Media: UK ranked second in the world for the number of crypto job vacancies

The United States ranks first with 3893 crypto vacancies, while England has 954 and Canada has 386

24.04.2022 - 08:00

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What’s new? The UK ranked second in the world for the number of crypto job vacancies. According to a City A.M. report, most of the cryptocurrency-related jobs are concentrated in London. The first place in this field is occupied by the US with 3893 vacancies, while the UK has 954 and Canada has 386.

City A.M.’s report

What else does the report say? The cities of Leeds, Bristol, Cambridge, Glasgow, Belfast, Birmingham, Liverpool, and Manchester are also thriving blockchain hubs, according to data from the jobs website Glassdoor. In the US, most of the jobs in the field of cryptocurrencies are concentrated in New York, San Francisco, Los Angeles, Chicago, and Boston.

The most in-demand skills in the field of digital assets in the UK have become engineering, project management, IT, marketing, and accounting. The fourth highest number of crypto vacancies was in Australia, with 236 jobs.

What had happened before? The UK’s Ministry of Finance allowed the possibility of the recognition of stablecoins as a means of payment. The country’s head of the Treasury Rishi Sunak argues that stablecoins could become a more efficient payment tool and widen consumer choice.

The UK’s government also intends to issue its own NFT. The Ministry of Finance instructed the Royal Mint to create and issue its own non-fungible token by the summer of 2022.

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