Report: Here Are The Most “Crypto Obsessed” Countries

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Singapore and UAE lead ApeX Protocol’s crypto adoption race, with the US, Canada, and Turkey trailing behind like forgotten relatives at a wedding.

 

Crypto adoption is spreading like wildfire across the globe. But, my dear reader, there are two nations who have seemingly set themselves on fire with enthusiasm. The rest? Well, they’re just casually roasting marshmallows on the sidelines.

A new report from ApeX Protocol reveals that Singapore and the UAE are, without a doubt, the reigning monarchs of the crypto world. It’s like these two nations woke up one day and said, “Forget oil and real estate, let’s go digital.” And they’re doing it right, too – ownership rates, adoption growth, and public interest are through the roof.

Singapore and UAE: The Crypto Kings

Crypto adoption in Singapore has surged like a stock price after a successful IPO. The report tells us that 24.4% of Singaporeans now own digital assets, more than doubling the 11% recorded in 2021. It’s like they can’t get enough of those precious digital coins.

Singapore and UAE ranked as the world’s most crypto-obsessed countries according to ApeX Protocol per report.

– Crypto Anna (@CryptoAnna0)

And let’s not forget about Singapore’s online obsession. The nation leads the world in crypto-related searches, with about 2,000 crypto queries per 100,000 people. Yes, you read that right. Singapore is Googling crypto more than your average conspiracy theorist.

The UAE, not to be outdone, claims the crown for highest ownership rate globally at a whopping 25.3%. Adoption in this desert oasis has skyrocketed by 210% since 2019. At this rate, in a few years, crypto might be a required course in high school.

In 2022, over 34% of UAE residents reported holding crypto. And with that, the UAE solidified its position as a digital finance hub. Move over oil – crypto is the new black.

Both Singapore and the UAE scored high across every metric tracked by ApeX, including ownership, growth, online search activity, and infrastructure. They’ve mastered the crypto game, and frankly, they’re not sharing their cheat codes.

The US: Crypto Infrastructure Overlord

The United States comes in third place, but don’t be fooled. The US isn’t lagging behind; it’s just playing a different game. While it falls behind Singapore and the UAE in ownership rates, it dominates the crypto infrastructure game like a big brother at a family BBQ.

The US boasts over 30,000 crypto ATMs – ten times more than any other country. That’s right – 30,000. If you can’t find an ATM that dispenses crypto in the US, you’re probably looking in the wrong dimension.

Since 2019, crypto usage in the US has surged by 220%, showing a growing comfort with digital assets. This shift is mostly thanks to clearer regulations and shiny new products like Bitcoin ETFs. Oh, and those ATMs? They’re bridging the gap between traditional finance and digital assets, like a financial version of a Tinder match.

Other Notable Countries in the Top Rankings

Canada takes fourth place, thanks to a 225% increase in adoption since 2019. About 10.1% of Canadians now own crypto, and the country hosts over 3,500 crypto ATMs. A true maple syrup of crypto adoption.

Turkey slides into fifth place, with nearly 20% of its population holding digital assets. With ongoing inflation wreaking havoc on the economy, it’s no wonder Turkey is looking for alternative stores of value. Crypto seems to be their answer – because why store your savings in lira when you can hold a bit of Bitcoin?

Other countries making the top ten include Germany, Switzerland, Australia, Argentina, and Indonesia. It’s a digital revolution, and it’s happening everywhere!

Crypto: The Future of National Financial Systems

According to a spokesperson for ApeX Protocol, cryptocurrency is no longer just a passing fancy; it’s a central pillar in how nations are planning their financial futures. Think of it as the cool kid at school who suddenly becomes the class president.

Countries that are leading the crypto charge aren’t just hopping on a speculative bandwagon. They see crypto as a tool for innovation. In fact, the findings show that countries with clear regulations and supportive infrastructure tend to see faster adoption. It’s almost like they’re playing 4D chess while everyone else is still stuck on checkers.

Singapore’s regulatory environment and the UAE’s crypto-friendly policies have paved the way for citizens and businesses to engage more with digital assets. It’s like they’ve laid out a welcome mat for crypto. And guess what? Everyone’s walking through the door.

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2025-09-30 08:49