According to a recent study by Triple-A, the number of people worldwide who own cryptocurrency has skyrocketed to 562 million, representing a 34% increase from 420 million in 2023.
Key Findings
- Ownership Rate: Approximately 6.8% of the global population now holds crypto assets.
- Top Countries: The United Arab Emirates leads the pack with a 25.3% ownership rate, followed by Singapore (24.4%).
- Driving Factors: Regulatory changes, Bitcoin halving events, and increased educational resources have contributed to the surge in ownership.
- Macroeconomic Influences: Inflation and currency devaluation have also fueled the adoption of cryptocurrencies.
Global Distribution
Triple-A’s report highlights the diverse geographical distribution of cryptocurrency ownership:
- Asia: 10 countries rank among the top 30 globally for adoption rates.
- Emerging Markets: Turkey and Argentina are among the top 30 countries.
- Smaller Economies: Slovenia and Luxembourg also feature prominently.
Future Outlook
Triple-A anticipates further growth in cryptocurrency adoption as more people embrace digital assets. Increased regulation, technological advancements, and the rising demand for crypto information will continue to drive ownership rates higher.
