Crypto Head, a cryptocurrency platform, selected the United States as the most prepared country for mass adoption of digital assets. Cyprus, on the other hand, is the country with the greatest interest in virtual currencies.
Who Is Prepared for Cryptocurrency? Despite the fact that digital assets are unregulated, their popularity among investors continues to grow. While each country has its unique approach to the industry, Crypto Head has shown which countries are most interested in it.
The platform calculated that the United States, with a score of 7.13 out of ten, is the most prepared country for digital asset adoption, based on annual crypto Google searches per 100,000 individuals, annual crypto query growth, and the number of ATMs. Cyprus is in second place with 6.47, while Singapore (6.30), Hong Kong (6.27), and the United Kingdom (6.30) round out the top five countries (6.06).
Given the UK government’s severe attitude on cryptocurrency, the fifth spot appears to be a big win for Britons. Slovenia, a small country with a population of just over 2 million people, is ranked seventh with a 5.96 rating.
When it comes to the number of crypto ATMs, the largest global economy leads by a significant margin. There are 17,436 machines in the United States, which equates to one for every 19,023 people. With only 1,400 ATMs, Canada takes the second place. However, Hong Kong has the highest density, with one crypto automated teller machine every three square miles.
Cyprus is a crypto enthusiast. Crypto Head determined that Cyprus is the most interested country in digital assets based on the number of searches per 100,000 people. More than 30% of locals have googled “crypto” in the last year, according to statistics.
With relatively comparable percentages to Cyprus, the dwarf-nations of Singapore and Gibraltar were placed second and third, respectively. Surprisingly, the United States, which topped the previous rankings, does not even make the top ten in this one.
It’s worth mentioning that the numbers show that per 100,000 persons in Canada, there are 20,783 annual crypto google searches. Even though the figure may appear insignificant, it represented a 213 percent increase in interest over a year and contributed to the North American country’s rating of 5.86.