US Loses Ground: Asia Tops Crypto Developer Share By Region – Report

Quick Summary:

A recent report revealed North America is losing ground to other regions in a key sector.

The continent, led by the US, was dethroned as the largest hub for crypto developers after recording a sharp decline in its developer’s share over the past decade.

Shen noted this data shows “an opportunity for job and wealth creation for policymakers.” Additionally, she stated that the lost ground in this sector is a “national security and innovation drain for the US,” suggesting that it should not be a partisan issue.

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Article Details

Author / Journalist: Rubmar Garcia

Category: Crypto

Markets: HungaryIndiaSingapore

Topics: Asia crypto US elections Crypto News Crypto developers Elizabeth Warren BTCUSDT Total Btc Crypto adoption Crypto Crypto development John Deaton US crypto crackdown

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 12:00:17 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 528 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23363901

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

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Publisher ID: #105

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