Singapore Leads Crypto Industry Growth in Central & Southeast Asia and Oceania
Despite a 6.8% contraction in the Central & Southeast Asia and Oceania crypto economy between July 1, 2025, and June 30, 2026, significant growth occurred in specific sectors. Singapore and Australia saw increased institutional activity, with Singapore recording a 94% rise in institutional-platform activity. Cross-border stablecoin usage grew, and the Philippines, Thailand, and Vietnam accounted for over 14% of global small-value peer-to-peer transfers. Singapore remains the region's largest crypto economy, with $284 billion in activity recorded during the period.
Summaries are written by AI from the original article. Not investment advice.