{"id":13946,"date":"2026-10-01T07:55:50","date_gmt":"2026-10-01T07:55:50","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=13946"},"modified":"2026-10-01T07:55:50","modified_gmt":"2026-10-01T07:55:50","slug":"singapore-reclaims-crypto-lead-as-activity-surges","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=13946","title":{"rendered":"Singapore Reclaims Crypto Lead as Activity Surges"},"content":{"rendered":"

<\/p>\n

\n
\n
\n
    \n
  • Singapore\u2019s crypto economy grew 55.4% to US$284 billion (AU$409 billion) in the year to 30 June, the largest in Central & Southeast Asia and Oceania, according to Chainalysis.<\/span><\/li>\n
  • Activity on institutional platforms in Singapore rose 94% to US$60 billion (AU$86.4 billion), with most of it concentrated among a small number of market makers, OTC desks and institutional brokerages.<\/span><\/li>\n
  • Australia ranked second at US$173.1 billion (AU$249.3 billion), with total activity down 5.6% and activity on institutional platforms up 33.3%.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    Singapore was the largest crypto economy in Central & Southeast Asia and Oceania in the year to 30 June, Chainalysis said on Wednesday.<\/p>\n

    Its crypto activity grew 55.4% to US$284 billion (AU$409 billion) over that period, according to the blockchain analytics firm\u2019s regional report. The region as a whole contracted 6.8%.<\/p>\n

    Read more: ESMA Sharpens Crypto Oversight as MiCA Moves From Rules to Supervision<\/strong><\/p>\n

    Institutional Platforms Drive Growth<\/h2>\n

    Much of Singapore\u2019s growth came from institutional platforms. Their activity rose 94% to US$60 billion (AU$86.4 billion). That compares with growth of 19% for the rest of the region and 15% for the rest of the world.<\/p>\n

    Chainalysis said a small number of market makers, over-the-counter trading firms and institutional brokerages handled much of that activity. Beyond institutional platforms, flows into Singapore\u2019s centralised exchanges rose 30%, and flows into decentralised exchanges climbed 69%.<\/p>\n

    Daniel Yang, head of compliance at Singapore trading firm QCP Group, told Chainalysis the city-state has strengthened its digital asset rules step by step. He pointed to its Digital Payment Token licensing regime and its stablecoin framework.<\/p>\n

    Singapore also took in more cross-border crypto than it sent. Its cumulative net inflow reached about US$5 billion (AU$7.2 billion) by mid-2026.<\/p>\n

    Australia Ranks Second<\/h2>\n

    Australia was the region\u2019s second-largest crypto economy at US$173.1 billion (AU$249.3 billion). Its total activity fell 5.6%, largely on a drop in decentralised exchange flows.<\/p>\n

    Institutional-platform activity moved the other way, rising 33.3% to US$39.92 billion (AU$57.5 billion). Those platforms took 24.8% of all service inflows in Australia. Market makers accounted for 35% of the institutional inflows, and custody and collateral providers for 26%.<\/p>\n

    BTC Markets head of risk and compliance Nicolas Gilardi credited a boom in products that suit traditional investors, such as retirement accounts and ETFs. \u201cThe defining shift in 2026 is that crypto stopped being a retail story. 2025 was about who was buying\u201d, he said.<\/p>\n

    Digital Economy Council of Australia CEO Amy-Rose Goodey pointed to two rules that have lifted institutional confidence. One is the 2026 expansion of anti-money laundering rules to more crypto providers. The other is ASIC\u2019s licensing regime for digital asset and tokenised custody platforms, due to start in 2027.<\/p>\n

    Ahead of that regime, crypto businesses relying on ASIC\u2019s no-action relief had until 30 September to apply for an Australian financial services licence.<\/p>\n

    Chainalysis counted about 2 million cross-border stablecoin transfers from Australia in 2025\u201326, up from roughly 100,000 in 2021\u201322. Their value reached slightly more than US$3 billion (AU$4.3 billion) over the same year. Bitcoin transfers fell to just over 1 million from their 2023\u201324 peak.<\/p>\n

    Across the region, cross-border stablecoin activity exceeded domestic activity in every market the firm analysed.<\/p>\n

    Read more: Altman and Amodei Asked to Face Australian Senate After OpenAI Agent Breaches Government Sites<\/strong><\/p>\n<\/p><\/div>\n

    Cryptocurrency,Singapore#Singapore #Reclaims #Crypto #Lead #Activity #Surges1790841350<\/p>\n","protected":false},"excerpt":{"rendered":"

    Singapore\u2019s crypto economy grew 55.4% to US$284 billion (AU$409 billion) in the year to 30 June, the largest in Central & Southeast Asia and Oceania, according to Chainalysis. Activity on institutional platforms in Singapore rose 94% to US$60 billion (AU$86.4 billion), with most of it concentrated among a small number of market makers, OTC desks<\/p>\n","protected":false},"author":1,"featured_media":13947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[1044,62,3591,2310,3595,1797],"class_list":["post-13946","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-activity","tag-crypto","tag-lead","tag-reclaims","tag-singapore","tag-surges"],"yoast_head":"\nSingapore Reclaims Crypto Lead as Activity Surges - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=13946\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Singapore Reclaims Crypto Lead as Activity Surges\" \/>\n<meta property=\"og:description\" content=\"Singapore\u2019s crypto economy grew 55.4% to US$284 billion (AU$409 billion) in the year to 30 June, the largest in Central & Southeast Asia and Oceania, according to Chainalysis. Activity on institutional platforms in Singapore rose 94% to US$60 billion (AU$86.4 billion), with most of it concentrated among a small number of market makers, OTC desks\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=13946\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-10-01T07:55:50+00:00\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13946\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=13946\",\"name\":\"Singapore Reclaims Crypto Lead as Activity Surges - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13946#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13946#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/singapore-crypto-leader.jpg\",\"datePublished\":\"2026-10-01T07:55:50+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13946#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=13946\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13946#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/singapore-crypto-leader.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/singapore-crypto-leader.jpg\",\"width\":1920,\"height\":1047},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=13946#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Singapore Reclaims Crypto Lead as Activity Surges\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto & Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Singapore Reclaims Crypto Lead as Activity Surges - Crypto News: Latest Cryptocurrency News and Analysis","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=13946","og_locale":"en_US","og_type":"article","og_title":"Singapore Reclaims Crypto Lead as Activity Surges","og_description":"Singapore\u2019s crypto economy grew 55.4% to US$284 billion (AU$409 billion) in the year to 30 June, the largest in Central & Southeast Asia and Oceania, according to Chainalysis. Activity on institutional platforms in Singapore rose 94% to US$60 billion (AU$86.4 billion), with most of it concentrated among a small number of market makers, OTC desks","og_url":"https:\/\/cryptonews.uk.com\/?p=13946","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-10-01T07:55:50+00:00","author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=13946","url":"https:\/\/cryptonews.uk.com\/?p=13946","name":"Singapore Reclaims Crypto Lead as Activity Surges - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=13946#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=13946#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/singapore-crypto-leader.jpg","datePublished":"2026-10-01T07:55:50+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=13946#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=13946"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=13946#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/singapore-crypto-leader.jpg","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/10\/singapore-crypto-leader.jpg","width":1920,"height":1047},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=13946#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Singapore Reclaims Crypto Lead as Activity Surges"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto & Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/13946","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13946"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/13946\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/13947"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13946"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13946"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13946"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}