Cryptocurrencies have been gaining traction across the globe, and certain countries stand out as key players in the cryptocurrency revolution. CoinJournal.net reports that the U.S. has the highest ownership rate, at 14.36%, with almost 49 million active participants in the market. Here are the top 10 countries where owning cryptocurrency has become a mainstream phenomenon:
The United Arab Emirates tops the list with an impressive ownership percentage of 27.67%. With a population of 9.5 million, over 2.6 million residents have enthusiastically joined the crypto revolution, making it a prominent hub for digital asset enthusiasts.
Vietnam, with its tech-savvy population, has an ownership percentage of 21.19%. With a population of nearly 99 million, more than 20.9 million people have embraced cryptocurrencies.
Saudi Arabia boasts an ownership percentage of 17.53%. With a population of over 36 million, 6.4 million Saudis have ventured into the crypto space, reflecting a growing interest in digital financial assets.
The sheer scale of the United States, with a population exceeding 339 million, means that nearly 49 million Americans are actively involved in the cryptocurrency market.
In Southeast Asia, Singapore stands out with an ownership percentage of 13.93% (6 million residents). The city-state’s reputation as a financial and technological hub has attracted a significant number of crypto enthusiasts.
Iran, with a population of 89 million, has seen a substantial 13.46% (12 million people) of its citizens diving into the world of cryptocurrencies.
The Philippines, with a population of over 117 million, has witnessed a surge in crypto ownership, with 13.43% owning digital assets (15.7 million people).
Ukraine, with 10.30% of its 36.7 million population owning cryptocurrencies, is emerging as a crypto hub.
Venezuela, with a population of 28.8 million, boasts a crypto ownership percentage of 10.30%, with nearly 3 million Venezuelans turning to cryptocurrencies as an alternative financial solution.
South Africa, with a population of over 60 million, rounds off the top 10 with a solid 10% ownership percentage. Over 6 million South Africans have embraced cryptocurrencies.
Max Coupland from CoinJournal commented on the findings: ”The United States, with its substantial population and widespread adoption, remains a formidable force in shaping the trajectory of the global crypto landscape. As individuals continue to explore and invest in digital assets, the findings reflect the enduring allure of cryptocurrencies as a mainstream financial phenomenon.”
