Asia Leads in Crypto Adoption, Bitget Suffers $351M Hack
- Nine out of the top twenty countries for grassroots crypto adoption are in Asia, according to the 2026 Global Crypto Adoption Index.
- Japan ranks fourth, followed by South Korea (5), India (6), and Thailand (8).
- Crypto exchange Bitget confirmed a security breach involving approximately $351.6 million in assets and has suspended withdrawals.
- Binance invested $100 million in stablecoin issuer Circle to promote USDC as part of a five-year agreement.
- The Bank of Korea launched a pilot for a new round-the-clock won settlement network for foreign investors.
The Asia-Pacific region is seeing significant growth in cryptocurrency adoption, particularly with cross-border stablecoin transfers driven by fragmented currencies and payment systems. Meanwhile, Bitget’s recent hack highlights ongoing security challenges within the crypto exchange sector.
With nine Asian countries making the top twenty list for crypto adoption and Bitget facing a major security breach involving over $351 million, the landscape remains dynamic and complex.(Source)
