The regulatory and safety concerns kept the global crypto market highly volatile in 2023. This made 2023 the slowest year for crypto since 2019. The number of job openings in the Web3 sector also registered ups and downs last year – where opportunities did diversify on the global level but saw a reported decline of over 15 percent. In conversation with Gadgets360, Unocoin’s Sathvik Vishwanath said that the talent demand-supply dynamic of the crypto industry has diversified and moved beyond classic developer roles in the last one year.
More established firms started small experiments with Web3 in 2023 after the regulatory landscape took some shape on an international level. Under India’s presidency, the G20 nations adopted a roadmap to regulate the crypto sector that is gradually making inroads into the industry. European Union’s MiCA regulation, meanwhile, has also started to attract players from the Web3 industry to set shops within its jurisdiction.
As sector regulations begin taking shape globally, more Web3 and crypto-related jobs found their way onto search portals.
Bitcoin-Accepting Businesses Rose by Over 170 Percent in 2023: Report
