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Singapore and UAE May Be Most Crypto-Obsessed Nations as Bitcoin Searches and Ownership Rise

Singapore and UAE May Be Most Crypto-Obsessed Nations as Bitcoin Searches and Ownership Rise

CoinotagCoinotag2025/09/28 18:39
By:Jocelyn Blake

  • Singapore and the UAE lead global crypto adoption by ownership and search interest.

  • US dominance in crypto ATMs and Canada’s rapid adoption growth are key infrastructure and growth stories.

  • The ApeX index measured ownership, adoption growth, search activity and ATM availability across markets.

Most crypto-obsessed countries: Singapore and UAE top global adoption rankings — read analysis and key takeaways from the ApeX index.

Singapore and the United Arab Emirates lead global crypto interest and ownership in 2025, reflecting rapid adoption, strong public search activity and expanding infrastructure, according to the ApeX Protocol index.

Singapore and the United Arab Emirates rank as the world’s most crypto-obsessed nations in the ApeX Protocol 2025 index, based on a composite of ownership, adoption growth, search activity and ATM availability.

What drove Singapore to the top of the list?

Singapore earned a composite score of 100, supported by a 24.4% crypto ownership rate and an exceptional search footprint—about 2,000 crypto queries per 100,000 people. Ownership more than doubled from roughly 11% in 2021 to over 24% in 2022, signalling rapid mainstream interest.

How did the UAE reach second place?

The United Arab Emirates scored 99.7 in the ApeX index, ranking first globally for ownership at 25.3%. Adoption growth surged 210% since 2019, with a sharp jump in 2022 when more than one-third of the population reported holding crypto. Government initiatives and fintech hubs have supported accessibility and awareness.

Singapore and UAE May Be Most Crypto-Obsessed Nations as Bitcoin Searches and Ownership Rise image 0 Summary of ApeX’s report. Source: ApeX

Why does the US lead in ATM availability?

The United States ranks third overall with a composite score of 98.5, driven by infrastructure. The US hosts over 30,000 crypto ATMs—roughly ten times more than other countries—supporting a 220% rise in crypto usage since 2019 and widespread retail access to onramps.

How are other markets performing?

Canada ranked fourth, powered by the highest reported adoption growth in the study at 225%, 10.1% ownership and roughly 3,500 ATMs nationwide. Turkey rounded out the top five with 19.3% ownership and robust search volumes near 1,000 queries per 100,000 people.

Additional top-10 markets include Germany, Switzerland, Australia, Argentina and Indonesia, each showing mixes of rising ownership, improving infrastructure and growing public interest.

How do these findings compare with other indices?

Other adoption measures, such as Chainalysis’ Global Crypto Adoption Index, show complementary trends: the United States has climbed in relative position due to spot Bitcoin ETF inflows and clearer regulatory signals, while India leads Chainalysis’ rankings on transaction-volume growth. These independent datasets align on the broad theme of accelerating global adoption.

Frequently Asked Questions

Which metrics determine the “crypto-obsessed” ranking?

The ApeX index weights four indicators: ownership rate, adoption growth, search activity and ATM availability to produce a composite score reflecting interest, accessibility and momentum.

Is high search activity a reliable proxy for adoption?

Search volume indicates public interest and intent; when combined with ownership and infrastructure metrics it provides a clearer signal of real-world uptake and education levels.

Key Takeaways

  • Top markets: Singapore and the UAE lead global crypto obsession by ownership and search metrics.
  • Infrastructure matters: The US’s ATM network and Canada’s rapid growth highlight the role of accessibility.
  • Multiple indices align: ApeX and other indexes like Chainalysis show complementary adoption patterns across regions.

Conclusion

Singapore and the UAE top ApeX Protocol’s 2025 rankings as the most crypto-obsessed countries, driven by ownership, search interest and adoption growth. Infrastructure leaders such as the United States and fast-growing markets like Canada and Turkey underline that adoption is now a mix of demand, accessibility and regulatory clarity. For policymakers and industry leaders, prioritizing education and onramps remains key to sustaining momentum.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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