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1 July 2022

This year has seen many Singaporean businesses adopt crypto into their strategic plans to meet with the surging demand in the country. 

A recent poll by found Singapore with the sixth highest rate of cryptocurrency ownership in the world with 16% of Singaporean adults now experimenting with crypto.     

The poll also found a high uptake rate in neighbouring countries with 18% of Malaysians trying crypto, and 17% in Indonesia and 16% in Hong Kong respectively.

The Government is also starting to act – the Monetary Authority of Singapore have said that they are working hard to enable a conducive environment for crypto related services to flourish in Singapore.

With this in mind, Qoin is thrilled to venture into Singapore as part of the global expansion program and we can’t wait to continue building the community in the Asia Pacific region.