2024 Cryptic Friendship State Rankings: Comparison of Supervision, Tax, and Development Environment

Compilation: Aiying Aiying Team

Cryptocurrencies are completely changing the pattern of investment and digital assets and promoting economic growth in many regions.Realizing this potential, many countries have adjusted their regulatory framework and launched a series of legal measures to actively attract the encryption business and startups.In 2024, crypto -friendly countries around the world are emerging rapidly, and some countries stand out due to their positive attitude in promoting the development of crypto enterprises.

Through SocialCapitalMarkets studies have found that countries like Switzerland and Singapore have always been recognized as the most friendly crypto enterprise environment, and Estonia, Malta, and the UAE countries have also made significant progress in this field.After in -depth analysis of the regulatory policies, tax frameworks, and business environment of these countries, they selected ten countries in the world that performed the most eye -catching countries in the future development of crypto business.

State comprehensive scoring overview:

Dubai (score: 79): Dubai has become the preferred destination for encrypted enterprises with leading regulatory clarity, zero -capital gains tax, 9%of corporate tax, and low business license costs.
Switzerland (score: 74.5): Switzerland ranked second, with 900 registered encryption companies, and long -term investment in capital gains tax is only 7.8%, which is extremely beneficial to investors.
South Korea (score: 73.5): South Korea ranked third, playing an important role in the global encryption field.
Singapore (score: 72): Singapore tied for fourth, the government provides $ 8.9 million in blockchain support funds, providing strong support for encrypted enterprises.
Brazil (score: 66.5): Brazil ranked tenth and lags 12.5 points behind Dubai, but still maintains a strong sense of presence in the global encryption ecosystem.
Germany (score: 66.5): Germany and Brazil are the same, providing similar policy conditions for the encryption business.
The United States (score: 71): The United States is far ahead in encryption. 5,968 companies accept cryptocurrency payment. In this category, scores are scored (20/20).
Portugal (score: 51.5): Portugal has 108 companies accept cryptocurrencies, and short -term capital gains tax is as high as 28%, but it provides relative preferential conditions for long -term investors.
Malta (score: 59.5): Malta’s corporate tax is as high as 35%, but its regulatory framework is friendly. 15 authorized encryption companies have operated here.

From the performance of these countries, it can be seen that the government’s support in policies, tax benefits, and regulatory transparency has played a vital role in attracting crypto companies.Dubai, Switzerland, Singapore and other places have attracted many blockchain and encrypted companies due to their clear policies and strong tax conditionsEssenceFor countries such as South Korea and the United States have large -scale markets, they have achieved outstanding results in adopting and promoting the practical application of cryptocurrencies.

Facing the rapid development of cryptocurrencies worldwide, the attitude and policies of governments of various countries have become key factor.Whether it can formulate regulations and systems that are conducive to the development of blockchain technology and encryption business, it will determine whether these countries can occupy a place in the future digital economy.In the future, the rise and fall of encrypted companies in these countries will provide valuable experience and demonstrations for other countries around the world.In summary, in 2024, in the list of crypto -friendly countries, Dubai ranked first with its leading advantages. Switzerland, Singapore and other places followed closely, which continued to attract the world’s most dynamic encrypted entrepreneurs and enterprises.In this global digital asset competition, whoever can develop a more open and inclusive policy can take the lead in the future digital economy.

Top 10 cryptocurrency business friendly countries

Dubai
Switzerland
South Korea
Singapore
USA
Estonia
Italy
Russia
Germany
Brazil

1. Dubai (score: 79)

G20 member country:yes
Regulatory framework: Dubai various commodity trading centers (DMCC) and Dubai Financial Services Authority (DFSA)
Legal transparency: Clear and supportive
Capital gain tax: No capital profit tax
Corporate tax: 9% of the taxable income of more than 375,000 UAE Dram
Number of registered crypto companies: More than 550
Crypto corporate friendship total score: 79/100

In recent years, Dubai has gradually become a country that is very attentive in the encryption field.Dubai’s DMCC (various commodity trading centers in Dubai) even set up a special encryption center, and provides a startup platform for companies engaged in encryption and blockchain technology.As one of the G20 member states, Dubai has regulators such as VARA (Virtual Assets Supervision Bureau) and DFSA (Dubai Financial Services Authority).The company must register with DFSA and DMCC to operate the encryption business in Dubai.The Dubai government does not levy capital income tax on the income of crypto companies, which greatly increases its attractiveness to crypto enterprises.In addition, Dubai levied only 9%of corporate tax for more than 375,000 corporate income of Diram, UAE.At present, Dubai has more than 550 registered encryption companies.

