The APAC region accounts for half of the Global Crypto Adoption Index. Bitget suffers massive $352M loss and OpenAI forgets to mention its agents hacked the Australian Government.
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. 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.
Bitget said it has flagged addresses associated with the transfers and contacted law enforcement and onchain security firms. The amount affected falls within Bitget’s User Protection Fund, which currently holds more than $464 million.