Madagascar
Africa · Rank #102 of 190
Overall Score
16.5/100
Early Stage
Bitcoin in Madagascar
Madagascar has an early stage Bitcoin adoption profile, ranking #102 out of 190 countries (top 54%).
Rank
#102
of 190
Score
16.5
/100
Status
Early Stage
Legal Framework
Score
Evaluates the regulatory environment, legal status of Bitcoin, tax clarity, and government stance toward cryptocurrency usage and businesses.
Adoption Level
Score
Measures real-world Bitcoin usage including merchant acceptance, P2P trading volume, awareness levels, and community activity.
Infrastructure
Score
Assesses exchange availability, Bitcoin ATM density, Lightning Network adoption, node count, and developer ecosystem presence.
Overall Adoption Score
The overall score is a weighted average of the three category scores (Legal Framework, Adoption Level, and Infrastructure), each weighted equally at 33.3%.
Score History
Frequently Asked Questions
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