Crypto Hubs 2023

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.

NYC Mayor Eric Adams (Danny Nelson/CoinDesk)
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...
NYC Mayor Eric Adams (Danny Nelson/CoinDesk)

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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....
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