Singapore and UAE Lead Global Crypto Adoption, Study Shows

Singapore has cemented its position as the world's most crypto-engaged nation, with 24.4% of its population holding digital assets—more than double 2021 levels. The UAE follows closely at 25.3% ownership, reinforcing its status as a Middle Eastern crypto hub. Both jurisdictions demonstrate robust search interest and infrastructure growth.

The United States ranks third, propelled by unmatched physical infrastructure—over 30,000 crypto ATMs nationwide—rather than ownership rates. American adoption has surged since 2019 despite ongoing regulatory uncertainty. Canada and Turkey complete the top five, with Canada showing particularly strong multi-year adoption trends.

ApeX Protocol's methodology evaluates four key metrics: ownership penetration, adoption velocity, search traffic intensity, and ATM availability. The findings suggest crypto's mainstreaming continues apace, with Southeast Asia and the Middle East establishing clear leadership in user engagement.