Crypto’s next bull run could start in Asia, not Wall Street – Here’s why

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Key takeaways

Asia is rapidly emerging as a driving force in global crypto markets, with China’s looming stimulus. Regulatory greenlights from Japan, Korea, and Thailand also add fuel for a potential rally.

Well, folks, looks like Asia’s turning the crypto tables on us. Who would’ve thought that Beijing, Tokyo, Seoul, and Bangkok would be leading the charge into the crypto frontier? It’s like a new race, but this time, Wall Street’s not even in the running. 👀

And hey, what we’re seeing here-Japan’s stablecoins, Korea’s ETF moves-don’t just look like regulatory checkboxes being ticked off. No, no, this could be where the party *really* starts. 🕺💃

Do altcoins catch a bid when Beijing sneezes?

When China sneezes, does the world catch a cold? No, it catches altcoins. China’s about to pump the market with some stimulus juice, and just like that, your altcoins could go from ‘meh’ to ‘wow.’

And don’t think for a second that Bitcoin doesn’t love a little liquidity-especially from China. When the People’s Bank of China opens up the money spigot, expect altcoins to get a little more interesting. 😏

With $5.2 trillion in monetary base, China doesn’t need to *do* much to stir the markets. They just need to show up, and poof, liquidity magic happens. 💸

And don’t forget, China is a major player in the global GDP scene. They’re flexing that $5.2 trillion muscle. Forget Wall Street, it’s Beijing that could be running the show soon. 💪

South Korea makes a move

South Korea’s on a roll. They’re not just sitting on their crypto hands. Nope, they’re making moves. A four-phase plan? Check. Spot Bitcoin ETF proposals? Check. A roadmap to lift the corporate trading ban? You bet.

They’re even letting nonprofits and public institutions liquidate their crypto holdings in 2025. So, yeah, crypto’s more than a hobby in Korea-it’s part of the plan. 🇰🇷

Fun fact: The won is now the second-most traded fiat in crypto, accounting for $663 billion in volume this year. That’s a lot of crypto coffee. ☕

Nearly a third of Korean adults own crypto now. That’s twice the rate of the U.S. Sure, they’re doing a little better than us, but who’s counting? 😉

Major Korean institutions are now getting into stablecoins. KB Kookmin, Shinhan, Hana, and Woori are prepping their KRW-backed tokens. So, get ready for the future of banking, Korea style. 💳

Japan’s stablecoin bet

Japan’s entering the stablecoin race with a yen-backed token. I know, it sounds boring at first. But hold up-this token isn’t just pegged to the yen. It’s also backed by bank deposits and government bonds. So, it’s not just another stablecoin; it’s a stablecoin with some serious credibility. 💴

Circle’s in on this too-yes, *the* Circle-so expect Japan’s domestic token to make some noise beyond the Land of the Rising Sun. 🌅

“JPYC has received investments directly or through CVC from listed companies such as Circle, Asteria, Densan System, Persol, Aiful, and others. Additionally, there are other listed companies that have invested in us but are not publicly disclosed. Furthermore, we have entrusted Simplex with the development of our trading system.”

This isn’t your average “we just launched a token” story. Japan’s got their game face on, and they’re serious about it. 🇯🇵

The token will operate under Japan’s Payment Services Act. So yeah, there’s legal protection for this one. No sketchy stuff here, folks. 👮‍♂️

Available on Ethereum, Polygon, and Shiden, this token’s going places. E-commerce, cross-border transfers-you name it. Japan’s crypto game is strong. 💥

Thailand taps crypto to lure tourists back

Looking for a crypto twist on your vacation? Thailand’s got you covered. The Thai government’s introducing TouristDigiPay-a way for foreign visitors to convert crypto to baht and pay for things while basking in the sun. 🌞

Okay, maybe that’s a bit much. But hey, if you’re in Thailand and you’ve got crypto, now you can spend it like it’s a tourist attraction. 😎

Tourist numbers are down, so they’re trying to bring the tourists back in style. With the Chinese visitors down by 34%, Thailand’s rolling out the crypto carpet. You know, just in case a little Bitcoin could help you buy that beachside souvenir. 🏖️

Visitors will have to pass KYC checks. And don’t get too excited-there are spending caps and withdrawal restrictions. But still, this is the future, right? A vacation with a side of crypto. 🏝️

Stay tuned for more deets from Thailand’s Finance Minister. This could be the most crypto-friendly beach trip of your life. 🏄‍♂️

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2025-08-18 14:07