U.S. Most Crypto Ready Country, Recent Study Finds

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The cryptocurrency platform – Crypto Head – has ranked the United States as the country most prepared for the widespread adoption of digital assets. In contrast, Cyprus is the country most interested in virtual currencies.

Who is ready for crypto?

Despite the insecure nature of digital assets in terms of regulation, their popularity continues to grow with investors. And while each country has its own specific approach to the market, Crypto Head has revealed which countries are more prone to it.

The platform combined several statistics such as the annual crypto searches on Google per 100,000 people, the annual increase in crypto queries and the number of ATMs to calculate that the United States, with its index of 7.13 on 10, are the country most prepared for the adoption of digital assets. The second position belongs to Cyprus with 6.47, while the rest of the top 5 are Singapore (6.30), Hong Kong (6.27) and the United Kingdom (6.06).

Bearing in mind the government’s tough stance on crypto in the UK, the fifth position appears to be a huge success for the British. Interestingly, the small country of Slovenia with a population of just over 2 million people ranks 7th with an index of 5.96.

Speaking of number of crypto ATMs, the world’s largest economy leads with a huge difference. There are 17,436 machines in the United States, which means there is one for 19,023 U.S. citizens. The second position belongs to Canada, with only 1,400 ATMs. However, the greatest density is in Hong Kong, where one can find a crypto ATM every three square miles.

Cyprus loves crypto

Based on the number of searches per 100,000 people, Crypto Head established that Cyprus is the country most interested in digital assets. According to statistics, over 30% of locals have Googled “crypto” in the past year.

The dwarf nations of Singapore and Gibraltar ranked second and third, respectively, with percentages very similar to those of Cyprus. Surprisingly, the United States, which was at the top of the aforementioned ranking, is not even in the top 10 countries in this one.

It should be noted that statistics showed 20,783 annual crypto google searches per 100,000 people in Canada. Even if the number may seem low, it still represents an increased interest of 213% over one year and allows the North American country to accumulate an index of 5.86.

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