Tiny as it may seem this European country of only 2 million populations has more retail locations accepting bitcoin cash payments than the entire United States.
One of the reasons behind the thriving cryptocurrency ecosystem in the country is the simple fact that its government has taken a welcoming regulatory attitude towards the nascent industry.
Cryptocurrency in Slovenia is not only legal but also tax free where in capital income from trading cryptocurrency is not subject to income tax for individual.
The country’s political leadership is also very open and receptive to innovation, through the leadership of Prime minister Miro Cerar the country has become attractive to entrepreneurs in the growing digital asset industry.
Much of Slovenia’s success in cryptocurrency adoption can be attributed to Eligma, a blockchain startup that developed Elipay that enables in –shop mobile purchases with BCH, BTC, ETH and its own token ELI token.
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