45% of Those Surveyed in Asia-Pacific Region Likely to Use Crypto Next Year

Recent data from the Mastercard New Payments Index has suggested that as much as 45% of those surveyed in the Asia Pacific region are open to and likely going to be using crypto next year.

This is more than a 10% jump from the data they saw the previous year, the amount of interest is growing for crypto.

This comes along as Mastercard has also announced that they are going to launch new crypto-linked payment cards for the Asia-Pacific region. And that also follows other news that Mastercard would be partnering with Bakkt to make it easier for both banks and merchants to be able to use crypto, as well as others, in offering a variety of cryptocurrency solutions and services.

Interest continues to grow as does the crypto market cap and those who are not going to innovate along with the trend are likely to be left behind. We see that the number of companies and different industries that are looking to see how cryptocurrency might work with and benefit them and their consumers continues to grow.

However, despite the apparent growing interest in the Asia-Pacific region specifically, the Singapore Central Bank has warned recently that retail investors risk significant loss in the crypto market and they've warned of sharp speculative swings and risks for those who might be interested in embracing cryptocurrencies.

not financial advice