Crypto ownership surges among youths
SINGAPORE: More people in Singapore own cryptocurrencies and younger users among them are leading the way in using the asset for daily financial needs, such as online shopping and bill payments, a new study shows.
The number of Singapore residents who own cryptocurrencies is on the rise, with 26% of them owning digital assets in 2024, up from 24.4% in 2023.
Of those who hold crypto, a majority, or 52% of them, have paid for goods and services with it, and 67% of them plan to increase usage of crypto for payments in the future.
Gen Zs and millennials, or those aged between 16 and 44 years old as at 2025, lead in crypto ownership, with about 40% of them…
