Germany and US share top spot in global cryptocurrency ranking: report
US Climbs Rankings to Join Germany at Summit as Progressive Regulations and Institutional Adoption Drive Growth use of cryptocurrency in both countries.
New
Germany and the United States shared the spoils in the latest quarterly global cryptocurrency ranking published by the analysis firm Coincub.
The two countries now share the top rankings, with Germany giving way to the booming United States, after topping the rankings in the first quarter of 2022. Their dominance is due to progressive regulatory environments and d significant investments in Bitcoin (BTC) by traditional institutions.< /p>
Coincub's ranking counts points in nine general categories, which focus on government, financial services, population, taxation, talent development and industry participants, commerce, fraud and environmental potential. The current ranking system has introduced new sub-categories such as Crypto Training Courses and Initial Coin Offerings to create a more comprehensive gauge.
Germany's decision to allow its thrift industry to use crypto investments and benefit from a zero tax policy on capital gains from Bitcoin and Ether (ETH) held for longer one year old was one of the main reasons for his rise to the top of the rankings. rankings earlier this year.
The United States jumped from third place to first place, thanks to President Joe Biden's executive order on ensuring the responsible development of digital assets in March 2022. The directive aims to ensure the responsible development of digital assets. space, to ensure consumer protection and financial protection. stability and fight against illicit activities.
Coincub also cited global investment firm Fidelity's decision to include Bitcoin ex...
US Climbs Rankings to Join Germany at Summit as Progressive Regulations and Institutional Adoption Drive Growth use of cryptocurrency in both countries.
New
Germany and the United States shared the spoils in the latest quarterly global cryptocurrency ranking published by the analysis firm Coincub.
The two countries now share the top rankings, with Germany giving way to the booming United States, after topping the rankings in the first quarter of 2022. Their dominance is due to progressive regulatory environments and d significant investments in Bitcoin (BTC) by traditional institutions.< /p>
Coincub's ranking counts points in nine general categories, which focus on government, financial services, population, taxation, talent development and industry participants, commerce, fraud and environmental potential. The current ranking system has introduced new sub-categories such as Crypto Training Courses and Initial Coin Offerings to create a more comprehensive gauge.
Germany's decision to allow its thrift industry to use crypto investments and benefit from a zero tax policy on capital gains from Bitcoin and Ether (ETH) held for longer one year old was one of the main reasons for his rise to the top of the rankings. rankings earlier this year.
The United States jumped from third place to first place, thanks to President Joe Biden's executive order on ensuring the responsible development of digital assets in March 2022. The directive aims to ensure the responsible development of digital assets. space, to ensure consumer protection and financial protection. stability and fight against illicit activities.
Coincub also cited global investment firm Fidelity's decision to include Bitcoin ex...
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