Hong Kong retains top crypto-ready position for two consecutive years
The United States is house to the largest network of Bitcoin (BTC) ATMs, nevertheless, Hong Kong has the most crypto ATMs per square foot given its substantially smaller land mass.Estonia, Singapore and Switzerland are amongst the busiest centers for crypto and blockchain companies. There are 12 nations that enforce a 0% tax on crypto for individuals– including Germany, Panama, and Portugal amongst others– who remain well-positioned to climb up the ranks in the coming years.Countries with 0% crypto tax. Source: forexsuggest.comIn the United States, New York became the most crypto-ready United States state after taping CRS of 9.80 owing to various crypto-related legislation and a substantial number of crypto and blockchain businesses in operation.Related: US the only nation crypto startups need to avoid, says Ripple CEOIndia leads the global crypto adoption in 2023, a current Chainalysis report exposed.
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