Singapore’s Crypto Awareness Surges: Trends and Ownership Insights
A recent survey reveals that cryptocurrency awareness in Singapore has reached record heights, with 94% of respondents claiming familiarity with at least one digital asset. However, actual ownership rates dipped from 40% in 2023 to 29% in 2024, according to the fifth annual Singapore Crypto Market Survey released on May 21. The findings indicate that while more individuals are aware of crypto assets, fewer are investing. The survey also shows a gender disparity, with 35% of men participating in crypto investing compared to 24% of women. As the landscape evolves, understanding these trends is essential for future engagement and investment strategies.