Cryptocurrencies have established a stronger foothold in global financial ecosystems, and cities worldwide are vying to be hubs for blockchain innovation and adoption.
There’s little doubt that the industry has progressed this year. From regulatory clarity to a thriving startup culture, here are nine cities that helped shape the crypto landscape in 2024.
1.Berlin, Germany
This year, Germany clarified tax rules for staking and lending, reducing uncertainty for retail and institutional investors. The city’s collaborative culture, bolstered by events like the Berlin Blockchain Week, attracts developers and entrepreneurs alike.
“Berlin is solidifying its place as Europe’s premier crypto hub for 2025,” Hannes Graah, founder of digital wallet Zeal,” told Decrypt. “With a deep-seated crypto culture and a vibrant developer community, the city is leading the charge in integrating blockchain into daily life.”
The tax on crypto gains aligns with the regular income tax rate, which can be as high as 45%, plus an additional 5.5% Solidarity Tax. However, if a user holds their crypto for at least a year, then their gains are tax-free.
2.Singapore
Singapore’s Monetary Authority (MAS) expanded its regulatory sandbox in 2024,…
