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Topic: ASIAN CRYPTO FRIENDLY COUNTRIES - page 3. (Read 986 times)

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December 25, 2019, 02:23:27 AM
#71
While considering Asia only, I would say Japan, Singapore, and Hong Kong. In the meantime, if you consider the overall best countries for cryptocurrency, then this can help you. Have a read. If you are about to start a new business in crypto in friendly countries, this article must be helpful for you. Best countries to start a cryptocurrency exchange platform in 2020/
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December 25, 2019, 03:28:57 AM
#71
South Korea is also a bitcoin-friendly country. South Korea's government has legalized and made an official regulation regarding cryptocurrency that every time a crypto transaction using a bank account must use a real name. and the volume of bitcoin trading in South Korea is quite high. but in my opinion the most friendly Asian country with crypto is Japan. if we live in Japan we can use bitcoin to shop, some shops in Japan have accepted bitcoin as a means of payment.
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June 30, 2019, 07:31:45 AM
#70
When talking about crypto in Japan, I think Japan is the most friendly country to bitcoin, I have visited Japan several times and I have felt it myself, shopping using bitcoin, is very easy.
I hope it will spread to other countries in ASIA and possibly to the whole world.  Wink
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Bitcoin Casino Est. 2013
June 30, 2019, 04:48:38 AM
#69
You should add up Philippines on the list.

They might not fully adopted it yet but there are 3 current local exchange in the place where you can make crypto transactions and
whats even good that you would able to buy-pay up things upfront on using up your coins.
I agree that even if bitcoin is not yet fully adopted in Philippine country but are very friendly to bitcoin and didn't consider bitcoin as what most people think about bitcoin. I have been using one of the 3 current local exchange in the Philippines to use it as one of the payment system that is available or even buying or selling game credits if I want to.

Asian is most country have friendly for cryptocurrency, for the first country support bitcoin is China and after banned by China Japan become more friendly country always support how bitcoin become legal transaction payment.
Do you mean that Asia has the most country that is friendly for cryptocurrency?. Well, it's not only japan that is friendly in cryptocurrency by accepting bitcoin as a legal currency in a country.
sr. member
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Merit: 251
June 30, 2019, 03:24:09 AM
#68
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


Hongkong is not a country. It may be autonomous to a certain extent but it is still under the administrative supervision of china. In other words, it is not a totally independent country. It still belongs to china. Hongkong allowed Bitcoin but the mainland china is restricting it. I guess the 3rd spot goes to South Korea.
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Activity: 658
Merit: 102
June 30, 2019, 03:15:04 AM
#67
Recently, I have been seeing a real increase in the potential of the cryptocurrency market in Asian countries.  And this is even if not to mention China, which practically controls half of all bitcoins on the network.
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June 30, 2019, 01:48:48 AM
#66
Good development for the Asian country, they cannot dominate in terms of economy standing but they are allowing crypto as an opportunity to improve their economy. I'm living in Asia and I'm happy with the current crypto status in our country, I'm hoping more improvement will come in the long run as improvement will lead to more adoption.
sr. member
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Merit: 251
June 29, 2019, 11:03:11 PM
#65
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 do hope that one day. we will be able to have a section like this for Africa

It is expected soon. Many countries in Africa have a poor economic situation. The cryptocurrency can save many people there. The list of crypto-friendly countries will be growing all the time. Experts found out that Asians countries "push" Bitcoin up.
Yeah we know that bitcoin can improve the economy on there, but they don't have the resources to connect to bitcoin, many African countries don't have electricity, internet connections, even cellphones, how can crypto be spread there?
by the way I live in Asia, and crypto has started mushrooming here Smiley
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June 29, 2019, 05:23:07 AM
#64
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

This list needs to be added to a country that is very friendly with cryptocurrency and blockchain, Philippines. I was really surprised about the effort in expanding knowledge of blockchain and crypto in the educational environment in the Philippines. they are also supporting Bitcoin ATMs, this is crazy. In the next 5 years, they will be a country of great influence in the crypto market.

