UAE Ranks No.1 in Cryptocurrency Ownership

15 Sep 2023

According to Insider Monkey, the United Arab Emirates holds the largest ownership of crypto with 27.67%. The use of cryptocurrency is legal in the country, and government regulations are also favorable towards blockchain technology. Almost 28% of the total population in the country owns crypto.

Vietnam comes in second place with 18.73%. The rapid digitization of the economy explains the surge in crypto ownership across the country.

Third place goes to Saudi Arabia with 17.53% crypto ownership while Ukraine comes in fourth with 15.72%. The fifth place goes to the United States with only 13.7%.