Liechtenstein is once again recognized as having the most advanced tax policy for cryptocurrencies and other digital assets. PricewaterhouseCoopers, an international audit and consulting firm, called Liechtenstein’s policy “the most comprehensive in the world.”

The PwC Cryptoasset Tax Index assesses the complexity of countries’ tax policies in relation to digital assets and transactions with them. Australia and Malta also took the leading position in the rating.

Behind them in the ranking are Germany, Singapore, Switzerland and Hong Kong. The last place was shared by 12 countries that received zero points (Mexico, Turkey, Vietnam, Saudi Arabia, United Arab Emirates, etc.).

In total, in the rating, auditors assessed the taxation of digital assets in 41 countries, and Belarus was not included in their number.

Meanwhile, Austria, Hungary, Portugal, South Korea, Luxembourg, El Salvador and Jersey were in the status of newcomers in the ranking.

PwC analysts believe that there is a speed in the digital asset space that is not possible in other sectors of the economy. Therefore, the norms of taxation of cryptoassets may lag behind the accumulated growth rates.