California Is the Most Cryptocurrency-Ready State in the United States

Eva Fox by Eva Fox September 19, 2021

California Is the Most Cryptocurrency-Ready State in the United States

Photo: Crypto Head

California is the most cryptocurrency-ready state in the United States, concluded new research. New Jersey and Texas are also among the states best positioned to accept cryptocurrencies.

California is the most crypto-ready state in the U.S., according to a new industry study by Crypto Head. This is largely due to the fact that its population is more interested in new technologies, so there is an increase in interest in digital assets. This is backed up by a huge number of installed cryptocurrency ATMs in the state.

The data shows that California achieved 5.72 points out of 10, which put the state in first place in the index. The overall score was 2.54 points higher than in the U.S. as a whole. Behind it is New Jersey, with a slight lag, with 5.44 points. Rapidly developing Texas entered the top three with 5.28 points. Other states that show the highest level of cryptocurrency adoption include Florida with 5.03 and New York with 4.29 points.

The index was calculated taking into account such indicators as Google searches, the availability of cryptocurrency ATMs, as well as the number of regulations related to cryptocurrencies. Although California does not have such regulations, the number of Google searches and the number of installed cryptocurrency ATMs put the state at the top of the index.

© 2021, Eva Fox | Tesmanian. All rights reserved.


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Article edited by @SmokeyShorts, you can follow him on Twitter

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