The Asian region has the greatest impact on cryptocurrencies, despite the fact that China enforces a ban on digital assets. This conclusion was reached by the firm Mosaic, which conducted a study on the impact of news events in Asia on cryptocurrency prices. The company's research report states that news events in Asia have a significant effect on the volatility of Bitcoin, while the number of cryptocurrency exchanges targeting Asian investors continues to grow. Asian news has a considerable influence on cryptocurrency prices. The research report claims that major Asian news had a significant effect on fluctuations in the price of Bitcoin. In particular, it refers to "the 11 main news stories from the Asian region that, since 2013, have caused price movements in Bitcoin". What is interesting is that the price fluctuations ranged from 0.5% to 57.5% and occurred within 10 calendar days of the events mentioned.

The report also provides data showing that Asia accounts for 2/3 of the world's Bitcoin mining hashrate, while it is also home to 11 of the 17 largest mining pools that take part in producing that computing power. 1/3 of new exchanges in 2018 were registered in Asia. According to the report, in 2018 3 of the 9 new exchanges were registered in mainland China, Hong Kong and Singapore. In addition, it is reported that in 2017 the countries of Asia registered 20 of the 37 new exchanges. At that time Singapore alone saw 8 new exchange operators appear, followed by Hong Kong (with 4 exchanges), as well as South Korea and mainland China (with 2 exchanges each). Mosaic notes that the current growth in the number of new cryptocurrency exchanges in Asia is most likely linked to the Chinese ban on digital currencies, since in the first half of 2018 hardly any new exchanges appeared in the region.

The Mosaic report claims that as of the end of July 2018, 86 cryptocurrency exchanges in Asia were trading bitcoins. It turned out that they support 24 different languages, nine of which are Asian languages: Mandarin, Korean, Japanese, Cantonese, Vietnamese, Thai, Hindi, Indonesian and Malay. The second and most widely supported language was found to be Mandarin, which 65% of exchanges use by default or as an additional language. In addition, it turned out that Asian exchanges support the following languages: English (97% of exchanges); Korean (33% of exchanges); Russian (30% of exchanges); Japanese (23% of exchanges).