It is their right to decide with which methodology they will conduct the research, as well as in which countries they will conduct it, so it is possible that some countries will not be on the list at all because they have no data for them.


This is just proof that countries within the EU implement laws differently when it comes to KYC and AMLD. It is obvious that the degree of development of society and corruption and crime rates play a role in such decisions.


And this is a country where you pay 0% tax if you sell crypto 1 year after purchase, so it would be logical that people are more interested in such an investment. The UK is an indicator that everything can change literally overnight, and this can happen in any country when the authorities change the rules of the game.

Yes, Nigeria is emerging and developing when it comes to crypto adaption so I believe that they deserve a higher spot despite the negative aspects that are pulling it down. Nigeria is actually more advanced and even has a higher number of traders compared to other Asian countries. Their involvement in crypto investment has a huge percentage compared to others.

  Germany is the first country in ranking because crpto currency is tax free and they also encourage private inveatorrs to keep their currency profit .

 Apart from this Germany is one of country which has the most Bit coin nodes but am still surprised though.

Of course, as crypto continues to grow and gain mainstream acceptance, as well as meet increasingly interested governments and regulatory frameworks, this list may change as there are still many crypto-friendly countries.
and this is a list of countries that invest the most in or use bitcoin or crypto at the moment, such as the United States which ranks second not to have the most bitcoin or crypto. however they have the most ATMs installed because so many people want to join bitcoin or crypto and because of that, the IRS can raise a lot of money by tracking down people who don't pay their taxes.

I think south Korea also deserve place in the list South Koreans are pushing crypto adoption strongly. LG of South Korea announced that they will launch TV which  will have crypto trade capability,

It will be beneficial to know how many peoples are using crypto from every country. This will show us the percentage of adoption in that respective country. I know some county where crypto is not officially legal but many people are using it.As a newbie, I still recommend buying bitcoin as the best option. If you really want to make money long term in the market, don't look at the price in the short term. The price of bitcoin has increased many times since 2013 and many people think that bitcoin will not be able to rise anymore and is no longer as profitable as altcoins. This is a common mistake.
,  I know there is some data in the internet that shows India has the largest users in the crypto world but it looks totally incorrect to me.

This is not entirely true.


This means that all profits from crypto investments over EUR 600 per year are subject to Personal Income Tax, which has progressive income tax rates ranging from 14% to 45%.

As far as I understand, this rating does not speak about "the depth of penetration of cryptocurrency as a means of payment in a particular country", but is a kind of integral indicator, not "depth" but "width" of acceptance of blockchain technology as such, including cryptocurrencies, more precisely, their freedom of circulation. But first of all, this rating is still about the laws governing the work with this technology, about maintaining law and order when using cryptocurrencies as an asset acceptable for market relations, about wide support in various areas of life and the economy. Here it is impossible to “one-sidedly” evaluate “whether crypto is accepted or not” at the supermarket checkout, this cannot be a real and qualitative indicator of the overall picture of the country’s acceptance of blockchain technology and cryptocurrencies.

Developed countries always wants them to be connected to the technology advancement. This is where cryptocurrency usage is seen much on developed countries. Another thing people are well educated to understand the reality of cryptocurrencies than just falling for scams. The governments seems to be supportive in regulation, because the contribution from cryptocurrencies were that disturbing to the economy.