The US boasts 12 of the world’s 17 cryptocurrency billionaires, with Coinbase chief exec Brian Armstrong leading the pack with $11.5 billion.
The remaining five on Hurun’s crypto rich list are residents of China, barring Binance’s Changpeng Zhao, who’s listed as a resident of Singapore.
Hurun estimates the world’s crypto billionaires are together worth $62.8 billion.
Those figures alone make up nearly half of the net worth of all crypto billionaires.
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Cryptocurrency remains in a legal grey area in China, with banks effectively banned from doing business with Bitcoin exchanges.