World Best Country Regions for Cryptocurrency Business in 2024 Ranked, Dubai Tops the List

On October 14, Social Capital Markets reported that a ranking of the world's best countries and regions for cryptocurrency business in 2024 was released, with the top ten being Dubai, Switzerland, South Korea, Singapore, the U.S., Estonia, Italy, Russia, Germany, and Brazil.

Dubai is said to score the highest in terms of regulatory clarity, capital gains tax exemption, favorable corporate tax (9%), and affordable licensing fees, making it the top-ranked cryptocurrency destination.