**Crypto Industry Diverges: U.S. vs. Asia & India 🌍**
The U.S. crypto market is set to diverge from the rest of the world, becoming more of a digital twin of traditional finance (TradFi), according to BitMEX CEO Stephan Lutz. Speaking at Token2049 in Singapore, Lutz highlighted that U.S. crypto firms like Coinbase and Kraken are increasingly integrating with TradFi due to regulatory and customer needs.
Meanwhile, Asia and India are poised to drive the global crypto industry forward. With a mix of banked and unbanked populations, these regions offer unique opportunities, especially in international remittances.
What do you think about this market split? Share your thoughts in the comments!