Would you go to Estonia to set up a cryptocurrency business in Europe?
According to author Radu Balas, writing in Entrepreneur Europe, Estonia is the most hospital European nation for crypto startups. It has one of the highest rates of internet use and has had bitcoin (BTC) ATMs in the capital, Tallinn, since 2005, he writes. Meanwhile, Switzerland, famous for its business-friendly regulation, declared in January its intent to become the first “crypto nation.”
Denmark and Germany are among the other nations that currently don’t collect taxes on crypto businesses. Read more here.