Analysis: What a crypto friendly White House means for Asia’s digital assets

Even as the market cap for digital currencies rises, experts say regulators in Asia will prioritise a prudent oversight path rather than follow Washington in lockstep; HK and Singapore's rivalry is set to continue.

Bitcoin’s valuation more than doubled in 2024, with much of that rally taking place during the second half of the year. The world’s most prized digital token experienced an early year upswing after the US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs in January 2024.

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