Global Adoption
As of 2024, over 562 million people worldwide (6.8%) own cryptocurrencies. This represents a 34% increase from 2023.
Regional Distribution
Asia leads in crypto ownership, with over half of the global total. The United Arab Emirates (UAE) and Singapore have the highest ownership rates (25.3% and 24.4%, respectively). Emerging markets like Turkey and Argentina also have significant crypto investor populations.
Drivers of Adoption
- Upcoming Crypto Bull Run: The anticipation of a major price rally is driving investor interest.
- Regulatory Changes: Clearer regulations have increased confidence in cryptocurrencies.
- Media Sensation: Positive media coverage has raised awareness and created a sense of urgency (FOMO).
- Educational Resources: Platforms like Binance Academy and Coinbase Institute are educating younger generations about crypto.
Asia’s Dominance
Asia has experienced a surge in crypto adoption, with the number of owners increasing from 268.2 million in 2023 to 326.8 million in 2024. This highlights the continent’s embrace of digital innovation.
North America’s Lag
North America trails behind Asia in crypto ownership, with approximately 72.2 million owners. However, the upcoming crypto bull run is expected to boost adoption in this region.
