Study: UAE leads in cryptocurrency adoption

according to Atmos research, the cryptocurrency ownership rate in the United Arab Emirates is 25.3%, with an adoption rate of 210%. Despite having only one Bitcoin ATM, it still holds a leading position.

Singapore (97.5) and the United States (85.4) rank second and third respectively. Canada ranks fourth, with over 3,500 Bitcoin ATMs. Meanwhile, Turkey, with a high cryptocurrency ownership rate, ranks fifth due to low adoption rates.

Nick Cooke of Atmos stated that cryptocurrency adoption is reshaping the global financial system, driven by accessibility and real-world utility. From hedging against inflation to digitizing the economy, the role of cryptocurrency is expanding.

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Study: UAE leads in cryptocurrency adoption

All Comments

Recommended for you

Hut 8 Signs 15-Year, $7 Billion Data Center Lease Agreement

RWA Takes Off: When Consumer Behavior Becomes an On-Chain Asset — BeFlow’s Practical RWA Approach to Consumption

BTC breaks through $87,000

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The US spot Solana ETF saw a net inflow of $3.64 million yesterday.

The US FDIC plans to establish an application process for regulated institutions seeking to issue payment stablecoins.

BTC breaks through $88,000

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China Properties Investment plans to purchase and hold BNB as a strategic reserve asset.

Payment infrastructure company Speed1 raises $8 million in funding, led by Tether.

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