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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 ....

Lasanka Perera , Research Cryptocurrency Index , Monetary Authority Of Singapore , Female Investors , High Income Earners , Independent Reserve , Chief Executive Officer , Reserve Singapore , Independent Research Cryptocurrency Index , Monetary Authority , Reserve Cryptocurrency Index , Singapore Scored 55 Out Of 100 , Ndicatinga Hit To Respondents 39 Confidence In Cryptocurrency 44 Hold At Least 10 Of Crypto Their Portfolio 40 Are Likely Invest The Next 12 Months Deep Dive Into Attitudes Toward Across Three New Segments This Year Female Investors , High Income Earners , Nd Young Adults Singapore , March 29 , 023 Prnewswire In The Latest Study 1 By Independent Reserve , Ingapore 39s First Regulated Cryptocurrency Exchange For All Investors , Ingaporeans 2 Are Still Actively Investing In Cryptocurrency Despitea Hit Overall Confidence The Nation Scored 55 3 On Irci This Year , A Decline From Last Year 39s Score Of 61 The Dip In Confidence Can Be Attributed To Difficult Industry Had 2022 Nevertheless , 4 Of Singaporeans Hold At Least 10 Cryptocurrency In Their Portfolio , Here 46 Invest Up To 1 , 000 Per Month On Cryptocurrency Key Irci 2023 Highlights 1 Awareness 91 Are Aware Of At Least One 26 35 Year Olds Most Bitcoin Retains Highest 87 2 Adoption 44 Hold 10 In Their Portfolio 47 Have Been Investing For Years About Half Singaporeans , Nvest Up To 1 , 000 Month On Cryptocurrency 54 Use To Diversify Portfolio , 3 Invest Because Of Friends And Family 47 Do So Out Curiosity ,