2020’s 5 countries friendliest to crypto and blockchain
These five countries have led the way in driving cryptocurrency and blockchain adoption in 2020. As the use of cryptocurrencies continues to spread around the world, a number of countries have established themselves as leaders in adoption.COVID-19 has dominated 2020, and the effects of the ongoing pandemic have stifled many economies. However, the cryptocurrency space has enjoyed a year of resurgence that has seen decentralized finance become a major trend, while Bitcoin (BTC) has finally surpassed its former all-time high of 2017.It is worth noting that governments, policymakers and....
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Croatia is embracing crypto at an exponential rate. Earlier in the week, Konzum announced it will accept cryptocurrency payments in its online store. This is phase one for Croatia’s largest supermarket chain, the company plans to roll out the service in all of its stores. The country is quickly becoming one of the friendliest for […]
The level of freedoms that the U.S. has provides an argument for the country as the most crypto-friendly location, although Puerto Rico also has its benefits. As a burgeoning industry less than 13 years old, cryptocurrency has seen its fair share of regulatory crackdowns and changes, especially in the United States. Jake Yocom-Piatt, co-founder of Decred, however, sees the nation as the most crypto-friendly.“Cryptocurrencies are treated as personal property in most jurisdictions, so their tax treatment is relatively uniform,” Yocom-Piatt said. He continued:“Cryptocurrency transactions are....