Which U.S. state is the most crypto-friendly?…No. 1 is New Hampshire

Source
Uk Jin

Summary

  • It was reported that New Hampshire was selected as the most crypto-friendly state in the U.S.
  • A 0% capital gains tax, diverse crypto infrastructure, and relaxed regulations were cited as the main reasons for New Hampshire's high rating.
  • It was explained that the crypto industry is greatly influenced by state government tax policies and regulatory clarity.

New Hampshire has been selected as the most crypto-friendly state in the United States.

On the 2nd (local time), CoinDesk, a media platform specializing in cryptocurrency, cited research by digital mining hardware manufacturer ASICKey and reported that New Hampshire was chosen as the most crypto-friendly state in the U.S.

New Hampshire received a score of 71.22 out of 100, thanks to its 0% capital gains tax, diverse crypto infrastructure, and relaxed regulations.

Wyoming ranked second with a score of 61.89. The high density of blockchain-related businesses and affordable electricity prices are Wyoming's strengths.

Nevada, Texas, and Alaska followed after that.

CoinDesk explained that "the crypto industry is greatly affected by state government tax policies and regulatory clarity," adding, "Low taxes and clear regulatory direction are key factors driving infrastructure development and job creation."

publisher img

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
What did you think of the article you just read?