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Topic: ASIAN CRYPTO FRIENDLY COUNTRIES (Read 975 times)

sr. member
Activity: 910
Merit: 261
★Bitvest.io★ Play Plinko or Invest!
December 30, 2019, 03:04:22 PM
I think Chinese will be the next in line to become Blockchain friendly country. As everyone said Japan will be the top most crypto friendly country. I have heard South Korea is also becoming one of the crypto friendly country.
Blockchain friendly and crypto friendly are completely different concepts altogether, China is planning to implement the blockchain and so does majority of the nations around the world but what are the countries that will accept bitcoin and other crypto is a different question altogether and i doubt China will be accepting crypto and that is the stand they are taking for the past few years and i do not expect any changes anytime soon.
China is starting to adopt blockchain technology and they are already planning to launch their own currency just like Facebook's Libra coin, but crypto mining is still banned in china due to the increase of scams. But countries like Japan, Singapore, and Hongkong are really crypto friendly because they truly believe to it's potential that it gives them benefits to them.
legendary
Activity: 2282
Merit: 1023
December 30, 2019, 10:43:16 AM
I think Chinese will be the next in line to become Blockchain friendly country. As everyone said Japan will be the top most crypto friendly country. I have heard South Korea is also becoming one of the crypto friendly country.
Blockchain friendly and crypto friendly are completely different concepts altogether, China is planning to implement the blockchain and so does majority of the nations around the world but what are the countries that will accept bitcoin and other crypto is a different question altogether and i doubt China will be accepting crypto and that is the stand they are taking for the past few years and i do not expect any changes anytime soon.
sr. member
Activity: 756
Merit: 268
December 30, 2019, 10:24:16 AM
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393

Indeed Asia offers a huge contribution to the crypto world and those countries that are considered to be the heart of crypto in Asia are all rich and resembles a great progress when it comes to technology. We can actually consider the Philippines as a huge contributor to the crypto world. Amidst being a third world country, it still has many investors which offers much in different altcoins. The technology also in the Philippines is already improving that's why I'm pretty sure it would keep up in the changes occuring in the crypto world.
sr. member
Activity: 630
Merit: 265
December 28, 2019, 12:35:39 PM
I have visited singapore and japan, and it's true that they are crypto friendly countries that they are now a lot of stores who are already accepting cryptocurrency as a payment method, but there are still more people in their country who does not have any interest to buy bitcoin or amy other cryptocurrency because they don't believe on it's benefits that will given to them.
legendary
Activity: 1596
Merit: 1034
December 28, 2019, 02:17:36 AM
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393
as far as I know, Japan and Singapore are the countries that accept Bitcoin the most,
Japan is very concerned about technology and Singapore is one country with an open mind, both countries are very accepting of Bitcoin even though many other countries reject it and afraid.
Usually developed countries in Asia are always more advanced in terms of technology, able and willing to adopt the progress. as well as bitcoin they are very supportive of the convenience provided. to my knowledge Japan and Singapore are the most ready countries and there are some countries that have also been able to accept but are still constrained by regulations that have not yet been formed.
i have visited singapore a lot of times , they are the most crypto friendly in asia.

a lot of crypto project registered and operated there. even though i don't see there is a lot of restaurants or bar that publicly reveal that they are accepting bitcoin as a payment, i am sure there is a lot of merchants willing to accept bitcoin or any other cryptocurrency as a payment processor if you talk and ask them.

