Crypto millionaires are multiplying at an astonishing, unprecedented rate. Data from New World Wealth reveals a 95% increase in individuals holding over $1 million in crypto assets, bringing the total to 172,300.

Those with $100 million or more in crypto—known as centi-millionaires—have increased by 79%, now totalling 325. Even the ultra-rich, those with a billion or more in crypto, have grown by 27%, reaching 28 individuals.

Crypto investors seek new jurisdictions

According to Henley & Partners, these investors are seeking countries that are friendly to crypto and offer a regulatory environment that aligns with their lifestyle.

Countries offering citizenship by investment have become particularly attractive. These programs allow investors to gain residency or citizenship in exchange for massive investment. 

It’s a win-win for both sides—investors get a favorable environment for their assets, and countries attract wealthy, innovative individuals.

The Crypto Adoption Index shows that Singapore tops the list, leading in infrastructure, innovation, and regulation. Hong Kong follows closely, thanks to its strong economic policies and favorable tax environment. 

The UAE rounds out the top three, offering zero capital gains tax and a growing economy. Europe isn’t sitting still either. Malta and Cyprus are rolling out the red carpet for crypto investors, offering flexible regulations and innovative approaches. 

Switzerland’s “Crypto Valley” in Zug remains a hotspot, attracting blockchain startups and established players alike. The U.S. is waking up too, especially after the approval of spot Bitcoin ETFs. Countries like Panama are branding themselves as crypto havens, eager to capture a piece of the market.

The Caribbean is getting in on the action as well. Antigua and Barbuda, along with St. Kitts and Nevis have both passed laws aimed at drawing in crypto entrepreneurs.

India, however, presents a more challenging environment for crypto investors. Strict tax rules, including a 1% tax deducted at source on crypto transactions and a flat 30% tax on gains, are driving many wealthy individuals to look elsewhere.

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