{"id":70357,"date":"2023-06-13T11:52:15","date_gmt":"2023-06-13T07:52:15","guid":{"rendered":"https:\/\/lovin.co\/dubai\/en\/?p=70357"},"modified":"2023-06-13T11:54:57","modified_gmt":"2023-06-13T07:54:57","slug":"the-uae-ranks-1-in-crypto-owners","status":"publish","type":"post","link":"https:\/\/lovin.co\/dubai\/en\/news\/the-uae-ranks-1-in-crypto-owners\/","title":{"rendered":"The UAE Takes On Yet Another Crown By Ranking #1 In Crypto Owners"},"content":{"rendered":"<p>In some not-so-surprising news, the UAE has emerged as the undisputed crypto capital of the world, with an impressive 27.67% of its population embracing cryptocurrencies. This remarkable achievement as revealed by the World of Statistics, can be attributed to the UAE&#8217;s forward-thinking regulators, early adoption of crypto-friendly laws, and a tech-savvy population that is eager to explore the potential of digital currencies.<\/p>\n<p>Dubai, along with the rest of GCC has positioned itself as a hub for innovation and tech. The regulators in the region have displayed a remarkable openness to understanding emerging technologies, including Bitcoin and blockchain. One of the key factors that set the UAE apart from other countries is its agile regulatory environment. Unlike many nations grappling with crypto regulations, the UAE has been proactive and quick, swiftly accommodating the developments and trends in the crypto space.<\/p>\n<p>This flexibility has created an attractive ecosystem for crypto enthusiasts and businesses alike, fostering a vibrant and flourishing crypto community.<\/p>\n<h2>While the UAE claimed the top spot in terms of crypto ownership, other countries also made their mark in the crypto world<\/h2>\n<p>Vietnam secured the second position with a significant 20.54% of its population involved in cryptocurrencies, followed by Singapore at 13.93%. Iran and the US rounded up the top five with 13.46% and 13.22% respectively.<\/p>\n<ol>\n<li>\ud83c\udde6\ud83c\uddea United Arab Emirates: 27.67%<\/li>\n<li>\ud83c\uddfb\ud83c\uddf3 Vietnam: 20.54%<\/li>\n<li>\ud83c\uddf8\ud83c\uddec Singapore: 13.93%<\/li>\n<li>\ud83c\uddee\ud83c\uddf7 Iran 13.46%<\/li>\n<li>\ud83c\uddfa\ud83c\uddf8 United States: 13.22%<\/li>\n<li>\ud83c\uddf5\ud83c\udded Philippines: 13.02%<\/li>\n<li>\ud83c\uddfa\ud83c\udde6 Ukraine: 10.31%<\/li>\n<li>\ud83c\uddfb\ud83c\uddea Venezuela: 10.28%<\/li>\n<li>\ud83c\uddff\ud83c\udde6 South Africa: 10%<\/li>\n<li>\ud83c\uddf9\ud83c\udded Thailand: 9.32%<\/li>\n<li>\ud83c\uddee\ud83c\uddf3 India: 7.23%<\/li>\n<li>\ud83c\udde7\ud83c\uddf7 Brazil: 6.98%<\/li>\n<li>\ud83c\uddf5\ud83c\uddf0 Pakistan: 6.40%<\/li>\n<li>\ud83c\uddeb\ud83c\uddf7 France: 5.90%<\/li>\n<li>\ud83c\uddf7\ud83c\uddfa Russia: 5.87%<\/li>\n<\/ol>\n<div style='clear:both;'><\/div>\n<p><!--infeed--><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Crypto owners (% of population):<\/p>\n<p>\ud83c\udde6\ud83c\uddea United Arab Emirates: 27.67%<br \/>\ud83c\uddfb\ud83c\uddf3 Vietnam: 20.54%<br \/>\ud83c\uddf8\ud83c\uddec Singapore: 13.93%<br \/>\ud83c\uddee\ud83c\uddf7 Iran 13.46%<br \/>\ud83c\uddfa\ud83c\uddf8 United States: 13.22%<br \/>\ud83c\uddf5\ud83c\udded Philippines: 13.02%<br \/>\ud83c\uddfa\ud83c\udde6 Ukraine: 10.31%<br \/>\ud83c\uddfb\ud83c\uddea Venezuela: 10.28%<br \/>\ud83c\uddff\ud83c\udde6 South Africa: 10%<br \/>\ud83c\uddf9\ud83c\udded Thailand: 9.32%<br \/>\ud83c\uddee\ud83c\uddf3 India: 7.23%<br \/>\ud83c\udde7\ud83c\uddf7 Brazil:\u2026<\/p>\n<p>&mdash; World of Statistics (@stats_feed) <a