Mars Finance News, according to News.bitcoin, based on a study by Atmos, the United Arab Emirates ranks first globally as a crypto-friendly country, scoring 98.4, slightly higher than Singapore (97.5) in second place, with the United States scoring 85.4 and ranking third. The study shows that the United States, ranked third, has 29,834 ATMs, while the UAE has only one. Nevertheless, the UAE's 25.3% cryptocurrency ownership rate and 210% adoption rate are sufficient to secure its top position. Canada, with the second-highest number of Bitcoin ATMs (3,561), ranks fourth with a total score of 72. This score is attributed to its 10.1% cryptocurrency ownership rate and 225% adoption rate. In Turkey, cryptocurrency ownership ranks third (19.3%) due to economic uncertainty caused by currency depreciation. However, the country's lower adoption rate and scarce Bitcoin ATM count (7) result in a score of 67.8, making it the fifth most crypto-friendly country.
Study: UAE ranked first in the world for crypto-friendly countries
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