Top 5 Blockchain & Cryptocurrency-Friendly European Nations

April 21th, 2019 – Innovative technology giant countries such as Malta, Italy, Switzerland, Denmark, and Estonia, are in the top 5 European nations which are friendly to blockchain, Bitcoin and other cryptocurrencies, and have acknowledged the importance of creating a cryptocurrency focused economy. Nevertheless, forming, registering and operating a cryptocurrency firm, how much good the ground is levelled, the crypto businesses in the continent still experience serious problems.

Currently, there are over 375 cryptocurrency companies with more than 420 founders in the European Union (EU), dealing in different areas including financial services, payments and software. Examples of the companies include Binance Labs located in Valletta, Malta; FinLab based in Frankfurt, Germany; Ledger located in Paris, France; Bitstamp and Cashaa, which are based in London, U.K; and others.

Below are the Top 10 European countries favourable for setting up a blockchain-related business, according to the findings by BlockShow Europe 2018.  The study considered 48 countries and dependencies in Europe.

Written by Coin Idol.com – https://coinidol.com/blockchain-cryptocurrency-nations/

Related Post

thumbnail
hover

Advancing gender parity in entrepreneurship: strategies...

Gender parity in entrepreneurship is not just a moral imperative but a crucial driver of economic growth and innovation. Closing the gender ...

thumbnail
hover

Entrepreneurship, skills training and impact work...

Nearly 65 million youth worldwide are unemployed, with many young people at the start of their work life having been impacted by the pandemi...

thumbnail
hover

Small business, big impact: the transformative...

Small businesses are the hearts and souls of communities. Your local barber and corner stores offer more than just transactional interaction...

CLOSE
CLOSE