend, BRC20 trend and Memecoins trend. But in the past few days, it seems like Chinesecoins are making a comeback and this time they could even lead a bull market.
A lot of Crypto personalities have quoted that the next bull run could come from Asia and to some extent it is true
So let’s take a look at all the developments happening in the Asian countries and also the coins that could be the next 100x opportunity if this plays out.
- 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐚𝐥𝐥𝐨𝐰𝐢𝐧𝐠 𝐫𝐞𝐭𝐚𝐢𝐥 𝐭𝐫𝐚𝐝𝐢𝐧𝐠 Recently, news came out that Hong Kong regulators have urged banks to provide services to crypto firms, which is a huge thing. Also, it will give access to retail crypto trading from June 1st.
This will bring billions of dollars of new money in crypto. Along with that, it also organized a Web3 festival where big crypto personalities, from CZBinance to the heads of every big project, were present which clearly shows Hong Kong pro crypto nature.
- 𝐃𝐮𝐛𝐚𝐢 𝐂𝐫𝐲𝐩𝐭𝐨 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 Dubai has been at the forefront of reasonable crypto regulations since it launched its licensing regime for crypto exchanges.
Also, has a 0% capital gains tax on crypto, which makes it favorable for crypto holders.
Along with that, the top crypto exchanges like Binance and Bybit are opening their exchange arms in Dubai, which shows Dubai’s progressive crypto regulations.
- 𝐈𝐧𝐝𝐨𝐧𝐞𝐬𝐢𝐚 𝐢𝐧𝐯𝐢𝐭𝐢𝐧𝐠 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐦𝐢𝐧𝐞𝐫𝐬