Points 2021: 15 most encrypted cities in the world

From the names of the Coinbase cryptocurrency exchange to using El Salvador's Bitcoin as a lucrative business, the cryptocurrency industry is completing the transformation of the digital and real world by 2021. The crypto community is ready to embrace a decentralized world, the real world is very important. After all, no one can stay on the blockchain.

That is why this article includes the names of the most cryptocurrency cities in the world. These 15 cities are developing technologies, cultures and policies that integrate encryption into our daily lives. They were chosen not only because they were the best place to live, but also because they had a huge impact on the crypto industry.

15. London, England

London, as a European financial institution, has long benefited from the attraction of cryptocurrency innovators. Blockchaincom, the leading issuer of Bitcoin wallets, has taken up residence in London, along with new companies such as the Ethereum Silver wallet and venture capital manager Copper.

The city also played a key role in hosting the second Devcon, the biggest event for Ethereum in 2015.

However, its impact has disappeared. Crypto-cautious British Financial Supervisory Service (FCA) warns the Binance cryptocurrency exchange not to provide services in the UK, urges cryptocurrency investors to "plan ahead to lose all their money ". In the UK and EU, some crypto companies appear to be abandoning London and starting operations in Europe elsewhere.

14. Cheyenne, Wyoming, United States

Wyoming went bankrupt because New York State was unhappy with how to deal with crypto companies and establish governance. The state capital, the Cheyenne State Legislature, has worked with cryptocurrency companies to develop awareness of blockchain technology and cryptocurrency policies.

Today, crypto companies such as Kraken and Avanti are based in Wyoming.

13. Lagos, Nigeria

Nigeria's capital, Abuya, has always been a zero-sum region for people opposed to central bank monetary policy and cryptocurrency regulation, but the former capital of Lagos is the largest financial center and the largest city in Africa. More and more people are using cryptocurrencies. This year, Nigeria ranked second in the world after the United States on the African cryptocurrency peer-to-peer trading list.

12. Tel Aviv, Israel

Tel Aviv is Israel's premier tech hub and startup hotspot, with higher per capita incomes than any other city outside of California. Blockchain technology is no exception. The city of more than 432,000 people is home to 90 of Israel's 150 blockchain companies. Coinbase acquired Unbound Security, a Tel Aviv-based company that uses new technology to store cryptocurrencies in November 2021. In February of this year, Bitcoin network lender Celsius opened an office in Tel Aviv.

11. Zug, Switzerland

Zug was almost taken off the list due to serious problems. It wasn't big enough to be a city. However, this Swiss city of 30,000 inhabitants is the seat of the Ethereum Foundation, which helped bring this cryptocurrency to a market value of nearly 500 billion US dollars.

Known as "Crypto Valley", Zug has developed a more user-friendly management platform for the crypto industry and also favors Ethereum competitors Tezos, Dfinity, Bancor and Cardano. As of this year, these companies can still pay their taxes in cryptocurrency.

10. Singapore

Singapore is the financial capital of Asia. Singapore's position in the cryptocurrency world has grown due to China's cryptocurrency violation and unclear cryptocurrency regulations in Hong Kong. Coinbase and Binance, the world's largest cryptocurrency exchange, seek approval from the Monetary Authority of Singapore.

Without them, the country would have loved many cryptocurrency companies, including Nansen and Footprint trading data, the Cryptocom cryptocurrency exchange, and the DeFi Kyber Network protocol.

9. Berlin, Germany

In early 2013, the Berlin-Kreuzberg region market was famous for Bitcoin payments, and Berlin was home to the largest number of companies in the world accepting cryptocurrencies. . At the same time, Berlin's position in the ETHereum domain is almost identical, and it was the site of the first Devcon (2014), and has since become Europe's hottest hackathon with ETHberlin.

There are at least 15 crypto companies in Berlin today, including Centrifuge and Gnosis.

8. Toronto, Canada

The Toronto-based Ontario Securities Commission has approved several crypto ETFs this year and is available for trading on the Toronto Stock Exchange (ETFs include a mix of Bitcoin, Ethereum, and cryptocurrencies) . Bitcoin ETFs have yet to enter the United States in southern Canada, but Toronto may be aware of its cryptocurrency exchange.

It is the birthplace of Ethereum founder Vitalik Buterin and co-founder Joseph Lubin, who created the software development and investment company Web3 ConsenSys.

7. Lisbon, Portugal

Portugal is one of the few countries that does not restrict the taxable investment of cryptocurrency. In other words, cryptocurrency enthusiasts can relax in Lisbon.

This fall, members of the Ethereum community and the Solana group came to the beaches of Lisbon to participate in the ETHlisbon and Solana Breakpoint events. With London slowing down and Portugal's enthusiastic attitude towards financial reform, Lisbon isn't just attracting parties and hackathons in the future.

6. United States, New York

Early in Bitcoin's development, New York's overly strict process, BitLicense, kicked out crypto companies like ShapeShift and Kraken. However, New York's next mayor, Eric Adams, is working hard to attract and retain cryptocurrency companies. Adams promised to use Bitcoin to get his first three salaries, so Miami member Francis Suarez broke his promise to use Bitcoin to get his salary.

The combination of Wall Street and financial technology has led to crypto companies like Galaxy Digital, Gemini, Paxos, Greyscale, ConsenSys, and OpenSea to emerge.

5. Salvador

Since Bitcoin was announced as an executive order in the second half of this year, Salvadoran President Nayib Bukele has become one of Bitcoin's most powerful and enthusiastic supporters.

Buckler also promised me Bitcoin using renewable energy (from volcanoes). Green mining is not yet popular, but the movement in El Salvador has led other Latin American countries to battle rising inflation and negative foreign currencies to decide whether to accept Bitcoin as their profit at home.

4. Miami, United States

Miami Mayor Francis Suarez helped organize this year's Bitcoin 2021 conference, with nearly 15,000 people in attendance.

Suarez has also put cryptocurrency at the heart of his process, allowing people to pay with bitcoin, advocating for adding crypto to city coffers, and of course, encouraging crypto companies to tackle problems.

In June 2021, Bitcoin wallet operator Blockchaincom announced that it would be moving its US headquarters from New York to Miami. At the same time, the FTX cryptocurrency derivatives exchange has spent tens of millions of dollars to secure NBA Miami Heat Stadium titles. Suarez's welcome to Bitcoin has led many crypto companies to decide to set up their headquarters there.

3. Beijing, China

Beijing may not be the most popular city for cryptocurrency enthusiasts, but few cities could have a big impact on the cryptocurrency industry.

This year, China banned the cryptocurrency industry, especially when it comes to mining restrictions. However, China has been successful in exploring the digital renminbi, and the success of large-scale digital renminbi experiments could affect other countries in exploring central bank digital currencies.

2. Washington DC, United States

The cryptocurrency market is often volatile due to legal and regulatory gossip in Washington, DC.

According to the administration of the Gary Gary Gary, the US safety and social media business trading strict. He believed that the Deffi sector is full of safer sites that are not registered, and complaints are threatening the largest company in encryption industry. Bass bass.

However, a bit bubble admin and CynTynthia Lummis, can shake the decision to determine the same doctor as between the coins.

1. San Francisco, United States

Kraken, OKCoin, and Robinhood have all had big footprints here. Coinbase executives are still based in San Francisco. San Francisco is not only the home of Google, but also the home of Brave, the crypto search engine that will transform it.

Do you want to get paid? You can see A16z (Andreessen Horowitz) and Y Combinator here.

Overall, San Francisco is still the center of the global blockchain.