Crypto consciousness in Singapore has reached an all-time excessive, with 94% of respondents in a latest survey indicating familiarity with at the least one digital asset.
Nevertheless, possession declined, falling to 29% in 2025 from 40% the earlier 12 months, based on Unbiased Reserve’s fifth annual Singapore Crypto Market Survey launched on Might 21.
The survey, carried out in February with 1,500 members, revealed that males stay extra lively in crypto investing than ladies, 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 at the least as soon as every week, 76% fall into this age group.
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Half of Singaporean buyers plan to extend holdings
Regardless of the decline in possession, sentiment stays robust. Over half of present holders (53%) plan to extend their positions within the subsequent 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 buyers and considered by 86% as both a foreign money, retailer of worth or funding asset. Notably, 77% say Bitcoin might be value over $100,000 by 2030.
Direct possession stays the popular technique of publicity, with 61% selecting to carry their belongings straight as a substitute of via exchange-traded funds (ETFs).
Arbitrage buying and selling can also be on the rise, with 67% of respondents saying they’d offered half or all of their holdings to capitalize on value swings prior to now 12 months.
In the meantime, 46% of buyers 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 at the least 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 growth, based on 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 within the sector, and 52 crypto exchanges, reflecting town’s continued push within the digital asset house.
In 2024, Singapore doubled down on its regulatory momentum. The Financial Authority of Singapore issued 13 main fee establishment licenses to crypto exchanges, greater than twice the quantity granted in 2023.
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