Asia dominates Crypto Adoption Index, Bitget’s $351M hack: Asia Express

Asian countries account for almost half of Adoption Index

Almost half of the top 20 nations in terms of grassroots crypto adoption are in the Asia Pacific region. According to Chainalysis’s newly released 2026 Global Crypto Adoption Index, Japan ranks at number 4, followed by South Korea (5), India (6), Thailand (8), China (12), Indonesia (14), Australia (15), Vietnam (18) and the Philippines (19), which totals nine countries out of 20 on the index.

A big growth area in the APAC region is cross border stablecoin transfers.

Tianwei Liu, co-founder and CEO of StraitsX, told Cointelegraph that in Asia, fragmented currencies and payment systems have created demand for stablecoin settlement. 

“That demand is also extending into everyday spending, with stablecoins sitting behind payment methods people already use,” Liu said.

Bitget confirms $351M security breach, suspends withdrawals

Crypto exchange Bitget has confirmed unauthorized transfers affecting approximately $351.6 million in assets and temporarily suspended withdrawals as it investigates.

The CEO of the Asia-focused exchange, Gracy Chen, said the breach was contained to a portion of the exchange’s hot and warm wallet layers, while its cold wallets remained secure.