2. Switzerland (score: 74.5)

G20 member country:no
Regulatory framework: Swiss Financial Market Supervision Administration (Finma)
Legal transparency: Clear and supportive, especially in the Zug (Zug) area
Capital gain tax: 7.8%
Corporate tax: 12% -21%
Number of registered crypto companies: More than 900
Crypto corporate friendship total score: 74.5/100

Switzerland has achieved remarkable achievements in the field of encryption, especially Chuger is recognized as one of the global encryption centers.As early as 2018, Johann Schneider-Ammann, Swiss Economic Minister, announced the vision of making Switzerland a “encrypted country”.The Swiss Financial Market Supervision Administration (Finma) provides a clear and supportive regulatory environment for encrypted enterprises, especially Chu Gezhou, known as the “Crypto Valley”, which has attracted more than 900 encrypted companies to register here.Switzerland has established a reasonable tax rate for encrypted service providers, of which capital gains tax is 7.8%, and corporate tax rates are between 12%and 21%.In addition, more than 400 companies in Switzerland accepted cryptocurrencies as payment methods.

3. South Korea (score: 73.5)

G20 member country:yes
Regulatory framework: South Korea’s Financial Intelligence Unit (KFIU), affiliated to the Financial Services Committee (FSC)
Legal transparency: Gradually improve
Capital gain tax: Specific implementation (0%)
Corporate tax: Extension to 2025 execution
Registered encryption company: 376+
Crypto corporate friendship total score: 73.5/100

As another G20 country, South Korea is gradually becoming a hot area for encrypted enterprises.Digital asset transactions and services are supervised by the Korean Financial Intelligence Unit (KFIU), which is affiliated with the Financial Services Commission (FSC).Although the current regulatory framework of cryptocurrencies is gradually being improved, South Korea’s efforts in creating an encrypted friendship environment are very significant.Operating an encrypted service company in South Korea needs to register with FSC and comply with its prescribed laws.Although the relevant regulatory framework is still developing, South Korea’s support for the encryption industry has gradually emerged.At present, South Korea has postponed the implementation of capital gains and taxes, and corporate taxes are planned to be implemented in 2025.With more than 376 registered encryption companies, South Korea is developing steadily and gradually becomes an encrypted power in Asia.

4. Singapore (score: 72)

G20 member country:no
Regulatory framework: Singapore Financial Authority (MAS)
Legal transparency: Clear and supportive
Capital gain tax: No capital profit tax
Corporate tax: 17%
Registered encryption company: 100+
Crypto corporate friendship total score: 72/100

Singapore is an important business center, including encryption companies.Enterprises need to obtain a permission from the Singapore Financial Administration (MAS) to establish an encrypted business in Singapore.In addition, Singapore also supports the industry through cryptocurrency and blockchain associations to help SMEs develop.The corporate tax rate of 17%of non -capital gains and tax income is an important factor in attracting encrypted entrepreneurs.There are currently about 100 registered encryption companies in Singapore, and the country provides a huge amount of $ 8.9 million for the R & D technology of Southeast Asian blockchain technology, which has dominated it in Southeast Asia’s encrypted business field.

5. The United States (score: 71)

G20 member country:yes
Regulatory framework: Securities and Exchange Commission (SEC), financial criminal law enforcement network (FINCEN)
Legal transparency: Various transparency, different from the state
Capital gain tax: Different from the state (mostly 0%)
Corporate tax:twenty one%
Registered encryption company: 474+
Crypto corporate friendship total score: 71/100

In the United States,Cryptocurrencies are widely accepted.More than 5,000 companies in different fields accept cryptocurrency as a payment method, which indicates that cryptocurrencies have become an important industry in this G20 country.However, the legal transparency of the United States is different from the state, forming a diverse regulatory environment.Many states have formulated laws that support encryption. For example, Colorado has set up a sandbox plan for blockchain companies to allow these companies to test new products and services.In terms of taxation, the United States is relatively loose to cryptocrete companies. At present, there is no capital income tax on cryptocurrencies. The corporate income tax rate is 21%.Although the government’s permit is high, such as government costs of $ 176,226, the United States is still an important participant in encrypted companies with its vast market and innovation spirit. At present, there are more than 474 crypto companies registered.

