Crypto awareness in Singapore has reached an all-time excessive, with 94% of respondents in a current survey indicating familiarity with not less than one digital asset.
Nevertheless, ownership declined, falling to 29% in 2025 from 40% the earlier 12 months, according to Impartial Reserve’s fifth annual Singapore Crypto Market Survey launched on Might 21.
The survey, carried out in February with 1,500 individuals, revealed that males stay extra lively in crypto investing than girls, 35% in comparison with 24%.
Millennials and Gen X (aged 25–54) dominate the investor base, comprising 71% of all holders. Amongst these buying and selling not less than as soon as per week, 76% fall into this age group.
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Half of Singaporean traders plan to extend holdings
Regardless of the decline in ownership, sentiment stays robust. Over half of present holders (53%) plan to extend their positions in the following 12 months, and 17% of non-holders expressed curiosity in coming into the market.
Bitcoin (BTC) continues to be the anchor of the crypto market in Singapore. It’s held by 68% of crypto traders and seen by 86% as both a foreign money, retailer of worth or funding asset. Notably, 77% say Bitcoin can be value over $100,000 by 2030.
Direct ownership stays the popular technique of publicity, with 61% selecting to carry their belongings immediately as a substitute of via exchange-traded funds (ETFs).
Arbitrage buying and selling can also be on the rise, with 67% of respondents saying that they had offered half or all of their holdings to capitalize on worth swings in the previous 12 months.
In the meantime, 46% of traders maintain stablecoins, primarily for buying and selling and DeFi actions, with 83% of those tied to the US greenback.
Memecoins stay a speculative nook of the market, with 28% of respondents holding not less than one, with Dogecoin (DOGE) being the most well-liked.
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Singapore turns into a worldwide crypto hub
Singapore has cemented its position as a worldwide hub for blockchain and cryptocurrency improvement, in response to a December 2024 report by ApeX Protocol.
The research mentioned Singapore leads the world with 1,600 blockchain patents, 2,433 crypto-related jobs, and 81 lively cryptocurrency exchanges.
Hong Kong positioned second, with 890 blockchain patents, 1,163 jobs in the sector, and 52 crypto exchanges, reflecting town’s continued push in the digital asset house.
In 2024, Singapore doubled down on its regulatory momentum. The Financial Authority of Singapore issued 13 major payment institution licenses to crypto exchanges, greater than twice the quantity granted in 2023.
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