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

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

Singapore and the UAE rank as the world’s most crypto-obsessed countries amid high ownership, search activity and rapid adoption growth.

Singapore and the United Arab Emirates rank globally as the most “crypto-obsessed” nations, according to a recent report by ApeX Protocol.

Singapore claimed the number one spot with a composite score of 100, driven by 24.4% of its population owning crypto and leading the world in search activity, with 2,000 crypto-related queries per 100,000 people. In 2021, only 11% of Singaporeans held digital assets, but that figure more than doubled by the following year.

Close behind, the UAE scored 99.7, ranking first globally for crypto ownership at 25.3%. The Gulf nation saw a 210% increase in adoption since 2019, with a significant boom in 2022 when over 34% of the population reported holding crypto.

Read more

If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.

If you want to read more News articles, you can visit our General category.

Source

Leave a Reply

Your email address will not be published. Required fields are marked *