ChainCatcher reported that according to Social Capital Markets, the ranking of the countries and regions most suitable for cryptocurrency business in 2024 has been released. The top ten are: Dubai, Switzerland, South Korea, Singapore, the United States, Estonia, Italy, Russia, Germany, and Brazil.

It is reported that Dubai scored the highest in regulatory clarity, exemption from capital gains tax, preferential corporate tax (9%), and affordable licensing fees, making it the number one cryptocurrency destination.