UAE- Dubai, with its many policies that support blockchain technology, is emerging as one of the best markets for cryptocurrency trading.
Singapore has been a hub for fintech and crypto, and the country's government has been actively encouraging the adoption and development of blockchain technology
Saudi Arabia- They are considering pro-crypto regulations to compete with other Gulf countries and eliminate its currency’s dependence on the US dollar.
Hong Kong has committed to attracting over 1,000 crypto companies and projects to their jurisdiction and has reportedly signed off on Hong Kong's crypto plans.
France has become the most crypto-friendly country in Europe outside of Switzerland and has announced better crypto regulations, possibly as an attempt to retain economic growth
Nonetheless, France's pro-crypto stance could inspire other countries to do the same, particularly in African and Middle Eastern countries.
When will the next bull happen amidst bad economic fundamentals caused by factors like high energy costs and inflation due to the war in Ukraine?