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Singapore Crypto Market Surges 55% Amid Regional Contraction

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Singapore's cryptocurrency market saw significant growth in the year ended June 2026, with total crypto economic activity rising by 55.4% to $284 billion, according to Chainalysis.

This helped Singapore regain its position as the largest crypto economy in Central and Southeast Asia and Oceania (CSAO), despite a broader regional contraction of 6.8%

The growth was largely driven by institutional platform activity, which surged 94% to $60 billion, with most of it concentrated among a few market makers, over-the-counter trading firms, and institutional brokerages.

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