Which country do you think is the most favorable for the crypto market & its policy?
It depends if you are speaking as individual or as a company, but in general Portugal is very friendly for users, there are no taxes so far for holding crypto and I know some people from US who moved and live there.
Crypto is very popular in Slovenia and there are many shops accepting crypto for every day purchases, Switzerland is good and they have crypto valley canton of Zug, and Malta is also good because there have low taxes and good crypto regulations.