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Why is Crypto Ownership Plummeting in Singapore?

  • Crypto ownership among Singaporeans decreased from 40% in 2023 to 29% in 2024 despite a record-high awareness of 94%.
  • A 2025 survey revealed that 49% of crypto investors in Singapore sold part or all of their holdings in 2024, with 67% making a profit.
  • Bitcoin remains the dominant asset in Singapore, with over 68% of crypto investors holding BTC.
  • Stablecoins are gaining momentum in Singapore, with 21% of investors currently owning them, driven by regulatory clarity and their connection to fiat currency.

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