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Silicon Valley was the second-highest ranked U.S. hub in CoinDesk’s Crypto Hubs 2023. A number of of the eight standards had been measured on a nationwide foundation, so all of the U.S. hubs had been hampered by a middling crypto regulatory rating, a drivers standards, which at 35% was essentially the most closely weighted general. This poor efficiency was partially offset by the U.S.’s excessive crypto adoption rating, one other drivers criterion, represented 10% of the general rating. Among the many U.S. hubs, Silicon Valley typically trailed Wyoming only a hair in alternatives, which relies on per-capita fee of crypto jobs, corporations and occasions. On account of its excessive price of residing, Silicon Valley suffered from a decrease high quality of life rating, weighted 15% and a measure throughout the enabler class. However the coastal Silicon Valley space had the higher hand in different enabler measures together with digital infrastructure and ease of doing enterprise.
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