Survey Discovers Lisbon as the Most Promising Crypto Hub

Greenfield, an early-stage crypto investment company, has declared Lisbon, regulated by the Markets in Crypto-Assets bill, as the world’s most important crypto city. Paris was declared as the most recent go-to European crypto city, followed by New York and Berlin. Respondents to a survey by Greenfield credited Lisbon’s favourable tax laws and thriving DeFi scene, along with the outflow of crypto talent, as the key reasons for its top spot. The survey revealed that the clarity of the recently-passed Markets in Crypto-Assets bill was more important than any restrictions. The university sector across the UK, Ireland, and Spain has also started to recognise the significance of crypto education. Stablecoin issuer, Circle, has also opened offices in Paris, and Binance has a substantial physical presence in the region.