Growing Initiatives for the Adoption of Crypto-currencies: Key Driver for Digital Asset Trading Platform Market
Rising acceptance of crypto-currencies have compelled many governments especially in developed nations to implement it in numerous public services. At the end of August 2017, the Canadian government (Canadian Securities Administrators) circulated a notice regarding crypto-currency offerings, including initial token offerings (ITOs), crypto-currency investment funds, initial coin offerings, and crypto-currency exchange trading. In July 2017, SARB (South African Reserve Bank) announced various plans to test crypto-currencies comprising Bitcoin and also set up a regulating structure pertaining to it with the help of Sandton, Bankymoon, and some South Africa-based blockchain solution providers. Additionally, SARB partners with Bankymoon to conduct various workshops & seminars related to crypto-currencies and its beneficial use cases for people of South Africa.
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Lack of awareness about novel technologies expected to hamper the global digital asset trading platform market
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North America to account for major share of the global digital asset trading platform market
In terms of region, the global digital asset trading platform market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa
North America is anticipated to account for major share of the global digital asset trading platform market during the forecast period due to presence of major players in the region coupled with increasing technological advancements, indicating potential growth of the digital asset trading platform market in the region. Europe is expected to be the second largest market for digital asset trading platforms from 2019 to 2027.
Asia Pacific is likely to be a rapidly growing market for digital asset trading platforms during the forecast period due to increasing crypto-currency and Bitcoin transactions specifically in Japan, Australia etc.
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Key Players Operating in the Global Digital Asset Trading Platform Market
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