Singapore, UAE rank as most countries obsessed with crypto: Apex report

Singapore and the United Arab Emirates are ranked worldwide as the most “countries that are obsessed”, according to a recent APEX protocol report.

Singapore claimed the number one area with a composite score of 100, driven by 24.4% of the population that owns the crypto and the world’s leading search activity, with 2,000 crypto-related queries per 100,000 people. In 2021, only 11% of Singaporeans were held digital assets, but that figure was more than double next year.

Near the rear, the UAE marks 99.7, which first ranks worldwide for crypto ownership of 25.3%. The Gulf Nation has seen a 210% increase in adoption since 2019, with a significant boom in 2022 as more than 34% of the population reported holding crypto.

Study measures each country’s relationship with four indicators, including the rate of ownership, the growth of adoption, the search and ATM’s search activity, Apex According to a report shared with Cointelegraph.

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The US leads to the presence of ATM

The United States ranked a third with a mark of 98.5, supported by strong infrastructure. The US leads to the availability of ATMs, with over 30,000 machines, ten times more than any other country, and an increase of 220% in crypto use since 2019.

Canada arrived in the fourth, strengthened by the maximum growth rate of adoption in the 225%report. By 10.1% of the population owned by crypto and 3,500 ATMs nationwide, Canada’s composite score reached 64.7.

Turkey, which marks 57.6, spins at the top five with 19.3% of its population holding a crypto, which ranks in the third worldwide. The monthly quantity of search remains strong in about 1,000 queries per 100,000 people.

Other countries in the top 10 include Germany (48.4), Switzerland (46.2), Australia (45.1), Argentina (37.6), and Indonesia (37.1), each showing a mixture of increasing adoption, strong infrastructure and growing public interests.

“The crypto is no longer in the pendant,” said a spokesman from the Apex protocol. “It becomes part of how countries define their financial future … not just as an investment, but as a reflection of how people engage in technology, money, and confidence in digital age.”

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