The survey indicates that 61% of finance-savvy retail investors in Singapore own cryptocurrency, valuing trust in exchanges over low fees as the main factor in their investment decisions.
Among respondents, 58% consider themselves long-term crypto holders, maintaining an average of three tokens and less than 10% of their portfolios in crypto. Social media is cited as the primary educational source by 62%.
Singapore showcases a progressive yet strict regulatory framework, having enacted comprehensive crypto regulations. Current regulations are expected to reinforce stability in the market, especially concerning stablecoins.
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