By PAUL O’DONOGHUE, Senior Correspondent
SINGAPORE has the highest number of cryptocurrency jobs in the world per head of population, according to new research by crypto licensing firm LegalBison.
The study analyzed job listings on Glassdoor and ranked countries by the number of crypto jobs per million residents.
Singapore topped the list with 68.68 roles per million people — far ahead of other nations.
“The city-state has long had a commitment to innovation,” said LegalBison. The firm said Singapore’s “clear crypto regulations” attract many major crypto firms. “In Q2 2024 alone, $1 billion worth of crypto payments were processed,” the firm said.
Luxembourg placed second with 37.82 jobs per million. The European financial centre is home to firms such as Bitstamp, BitFlyer and BitPanda. It also ranks as the world’s second-largest hub for investment funds, helping create strong demand for crypto talent.
Hong Kong followed in third with 28.45 jobs per million. While it has faced regulatory questions in recent years, the region remains a key base for firms targeting the Asian market.
The full ranking is as follows:
Rank Country Crypto Jobs Per 1m 1 Singapore 68.68 2 Luxembourg 37.82 3 Hong Kong 28.45 4 United Arab Emirates 14.74 5 Switzerland 9.50 6 Ireland 9.29 7 Bahrain 8.38 8 Netherlands 6.44 9 Portugal 6.33 10 Greece 5.89
The United Arab Emirates and Switzerland rounded out the top five.
Crypto jobs rankings
Ireland was sixth with 9.29 roles per million. LegalBison attributed this to the country’s “favorable business conditions”.
Bahrain took seventh place with 8.38 jobs per million, helped by crypto-friendly rules and a push to become a fintech centre.
The Netherlands (6.44), Portugal (6.33) and Greece (5.89) completed the top 10. “The strong European presence shows the continent’s rising significance in the crypto job landscape,” LegalBison said.
Aaron Glauberman, co-founder at LegalBison, said: “The statistics show a clear link between regulations and cryptocurrency job creation. Countries that have established clear frameworks for crypto businesses typically show higher numbers of employment opportunities.”
He added that high job density in places like Singapore, Luxembourg and Hong Kong reflects “both government support and existing financial infrastructure”. He said there is growing demand for professionals who understand different regulatory environments.
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