New data from K33 Research reveals that the cryptocurrency industry currently employs almost 190,000 people as of July 2023, which is a significant increase compared to pre-crypto frenzy employment statistics. The report shows that in 2021, there were almost 211,000 individuals employed in the crypto industry, with around one-third of them working at exchanges or brokerages.

The data also highlights that only 6% of individuals are engaged in the field of NFTs, whereas 21% contribute their skills to blockchain protocols, analytics, and mining operations. The research found that many major crypto companies have chosen jurisdictions with favorable regulations and lower tax rates as their headquarters, with Binance being an example of this.