A recent study has ranked the United Arab Emirates (UAE) as the global leader in cryptocurrency ownership, according to a report by CEO World Magazine. The UAE tops the list with 30.39% of its population owning cryptocurrency, a figure driven by the country’s progressive regulations, technological advancements, and efforts to position itself as a global blockchain hub.
Following the UAE, Vietnam holds second place with 21.19% of its population involved in cryptocurrency, reflecting its rapid digital transformation and the growing popularity of decentralized finance (DeFi). The United States ranks third, with 15.56% of its population, or over 52 million people, owning crypto. While it ranks lower in terms of percentage ownership, the U.S. remains one of the top countries globally by the sheer number of cryptocurrency owners.
Other countries in the top 10 include Iran, the Philippines, Brazil, Saudi Arabia, Singapore, Ukraine, and Venezuela. These nations have seen a surge in crypto adoption due to factors like economic challenges, tech innovation, and increased institutional interest.
India, China, and the U.S., despite not leading in ownership percentages, still boast the highest numbers of crypto owners globally, driven by their massive populations.
The study highlights a global trend of increasing crypto adoption, with countries exploring digital assets as a hedge against economic instability and a tool for financial innovation.
