Singapore and the United Arab Emirates have climbed to the top of recent crypto adoption lists, with different reports placing the city-state and the Gulf federation among the most digital currency-friendly places on earth.
According to Henley & Partners and surveys compiled by industry trackers, Singapore holds the number one spot in some indexes, while the UAE posts some of the highest ownership rates recorded.
Based on reports , about 24.4% of Singapore’s population is estimated to own crypto, and the UAE shows about 25.3% ownership — figures that are far above the global average.
Singapore’s Position And Policy Mix
Singapore’s lead is tied to its mix of clear rules and strong finance infrastructure. Regulatory sandboxes, licensing for exchanges, and a banking system that work