futurewithcrypto.com
Despite the US being the most significant player in the crypto space, a state-by-state research shows that not all 50 states are equally ready for the inevitable widespread adoption of cryptocurrencies.
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Any jurisdiction may accept cryptocurrency sustainably with the help of infrastructure in addition to pro-crypto regulations.
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33,865 Bitcoin ATMs are located in the US, making up 87.1% of all cryptocurrency ATM installations globally.
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Additionally, the country contributes 37.8% of the world's Bitcoin hash rate, making the US the crypto industry's most powerful player.
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A state-by-state research, however, demonstrates that not all 50 states are equally ready for the inevitable adoption of mainstream cryptocurrencies.
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Florida was identified as the US's crypto capital by Invezz's research due to its vigorous participation in the industry.
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With 14.63 Bitcoin ATMs per 100,000 residents, Miami has one of the highest per-person Bitcoin ATM densities.
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It also has one of the highest per-capita cryptocurrency interest rates, with 210.28 Google searches for cryptocurrency-related topics.
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Florida scored the highest crypto-ready score, 9.35, followed closely by Texas and Illinois with ratings of 8.71 and 8.03, respectively.
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The only US state without any Bitcoin ATMs is Vermont, which is surprising. However, Texas makes up for it by having the greatest state-wide network of crypto ATMs with 4,101 machines.
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