Bulgaria’s crypto holders have surged 33%, from 420 million holders in 2023 to 562 million users this year. A local news outlet in Bulgaria affirmed that an investment management company, Belayer, confirmed these figures in its quarterly report on the crypto market.
According to another crypto payment gateway, Triple A, Bulgaria’s crypto ownership rate has also increased significantly. In its 2024 survey, the research firm concludes that the country’s ownership rate is 6.10%, representing 300,000 people as of the first half.
Notably, Bulgaria’s ownership rate doubled compared to the previous year’s figure of the Triple-A report. The last report shows Eureop’s annual average growth rate at 60%.
The continent is accelerating its efforts to adopt blockchain technology. It launched a dedicated organization to develop a European blockchain network in May. Named EUROPEUM-EDIC, the organization unites 27 European countries to build the blockchain initiative.
Asia leads the way in crypto ownership
According to a survey involving 56 countries globally, Asia leads the world in crypto adoption. Digital currency holders surged from 268 million to over 326 million users this year, representing the highest number of digital assets acceptance.
Similarly, North America, which remains behind Asia in ranking, has 72.2 million crypto users. UAE, Singapore, and Turkey are the top three countries performing well in virtual asset adoption, with ownership rates of 25.3%, 24.4%, and 19.3%, respectively.
On the other hand, South America also experienced a notable surge in digital asset adoption due to high inflation on the continent. Crypto holders increased 115% over the year, reaching 55 million users.
The report reveals Demographic insights: 72% of owners are aged below 34. 61% of the holders are male, and the rest are female. Of these, 71% of users have a bachelor’s or higher degree.
