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Blockchain needs regulation, scalability to close AI hiring gap

The emerging blockchain industry lags behind the artificial intelligence sector in terms of job creation, but this hiring gap may narrow by 2030.

Blockchain remains one of the smallest sectors in the tech industry, with about 300,000 global jobs, compared to 1.5 million in AI and machine learning and 25 million in software development, according to a new Bitget Research report shared with Cointelegraph.

The blockchain sector added around 20,000 new jobs in 2024, according to job listings aggregated from platforms like LinkedIn, Web3 Jobs and Crypto Job List.

Blockchain needs regulation, scalability to close AI hiring gap
Total workforce in tech industry. Source: Bitget Research

While blockchain-based jobs had an average compound annual growth rate (CAGR) of 45%, outpacing most traditional tech sectors, it trails the AI industry’s 57% CAGR, according to the report.

The AI industry’s maturity and larger share of venture capital investment are the main reasons behind the hiring discrepancy, Vugar Usi Zade, chief operating officer of Bitget exchange, told Cointelegraph:

“Venture investors put more than $100 billion into AI startups in 2024, with AI-centric titles topping a million vacancies worldwide,” Usi Zade said. “Blockchain companies, meanwhile, advertise barely 20,000 openings and drew only about $5.4 billion in new funding during the same period.”

Blockchain needs regulation, scalability to close AI hiring gap
Regional blockchain market distribution. Source: Bitget Research

Related: Crypto firms moving into Wall Street territory amid ‘growing synergy’

Blockchain may generate over 1 million jobs by 2030

AI-related job listings have risen between 75% and 100% year-over-year, while blockchain job growth remains around the 45% to 60% growth range.

Blockchain needs regulation, scalability to close AI hiring gap
Blockchain vs AI job listings growth. Source: Bitget Research

Blockchain could exceed 1 million jobs by 2030 if it manages to scale at the same rate as AI-based roles, the report said.

More regulatory clarity from laws such as Europe’s Markets in Crypto-Assets Regulation (MiCA) may encourage blockchain firms to increase their hiring efforts, Zade said:

“Europe’s MiCA rule-book, live since December 2024, is already thawing hiring freezes; similar clarity in the United States and Asia would unlock global head-count plans.”

“Second comes enterprise-grade performance: Ethereum’s Dencun upgrade cut typical layer-2 fees by more than 95%, signaling that blockchains can now handle corporate traffic at an acceptable cost,” he added.

Related: Trump fought the bond market, the bond market won: Saifedean Ammous

While blockchain-based jobs are poised for growth, “AI will naturally garner more talent in the next decade,” Jawad Ashraf, CEO of Vanar Chain, told Cointelegraph.

“This is because AI’s market integration has been faster than any other modern technology we can remember,” he said. “If you look at blockchain, we’re still very much focused on integrating with TradFi and broader Web3 markets like gaming, real-world tokenization, etc.”

He added: “Blockchain still hasn’t penetrated the more conventional consumer-oriented markets. It will, in the near future, but we are not there yet.”

Blockchain and AI are not competing for talent

“AI and blockchain aren’t competing for talent; they’re working together to create new opportunities,” Yakov Lebedev, chief business development officer at 3Commas, a trading automation solution, told Cointelegraph.

Combining the two technologies enables “sophisticated financial tools accessible for everyone, not just big institutions, he said, adding:

“Companies are paying top dollar for professionals who understand both AI and blockchain, recognizing the value of this cross-domain expertise.” 

Lebedev added that the integration of blockchain with AI is driving steady job growth in both fields, as financial and tech firms move integrated solutions from pilot programs into core operations.

Thanks to the synergistic benefits of the two technologies, blockchain job growth may start mirroring the AI industry, according to Adi Ben-Ari, founder and CEO at Applied Blockchain, an AI-powered blockchain development firm.

AI technology is “probabilistic and introduces uncertainty,” which creates more demand for blockchain and cryptographic technologies, he told Cointelegraph.

“AI produces outcomes that are not always accurate, can be fake, and can sometimes be incorrect,” he said. “This new uncertainty needs to be countered by a technology that brings absolute certainty, and this is where blockchain and cryptography come in.”

