Where crypto careers are thriving: Top global hotspots

A new study reveals Singapore as the world leader for cryptocurrency job opportunities when measured against population size.

The research by LegalBison, specialists in crypto licensing, examined crypto position listings from Glassdoor across different nations worldwide. The nations were ranked from highest to lowest crypto job listings per million people.

Top 10 countries with the most crypto job opportunities

Singapore far outpaces its rivals in the sector. The Asian financial powerhouse provides 68.68 crypto roles per million citizens. The city-state has long committed 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.

Luxembourg secured second place with 37.82 crypto positions per million residents. The tiny European finance centre has built a receptive climate for digital currency firms looking to establish continental headquarters, like Bitstamp, BitFlyer, and BitPanda. With a strong economy and the world’s second-largest investment fund centre, it creates a vibrant community of crypto opportunities for job seekers.

Hong Kong took third spot with 28.45 jobs per million people. Though faced with regulatory questions in past years, the region still draws crypto companies seeking to gain footing in the Asian market.

The United Arab Emirates landed fourth with 14.74 crypto jobs per million inhabitants. Dubai’s push to establish itself as a crypto destination creates real job market results.

Switzerland came fifth with 9.50 positions per million. The nation’s status as home to Zug’s “Crypto Valley” continues driving employment in the digital asset field.

Ireland reached sixth place with 9.29 crypto jobs per million citizens. The nation has attracted large tech firms with favourable business conditions, with many running blockchain operations from Irish locations.

Bahrain appeared in seventh place with 8.38 jobs per million. The Middle Eastern nation has worked to position itself as a fintech destination with crypto-friendly rules.

Rounding out the top ten are the Netherlands with 6.44 jobs per million, Portugal with 6.33, and Greece with 5.89. The strong European presence shows the continent’s rising significance in the crypto job landscape.

Aaron Glauberman, Co-Founder at LegalBison, commented on the findings: “The statistics show 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. 

“The high job density in places like Singapore, Luxembourg, and Hong Kong reflects 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.”