The Most Crypto-Friendly Countries in the World

  • 34
The top-3 are Germany, Singapore, and the USA.

The aggregator of cryptocurrency exchanges Coincub has prepared a rating of the most cryptocurrency-friendly countries in the world.

The ranking is based on nine general criteria (including government strategy, taxation, and financial services) and 21 subcategories, ranging from the number of recognized cryptography training courses to startups. Each country receives a certain number of points for these categories, which are then summed up.

TOP 10 most cryptocurrency-friendly countries in the world:

  1. Germany
  2. Singapore
  3. USA
  4. Australia
  5. Switzerland
  6. Hong Kong
  7. Netherlands
  8. France
  9. Canada
  10. Japan

Key facts: 

  • Germany has a positive attitude towards cryptocurrency trading and investment. The country has the largest number of bitcoin nodes in the world, besides the USA. This year, the Federal Financial Supervision Authority issued a license to the German division of Coinbase to store cryptocurrencies. German stock market operator Deutsche Boerse has also placed more than 20 cryptocurrency exchange products on its digital exchange Xetra. Sparkasse Savings Bank, exploring the offer of wallets for cryptocurrency trading, is a huge step toward institutional recognition.
  • Russia took 20th place in the ranking, Ukraine - the 29th.
  • The top five countries with the most favorable tax regime for cryptocurrencies include Hungary, Cyprus, Nigeria, Malta, and El Salvador.
Also read: Portugal Tightens the Rules for Buying Real Estate for Cryptocurrency

Source: Coincub 

Quoting conditions of Prian.info materials

Share the link:
Tags: Market Analysis, Investment

Read also

Housing Prices in the EU Have Increased by 42% Since 2010
The rent has grown is by 16%.
France to Ban Short-Term Rental Housing With Bad Insulation
The rules will come into force on January 1, 2023.
The Annual Growth of House Prices in the United States Exceeded 20%
Housing prices in the United States increased by 20.9% year-on-year in March 2022.
European Cities of the Future. The Forecast for 2022/23
FDI Intelligence has compiled a rating of European cities of the future. London has become the...
The Most Everrated and Undervalued Real Estate in the EU
The prices are mostly understated in Ireland and overstated in Luxembourg.
Australia Wants to Close Immigration Program for Investors
At a recent press conference, Interior Minister Claire O'Neill said the program "does not add...