Vancouver: A Boutique Hub for Crypto Early Adopters

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Despite its relatively small size, Vancouver, Canada punches above its weight when it comes to its attractiveness as a tech and crypto hub. It comes in No. 13 on CoinDesk’s inaugural CryptoHubs2023 ranking:

The only Canadian hub to make it into our final ranking, Vancouver had a strong showing in per-capita opportunity measures including crypto jobs, companies and events, as well as a particularly high score for quality of life, in our enabler category. But like its neighboring U.S., Canada’s crypto regulatory structure score was just middling, sitting at three of a maximum score of five. The regulatory criteria, part of the drivers category, is the most heavily weighted at 35% of the total score.

Not only is the City of Glass one of the world’s most livable cities, but also a hotspot for early crypto adoption. It is home to the world’s first bitcoin ATM, installed in 2013 by, as well as CryptoKitties developer Dapper Labs and some miners, including Hive Blockchain .

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

“Sam Bankman-Fried really hurt the industry” — Anthony Scaramucci'Now the pendulum has swung too far to over-regulation in this ridiculous prosecutorial oversight,' commented Scaramucci on the collapse of FTX.
Source: Cointelegraph - 🏆 562. / 51 Read more »

SBF loses bid to toss criminal charges, and Mastercard introduces token network: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Raj Dhamodharan, Mastercard's head of crypto and blockchain, explains the company's new Multi-Token Network and what the firm is trying to achieve by launching products and solutions focused on blockchain technology.
Source: CNBC - 🏆 12. / 72 Read more »