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Six Countries for Crypto Enthusiasts

When choosing the perfect place to live, crypto enthusiasts take into account not only the number of outlets that accept cryptocurrency as payment but also the presence of good infrastructure.

Six Countries for Crypto Enthusiasts

Singapore

In terms of political stability and fiscal policy, this city-state with a population of more than 5.8 million ranks first. Singapore does not tax capital gains from cryptocurrencies.

Brisbane, Australia

Australia is a politically stable country regarding cryptocurrencies. Brisbane, one of Australia’s biggest cities, was the first to introduce cryptocurrency payments in local airport stores. According to CoinMap, 22 retail outlets in Brisbane accept cryptocurrencies. You’ll also find a lot of outlets in Melbourne and Sydney that accept cryptocurrencies (30 and 70, respectively).

California, USA

The federal government in the United States has yet to adopt a universal regulatory framework for cryptocurrencies. However, some states are promoting various innovations, but the shortcomings of the regulatory framework are noticeably felt. California stands out for not requiring cryptocurrency firms to obtain any specific licenses.

Silicon Valley

Sweden

Sweden stands above most other countries in terms of living standards. Here you will find fast internet and affordable and reliable public transportation, not to mention one of the best social security systems in the world.

New Zealand

New Zealand has become a cryptocurrency-friendly country even though it has not yet been recognized as a legal means of payment. Having seen the rapid growth of the crypto market in the country, the Ministry of Internal Revenue of New Zealand decided not to create barriers to cryptographic developments.

Liechtenstein

Liechtenstein is one of the smallest countries in Europe, occupying an excellent place in the Alps between Austria and Switzerland. In October 2019, the country adopted a law allowing the attraction of cryptocurrency companies. The law came into force on January 1, 2020, and introduced considerable clarity about regulating the country’s crypto industry.

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CyberVein reinvents decentralized databases and the way we secure and monetize information.