Vietnam tops crypto adoption rankings

Vietnam is leading the way in cryptocurrency adoption, with the country topping the Finder’s survey which interviewed 42,000 people across 27 countries.

According to the study, Vietnam is at the helm of adopting digital currencies, with 41% of respondents in the country claiming that they have already purchased crypto.

Bitcoin is held by 20% of Vietnamese respondents. Finder’s study pointed out that crypto adoption is higher in Asian countries, and many have been “purchasing above their weight”.

Elsewhere, Indonesia and India have seen a rate of adoption of around 30% according to the study.

In Malaysia, 29% of respondents confirmed having purchased cryptocurrency and for the Philippines, the rate was 28%. In the west, though, the adoption rate has been very low.

Adoption for the UK and the US stood at 8% and 9% respectively. Each country saw between 1,160 and 2,511 respondents, but Finder admitted that it could not penetrate some countries fully, meaning that it had to focus its polls in certain regions.

With the interest in crypto in Asia surging, many Bitcoin casinos have started to target Asian players. These casinos include Bitcasino.io, 1xBit and BitStarz, which all provide some outstanding options when it comes to Bitcoin and other crypto gaming options.

Source

Updated: 08/16/2021 — 11:00