Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Only Nigeria in Africa Ranks Among the Top 15 World Crypto Hubs

Published 02/05/2023, 06:36 AM
Updated 02/05/2023, 07:30 AM
Only Nigeria in Africa Ranks Among the Top 15 World Crypto Hubs

Only Nigeria in Africa Ranks Among the Top 15 World Crypto Hubs

  • Recap ranked London with the greatest crypto-readiness to attract firms and startups.
  • The indicators include crypto-related jobs, BTC ATM count, and crypto ownership.
  • Only one African city, Lagos, appeared in the ranking of the top 20.

The world’s most private crypto tracker, Recap, recently published a list of the top 50 major cities with infrastructures to experience mass adoption of cryptocurrencies. Based on eight data points, London has the greatest crypto-readiness to attract firms and startups.

The eight indicators include crypto-specific events, people working in crypto-related jobs, crypto companies, the number of crypto ATMs, and crypto ownership in each country. While London outranked famous municipalities such as Dubai, Singapore, and New York City, only one African city, Lagos, appeared in the ranking of the top 20.

Lagos, a city in Nigeria, the most populous country in Africa, has 779 people working in crypto-related jobs and 112 crypto firms. On the other hand, London has 2,173 people working in crypto-based employment, representing the highest number of people working in the Web3 industry compared to anywhere else.

Dubai…

The post Only Nigeria in Africa Ranks Among the Top 15 World Crypto Hubs appeared first on Coin Edition.

See original on CoinEdition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.