According to Wu, a report released by investment immigration consulting firm Henley & Partners shows that Asia is leading the world in cryptocurrency adoption.
Among them, Singapore has become a global leader due to its robust regulatory environment, fintech innovation and widespread public adoption.
Hong Kong ranked second and the UAE ranked third, with the UAE surpassing Singapore and Hong Kong in terms of tax friendliness.
Malaysia and Thailand also made it into the top ten, ranking eighth and tenth respectively.
