The US far outranks other countries in its readiness to adopt cryptocurrency, study finds

US study countries cryptocurrency readiness
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The US far outranks other countries in its readiness to adopt cryptocurrency, study finds

The US is the country most prepared for widespread use of cryptocurrencies, with a study published Thursday showing a high accessibility to and interest in digital currencies within the world's largest economy. The number of crypto ATMs in each country, usage ability in banks, and the number of online searches about cryptocurrencies were among the measures analyzed by Crypto Head, a website focused on cryptocurrency education. The US ranked first among 76 countries as it landed a total score of 7.13 out of 10. Looking at crypto ATMs, the study found the US had 17,436 such machines, far outstripping Canada, which had the second-most, at 1,464. The US has the most crypto ATMs per capita, at one for every 19,023 people. The UK had 200 ATMs for cryptos, resulting in one for every 333,984 persons. Meanwhile, there were 14,796 Google searches for crypto per 100,000 people between May 2020 to April 2021, representing a 140% increase from the same period in the previous year. "Our research also found that the United States is the most crypto ready for consumers, even though the government has been slow with regulation clarity over the last few years, which has actually driven most crypto

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