Singapore, UAE Rank as Most Crypto-Obsessed Nations: ApeX Report

Singapore and the United Arab Emirates rank globally as essentially the most “crypto-obsessed” nations, in accordance with a latest report by ApeX Protocol.

Singapore claimed the primary spot with a composite rating of 100, pushed by 24.4% of its inhabitants proudly owning crypto and main the world in search exercise, with 2,000 crypto-related queries per 100,000 folks. In 2021, solely 11% of Singaporeans held digital belongings, however that determine greater than doubled by the next yr.

Shut behind, the UAE scored 99.7, rating first globally for crypto possession at 25.3%. The Gulf nation noticed a 210% enhance in adoption since 2019, with a big increase in 2022 when over 34% of the inhabitants reported holding crypto.

The research measured every nation’s engagement throughout 4 indicators, together with possession charge, adoption development, search exercise and ATM availability, ApeX mentioned within the report shared with Cointelegraph.

Associated: Nation-state Bitcoin adoption to enter ‘all of a sudden’ section quickly

The US leads in ATM availability

America ranked third with a rating of 98.5, backed by robust infrastructure. The US leads in ATM availability, with over 30,000 machines, ten occasions greater than some other nation, and a 220% rise in crypto utilization since 2019.

Canada got here in fourth, boosted by the very best adoption development charge within the report at 225%. With 10.1% of its inhabitants proudly owning crypto and three,500 ATMs nationwide, Canada’s composite rating reached 64.7.

Turkey, scoring 57.6, rounded out the highest 5 with 19.3% of its inhabitants holding crypto, rating third globally in possession. Month-to-month search volumes additionally stay robust at practically 1,000 queries per 100,000 folks.

Different nations within the prime 10 embrace Germany (48.4), Switzerland (46.2), Australia (45.1), Argentina (37.6), and Indonesia (37.1), every exhibiting a mixture of rising adoption, robust infrastructure and rising public curiosity.

“Crypto is not on the perimeter,” a spokesperson from ApeX Protocol mentioned. “It’s turning into a part of how nations outline their monetary future… not simply as an funding, however as a mirrored image of how folks interact with expertise, cash, and belief within the digital age.”

Associated: Crypto is one ‘development cycle’ away from mainstream adoption, 5B customers

Chainalysis: US climbs to second in world crypto adoption

As Cointelegraph reported, the US has jumped to second place in Chainalysis’ 2025 World Crypto Adoption Index, because of rising spot Bitcoin ETF inflows and clearer regulatory frameworks.