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Asia-Pacific leads boom in crypto transactions amid regulatory hurdles: report

Asia-Pacific leads boom in crypto transactions amid regulatory hurdles: report

The Asia-Pacific region has become the world’s fastest-growing hub for cryptocurrency transactions, with on-chain activity surging despite inconsistent oversight and varied pathways to adoption, according to a new report.

Analysts say the trend reflects not only diverse use cases – from remittances and savings to gaming and speculative trading – but also regulatory uncertainty across the region, which could limit long-term potential even as momentum builds.

The report, released on Wednesday by blockchain analytics firm Chainalysis, found that during the 12 months ending June 2025, Asia-Pacific had emerged as the fastest-growing region for on-chain crypto activity, with a 69 per cent year-over-year increase in value received.

Total crypto transaction volume in the region grew from US$1.4 trillion to US$2.36 trillion, driven by robust engagement across major markets including India, Vietnam and Pakistan.

Monthly on-chain value received grew from about US$81 billion in July 2022 to peak at US$244 billion in December 2024, a threefold increase over 30 months. Transaction volumes have since remained robust at above US$185 billion per month through mid-2025.

In contrast to North America, where cryptocurrency activity is largely driven by institutional investment, Asia-Pacific’s growth is fuelled by broader, more retail-oriented demand, according to Chengyi Ong, head of Asia-Pacific policy at Chainalysis.

The report cites Japan, Indonesia, South Korea, India and Vietnam as among the nations spearheading transaction growth in the Asia-Pacific, fuelled by a combination of supportive policies to use cases.

“Mature markets like Singapore and Hong Kong remained relatively stable in terms of on-chain value transferred,” Ong said.

In the top market India, the digital currency is meeting a large diaspora’s remittance needs while young adults have embraced crypto trading as supplementary income, the report says.

“India has a large and technologically savvy population where young students experiment with blockchain and coding, and it also has unmet financial needs for income, investments, and cross-border transfers,” Ong said. “These are conditions in which cryptocurrency can gain traction.”

In South Korea, the second-largest Asia-Pacific market, trading in crypto is becoming as common as trading in shares, while new rules like the 2024 Virtual Asset User Protection Act are reshaping activity on major domestic exchanges, according to the report.

Vietnam, in third, showed crypto as everyday infrastructure for remittances, gaming and savings rather than speculation, the report added, while Pakistan added a fourth archetype with a young, mobile-first population embracing cryptos for remittances and investments.

Anndy Lian, a Singapore-based intergovernmental blockchain adviser, noted that key contributors to crypto’s rapid growth included adoption in emerging markets such as India, Pakistan and Vietnam for practical use, such as remittances, to provide a financial tool to unbanked populations – people without their own bank accounts – in the region.

“High mobile penetration and internet expansion have democratised entry, enabling retail investors to engage with centralised exchanges and decentralised protocols amid economic volatility,” Lian said.

Institutional interest in the digital currency has also risen, fuelled by progressive hubs like Singapore and Hong Kong which offer clearer fintech ecosystems, according to Lian, while emerging economies such as Indonesia and the Philippines also use crypto to boost financial inclusion.

Cryptocurrency, which works as a decentralised digital currency using blockchain technology to securely record transactions on a shared, unchangeable digital ledger, is being seen by observers as a means to transparently send money to remote populations with little access to banking.

The region’s uneven approach to regulation of cryptos, however, hampers its potential use, experts warn.

“Regulatory concerns in Apac’s [the Asia-Pacific’s] crypto landscape are pronounced, arising from inconsistent and fragmented frameworks that amplify risks while stifling balanced growth,” Lian said.

While Singapore provides comprehensive licensing for virtual asset providers, India’s levy of a 30 per cent tax on cryptocurrency gains means investors and businesses face uncertainty and systemic risks of over-regulation, according to Lian.

Experts say India’s approach to cryptos stems from anti-money laundering and countering terrorism financing, but the country would gain from broader regulation dealing with consumer protection, financial prudence and market conduct.

