18 May 2018 — BlockShow Europe 2018 has published a study identifying the top ten European countries for setting up a blockchain company. Switzerland is number one on the list because of its positive regulatory momentum and its forward-looking position in establishing guidelines for crypto start-ups. With the train “ Crypto Valley “ the country is a hotbed for crypto innovations. Gibraltar and Malta complete the top three due to similar momentum and government participation.

The study looked at a total of 48 European countries and analyzed various aspects to determine which of them promoted blockchain and cryptocurrency advocacy while respecting the current regulations for the growing blockchain sector. The official criteria used included Initial Coin Offerings (ICOs), cryptocurrency regulations as a form of payment, and cryptocurrency taxation.

Not far away on the list is the United Kingdom at number 4, Denmark at number 5 (with 0 percent tax on cryptocurrencies), Germany at number 6 and Portugal at number 7 ( revenue from cryptography is not taxed here ). Finally, Finland (where virtual currencies are exempt from VAT ), the Netherlands and Belarus (where cryptocurrencies until 2023 tax exempt and are declared Smart Contracts as legal documents) round out the Top 10th

You can read the complete list here.

About the BlockShow:

The BlockShow Europe conference is designed to discover the hottest innovations and trends in the blockchain scene in Europe and around the world. It will comprise more than 3,000 participants and over 150 projects, as well as over 80 internationally recognized speakers and experts from banks, institutions and numerous international companies. BlockShow Europe will provide a platform for the most innovative new releases from promising blockchain companies, as well as IoT, AI, cybersecurity and many more. Representatives of central banks and European governments will share their vision and current experience in the blockchain field. The event will take place in Berlin from the 28th to the 29th of May.

Marko Vidrih

@cryptomarks

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