the bitcoin atm also pretty much available near some malls , forgot which one but i found 3 of them.
singapore simply a very friendly for those who looking for settling crypto business.
sr. member
Activity: 784
Merit: 250
December 28, 2019, 12:29:16 AM
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393
as far as I know, Japan and Singapore are the countries that accept Bitcoin the most,
Japan is very concerned about technology and Singapore is one country with an open mind, both countries are very accepting of Bitcoin even though many other countries reject it and afraid.
Yes that right, Even Japan has legalized Bitcoin there, they have accepted Bitcoin as a legal payment tool.
Singapore is now very friendly with Cryptocurrency. Many exchanges have been circulating there.
sr. member
Activity: 1456
Merit: 359
December 27, 2019, 11:49:43 PM
I think Chinese will be the next in line to become Blockchain friendly country. As everyone said Japan will be the top most crypto friendly country. I have heard South Korea is also becoming one of the crypto friendly country.
China is currently researching blockchain, but theynot friendly with cryptocurrency projects and corporations related to it. Recently, the Chinese government is very strict in controlling cryptocurrency, they force the offices related to the projects to close. And the exchanges in China are also suspended, I don't know why they have to do that but it is very likely that the Chinese government will open an exchange for their own nation in the future.
That's correct, they recently banned bitcoin in their country. They are not one of the friendly cryptocurrencies countries in asia. They have strict regulations in cryptocurrencies and there are also penalty for those people who illegally using cryptocurrencies. There are only few asian countries that are crypto friendly like Singapore and Japan where many people are using bitcoin legally.
legendary
Activity: 1498
Merit: 1000
December 27, 2019, 10:05:51 PM
I think Chinese will be the next in line to become Blockchain friendly country. As everyone said Japan will be the top most crypto friendly country. I have heard South Korea is also becoming one of the crypto friendly country.
China is currently researching blockchain, but theynot friendly with cryptocurrency projects and corporations related to it. Recently, the Chinese government is very strict in controlling cryptocurrency, they force the offices related to the projects to close. And the exchanges in China are also suspended, I don't know why they have to do that but it is very likely that the Chinese government will open an exchange for their own nation in the future.
full member
Activity: 1708
Merit: 105
December 27, 2019, 05:48:11 PM
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393
as far as I know, Japan and Singapore are the countries that accept Bitcoin the most,
Japan is very concerned about technology and Singapore is one country with an open mind, both countries are very accepting of Bitcoin even though many other countries reject it and afraid.
Usually developed countries in Asia are always more advanced in terms of technology, able and willing to adopt the progress. as well as bitcoin they are very supportive of the convenience provided. to my knowledge Japan and Singapore are the most ready countries and there are some countries that have also been able to accept but are still constrained by regulations that have not yet been formed.
sr. member
Activity: 2338
Merit: 365
December 27, 2019, 05:05:30 PM
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393
as far as I know, Japan and Singapore are the countries that accept Bitcoin the most,
Japan is very concerned about technology and Singapore is one country with an open mind, both countries are very accepting of Bitcoin even though many other countries reject it and afraid.
newbie
Activity: 35
Merit: 0
December 27, 2019, 12:28:02 PM
I think Chinese will be the next in line to become Blockchain friendly country. As everyone said Japan will be the top most crypto friendly country. I have heard South Korea is also becoming one of the crypto friendly country.

I've already seen news about China kicking out western crypto/blockchain companies from their Chinese offices. Couple weeks later (so it was like yesterday) we can see news about Chinese companies starting their research on crypto currency developing.
So you get the conclusion - China is blockchain/crypto friendly country but in its own way
hero member
Activity: 1106
Merit: 503
BabelFish - FISH Token Sale at Sovryn
December 27, 2019, 11:45:41 AM
I think Chinese will be the next in line to become Blockchain friendly country. As everyone said Japan will be the top most crypto friendly country. I have heard South Korea is also becoming one of the crypto friendly country.
full member
Activity: 1204
Merit: 104
December 27, 2019, 10:55:44 AM
#99
I think that all of Asia is actively using cryptocurrency to one degree or another.  At least the residents of this region are very interested in the cryptocurrency market.  Of course, their governments do not always support the desires of their people, but nevertheless, except Japan, the Philippines and South Korea, even China and North Korea also belong to those countries that are interested in cryptocurrency.  Although their interest is very different from each other.  Despite the fact that, for example, China and India very often speak negatively about the cryptocurrency, they do it because they want to control this market and financial turnover and therefore want to have their own national cryptocurrency in order to profit from the cryptocurrency market themselves.  For example, North Korea also plans to use cryptocurrency, but only in order to circumvent US sanctions.
full member
Activity: 1526
Merit: 111
Pepemo.vip
December 27, 2019, 05:17:14 AM
#98
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393


I think that South Korea should be on the list as well.
They have a lot of blockchain hubs created all around the country. The most important country of all is Japan where they clearly have adopted the blockchain technology by placing crypto ATMs in a lot of spots.

