The UAE just got a whole lot friendlier with its new no tax policy on crypto. Like El Salvador, the UAE may just become the next haven for crypto enthusiasts. Most countries in Europe tax over 30% of your profits. Do you think the UK and other countries in Europe will make such a move in the near future?
One thing I believe contributes to how crypto-friendly a country can be is if they have lovers of crypto in their law makers list, which can propose some change and also put some pressure on it in order for such a law to get implemented.
Those crypto-friendly laws are what we need to be reading; at least let there be a little bit of freedom in terms of making trade and enjoying profit since the losses are not shared with the government.