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Topic: Which european countries are best for cryptocurrency startups? (Read 1299 times)

member
Activity: 350
Merit: 10
In european I think the best countries for cryptocurrency starup is Switzerland because it's even considering the use of bitcoin related applications in many national departments, they are now crpto account in their banks and they already have taken to make so many crypto friendly decision to expand its area.
newbie
Activity: 98
Merit: 0
European countries are good for bitcoin starup maybe in my opinion is Germany. Because the country is the center of the fulcrum of the European countries economy is very suitable for and will be easy to introduce bitcoin
newbie
Activity: 98
Merit: 0
Of course Estonia. Loyal not only to start-ups in the field of cryptocurrency. But in general to the development of small and medium-sized businesses.
member
Activity: 392
Merit: 39
During the last year on that forum the following countries have been mentioned: Belarus, Malta, Switzerland, Germany and Estonia. I would choose Malta or Germany, because Belarus is a postsoviet state with a crazy dictator and Switzerland prooved already many times over that it is very opportunistic.

Of course, a detailed and profound analysis is required to winnow the details.
Even Malta's Prime Minister said CRYPTOCURRENCIES ARE ‘INEVITABLE FUTURE OF MONEY’
Malta also faces competition from one of its European counterparts: Switzerland. The low-tax country already plans on regulating initial coin offerings (ICOs) and has developed what many in the cryptocurrency sphere call “crypto valley.
Aim to be the global trailblazers in the regulation of blockchain-based businesses and the jurisdiction of quality and choice for world class fintech companies
Yes, maybe you are right about Switzerland, but disclosing banking information to US it has proven that it is not as discreet as it used to be. And in relation to crypto you cannot be sure you can trust it. Maybe next year you will be disclosed to US IRS as crypto holder too.
newbie
Activity: 43
Merit: 0
It seems to me that in there are a lot of possibilities for cryptoinvestors in almost each country around the world. Btw, I have an idea – what so you think about creating a rating such possibilities for startups with crypto Smiley
sr. member
Activity: 1988
Merit: 254
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Currently, the electronic money market is developing strongly in European countries. In Switzerland, Denmark, Netherlands are the countries that allow electronic money to operate. Electronic money companies here thrive and are supported by the government.
sr. member
Activity: 1470
Merit: 325
According to the following article, the top 50 start-ups are as follows:

https://medium.com/@philippsandner/analysis-of-leading-blockchain-startups-worldwide-8ecee1a7d670



Out of the European countries, the UK and Switzerland seem to dominate, which shouldn't be a surprise as they are both financial centres with firendly regulators. And Switzerland is outside the EU and the UK is leaving the EU.

ah come on those follower numbers are artificial bots
legendary
Activity: 2604
Merit: 1036
I think Germany, Austria and Switzerland are the most crypto-friendly countries in Europe. Crypto is pretty popular in the Baltic states and Scandinavia as well. I know that one could buy Bitcoin vouchers from post offices in Austria which speaks volumes about the growth and general popularity of Bitcoin in the country. Switzerland has traditionally been a hub for a plethora of fin-tech companies and Germany have the most start-up companies in the whole of Europe. The Scandic countries want to transition to a cashless society so a crypto currency like Bitcoin could be the solution for their government financial strategies. Some of the crypto payment processors are based in the Baltic region.
I think there was also a French crypto company where you could deposit crypto and pay your bills or receive your fiat salary and get Bitcoin in exchange.
newbie
Activity: 12
Merit: 0
To my knowledge Switzerland is the best country for Cryptocurrency from continental Europe. but in addition to Switzerland of course there is another country that also receives Cryptocurrency well.

Switzerland has many great things but its many area's are heavily bugged down because of the politics in Bern. Lets say your entrepreneur in Zurich you own a bar before you even become profitable you will be doing a lot tax reporting to Bern and then I mean a lot. The crypto valley has potential but it is nothing more but a hype word right now, the real reality is really different if you experience the place. The hotspots for startups I would say is Germany I suggest searching around. The french are defiantly getting creative in the startup scene by buying up abandoned places.

This space can learn a lot from SV if it studies its history and adapts it to the crypto scene. Think about it the reason that people likes to live and work in SV is because it has that startup feel atmosphere. It has great media reporting on the many aspects that goes on. If someone said to me what is a huge problem in Silicon Valley now then its diversity Europe can tackle this in new ways, diversity can become a lot better but it want ever be perfect. Because of Europe's old history it has a lot of abandoned real estate around in its many countries where it can heavily cut down on expenses in the early startup days.

