More people own crypto in Singapore, with younger users leading the way: Survey

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 per cent of them owning digital assets in 2024, up from 24.4 per cent in 2023.

Of those who hold crypto, a majority, or 52 per cent, have paid for goods and services with it, and 67 per cent plan to increase their usage of crypto for payments in future.

Gen Zs and millennials, or those aged between 16 and 44 years old as at 2025, lead in crypto ownership, with about 40 per cent of them holding crypto. Of this group of people, 41.1 per cent of…

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