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<ol> 
 <li>The US has almost a third of all crypto workforce in the world with 53,600 employees.</li> 
 <li>This is due to top exchanges based in the US alongside Silicon Valley and New York hubs.</li> 
 <li>A new bill was submitted today in an attempt to regulate crypto in the US and is pending review.</li> 
</ol> 
<p>The US contains almost a third of all crypto employees around the world, according to data published by K33 Research. To be exact, the figure is around 53,600 employees, or around 29%.</p> 
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   <p lang="en" dir="ltr">Everything’s bigger in the U.S. – also crypto.<br><br>29% of crypto workers reside in the U.S., an exceptionally high number considering the 2nd largest country having four times less crypto workers.<br><br>Read more on the U.S. crypto dominance in this article:<a href="https://t.co/o6r0XMmEOP" rel="noopener noreferrer nofollow">https://t.co/o6r0XMmEOP</a> <a href="https://t.co/dPG7w5sh9F" rel="noopener noreferrer nofollow">pic.twitter.com/dPG7w5sh9F</a></p>— K33 Research (@K33Research) <a href="https://twitter.com/K33Research/status/1681600515560415232?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 19, 2023</a> 
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<p>What is more, the second-largest North American country in terms of crypto workforce is Canada with only 5,000 employees. This is only a tenth of the employees in the US.&nbsp;</p> 
<p>The major reason for the significant saturation of crypto employees in the US is that some of the largest crypto exchanges are based in the said country. Namely, these are Binance US, Coinbase, Kraken, and Gemini. Other crypto firms in the US are based from Silicon Valley and New York hubs.</p> 
<p>K33 Research, formerly Arcane Research, claimed the reason for this is that America still dominates the world in the capital markets frontier.</p> 
<p>While the crypto industry is still largely unregulated in the US, initiatives are being pushed forward to cater to the burgeoning market. Specifically, several congressmen have <a href="https://cryptonewsland.com/crypto-fans-show-support-over-new-crypto-regulation-bill-filed-in-congress/" rel="noopener noreferrer nofollow">filed a bill today</a> to regulate the digital asset space in the US, with the help of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). This bill is now pending for review next week.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also :</h4> 
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 <li><a href="https://cryptonewsland.com/kraken-gives-up-on-america-now-plans-to-launch-its-own-bank/" rel="noopener noreferrer nofollow">Kraken Gives Up on America, Now Plans To Launch Its Own Bank</a></li> 
 <li><a href="https://cryptonewsland.com/coinbase-ceos-response-to-employee-rant-backfires/" rel="noopener noreferrer nofollow">Coinbase CEO’s Response to Employee Rant Backfires</a></li> 
 <li><a href="https://cryptonewsland.com/binance-fires-1000-employees-amid-continuing-regulatory-pressure/" rel="noopener noreferrer nofollow">Binance Fires 1,000 Employees Amid Continuing Regulatory Pressure</a></li> 
 <li><a href="https://cryptonewsland.com/coinbase-users-sell-4-7b-usdc-after-kraken-staking-shutdown/" rel="noopener noreferrer nofollow">Coinbase Users Sell $4.7B USDC After Kraken Staking Shutdown</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/majority-of-all-crypto-workers-are-in-the-us-research/">Majority of All Crypto Workers Are in the US: Research</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Majority of All Crypto Workers Are in the US: Research

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