Crypto hubs 2023 Live free, work smart.
The crypto industry is currently in a state of flux, with several exchanges such as Binance, Bybit, and OKX leaving Canada. Gemini, on the other hand, has announced a significant increase in operations and headcount in Singapore. Andreessen Horowitz (a16z), a venture capital firm, has also established its first non-U.S. office in London.
It appears that the regulatory landscape for the crypto industry is shifting towards the east, away from North America, where both the U.S. and Canada are regarded as unfriendly. Dubai established the Virtual Asset Regulatory Authority (VARA) last year, and neighboring Abu Dhabi plans to introduce its crypto-friendly regulatory framework this year. The European Union passed the Markets in Crypto-Assets regulation in April, and Hong Kong’s Securities and Futures Commission has started accepting license applications for crypto exchanges this month.
The absence of a global regulatory framework for crypto has made regulatory arbitrage possible, if not necessary. The International Monetary Fund’s (IMF) Monetary and Capital Markets department has called for a global framework to bring order to the markets, instill consumer confidence, and provide a safe space for innovation.
Start-up founders and digital nomads are considering various factors, such as regulation, investment environment, ease of doing business, and taxes, when deciding where to relocate or expand their businesses.
- Network transactions increase by 67% due to optimism upgrade.
- TRX could reach $0.085.
- XRP traders capitulate, potentially bullish.
Crypto Hubs 2023 has ranked the 15 best places to live and work for crypto professionals based on eight different criteria, ranging from regulatory friendliness to quality of life. The list includes Zug, Singapore, London, Seoul, Dubai, Abu Dhabi, Wyoming, and Silicon Valley.
This is an ordered list of cities for remote-work crypto developers to live in. Each item in the list is numbered and includes the name of a city, a brief description, and an image. The cities are as follows: Austin, Berlin, Los Angeles, New York City, Vancouver, Ljubjana, and Lisbon. The list was edited by Daniel Kuhn. The HTML code is preserved in the result.