Top 6 Crypto Friendly Countries / The Crypto Paradise EXISTS! / Animation
Автор: Cryptomatics
Загружено: 2022-05-02
Просмотров: 394
Today we’ll talk about some of the countries that are considered to be crypto-friendly.
Crypto is a sector that has divided world governments with some, such as China, doing everything in their reach to scare people away from it. At the same time, some countries have decided to embrace this new technology.
Crypto regulations are seen as a good thing because it means world leaders are paying attention to the sector.
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The main topics of the video are:
▶ El Salvador
▶ Portugal
▶ Singapore
▶ Switzerland
▶ Malta
▶ Dubai
▶ Other Countries With 0 Taxes
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🟡 El Salvador
One of the hottest topics to debate in 2021 was the adoption of Bitcoin as legal tender in El Salvador, making it the first country in the world to do so. The government offered each and every citizen who had a crypto wallet $30, the equivalent for three days of work.
🟡 Portugal
Another sunny place that lets you stay clear of taxes is Portugal. Individuals making a profit from crypto don’t have to pay any income tax in this country. This makes it ideal for those making monthly income, especially traders, and for investors, as the country offers various financing programs and incentives for companies.
🟡 Singapore
Singapore may have banned chewing gum, but this doesn’t mean it’s not an amazing place to live in. Not only is it one of the cleanest and most prosperous places in the world, but Singapore is also one of the biggest fintech hubs.
🟡 Switzerland
But if you prefer a place that’s more chill, surrounded by mountains, fresh air, and amazing chocolate, Switzerland is the answer for you. Swiss banks were among the first in the world to finance crypto companies and help combat fraud.
Individuals don’t have to pay taxes so it really doesn’t matter if you’re actively trading or just holding.
🟡 Malta
Malta is another popular destination for crypto enthusiasts as Bitcoin is recognized here as a store of value and currency. The 2018 blockchain-based law adopted by the country made it a dream come true for ICOs back then so many companies decided to register here.
🟡 Dubai
If you enjoy opulence, there’s no better place for you than Dubai, known for its eccentricities, luxury, tall buildings, and extremely wealthy people. This is all possible thanks to massive investments and big ideas.
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CHAPTERS –
0:00 Intro
0:24 El Salvador
0:56 Portugal
1:21 Singapore
1:47 Switzerland
2:26 Malta
3:03 Dubai
3:37 Other Countries With 0 Taxes
3:49 Conclusions
4:12 Outro
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