Two Most Crypto-Friendly Countries Named… One of Them Will Surprise You | CoinMarketCap

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Two Most Crypto-Friendly Countries Named… One of Them Will Surprise You | CoinMarketCap
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The world's most crypto-friendly countries have been revealed — and the top rankings may surprise you.😉

The world's most crypto-friendly countries have been revealed — and the top rankings may surprise you.

The study argues that Germany has "progressive" crypto legislation, alongside a high number of investors and Bitcoin nodes. Coincub also praises the European nation for a "favorable" tax regime that means no capital gains are owed on sales of Bitcoin and Ether as long as these assets are held for more than a year.

Many nations have struggled to get to grips with crypto regulation, and the fast-moving nature of this industry means it's often difficult for central banks and governments to keep up. But Coincub argues that Germany has met this challenge "head on" with sophisticated rules that also take block rewards and airdrops into account.

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