How Germany Has Changed the Future of Crypto
Countries around the world are being forced to recognize that cryptocurrencies are here to stay. This newfound recognition subsequently elicits taxation and legislation from governments on how to manage profits.
In general, taxes are typically seen as barriers to developing an economy. As a result, corporations are incentivized to conduct more business when taxes are low because it simply costs less to do business.
Similar thinking can be applied to crypto. A country that has low taxes incentivizes economic development around crypto and blockchain technologies. As a result, both citizens and businesses can reap the rewards.
Source Fool.com
