BlockShow releases finding on the best European countries for blockchain startups
May 24 2018 - 7:42AM
InvestorsHub NewsWire
BlockShow releases finding
on the best European countries for blockchain
startups
May 24, 2018 -- ADVFN
Crypto NewsWire -- Blockchain
conference, BlockShow Europe 2018 has released a study identifying
the top 10 European countries for starting a blockchain company.
Switzerland is number one on the list, due to its positive
regulatory dynamics and forward-thinking position on setting
government guidelines for crypto startups. The country has been a
hotbed for crypto innovation as home to Zug’s “Crypto Valley.”
Gibraltar and Malta round out the top three due to similar dynamics
and government participation.
The study looked at
48 European countries in total, analyzing different aspects to
determine which of them promoted blockchain and cryptocurrency
advocacy, while also looking at actual regulations set in place for
the growing blockchain sector. The official criteria used examines
Initial Coin Offering (ICO) regulations, regulations on
cryptocurrency as a form of payment, as well as the taxation of
cryptocurrencies.
Not far behind on the
list is the United Kingdom at number 4, Denmark at number 5
(with 0%
tax on cryptocurrencies),
Germany at number 6 and Portugal at number 6 (where income from crypto is not taxed). Finally, Finland
(where virtual currencies are exempt from VAT), the Netherlands
and Belarus (where cryptocurrencies are tax
exempt through the year
2023, and smart contracts have been declared as legal documents)
round out the top 10.
You can read the full
list here.
About
BlockShow
The BlockShow Europe
Conference is dedicated to discovering the hottest innovations and
trends happening in both European and Global blockchain scenes. It
will gather more than 3,000 attendees and over 150 projects, as
well as over 80 internationally recognized speakers and experts
from banks, institutions and numerous global industries. BlockShow
Europe will give exposure to the most innovative releases from
promising blockchain companies, as well as rich and versatile
insights on how they disrupt major global industries such as IoT,
AI, Cybersecurity, and many others. The representatives of Central
Banks and European governments will share their vision and current
experience of harnessing the Blockchain technology during the
event, as well. The event will take place in Berlin on May
28-29.
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