52% of Crypto Holders in Singapore Use It for Payments of Goods and Services: Reports — TradingView News
Key Takeaways:
- Over half of Singapore’s crypto owners use digital currencies for regular purchases.
- Gen Z and millennials lead adoption with 40% ownership and frequent retail use.
- Companies like Sony now accept crypto payments despite ongoing user challenges.
Cryptocurrency is becoming a practical payment method in Singapore, driven by tech-savvy youth and increasing transaction volumes.
While adoption grows steadily, challenges like complexity and limited acceptance remain.
More people own crypto in Singapore, with younger users leading the way: Survey — The Straits Times (@straits_times)
, ownership rates in Singapore increased to 26% in 2024, up from 24.4% the previous year.Digital Native Spending vs Traditional Transfer Patterns
The…