href=\"https:\/\/twitter.com\/stats_feed\/status\/1667200040434106368?ref_src=twsrc%5Etfw\">June 9, 2023<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>With its dominant position in the crypto world, the UAE is poised to play a pivotal role in shaping the future of digital currencies<\/h2>\n<p>The government&#8217;s continued support for innovation and its focus on fostering a thriving fintech ecosystem provides a strong foundation for further advancements in the crypto space. As blockchain technology continues to mature, the UAE is likely to attract even more crypto enthusiasts, businesses, and investors, solidifying its position as a global leader in the crypto revolution.<\/p>\n<p>With the UAE at the forefront, the world is eagerly watching as the crypto revolution unfolds in this dynamic and innovative nation.<\/p>\n<h2>Along with this feat, Dubai has also ranked #1 in attracting Foreign Direct Investment (FDI) projects in cultural &amp; creative industries\ud83d\udcaa\ud83c\udffc<\/h2>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Dubai ranks 1st globally in attracting Foreign Direct Investment (FDI) projects in cultural &amp; creative industries. This accomplishment exemplifies the remarkable strides made by Dubai\u2019s cultural &amp; creative industries (1\/2) <a href=\"https:\/\/t.co\/TMYazgWd5R\">pic.twitter.com\/TMYazgWd5R<\/a><\/p>\n<p>&mdash; Latifa MR Al Maktoum (@LatifaMRM) <a href=\"https:\/\/twitter.com\/LatifaMRM\/status\/1667801314212958208?ref_src=twsrc%5Etfw\">June 11, 2023<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Watch The Lovin Dubai Show: Dubai X Sharjah Traffic Will Ease<\/h2>\n<p><iframe loading=\"lazy\" title=\"The Lovin Dubai Show: Dubai X Sharjah Traffic Will Ease\" width=\"1140\" height=\"641\" src=\"https:\/\/www.youtube.com\/embed\/D7g21Zt-gLo?start=230&#038;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<p><a href=\"https:\/\/lovin.co\/dubai\/en\/community\/sujith-varghese\" target=\"_blank\" rel=\"noopener\"><em>ALSO READ: Sujith Varghese Is The First Person of Determination In A Wheelchair To Became A Personal Trainer In Dubai<\/em><\/a><\/p>\n<p><em><strong>Get the latest Dubai news direct to your phone RN! <\/strong><strong>Download The Lovin Dubai app for free RIGHT HERE (<a class=\"c-link\" tabindex=\"-1\" href=\"https:\/\/apps.apple.com\/ae\/app\/lovin-augustus-media\/id1529508280\" target=\"_blank\" rel=\"noopener noreferrer\" data-stringify-link=\"https:\/\/apps.apple.com\/ae\/app\/lovin-augustus-media\/id1529508280\" data-sk=\"tooltip_parent\" data-remove-tab-index=\"true\">App Store<\/a>) (<a class=\"c-link\" tabindex=\"-1\" href=\"https:\/\/play.google.com\/store\/apps\/details?id=co.lovin.lovinapp\" target=\"_blank\" rel=\"noopener noreferrer\" data-stringify-link=\"https:\/\/play.google.com\/store\/apps\/details?id=co.lovin.lovinapp\" data-sk=\"tooltip_parent\" data-remove-tab-index=\"true\">Play Store<\/a>) to get the latest trending stories to your phone.<\/strong><\/em><\/p>\n<h2 class=\"newsletter-title\"><a href=\"https:\/\/lovindubai.us11.list-manage.com\/subscribe?u=a9f4ce5f4cf42df02a2fcfd19&amp;id=584330a937\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a>\u00a0to our Newsletter.<\/h2>\n<p>Get the best of your city straight to your inbox.