Ljubljana, the capital of Slovenia, has been recognized as the world’s most crypto-friendly city according to the 2025 Crypto-Friendly Cities Index released by migration advisory firm Multipolitan. The city outperformed major global financial hubs like Hong Kong and Zurich, which tied for second place, showcasing its robust digital infrastructure and progressive regulatory environment.
Key Takeaways
- Ljubljana ranks first in the Crypto-Friendly Cities Index, surpassing Hong Kong and Zurich.
- The city leads in crypto wealth concentration, with average holdings of $240,500 per investor.
- Slovenia proposes a 25% tax on personal crypto gains, set to take effect in 2026.
Factors Contributing To Ljubljana’s Ranking
Multipolitan’s index evaluated 20 cities based on several criteria, including:
- Regulatory Environment: The clarity and support for crypto businesses.
- Tax Policies: Favorable tax regimes that encourage investment.
- Digital Infrastructure: Availability of high-speed internet and crypto ATMs.
- Lifestyle Considerations: The overall acceptance of cryptocurrency in daily transactions.
Ljubljana’s strong crypto culture is evident with over 150 crypto ATMs and numerous retail locations accepting digital currencies, making it a leader in real-world adoption.
Comparison With Other Cities
The following cities ranked closely behind Ljubljana:
- Hong Kong: Known for its regulatory clarity and a growing number of licensed crypto firms.
- Zurich: Tied with Hong Kong, recognized for its economic stability and smart city initiatives.
- Singapore: Ranked fourth, benefiting from low taxes and a proactive approach to attracting crypto businesses.
- Abu Dhabi: Fifth place, with favorable regulations for blockchain companies.
Slovenia’s Crypto Wealth Concentration
In addition to its top ranking in crypto-friendliness, Slovenia also leads in the Crypto Wealth Concentration Index. The average Slovenian crypto holder possesses approximately $240,500 in digital assets, significantly higher than:
- Cyprus: $175,000
- Hong Kong: $97,500
- United States: $23,300 (ranked 17th)
This high concentration of wealth in digital assets reflects Slovenia’s growing acceptance and integration of cryptocurrency into its economy.
Proposed Tax Changes
Despite its crypto-friendly environment, Slovenia’s Ministry of Finance has proposed a 25% tax on personal gains from cryptocurrency sales, set to take effect on January 1, 2026, if approved. This tax will apply to:
- Conversions of crypto to fiat currency.
- Spending crypto on goods and services.
However, crypto-to-crypto transactions and wallet transfers will remain exempt. The government anticipates this tax could generate between €2.5 million to €25 million annually, although critics warn it may deter innovation and push crypto talent to more favorable jurisdictions.
Conclusion
Ljubljana’s recognition as the most crypto-friendly city in the world highlights its commitment to fostering a supportive environment for cryptocurrency and blockchain technology. With a strong local ecosystem, favorable regulations, and a vibrant community, Slovenia is poised to continue its leadership in the global crypto landscape.
Sources
- Slovenia Capital Ljubljana Ranked World’s Most Crypto-Friendly City By Multipolitan, 99Bitcoins.
- Slovenia Capital Ljubljana Tops Global Crypto-Friendly Cities Ranking – Crypto News Bitcoin News, Bitcoin.com News.
- Slovenia’s Ljubljana ranked world’s most crypto-friendly city, ahead of Hong Kong and Singapore, Crypto News.
- Hong Kong Ranks 2nd In Global ‘Crypto Friendliness,’ Following Slovenia In New Report, Bitcoinist.com.
- Slovenia’s capital of Ljubljana ranked as world’s most crypto-friendly city, Cointelegraph.