A recent survey has uncovered interesting insights into crypto-readiness among US states. The research conducted by Invezz found that Florida is the most prepared for the adoption of digital currency, and Arizona is number 6.
Invezz evaluated the availability of crypto ATMs, their accessibility, and the presence of blockchain companies. The results are available here https://invezz.com/news/2022/11/02/us-crypto-report/
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Key findings:
• Vermont is the only state without Bitcoin ATMs.
• Wyoming has the most blockchain companies per 100,000 people, with over 20. California is the leader with 2,670.
• California has the highest annual cryptocurrency search rate per 1,000 persons, with 236.
• Rhode Island has the most Bitcoin ATMs per 100,000 and the most crypto ATMs/sq mile, with an average of 165 per 1,000 sq. miles.
• Texas has the most comprehensive Bitcoin ATMs, with 4,101.
• 9 states have no capital gains tax at the state level, which could mean higher returns for crypto investors.
• New York has the most comprehensive crypto-related laws, with 19 bills passed.
