- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Crypto Hubs 2023
Seoul: Asia’s Retail Crypto Capital Moves on After Do Kwon
South Korea’s nearly 7 million registered users, many in the nation’s capital, show a huge interest in trading crypto. But No. 4 in CoinDesk’s Crypto Hubs 2023 is still licking its wounds after the catastrophic collapse of Terra blockchain – for a time, South Korea’s favorite crypto project.
Dubai: Launching a Crypto Regulatory Arm to Become a Global Financial Power
The center of the crypto universe has been shifting toward Dubai since March 2022, when the UAE announced the world’s first independent crypto regulator: the Virtual Asset Regulatory Authority. With its stated intention to provide legal clarity for crypto, the No. 5 spot in CoinDesk’s Crypto Hubs 2023 has attracted jurisdiction shoppers such as Binance CEO Changpeng Zhao and crypto exchange WazirX.
Abu Dhabi: A Wealthy Middle-East Capital Creating a Bridge From TradFi to Crypto
The heart of crypto in the capital of the United Arab Emirates is actually just offshore in the Abu Dhabi Global Markets, an economic free zone. With a mandate to encourage fintech, the No. 6 spot in CoinDesk’s Crypto Hubs 2023 keeps the lines of communications open between regulators and crypto institutions.
Wyoming: Regulatory Clarity and Crypto-Friendly Banks Fuel Blockchain Revolution
America’s least populous state has passed three dozen laws regulating crypto. That has helped attract crypto, blockchain and Web3 employers and made the No. 7 spot on CoinDesk’s Crypto Hubs 2023 the most crypto-friendly state in an otherwise uncertain U.S. regulatory environment.
Silicon Valley: The Mecca for Venture Capital May Be Cooling on Crypto
The storied birthplace of the U.S. tech industry is dripping with talent and money. But crypto founders who live in the No. 8 spot on CoinDesk’s Crypto Hubs 2023 list say that Web3 is losing ground to artificial intelligence in the race to capture the Valley's wallets and minds.
Austin: Where Remote-Work Crypto Developers Actually Choose to Live
A critical mass of the world’s top Bitcoin developers and mining companies call the No. 9 spot in CoinDesk’s Crypto Hubs 2023 their home, lured by the city’s attractive weather, live music and food scene, as well as the lack of state income taxes.
Berlin: The Center for Decentralized Finance – and Techno Music
When the tech hub of Europe meets a society that prizes financial autonomy, the result is a crypto community that practices the very decentralization it preaches. Case in point: Blockchain Week Berlin, the flagship annual conference of the No. 10 spot in CoinDesk’s Crypto Hubs 2023, is a self-organized, crypto-agnostic community initiative.
Los Angeles: Where Hollywood Magic and Creativity Meet Web3
The City of Angels is a global influencer in art, fashion and, especially, entertainment. Less known are its significant contributions in technology innovation. Taken together, the No. 11 spot on CoinDesk’s Crypto Hubs 2023 is a Web3 superpower. Plus it has the world's best movie stars.
New York City: A Crypto Sandbox in a Big Business Playground
The Big Apple is big everything. The world’s financial center, it also has a huge population not only of talented developers to hire, but consumers to sell to. In such a huge and bustling ecosystem, crypto may not rate as the city’s highest priority. But like it or not, the No. 12 spot in CoinDesk’s Crypto Hubs 2023 is a place crypto companies must be.
How We Ranked CoinDesk’s Crypto Hubs 2023: Our Methodology
As veterans of past city lists we aimed to produce a meaningful ranking of the best places in the world to live and work in crypto, blockchain and Web3. Here’s how we did it.
