Slovenia’s capital Ljubljana is ranked the world’s most crypto-friendly city

Slovenia's capital Ljubljana has been named the world's most crypto-friendly city, according to immigration consultancy Multipolitan.

Ljubljana ranked ahead of Hong Kong and Zurich, the Swiss economic powerhouse, in the Crypto 2025 Report's Crypto-Friendly Cities Index, which tied for second place.

The index ranks 20 cities, assessing their crypto-friendliness based on their regulations, tax environment, living factors, and digital and crypto infrastructure.

Multipolitan said the evaluation included aspects such as the city's licensing framework, capital gains tax rate, GDP per capita, housing affordability, and internet speed.

"We analyzed the distribution of cryptocurrency ATMs and retail adoption rates to reflect the degree of crypto cultural penetration in each city," the company explained. "High concentrations of these assets received the highest score."

After tying for second place, Singapore and Abu Dhabi, the capital of the United Arab Emirates, ranked fourth and fifth, respectively. Both cities are attractive to businesses for offering low or zero tax policies, while also attracting cryptocurrency companies by developing industry-specific licensing and regulatory regimes.

Madison, the capital of Wisconsin, is the only city in the Americas to make the list, tied for 11th place with Riga, the capital of Latvia, Doha, the capital of Qatar, and Riyadh, the capital of Saudi Arabia.

Slovenia embraces cryptocurrencies

Slovenia also tops Multipolitan's Crypto Wealth Concentration Index. The index combines cryptocurrency ownership and trading volume, and data shows that Slovenian cryptocurrency holders hold an average of $240,500 worth of assets.

This figure is $65,000 higher than Cyprus, which ranks second, where cryptocurrency holders hold an average of about $175,000 in assets. Hong Kong ranks third, with an average of $97,500 in assets.

In this list of 20 countries and regions, the United States ranks at the bottom, ranking 17th, with an average cryptocurrency holding of about $23,300, just slightly higher than Malaysia's $21,000.

As a member of the European Union, Slovenia regulates cryptocurrencies in accordance with the EU Crypto Asset Market Regulation (MiCA), which has been widely praised by the industry.

Ljubljana is home to blockchain initiative Blockchain Alliance Europe, which is also home to blockchain real estate platform Blocksquare, which partnered with Vera Capital on April 18 to tokenize $1 billion worth of U.S. real estate.