Chain Century Limited: the best crypto business country is Switzerland
Chain Century Limited - the organizer of Blockshow Europe 2018 - has made a new rating which names the best country for a cryptocurrency entrepreneur. It’s Switzerland, as witnessed from the list published on the official website of the event.
The decision of experts from Chain Century is relatively easily explained. The country has a designated region (the town of Zug, capital of the eponymous canton) which is open for all crypto business persons and tax-free, if the information from the reports is correct. Swiss regulatory environment has been repeatedly promoted by Oliver Bussmann, businessman and president of the Crypto Valley. However, freedom doesn’t mean anarchy: he was the one to state that Zug was no place for WannaCry hackers’ operations and similar illicit finance flows.
Gibraltar takes the silver. Bitnewstoday has noted how the authorities of this British Overseas Territory were able to set a goal and then fulfill it in full accordance with the initial plans without changing them along the way. The jurisdiction has already attracted 200 ICO or even more. This information comes from the officials responsible for the registration process.
Full list of 10 most crypto-friendly environments:
- Switzerland
- Gibraltar
- Malta
- United Kingdom
- Denmark
- Germany
- Portugal
- The Netherlands
- Finland
- Belarus
Image courtesy of Reuters / Denis Balibouse