welcome to Mojo travels and today we'll be counting down our picks for the top
10 countries going all in on crypto are you a fan of our videos be sure
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for this list we'll be looking at countries that have embraced Bitcoin ethereum cardano and other
forms of cryptocurrency For Better or For much worse because crypto prices and data vary so
much the specific cited here will undoubtedly be vastly changed in the fast-moving markets
number 10. Canada as is the case with most countries Bitcoin is the most prominent
cryptocurrency in the great white North in December 2021 bitcoin's price in Canada was
estimated at 54 515 with a market cap of 1.3 trillion dollars that uh didn't last of course
although not nearly as much ethereum is worth over four thousand dollars while binance coin
and Solana can fetch a few hundred CPA Jerome Dwight believes that Canada has the potential
to become a major force in crypto Investments even calling the province of Alberta one of
the most fintech Friendly Markets in the world don't even think about money laundering though
as Canada has tight regulations number nine Australia according to an independent reserve's
cryptocurrency index survey 18.4 of Australian participants owned cryptocurrency in 2020. by
the end of 2021 that number Rose to 28.4 this isn't the only figure that went up 10 points
in 2020 78 of crypto users showed a profit or at least broke even by the following year 89
were in the virtual money the survey also saw a significant increase in women who currently
or formerly owned crypto growing from 10.3 to 20 Bitcoin leads the charge in Australia accounting
for 65.2 percent of crypto ownership however 26.4 percent owns cardano making Australia one of the
leading countries for this blockchain platform irci CEO Adrian schwozny isn't surprised by
crypto's evolution in Australia expecting to see more people grow instead number eight Japan in a
2021 best countries report Japan ranked number one for entrepreneurship and technological expertise
given the country's status it makes sense that Japan would jump on the crypto bandwagon in 2017
Japan's Financial Services Agency officially endorsed 11 crypto exchange companies that same
year it was announced that coin check a Japanese Bitcoin exchange would team with recruit lifestyle
in an effort to get Bitcoin accepted at 260 000 stores today many Japanese stores accept Bitcoin
including Electronics retailer bit camera in addition to bitcoin monacoin has been called
Japan's first cryptocurrency this digital currency is widely used throughout the country especially
for tipping in online games according to a 2020 statista survey four percent of Japan owns or
has used cryptocurrencies with real potential for long-term growth number seven India in 2018
Nish Charles Shetty founded wazir X an Indian crypto trading platform within the next year
wazirx had been acquired by binance the leading force in crypto exchange Bitcoin tether Shiba
Inu and other cryptocurrencies are only becoming more common across India statista's data shows
that nine percent of India's respondents use or own cryptocurrency according to AAA the
number of crypto owners in India is likely close to 7.3 percent while those might not
seem like the biggest numbers India is the world's second most populated country with
over a billion residents so that's more than 100 million crypto owners AAA also found that
males account for 80 of India's crypto users although female users went up 300 in a year
number six Peru South America is becoming more and more crypto friendly but Peru has perhaps seen
the most drastic uptick between June and July 2020 Peru reportedly had an 18.3 increase in blockchain
wallet trading by May 2021 transactions rose up almost 24 thanks to the unpredictable presidential
elections looking at the big picture statista found that 16 of Peru's population have owned
or used cryptocurrency statista also estimates bitcoin's worth in Peru at 44.69 million dollars
AAA indicates that 3.7 of peruvians are crypto owners which is well over 1 million Peru continues
to invest heavily in crypto in November 2021 it was even announced at the country's Central Bank
is working with Hong Kong India and Singapore to help create a central bank digital currency
number five Ukraine by officially legalizing Bitcoin in September 2021 Ukraine might not have
been the first country to go all in on crypto but nobody can deny the country's growing presence in
the crypto Market obvious political misery aside AAA ranked Ukraine number one for the world's most
crypto owners at more than 5.5 million individuals that's almost 13 of the country Ukraine also came
in first for crypto adoption with the country sending and receiving around 8 billion dollars
worth between July 2019 and June 2020. meanwhile data firm chain analysis ranks Ukraine fourth on
the global crypto adoption index with a score of 0.29 Alexander bornikov from the ukraine-based
ministry of digital transformation is aspiring to make the country one of the top jurisdictions
in the world for crypto companies Number 4. Philippines back in 2017 bitcoin's worth in
the Philippines went from one thousand dollars to more than nineteen thousand within several months
not long after the country dived headfirst into crypto adopting new technologies that have made
digital currency more accessible in January 2022 the country's Union Bank announced a
crypto trading and custodial Services initiative signifying increased confidence in digital funds
on statistics charts for crypto use and ownership the Philippines nabbed third place with 20 of
its population dipping their toes in a virtual pool at one point the country's rapid adoption
of crypto has also been reflected in Triple A's findings with more than 4 million crypto owners
this phenomenon is gaining momentum in the Philippines and we suspect it will only go up
number three Vietnam we've mentioned a few Asian countries on this countdown although
Vietnam may be the one to keep an eye on in the realm of crypto Vietnam topped chain Alice's
ranking for Global crypto adoption receiving an index score of 1.0 that's not the only list
that Vietnam placed high on statista placed it second on their Global consumer survey with 21
of Vietnam getting in on the crypto game Vietnam fared well on Triple A's crypto adoption scale
as well with just under 6 million people owning virtual currency while that only accounts for
about six percent of the population nearly 60 of Vietnamese citizens have showed interest in
crypto so the country will likely see plenty more investors going forward number two United States
naturally crypto is popular in America after all the first Bitcoin transaction occurred in
Florida for two pizzas long before that American cryptographer David charm came up with a form of
electron currency called ecash through his company digicash ecash saw the light of day in 1995 while
digicash went bankrupt three years later Chan was ahead of the curve and the rest of the country is
finally catching off Elon Musk has controversially gone all in influencing various cryptocurrencies
Mr musk is far from the only big name to embrace crypto some of the most prominent American brands
except cryptocurrency including Microsoft PayPal and Amazon AAA estimates that 27 million Americans
own cryptocurrency number one Nigeria in October 2021 the Central Bank of Nigeria launched the
digital currency in error with this action Nigeria became the first nation in Africa to officially
introduce cryptocurrency since Nigeria is also Africa's largest economy and many citizens make
payments via phone we see why they be the first country to take this step even before that though
crypto was already on the rise in Nigeria the country top statistics poll with 32 percent of
respondents having digital currency experience it should also be noted that about a third of
Nigerians reportedly participated in this survey on Google no country is searching about Bitcoin
and crypto more than Nigeria even if you're a Nigerian who doesn't currently use crypto chances
are that it's on your mind do you agree with our picks check out this other recent clip from Mojo
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