Lian noted that there were concerns among policymakers as the Asia-Pacific region had emerged as a hotspot for crypto scams and frauds globally.

“Broader issues include money-laundering vulnerabilities in less-regulated markets like the Philippines or Vietnam, where rapid growth exposes unbanked users to exploitation,” he said.

Crypto rules vary across the region, from rigorous oversight in Japan to light-touch regulation in Indonesia.

Lian warned, however, that the lack of uniformity risked regulatory arbitrage – exploiting differences or gaps in regulations across different jurisdictions – and hampered cross-border compliance,

He called on policymakers to address these issues to mitigate threats without curbing the region’s crypto potential, noting that policy coordination “is essential to streamline crypto transactions, reduce fragmentation, and harness the region’s growth potential sustainably”.

 

Source: https://www.scmp.com/week-asia/economics/article/3326725/asia-pacific-leads-boom-crypto-transactions-amid-regulatory-hurdles-report

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

Why Dubai’s Regulatory Hack Could Rewrite Crypto’s Rulebook

Why Dubai’s Regulatory Hack Could Rewrite Crypto’s Rulebook

The recent announcement by Dubai’s Virtual Assets Regulatory Authority (VARA), allowing licensed crypto companies to host other firms under their umbrella through “Sponsored Access,” represents a seismic shift in regulatory strategy. This policy, operationalized in 2024, dismantles traditional barriers to entry in the cryptocurrency sector while maintaining institutional-grade oversight. I argue that this model exemplifies “smart regulation”—a framework that balances innovation with accountability, scalability with safety, and local sovereignty with global ambition.

By analyzing its mechanics, implications for startups and institutional players, and alignment with broader trends in regulatory design, it becomes evident that Dubai has redefined what it means to lead in the digital economy.

Barriers, Not Gateways

Prior to this policy shift, launching a regulated cryptocurrency product in Dubai was a complicated process. Prospective virtual asset service providers (VASPs) faced a gauntlet of requirements: months-long licensing procedures, substantial capital investments in infrastructure, and exorbitant legal fees to navigate VARA’s stringent compliance standards. As of early 2024, the average time to secure a full license exceeded six months, with costs often surpassing $500,000—a prohibitive barrier for startups lacking institutional backing. While these measures aimed to safeguard financial integrity, they inadvertently stifled competition, centralized power among well-capitalized incumbents, and delayed the deployment of innovative products to market.

This approach mirrored global trends, where regulators—grappling with the volatility and novelty of crypto—defaulted to heavy-handed frameworks. For instance, the European Union’s Markets in Crypto-Assets (MiCA) regulation, finalized in 2023, imposed rigorous disclosure and transparency mandates, creating compliance burdens that smaller firms struggled to meet. Similarly, the U.S. Securities and Exchange Commission’s (SEC) enforcement-heavy stance against exchanges like Binance and Coinbase has fostered a climate of uncertainty, driving innovators to jurisdictions with clearer rule sets. Dubai, despite its reputation as a tech-forward hub, risked falling into the same trap—until now.

Compliance, Shared

VARA’s Sponsored Access model inverts this paradigm by leveraging existing license holders as “Regulatory Hosts.” Under this system, licensed VASPs—subject to VARA’s approval—can onboard unlicensed entities as “appointed representatives,” effectively extending their compliance infrastructure to these newcomers. The hosts assume full legal responsibility for their sponsored firms, including audits, reporting obligations, and capital adequacy requirements. Crucially, VARA retains overarching oversight, ensuring that decentralization of accountability does not equate to dilution of standards.

This layered approach draws parallels to the UK’s Financial Conduct Authority (FCA) “parent-subsidiary” licensing model, which allows established firms to vouch for affiliates. Dubai’s iteration is distinct in its operational scalability. By mandating that Sponsored VASPs be locally incorporated, VARA anchors accountability within its jurisdiction while enabling rapid onboarding. Early data reveals that over 40 startups have leveraged this to launch products within 30 days of application—a 90% reduction in time-to-market compared to traditional licensing. Costs, too, have plummeted, with sponsored firms reporting compliance expenses under $50,000—a threshold accessible to early-stage ventures.

