Vietnam ranks second in the world for cryptocurrency ownership rate
The United Arab Emirates (UAE) proudly boasts the highest cryptocurrency ownership rate globally, with 30.4% of the population. This is due to the UAE government's relatively friendly stance towards cryptocurrencies, as described in Henley & Partners' 2023 Cryptocurrency Asset Report.
The Financial Services Regulatory Authority (FSRA-ADGM) of the UAE is the first agency to provide rules and regulations related to the legal buying and selling of cryptocurrencies. Overall, the United Arab Emirates has an open attitude towards new technologies and has even proposed tax exemptions for cryptocurrency owners and businesses.
Ranking second on the list is Vietnam, with over 21% of the population owning cryptocurrency.
Note that the above list is based on the percentage of people owning Bitcoin out of the total population of a country. If the ranking were based on the total number of cryptocurrency owners in countries, India would rank first with 93 million people, China would be second with 59 million people, the USA third with 52 million people, while Vietnam and Pakistan would be fourth and fifth, with 20 million and 15 million people respectively.
