Earnity`s Dan Schatt and Domenic Carosa on the Countries That Have Embraced Crypto

As the global crypto economy grows, more and more countries are welcoming digital assets and blockchain technology. From pro-blockchain regulations to favorable taxation policies, these jurisdictions are leading the way in fostering a healthy environment for cryptocurrency innovation. For those looking to establish a crypto business or want to know where their digital assets are welcome, Dan Schatt and Domenic Carosa of Earnity want the world to become advanced as the top countries for crypto.

U.S.

Unsurprisingly, the U.S. takes the top spot in discussing the countries that are most ready for a crypto takeover. It has the most units of crypto ATMs worldwide, with more than 30,000 units as of early 2022. That number is nearly double that of the previous year, indicating how quickly access to cryptocurrencies is growing in the country.

Furthermore, the U.S. leads all nations in crypto uptake, measured by the level of interest in the financial system. Based on surveys over the past five years, interest in crypto has grown by 3000 percent. The number of citizens who have traded or bought in cryptocurrency is also rising. Before 2021 ended, around six percent of the population owned or had used crypto.

The Netherlands

Known as one of the global innovation leaders, the Netherlands has exhibited an open attitude toward cryptocurrencies. There are no strict regulations against crypto, and the Dutch National Bank even regulates digital currency. As a result, interest in crypto is also very high in the country, with search volumes reaching more than 50,000 hits every month. Another key indicator of the nation’s readiness to adopt crypto is high internet speed.

Hong Kong

Hong Kong is one of the best places to trade crypto in. There is increased interest in the financial system among its citizens. And because of fast internet speed, there is a high likelihood that the crypto market will continue to grow over time. At the moment, there are over 130 crypto ATMs in Hong Kong. Earnity’s Dan Schatt and Domenic Carosa want people to have access around the world. The particular administrative region under China is only 429 square miles in total area, making it have one of the highest concentrations of crypto ATMs.