Coin

<ul class="news-points"> 
 <li>Animoca Brands spotlights the growing enthusiasm for crypto regulation in Asia.</li> 
 <li>Hong Kong emerges as a driving force in regulation with proactive measures.</li> 
 <li>HK approves the retail trading of 16 tokens, including the metaverse token.</li> 
</ul> 
In a recent tweet, Animoca Brands, a company dedicated to delivering Digital Property Rights to gamers and internet users worldwide, highlighted the growing enthusiasm for Web3/crypto regulation in Asia, signaling favorable conditions for builders in the region. 
According to the tweet, Japan has prioritized the <a href="https://coinedition.com/tag/metaverse-news/" rel="noopener noreferrer nofollow">Metaverse</a> as part of its national agenda, while Singapore and Hong Kong (HK) are pivotal driving forces in the Web3 landscape. Furthermore, Southeast Asia (SEA) has emerged as a significant contributor to the sector’s growth, accounting for 50% of the overall progress. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Asia's <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Web3</a> regulatory climate has warmed up, tipping in favor of builders. <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4cc.png" alt="📌" class="wp-smiley" style="height: 1em; max-height: 1em;"> Japan made Metaverse its national agenda <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4cc.png" alt="📌" class="wp-smiley" style="height: 1em; max-height: 1em;"> SG &amp; HK are driving forces <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4cc.png" alt="📌" class="wp-smiley" style="height: 1em; max-height: 1em;"> SEA responsible for 50% of growth The Asian <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#crypto</a> hotspots are where the opportunities are!<a href="https://t.co/n1JZa8Z8kt" target="_blank" rel="noopener noreferrer nofollow">https://t.co/n1JZa8Z8kt</a>— Animoca Brands (@animocabrands) <a href="https://twitter.com/animocabrands/status/1683762405434699776?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 25, 2023</a> 
 </blockquote> 
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
Animoca Brands highlighted that the Hong Kong … 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/asias-web3-regulatory-climate-warms-up-animoca-brands/">Asia’s Web3 Regulatory Climate Warms Up: Animoca Brands</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Asia’s Web3 Regulatory Climate Warms Up: Animoca Brands

Coin Edition

Other articles published on Jul 25, 2023

JUST IN: Binance and CZ Apply to Court to Dismiss CFTC Charges

AVAX Fluctuates Inside a Bullish Wedge, When Will it Breakout?

Wall Street Giants-Backed Exchange EDX Markets Integrates with Talos

Venom Reaches New Heights, Surpasses One Million Registered Wallets

EDX Markets Integrates with Talos, Expanding Access to Institutional Trading Technology for Digit...

Bitcoin Bull Run: Here’s When Traders Can Expect BTC Price Rally

Join our free newsletter for daily crypto updates!