Several countries are racing to become the world capital of cryptocurrency technologies. Bermuda, Gibraltar, and Malta are now competing with France to lure cryptocurrency companies to establish headquarters in their respective capitals.
Advancing Initiatives to Expedite the Growth of the Crypto Industry
Tax havens and business paradises such as Bermuda, Gibraltar, Liechtenstein, and Malta are fiercely strategizing about how to attract crypto entrepreneurs. These countries and territories are passing or easing legislation to make their environments more enticing for crypto businesses. The New York Times reports,