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ReadersSpeak
Do you transact in a having the lowest interest in cryptocurrency of any state
crypto-unfriendly state? with a crypto search score of 40 out of 100. Additionally,
there are a limited number of cryptocurrency ATMs in the
ee Beardsley, a team mem- state, with roughly six bitcoin ATMs per 100,000 people.
ber at Journalist Research There are also 2 crypto-friendly businesses per 10,000
Co., relayed conclusions total in the state and 22 crypto job listings per 100,000.
L from a study conducted on
the status of cryptocurrency in the United States, state by Coming in third place is Wyoming, which has a low
state: four bitcoin ATMs per 100,000 people, 2 crypto-friendly
businesses per 10,000, nine job listings in crypto from
"Vermont is America’s least crypto-friendly state, new 100,000 total, and a crypto search score of 60 out of 100,
research shows," Beardsley wrote. "Personal finance indicating an interest in cryptocurrency despite the lack
experts at DollarGeek, www.dollargeek.com, analyzed of facilities for it."
various factors relating to the availability and popularity
of cryptocurrency in each state, including the number The most friendly states for cryptocurrency, according
of cryptocurrency ATMs, crypto-friendly businesses, to DollarGeek, are Nevada, New Jersey and California,
searches for crypto-related terms, and crypto job listings. respectively taking the first, second and third spots.
Changes in crypto-acceptance attitudes?
"They found that Vermont is the least crypto-friendly state
in the country, with the state having zero cryptocurrency Has the implosion of FTX caused your merchants to be
ATMs and zero job listings in crypto at the time of the study. leery of accepting cryptocurrency at the POS? What other
Despite the state having a fair share of crypto-friendly headline-grabbing news has affected your client base
businesses, with roughly 39 per 100,000 total, low search this year? Has the result been negative or positive for
levels for terms relating to cryptocurrency means that the your business? Share your thoughts on these questions
state takes the top spot as the least crypto-friendly state. and/or tell us about developments in payments of most
"West Virginia takes the number two spot, with the state importance to you at greensheet@greensheet.com.