May 23, 2025<\/p>\n\n\n\n
By Anjali Kochhar<\/p>\n\n\n\n
In 2025, Singapore witnessed a decline in cryptocurrency ownership, with 26% of residents aged 18 to 75 reporting ownership of digital assets, down from 30% in 2022, according to a global study by Gemini. This trend contrasts with stable ownership rates in countries like the United States, United Kingdom, and France.<\/p>\n\n\n\n
The decrease in crypto ownership in Singapore is attributed to heightened market volatility and economic uncertainties. Notably, 30% of former crypto investors cited losses as their primary reason for exiting the market. However, the pace of sell-offs has slowed, with only 10% of respondents selling their cryptocurrencies in the past six months, compared to 49% over a year ago. This suggests a growing segment of investors adopting a long-term perspective on digital assets.<\/p>\n\n\n\n
Despite the decline in ownership, optimism remains among Singaporean investors. Approximately 70% of past crypto owners expressed interest in re-entering the market within the next year. Bitcoin continues to be the most held digital asset, followed by Ethereum, indicating sustained confidence in established cryptocurrencies.<\/p>\n\n\n\n
Demographically, millennials, particularly those aged 26 to 35, represent the largest group of crypto holders in Singapore.However, a gender disparity persists, with only 34% of women reporting ownership of digital assets. This highlights the need for increased financial education and inclusion efforts targeting underrepresented groups.<\/p>\n\n\n\n
Regulatory uncertainty remains a significant barrier to crypto investment in Singapore. In 2024, 49% of respondents identified regulatory concerns as a deterrent, up from previous years. Nevertheless, the Monetary Authority of Singapore (MAS) has been working towards providing clearer guidelines to foster a more secure and transparent crypto environment.<\/p>\n\n\n\n
While Singapore’s crypto adoption has experienced a downturn, the underlying interest and belief in the potential of digital assets persist. <\/p>\n\n\n\n
About the author<\/strong><\/strong><\/p>\n\n\n\n Anjali Kochhar covers cryptocurrency and blockchain stories in India as well as globally. Having been in the field of media and journalism for over four years now, she has developed a sharp news sense and works hard to present information that goes beyond the obvious. She is an avid reader and loves writing on a wide range of subjects.<\/p>\n","protected":false},"excerpt":{"rendered":" May 23, 2025 By Anjali Kochhar In 2025, Singapore witnessed a decline in cryptocurrency ownership, with 26% of residents aged 18 to 75 reporting ownership of digital assets, down from 30% in 2022, according to a global study by Gemini. This trend contrasts with stable ownership rates in countries like the United States, United Kingdom, and […]<\/p>\n","protected":false},"author":4,"featured_media":6361,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[129],"tags":[],"class_list":["post-7720","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ethereum"],"yoast_head":"\n