According to HedgewithCrypto research, India emerged as 7th biggest nation ready to adopt crypto in 2023. Australia is the biggest country when it comes to the adoption of cryptocurrency in 2023 with a score of 7.37 out of 10. The sale of cryptocurrency and other digital assets is legal and regulated in Australia. Following this, USA ranks as the second biggest country in crypto adoption with a score of 7.07 out of 10. Currently, there 33,630 crypto ATMs throughout the country.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
Ranking wise, Brazil comes third with a score of 6.81/10 and has seen a huge increase in average monthly searches for crypto of 355%. A new bill signed in December 2022 legalizes cryptocurrency throughout Brazil.
Here’s 10 countries ready for crypto adoption:
| Rank | Country | Crypto adoption rate (%) | Crypto ATMs | Increase in google searches since 2020 (%) | Crypto ready score out of 10 |
| 1 | Australia | 18 | 240 | 196 | 7.37 |
| 2 | USA | 16 | 33,639 | 166 | 7.07 |
| 3 | Brazil | 24 | 25 | 355 | 6.81 |
| 4 | United Arab Emirates | 34 | 6 | 261 | 6.41 |
| 5 | Hong Kong | 16 | 146 | 209 | 6.4 |
| 6 | Taiwan | 14 | 40 | 278 | 6.2 |
| 7 | India | 25 | 2 | 316 | 6.12 |
| 8 | Canada | 14 | 2,640 | 185 | 6.1 |
| 9 | Turkey | 40 | 14 | 123 | 6.07 |
| 10 | Singapore | 25 | 0 | 234 | 6.02 |
Weekly Current Affairs One-Liners Current Affairs 2025 plays a very important role in the competitive…
India has many cities that are famous for their unique industries, and some of them…
Some deserts are extremely hot, but some remain cold throughout the year. These cold deserts…
In today’s world, news media plays a very important role in sharing information quickly and…
PNB Housing Finance has announced the appointment of Ajai Kumar Shukla as its new Managing…
In a major push towards deepening financial inclusion, the Department of Posts (DoP) and BSE,…