Ben-Ari added that blockchain’s ability to secure sensitive information through cryptography would become increasingly important as AI consumes larger amounts of personal data.

Blockchain needs regulation, scalability to close AI hiring gap
LUNA payments to STIX protocol. Source: Basescan

AI agents are already using cryptocurrency for autonomous transactions. On Dec. 16, 2024, Luna, an AI agent on Virtuals Protocol, paid another AI agent from STIX Protocol, in exchange for its image generation services — sending $1.77 worth of Virtual (VIRTUAL) tokens, onchain data shows.

Magazine: Altcoin season to hit in Q2? Mantra’s plan to win trust: Hodler’s Digest, April 13 – 19

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Home Secretary Shabana Mahmood threatens Trump-style visa ban on three countries as part of radical asylum reforms

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Home Secretary Shabana Mahmood threatens Trump-style visa ban on three countries as part of radical asylum reforms

Home Secretary Shabana Mahmood plans to impose Trump-style visa bans on three African countries if they fail to take back illegal migrants as part of “sweeping reforms” of the UK’s immigration system.

Angola, Namibia and the Democratic Republic of Congo will face visa sanctions, blocking their tourists, VIPs and business people from travelling to Britain if they do not improve co-operation on removals.

Ms Mahmood said: “In Britain, we play by the rules. When I said there would be penalties for countries that do not take back criminals and illegal immigrants, I meant it.

“My message to foreign governments today is clear: accept the return of your citizens or lose the privilege of entering our country.”

The move was reportedly inspired by President Trump’s homeland security secretary, Kristi Noem, who has overseen the mass deportation policy in the US, according to The Times.

Ms Mahmood will address the House of Commons today to lay out “the most sweeping reforms to tackle illegal migration in modern times”, effectively since the Second World War.

Modelled on the Danish system, the aim is to make the UK less attractive for illegal immigrants and make it easier to deport them.

More on Migrant Crisis

Under the plans, the home secretary will bring forward a bill to change how article 8 of the European Convention on Human Rights (ECHR), the right to family life, is applied in migration court cases.

The Home Office has said it’s seen a rise in the use of rights-based appeals in recent years as a means of avoiding deportation.

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‘Illegal migration is creating division across UK’ – Shabana Mahmood

The changes would see only those with immediate family in the UK, such as a parent or child, being able to use article 8 in future.

The home secretary, who has been in the job for 73 days, also plans to change the law so that multiple attempts to appeal against refusals for asylum will no longer be allowed.

Furthermore, refugees would face a 20-year wait before they can apply for permanent settlement.

The Home Office said the “golden ticket” deal has seen asylum claims surge in the UK, drawing people across Europe, through safe countries, on to dangerous small boats.

Under the proposals, refugee status would become temporary and subject to regular review, with refugees removed once their home countries are deemed safe.

Housing and weekly allowances would also no longer be guaranteed.

Mahmood is new hard woman of British politics – and potential successor to Starmer


Amanda Akass

Amanda Akass

Political correspondent

@amandaakass

We’re told that Shabana Mahmood, the still new home secretary, is “a woman in a hurry”.

She’s been in the job for 73 days – and is now announcing “the most sweeping reforms to tackle illegal migration in modern times” – effectively since the Second World War.

Her language is not just tough – it’s radical. Not what you’d have expected to hear from a Labour home secretary even just a few months ago.

“Illegal migration”, she believes, “is tearing our country apart. The crisis at our borders is out of control”.

Her team argues that those never-ending images of people crossing the Channel in small boats have led to a complete loss of faith in the government’s ability to take any action at all – let alone deliver on its promises.

The political reality is that successive failures of Tory and Labour ministers have fuelled the inexorable rise of Reform.

Read more

The shake-up also envisages the introduction of safe and legal routes to the UK in a bid to cut dangerous journeys across the Channel.

A new independent body – similar to one in Denmark – is planned to fast-track the removal of dangerous criminals, and last-minute appeals would be expedited.

Ms Mahmood has denied that her plans are “racist”, instead describing them as a “moral mission”.

