- Survey shows dip in ownership despite high crypto familiarity.
- Retail disengagement impacts local exchanges and liquidity.
- Youth and millennials show reduced crypto activity.
Singapore’s crypto ownership dropped to 29% in 2025 from 40% in 2024, despite high familiarity levels, according to a nationwide survey.
The significant decline in crypto ownership marks a setback for Singapore amidst its robust 90% familiarity rate, indicating potential shifts in user engagement and market dynamics.
A survey of 1,500 individuals, as noted in Singapore Crypto Ownership Drops to 29%: Survey Insights, revealed crypto ownership slid to 29% in 2025 from a previous high of 40%. Despite the decline, familiarity with cryptocurrencies remains substantial at 90%. The observed drop reverses an increasing trajectory observed in prior years.
A poll of 1,006 Singaporeans reveals that the younger generations are leading the way. Gen Z and Millennials (16-44) hold around 40% of cryptocurrency… This indicates physical retail adoption is building steam among younger cohorts.
Conducted without specified oversight, the survey aligns with similar trends observed by industry insiders who emphasize youth and millennial participation. No major executives from tech or finance sectors have publicly commented on this particular survey’s outcomes.
The decrease in ownership signals potential economic effects, such as diminished transaction volumes and lower liquidity for key assets like Bitcoin and Ethereum. Local exchange operators may experience decreased revenues due to reduced retail involvement in trading activities.
Previous years showed an increasing younger demographic, notably those aged 16 to 44, engaging with cryptocurrencies for various financial activities. This specific cohort’s recent disengagement could also influence broader crypto market demand and participation rates.
The decline raises questions on future financial and regulatory landscapes. Analysts speculate regulatory scrutiny or market shifts might alter prospects. Published figures suggest vigilance as market participants adapt strategies amid change.
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