Among the global crypto enthusiasts, Singapore and UAE stand out with their high cryptocurrency ownership, robust search activity and rapid adoption growth.
According to a recent report shared with Cointelegraph by ApeX Protocol, Singapore and the United Arab Emirates are ranked as the world’s most crypto-enthusiastic countries. The rankings, compiled by ApeX, were based on four key indicators: ownership rates, adoption growth, search activity, and the availability of crypto ATMs.
Singapore topped the global rankings for crypto interest with a perfect score of 100. This was driven by high ownership levels, as 24.4% of the local population holds digital assets, and the world’s highest search activity, with 2,000 crypto-related queries per 100,000 people. The crypto adoption rate in Singapore has also grown rapidly, rising from 11% in 2021 to more than double that within a year.
The United Arab Emirates followed closely with a score of 99.7. It leads globally in cryptocurrency ownership, with 25.3% of its population holding crypto. Adoption has surged by 210% since 2019, with 2022 marking a sharp rise when more than a third of residents reported owning digital assets. This growth can be attributed to several factors, including the introduction of clear virtual-asset frameworks, government tax and business incentives for crypto owners, active institutional participation and marketing hype.
The United States ranked third with a score of 98.5, supported by its extensive infrastructure. It leads the world in crypto ATMs, with more than 30,000 machines, ten times the number of any other country, and has seen a 220% increase in usage since 2019. Current U.S. President Donald Trump is known as a crypto supporter himself, having a few family-affiliated crypto businesses, and promoting crypto use in national policies as well. Besides, this year, the US Congress adopted a stablecoin regulation, giving the private sector numerous opportunities to benefit from legal stablecoin use.
Canada followed in fourth place, recording the highest adoption growth rate in the study at 225%. Around 10.1% of Canadians hold crypto, and the country has 3,500 ATMs, giving it a composite score of 64.7. In 2023, institutional investors in Canada expanded their exposure to crypto assets too, with 39% of KPMG survey respondents dealing with the asset class in some way.
Turkey secured fifth place with a score of 57.6. Nearly one in five residents (19.3%) owns crypto, the third-highest rate globally, while search activity remains strong with about 1,000 monthly queries per 100,000 people.
The rest of the top 10 included Germany (48.4), Switzerland (46.2), Australia (45.1), Argentina (37.6), and Indonesia (37.1), each demonstrating a mix of expanding adoption, infrastructure growth, and rising public interest.
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