In 2024, the cryptocurrency market witnesses remarkable growth led by major cities worldwide. These are innovation hubs not only in blockchain technology but also in policy and investment, shaping trends for the entire industry.

1. Berlin, Germany

  • Highlight: Berlin strengthens its position as the leading European #crypto hub thanks to clearer tax regulations on staking and lending.

  • Event: Berlin Blockchain Week continues to attract developers and businesses.

  • Incentive: Profits from crypto are tax-free if held for over a year.

2. Singapore

  • Highlight: #Singapore expands regulatory sandbox, supporting startups in crypto assets and DeFi.

  • Policy: Licensing process simplified, strategically connecting East and West.

3. Dubai, UAE

  • Highlight: Dubai strengthens its position thanks to comprehensive regulations from the Virtual Assets Regulatory Authority (VARA).

  • Incentive: Zero tax policy, quick licensing process, and significant investment in major events like Token2049.

4. Tokyo, Japan

  • Highlight: Japan removes tax on unrealized gains for businesses, encouraging investment.

  • Strength: #Tokyo becomes a blockchain gaming and NFT hub thanks to modern technology infrastructure and government support.

5. Sydney, Australia

  • Highlight: Sydney hosts Aus Crypto Con 2024, showcasing industry innovations.

  • Potential: The government is studying a comprehensive legal framework for crypto products.

6. San Francisco, USA

  • Highlight: Silicon Valley continues to support Web3 projects and decentralized social platforms.

  • Event: Bluesky Social successfully raises 15 million USD, reflecting optimism about decentralized networks.

7. Miami, USA

  • Highlight: Miami maintains its appeal with major conferences like WAGMI Miami and Art Basel.

  • Strength: A platform for blockchain businesses and artists to thrive.

8. New York, USA

  • Highlight: New York tightens regulations but still supports blockchain innovation.

  • Highlight: Circle ($USDC ) moves headquarters to New York, reflecting market appeal.

9. Hong Kong

  • Highlight: Hong Kong intensifies investment attraction with a proposal for capital gains tax exemption for crypto.

  • Strength: Stable regulations with stablecoins and attractive policies for institutional investors.

Conclusion

From Europe, Asia to America, these cities are leading the game in the crypto industry. With government support, major events, and innovative communities, they are not only shaping the present but also paving the way for the future of the global cryptocurrency.