Countries most open to cryptocurrencies in Europe | My ranking TOP 5

5.Germany

Since 2008, 1307 programming projects related to the creation of services for the blockchain platform have been created in Germany.
Companies such as Bertelsmann and Deutsche Bank meanwhile are among the largest investors in the world, who simultaneously look closely at the possibilities of integrating blockchain technology into their own business operations, Germany is positive about cryptocurrencies, it concerns normal people and the government.

4.Estonia

This small Baltic country which is very positive towards the world of cryptocurrencies and ico.
It is a country in which numerous companies from the cryptocurrency industry establish their headquarters thanks to favorable politics and openness of Estonians to technical innovations.
3.Malta

Malta is a country that has a very transparent and regulated market that attracts with its openness the largest companies in the cryptocurrency industry. A lot of exchanges moved there from Asia and Europe also moved Binance there.

2.Gibraltar

The country has been conducting research on the cryptocurrency industry for a long time, aimed at creating the most convenient regulations. The Financial Market Regulator - GFSC - this year presented a general way of regulating the digital currencies market. Interestingly, in this country cryptocurrencies are not subject to either capital gains tax or value added tax. Entrepreneurs pay only income tax.
1.Switzerland

Countries most open to cryptocurrencies in Europe seems to be Switzerland.
Positive regulatory trends in this country, stable and decentralized political system, and low taxes gives Switzerland the name of the most cryptocurrency-friendly country