Singapore and UAE Lead Global Crypto Adoption

A new ApeX Protocol report ranks Singapore and the UAE as the most crypto-focused nations, highlighting strong ownership, rapid adoption growth, and high search activity worldwide.

Singapore and UAE Dominate the Ranking

Singapore and the United Arab Emirates have been named the world’s most crypto-obsessed countries, according to ApeX Protocol. The ranking considered ownership, adoption growth, search activity, and infrastructure availability.

Singapore took the top spot with a perfect score of 100. Around 24.4% of the population owns cryptocurrency, while the country also leads in search activity with over 2,000 crypto-related queries per 100,000 people. This figure marks a significant rise from 2021, when only 11% of Singaporeans held digital assets.

The UAE followed closely with a score of 99.7, ranking first globally in ownership at 25.3%. Since 2019, crypto adoption in the Gulf nation has surged by 210%, with a notable boom in 2022 when more than one-third of the population reported holding crypto.

US and Canada Strengthen Their Role

The United States ranked third with a score of 98.5, driven by strong infrastructure. The country leads in crypto ATM availability, boasting more than 30,000 machines — ten times higher than any other nation. Crypto usage in the US has increased by 220% since 2019.

Canada placed fourth, recording the highest adoption growth rate at 225%. Around 10.1% of Canadians own crypto, supported by roughly 3,500 ATMs across the country.

Turkey rounded out the top five, with 19.3% of its citizens holding crypto and strong monthly search activity.

The report shows that digital assets are no longer on the fringe but are becoming central to how nations shape their financial future.