Europe has been successful in distinguishing itself as a global hub for crypto, according to an in-depth report that analyzed international tax jurisdictions around the world published yesterday by Coincub.

The report offers detailed information regarding every country’s tax regime for digital assets, and ranks nations and regions as well as identifying trends.

Coincub, a startup that specializes in off-chain market data, uses a variety of data points from Glassnode, PwC Consulting, and the Tax Foundation among others for their research, according to the company’s Chief Executive Officer, Sergiu Hamza.

“The main trends we identify over and over is that Europe is a massive hub for crypto due to its strict approach to regulation which made the industry flourish,” Hamza told Decrypt. He noted that 11 out of the top 20 ranked countrie

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Author: Pedro Solimano

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