6. Estonia (score: 69.5)

G20 member country:no
Regulatory framework: Financial Supervision Administration (EFSA)
Legal transparency: Clear and supportive
Capital gain tax: 20%
Corporate tax: 20%
Registered encryption company: 1200+
Crypto corporate friendship total score: 69.5/100

Estonia has established strict anti -money laundering (AML) and counter -terrorism financing prevention laws from 2021 to 2022, which has a significant impact on its encrypted service provider market.These laws have led many companies to abandon the plan to apply for permits, and in 2022, the financial intelligence department (FIU) also canceled the licenses of nearly 482 encrypted enterprises.At present, only about 100 encrypted companies have obtained permission to operate in Estonia.Despite strict supervision, favorable tax conditions are still attractive to crypto enterprises.Estonia has no capital gains tax, but levies 20%of the pre -deducted income tax for income.

7. Italy (score: 68)

G20 member country:yes
Regulatory framework: Ministry of Economics and Finance (MEF), the Italian Securities and Exchange Commission (Consob)
Legal transparency: Clear but still developing
Capital gain tax: 26%
Corporate tax:twenty four%
Registered encryption company: 73+
Crypto corporate friendship total score: 68/100

For a long time, Italy has not set up regulatory obstacles to the encryption company.However, the country has recently stepped up rules and regulations in the encryption business.The introduction of the EU’s “Mica) framework (MICA) framework also affects the country’s regulatory method of crypto service providers.even so,There are still 73 approved encrypted service companies in Italy in the marketEssenceAlthough the tax rate is relatively high, compared with other countries such as Australia or Japan, it is still low.Italy’s tax rate for capital gains tax is 26%, and corporate income tax is 24%.

8. Russia (score: 67)

G20 member country:yes
Regulatory framework: Central Bank of Russia (CBR)
Legal transparency: Clear but have strong restrictions
Capital gain tax: No capital profit tax
Corporate tax: 20%
Registered encryption company: 70+
Crypto corporate friendship total score: 67/100

As one of the world’s superpower, Russia has attracted encryption companies with its favorable tax policies.Russia has no capital gains tax, and corporate income tax is fixed to 20%.The country has recognized cryptocurrencies as a legal currency, and more than 500 companies have accepted cryptocurrencies as a payment method.This accelerates the transaction process and ensures the security of payment data. The most important thing is to simplify the operation of the encryption company in the market.

9. Germany (score: 66.5)

G20 member country:yes
Regulatory framework: Federal Financial Supervision Bureau (Bafin)
Legal transparency: Clear and strong support for licensed enterprises
Capital gain tax: 25%
Corporate tax: 15%-30%
Registered encryption company: 300+
Crypto corporate friendship total score: 66.5/100

Germany was one of the first countries that realized the potential of blockchain technology and used it for digital transformation.The German Savings Bank Association (network consisting of 400 savings banks) even developed the application of fintech blockchain to promote cryptocurrency transactions.Germany holds a supporting attitude towards cryptocurrencies and extends this support to the crypto business.For the long -term encryption income of individuals or enterprises, there is no capital benefit tax, but the short -term capital gains tax is between 0%and 45%, depending on the income situation.Enterprises also need to pay 15%income tax.Although the tax rate is high, Germany’s transparent and sound encryption regulations make it an ideal choice for encrypted companies.At present, more than 700 companies in Germany have accepted cryptocurrencies as payment methods, which further enhances commercial convenience.

10. Brazil (score: 66.5)

G20 member country:yes
Regulatory framework: Brazil Central Bank
Legal transparency: Gradually improve
Capital gain tax: 15.0% – 22.5%
Corporate tax: 0% – 27.5%
Registered encryption company: 19+
Crypto corporate friendship total score: 66.5/100

Brazil’s position in the encryption world is still under development.Encrypted service providers must register in the Brazilian Central Bank in order to conduct business in Brazil.In 2022, Brazil established a framework for the encryption industry and designated the central bank as a regulatory agency.However, because laws and regulations have not been fully established, this has made Brazil a environment with less restrictions to enterprises.However, the high tax rate of Brazil has made it an unsatisfactory choice of a company.The country’s maximum of 27.5%of the corporate income tax, while the short -term capital gains tax is between 15%and 22.5%.

From the performance of these countries, it can be seen that the government’s support in policies, tax benefits, and regulatory transparency has played a vital role in attracting crypto companies.Dubai, Switzerland, Singapore and other places have attracted many blockchain and encrypted companies due to their clear policies and strong tax conditions.For countries such as South Korea and the United States have large -scale markets, they have achieved outstanding results in adopting and promoting the practical application of cryptocurrencies.

In summary, in 2024, in the list of crypto -friendly countries, Dubai ranked first with its leading advantages. Switzerland, Singapore and other places followed closely, and continued to attract the world’s most dynamic encrypted entrepreneurs and enterprises.In this global digital asset competition, whoever can develop a more open and inclusive policy can take the lead in the future digital economy.