30 Jul 2023
The U.K. accounts for 1/3 of crypto employment in Europe
In Europe, the United Kingdom sees nearly a third of all crypto employment, while EU majors France, Germany, Spain, and Italy represent a further 23% of European crypto employment.
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In Europe, the United Kingdom sees nearly a third of all crypto employment, while EU majors France, Germany, Spain, and Italy represent a further 23% of European crypto employment. Further employment is scattered throughout the continent, with a distinct presence in Ireland and Switzerland caused by low taxes and crypto-friendly regulations. The U.K. dominance has multiple natural explanations. Traditionally, London and the U.K., in extension, have been the European Financial powerhouse. The crypto dominance follows as a natural progression, in particular on the institutional side.
