Crypto Candidate Jeremy Tan Shakes Up Singapore Election—Pro-Blockchain Sentiment Goes Mainstream

Singapore’s 2025 General Election just got a crypto twist. Jeremy Tan’s stronger-than-expected performance signals a tectonic shift—digital asset policy is now a voter priority.

From niche to necessity

Tan’s campaign leveraged blockchain transparency pledges and Web3 community engagement, outflanking traditional candidates on tech-savvy youth appeal. Pollsters missed this surge—just like they underestimated Bitcoin in 2020.

The institutional domino effect

Singapore’s Monetary Authority now faces pressure to accelerate its tokenization roadmap. Meanwhile, incumbent ministers are hastily adding ’crypto literacy’ modules to their talking points—better late than never for political survival.

One banking lobbyist grumbled: ’First they ignore you, then they tax you, then they copy your whitepaper.’ The irony? Tan’s campaign was partially funded via Ethereum donations—proving decentralized finance can disrupt more than just legacy finance.

While People’s Action Party (PAP) candidate Gho Sze Kee emerged victorious in the Mountbatten Single Member Constituency (SMC) during the 2025 Singapore General Elections, independent candidate Jeremy Tan’s performance has sent a clear message: the conversation around cryptocurrency and its role in Singapore’s future is gaining significant traction.

Tan, whose campaign centered on integrating Bitcoin into Singapore’s financial framework, garnered an impressive 36.16% of the vote. This result marks the highest vote share for an independent candidate in Singapore in the last 53 years, since 1972 when Ng Teng Kian achieved 41.87% in Punggol SMC. This achievement is a testament to the resonance of Tan’s message among a significant portion of the Mountbatten electorate.

"This result is historic, especially considering Mountbatten had the highest absenteeism rate this election, while also being the constituency with the 2nd highest winning margin in 2020. What makes it even more significant is that we’ve finally gotten the PAP to say the word ’Bitcoin’ in a rally. My speech has garnered close to 270,000 views across national media channels on YouTube — it’s a clear sign that we’re making progress, one step at a time," Tan told Blockhead.

For crypto enthusiasts globally, Tan’s campaign and his strong showing represent a notable moment. His platform advocated for the inclusion of Bitcoin in the Straits Times Index (STI), the establishment of a national Bitcoin reserve, and even allowing Singaporeans to invest a portion of their Central Provident Fund (CPF) into Bitcoin with a government guarantee. These proposals, while ultimately not securing him the seat, injected a vital discussion about the potential of digital assets into mainstream Singaporean politics.

Tan’s focus on Bitcoin as a solution to concerns around retirement planning and inflation clearly resonated with a segment of voters. His argument that Bitcoin offers a "superior perfect money" and a hedge against inflation, while perhaps unconventional in Singapore’s traditional political landscape, found an audience seeking alternative financial solutions.

Despite his loss, Tan remained upbeat and hinted at a future return to politics. His acknowledgement of the importance of democratic representation and his commitment to working with elected officials suggest a continued dedication to public service and the issues he championed, including the integration of cryptocurrency.

"I will definitely still be actively on the ground across Marine Parade and Mountbatten because this is my home," Tan said, hinting that he is working with other political parties about making another run for parliament in the future.

The "dog," as per his election symbol, may indeed return, carrying with it a strengthened voice for the crypto revolution in Singaporean politics.