Crypto in Asia: Big Changes and New Rules in 2025

In 2025, Asia saw big moves in the crypto world. Bitcoin treasury firms, called DATs, became popular but faced scrutiny. Japan led the way with many listed companies holding Bitcoin, but regulators started looking into the risks. Hong Kong also joined in, with companies like 9GAG getting involved, but regulators there are cautious too. Stablecoins became a hot topic. The U. S. passed a law supporting stablecoins, which got China's attention. China has always been against crypto, but there were rumors they might launch their own stablecoin. In the end, China said no, but Hong Kong stepped up with new rules. Japan even launched its first regulated stablecoin, showing the region is serious about crypto.Governments in Asia had mixed reactions. South Korea got a new president who supports crypto, pushing for new rules. The Philippines saw blockchain as a way to fight corruption. But Singapore cracked down, telling companies to follow the rules or leave. Memecoins were still a thing. Stars like Yua Mikami launched their own coins, raising lots of money. There were even rumors of a "celebrity memecoin factory" in China. People also got excited about digital Pokémon cards, showing how nostalgia drives crypto trends. Overall, 2025 was a year of big changes in Asia's crypto scene. Rules are getting stricter, but the industry is still growing.