{
  "id": 10943420,
  "title": "Singapore crypto activity grows 55% as broader region contracts",
  "url": "https://urgent.news/2026/09/30/singapore-crypto-activity-grows-55-as-broader-region-contracts",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T13:00:00.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/singapore-crypto-economy-284b-institutional-activity-chainalysis"
  },
  "original_language": "en",
  "account": "Singapore's cryptocurrency economy surged 55.4% to reach $284 billion in the year ending June 2026, while the broader Central and Southeast Asia and Oceania (CSAO) region saw a 6.8% contraction. The growth in Singapore's institutional platform ecosystem was primarily driven by high-volume activity by existing platforms, rather than new services entering the market. The Philippine, Thai, and Vietnamese crypto markets showed notable activity in small-value peer-to-peer (P2P) transfers, together amounting to a 14.4% share of global P2P activity. Despite the region-wide decline, Singapore reclaimed its position as the largest crypto economy in the CSAO.",
  "summary": "Singapore’s crypto economy grew 55.4% to $284 billion as institutional-platform activity surged 94%, while the Philippines, Thailand and Vietnam stood out for small-value P2P transfers.",
  "key_points": [
    "Singapore's crypto economy grew 55.4% to $284 billion in 2026",
    "Broader CSAO region contracted 6.8%, showing overall decline",
    "Philippines, Thailand, Vietnam accounted for 14.4% of global P2P transfers"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}