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Hong Kong Retains Top Spot As Best-Prepared Jurisdiction for Widespread Cryptocurrency Adoption in 2023

For the second year in a row, Hong Kong has been named the best-prepared jurisdiction for widespread cryptocurrency adoption in 2023, according to a study that factors in the existence and reach of crypto through ATMs, businesses, accessibility, and legality.

The United States and Switzerland held on to the second and third positions, respectively, while Slovenia, Canada, and Australia managed to squeeze into the top 10. The Dutch showed the most interest in crypto per person, while the US is home to the largest network of Bitcoin ATMs. India leads the global crypto adoption in 2023, according to a recent Chainalysis report, and has become the second-largest crypto market by raw estimated transaction volume globally.

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