Telegram, ubiquitously used for messaging by the Web3 community in Asia, is already testing out its self-custody crypto wallet in-app with non-U.S. users. Combining this with the regulatory friendliness of places like Hong Kong and Singapore, we are looking at a potentially explosive crypto boom. To us Americans, it feels borderline unimaginable that First Digital in Hong Kong, for example, could launch its stablecoin, FDUSD, with regulatory approval, when fintech mainstays like PayPal face subpoenas for doing the same in the US.
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- Source: https://www.fintechnews.org/how-asia-drives-the-next-crypto-bull-market/
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