These countries were ranked highly in terms of legal clarity, favorable tax rates, number of crypto companies registered, and multiple crypto payment options.

Dubai, Switzerland, and South Korea were named as the top destinations for crypto projects in 2024. According to a report by Social Capital Markets, these countries rank highly in terms of legal clarity, and have reasonable corporate and capital gains tax rates. Furthermore, these countries host a large number of crypto companies registered in them, and they offer a wide range of crypto payment options.

Each of the above criteria was scored out of 20 points, with a total of 100 points, to be used to rank the top 10 crypto-friendly countries.