Texas has a plan to become the Silicon Valley of the crypto world. Silicon Valley is considered the traditional birthplace of all new technology startups. Many crypto startups were also born in Silicon Valley. However, many companies are moving their operations to Texas and Dubai as it has become too expensive to run a company there.
Texas Attracts Tech Startups
Promising tech startups prefer to be based in Texas lately. Coinsource, the world's largest cryptocurrency operator, is headquartered in Dallas, Texas. Crypto startup Zabo, which was acquired by Coinbase, was also launched in Dallas.