San Francisco is becoming a hub for cryptocurrency adoption, with numerous businesses and over 400 crypto ATMs in the city. It is home to various blockchain and crypto companies, including Ripple Labs, Chainlink Labs, and Robinhood Markets. The city has a history of embracing cryptocurrency, hosting meetups and conferences since the early days of Bitcoin. San Francisco also has crypto-friendly banks and was the location of Nakamoto Electronics, one of the earliest retail establishments to accept Bitcoin. While the US leads in crypto banking, Canada is also making progress with several crypto banks. The CEO of Panterra Finance highlights the need for regulatory clarity to support the growth and competitiveness of the crypto banking landscape in North America. Other cities, such as Dallas, New York, Detroit, and San Diego, are also becoming more crypto-friendly. Despite competition from the AI sector, the crypto community in San Francisco continues to thrive.



Other News from Today