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.

Read Our Expat Guide Living in Dubai, UAE

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