Speed. Cost. Credibility.

The implications of this shift are profound. First, Sponsored Access democratizes entry into the UAE’s crypto ecosystem, enabling nimble startups to pilot products without diverting resources to redundant compliance structures. For instance, a decentralized finance (DeFi) protocol focused on cross-border remittances can now concentrate on algorithmic risk modeling rather than rebuilding know-your-customer (KYC) systems from scratch. Second, the policy aligns with investor appetites for regulated vehicles: institutional allocations to UAE-based crypto funds have surged, as it reduces counterparty risks.

Notably, this model circumvents the pitfalls of regulatory sandboxes—a tool widely criticized for creating artificial environments that are disconnected from real-world constraints. Sandboxes, such as Singapore’s MAS initiative, often impose arbitrary transaction limits and short-term licenses, forcing firms to reengineer operations post-graduation. Sponsored Access, by contrast, immerses startups in full regulatory compliance from day one, fostering muscle memory around anti-money laundering (AML) protocols and consumer protection. This distinction is vital: while sandboxes simulate safety, VARA’s framework embeds it.

Compliance That Scales

At its core, Sponsored Access embodies the philosophy of “smart regulation”—the idea that regulatory systems must evolve beyond one-size-fits-all mandates. By distributing accountability across hosts and sponsored entities, VARA mitigates its own bureaucratic load while preserving systemic resilience. Consider the analogy of cloud computing: just as AWS provides scalable infrastructure for startups to deploy applications without owning servers, Sponsored VASPs offer a compliance “cloud” where smaller players rent access to regulatory frameworks.

This model also addresses a persistent tension in crypto governance: balancing innovation with investor protection. Critics of decentralized finance (DeFi) often cite its “Wild West” reputation—characterized by rug pulls, exit scams, and opaque tokenomics that erode retail trust. Sponsored Access inoculates against such risks by tethering every participant to a vetted host, creating a chain of liability that deters malfeasance. For example, if a sponsored exchange facilitates illicit transactions, VARA can penalize both the exchange and its host, ensuring that accountability cascades upward.

No Free Passes in Compliance

Skeptics may question whether delegated oversight compromises rigor. But VARA’s design anticipates this concern. Sponsored VASPs must undergo annual third-party audits, publish transparency reports, and maintain minimum capital reserves tied to their risk profiles—a structure reminiscent of Basel III’s tiered capital requirements for banks.

Moreover, the policy incentivizes hosts to act as gatekeepers. Since their reputational and financial stakes are high, Sponsored VASPs conduct due diligence exceeding VARA’s baseline standards. I spoke with two licensed hosts who revealed that all required sponsored firms to implement real-time blockchain analytics tools—a measure beyond current regulatory mandates. This “compliance arms race” elevates industry standards organically.

Regulation That Attracts

The UAE’s strategic bet on Sponsored Access is already paying dividends. Dubai attracted 60% of the Middle East’s crypto venture capital, with firms like Amber Group and Bybit establishing regional headquarters. More critically, the policy has catalyzed niche innovation: startups specializing in sharia-compliant tokenization and halal blockchain gaming—sectors often overlooked in Western markets—are flourishing under this model.

This growth is not merely quantitative. Dubai’s model challenges the dominance of offshore crypto hubs like Seychelles and the British Virgin Islands, which thrived on lax oversight but now face increasing scrutiny from G20 regulators. By offering a middle path—neither a sandbox nor a free-for-all—the UAE positions itself as a Goldilocks jurisdiction: strict enough to earn G20 approval, flexible enough to outpace peers.

Risks, Replication, and What Comes Next

Despite its merits, Sponsored Access is not without risks. Over-reliance on a handful of hosts could create systemic vulnerabilities: if a major VASP collapses, its sponsored entities might face cascading suspensions. VARA must also guard against regulatory arbitrage, where firms exploit ambiguities in cross-border enforcement. To address this, the authority has initiated bilateral agreements with counterpart agencies in other countries, harmonizing audit standards and information-sharing protocols.

