Crypto in South Asia: Key Things to Know
AI summary of the linked articleCrypto discussion on X is dominated by Western and English-speaking voices, which the Pink Brains team says could blind people to opportunities in Asian markets. The team has grown to six members, four of them from Vietnam, and found the Vietnamese crypto market and mentality differ markedly from Western ones. An earlier Pink Brains post reported that OpenSocial had more users than Farcaster or Lens despite much lower mindshare on X, with Indonesia, Vietnam and India dominating its user base. Mai, who runs the Pink Brains official X account, co-wrote this post sharing insights on the South Asian crypto market. |
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1 comment "India continues to be a major player in the global crypto market, despite having changing regulations and taxes. The country has a high 30% tax on crypto gains and a 1% tax on all transactions, which has led some investors to seek out international exchanges with fewer restrictions." That's hard. Anyway, I learned a lot from this one - it seems like a great read before going to Devcon! |