Bitcoin Ownership by Country 2025
0%
5%
10%
15%
20%
25%
5 Countries with the Highest Rate of Bitcoin Ownership
- Cryptocurrency is highly anonymized by nature. As such, determining ownership by country is logistically challenging, if not implausible. Most estimates rely upon a significant amount of statistical projection.
- Data is compiled from multiple sources which use varying methodologies. As such, comparisons between data points may appear anomolous.
- China has more bitcoin owners than the United States, despite the fact that most uses of cryptocurrency are legally prohibited in China.
Country | # of People Who Own Cryptocurrency 2023 |
|---|---|
| India | 93.5M |
| China | 59.1M |
| United States | 52.9M |
| Brazil | 26M |
| Vietnam | 20.9M |
| Pakistan | 15.9M |
| Philippines | 15.8M |
| Nigeria | 13.3M |
| Indonesia | 12.2M |
| Iran | 12M |
United Arab Emirates (UAE)
As of 2023 data, just over 27% of UAE residents own crypto money. About 49% of them are “crypto curious” right now, meaning, not all of them have actively invested but think of it as a positive commodity and one that could be a future investment.
Crypto is not technically a legal tender yet, so people can’t make payments or deposits with it directly. Currency conversions must be made before making transactions.
If allowed, the UAE might eventually become more involved in Bitcoin, Ethereum, Tether or USD Coin. Some UAE people have made investments hoping for the best for the future, and there are websites that serve this country.
Vietnam
Vietnam is blowing up in the crypto world, with almost 21% of the population owning digital assets as of 2023. It’s got all the right ingredients—tech-savvy young people, a growing blockchain scene, and platforms like Binance and Remitano making it easy to dive in, even if crypto isn’t officially legal tender.
A big part of the hype is Axie Infinity—that play-to-earn game everyone’s talking about—was made by a Vietnamese studio, Sky Mavis. It’s got young investors excited about crypto as a fresh, accessible alternative to old-school banking. The rules are still a bit fuzzy, but Vietnam’s crypto scene is only getting bigger and bolder.
United States
About 15.4% of Americans own cryptocurrency. Approximately 40% of them perceive it as an inflation hedge, which means it could protect currency owners against decreased purchasing power or value.
This could relate to rising interest rates, productivity shifts, unemployment rates or other macroeconomic factors. However, 16% of potential investors don’t see it as a way to fight inflation, such as offsetting the price of food, gas, or housing. Unlike other countries, not as many people in the U.S. (only 23%) think crypto will replace their historical currency (USD).
Philippines
The Philippines is really getting into crypto, with 13.72% of the population owning digital assets in 2023. It’s especially popular thanks to play-to-earn games like Axie Infinity, which blew up in the country. For many, crypto offers a way to earn extra cash or make financial services more accessible.
Platforms like Binance and Coins.ph are go-to spots for trading, and it’s a hit with overseas Filipino workers (OFWs) looking for cheaper, faster remittances. While it’s not legal tender, the buzz around blockchain keeps growing. Despite unclear regulations, the Philippines’ crypto scene is alive and kicking.
Iran
A little over 13% of Iranians own crypto as of 2023, mostly because they’re looking for ways to dodge high inflation, a shaky currency, and sanctions that make regular financial options tricky. Bitcoin and Tether are especially popular since they feel safer than most other options.
Even with crackdowns and blocked platforms like Binance, Iranians are still finding ways to trade using VPNs and decentralized exchanges. For a lot of people, crypto isn’t just about making money—it’s a lifeline when everything else feels unreliable.
Saudi Arabia
About 12.63% of Saudis own crypto as of 2023, and it’s mostly driven by a young, tech-savvy crowd looking for new ways to invest and grow their money. With platforms like Binance and Rain making it easy to trade, crypto’s catching on fast, especially among millennials and Gen Z who want more than what traditional banking offers.
Even though the government keeps a close eye on financial markets, there’s still a lot of excitement around crypto. For many Saudis, it’s not just about making a quick buck—it’s about having more control over their finances and accessing opportunities beyond what’s available locally.
Brazil
Just over 12% of Brazilians own cryptocurrency. Many people in this country also say they plan to purchase crypto coins because their traditional currency has devalued against the U.S. Dollar.
In addition, many Brazilians either already invested in or have thought about crypto as the “future of money.” Bitcoin is popular here, and more locals have purchased Ethereum, Stellar, Litecoin, Bitcoin Cash and Chainlink.
Singapore
Just over 11% of the people of Singapore have crypto coins. The top three most owned currencies in Singapore include Bitcoin, Ethereum, and Solana. They also have a fair amount of people owning Dogecoin and Rippie.
Trading crypto coins is legal, but it’s not considered an authorized method of payment. Conversions would have to occur before using it to buy a car, house, groceries or other goods.
