The fourth edition of a Coinbase study series emphasising crypto innovation at the state level in the United States, which highlights New York, was just published.
The report highlighted the state’s numerous crypto adoption milestones.
According to the data, 19% of New York citizens who participated in the study possess cryptocurrency.
Furthermore, one in every three New Yorkers believed that cryptocurrency made the financial system more equitable and defined it as a “worthwhile investment for the future.”
According to the Coinbase research, as New York residents continue to embrace the concept of cryptocurrency, the state is becoming a home for blockchain-centered projects.
According to the research, New York state is home to 692 blockchain organisations and over 800 founders.