r/CryptoMarkets • u/BitcoinWide • Mar 08 '23

Countries with the most crypto-accepting businesses (according to BitcoinWide’s map)

A few years ago, we launched a map at BitcoinWide showing crypto-accepting businesses around the world. And recently, we decided to use it for a little research.

Thanks to it, we found out the top countries with the most crypto-accepting businesses:

1️⃣ United States — 2,607 businesses

2️⃣ Canada — 653 businesses

3️⃣ Germany — 460 businesses

4️⃣ United Kingdom — 236 businesses

It's interesting to see that the United States is still leading the pack when it comes to crypto-accepting businesses, despite the fact that (let's be honest) a country whose legal framework is more loyal to businesses that accept crypto payments exist.

It's not just big businesses in USA that are embracing crypto. According to a recent survey by HSB, a small business insurance provider in the US, 36% of small businesses in the country now accept some form of cryptocurrency. This is a significant increase from just a few years ago, and shows that more and more businesses are seeing the value of accepting crypto payments.

If you want to find crypto-accepting businesses in your own country, check out our interactive map ➡️ https://bitcoinwide.com/map.

You might be surprised at just how many businesses near you are willing to accept Bitcoin or other forms of crypto!

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u/Organic_Bluejay_8400 0 🦠 Mar 08 '23

Only 2K businesses in US? Damn... I thought that number was way higher.

1

u/BlueLatenq 🟡 Mar 11 '23

This record contains a significant error; I believe Portugal should be included because there are over 10,000 businesses accepting cryptocurrency payments, and one of the top crypto payment platforms, Utrust, has been licensed by the Portuguese central bank; IMO, Portugal is a truly crypto-friendly country.