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Ljubljana Beats Hong Kong & Singapore as World's Crypto Capital!

Ljubljana Beats Hong Kong & Singapore as World's Crypto Capital!

Date: 2025-04-25 06:25:05 | By Clara Whitlock

Ljubljana Stuns Crypto World, Takes No.1 Spot in Global Rankings!

From Underdog to Champion: Slovenia's Capital Beats Out Giants

Hold onto your hats, folks! Ljubljana, the vibrant heart of Slovenia, has just been crowned the world's most crypto-friendly city according to Multipolitan's sizzling 2025 Crypto Cities Index. Can you believe it?

This unassuming city didn't just win; it left heavy hitters like Hong Kong, Zurich, Singapore, and Abu Dhabi in the dust, snatching that top spot with flair!

What's the secret sauce? While those big-name cities have been strutting their stuff in digital finance for ages, Ljubljana's got a killer combo of top-notch crypto infrastructure, forward-thinking laws, and real-world use that's got everyone talking.

Multipolitan didn't mess around with their analysis. They looked at everything from tax breaks and licensing rules to internet speeds, capital gains taxes, and even the spread of crypto ATMs across the city.

But here's the real kicker: Ljubljana's got a crypto culture that's off the charts. With over 150 crypto ATMs and a ton of shops ready to take your digital coins, this city's living the crypto dream in a way that's rare for its size. It's not just about trading on screens here; it's about using crypto in everyday life!

And that's not all. Ljubljana's got a buzzing local scene too. It's the home base for the Blockchain Alliance Europe and hosts platforms like Blocksquare, which just teamed up with Vera Capital to shake up the real estate game with a cool $1 billion in tokenized properties.

Runners-Up Bring Their A-Game

Don't feel too bad for Hong Kong, though. They snagged second place, thanks to their clear rules and a growing list of virtual asset licenses. Since 2022, they've been tightening up their game, licensing ten trading platforms and rolling out new compliance rules for crypto firms.

Despite the high costs of playing by the rules, Hong Kong's still pulling in crypto talent like a magnet. Big events like Consensus are expanding there, and industry stars like CZ and Vitalik Buterin are making regular appearances.

Zurich's not far behind, tying with Hong Kong for second. This city's known for being smart and stable, scoring big on infrastructure and wealth. Singapore and Abu Dhabi round out the top five, both riding high on tax-friendly vibes and special efforts to lure in crypto businesses.

And guess what? Slovenia's not just winning in the city rankings. They're also topping the charts in the Crypto Wealth Concentration Index. The average Slovenian crypto holder's sitting pretty with around $240,500 in digital assets, blowing Cyprus at $175,000 and Hong Kong at $97,500 out of the water. Meanwhile, U.S. residents are holding just over $23,000, landing them in 17th place.

Slovenia's Crypto Tax Twist

But hold up, there's a twist in the tale. Slovenia's planning to throw a 25% tax on personal crypto profits starting in 2026. That's right, if you're turning your crypto into cash or using it to buy stuff, you'll be paying up. But don't worry, crypto-to-crypto trades and moving coins between your own wallets will still be tax-free.

The government's hoping this move will rake in up to €25 million a year, but not everyone's on board. Critics are worried it might kill the buzz and send Slovenia's crypto talent packing to greener pastures.

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