BlockShow releases finding on the best European countries for blockchain startups
24 May 2018 - 9:13PM
ADVFN NewsWire
BlockShow releases finding on the best European
countries for blockchain startups
May 24, 2018 -- ADVFN Crypto NewsWire -- Blockchain conference,
BlockShow Europe 2018 has released a study identifying the top 10
European countries for starting a blockchain company. Switzerland
is number one on the list, due to its positive regulatory dynamics
and forward-thinking position on setting government guidelines for
crypto startups. The country has been a hotbed for crypto
innovation as home to Zug’s “Crypto Valley.” Gibraltar and Malta
round out the top three due to similar dynamics and government
participation.
The study looked at 48 European countries in total, analyzing
different aspects to determine which of them promoted blockchain
and cryptocurrency advocacy, while also looking at actual
regulations set in place for the growing blockchain sector. The
official criteria used examines Initial Coin Offering (ICO)
regulations, regulations on cryptocurrency as a form of payment, as
well as the taxation of cryptocurrencies.
Not far behind on the list is the United Kingdom at number 4,
Denmark at number 5 (with 0% tax on cryptocurrencies), Germany at number 6
and Portugal at number 6 (where income from crypto is not taxed). Finally,
Finland (where virtual currencies are exempt from VAT), the Netherlands and Belarus
(where cryptocurrencies are tax exempt through the year 2023, and smart
contracts have been declared as legal documents) round out the top
10.
You can read the full list here.
About BlockShow
The BlockShow Europe Conference is dedicated to discovering the
hottest innovations and trends happening in both European and
Global blockchain scenes. It will gather more than 3,000 attendees
and over 150 projects, as well as over 80 internationally
recognized speakers and experts from banks, institutions and
numerous global industries. BlockShow Europe will give exposure to
the most innovative releases from promising blockchain companies,
as well as rich and versatile insights on how they disrupt major
global industries such as IoT, AI, Cybersecurity, and many others.
The representatives of Central Banks and European governments will
share their vision and current experience of harnessing the
Blockchain technology during the event, as well. The event will
take place in Berlin on May 28-29.
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