💰Cryptocurrency-Friendly Countries Ranking

Morgan Ellis

💰Cryptocurrency-Friendly Countries Ranking

In 2023, the number of cryptocurrency owners in the world grew from 432 to 580 million. CryptoCasinos experts analyzed various indicators to determine which countries are adopting cryptocurrencies more actively. As a result, the top four crypto-friendly countries were identified:

1️⃣ Argentina🇦🇷. 9.7% of the population owns crypto assets, which is three times the global average, along with affordable electricity. 1 BTC in Argentina costs approximately 14 647 USD, with a profit of 51 261 USD (based on the recent price of 65 908 USD per bitcoin). In addition, Argentina has one of the highest traffic rates (6.3%) on Binance.

2️⃣ USA🇺🇸

3️⃣ Colombia🇨🇴. Promising GEO. Approximately 21% of the total bitcoin volume available in Latin America and the Caribbean is stored in Colombian digital wallets, making the country the second largest in the region.

4️⃣ Ukraine🇺🇦. Surpasses Argentina in terms of the number of cryptocurrency owners (10%), but the mining costs were higher (19 530 USD) and, consequently, the mining profit was 46 378 USD. Ukraine has been actively working on the legalization of cryptocurrencies since 2022 and provides 4.8% of Binance's traffic.

🔣🔣🔣 The list continues with the UAE🇦🇪, Vietnam🇻🇳, Turkey🇹🇷, Canada🇨🇦, Singapore🇸🇬, and Pakistan🇵🇰.

Prospects: Ukraine has started international consultations to update the National Tax Code to adapt to the cryptocurrency and NFT market, and has developed a draft digital artifact law, so digital artifacts and related content could become new objects of civil rights and sources of legal income.

#International #news #crypto

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