#Slovenia The Most #Crypto Friendly Nation
The acceptance of crypto #currency is hitting the mainstream, and
governments across the world are pacing up to embrace this emerging
technology. We have already seen countries like Elsalvador and the Central
African Republic adopting bitcoin as their official currency. But how is
Slovenia, a central European country, the most crypto friendly country?
This isn't the first time central europe has ended up as the most crypto
friendly region. In Fact in a study conducted by the digital asset platform
Crypto Head, slovenia was declared the 7th most crypto ready country, with
a lot of central european countries ranking in the top 10s. That study also
used a number of parameters like the number of ATMs, the number of
annual crypto Google searches per 100,000 persons and a few more.
Slovenia is on top with respect to capitalization per capita of blockchains.
The country is quickly turning into the cryptocurrency and blockchain
capital of central europe with such fast adoption rates. The government of
Slovenia has a new legislation in the works that will allow them to properly
determine crypto holding and transactions of individuals and businesses for
taxation purposes. Multiple sources have confirmed a tax rate of 10% will
be levied for crypto to fiat exchange in slovenia very soon. The same tax
rates will also be applicable for any purchases made with crypto currencies.
It is yet to be soon how such taxation might affect the nation's crypto future.
But who are Fat Private jets, and why did they make the list? As we
mentioned at the start of the video, they are an aviation firm out of Italy that
offers clients a choice of luxurious fleet of private jets to choose from. Their
fleet includes LEARJET 60s, Gulfstreams and even Citation jets. But why
did they make such a list if they are only an aviation company? Today's
standard of benchmarking restaurants using the michelin stars was started
by the tire company michelin. This was a marketing strategy to sell more
tires, as the list will get people to dine at fancier restaurants, meaning they
will drive more, ultimately leading to more tire sales. In a similar fashion fast
private get’s study will get them more clients who would want to fly to these
crypto friendly holiday destinations.
With multiple industry leaders accepting crypto currency payments, crypto
mass adoption is just around the corner. Slovenia's bitcoin city, and a large
number of locations that accept bitcoin and other digital assets has brought
it to everyone's attention. All though it is yet to be seen if their crypto
friendliness rank remains the same after execution of the crypto taxation
legislation. For now, it serves as the crypto paradise, and a stepping stone
towards a future where crypto currencies will replace legal tender around
the world.
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