Think of it this way: We could easily rank countries by raw cryptocurrency transaction volume, which would give you a straightforward view of where the most cryptocurrency activity is happening. But that’s not what we’re interested in. The goal of our index is to measure where the most people are putting the biggest share of their money into cryptocurrency. While institutional activity is important to that, we also want to highlight the countries where individual, non-professional investors are embracing digital assets the most. You can read our methodology below to learn how we do that, then keep scrolling to see the top 20 of our index. You can also go to page 82 of this report to see the full list of country rankings.