According to Coincub’s research, Germany, Singapore and the USA were the most crypto-friendly countries.
According to research by Coincub, Germany was the most crypto-friendly country in 2022. Germany was followed by Singapore and the USA last year’s winner.
Coincub revealed that crypto-friendly countries have changed over the past few months. “Germany’s groundbreaking decision to accept cryptocurrency and allow crypto investments put the country at the top for the first quarter of 2022,” the company said.
Germany’s largest financial group, Sparkasse, recently announced that it wants to offer digital asset services to its 50 million customers.
Singapore, which is in the leading position in the 4th quarter of 2021, is in the second place for now, while the USA is in the third place. Australia and Switzerland also shared fourth and fifth places.
Other countries that have developed the crypto-friendly profile are the Netherlands, France, and Spain. According to Coincub, these countries have started to take a positive attitude towards the industry. While crypto activities have increased in countries, the number of blockchain startups has also increased.