#bulgaria

Crypto Regulations in Bulgaria

Crypto Regulations in Bulgaria

Bulgaria stands out as the EU's top destination for crypto businesses due to its unique approach where profit size does not impact the tax rate. This favorable environment has attracted numerous digital companies to register their operations in the country.

Iaroslava Kramarenko 8 Feb 2024

Nexo Exonerated as Bulgarian Officials End Investigation

Nexo Exonerated as Bulgarian Officials End Investigation

Bulgaria's law enforcement agencies have concluded their investigation into Nexo, a leading crypto lending service, without finding any evidence of illegal conduct. The authorities made a formal announcement regarding the closure of the investigation.

23 Dec 2023

Nexo Files $3B Claim Against Bulgaria

Nexo Files $3B Claim Against Bulgaria

In a bold legal move, Nexo has filed a lawsuit seeking $3 billion from Bulgarian regulators, citing a lack of evidence in a case that questioned the legality of the crypto platform leaders' actions.

Iaroslava Kramarenko 26 Jan 2024

The Top Crypto-Friendly Countries of 2023

The Top Crypto-Friendly Countries of 2023

An analysis of crypto accessibility via ATMs, business adoption, legal frameworks, and overall availability has identified the frontrunners for 2023 as Hong Kong, Switzerland, the USA, Georgia, Slovenia, Canada, Australia, Germany, Bulgaria, and Panama.

15 Sept 2023

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