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.