In response to the findings of a research by Recap, the crypto asset administration agency, the Nigerian metropolis of Lagos is ranked among the many world’s prime 20 crypto hub cities. Moreover Lagos, 5 extra African cities, particularly the Angolan metropolis of Luanda, Nigeria’s Ibadan, and three South African cities — Cape City, Johannesburg and Pretoria — characteristic among the many 50 top-ranked crypto hub cities.
Lagos Amongst Cities With Most Individuals ‘Working in Crypto-Primarily based Jobs’
In response to the findings of a current research by Recap, a crypto asset administration agency, the Nigerian metropolis of Lagos is the one African metropolis that options on its listing of prime 20 crypto hub cities. With a complete rating of 261.2 factors, Lagos is barely outranked by 13 main cities out of the over 200 “most populated cities on the planet” that had been surveyed.
As proven by the study findings, whereas town has one of many lowest figures for crypto-related occasions held or the variety of put in bitcoin automated teller machines (ATMs), it nonetheless boasts the very best (45%) proportion of crypto holders relative to the inhabitants measurement. As well as, the info exhibits that Lagos ranks amongst cities with the very best numbers of people “working in crypto-based jobs.” Solely London, Dubai, New York Metropolis, Singapore, Los Angeles, and Paris have extra individuals engaged on such crypto-related jobs.
Whereas Lagos — one among Africa’s most populous cities — is among the many prime 20 crypto hub cities, Ibadan, a metropolis in southwest Nigeria, is ranked twenty fourth on the planet and second in Africa. In response to the research information, Ibadan, whose crypto possession price is just like that of Lagos, has a complete rating of 235.8. This rating is over 10 factors greater than that of the subsequent highest-ranked African metropolis, Cape City (ranked 30).
Two extra South African cities, particularly Pretoria (42) and Johannesburg (46) additionally characteristic among the many listing of prime 50 crypto hub cities, whereas Angola’s Luanda (38) is the sixth African metropolis to characteristic on the listing.
In response to the research findings, London is the highest-ranked metropolis with a rating of 458.5, and is intently adopted by Dubai which scored 447.2. New York Metropolis (3) and Los Angeles (5) are the one U.S. cities that characteristic among the many ten top-ranked crypto hub cities whereas Singapore Metropolis (4) and Bangkok (10) are the one Asian cities on the listing.
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