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4 out of 10 Singaporeans Hold Cryptocurrency

None Singapore scored 55 out of 100, indicating a hit to respondents confidence in cryptocurrency • None 44% hold at least 10% of crypto in their portfolio;…

2023 Independent Reserve Cryptocurrency Index shows Singaporeans are still actively investing in crypto despite hit in overall confidence

In its 3rd edition, this year's Independent Reserve Cryptocurrency Index underscores Singaporeans' sustained interest in cryptocurrency investment, despite a dip in short-term confidence. The nation's score on the IRCI fell to 55 from last year's 61;.

2023 Independent Reserve Cryptocurrency Index shows Singaporeans are still actively investing in crypto despite hit in overall confidence

Singapore scored 55 out of 100, indicating a hit to respondents' confidence in cryptocurrency 44% hold at least 10% of crypto in their portfolio; 40% are likely to invest in the next 12 months Deep-dive into attitudes toward cryptocurrency across three new segments this year: Female Investors, High-income Earners, and Young Adults SINGAPORE, March 29, 2023 /PRNewswire/ In the latest study[1] by Independent Reserve, Singapore's first regulated cryptocurrency exchange for all investors, Singaporeans[2] are still actively investing in cryptocurrency despite a hit in overall confidence. The nation scored 55[3] on the IRCI this year, a decline from last year's score of 61. The dip in confidence can be attributed to the difficult year the industry had in 2022. Nevertheless, 44% of Singaporeans hold at least 10% of cryptocurrency in their portfolio, where 46% invest up to $1,000 per month on cryptocurrency. Key IRCI 2023 highlights 1. Awareness 91% are aware of at least one c

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