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Crypto Hubs 2023: Where to Live Freely and Work Smart

With shifting regulatory regimes worldwide, crypto is on the move to find the best locales to put down roots, get licensed, register or just be. Crypto Hubs 2023, our ranking of the top 15 global crypto hubs, is a good place to start.

illustration of a globe with crypto symbols

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Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’

The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract.

Coinmint's 10-megawatt facility in Skyway Plaza. (CoinDesk/Fran Velasquez)

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Bitcoin Mining Controversy and the Case of Greenidge Generation

Greenidge Generation, a bitcoin mining operation in upstate New York, has found itself at the center of state and national debates about the impact crypto mining firms have on the environment and their local communities. But locals who live near the facility say they’ve been cut out of the conversation, and the broader debate ignores the role Greenidge plays in their lives. CoinDesk reporters traveled to the towns immediately adjacent to the mining operation to understand the views on the ground.

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Coin Cafe Ordered By New York AG to Pay Back $4.3M in Fraudulent Fees

The New York Attorney General’s office said it reached an agreement for the trading platform to return fees to investors it overcharged and misled.

New York Attorney General Letitia James (Monica Schipper/Getty Images)

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New York Attorney General Seeks New Crypto Powers for State Regulators

The bill would follow legal suits pursued by Letitia James against companies like Celsius, CoinEx and Nexo.

New York Attorney General Letitia James (Michael M. Santiago/Getty Images)

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Blockchain Association Leaves New York as Federal Regulatory Fight Looms

The advocacy group will refocus its efforts on petitioning regulators and officials in Washington, D.C. 

U.S. Capitol building in Washington D.C.(Andy Feliciotti/Unsplash)

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Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State

N.Y. Attorney General Letitia James said Mashinsky misled investors about the health of the now-bankrupt crypto lender.

Alex Mashinsky (CoinDesk)

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NY Financial Regulator Adopts Virtual Currency Assessment Rule

The regulation affects only companies with a state-issued BitLicense.

NYDFS Superintendent Adrienne Harris in conversation with Chainalysis co-founder Jonathan Levin at Links 2022. (Cheyenne Ligon/CoinDesk)

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U.S. Bitcoin Corp. Settles With Niagara Falls City to Resume Bitcoin Mining

The firm is currently trying to complete a merger with Canadian Hut 8 Mining.

U.S. Bitcoin Corp's Buffalo Ave. site (Eliza Gkritsi/CoinDesk)

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NYDFS Chief Dismisses 'Choke Point 2.0' Theory of Signature’s Closure as 'Ludicrous'

Adrienne Harris, the superintendent of the New York Department of Financial Services, said the decision to close the bank was instead due to a “new-fashioned bank run.”

Superintendent Adrienne Harris (NYDFS)