TechFlow reports on March 23, according to News.bitcoin, based on a study by Atmos, the United Arab Emirates (UAE) ranks as the world's most crypto-friendly country with a score of 98.4, slightly ahead of Singapore in second place (97.5), while the United States scores 85.4 and ranks third.
The study shows that the U.S., ranked third, has 29,834 cryptocurrency ATMs—far more than the UAE’s single ATM. Nevertheless, the UAE’s 25.3% cryptocurrency ownership rate combined with a 210% adoption rate is sufficient to secure its top position. Canada, which has the second-highest number of Bitcoin ATMs (3,561), ranks fourth overall with a total score of 72, supported by its 10.1% ownership rate and 225% adoption rate. In Turkey, currency depreciation has triggered economic uncertainty, leading to the third-highest cryptocurrency ownership rate globally (19.3%). However, the country's low adoption rate, along with a scarcity of Bitcoin ATMs (only seven), results in a score of 67.8, making it the fifth most crypto-friendly nation.
