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 bitcoiners, there are no taxes so far for holding crypto and I know some people from US who moved and live there now.
Crypto is very popular in
Slovenia and there are many shops accepting crypto for every day purchases,
Switzerland is nice and they have crypto valley canton of Zug, and
Malta is also good because there have low taxes and good crypto regulations.
It's good to see these countries are favorable to crypto but do they have protected it through law and regulated it?
Every country is favourable unless they have put blanket ban but to me the most favourable coutry is the one that accept btc an currency.