What facilitates the adoption of digital currencies in Southeast Asia?

Quick Summary:

Having the advantages of crypto assets, they are issued by a single source — the Central Bank, which controls their further circulation in the financial system.

The cryptocurrency boom in 2020-2021 made many countries think about issuing digital currencies.

Asian countries have also participated in this boom.

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Article Details

Author / Journalist: Natalya Ischenko

Category: StartupsTechnology

Markets: Singapore

Topics: Web3 Cryptocurrency Digital assets Community Consumer Fintech

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 04:10:14 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 617 words

Reading Time: 4 minutes read

Sentences: 2 lines

Sentence Length: 309 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 23753696

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About e27

Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 12 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 10 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #10

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