Friendliest of them all? These could be the best countries for crypto

He continued: Since 2017, the crypto industry has suffered a number of regulatory actions from U.S. regulators, from initial coin offering lawsuits to charges against companies such as BitMEX. Meanwhile, Rob Viglione, co-founder and CEO of Horizen, told Cointelegraph, that he sees Puerto Rico as the top place for crypto, although he answered the question in light of the best crypto location for U.S. persons.

One other complicated component of U.S. crypto taxation: Crypto is not viewed as property, so users must report every trade as a gain or loss, contrary to like-kind exemptions. But tax aspects aside, Puerto Rico hosts a strong cryptocurrency scene, according to Viglione: Kosala Hemachandra, founder and CEO of MyEtherWallet, also recently gave his take on what he sees as the best region for crypto.

Timeline of Horizen