Modern method: Pedestrians on Orchard Road in Singapore. Among the older generation of crypto users, 42.9% of them use crypto for P2P transactions, followed by 35.7% for online shopping and 17.2% for bill payments. — Bloomberg
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.
