43% of Singaporeans own crypto, according to Independent Reserve survey
The inaugural 2021 Independent Reserve Cryptocurrency Index, or IRCI, is based on a poll of 1,000 Singaporeans from a representative background of gender, age and location. Cryptocurrency adoption is growing in Singapore, especially among younger generations looking to capitalize on the generational wealth potential of Bitcoin (BTC) and other digital assets, according to a new survey conducted by Asia-Pacific cryptocurrency exchange Independent Reserve. Forty-three percent of the polled respondents said they owned cryptocurrency, with 46% planning to buy digital assets in the next 12....
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Independent Reserve’s survey revealed a strong affinity for various financial opportunities brought forward by decentralized finance and other investment opportunities. As Singapore continues to play an active role in boosting crypto adoption across the Asia-Pacific region, the country’s first licensed crypto exchange Independent Reserve conducted a retail-focused survey to better understand the underlying potential of the regulated market.Independent Reserve’s survey — conducted across all age groups and genders of the Singapore population — revealed a strong affinity for various....
The ICRI survey of 2,000 Aussies also found that 56.7% of the women surveyed said that they would enter the crypto market based on advice from family and friends. A new survey shared with Cointelegraph has found that the proportion of Australian women who own crypto assets has doubled in the last year. The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) of 2000 Australians found that the number of women who currently or have previously invested in crypto rose from 10.3% in 2020 to 20% in 2021. The percentage of female Bitcoin owners also rose from 8.3% to 14.8% according to the....
Australia’s overall crypto perception improved in 2020 but adoption among women is still lacking. A recently published survey by the cryptocurrency exchange platform Independent Reserve shows nearly 20% of young adults in Australia own virtual currencies in 2020.According to the 2020 edition of the Independent Reserve Cryptocurrency Index (IRCI), Australia’s general crypto sentiment improved significantly compared to 2019. Indeed, figures from the IRCI survey put the 2020 crypto index at 47, a gain of over 10% from its previous value of 42, published in the 2019 reportThe survey, which....
The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other is Independent Reserve, a crypto exchange and OTC trading desk.
Singapore’s Central Bank Formally Approves DBS and Independent Reserve
DBS Bank announced Friday that its brokerage arm, DBS Vickers (DBSV), “has received formal approval from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019 to provide digital....
CEO of Independent Reserve Adrian Przelozny told Cointelegraph that he expects the trend to continue as crypto matures and becomes less volatile. The 2021 Independent Reserve’s Cryptocurrency Index (IRCI) survey of more than 2,000 people found that the percentage of Australians surveyed who own or have owned crypto has reached 28.8%, up from 18.4% in 2020.The results suggest that growth in the sector is being driven by the positive experience of those who own crypto, with 89% of those surveyed saying they have made money or broken even, up from 78% in 2020. Independent Reserve CEO Adrian....