Singapore: The world’s most crypto-focused nation
Singapore has boosted regulations surrounding crypto exchanges to curb money laundering – Copyright AFP Mohd RASFAN
Singapore is the most ‘crypto-obsessed’ country, with nearly a quarter of its population holding digital assets, according to a financial review. This comes at a time when Bitcoin is reaching a record-high price of nearly $120K.
The findings come from the firm ApeX Protocol, who set out to find which countries are using digital currencies to the highest level. The output has been shared with Digital Journal.
For the research, each country was analysed across four key factors reflecting public engagement and infrastructure: the share of the population owning cryptocurrency in 2024, the pace of adoption since…