Singapore has claimed the top position in the 2025 Crypto Comfort Index, earning a remarkable 99 out of 100 and establishing itself as the world’s most crypto-friendly nation. The November 2025 report, published by decentralised exchange ApeX Protocol, highlights the accelerating pace of global cryptocurrency adoption. However, despite strong interest in digital assets across the continent, no African country appears among the highest-ranked nations.
How the Crypto Comfort Index Measures Usability
The index assesses how easily residents can use cryptocurrency for everyday purposes, using seven criteria:
- Cryptocurrency ownership rates
- Number of crypto ATMs per capita
- Support for local exchanges
- Search demand for crypto payment tools
- Access to crypto debit cards
- Availability of crypto payment options for local transactions
- Ability to purchase property using digital assets
These indicators combine to show how practical and accessible crypto usage is in each country.
Singapore Leads With Strong Ownership and Supportive Policies
The report shows that one in four Singaporeans (25%) now owns crypto— the highest adoption rate in the world. Backed by progressive regulation and advanced financial infrastructure, the city-state offers:
- 81 regulated crypto exchanges
- Widespread acceptance of crypto payments in retail
- Broad access to crypto debit cards
- The ability to buy real estate directly with digital currency
This well-rounded ecosystem places Singapore at the forefront of global crypto usability.
United States Ranks Second With World’s Largest Infrastructure
The U.S. comes in second with a score of 97, supported by unmatched physical and digital infrastructure, including:
- 31,000+ crypto ATMs
- 166 active exchanges
- Strong public interest in crypto payment methods
While ownership is lower than Singapore at 15.5%, the country’s extensive access points and regulatory clarity make day-to-day crypto usage highly feasible.
Switzerland, Hong Kong, and Canada Complete the Top Five
Switzerland places third (95.3), maintaining its reputation as a global crypto hub with 1,130 crypto ATMs and integration of digital payments into sectors like real estate.
Hong Kong scores 93.3, driven by a robust regulatory framework and mature exchange market.
Canada follows at 90.1, supported by one of the world’s largest crypto ATM networks and broad acceptance of crypto payments in retail and property transactions.
Other strong performers in the top 10 include Australia, Brazil, Portugal, Ireland, and the Philippines—countries that have combined ownership growth with evolving regulatory landscapes.
Why African Countries Failed to Break Into the Top Tier
Despite booming crypto interest in Nigeria, Kenya, and South Africa, Africa did not place in the upper rankings. According to the study, the continent’s challenges include:
- Regulatory uncertainty and inconsistent government policies
- Limited ATM and exchange infrastructure
- Few merchants accepting crypto payments
- Fragmented payment systems
These shortcomings restrict everyday usability, even though African users remain among the most active in global peer-to-peer trading.
ApeX Protocol: “Global Finance Is Entering a New Phase”
A spokesperson for ApeX Protocol said the index captures a critical shift in the global financial landscape. Younger demographics, they noted, are driving adoption at a pace that many governments and institutions are struggling to keep up with.
They added that mainstream financial institutions now hold significant crypto exposure, making mass adoption “unavoidable.” Countries that adapt quickly are expected to attract more investment, innovation, and digital talent in the years ahead.
