Researchers found that despite China’s hostile stance on the industry, it surprisingly stands as the second-largest crypto employer in Asia.
Highlights
- Nearly 190,000 employees in the crypto industry as of July 2023, new data from K33 Research shows.
- This represents a notable increase when compared to employment statistics prior to the crypto frenzy that began in 2020.
- Around one-third of the crypto workforce is at exchanges or brokerages, emphasizing their crucial role within the industry.
- Only 6% of individuals are engaged in the field of NFTs, whereas 21% contribute their skills to blockchain protocols, analytics and mining operations.
- In Asia, India emerged as the leading employer in the industry, with 20% of the regional workforce leaning towards developer-related roles, according to the report.
Read the original article
Retailers buying more bitcoin than miners can supply