Globally, Dubai’s experiment could inspire copycats. The U.S. Commodity Futures Trading Commission (CFTC) has floated similar ideas for derivatives trading, while Brazil’s Securities and Exchange Commission (CVM) is exploring sponsored models for security tokens. If these jurisdictions adopt VARA’s principles, we may witness the emergence of a modular regulatory architecture—a “Lego-block” system where compliance frameworks interlock across borders.

Blueprint for the Digital Age

VARA’s Sponsored Access policy is more than a local reform—it is a blueprint for governing frontier technologies without sacrificing dynamism. By reimagining regulation as shared infrastructure rather than a bottleneck, Dubai has shown that innovation and oversight can coexist without being adversaries. Startups gain agility, hosts earn revenue from compliance-as-a-service, and regulators preserve systemic stability—all while cementing the UAE’s status as a vanguard of the digital age.

As the crypto industry matures, the lessons from Dubai will resonate far beyond the Persian Gulf. In an era where AI, quantum computing, and biohacking challenge existing governance models, the UAE’s gamble offers a template: distribute accountability, empower intermediaries, and build frameworks that scale with technology—not against it. The future belongs to regulators bold enough to take the lead.

 

Source: https://intpolicydigest.org/why-duba-s-regulatory-hack-could-rewrite-crypto-s-rulebook/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j

SEC Considers Regulatory Exemptions For DeFi Platforms: A Bold Leap Forward Or A Risky Gamble?

SEC Considers Regulatory Exemptions For DeFi Platforms: A Bold Leap Forward Or A Risky Gamble?

Decentralized Finance, or DeFi, has stormed onto the financial stage like a disruptive underdog, promising to upend the traditional banking system with its blockchain-based, intermediary-free approach to money management. By enabling peer-to-peer transactions through smart contracts on public decentralized networks, DeFi offers a tantalizing vision of financial empowerment—higher returns, lower fees, and access for all.

Now, the U.S. Securities and Exchange Commission (SEC), under Chairman Paul Atkins, is contemplating a seismic shift: regulatory exemptions for these platforms. Announced at a recent cryptocurrency roundtable titled “DeFi and the American Spirit,” Atkins revealed plans to develop an “innovation exemption” policy, directing staff to explore rule changes that would allow DeFi entities to launch on-chain products with less oversight. This move has sparked a firestorm of debate, with advocates cheering it as a victory for innovation and critics warning of a Pandora’s box of risks—from security breaches to money laundering. I see this as an extreme change, one that could redefine the future of finance or leave us scrambling to clean up the mess when problems inevitably arise.

The idea of regulatory exemptions for DeFi feels both exhilarating and unnerving. On one hand, it’s a chance to unshackle a technology brimming with potential, aligning with the current administration’s ambition to make the U.S. the “crypto capital of the planet.” On the other, it’s a step into uncharted territory, where the absence of guardrails could expose investors to unprecedented dangers. Hester Peirce, head of the SEC’s crypto task force, has argued that code publishers shouldn’t bear responsibility for how others use their work, but she’s quick to caution that centralized players can’t dodge scrutiny by slapping a “decentralized” label on their operations. With the SEC’s Republican commissioners holding a 3:1 majority and pushing crypto-friendly policies, the momentum is clear—but so are the stakes. In this opinion piece, I’ll dive deep into the pros and cons of this proposal, weaving in data and research to ground my perspective, and offer my take on what might happen when the cracks start to show.

