Have you been thinking about moving to another country to safely run your business? Then we have prepared a rating of the most crypto-friendly countries especially for you.
Switzerland tops the rating. Switzerland is home to many startups, the government has a positive attitude towards cryptocurrency companies and organizes initiatives aimed at attracting digital capital. In addition, Switzerland has legislation that ensures protection and transparency for cryptocurrency users.
Next in our rating is Malta. Malta was one of the first countries to adopt cryptocurrency legislation. Such actions quickly attracted investments and companies that are firmly based in Malta. Currently, Malta has a MiCA CASP license, which requires permission from the government. This is a very convenient tool for both business and the state.
Another crypto-friendly country is El Salvador. They were the first in the world to recognize Bitcoin as an official means of payment. The country does not impose a capital gains tax on BTC transactions.
The UAE has developed a full-fledged legal framework for crypto business, tax incentives in free economic zones, a high concentration of crypto processing and OTC desks.
In Portugal, cryptocurrencies have long been exempt from VAT and capital gains tax (preferential rates have been introduced since 2023). Developed ecosystem of crypto payments in tourism, IT and freelance services, loyal migration policy for digital nomads and crypto entrepreneurs.
Singapore. Singapore legislation is aimed at protecting investors and entrepreneurs. However, companies must strictly comply with AML, which is good for end users of cryptocurrency platforms. In addition, the country has licensing of crypto processing with access to banking infrastructure.
Choosing a crypto-friendly jurisdiction is an important step, but in the modern world, you do not always need to change the country to work on better terms. If your business deals with electronic payments, AlfaBit Pay will allow you to accept and send crypto payments without borders and complications.
**The platform supports more than 660 different cryptocurrencies, including BTC, ETH, XRP, SOL, USDT and many others, and is ideal for:
- Online stores and marketplaces;
- SaaS projects and subscription platforms;
- iGaming and gambling;
- payroll services and OCP;
- donations and charity;
- fintech and legal entity services;
- and other industries. Wherever your business is located, AlfaBit Pay will provide reliable crypto processing, convenient integration and the best support. Based where it is convenient, AlfaBit will do the rest.**
