According to the latest analysis report of Coincub in the first quarter of 2022, Germany has replaced Singapore as the most friendly country for cryptocurrencies. Only last year Germany came in fourth on the list. Coincub ranks 46 countries every year, and the ranking indicators involved mainly include the prevalence of fraud cases in each country/region and the encryption courses offered by leading institutions. The latest rankings show that Germany is the first, Singapore is the second, and the United States is the third. In addition, the United States ranks first in terms of mining, as the country has about 35% of the world’s hash rate, well ahead of second-placed Kazakhstan, which has about 18% of the total hash rate.
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