Besides South Korea, Philippines should be listed as well as those 4 that you've stated. Because here in the Philippines, the government doesn't care about how cryptocurrency regulates in this country. They just get taxes or fees in the exchange so that they will still benefit those people who uses crypto.
on the other hand the Philippines has reportedly included cryptocurrency in formal subjects. the steps taken by the government indicate that the Philippines is serious about teaching its citizens to understand crypto, maybe because the government sees the future, so it doesn't want to be left behind by others
full member
Activity: 742
Merit: 160
December 27, 2019, 04:07:22 AM
#97
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393

In my opinion, Asian countries are no longer dependent on the dollar, and they are trying to escape from the dollar. currently the country with the strongest economy is China. and there crypto is very large. so to be on par with the others, the decision to accept crypto is the best choice. because with crypto. currency is to be equal. meanwhile, why is a big country like the US so difficult to accept crypto. maybe they don't want to lose their popularity in the world. so long as the dollar is still influential in the world. they will continue to ensure that crypto is not safe.
I see it coming back then, from the moment that China declare a trade war with U.S. I knew it was something that cutting with ties not only with China and U.S. but also the majority of Asian countries. I noticed that there is a high competition of cryptocurrency among European countries and what does the majority of Asians do is just using it so maybe that is why Asian countries are more crypto friendly.
sr. member
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
December 27, 2019, 04:07:03 AM
#96
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393


I think that South Korea should be on the list as well.
They have a lot of blockchain hubs created all around the country. The most important country of all is Japan where they clearly have adopted the blockchain technology by placing crypto ATMs in a lot of spots.

Besides South Korea, Philippines should be listed as well as those 4 that you've stated. Because here in the Philippines, the government doesn't care about how cryptocurrency regulates in this country. They just get taxes or fees in the exchange so that they will still benefit those people who uses crypto.
full member
Activity: 1750
Merit: 118
December 27, 2019, 02:07:32 AM
#95
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393

In my opinion, Asian countries are no longer dependent on the dollar, and they are trying to escape from the dollar. currently the country with the strongest economy is China. and there crypto is very large. so to be on par with the others, the decision to accept crypto is the best choice. because with crypto. currency is to be equal. meanwhile, why is a big country like the US so difficult to accept crypto. maybe they don't want to lose their popularity in the world. so long as the dollar is still influential in the world. they will continue to ensure that crypto is not safe.

aisan countries dont depend on dollar because dollar is not thier primacy currency but some of them obtain dollar by working abroad   . crypto was not that large on china and china faces some issue on the crypto on the past   . no one hold or controls crypto and every country can only decide if they will accept it or not  . about u.s i heard they also have an issues regarding on cryptos  , that is the reason why they are having a hard time to accept cryptos   . but even if they adopt crypto  , dollar will still be the king   .
legendary
Activity: 1316
Merit: 1145
December 27, 2019, 01:51:22 AM
#94
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393

In my opinion, Asian countries are no longer dependent on the dollar, and they are trying to escape from the dollar. currently the country with the strongest economy is China. and there crypto is very large. so to be on par with the others, the decision to accept crypto is the best choice. because with crypto. currency is to be equal. meanwhile, why is a big country like the US so difficult to accept crypto. maybe they don't want to lose their popularity in the world. so long as the dollar is still influential in the world. they will continue to ensure that crypto is not safe.
sr. member
Activity: 854
Merit: 253
l0tt0.com
December 27, 2019, 12:42:53 AM
#93
Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393

yeah, these are very developed countries and they trade a lot of bitcoins. Our Asian countries have been responding positively to cryptocurrencies since the early years, and now the wealthy are known early crypto. But not only Japan, Singapore, Hong Kong, we also have two other big players, China and the Philippines. The Philippines has been very supportive of blockchain technology and bitcoin transactions in their home countries for the past few days. This shows that many countries have begun to recognize crypto and crypto pro-nations will soon be rich.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
December 26, 2019, 10:43:57 PM
#92
Correct, in fact it just launch in Japan wherein their shopping points can be converted to Bitcoin, imagine how many populations Japan is, they do have all the opportunity for this, Japan really aiming their country to be one of the crypto friendly, as well as here in Philippines wherein you can also buy Bitcoin in a convenient store and it is available nationwide.
they really want to get ahead and takes all the benefit of crypto implementation without even waiting other countries to make move. It's no wonder that their technologies are decades ahead of many countries in the same continent. it also seems that japan already giving influence to its neighbouring countries and with the emergence of many blockchain company it really clear what's the whole asian countries direction is going, though some of rather "strict" countries are still afraid and reluctant.
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