The latest 2021 Crypto-Ready Index is out and reveals the top 200 countries in the world that are ‘most crypto-ready.’
Of the top 50 countries globally, Mauritius is the only African country that makes it on the list.
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SEE ALSO: Kenya Ranked Top 5 in the World on Global Cryptocurrency Activity, Reveals Chainalysis Report
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The index evaluates the most crypto-ready nations based on the following metrics:
- Google Searches
- Crypto ATM saturation
- Legislation on ownership and use
Below is a breakdown of the top 20 countries on the list:
- United States – Over 17, 000 Bitcoin ATMs and laws allow for ownership of crypto and its use in banks
- Cyprus – Allows for ownership and use of crypto wtih over 140% increase in searches in the past year
- Singapore – Laws allow for owning and using cryptocurrencies
- Hong Kong – The laws allow for full use of crypto
- United Kingdom – Laws allow for usage and ownership of cryptocurrencies
- Ireland
- Slovenia
- Australia
- Germany
- Canada
- Gibraltar
- Malta
- Croatia
- New Zealand
- United Arab Emirates
- Iceland
- Greece
- Netherlands
- Cayman Islands
- Finland
Looking at the African countries on the list, below are top ranked on the list:
- Mauritius (No. 22)
- Seychelles (No. 55)
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RECOMMENDED READING: The Blockchain 50 Ranking of the Most Promising Blockchain and Crypto Startups 2020 List – No African Made the List
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