Africa Missing as Singapore Tops Global Crypto Usability Index in 2025
Singapore has emerged as the world leader in everyday cryptocurrency usability, ranking first in the 2025 Crypto Comfort Index with an impressive 99 out of 100 score. The November 2025 report, released by decentralised exchange ApeX Protocol, highlights how rapidly digital currency adoption is accelerating worldwide. Yet, noticeably absent from the top-performing nations are African countries, despite their growing crypto enthusiasm.
Seven Metrics That Shaped the Global Rankings
The index evaluates crypto usability across seven key factors:
- Ownership of digital assets
- Number of crypto ATMs per capita
- Availability of local exchanges
- Search interest in crypto payments
- Access to crypto debit cards
- In-country transaction options
- Ability to purchase real estate using digital assets
Together, these metrics gauge how practical and seamless it is for residents to use cryptocurrency in daily life.
Singapore Dominates With World’s Highest Crypto Adoption
According to the report, 25% of Singaporeans now own cryptocurrency, representing the highest adoption rate globally. Singapore’s crypto-friendly policies and robust infrastructure underpin its top-ranking position.
The city-state boasts:
- 81 licensed crypto exchanges
- Widespread merchant acceptance of crypto payments
- Strong availability of crypto debit cards
- The option to purchase real estate with digital assets
This combination of accessibility, infrastructure, and regulatory clarity has made Singapore the most convenient place to live a crypto-integrated lifestyle.
United States Takes Second Place With Vast Infrastructure
The United States follows closely with a score of 97. Although ownership is lower at 15.5%, the U.S. benefits from the world’s largest digital and physical crypto network, including:
- 31,000+ crypto ATMs
- 166 crypto exchanges
- High search interest in crypto payment tools
Legal clarity, merchant adoption, and the ability to buy property using cryptocurrency also contribute to its strong ranking.
Switzerland, Hong Kong, and Canada Round Out the Top Five
Switzerland ranks third with 95.3, long known for its progressive stance on digital assets. The country supports 1,130 crypto ATMs and has integrated crypto payments across multiple sectors, including real estate, even though crypto debit cards remain limited.
Hong Kong (93.3) and Canada (90.1) complete the top five. Hong Kong benefits from a strong regulatory framework and an advanced exchange ecosystem, while Canada offers one of the world’s biggest ATM networks and allows crypto-based property and retail payments.
Other top-ranking nations include Australia, Brazil, Portugal, Ireland, and the Philippines—each demonstrating a combination of supportive policies, maturing infrastructure, and increasing public adoption.
Why Africa Failed to Make the Top Tier
Despite leading global peer-to-peer crypto trading volumes and experiencing rapid adoption in countries such as Nigeria, Kenya, and South Africa, no African nation ranked in the upper tier of the index.
The report suggests several limiting factors:
- Inconsistent or unclear regulatory environments
- Limited ATM and exchange infrastructure
- Fewer crypto-enabled commercial services
- Fragmented payment ecosystems
These gaps hinder practical, everyday crypto usability, even though Africans are among the world’s most active digital asset users.
“A Moment of Transition in Global Finance” — ApeX Protocol
A spokesperson for ApeX Protocol described the index as a reflection of shifting global financial trends. They noted that young populations are driving crypto adoption faster than many governments can regulate.
Major financial institutions now hold significant crypto exposure, making widespread integration “inevitable,” the spokesperson added. Countries that move early to establish clear frameworks and infrastructure will be better positioned to attract investment and digital talent.
