Crypto awareness in Singapore hits record 94%, but ownership falls

From Cointelegraph

May 22, 2025 07:21 am:

Crypto awareness in Singapore is at a record high, with 94% familiar with digital assets. Ownership has dropped to 29%, but 53% plan to increase holdings. Bitcoin is dominant, with 68% holding it. Arbitrage trading is rising, with 67% selling to profit from price swings. Memecoins are popular, Dogecoin leads.

Singapore solidifies its position as a global crypto hub with 1,600 blockchain patents, 2,433 crypto jobs, and 81 exchanges. Hong Kong follows with 890 patents, 1,163 jobs, and 52 exchanges. Singapore granted 13 major payment institution licenses in 2024, signaling regulatory support for the industry’s growth.

Read more at Cointelegraph: Crypto awareness in Singapore hits record 94%, but ownership falls