Where Are The Top Crypto Hiring Hotspots?
The crypto market continues to experience growth and further inroads into the mainstream. Which financial centers are hiring the most talent for the industry?
Singapore held the top spot for the most crypto jobs at 68.7 positions per million residents, according to a report by LegalBison, a specialist in crypto licensing.
«The city-state has long had a commitment to innovation and is home to over 700 Web3 companies, creating many crypto opportunities. Singapore's clear crypto regulations attract many major crypto firms, and in Q2 2024 alone, $1 billion worth of crypto payments were processed,» the report said.
Regulations and Crypto Job Creation
Singapore far outpaced its rivals in crypto jobs, more than doubling runner-up Luxembourg which had 37.8 positions per million residents. This was followed by Hong Kong (28.5), United Arab Emirates (14.7) and Switzerland (9.5). According to LegalBison co-founder Aaron Glauberman, there is a clear link between regulations and cryptocurrency job creation.
«Countries that have established clear frameworks for crypto businesses typically show higher numbers of employment opportunities,» he said on the findings. «The high job density in places like Singapore, Luxembourg, and Hong Kong reflects both government support and existing financial infrastructure. As the industry matures, we're seeing growing demand for expertise in navigating complex regulatory frameworks across different countries.»
The research report was based on the examination of crypto position listings across the world from Glassdoor, an American website that collects anonymous employee reviews on companies.