She said illegal immigration was causing “huge divides” in the UK, adding: “I do believe we need to act if we are to retain public consent for having an asylum system at all.”

What measures is the home secretary set to announce?

  • Refugee status will become temporary and subject to regular review – with people facing removal as soon as their home countries are deemed safe
  • Asylum seekers will face a 20-year wait before they can apply for permanent settlement
  • New safe and legal routes to be introduced for those genuinely fleeing war and persecution
  • Changes to the legal framework that will require judges to prioritise public safety over migrants’ rights to a family life – amid fears that Article 8 of the European Convention on Human Rights has been used to frustrate removals
  • Using facial age estimation technology, a form of AI ,to rapidly assess a person’s age in a bid to deter people who pretend to be children in an attempt to claim asylum
  • Capped work and study routes for refugees will also be created  

Read more:
Shabana Mahmood is the new hard woman of British politics
Here’s how the Danish migration model works

Speaking on Sunday Morning with Trevor Phillips, Ms Mahmood said she had observed how illegal migration had been “creating division across our country”.

She added: “I can see that it is polarising communities across the country. I can see that it is dividing people and making them estranged from one another. I don’t want to stand back and watch that happen in my country.”

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Govt ‘lacks empathy and understanding’ for refugees

Prime Minister Sir Keir Starmer said: “Britain has always been a fair, tolerant and compassionate country – and this government will always defend those values.

“But in a more volatile world, people need to know our borders are secure and rules are enforced. These reforms will block endless appeals, stop last-minute claims and scale up removals of those with no right to be here.”

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Anti-asylum seeker protest in East Sussex

Conservative Party leader Kemi Badenoch welcomed Ms Mahmood “finally talking seriously about tackling illegal immigration”, but called the plans “weak”.

She said: “If the home secretary actually wants to cut illegal immigration, she should take up my offer to sit down with her and work on a plan that will actually stop the boats, rather than a few weak changes that will meet the approval of Labour MPs.”

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‘Mahmood’s own MPs calling her racist’ – Zia Yusuf

Speaking earlier on Sunday, Reform UK leader Nigel Farage said: “The home secretary sounds like a Reform supporter.”

“Sadly with the Human Rights Act and ECHR membership, the changes won’t survive the courts or probably even her own backbenchers,” he added.

The Refugee Council warned that the government would accrue a cost of £872m over 10 years as a result of the need to review asylum seekers’ status to remain in the UK.

Enver Solomon, the charity’s chief executive, insisted the changes “will not deter people from making dangerous crossings, but they will unfairly prevent men, women and children from integrating into British life”.

Latest Home Office figures show 39,075 people have arrived in the UK after crossing the English Channel in small boats so far this year.

The arrivals have already passed the number for the whole of 2024 (36,816) and 2023 (29,437), but the number is below the total for 2022 (45,774).

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Shabana Mahmood is the new hard woman of British politics – and potential successor to Starmer

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Shabana Mahmood is the new hard woman of British politics - and potential successor to Starmer

We’re told that Shabana Mahmood, the still new home secretary, is “a woman in a hurry”.

She’s been in the job for 73 days – and is now announcing “the most sweeping reforms to tackle illegal migration in modern times” – effectively since the Second World War.

Politics latest: Mahmood dismisses ‘tittle-tattle’ over leadership rumours

Her language is not just tough – it’s radical. Not what you’d have expected to hear from a Labour home secretary even just a few months ago.

“Illegal migration”, she believes, “is tearing our country apart. The crisis at our borders is out of control”.

Her team argues that those never-ending images of people crossing the Channel in small boats have led to a complete loss of faith in the government’s ability to take any action at all – let alone deliver on its promises.

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‘Illegal migration is creating division across our country’.

The political reality is that successive failures of Tory and Labour ministers have fuelled the inexorable rise of Reform.

More on Migrant Crisis

But speaking to Sir Trevor Phillips on Sky News, Ms Mahmood firmly hit back at suggestions today’s announcements are pandering to a racist narrative from the far right.

“It’s not right-wing talking points or fake news or misinformation that is suggesting that we’ve got a problem,” she said.

