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Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018

In the last few years, the cryptocurrency environment has changed drastically and there is a bunch of new cryptocurrency hotspots popping up across the globe. Gone are the days when certain territories such as Zug, Prague, and other blockchain hub cities dominated the headlines. Now a variety of different regions like Malta, South Korea, Hong Kong, and Japan are quickly becoming cryptocurrency hotspots as well.

Also read: More Japanese Crypto Exchanges to Self-Regulate

Four Digital Currency Hubs Shine in 2018

Digital assets are becoming more popular every year as the technology Satoshi released a decade ago continues to advance today. A few years ago, before the bull run of 2017 and the subsequent bear markets in 2018, there were just a few cryptocurrency hotspots in the world with places like San Francisco, Zug and Prague. Now the aforementioned areas still have a large amount of cryptocurrency presence, but there are other regions that have shined over the last year and are steadily becoming some of the top cryptocurrency hubs worldwide.

Japan

Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018Japan started really gaining steam in 2017 as far as cryptocurrency adoption is concerned and the country has continued this effort in 2018. Furthermore, since Japan’s Financial Services Agency (FSA) enacted the “Payment Services Act” on April 1, 2017, for close to two years the country’s officials have been creating a wide variety of regulatory rules surrounding digital currencies and began licensing trading platforms. The country has seen an onslaught of startups and other crypto ventures wanting to set up their business models in the region. This trend has pushed Japan’s regulators into high gear over the last 12 months.

Four Cryptocurrency Hotspots That Saw Tremendous Growth in 2018
Bic Camera clerk showing a BTC payment at the Shibuya Hachikoguchi location.

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