<\/p>\n","protected":false},"excerpt":{"rendered":"In some not-so-surprising news, the UAE has emerged as the undisputed crypto capital of the world, with an impressive 27.67% of its population embracing cryptocurrencies. This remarkable achievement as revealed by the World of Statistics, can be attributed to the UAE&#8217;s forward-thinking regulators, early adoption of crypto-friendly laws, and a tech-savvy population that is eager &hellip; ","protected":false},"author":1822,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5,85,50,4829],"tags":[86,5504],"class_list":["post-70357","post","type-post","status-publish","format-standard","hentry","category-announcements","category-latest","category-news","category-ramadan","tag-dubai","tag-salary"],"acf":{"hide_featured_image":false,"featured_image":{"ID":70365,"id":70365,"title":"dubai","filename":"dubai.jpg","filesize":"332803","url":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2023\/06\/13112813\/dubai.jpg","link":"https:\/\/lovin.co\/dubai\/en\/news\/the-uae-ranks-1-in-crypto-owners\/attachment\/dubai-100\/","alt":"","author":"1822","description":"","caption":"","name":"dubai-100","status":"inherit","uploaded_to":70357,"date":"2023-06-13 07:28:12","modified":"2023-06-13 07:28:12","menu_order":0,"mime_type":"image\/jpeg","type":"image","subtype":"jpeg","icon":"https:\/\/lovin.co\/dubai\/wp-includes\/images\/media\/default.png","width":1925,"height":963,"sizes":{"thumbnail":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2023\/06\/13112813\/dubai-small.jpg","thumbnail-width":150,"thumbnail-height":150,"medium":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2023\/06\/13112813\/dubai-medium.jpg","medium-width":300,"medium-height":150,"medium_large":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2023\/06\/13112813\/dubai-768x384.jpg","medium_large-width":768,"medium_large-height":384,"large":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2023\/06\/13112813\/dubai-large.jpg","large-width":900,"large-height":450,"1536x1536":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2023\/06\/13112813\/dubai-1536x768.jpg","1536x1536-width":1536,"1536x1536-height":768,"2048x2048":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2023\/06\/13112813\/dubai.jpg","2048x2048-width":1925,"2048x2048-height":963,"small":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2023\/06\/13112813\/dubai-230x115.jpg","small-width":120,"small-height":60,"custom-size":"https:\/\/cdn.lovin.co\/wp-content\/uploads\/sites\/1\/2023\/06\/13112813\/dubai.jpg","custom-size-width":400,"custom-size-height":200}},"featured_image_caption":"","summary":"","flexible_content":[{"acf_fc_layout":"text_block","content":"<p>In some not-so-surprising news, the UAE has emerged as the undisputed crypto capital of the world, with an impressive 27.67% of its population embracing cryptocurrencies. This remarkable achievement as revealed by the World of Statistics, can be attributed to the UAE&#8217;s forward-thinking regulators, early adoption of crypto-friendly laws, and a tech-savvy population that is eager to explore the potential of digital currencies.<\/p>\n<p>Dubai, along with the rest of GCC has positioned itself as a hub for innovation and tech. The regulators in the region have displayed a remarkable openness to understanding emerging technologies, including Bitcoin and blockchain. One of the key factors that set the UAE apart from other countries is its agile regulatory environment. Unlike many nations grappling with crypto regulations, the UAE has been proactive and quick, swiftly accommodating the developments and trends in the crypto space.<\/p>\n<p>This flexibility has created an attractive ecosystem for crypto enthusiasts and businesses alike, fostering a vibrant and flourishing crypto community.