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2024 was a memorable year for Bitcoin and the entire cryptocurrency sector. The approval of Bitcoin ETFs in January marked a significant milestone in crypto investment in the US. It reached new all-time highs in March and October, and crossed the symbolic threshold of US$100,000 in December, solidifying its position as a global benchmark asset.

Singapore is emerging as a digital asset hub, attracting talent, investments, and groundbreaking projects. With advancements in blockchain technology, increasing institutional adoption, and clearer regulatory frameworks, the sector is poised for growth and promises to redefine the way we interact with financial systems in the new year.

What will 2025 bring for cryptocurrencies and DeFi development in Asia?

Danny Chong, co-chairman of the Digital Assets Association in Singapore and co-founder of decentralised protocol Tranchess, shares his outlook for 2025.

See omnystudio.com/listener for privacy information.

Industry Insight: Will 2025 be digital assets' breakout year in Singapore and Asia?

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