Very interesting research conducted by Henley & Partners is represented by the first world report on crypto wealth in the world. According to this analysis, it was determined that there are approx 88,200 crypto millionaires in the world, half of whom enjoy exclusive trust in Bitcoin (BTC) cryptocurrencies. The total market value of cryptocurrencies now stands at a whopping 1.180 billion US dollars, while globally there are 425 million individuals who own cryptocurrencies.
Dr. Juerg Steffen, CEO of Henley & Partners, stated that traders, miners, investors, and crypto entrepreneurs are exploring investment migration strategies to protect theirs interests. “We have seen a significant increase in inquiries from crypto millionaires in the last six months which are wanted to protect themselves from potential future bans on trading or using cryptocurrencies in their countries and mitigate the risks of aggressive fiscal policies that tax digital property.”
According to this interesting analysis, it was found that there are currently 182 cryptos millionaires whose net worth of cryptoassets exceeds 100 million US dollars, where from of that number, 78 belong to Bitcoin owners, while six of the twenty-two are crypto billionaires made their fortunes trading exclusively in Bitcoin.
Analyzing the cryptocurrency adoption index, it is estimated that Singapore takes the lead position in the overall ranking with a score of 50.2 out of 60, or 83.76 percent adoption, followed by
Switzerland is in second place with 78.17 percent, followed by the United Arab Emirates with 76.17 percent.
As for tax-friendly countries, Singapore and the United Arab Emirates stand out with with an impeccable rating of 10 out of 10. They are followed by Mauritius and Monaco with a rating of 9 out of 10 10, while Antigua and Barbuda, Malaysia, Namibia and Switzerland scored a respectable 8 out of 10.