<\/p>\n<h2>While the UAE claimed the top spot in terms of crypto ownership, other countries also made their mark in the crypto world<\/h2>\n<p>Vietnam secured the second position with a significant 20.54% of its population involved in cryptocurrencies, followed by Singapore at 13.93%. Iran and the US rounded up the top five with 13.46% and 13.22% respectively.<\/p>\n<ol>\n<li>\ud83c\udde6\ud83c\uddea United Arab Emirates: 27.67%<\/li>\n<li>\ud83c\uddfb\ud83c\uddf3 Vietnam: 20.54%<\/li>\n<li>\ud83c\uddf8\ud83c\uddec Singapore: 13.93%<\/li>\n<li>\ud83c\uddee\ud83c\uddf7 Iran 13.46%<\/li>\n<li>\ud83c\uddfa\ud83c\uddf8 United States: 13.22%<\/li>\n<li>\ud83c\uddf5\ud83c\udded Philippines: 13.02%<\/li>\n<li>\ud83c\uddfa\ud83c\udde6 Ukraine: 10.31%<\/li>\n<li>\ud83c\uddfb\ud83c\uddea Venezuela: 10.28%<\/li>\n<li>\ud83c\uddff\ud83c\udde6 South Africa: 10%<\/li>\n<li>\ud83c\uddf9\ud83c\udded Thailand: 9.32%<\/li>\n<li>\ud83c\uddee\ud83c\uddf3 India: 7.23%<\/li>\n<li>\ud83c\udde7\ud83c\uddf7 Brazil: 6.98%<\/li>\n<li>\ud83c\uddf5\ud83c\uddf0 Pakistan: 6.40%<\/li>\n<li>\ud83c\uddeb\ud83c\uddf7 France: 5.90%<\/li>\n<li>\ud83c\uddf7\ud83c\uddfa Russia: 5.87%<\/li>\n<\/ol>\n"},{"acf_fc_layout":"embed_block","embed_item":"<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Crypto owners (% of population):<\/p>\n<p>\ud83c\udde6\ud83c\uddea United Arab Emirates: 27.67%<br \/>\ud83c\uddfb\ud83c\uddf3 Vietnam: 20.54%<br \/>\ud83c\uddf8\ud83c\uddec Singapore: 13.93%<br \/>\ud83c\uddee\ud83c\uddf7 Iran 13.46%<br \/>\ud83c\uddfa\ud83c\uddf8 United States: 13.22%<br \/>\ud83c\uddf5\ud83c\udded Philippines: 13.02%<br \/>\ud83c\uddfa\ud83c\udde6 Ukraine: 10.31%<br \/>\ud83c\uddfb\ud83c\uddea Venezuela: 10.28%<br \/>\ud83c\uddff\ud83c\udde6 South Africa: 10%<br \/>\ud83c\uddf9\ud83c\udded Thailand: 9.32%<br \/>\ud83c\uddee\ud83c\uddf3 India: 7.23%<br \/>\ud83c\udde7\ud83c\uddf7 Brazil:\u2026<\/p>\n<p>&mdash; World of Statistics (@stats_feed) <a href=\"https:\/\/twitter.com\/stats_feed\/status\/1667200040434106368?ref_src=twsrc%5Etfw\">June 9, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n"},{"acf_fc_layout":"text_block","content":"<h2>With its dominant position in the crypto world, the UAE is poised to play a pivotal role in shaping the future of digital currencies<\/h2>\n<p>The government&#8217;s continued support for innovation and its focus on fostering a thriving fintech ecosystem provides a strong foundation for further advancements in the crypto space. As blockchain technology continues to mature, the UAE is likely to attract even more crypto enthusiasts, businesses, and investors, solidifying its position as a global leader in the crypto revolution.<\/p>\n<p>With the UAE at the forefront, the world is eagerly watching as the crypto revolution unfolds in this dynamic and innovative nation.<\/p>\n"},{"acf_fc_layout":"text_block","content":"<h2>Along with this feat, Dubai has also ranked #1 in attracting Foreign Direct Investment (FDI) projects in cultural &amp; creative industries\ud83d\udcaa\ud83c\udffc<\/h2>\n"},{"acf_fc_layout":"embed_block","embed_item":"<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Dubai ranks 1st globally in attracting Foreign Direct Investment (FDI) projects in cultural &amp; creative industries. This accomplishment exemplifies the remarkable strides made by Dubai\u2019s cultural &amp; creative industries (1\/2) <a href=\"https:\/\/t.co\/TMYazgWd5R\">pic.twitter.com\/TMYazgWd5R<\/a><\/p>\n<p>&mdash; Latifa MR Al Maktoum (@LatifaMRM) <a href=\"https:\/\/twitter.com\/LatifaMRM\/status\/1667801314212958208?ref_src=twsrc%5Etfw\">June 11, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n"},{"acf_fc_layout":"text_block","content":"<h2>Watch The Lovin Dubai Show: Dubai X Sharjah Traffic Will Ease<\/h2>\n"},{"acf_fc_layout":"embed_block","embed_item":"<p><iframe title=\"The Lovin Dubai Show: Dubai X Sharjah Traffic Will Ease\" width=\"900\" height=\"506\" src=\"https:\/\/www.youtube.com\/embed\/D7g21Zt-gLo?start=230&#038;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n"},{"acf_fc_layout":"text_block","content":"<p><a href=\"https:\/\/lovin.co\/dubai\/en\/community\/sujith-varghese\" target=\"_blank\" rel=\"noopener\"><em>ALSO READ: Sujith Varghese Is The First Person of Determination In A Wheelchair To Became A Personal Trainer In Dubai<\/em><\/a><\/p>\n"},{"acf_fc_layout":"text_block","content":"<p><em><strong>Get the latest Dubai news direct to your phone RN! <\/strong><strong>Download The Lovin Dubai app for free RIGHT HERE (<a class=\"c-link\" tabindex=\"-1\" href=\"https:\/\/apps.apple.com\/ae\/app\/lovin-augustus-media\/id1529508280\" target=\"_blank\" rel=\"noopener noreferrer\" data-stringify-link=\"https:\/\/apps.apple.com\/ae\/app\/lovin-augustus-media\/id1529508280\" data-sk=\"tooltip_parent\" data-remove-tab-index=\"true\">App Store<\/a>) (<a class=\"c-link\" tabindex=\"-1\" href=\"https:\/\/play.google.com\/store\/apps\/details?id=co.lovin.lovinapp\" target=\"_blank\" rel=\"noopener noreferrer\" data-stringify-link=\"https:\/\/play.google.com\/store\/apps\/details?id=co.lovin.lovinapp\" data-sk=\"tooltip_parent\" data-remove-tab-index=\"true\">Play Store<\/a>) to get the latest trending stories to your phone.<\/strong><\/em><\/p>\n<h2 class=\"newsletter-title\"><a href=\"https:\/\/lovindubai.us11.list-manage.com\/subscribe?u=a9f4ce5f4cf42df02a2fcfd19&amp;id=584330a937\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a>\u00a0to our Newsletter.<\/h2>\n<p>Get the best of your city straight to your inbox.<\/p>\n"}],"legacy_image":"","legacy_full_image":"","type_of_video":"Self Hosted","lovin_video_link":false,"lovin_video_link_webm":false,"video_thumbnail":false,"disable_lovin_hearts":false,"lovin_heart_title":"","show_sponsor":false,"sponsor_name_copy":"","sponsor_image":false,"sponsor_name":"","sponsor_content":"","sponsor_website":"","sponsor_facebook":"","sponsor_twitter":"","sponsor_instagram":"","enable_reveal_feature":false,"reveal_image":false,"featured_for_app":false,"legacy_meta_tags":"","is_guest_user":false,"episode_number":"","embed_code":"","episode_introduction":"","sponsor_tiktok":""},"_links":{"self":[{"href":"https:\/\/lovin.co\/dubai\/wp-json\/wp\/v2\/posts\/70357","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lovin.co\/dubai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lovin.co\/dubai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lovin.co\/dubai\/wp-json\/wp\/v2\/users\/1822"}],"replies":[{"embeddable":true,"href":"https:\/\/lovin.co\/dubai\/wp-json\/wp\/v2\/comments?post=70357"}],"version-history":[{"count":0,"href":"https:\/\/lovin.co\/dubai\/wp-json\/wp\/v2\/posts\/70357\/revisions"}],"wp:attachment":[{"href":"https:\/\/lovin.co\/dubai\/wp-json\/wp\/v2\/media?parent=70357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lovin.co\/dubai\/wp-json\/wp\/v2\/categories?post=70357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lovin.co\/dubai\/wp-json\/wp\/v2\/tags?post=70357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}