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Singapore’s cryptocurrency ownership rate at 28%

Newsflash Asia

- May 28, 2025

Gemini’s 2025 Global State of Crypto report reveals that nearly one in four people globally now own cryptocurrency, marking an increase from 21% in 2024 to 24% in 2025.

The report, which surveyed over 7,000 consumers across the US, UK, France, Italy, Singapore, and Australia, highlights Singapore as having the highest ownership rate at 28%.

The report attributes part of this growth to the pro-crypto policies of the Trump Administration in the US, which have sparked increased confidence in digital assets. President Donald Trump has established a Strategic Bitcoin Reserve and reshaped the Securities and Exchange Commission to support innovation, leading to a rise in interest among non-owners.

In the US, 31% of investors who own both memecoins and traditional cryptocurrencies report that they purchased their memecoins first, followed by 30% in Australia, 28% in the UK, 23% in Singapore, 22% in Italy, and 19% in France.

The report also notes a growing interest in crypto exchange-traded funds (ETFs), with 39% of US crypto owners investing in them, up from 37% in 2024. This trend is also seen in Italy, the UK, and Singapore.

Marshall Beard, Chief Operating Officer at Gemini, stated, “The United States has proven itself as a global leader in web3 and blockchain technology with the addition of Trump’s pro-crypto policies.” The report suggests that these developments position the crypto industry for significant growth globally.
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This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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