Tuesday, 20 February 2024
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Cryptocurrency Ownership Reaches 49 Million in the U.S

Cryptocurrency Ownership Reaches 49 Million in the U.S

  • Top 10 countries like the UAE, Vietnam, and Saudi Arabia showcase mainstream cryptocurrency adoption.
  • The U.S. boasts 49 million active cryptocurrency owners.
  • With a 10.30% ownership rate, Ukraine emerges as a crypto hub.

In a world brimming with a myriad of cryptocurrencies, each vying for attention and market dominance, the global landscape of digital assets is undergoing transformation. Amidst this sea of possibilities, certain countries stand out as key players in the cryptocurrency revolution.

According to CoinJournal.net, the U.S., with a 14.36% ownership rate, boasts nearly 49 million active participants in the cryptocurrency market.

Here are the top 10 countries where owning cryptocurrency has become a mainstream phenomenon:

United Arab Emirates

With a population of 9.5 million, the United Arab Emirates tops the list with an impressive ownership percentage of 27.67%. Over 2.6 million residents of the UAE have enthusiastically joined the crypto revolution, making it a prominent hub for digital asset enthusiasts.

Vietnam

The Southeast Asian nation of Vietnam boasts a population of nearly 99 million, and a remarkable 21.19% of its citizens, totaling over 20.9 million people, have embraced cryptocurrencies. The country’s tech-savvy population has played a pivotal role in driving this surge.

Saudi Arabia

In the heart of the Middle East, Saudi Arabia stands out with an ownership percentage of 17.53%. With a population of over 36 million, more than 6.4 million Saudis have ventured into the crypto space, reflecting a growing interest in digital financial assets.

United States

Despite its lower ownership percentage of 14.36%, the sheer scale of the United States, with a population exceeding 339 million, means that nearly 49 million Americans are actively involved in the cryptocurrency market. The U.S. remains a powerhouse in the global crypto landscape.

Singapore

This vibrant city-state has become a crypto hotspot, with 13.93% of its 6 million residents holding digital assets. Singapore’s reputation as a financial and technological hub has attracted a significant number of crypto enthusiasts, contributing to the global phenomenon.

Iran

With a population of 89 million, Iran has seen a substantial 13.46% of its citizens, around 12 million people, diving into the world of cryptocurrencies. Despite regulatory challenges, Iranians have…

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