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Where are the regions with the densest concentration of cryptocurrency holders worldwide? The answer might surprise you — the United Arab Emirates is leading globally with an absolute advantage.
According to data, the penetration rate of cryptocurrency holdings in the UAE is as high as 33%, meaning that on average, 1 in every 3 local residents owns digital assets. This ratio is far ahead of other traditional financial developed regions worldwide.
Why has the UAE become the country with the highest cryptocurrency adoption rate? This is due to its open financial policies, proactive attitude towards blockchain technology, and also reflects the demand for asset diversification in the wealthy Middle Eastern region. Mainstream cryptocurrencies like Bitcoin and BNB are quite well known and accepted locally.
This data also indirectly indicates that crypto assets are gradually penetrating from the tech enthusiast circles into mainstream society, and regional differences in adoption speed are shaping the future asset allocation landscape.