The world’s top crypto countries list is here for you and Singapore takes first place. 2021 will be a significant year for cryptocurrencies, as some surprising things are happening in terms of countries that lead the world for adoption. Now the latest crypto ranking reveals the countries leading the way for digital currencies.
Today, Coincub released its Global Crypto Ranking guide for Q4 2021. The ranking is based on society parameters such as government policy, financial sector acceptance, tax laws, regulations, and legal requirements.
The ranking also takes into account quantitative data such as crypto ownership, bitcoin ATMs and spending opportunities.
World’s top crypto countries
Cryptocurrency rankings focus on the government legislation in a given country, as well as the degree to which traditional institutions are willing to buy into the cryptocurrency market.
The rankings are based on the latest research from different sources on the top coins, tokens, and blockchain projects, as well as a qualitative assessment of their institutional acceptance, exchanges, and wallets availability, government regulation, deFi (decentralized finance) acceptance, financial services, transaction fees, transparency, crypto spending and banks’ activity in crypto.
Singapore is leading the crypto-sphere in the Asia-Pacific region. With its booming crypto economy, positive legislation, and a world-high percentage of the crypto-owning population, Singapore is clearly the best place for any crypto investor.
In third place is the US, which had 1,821 Bitcoin nodes, 25,956 crypto ATMs, and the only crypto exchange listed on the stock market (Coinbase). It was pushed out of first place by the uncertain legislation around the currency.
More than 8% of the world’s crypto owners are located in the United States. Only Singapore and El Salvador have more crypto owners.