Which Countries Have the Best Laws for Cryptos ?

A new report from Coincub is showing what happens regarding crypto laws regarding taxation around the world.

The main trend in the market right now is the major outflows of crypto investors from the USA as there is a constant war towards them. From this move, other countries will be benefited from that, whom regulatory framework remains friendlier for cryptos.

Even if UAE and Hong Kong had made more moves regarding easing the processes around cryptos, Europe will be benefited from this situation.

Indeed, 11 out of 20 countries with the best framework for cryptos are in Europe, with Switzerland, Malta, Monaco, and Hungary are between them.

Obviously, there are crypto heavens like El Salvador and the Bahamas, but as we have told many times here, the countries are re-shuffling the cards for the cryptos.