Banks Hold the Key to Crypto Adoption
A new Avaloq study reveals that while crypto interest is booming in Singapore, traditional banks hold the decisive role in unlocking the next wave of digital asset adoption.
Singaporean investors are showing strong curiosity about digital assets, but adoption still lags behind regional peers.
According to a , 26 percent of investors in Singapore already hold crypto – a lower share compared with the UAE (39 percent), Switzerland (37 percent), and Hong Kong (30 percent). Only 17 percent invest via their existing financial services provider.
Trust Is the Missing Link
The findings underline a clear opportunity for banks: almost half, 48 percent, of Singaporean non-crypto investors would be willing…
