In crypto adoption, Singapore and the United Arab Emirates have grabbed the handlebars and are screaming ahead as the world’s most crypto-obsessed, as experts say, countries.
According to a fresh ApeX Protocol report, these two nations dove headfirst into crypto assets, and the splash is epic.
Quarter of the population own crypto
Singapore tops the charts like a rockstar with a perfect score of 100.
Nearly a quarter of its population, 24.4% own crypto, and the city-state is buzzing with 2,000 crypto-related Google searches per 100,000 people.
To put that in perspective, in 2021, only 11% of Singaporeans played the crypto game. In just a year, that figure doubled. Apparently, the lion city wakes up and HODLs.
Hot on Singapore’s heels is the UAE, boasting a 99.7 score and leading the globe with 25.3% of its people owning crypto.
Since 2019, the Gulf nation ramped up adoption by 210%, with a fever pitch in 2022 when a full 34% admitted to holding cryptocurrencies.
Either they’re all future billionaires or just can’t resist shiny tokens.
Searching crypto terms like pros
How does ApeX score this madness? They weigh four heavy hitters, like ownership rates, adoption growth, search frenzy, and crypto ATM availability, because who doesn’t want to convert their digital gold into physical cash, right?
And speaking of cash machines, the USA, number three on the list, wins the crypto-ATM crown with over 30,000 machines, ten times more than any other country, plus a 220% jump in crypto use since 2019.
America might not have the highest ownership yet, but it’s stocked with all the toys for crypto addicts.
Canada claws in fourth, amping its score with the highest adoption growth of 225%. With 10.1% owning crypto and a nationwide army of 3,500 ATMs, the Great White North plays serious crypto catchup.
Turkey sneaks into fifth place, with 19.3% owning crypto, ranking third globally.
They’re searching crypto terms like pros too, 1,000 queries per 100,000 people monthly, and clearly not shy about joining the party.
The momentum is alive
Rounding out the top ten are Germany, Switzerland, Australia, Argentina, and Indonesia, each sizzling with strong growth, firm infrastructure, and public interest showing no signs of cooling.
ApeX’s take? Crypto is no longer the weird cousin at the family reunion, says their spokesperson.
„Crypto is becoming the family head, shaping how nations see money, technology, and trust in this digital playground.”
India clings tightly to the crown for the third year straight, powering Asia-Pacific’s 69% surge in crypto transactions.
Pakistan, Vietnam, and Brazil keep the momentum alive, even as Nigeria dips a bit despite its regulatory hustle.
Cryptocurrency and Web3 expert, founder of Kriptoworld
LinkedIn | X (Twitter) | More articles
With years of experience covering the blockchain space, András delivers insightful reporting on DeFi, tokenization, altcoins, and crypto regulations shaping the digital economy.
