Singapore directs the world in employment possibilities of cryptocurrency per capita, according to the Legalbison study.
Research, which analyzed Glassdoor’s lists, found that Singapore offers 68.68 Crypto roles per million citizens.
This positions the city-state as a leader in cryptographic innovation, driven by its solid regulatory environment and more than 700 Web3 companies.
Luxembourg ranks second with 37.82 cryptography stations per million residents.
The European financial center attracts digital currency such as Bitstamp, Bitflyer and Bitpanda, due to its friendly commercial climate.
The economy and the status of Luxembourg, as the second investment fund center, support a flourishing cryptographic labor market.
Hong Kong, despite the regulatory challenges, occupies the third position with 28.45 jobs per million people.
Its strategic location continues to attract cryptographic companies aimed at a foot in Asia, the study said.
The United Arab Emirates (water) follow in fourth place, offering 14.74 crypto jobs per million inhabitants, motivated by Dubai’s ambition to become a cryptographic hub.
Switzerland, which houses the “crypto valley” of Zug, ranks fifth with 9.5 positions per million. Ireland, in sixth place, provides 9.29 cryptographic jobs per million citizens, benefiting from large technological companies operating blockchain projects.
Bahrain, in seventh row, offers 8.38 jobs per million, aimed at being a fintech leader with friendly policies.
The Netherlands, Portugal and Greece complete the first ten, with 6.44, 6.33 and 5.89 jobs per million, respectively.
Commenting on the conclusions, the co-founder of Legalbison, Aaron Glauberman, said: “Statistics show a clear link between regulations and the creation of cryptocurrency jobs. Countries that have established clear executives for cryptographic companies generally show a higher number of employment possibilities.
“The high density of work in places like Singapore, Luxembourg and Hong Kong reflects both the government’s support and the existing financial infrastructures. As the industry matures, we see an increasing demand for expertise in the navigation of complex regulatory frameworks in different countries. ”