Because of Silicon Valleys rising costs what are they doing many are moving down to LA or Texas. In LA venture capital has gotten a lot better after its 10 year investment. In other states in the US places they will defiantly be a lot more cautious with throwing money around besides SV of course. Yes SV has been heavily overconfident of there dominance they have been sleeping quite a lot probably to long. The way they watched the world in the 90's and the early 2000's was like staying wired 24/7. If Europe really wants to start unleashing that decentralized startup magic it needs a startup culture and that does not exist yet, I would more say its in a massive testing phase now and saying to itself fuck is this really us can we do this. One thing that Europe needs is a massive gathering like the burning man, it needs to know that its has an identity in the tech scene.
hero member
Activity: 2352
Merit: 905
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When it comes to cryptocurrency, there are a lot of differences from one country to another regarding regulations and legislation. Which ones are the...

5 MOST CRYPTO-FRIENDLY COUNTRIES IN EUROPE

1)Switzerland
2)Denmark
3)Estonia
4)Slovenia
5)Georgia

Probably the most unexpected pick in a list of most crypto-friendly countries. But surprisingly enough, this small country in the middle of the Caucasus has a lot going for it when it comes to cryptocurrency.

In particular, it is one of the three countries with the largest amount of Bitcoin miners (among China and the U.S.), is home to one of the largest mining and blockchain solution companies: BitFury (among other big mining companies like Ambit), and generally has a very strong sense of crypto culture that is growing by the day.

ICOs and cryptocurrency startups in Georgia also enjoy the benefit of being in a Tax Free Zone, meaning, they have to deal with less bureaucracy, are exempt from taxes (as the name implies), gain further free trade opportunities and more. This incentive is huge and really helps further develop the cryptocurrency industry in Georgia.
This one +1 from me...
But I want to mention again that Georgia is not fifth but to my mind best country for cryptocurrency startups. As this user said, there are tax free zones for cryptocurrency businesses and I can confirm it. Even goverment helps you and have contact, for example let's take Bitfury. They implemented land titling with goverment and currently in this country there is blockchain land titling which is an extra layer of protection for everyone.
full member
Activity: 882
Merit: 112
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1) Malta
2) Baltic states, a lot of good ICOs have been held there, especially Estonia because they have this e-residency thingy which is unique and very useful.
3) Switzerland but this is the last from 3 options since it is quite expensive.

Regarding the regulation- it is in the works and still not clear but it is clear that EU is open to cryptos compared to other regions.
newbie
Activity: 47
Merit: 0
I think that England is almost completely ready to the fact that Bitcoin will become a global currency. Virtual coins are gradually being introduced into the everyday life of the British. In some banks it is possible to settle with bitcoins, and in many pubs you can pay for a glass of beer by a cryptomonet.
newbie
Activity: 56
Merit: 0
blockchain friendly europe countries swiss malta gilbratar uk belarus.
Switzerland is the best country for Cryptocurrency from continental Europe.
copper member
Activity: 49
Merit: 0
Just grinding everday
I think that ANY country that understand the technology and has the staff knowledgeable to make the best decisions concerning regulation etc, is better than a country that lets a free market, without knowing the consequences  Cool
newbie
Activity: 14
Merit: 0
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full member
Activity: 247
Merit: 100
Which is most appropriate for establishing a digital money business including Estonia, Switzerland, Denmark, Germany, Belarus, Slovenia are the best for cryptocurrency startups.
newbie
Activity: 280
Merit: 0
I think the Luxembourg, German, Swiss and Estonian countries always hold ICO campaigns.
maybe to the four countries it is very good to believe as stratup his cryptocurrency.

and I am sure to all four of them because they have very strong finances in their country.
jr. member
Activity: 280
Merit: 1
One country that you haven't mentioned is Belarus, they've legalized cryptocurrency, ICO's and smart contracts at a national level.
Transactions made with crypto tokens are VAT exempt till 2023.

https://bitcoinmagazine.com/articles/cryptocurrency-friendly-regulations-belarus-could-attract-foreign-capital-and-icos/

that's how it should be. Hopefully by 2023 they will recognize crypto as money in general so the VAT or any other tax won't even apply, that would be very important
newbie
Activity: 199
Merit: 0
To my knowledge Switzerland is the best country for Cryptocurrency from continental Europe. but in addition to Switzerland of course there is another country that also receives Cryptocurrency well.
jr. member
Activity: 322
Merit: 1
I will go by Switzerland, they're the one's that I know slightly adopts cryptocurrency in a little way
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