Published
5 years ago on
October 24, 2018
“China will be the largest market shareholder among the APAC countries, growing into one of the most significant markets for digital currencies.”With some of the top crypto mining companies around the globe such as Ebang Communication, Bitmain and Canaan apart from the good weather and low power costs, it will help it retain its status in the region.
“APAC will not grow at the highest CAGR during the forecast period. The rest of the world (RoW) will grow at the highest growth rate. RoW will grow at highest CAGR, but it will grow without proper regulations, which means that the government’s actions could take a huge toll on the businesses.”The major factors that would restrain the growth of the market are uncertain regulatory status, lack of awareness and technical understanding regarding digital currencies. What are your thoughts? Let us know what your thoughts are down below in the comments! Investment Disclaimer