🚨 Get Your Free NFT Certificate Mint by Completing the Web3 Exam! START NOW
Learn to gain real rewards

Learn to gain real rewards

Collect Bits, boost your Degree and gain actual rewards!

New
Video Courses
Video Courses
Deprecated
Scale your career with online video courses. Dive into your learning adventure!
Learn to gain real rewards

Learn to gain real rewards

Collect Bits, boost your Degree and gain actual rewards!

New
Video Courses
Video Courses
Deprecated
Scale your career with online video courses. Dive into your learning adventure!

London Named The Most Crypto Business-Ready City in The World

London Named The Most Crypto Business-Ready City in The World

In London, over 2,000 people are working in crypto-related firms.

Recap, a company offering private crypto tax software and crypto portfolio tracker, has conducted research aiming to determine the most crypto business and start-up-ready city in the world.

According to the Recap blog post, the capital of the United Kingdom, London, is the most crypto-ready city in the world.

What is Defi 2.0? (Explained with Animations)

Did you know?

Want to get smarter & wealthier with crypto?

Subscribe - We publish new crypto explainer videos every week!

What is Defi 2.0? (Explained with Animations)

What is Defi 2.0? (Explained with Animations) What is Defi 2.0? (Explained with Animations)

The researchers reportedly looked into “eight key data points,” including “quality of life score; crypto-specific events; people working in crypto-related jobs; crypto companies; R&D spend as a percentage of GDP, number of crypto ATMs, capital gains tax rate, ownership of crypto in each country.”

London came as a leader in crypto-based jobs. In the city, around 2,173 people are working in the crypto sector. Based on the report, “it is the highest number of people working in this industry compared to anywhere else.” On top of that, the city has over 800 crypto-based firms.

The Big Smoke city is also one of the leaders in hosting “the highest number of crypto-related events and conferences throughout the <previous> year.”

It comes as no surprise that London is named the most crypto business-ready city in the world. The government of the United Kingdom was, for a while, actively declaring its readiness to become a “crypto hub.”

The newly appointed Prime Minister of the United Kingdom, Rishi Sunak, claimed that “it’s <his> ambition to make the UK a global hub for crypto-asset technology” and “ensure firms can invest, innovate and scale up in this country.”

At the beginning of February, His Majesty’s (HM) Treasury released a consultation paper called “Future financial services regulatory regime for crypto assets.”

Following London, Recap listed Dubai, New York City, Singapore, and Los Angeles as the top five “crypto hub cities.”

Overall, the top 20 list of most crypto-ready countries includes six Asian cities, five European cities, four cities located in North America, three Middle Eastern cities, one African, and one Australian city.

Gile K., Market Sentiment Analyst
Gile is a Market Sentiment Analyst who understands what public events may form what emotions. Her experience researching Web3 news and public market messages – including cryptocurrency news reports, PRs, and social network streams – is critical to her role in helping lead the Crypto News Editorial Team.
As an intelligent professional in public relations, together with the team, she aims to determine real VS fake news patterns, and bring her findings to anyone searching for unbiased news and events happening in the FinTech markets. Her expertise is uncovering the latest trustworthy & informative Web3 announcements to the masses.
When she's not researching the trustworthiness of mainstream stories, she spends time enjoying her terrace view and taking meticulous care of her outdoor environment.

Loading...
binance
×
Verified

$600 WELCOME BONUS

Earn Huge Exclusive Binance Learners Rewards
Rating