Singapore’s crypto economic activity climbed 55.4% year over year to $284 billion in the 12 months through June 2026, making it once again the largest crypto economy in Central, Southern Asia and Oceania, or CSAO, according to a Techub News item citing Wu Blockchain. That gain came even as overall crypto activity across the CSAO region fell 6.8% over the same period.
A major driver was institutional platform activity in Singapore, which jumped 94% to $60 billion. The report said the increase was mainly pushed by large trades from a small number of market makers, over-the-counter trading firms, and institutional brokers.
Elsewhere in the region, retail-sized peer-to-peer flows stood out in the Philippines, Thailand, and Vietnam. The three countries recorded a combined 5.4 million P2P transfers below $10,000, accounting for 14.4% of comparable transactions worldwide. The figures point to a split regional picture: large institutional flows concentrated in Singapore, while smaller-value P2P usage remained active in parts of Southeast Asia.
Singapore’s crypto economic activity rose 55.4% year over year to $284 billion in the 12 months through June 2026, allowing it to regain its position as the largest crypto economy in Central, Southern Asia and Oceania, or CSAO, according to Techub News. Over the same period, total activity across the CSAO region fell 6.8%.
Institutional platform activity reached $60 billion
Within Singapore, institutional platform activity increased 94% to $60 billion. The report said the rise was mainly driven by large trades from a small number of market makers, over-the-counter trading firms, and institutional brokers.
Small-ticket P2P transfers were active in three countries
The Philippines, Thailand, and Vietnam stood out for small-value P2P activity. Combined P2P transfers below $10,000 in the three countries reached 5.4 million transactions, representing 14.4% of comparable transactions globally.
The item cited Wu Blockchain as the source of the figures.
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