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Survey: 26% of Singapore residents hold digital assets, with young users dominating."

On April 8, according to a new survey by Singapore crypto payment company Triple-A, more and more people in Singapore own cryptocurrency, among which young users are leading the way in using cryptocurrency to meet daily financial needs (such as online shopping and bill payment). The number of Singapore residents owning cryptocurrencies is increasing, and by 2024, the proportion of people owning digital assets will reach 26%, up from 24.4% in 2023. Among those who hold cryptocurrency, the majority (52%) already use cryptocurrency to purchase goods and services, and 67% of them plan to increase their use of cryptocurrency for payments in the future. In addition, Generation Z and Millennials (i.e., those aged 16 to 44 as of 2025) are leading the way in cryptocurrency holdings, with approximately 40% holding cryptocurrency. Among this group, 41.1% use cryptocurrency for online shopping, 35.9% use cryptocurrency to pay bills, and 27% use cryptocurrency to purchase in-store retail products.

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