Crypto hub countries

in #crypto • last year

As some countries appear to be clamping down on crypto activity (the USA, China, the European Union), other countries appear to be trying to become crypto hubs.

The UK has just passed financial services legislation that aims to create a stable framework for crypto trading.

Dubai has licenced many crypto exchanges.

Tron has become legal tender on the Carribean island of Dominica.

Finally, El Salvador has legalised bitcoin and has issued licences to both Binance and Bitfinex (which is related to Tether).

All four are in a race to become the dominant off-shore crypto hub.

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