In Asia, the most advanced country in terms of blockchain and cryptocurrencies is Japan. In Europe, Malta claims the place of such a country. No wonder the exchange Binance moved to Malta. I think that the economy of Malta will grow several times thanks to cryptocurrencies.
I agree that Binance moved there because they are very open about crypto and you can find a few country that is legally open to crypto. And if you guys would look at Malta, they are one of the first countries to embrace online gambling, which really a thriving business not just in Europe but all over the world now and since crypto has been used as a standards, it makes sense for them to really become a crypto hub. And they offer a lot of incentives like very low tax or big tax exemptions. I'm sure that Binance has started the precedence and more big trading exchanges will move to Malta once they have been pressure by their local governments.