Singapore, UAE are the ‘most crypto-obsessed’ countries: Report

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Singapore and the United Arab Emirates fertile globally arsenic the astir “crypto-obsessed” nations, according to a caller study by ApeX Protocol.

Singapore claimed the fig 1 spot with a composite people of 100, driven by 24.4% of its colonisation owning crypto and starring the satellite successful hunt activity, with 2,000 crypto-related queries per 100,000 people. In 2021, lone 11% of Singaporeans held integer assets, but that fig much than doubled by the pursuing year.

Close behind, the UAE scored 99.7, ranking archetypal globally for crypto ownership astatine 25.3%. The Gulf federation saw a 210% summation successful adoption since 2019, with a important roar successful 2022 erstwhile implicit 34% of the colonisation reported holding crypto.

The survey measured each country’s engagement crossed 4 indicators, including ownership rate, adoption growth, hunt enactment and ATM availability, ApeX said successful the study shared with Cointelegraph.

Summary of ApeX’s report. Source: ApeX

Related: Nation-state Bitcoin adoption to participate ‘suddenly’ signifier soon

The US leads successful ATM availability

The United States ranked 3rd with a people of 98.5, backed by beardown infrastructure. The US leads successful ATM availability, with implicit 30,000 machines, 10 times much than immoderate different country, and a 220% emergence successful crypto usage since 2019.

Canada came successful fourth, boosted by the highest adoption maturation complaint successful the study astatine 225%. With 10.1% of its colonisation owning crypto and 3,500 ATMs nationwide, Canada’s composite people reached 64.7.

Turkey, scoring 57.6, rounded retired the apical 5 with 19.3% of its colonisation holding crypto, ranking 3rd globally successful ownership. Monthly hunt volumes besides stay beardown astatine astir 1,000 queries per 100,000 people.

Other countries successful the apical 10 see Germany (48.4), Switzerland (46.2), Australia (45.1), Argentina (37.6), and Indonesia (37.1), each showing a premix of rising adoption, beardown infrastructure and increasing nationalist interest.

“Crypto is nary longer connected the fringe,” a spokesperson from ApeX Protocol said. “It’s becoming portion of however countries specify their fiscal future... not conscionable arsenic an investment, but arsenic a reflection of however radical prosecute with technology, money, and spot successful the integer age.”

Related: Crypto is 1 ‘growth cycle’ distant from mainstream adoption, 5B users

Chainalysis: US climbs to 2nd successful planetary crypto adoption

As Cointelegraph reported, the US has jumped to 2nd place successful Chainalysis’ 2025 Global Crypto Adoption Index, acknowledgment to increasing spot Bitcoin ETF inflows and clearer regulatory frameworks.

India retained the apical presumption for the 3rd year, helping the Asia-Pacific portion pb successful year-on-year maturation with a 69% surge successful crypto transaction value. Pakistan, Vietnam and Brazil besides ranked successful the apical five, portion Nigeria slipped to sixth contempt regulatory progress.

Magazine: The 1 happening these 6 planetary crypto hubs each person successful common…

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