Home Infographics Philippines ranks 10th in crypto adoption

Philippines ranks 10th in crypto adoption

The Philippines ranked 10th in the by Australian-based financial technology website . In the July 2022 release of the survey, the index measured crypto trends of 26 countries. Finder surveyed 7,514 internet users in the Philippines, which showed 16% of Filipinos owned cryptocurrency. This was higher than the global adoption rate average of 15%. Compared with its Asia-Pacific peers, the Philippines placed sixth highest, ahead of Indonesia (12th overall), Malaysia (13th), Japan (23rd), and New Zealand (24th). Bitcoin (39%) was the most popular form of cryptocurrency among Filipinos.