Higher trading volume of virtual currency is polarizing the market as bigger players swallow smaller rivals amid expected increase in regulatory compliance. Photo: Handout
Cryptocurrency operators set for consolidation in fragmented Asian market, Binance says
- Recent deals suggest a pick-up in M&A as Binance, Gojek expand footprint in region
- Higher trading volatility, stricter anti-money-laundering rules could raise more regulatory requirements
Higher trading volume of virtual currency is polarizing the market as bigger players swallow smaller rivals amid expected increase in regulatory compliance. Photo: Handout