{"id":57493,"date":"2025-11-09T14:16:46","date_gmt":"2025-11-09T14:16:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=57493"},"modified":"2025-11-09T14:16:46","modified_gmt":"2025-11-09T14:16:46","slug":"this-week-in-crypto-asia-indias-youth-drives-crypto-adoption-philippines-nabs-chinese-crypto-scamsters-china-ramps-up-btc-accumulation","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=57493","title":{"rendered":"This Week In Crypto Asia: India\u2019s Youth Drives Crypto Adoption, Philippines Nabs Chinese Crypto Scamsters, China Ramps Up BTC Accumulation"},"content":{"rendered":"<div>\n<p>Another week has come and gone, and the emergence of Asia within the larger crypto landscape has been ever-rapid and consistent. Its tech-savvy population, mobile-first economies, and an ever-increasing appetite for financial innovation have fueled crypto\u2019s widespread adoption in Asia.<\/p>\n<p>While there are differences in the regulatory approaches of different countries toward crypto, it cannot be denied that Asia as a whole has come into its own as a crypto powerhouse.<\/p>\n<p>Here are some of the big headliners from this past week.<\/p>\n<h2>Binance CEO Richard Teng: India Drives Crypto Growth In Asia<\/h2>\n<p>India has become a major player in the global crypto scene. Binance CEO, Richard Teng, believes that India\u2019s tech-savvy youth is a big reason why. In a CNBC <a class=\"general-link\" href=\"https:\/\/www.cnbc.com\/video\/2025\/11\/03\/binance-ceo-on-crypto-mainstream-regulations-and-founders-pardon.html\" target=\"_blank\" rel=\"noopener nofollow\">interview<\/a>, Teng called India a very important market and explained that in countries with large, digitally native populations, crypto adoption tends to happen much faster.<\/p>\n<p>Further, he pointed out that India ranks high on Chainalysis\u2019s Global Crypto Adoption <a class=\"general-link\" href=\"https:\/\/www.chainalysis.com\/blog\/2025-global-crypto-adoption-index\/\" target=\"_blank\" rel=\"noopener nofollow\">Index<\/a>, all thanks to its demographics and growing interest in digital assets.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1ee-1f1f3.png\" alt=\"\ud83c\uddee\ud83c\uddf3\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Binance CEO Richard Teng says India could be the next crypto superpower, citing its young, tech-savvy population and ongoing talks with regulators. <a href=\"https:\/\/t.co\/Y44ikFWSQP\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/Y44ikFWSQP<\/a><\/p>\n<p>\u2014 Crypto India (@CryptooIndia) <a href=\"https:\/\/twitter.com\/CryptooIndia\/status\/1985285730533544329?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>While there are many regulatory hurdles to deal with, Teng is optimistic about India, as he thinks that clearer rules from the government will help India strengthen its position in crypto Asia.<\/p>\n<p>Moreover, he emphasized the importance of smart regulation and voiced out Binance\u2019s experience in working across 22 licensed jurisdictions.<\/p>\n<p>\u201cIf the regulator can give a lot of clarity and come up with smart regulation to support the likes of stablecoins, utility, crypto trading, crypto asset management, custody, the better it is for the industry and the greater the crypto adoption that we will see,\u201d he said.<\/p>\n<p>Meanwhile, India\u2019s stance on crypto has remained cautious. However, it has made some progress, especially after a recent <a class=\"general-link\" href=\"https:\/\/legal.economictimes.indiatimes.com\/news\/litigation\/madras-high-court-declares-cryptocurrency-as-property-under-indian-law\/124986743\" target=\"_blank\" rel=\"noopener nofollow\">court ruling <\/a>that recognized crypto as property, giving it legal standing.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-crypto-to-buy\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">Top 20 Crypto to Buy in 2025<\/a><\/strong><\/p>\n<h2>Trump Says US Must Lead As China Ramps Up BTC Adoption<\/h2>\n<p>In a recent interview, US President Donald Trump said that China is getting heavily involved in Bitcoin and crypto, as he voiced his concerns that the US could, in the near future, lose its lead in digital finance.<\/p>\n<p>He told CBS that, \u201cChina is getting very big into Bitcoin and crypto right now,\u201d and that falling behind could hurt America\u2019s economy and tech leadership.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> Trump doubles down on digital dominance:<\/p>\n<p>\u201cI only care about one thing \u2014 will the U.S. be number one in <a href=\"https:\/\/twitter.com\/search?q=%24crypto&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">$crypto<\/a>? China is getting into it very big.\u201d <a href=\"https:\/\/t.co\/M5cG5KsqYk\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/M5cG5KsqYk<\/a><\/p>\n<p>\u2014 COACHTY (@TheRealTRTalks) <a href=\"https:\/\/twitter.com\/TheRealTRTalks\/status\/1985343195316670572?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">November 3, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Trump also defended his decision to <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/how-much-did-a-presidential-pardon-cost-cz-700k-if-binance-offers-any-clues\/\" target=\"_blank\" rel=\"noopener\">pardon <\/a>Binance Co-Founder Changepeng Zhao (CZ). He called the case a Biden witch hunt and said that CZ is \u201ca highly respected, successful guy\u201d who was treated unfairly.<\/p>\n<p>\u201cI didn\u2019t know him personally,\u201d Trump said, \u201cbut I thought he was treated with great unfairness. He was a victim of a vicious group in the Biden administration.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/1f1fa-1f1f8.png\" alt=\"\ud83c\uddfa\ud83c\uddf8\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> BREAKING: President Trump speaks about the pardon for CZ.