It’s no secret that cryptocurrency is becoming more and more popular around the world, with many governments legalizing and creating infrastructure for digital currency usage.
HedgewithCrypto recently released a new report ranking countries based on their efforts to adopt cryptocurrency. The analysis focused on four criteria: the number of crypto ATMs in the country, the percentage of the population that has adopted crypto, online interest in crypto, and pro-crypto legislation.
The results show that Australia came out on top, with the US in second and Brazil in third. The percentage of Australians who have adopted crypto has risen from 8% to 18% since 2020, and there has been a 196% increase in Google searches for crypto during the same time period. Additionally, the sale of digital assets is legal and regulated in Australia.
When looking at the number of crypto ATMs in each nation, the US is the clear winner, boasting 33,639 throughout the country. Canada is second with 2,640. The report also looked at each country’s adoption percentage over the past three years, and Turkey took the top spot with 40%, followed by the UAE at 34%.
