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.