<\/p>\n<p>&#8220;They said, what he did is not even a crime, wasn&#8217;t a crime\u2026 I gave him a pardon at the request of a lot of good people.&#8221; <a href=\"https:\/\/t.co\/abvBTaxkxl\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/abvBTaxkxl<\/a><\/p>\n<p>\u2014 CoinDesk (@CoinDesk) <a href=\"https:\/\/twitter.com\/CoinDesk\/status\/1981459610297925902?ref_src=twsrc%5Etfw\" rel=\"nofollow\" target=\"_blank\">October 23, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He mentioned that his sons are more involved in crypto than he is, but he sees digital assets as important to the US economy. Trump claimed, \u201cWe\u2019re number one in crypto in the whole world because I\u2019m the president.\u201d<\/p>\n<p>China has quietly re-entered the crypto space despite its blanket ban on crypto in its country. <a class=\"general-link\" href=\"https:\/\/bitbo.io\/treasuries\/countries\/\" target=\"_blank\" rel=\"noopener nofollow\">Data <\/a>from Bitbo shows that China holds 194,000 BTC ($20.89 billion), slightly less than the US\u2019s 198,012 BTC (worth $21.32 billion).<\/p>\n<p><a class=\"general-link\" href=\"https:\/\/bitbo.io\/treasuries\/countries\/\" target=\"_blank\" rel=\"noopener nofollow\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-306346\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/BTC-Holdings-Per-China-Vs-US-300x194.png\" alt=\"BTC Holdings Per China Vs US\" width=\"1161\" height=\"751\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/BTC-Holdings-Per-China-Vs-US-300x194.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/BTC-Holdings-Per-China-Vs-US-1024x661.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/BTC-Holdings-Per-China-Vs-US-768x496.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/11\/BTC-Holdings-Per-China-Vs-US-50x32.png 50w\" sizes=\"auto, (max-width: 1161px) 100vw, 1161px\"><\/a><\/p>\n<p>(Source: <a class=\"general-link\" href=\"https:\/\/bitbo.io\/treasuries\/countries\/\" target=\"_blank\" rel=\"noopener nofollow\">Bitbo<\/a>)<\/p>\n<p>Trump ended by saying, \u201cWe are number one, and that\u2019s the only thing I care about. I don\u2019t want China or anybody else to take it away.\u201d<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-crypto-to-explode\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">20+ Next Crypto to Explode in 2025<\/a><\/strong><\/p>\n<h2>Crypto Scam Network Busted: 2 Chinese Natives Held In The Philippines<\/h2>\n<div class=\"output-content\">Authorities arrested two Chinese nationals in two separate operations on 5 November 2025, in Pasay City, Philippines, for running online crypto scams.<\/div>\n<div><\/div>\n<div class=\"output-content\">In the first raid, officers from the Criminal Investigation and Detection Group (CIDG), Department of Justice (DOJ), and the Bureau of Immigration\u2019s Fugitive Search Unit (BI-FSU) entered a housing unit to find one of the suspects <a class=\"general-link\" href=\"https:\/\/www.gmanetwork.com\/news\/topstories\/metro\/965059\/bi-nabs-chinese-national-running-crypto-scam-at-home\/story\/\" target=\"_blank\" rel=\"noopener nofollow\">actively operating<\/a> a crypto scam on his computer.<\/div>\n<p><iframe loading=\"lazy\" title=\"2 Chinese na sangkot umano sa crypto scamming activities, arestado | Unang Balita\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/j5giQO_pTaE?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Meanwhile, in the second operation, the Bureau of Immigration (BI), the National Bureau of Investigation (NBI), and the Department of Information and Communications Technology (DICT) arrested another Chinese national working for the same scam group.<\/p>\n<p>Investigators found software and scripts on their computers that were used to trick victims into investing in fake crypto platforms.<\/p>\n<p>\u201cScammers pretend to train victims to invest. They show fake profits to make the victims believe they are earning,\u201d said BI-FSU Chief Rendel Sy.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-meme-coins\/\" target=\"_blank\" rel=\"nofollow noopener sponsored\">9+ Best Memecoin to Buy in 2025<\/a><\/strong><\/p>\n<div class=\"nnbtc-key-takeaways\">\n<h2 class=\"nnbtc-key-takeaways__title\">Key Takeaways<\/h2>\n<ul class=\"nnbtc-key-takeaways__list\">\n<li class=\"nnbtc-key-takeaways__list-item\">\n        India\u2019s youth and tech culture are driving rapid crypto adoption across Asia    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Trump warns U.S. could lose crypto leadership as China ramps up Bitcoin activity    <\/li>\n<li class=\"nnbtc-key-takeaways__list-item\">\n        Authorities in the Philippines busted a crypto scam targeting both locals and foreigners    <\/li>\n<\/ul><\/div>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/this-week-in-crypto-asia-indias-youth-drives-crypto-adoption-philippines-nabs-chinese-crypto-scamsters-china-ramps-up-btc-accumulation\/\">This Week In Crypto Asia: India\u2019s Youth Drives Crypto Adoption, Philippines Nabs Chinese Crypto Scamsters, China Ramps Up BTC Accumulation<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Another week has come and gone, and the emergence of Asia within the larger crypto landscape has been ever-rapid and consistent. Its tech-savvy population, mobile-first economies, and an ever-increasing appetite for financial innovation have fueled crypto\u2019s widespread adoption in Asia. While there are differences in the regulatory approaches of different countries toward crypto, it cannot [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-57493","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57493"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/57493\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}