Reported 2 months ago
The crypto landscape in New York is witnessing a rejuvenation, with a significant influx of crypto companies opening offices as the overall sentiment towards digital assets improves. This shift follows years of turmoil, regulatory challenges, and a prominent crypto bull market triggered by new financial products like Bitcoin ETFs. Notable figures in the industry anticipate that a potential change in the political landscape, especially with a more crypto-friendly administration, could further bolster this growth. Currently, over 130 crypto-related firms operate in New York, with a concentrated focus on decentralized finance and assets management.
Source: YAHOO