The Case for Exemptions: Unleashing Innovation and Inclusion

Let’s start with the upside, because there’s plenty to get excited about. DeFi’s core promise is to democratize finance, and regulatory exemptions could turbocharge that mission. By stripping away the red tape that traditional financial institutions face, DeFi platforms can experiment freely, creating new products that are faster, cheaper, and more user-friendly. Take transaction costs, for example: traditional banks often charge hefty fees for everything from wire transfers to loan origination, while DeFi platforms, powered by smart contracts, can slash those costs dramatically. On average, I believe DeFi lending protocols offered interest rates on savings up to 10 or 100+ times higher than those of traditional banks. For consumers tired of being nickel-and-dimed, this is a game-changer.

Then there’s financial inclusion, a cause close to my heart as someone who’s reported on global economic disparities. Over 1.4 billion people worldwide remain unbanked, according to the World Bank’s 2021 Global Findex report, often because they lack access to physical banks or the documentation required to open accounts. DeFi sidesteps those barriers. All you need is a smartphone and an internet connection—tools that are increasingly ubiquitous, even in developing nations. By December 2021, the total value locked (TVL) in DeFi platforms had soared from $17 billion to over $163 billion, per DefiLIama. That was the peak, currently the TVL is around $116 billion, a figure will probably climb higher in later part of 2025. This explosive growth isn’t just a speculative bubble; it’s a sign that people—especially those underserved by traditional finance—are hungry for alternatives.

Exemptions could also keep the U.S. competitive in the global blockchain race. Countries like Switzerland and Singapore have already carved out crypto-friendly niches with clear, innovation-supportive regulations. Meanwhile, the U.S. has been stuck in a regulatory quagmire, often driving startups overseas. Chairman Atkins has criticized the previous administration’s “heavy-handed” approach under Gary Gensler, which leaned on court battles rather than collaboration. His push for exemptions, paired with support for self-custody as a “foundational American value,” signals a desire to flip that script. If the U.S. can create a welcoming environment for DeFi, it might attract top talent and investment, fueling economic growth. Imagine the Silicon Valley of blockchain emerging stateside—that’s the kind of upside we’re talking about.

The Downside: Security, Accountability, and AML Nightmares

But here’s where my enthusiasm starts to waver. For all its promise, DeFi is a minefield of risks, and regulatory exemptions could amplify them. Security is the first red flag. These platforms, built on relatively new technology, are magnets for hackers. In 2024, DeFi platforms lost approximately $474 million, according to Hacken’s Web3 Security Report, reflecting a 40% decrease from the previous year due to enhanced security measures. As of April 2025, DeFi platforms have lost at least $155 million, based on monthly reports from Immunefi and PeckShield, though this is an estimate as full-year data is not yet available. Even as security has improved, the threat looms large—especially when you consider that a single smart contract bug can drain millions in seconds. I’ve covered enough cybercrime stories to know that bad actors don’t need an invitation; exemptions might as well roll out the red carpet.

Then there’s the issue of consumer protection, or the lack thereof. Traditional finance has its flaws, but it offers a safety net—think FDIC insurance or SEC enforcement actions. DeFi? Not so much. If a platform gets hacked or a scam artist disappears with your funds, you’re often out of luck. The decentralized ethos means there’s no central authority to call for help, and the complexity of these systems can leave even savvy users vulnerable. I’ve spoken to retail investors who’ve lost life savings to crypto scams; the thought of that happening on a larger scale in an unregulated DeFi landscape keeps me up at night.

The Anti-Money Laundering (AML) piece is where things get really dicey. DeFi’s pseudonymity—where users transact without revealing their identities—is a double-edged sword. It’s great for privacy, but it’s a gift to criminals. DeFi accounted for a huge percentage of all cryptocurrency crime. It’s not hard to see why: anonymous transactions make it tough for authorities to trace illicit funds. I’ve spoken to law enforcement officials who’ve struggled to crack cases involving crypto laundering; loosening oversight could turn DeFi into a playground for money launderers and terrorists. The SEC might argue that blockchain’s transparency helps track these activities, but without robust AML frameworks, that’s a shaky defense.

When Problems Arise: A Regulatory Wild West?

