Crypto awareness in Singapore reaches a new high with 94%-owner quota falls from 40% to only 29%

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Krypto-Bewusstsein in Singapur auf Rekordhoch Eine aktuelle Umfrage zeigt, dass das Bewusstsein für Kryptowährungen unter den Singapuranern auf einen neuen Höchststand von 94% gestiegen ist. Trotz dieser hohen Kenntnis über digitale Währungen zeigt sich jedoch ein deutlicher Rückgang in der tatsächlichen Nutzung: Nur 29% der Befragten besitzen Kryptowährungen, was einen Rückgang von 40% im Jahr …
Crypto awareness in Singapore At the record high A current survey shows that awareness of cryptocurrencies among Singaporans has increased to a new high of 94%. Despite this high knowledge of digital currencies, there is a significant decline in actual use: only 29% of those surveyed have cryptocurrencies, which has a decrease of 40% a year ... (Symbolbild/KNAT)

crypto awareness in Singapore on record high

A current survey shows that awareness of cryptocurrencies among Singaporeians has increased to a new high of 94%. Despite this high knowledge of digital currencies, there is a significant decline in actual use: only 29% of those surveyed have cryptocurrencies, which represents a decrease of 40% in 2024.

The increasing awareness of crypto indicates that more and more people in Singapore recognize the possibilities and potential of digital currencies. Nevertheless, the skepticism of investing in cryptocurrencies seems to be gaining weight or there may be other factors that prevent people from acting actively into the market.

The reasons for this decline could be varied. Most of the market, regulatory uncertainties or simply a tendency to caution have led to fewer people invest in cryptocurrencies. This development could also indicate that the interest in crypto, although it is high, is not necessarily implemented in actions.

Overall, the survey shows that the potential for future growth in the crypto sector in Singapore continues to exist, especially when it comes to further clarifying the population about the advantages and risks of cryptocurrencies.