CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Moralis Money
CoinTelegraph 2025-04-25 01:53:59

Slovenia’s capital of Ljubljana ranked as world’s most crypto-friendly city

The capital city of Slovenia — Ljubljana — has been named the world’s most crypto-friendly city by migration advisory firm Multipolitan. The city outranked runners-up Hong Kong and Switzerland’s economic powerhouse Züric, which scored the same in the Crypto-Friendly Cities Index, found in its 2025 Crypto Report. The index featured 20 cities and ranked their crypto-friendliness based on their regulations, tax environment , lifestyle factors and digital and crypto infrastructure. Multipolitan said its evaluation included weighing areas such as a city’s licensing frameworks, capital gains tax rates, GDP per capita, housing affordability and internet speeds. “The presence of crypto ATMs and retail adoption rates were analysed to reflect each city’s embedded cryptocurrency culture,” it explained. “High concentrations of these assets earned the top scores.” The city-state of Singapore and the United Arab Emirates’ capital of Abu Dhabi were respectively ranked fourth and fifth after the second-place tie. Both cities were already attractive to businesses due to offering low or no taxes, but they’ve also worked to attract crypto companies with industry-specific licensing and regulatory regimes. Sydney, Australia’s most populous city, ranked in the middle of the pack in 10th spot, with the report noting it was home to the most crypto ATMs of the group. Source: Multipolitan Madison, the capital city of the US state of Wisconsin, was the only city in the Americas to rank on the index, hitting the same 11th place score as Latvia’s capital of Riga, Qatar’s capital of Doha, and Saudi Arabia’s capital of Riyadh. Slovenia’s crypto embrace Slovenia also topped Multipolitan’s Crypto Wealth Concentration Index, combining crypto ownership rates and trading volumes, which reported that the average Slovenian crypto owner held around $240,500 worth of assets. The figure outranked second-place Cyprus by over $65,000, with the average crypto-holding Cypriot hanging onto around $175,000. Hong Kong came in third with holdings averaging $97,500. Related: Slovenia’s finance ministry floats 25% tax on crypto transactions The US ranked at the bottom of the 20-strong list, coming in 17th spot with average crypto holdings of around $23,300, just above Malaysia’s nearly $21,000 average holdings. Slovenia, being part of the EU, regulates crypto under the bloc’s Markets in Crypto-Assets Regulation ( MiCA ), which the industry received as mostly positive. The advocacy group Blockchain Alliance Europe is based in Ljubljana. The city also houses the blockchain real estate platform Blocksquare, which teamed up with Vera Capital on April 18 to tokenize $1 billion worth of US real estate. Magazine: Tbilisi Crypto City Guide: Crypto is used for payments in Georgia, not to get rich

https://www.digistore24.com/redir/325658/ceobig/
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.