This brings me to the question that nags at me most: what happens when things go wrong? In traditional finance, there’s a playbook—regulators step in, investigations launch, and (sometimes) justice is served. DeFi, especially under exemptions, lacks that structure. If a major platform collapses or a fraud scheme unravels, who’s accountable? The code writers, who Peirce says shouldn’t be liable? The users, who might not even understand what they’ve signed up for? The absence of clear rules could leave chaos in its wake, eroding trust in DeFi just as it’s gaining traction.

The 2008 financial crisis looms large in my mind here. Back then, lax oversight of complex instruments like mortgage-backed securities fueled a meltdown that cost millions their homes and jobs. DeFi’s parallels—high-risk products, rapid growth, limited regulation—feel eerily familiar.

The Federal Reserve has expressed concerns about decentralized finance (DeFi) and its potential to create systemic risks, especially through its interconnectedness with traditional financial systems. It was also highlighted that DeFi’s reliance on stablecoins could amplify risks if a major player fails, potentially triggering a domino effect. This is because stablecoins are vulnerable to runs, which could disrupt short-term funding markets and spill over to traditional finance. It also notes that exemptions from regulation might speed up innovation, offering benefits like efficiency and financial inclusion. However, this could set the stage for a crisis, as DeFi lacks the oversight traditional finance has, making it harder to handle systemic risks. Exemptions might accelerate innovation, but they could also set the stage for a crisis we’re ill-equipped to handle.

Investor confidence is another casualty I worry about. Crypto diehards might cheer deregulation, but the average person—say, a retiree dipping into DeFi for better returns—wants reassurance. Without SEC oversight, that trust could erode, stunting DeFi’s mainstream adoption. I’ve seen how volatility and scandals in crypto spook newcomers; exemptions could make that worse, not better.

My Take: A High-Stakes Balancing Act

So where do I land? I’m torn, honestly. I’m thrilled by DeFi’s potential to shake up a stodgy financial system. The data backs up its momentum. Exemptions could supercharge that, positioning the U.S. as a blockchain beacon and delivering real benefits to everyday people. I can’t help but root for a future where a farmer in rural Africa or a gig worker in Detroit can access loans without a bank’s blessing.

But as a practitioner who’s seen deregulation’s dark side, I’m skeptical of going all-in. The amount loss to DeFi hacks—give me pause. The AML risks feel even more urgent; we can’t ignore that there is a spike in crypto-related crime, much of it tied to DeFi. And when problems hit, the lack of a safety net could turn a breakthrough into a breakdown. I keep circling back to Peirce’s point about centralized pretenders—exemptions might let wolves in sheep’s clothing slip through, undermining the whole experiment.

I think the SEC should tread carefully, not blindly. A full-on exemption feels too extreme; instead, I’d advocate for a “regulatory sandbox” approach. Used in places like the Singapore, India, U.K., this lets platforms operate under light oversight while regulators study the risks and refine rules. It’s a compromise that fuels innovation without throwing caution to the wind. Pair that with tiered regulations—tougher for big players, lenient for startups—and you’ve got a framework that adapts to DeFi’s scale.

The Road Ahead: Opportunity Meets Responsibility

The SEC’s move is a crossroads moment. Done right, exemptions could usher in a financial revolution, cutting costs, boosting inclusion, and cementing U.S. leadership. Done wrong, they could unleash a torrent of fraud, instability, and lost faith. The numbers tell a story of both promise and peril. My gut says we need both—boldness to seize the future and vigilance to protect it.

As Atkins and his team shape this policy, they’re not just regulating code—they’re deciding who wins and loses in tomorrow’s economy. I’ll be watching, notepad in hand, hoping they strike a balance that proves DeFi can thrive without toppling over. Because when the dust settles, it’s not just about crypto—it’s about whether we can build a system that’s as fair as it is forward-thinking. That’s the American spirit I’d bet on.

 

Source: https://www.benzinga.com/markets/cryptocurrency/25/06/45863828/sec-considers-regulatory-exemptions-for-defi-platforms-a-bold-leap-forward-or-a-risky-gamb

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

www.anndy.com
j j j