A recent report from Apex Protocol shows that Singapore and the United Arab Emirates are globally ranked as the most “crypto-obsessed” countries.
Singapore claimed the number one spot with a combined score of 100,000 with 2,000 crypto-related queries per 100,000 people, driven by 24.4% of the population, which owns cryptography, and driven by 24.4% of the world’s leading population in search activities, and 2,000 people per 100 people. In 2021, only 11% of Singaporeans held digital assets, but that number more than doubled the following year.
Nearby, the UAE won 99.7, ranking first globally at 25.3% in crypto ownership. In Gulf countries, adoptions have increased by 210% since 2019, and a massive boom has risen in 2022 when they reported that more than 34% of the population holds codes.
The study measured national involvement across four metrics, including ownership rate, adoption growth, search activity and ATM availability, Apex said in a report shared with Cointelegraph.
Related: Bitcoin adoption for nation-states will soon enter the “sudden” phase
The US is leading ATM availability
The US ranked third with a score of 98.5, supported by strong infrastructure. The US is leading ATM availability, with over 30,000 machines, 10 times more than any other country, with 220% increase in crypto usage since 2019.
Canada ranked fourth, with the highest rate of recruitment growth in the report at 225%. With 10.1% of the population owning crypto and 3,500 ATMs nationwide, Canada’s combined score reached 64.7.
With 57.6, Turkey ranked the top five with 19.3% of its population holding codes, ranking third in the world in ownership. The monthly search volume is also powerful even for around 1,000 queries per 100,000 people.
Other countries in the top 10 include Germany (48.4), Switzerland (46.2), Australia (45.1), Argentina (37.6), and Indonesia (37.1).
“Crypto is no longer a fringe,” said an Apex Protocol spokesman. “It’s becoming part of how countries define their economic future, not just as investments, but also reflect the way people engage in technology, money and trust in the digital age.”
Related: Crypto is one “growth cycle” away from mainstream adoption, 5B users
Chain Analysis: US is the second highest in global crypto adoption
As reported by Cointelegraph, the US jumped to second place in the Chainalysis ‘2025 Global Crypto Adoption Index thanks to the influx of Spot Bitcoin ETFs and a clearer regulatory framework.
India held its third-year top position, with the Asia-Pacific region growing year-on-year, with crypto trading value rising sharply by 69%. Pakistan, Vietnam and Brazil also ranked in the top five, with Nigeria sliding to sixth despite progress in regulations.
Magazine: All of these six global crypto hubs have something in common…
