Singapore and UAE Ranked as the World’s Biggest Crypto Hotspots
New report shows explosive growth in adoption as global race for digital assets intensifies
Singapore and the United Arab Emirates have emerged as the two most crypto-obsessed countries in the world, according to a new study by ApeX Protocol.
Singapore took the top spot with a perfect score of 100, fueled by rapid growth in digital asset ownership and online interest. The report found that 24.4% of Singapore’s population now owns cryptocurrency, more than doubling from 11% just a few years ago. The city-state also leads the world in search activity, recording 2,000 crypto-related searches per 100,000 people.
The UAE followed closely with a score of 99.7, ranking first worldwide for ownership at 25.3%. Crypto adoption in the Gulf nation has surged 210% since 2019, with a dramatic spike in 2022 when over a third of its citizens held digital assets.
The United States ranked third with a score of 98.5, supported by unmatched infrastructure. With more than 30,000 crypto ATMs—ten times more than any other country—and a 220% rise in usage since 2019, the US remains a global leader in accessibility. Canada came in fourth with the fastest adoption growth of 225%, a 10.1% ownership rate, and 3,500 ATMs nationwide. Turkey rounded out the top five with nearly one in five citizens holding crypto and high monthly search volumes.
Germany, Switzerland, Australia, Argentina, and Indonesia completed the global top ten, each showing steady growth in ownership, infrastructure, and public interest.
The report highlights a major shift in how nations view digital assets. “Crypto is no longer on the fringe,” ApeX Protocol noted, framing it as a central piece of financial futures worldwide.
Meanwhile, Chainalysis’ 2025 index ranked India as the top country for global adoption, with the US climbing to second and Asia-Pacific continuing to dominate growth.
