Cryptofriendly Countries

🇨🇭 Switzerland has 450 blockchain-based organizations, and it offers liberal administrative and duty treatment for newly developed blockchain businesses.
🇩🇪 The German government considers cryptocurrency to be ‘private money’. They are not subjected to VAT during transactions and are exempted from the long-term capital gains tax.
🇲🇹 Malta is also known as “Blockchain Island”. The Maltese government fully supports cryptocurrencies, despite the local banks not being onboard with the idea. Nevertheless, Malta has a set framework for companies and #startups that work with blockchain.
Have you already checked on these countries? Let us know!