Research: The UAE is ranked as the world's most crypto-friendly country

2025-03-23 16:38:25

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According to ChainCatcher news, reported by News.bitcoin, a study by Atmos ranks the UAE as the world's most crypto-friendly country, scoring 98.4, slightly ahead of Singapore in second place (97.5), while the United States scores 85.4, ranking third.

The study shows that the United States, ranked third, has 29,834 ATMs, while the UAE has only one. Nevertheless, the UAE's 25.3% cryptocurrency ownership rate combined with a 210% adoption rate is enough to secure its top position. Canada, with the second highest number of Bitcoin ATMs (3,561), ranks fourth with a total score of 72. This score is attributed to its 10.1% cryptocurrency ownership rate and 225% adoption rate. In Turkey, due to currency devaluation causing economic uncertainty, the cryptocurrency ownership rate ranks third (19.3%). However, the country's lower adoption rate, coupled with a scarce number of Bitcoin ATMs (7), results in a score of 67.8, making it the fifth most crypto-friendly country.

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