Higher trading volume of virtual currency is polarizing the market as bigger players swallow smaller rivals amid expected increase in regulatory compliance. Photo: HandoutHigher trading volume of virtual currency is polarizing the market as bigger players swallow smaller rivals amid expected increase in regulatory compliance. Photo: Handout
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
Topic |   Mergers & Acquisitions
Higher trading volume of virtual currency is polarizing the market as bigger players swallow smaller rivals amid expected increase in regulatory compliance. Photo: HandoutHigher trading volume of virtual currency is polarizing the market as bigger players swallow smaller rivals amid expected increase in regulatory compliance. Photo: Handout
Higher trading volume of virtual currency is polarizing the market as bigger players swallow smaller rivals amid expected increase in regulatory compliance. Photo: Handout
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