Photo by Jievani Weerasinghe on Unsplash
The Lion City’s crypto adoption rate is 25%.
Singapore ranked as the 10th most ready market for crypto adoption.
Data from HedgewithCrypto showed that searches about crypto in Singapore have risen 234% since 2020, making the Lion City the highest interest in crypto amongst markets in the list.
“There are 540 crypto-related searches every month per 100,000 people in Singapore, the highest of any country on this list,” HedgewithCrypto said in a report.
Meanwhile, the report also revealed that Singapore has a crypto adoption rate of 25% but still has no crypto ATMs.
Taking into account these three factors, Singapore received an overall crypto-ready score of 6.02 out of 10.
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