Cash News
SINGAPORE — Cryptocurrency appears to have lost some of its shine among investors in Singapore versus their Western counterparts, a survey released Tuesday showed, amid volatile markets and a tough stance on the asset class by the city-state’s authorities.
According to the study, commissioned by New York-based crypto platform Gemini and carried out online by Data Driven Consulting Group, ownership of crypto in Singapore dropped to 26% in 2024 from 30% in a previous survey done in 2022.