Henley & Partners Released a Crypto Wealth Report

09/05/2023

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According to the first Crypto Wealth Report, so far there are 88,200 crypto millionaires. Just under half of them hold their wealth in Bitcoins. The report was provided by Henley & Partners.

The report touches on the number of bitcoin millionaires and billionaires, and compares the best residency and citizenship programs on investment for crypto investors. Henley & Partners noted growing numbers of crypto millionaires want to secure their wealth and seek ways to store it safely, as well as minimize tax policy risks.

Jeff D. Opdyke highlights that cryptocurrencies are the best technology of the last 30 years. Much attention was paid to the legal aspects of holding cryptocurrencies.

An index of cryptocurrency adoption has also been issued. Singapore takes the lead with 83.76% of the results. It was followed by Switzerland with 78.17% and UAE with 76.17%. Singapore and UAE scored the highest on the tax-friendliness parameter. These two countries also have increased awareness about cryptocurrencies. The US leads the way in infrastructure adoption.

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