“I know, because I have now seen this system inside out. It is a broken system. We have a genuine problem to fix. People are angry about something that is real.

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Trevor’s takeaway

“It is my job, therefore, to think of a proper solution to this very real problem, to do so in line with my values as a Labour politician, but also as a British citizen, and to have solutions that work so that I can unite a divided country.”

There are many striking elements to this.

While she’s not been in the job for all that long, her government has been in power for 16 months. Her own press release highlights that over the past full calendar year asylum claims here have gone up by 18% – compared with a drop of 13% elsewhere in the EU.

The UK, she argues, has become a “golden ticket” for asylum seekers due to “far more generous terms” than other countries in Europe.

While she politely insists that her predecessor’s policies – the one in one out deal with France, closer partnership with law enforcement across Europe – are beginning to take effect, the message is clear. No one in office before Shabana has had the stomach to grasp the nettle.

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Inside Europe’s people smuggling industry

The Home Office is determined to present their boss as the new hard woman of British politics.

In a bleak warning to those in her party who will be deeply uncomfortable with this unflinching approach, we’re told she believes this is “the last chance for decent, moderate politics”.

“If these moderate forces fail, something darker will follow…. if you don’t like this, you won’t like what follows me.”

That’s a clear reference to the anti-asylum policies of Reform and the Conservatives, who are pledging to leave the European Convention on Human Rights and deport all illegal arrivals.

Both parties have responded by effectively claiming they don’t trust Labour to deliver on this, given they believe the government has lost control of our borders and overseen a surge in asylum claims.

That much Ms Mahmood herself has already acknowledged.

It’s unusual to hear a Conservative shadow minister like Chris Philp responding to a government announcement by claiming they will support the “sensible steps” the Home Office is making.

Unsurprisingly, he went on to belittle her ideas as “very small steps” combined with “gimmicks” – but the main thrust of his critique was that Labour lacks the authority to push these kinds of measures through parliament, given the likely opposition from their own left wingers.

It’s a fair point – but the lack of fundamental disagreement highlights the threat these plans pose to her opponents.

If the government looks like it might actually succeed in bringing down the numbers – and of course that’s a colossal if – Ms Mahmood will effectively have outflanked and neutralised much of the threat from both the Tories and Reform.

That’s why she’s so keen to mention her Danish inspiration – a centre-left government which managed to see off the threat from right-wing parties through its tough approach to migration, without having to leave the ECHR.

Read more:
Migrants shopping for life jackets: Inside the route to the Channel
Here’s how the Danish migration model works

The Home Office is planning further announcements on new safe and legal routes.

But refugee charities have described the new measures as harsh, claiming they will scapegoat genuine refugees, fail to integrate them into society, and fail to function as a deterrent either.

There will surely be an almighty internal row among Labour MPs about the principle of ripping up the post-war settlement for refugees.

For a government floundering after the political chaos of the last few weeks and months, Ms Mahmood is a voice of certainty and confidence.

At a moment of such intense backroom debate over the party’s future direction, it’s hard to avoid seeing her performance this weekend as a starting pitch for the leadership.

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Bitcoin briefly erases 2025 gains as crypto bleeds over weekend

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Bitcoin briefly erases 2025 gains as crypto bleeds over weekend

Bitcoin briefly lost all of its gains this year after the crypto markets bled over the weekend, despite the US government reopening on Thursday, which was expected to provide much-needed relief to the markets.

Bitcoin (BTC) fell to a low of $93,029 on Sunday, down 25% from its all-time high in October. It started the year at $93,507.

It has since rebounded to around $94,209, CoinGecko data shows.

Investments, US Government, Donald Trump, Bitcoin ETF
Bitcoin’s price information, including the change in price since Jan. 1, 2025. Source: CoinGecko

This year was tipped to be a strong one for the crypto markets after US President Donald Trump was inaugurated on Jan. 20 and formed the most pro-crypto administration to date, which has followed through on most of his promises.

Regulatory momentum under the Trump administration has been accompanied by an explosion in corporate Bitcoin treasury adoption and more inflows into the spot Bitcoin exchange-traded funds.