Top 15 Crypto Hubs

Ethereum Co-Founder Vitalik Buterin at Techcrunch London 2015

Zug: Where Ethereum Was Born and Crypto Goes to Grow Up

What is not to like about the tiny Swiss city where Vitalik Buterin and his cofounders launched Ethereum? The No. 1 spot on CoinDesk’s Crypto Hubs 2023 ranking has it all: reg...

Ethereum Co-Founder Vitalik Buterin at Techcrunch London 2015
Gemini co-founders Tyler & Cameron Winklevoss, seen in colorful tuxedos,  announced in June that they will expand their Singapore headcount to more than 100 employees, about 20% of the total worldwide staff.

Singapore: The Center of Asian Crypto Wealth Is Ready for a Reset

A fintech hub turned early crypto adopter, Singapore raised billions through ICOs. Cue parties on yachts and at luxury villas. But after the collapse of homegrown crypto darli...

Gemini co-founders Tyler & Cameron Winklevoss, seen in colorful tuxedos,  announced in June that they will expand their Singapore headcount to more than 100 employees, about 20% of the total worldwide staff.
Official Prime Minister portrait Rishi Sunak

London: The World’s Capital for Foreign Exchange Adds Cryptocurrencies to Its Ledger

Already a global hub for finance, the No. 3 spot in CoinDesk’s Crypto Hubs 2023 has a healthy grassroots crypto adoption rate and a prime minister eager to attract the digital...

Official Prime Minister portrait Rishi Sunak
South Korean President-elect Yoon Suk-yeol of the main opposition People Power Party celebrates with supporters at the party's headquarters on March 10, 2022 in Seoul, South Korea. (Chung Sung-Jun/Getty Images)

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 lickin...

South Korean President-elect Yoon Suk-yeol of the main opposition People Power Party celebrates with supporters at the party's headquarters on March 10, 2022 in Seoul, South Korea. (Chung Sung-Jun/Getty Images)
Founder/CEO of Binance Changpeng Zhao, closeup

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 Reg...

Founder/CEO of Binance Changpeng Zhao, closeup
Abu Dhabi (Kamil Rogalinski/Unsplash)

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 fi...

Abu Dhabi (Kamil Rogalinski/Unsplash)
Caitlin Long, founder and CEO of Custodia Bank (Ali Powell)

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...

Caitlin Long, founder and CEO of Custodia Bank (Ali Powell)
Andreessen Horowitz General Partner Chris Dixon at TechCrunch Disrupt San Francisco 2019. (Steve Jennings/Getty Images for TechCrunch)

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...

Andreessen Horowitz General Partner Chris Dixon at TechCrunch Disrupt San Francisco 2019. (Steve Jennings/Getty Images for TechCrunch)
Parker Lewis, left, interviewing former Riot Blockchain Chief Commercial Officer Chad Harris at Bitcoin Commons in May 2023.

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 weathe...

Parker Lewis, left, interviewing former Riot Blockchain Chief Commercial Officer Chad Harris at Bitcoin Commons in May 2023.
berlin germany (Florian Wehde/Unsplash)

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 poin...

berlin germany (Florian Wehde/Unsplash)
Disney CEO Bob Iger in a tuxedo on the red carpet in May 2023.

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...

Disney CEO Bob Iger in a tuxedo on the red carpet in May 2023.
Eric-Adams-02-CDCROP.jpg

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...

Eric-Adams-02-CDCROP.jpg
Kim Cope, head of product at Dapper Labs, on stage at Consensus 2019

Vancouver: A Boutique Hub for Crypto Early Adopters

This small and picturesque coastal city has plenty of crypto jobs, companies and events. But the No. 13 spot in CoinDesk’s Crypto Hubs 2023 is handcuffed by regulatory uncerta...

Kim Cope, head of product at Dapper Labs, on stage at Consensus 2019
View of Ljubljana from a canal, under a bright blue sky (Eugene Kuznetsov/Unsplash)

Ljubljana: It’s a Beautiful Life in This Crypto Payments Hotbed

This unsung Central European success story features famous philosophers, a striking landscape and a high quality of life. And the No. 14 spot in CoinDesk’s Crypto Hubs 2023 ha...

View of Ljubljana from a canal, under a bright blue sky (Eugene Kuznetsov/Unsplash)
Stunning view of Lisbon from a manicured green lawn in foreground to the sea on the horizon (Sally Wilson/Pixabay)

Lisbon: A Buzzy, Affordable Mecca for Buy-and-Hold Crypto Nomads

Portugal’s coastal capital offers a top-shelf European quality of life at discount prices. The No. 15 spot on CoinDesk’s Crypto Hubs 2023 attracts creative and entrepreneurial...

Stunning view of Lisbon from a manicured green lawn in foreground to the sea on the horizon (Sally Wilson/Pixabay)

Crypto Hubs Opinion

headshot of Nick Jones against bright pink background

Why Edinburgh Is Zumo's Crypto Hub

A conversation with Nick Jones, the co-founder and CEO of digital-assets infrastructure platform Zumo, on how being accepted to a blockchain accelerator and COVID-19 workplace...

headshot of Nick Jones against bright pink background
Immunefi founder and CEO Mitchell Amador speaking at VivaTech 2023.

Why Lisbon Is Immunefi's Crypto Hub

A frank conversation with founder and CEO Mitchell Amador about where he optimized his startup’s locations from the perspective of regulations, taxes and human health. This in...

Immunefi founder and CEO Mitchell Amador speaking at VivaTech 2023.
Eric Adams (NYC Gov) and John Lee (Creative Commons)

What New York Can Learn From Hong Kong in Regulating Crypto

A small number of unelected individuals in Washington D.C. are exercising alarming authoritarian power as regulators, counter to the Big Apple’s stated desire to move from ant...

Eric Adams (NYC Gov) and John Lee (Creative Commons)
Yat Siu, co-founder and executive chairman of Animoca Brands. (Shutterstock/CoinDesk)

Don’t Overlook Tokyo and Hong Kong as Crypto Hot Spots

The two Far East financial hubs take a comprehensive approach to overseeing crypto, and are likely to attract businesses from around the world. They don’t appear on CoinDesk’s...

Yat Siu, co-founder and executive chairman of Animoca Brands. (Shutterstock/CoinDesk)

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