India stands fourth in Global Crypto Adoption Index 2022 – As per the Chainalysis 2022 Global Crypto Adoption report, Vietnam is ranked first in cryptocurrency adoption with an overall index ranking of 1.000 for the second consecutive year and India has been ranked 4th with an index score of 0.663. China has been in the top ten of the Chainalysis index this year after placing 13th in 2021.
- Out of the top 20 ranked countries, 10 are lower-middle income: Vietnam, Philippines, Ukraine, India, Pakistan, Nigeria, Morocco, Nepal, Kenya, and Indonesia. Eight are upper-middle income: Brazil, Thailand, Russia, China, Turkey, Argentina, Colombia, and Ecuador.”
2022 Global Crypto Adoption Index Top 20
Country | Overall index ranking | Overall index score |
Vietnam | 1 | 1.000 |
Philippines | 2 | 0.753 |
Ukraine | 3 | 0.694 |
India | 4 | 0.663 |
United States | 5 | 0.653 |
Pakistan | 6 | 0.609 |
Brazil | 7 | 0.562 |
Thailand | 8 | 0.560 |
Russia | 9 | 0.541 |
China | 10 | 0.535 |
Nigeria | 11 | 0.521 |
Turkey | 12 | 0.519 |
Argentina | 13 | 0.510 |
Morocco | 14 | 0.507 |
Colombia | 15 | 0.496 |
Nepal | 16 | 0.478 |
United Kingdom | 17 | 0.473 |
Ecuador | 18 | 0.409 |
Kenya | 19 | 0.397 |
Indonesia | 20 | 0.396 |
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