A recent study conducted by dappGambl has ranked the best cities for crypto investors based on various factors such as crypto laws, the number of crypto ATMs, crypto whales, crypto events, and online interest in the sector. Topping the list is San Francisco, USA, with a score of almost 90 out of 100. San Francisco is known as the technological capital of the world and provides an ideal landscape for crypto startups and investors.
Following closely behind is Toronto, Canada, which offers a high number of crypto ATMs, three crypto whales, and a significant online search volume in the sector. London, United Kingdom, takes the bronze medal and is also recognized as the top crypto city in Europe.
The ranking continues with Sydney, Paris, Singapore, Manila, Cape Town, Barcelona, and Bucharest making up the top 10 cities for crypto investors. Each city offers its unique advantages and opportunities for networking and investment in the crypto industry.
In terms of regulation, California has proposed a bill to limit daily withdrawals from crypto ATMs to $1000. The current situation in California has seen some ATMs offering withdrawal limits of up to $50,000 per day and high transaction fees. The new law aims to standardize these fees to $5 or a maximum of 15% of the transaction value.
Overall, these rankings provide valuable insights into the best cities for crypto investors to consider when looking to engage in the cryptocurrency market.
Hot Take: Ranking the Best Crypto Cities
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