London is open for business: Ranks 1 as the most crypto-ready city in the world. Is your city on the top 20 list?
research conducted by Recap. An examination of eight key data points determined London to sport the highest crypto-readiness to entice businesses and start-ups.As shown above, leading metropolitan cities such as Dubai and New York made it to the top three in the list. However, Hong Kong, which wasThe above list shows the top 50 major cities that have an infrastructure ready to experience the mass adoption of cryptocurrencies.
Some key factors considered in the study include the total number of crypto-specific events, crypto-related jobs, crypto-specific companies and the number of crypto ATMs. Some of the non-crypto considerations include quality of life, R&D spend as a percentage of GDP and capital gains tax rate. Out of the lot, London is home to the most number of people working in crypto-related jobs — an indication of higher interest among the general public in the crypto ecosystem. However, cities from other geographies overshadow London in other metrics, strengthening the case for the global adoption of cryptocurrencies.
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