Recap conducted a study to identify global cryptocurrency hubs. They ranked global cities using eight key indicators. London ranks first, Dubai and New York rank second and third, and Hong Kong ranks seventh.
There are five indicators directly related to cryptocurrencies: ▪️ Total amount of cryptocurrency activity ▪️ Cryptocurrency jobs ▪️ Cryptocurrency companies ▪️ Number of cryptocurrency ATMs ▪️ Cryptocurrency ownership per country
Three general indicators: ▪️ Quality of life ▪️ R&D spending as a percentage of GDP ▪️ Capital gains tax