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Dubai is World’s Second Most Crypto-Ready City in 2023

Dubai is the second most crypto-ready city in the world, according to a report by cryptocurrency asset management specialist Recap.

Dubai-  The Second Most Crypto-Ready City in The World

Dubai is the second-best global hub for cryptocurrency investment, with 772 crypto-based companies and a welcoming business environment that attracts overseas investors.

The UAE city also scored well in Recap’s quality of life rankings.

Dubai is second in becoming a leading center for cryptocurrency and blockchain, with new laws for crypto exchanges to operate and 772 crypto-based companies. Two-thirds of UAE adults are interested in cryptocurrency, and Dubai's low tax and high quality of life (score of 175.84) appeals to crypto investors, including 200,000 Britons.

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