{"id":13261,"date":"2022-07-18T05:05:58","date_gmt":"2022-07-18T05:05:58","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/germany-and-u-s-to-lead-in-q2-2022-crypto-ranking\/"},"modified":"2022-07-18T05:05:58","modified_gmt":"2022-07-18T05:05:58","slug":"germany-and-u-s-to-lead-in-q2-2022-crypto-ranking","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/germany-and-u-s-to-lead-in-q2-2022-crypto-ranking\/","title":{"rendered":"Germany and U.S To Lead in Q2 2022 Crypto Ranking"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<ul>\n<li><em><strong><span class=\"xn-location\">Germany<\/span> and the U.S. are tied for the title of the world\u2019s most crypto-friendly country<\/strong><\/em><\/li>\n<li><em><strong><span class=\"xn-location\">Switzerland<\/span> takes third place.<\/strong><\/em><\/li>\n<li><em><strong><span class=\"xn-location\">Singapore<\/span> drops to fourth place, and <span class=\"xn-location\">Australia<\/span> completes the top 5<\/strong><\/em><\/li>\n<li><em><strong>The European Union\u2019s MiCA and new U.S. crypto regulation set a global example<\/strong><\/em><\/li>\n<\/ul>\n<p>Germany is sharing the top spot with the United States in the latest <a href=\"https:\/\/coincub.com\/ranking\/the-coincub-q2-global-crypto-ranking-categories-2022\/\" rel=\"nofollow\">Q2 Coincub crypto rankings for 2022<\/a>. Both Germany and the U.S. scored strongly across multiple metrics. Germany took first place in the 2022 Q1 ranking, driven by the unprecedented decision by savings institution Sparkasse to allow Bitcoin investments. The U.S. has followed hard on its heels, but still hasn\u2019t quite managed to overtake the European nation. Germany\u2019s score might get a boost in Q3 following the EU\u2019s new regulatory framework for crypto, titled Markets in Crypto-Assets (<a href=\"https:\/\/igaming.org\/crypto\/no-bitcoin-ban-in-europe-as-eu-parliament-committee-votes-in-favor-of-alternative-provision\/\">MiCA<\/a>).<\/p>\n<p>The Biden administration\u2019s <a href=\"https:\/\/igaming.org\/crypto\/white-house-official-clarifies-impact-of-bidens-executive-order-on-crypto\/\">push for better cryptocurrency regulation<\/a> and anti-money laundering laws give the U.S. an advantage this quarter. Scores were also raised by pensions and investment giant Fidelity announcing in April that crypto would form part of the portfolios of American pension funds. This is as groundbreaking an endorsement of bitcoin as that by the Sparkasse savings institution in Germany.<\/p>\n<figure id=\"attachment_25678\" aria-describedby=\"caption-attachment-25678\" class=\"wp-caption aligncenter acss2a257\"><amp-img data-hero=\"\" class=\"size-full wp-image-25678 amp-wp-enforced-sizes\" src=\"https:\/\/igaming.org\/wp-content\/uploads\/2022\/07\/Coincub-Q2-rankings.jpg.webp\" alt=\"crypto ranking\" width=\"1024\" height=\"683\" srcset=\"https:\/\/igaming.org\/wp-content\/uploads\/2022\/07\/Coincub-Q2-rankings.jpg.webp 1024w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/07\/Coincub-Q2-rankings-300x200.jpg 300w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/07\/Coincub-Q2-rankings-768x512.jpg 768w\" layout=\"intrinsic\"><amp-img fallback=\"\" data-hero=\"\" class=\"size-full wp-image-25678 amp-wp-enforced-sizes\" src=\"https:\/\/igaming.org\/wp-content\/plugins\/accelerated-mobile-pages\/images\/SD-default-image.png\" alt=\"crypto ranking\" width=\"1024\" height=\"683\" srcset=\"https:\/\/igaming.org\/wp-content\/plugins\/accelerated-mobile-pages\/images\/SD-default-image.png 1024w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/07\/Coincub-Q2-rankings-300x200.jpg 300w, https:\/\/igaming.org\/wp-content\/uploads\/2022\/07\/Coincub-Q2-rankings-768x512.jpg 768w\" layout=\"intrinsic\"\/><\/amp-img><figcaption id=\"caption-attachment-25678\" class=\"wp-caption-text\"><em>Source: Coincub<\/em><\/figcaption><\/figure>\n<p>Moving up into third place is Switzerland, which has steadily risen through the rankings thanks to progressive legislation and high trading volumes. The Swiss ranking was improved by the Canton of Lugano\u2019s decision to use <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">Bitcoin<\/a> as de facto legal tender. In Lugano, Bitcoin can now be used for everything from watches to taxes.<\/p>\n<p>In fourth place is\u00a0Singapore. The city-state took first place in the 2021 Q4 ranking but has since ceded ground to other countries.\u00a0Singapore\u00a0is still a crypto powerhouse thanks to a high concentration of crypto holders and ICOs. Restrictions on the third-party advertising of virtual asset service providers (VASPs) have lowered its score.<\/p>\n<p>In Q4 2021, Australia was in second place behind Singapore. Q2 2022 saw it fall to fifth place simply by being overtaken, rather than by any adverse policies.<\/p>\n<p>Coincub CEO Sergiu Hamza commented<\/p>\n<blockquote>\n<p><em>\u201cIn the quarterly rankings, all governmental moves to legitimize crypto investment, safeguard consumers, and consolidate strategy boost a country\u2019s crypto economy and score highly within our ranking criteria.\u201d<\/em><\/p>\n<\/blockquote>\n<h2>Methodology<\/h2>\n<p>The Q2 rankings have been calculated with data assembled up to the recent market falls in crypto prices. All Coincub rankings are compiled from wide-ranging data that goes beyond price. These include government policies toward cryptocurrency, current legislation, taxes, investments, blockchain education courses, crypto startups, and the status of CBDCs. These criteria provide a comprehensive account of the crypto economy and blockchain acceptance within any country.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/germany-and-u-s-to-lead-in-q2-2022-crypto-ranking\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Germany and the U.S. are tied for the title of the world\u2019s most crypto-friendly country Switzerland takes third place. Singapore drops to fourth place, and Australia completes the top 5 The European Union\u2019s MiCA and new U.S. crypto regulation set a global example Germany is sharing [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13262,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13261"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=13261"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/13261\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/13262"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=13261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=13261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=13261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}