Jurisdictions Compete to Become Next-Gen Crypto Finance Hubs

There is a competition underway between jurisdictions to become the top hub for the next generation of tokenized, decentralized finance. Contenders include established hubs like London and New York as well as challengers like Dubai, Singapore, and Bermuda.

Jurisdictions are evaluated on 4 key criteria regulatory effectiveness, depth of founder talent pool, market size, and capital market strength. Dubai, Singapore, and Bermuda stand out for their regulatory innovations.

While the U.S. currently leads in founder talent and access to capital, challengers like Dubai and Singapore are emerging as scale-up destinations, which could shift the landscape over time.

Market size advantages larger jurisdictions like the U.S. and EU, but smaller places can still compete, especially for institutional clients or overseas customers.

Rather than one winner, different jurisdictions may emerge as leaders in certain areas – like Bermuda for stablecoins or Dubai for institutional trading. But the global financial map could look very different soon.