As reported by Chainanalysis In the first half of 2021, Asia accounted for 28% of transaction volume. Additionally, Messari data shows that Asian markets account for 43 percent of global cryptocurrency activity, with $296 billion in transactions between June 2020 and June 2021.
Last year, major news on Asian crypto was dominated by developments in China. Not only China but other countries In Asia, it also made headlines. some of which are Indonesia and Singapore. This is due to the clearer regulation of digital assets in their countries.
In addition to the rules This rapid growth was also driven by decentralized finance (DeFi) innovations in Southeast Asia. This is supported by increased funding and investment in projects. The presence of various communities in different circles of society providing information and education about crypto has also played a role in the progress of its development.
As the largest and most populous continent Asia has immense potential and is poised to become a hub for crypto adoption in the world as long as it has a well-supported ecosystem, Coinfest Asia is here to stay.
Coinfest Asia is an event organized by Coinvestasi with a focus on the future of cryptocurrency. Organized as a festival, Coinfest Asia aims to be an industry-leading platform for crypto-assets aficionados. The event will be held in Bali. Indonesia on 25-26 August 2022 and is supported by Coindesk, Blockchain Association Indonesia (ABI), Indonesian Chamber of Commerce and Industry (KADIN), Coingecko and Blockchain Association Singapore (BAS).
The event will have speakers who are experts in their fields. With lots of interesting topics on regulation, crypto industry, DeFi, GameFi, NFT, Metavers and more.
For the first Coinfest Asia, Indonesia was chosen as the host for a number of reasons. Indonesia has a population of 270 million, which is the world’s 4th largest population and the world’s seventh largest crypto user base. By 2021, Indonesia’s crypto owners will increase by 85% to 7.4 million, compared to the number of crypto users in Indonesia. total population This means there is still a lot of room for huge growth in the country. This is in line with the fact that Indonesia hosts the G20 this year and could become the epicenter of digital economic transformation in Asia.
“We hope Coinfest Asia can open up a space for regulators. Founders and project creators, developers and communities to connect with each other to create innovations for the better development of the crypto industry. In this way, the people of Asia especially in Southeast Asia will benefit greatly. Rise from the digital world,” said Dhila Rizqia, Event Coinfest Asia Head.
Coinfest Asia is currently selling Early Bird tickets in a limited quota until July 15th. Ticket sales will be closed if the ticket quota is sold out. So hurry and buy your Coinfest Asia tickets now!
About Coinvestasi
Coinvestasi is Indonesia’s leading media platform for events and information related to cryptocurrencies Digital assets and blockchain technology that has been around since 2017.
The latest information on Coinfest Asia can be found in the following channels.
website: https://coinfest.asia/
Twitter: https://twitter.com/CoinfestAsia
Instagram : @CoinfestAsia