Mauritius among the Top 50 ‘most Crypto-ready’ nations

The latest 2021 Crypto-Ready Index is out and reveals the top 200 countries in the world that are ‘most crypto-ready.’

Of the top 50 countries globally, Mauritius is the only African country that makes it on the list.

The index evaluates the most crypto-ready nations based on the following metrics:

• Google Searches
• Crypto ATM saturation
• Legislation on ownership and use

Below is a breakdown of the top 20 countries on the list:

• United States – Over 17, 000 Bitcoin ATMs and laws allow for ownership of crypto and its use in banks
• Cyprus – Allows for ownership and use of crypto wtih over 140% increase in searches in the past year
• Singapore – Laws allow for owning and using cryptocurrencies
• Hong Kong – The laws allow for full use of crypto
• United Kingdom – Laws allow for usage and ownership of cryptocurrencies
• Ireland
• Slovenia
• Australia
• Germany
• Canada
• Gibraltar
• Malta
• Croatia
• New Zealand
• United Arab Emirates
• Iceland
• Greece
• Netherlands
• Cayman Islands
• Finland

The top ranked African countries on the list are:

• Mauritius (No. 22)
• Seychelles (No. 55)

The Bank of Mauritius is targeting a year-end rollout for its Central Bank Digital Currency (CBDC) pilot.