Germany is the most cryptocurrency-friendly country in the world

Sparkasse's (Germany's largest financial institution) company) aims to offer its nearly 50 million consumers the prospect of digital assets, which speaks to the country's recent attitude toward cryptocurrencies

Singapore, the leader in the fourth quarter 2021, is now in second place, while the United States, the world's largest economy, is in third. The top five is completed by Australia and Switzerland.

Sergiu Hamza, CEO of Coincub, said his organization strives to provide the most accurate portrayal of the recent cryptocurrency movement. (Digital Asset Course), as well as the number of ICOs in each region.

"As events evolve, we move beyond legislation or pure numbers, introducing these new dimensions that he added are critical to defining a country's "cryptocurrency friendliness" or maturity.

Other countries that have improved their cryptocurrency friendliness include the Netherlands, France and Spain. Coincuba said they are rising because they all have a good attitude toward the industry. In addition, the number of crypto transactions has increased, as has the establishment of blockchain companies.

Switzerland is also among the top 10. This is largely due to news that its southern city of Lugano is ready to