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Asia leads global crypto adoption with over 326.8 million owners, driving mainstream acceptance. Clear regulations and practical use cases fuel global cryptocurrency adoption, with Asia at the forefront. Asia is strengthening its dominance in the cryptocurrency market, according to the latest Triple A report, which shows a stunning increase in crypto ownership across the continent. In 2024, Asia added around 58.6 million new crypto owners, increasing the total number of crypto holders in the area to over 326.8 million. This figure indicates a 21.8% growth over 2023, when Asia had 268.2 million cryptocurrency owners. As a result, Asia currently accounts for the vast majority of global cryptocurrency ownership, which has reached 562 million, or roughly 6.8% of the world’s population. North America comes in second with 72.2 million cryptocurrency owners, although it remains well behind Asia’s big lead. According to Triple.A’s data report,Asia’s crypto ownership surges 21.8% in 2024, reaching 326.8 million.#cryptocurrency #BTC #ETH pic.twitter.com/sOvgWHvQ0l — CCN (@CCNEnglish) September 23, 2024 UAE, Singapore, and Turkey: Leading the Crypto Ownership Surge  The UAE, Singapore, and Turkey lead the top 30 economies in terms of crypto ownership rates. The UAE has the highest crypto ownership rate, at 25.3%, followed by Singapore at 24.4% and Turkey at 19.3%. Source: Triple A These results highlight the fast adoption and integration of digital currencies, particularly in nations that are increasingly adopting financial technologies. Thailand (17.6%), Vietnam (17.4%), Saudi Arabia (15%), Malaysia (14.3%), Hong Kong (14.3%), Indonesia (13.9%), and South Korea (13.6%) are also major contributors to Asia’s burgeoning cryptocurrency ecosystem. The shifting regulatory landscape is one of the primary drivers of the global boom in crypto ownership. By 2024, clearer laws had changed cryptocurrencies from a somewhat specialist investment to a mainstream asset class in the global financial system. These regulatory measures have greatly increased…

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Filed under: News - @ September 23, 2024 3:27 pm