The UAE ranks first in the global encryption friendliness index, followed by Singapore and the United States.

On March 23, according to a study by Atmos, the United Arab Emirates (UAE) is the most crypto-enthusiastic country in the world, scoring 98.4. This Middle Eastern nation slightly leads second-placed Singapore (97.5 points) and is over ten points higher than third-placed United States (85.4 points). The UAE achieved its top ranking despite having very few Bitcoin ATM infrastructures. The research report describes that, for context, the third-ranked United States has 29,834 Bitcoin ATMs, while the UAE has only one. Nevertheless, the UAE's 25.3% crypto asset ownership rate and 210% adoption rate are sufficient to secure its top position. Meanwhile, Canada has the second-highest number of Bitcoin ATMs in the world (3,561), but with an overall score of 72, it ranks fourth. This score is attributed to its 10.1% crypto asset ownership rate and 225% adoption rate. In Turkey, due to economic uncertainty caused by currency devaluation, its crypto asset ownership rate ranks third (19.3%). However, the country's low adoption rate coupled with the scarce number of Bitcoin ATMs (only 7) results in a score of 67.8, making it the fifth most crypto-friendly country. Despite Switzerland's crypto asset ownership rate reaching double digits (11.5%), its adoption rate is only 90%, the lowest among top-ranked countries, leading to a score of only 58.1. According to the research report, Switzerland's lower adoption rate indicates that it is a "mature market rather than an emerging adoption."