I'm also hoping for that to happen. But before that some people here should be enlighten first what really is bitcoin because some investment schemes here are saying that they have crypto investments to provide payouts to their investors and can sustain their business.
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June 29, 2019, 01:00:26 AM
#63
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

This list needs to be added to a country that is very friendly with cryptocurrency and blockchain, Philippines. I was really surprised about the effort in expanding knowledge of blockchain and crypto in the educational environment in the Philippines. they are also supporting Bitcoin ATMs, this is crazy. In the next 5 years, they will be a country of great influence in the crypto market.
hero member
Activity: 938
Merit: 501
June 28, 2019, 05:54:19 PM
#62
That's very true, these countries have really shown huge support for blockchain technology and cryptocurrencies in general. Take for instance Singapore, i know there is an exchange called Bitrue which is doing very well at the moment. Hopefully, other countries would open their doors to cryptocurrencies too.
full member
Activity: 680
Merit: 103
June 28, 2019, 02:48:25 PM
#61
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 do hope that one day. we will be able to have a section like this for Africa

It is expected soon. Many countries in Africa have a poor economic situation. The cryptocurrency can save many people there. The list of crypto-friendly countries will be growing all the time. Experts found out that Asians countries "push" Bitcoin up.
hero member
Activity: 1274
Merit: 513
June 28, 2019, 01:04:46 PM
#60
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 Japan, Singapore, and Hong Kong will always be the top on number of crypto users because they belong to the rich countries in Asia, unlike some other countries. The country`s economy will always be the reason.
Maybe the economy will help them why they are in the top list and all the country has been listed who asian crypto friendly country is have a good economy compared to the other country. Philippines the economy is I don't think if growing or not but my country is crypto friendly too because we use crypto freely because we supported by our government.
full member
Activity: 532
Merit: 101
June 28, 2019, 12:41:05 PM
#59
Its really good to see that those Asian countries is belong on the top most friendly Crypto especially Japan. But there are some Asian countries are not yet on the list. But the important they continue recognized. Maybe the reason why they on the top most friendly because almost investors came from this country.
sr. member
Activity: 826
Merit: 256
June 28, 2019, 12:44:09 AM
#58
The rest of Asia might takes time to catch up with Japan, Sinapore and Hongkong because of some restrictions that they imposed on bitcoin and crypto exchanges. But there are also asian countries that may follow the examples of Japan, Singapore and Hongkong although the users are still small compared to the three. Philippines has already 37 crypto exchange operator s licensed by its economic zones aside from the 11 operators approved by the the central bank. The Philippines need to increase its crypto users and speed up the adoption of bitcoins in many busnisses like retails and remittance to become one of the crypto friendly countries.
sr. member
Activity: 798
Merit: 255
June 27, 2019, 08:25:56 AM
#57
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 Japan, Singapore, and Hong Kong will always be the top on number of crypto users because they belong to the rich countries in Asia, unlike some other countries. The country`s economy will always be the reason.
jr. member
Activity: 84
Merit: 1
The Exchange for EOS Community
June 27, 2019, 06:48:57 AM
#56
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

The support Japan had for cryptocurrency increased around 2016/2017 when China decided to ban cryptocurrency, and that was even when the cryptocurrency market started gaining much support from Japan, lots of experts then claimed that much support came from Japan and that helped the price increase then. So Japan has been one of the major countries that are backing cryptocurrency right from time. I didn't know About the Hong Kong, but I do know that Singapore is another country that supports cryptocurrency as well. These three are not the only ones, there are others as well.
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Activity: 2044
Merit: 16
June 27, 2019, 01:16:55 AM
#55
There are some Asian countries that are crypto-friendly in fact they are proud of it and they are all open-minded on the future of payment system. You might include South Korea and in my country Philippines, though we are far from other countries adoption of cryptocurriencies but we are gaining slow momentum and we are taking it seriously on spreading awareness to other fellow citizens.
hero member
Activity: 2828
Merit: 611
June 27, 2019, 12:55:30 AM
#54
The country is a fairly advanced country in terms of technology so that the country's government can provide clear regulations regarding the development of blockchain technology and the use of crypto currencies. So I think if there is a country that prohibits the use of crypto currency it does not mean that the country cannot adapt to technology but that the country has not been able to make clear regulations regarding the use of crypto currencies.
I agree, as in my country where cryptocurrency is prohibited from transacting. but we are not forbidden to have it as an asset. but the latest news, the government plans to include it on the stock market
I don’t even see that as prohibition, because what you have access to old as an asset, you can as well use it too for transactions, because the system does not run both separately, it is still through the same open platform, and cryptocurrency has been developed for any transaction through it not to be disclosed.

Except maybe you mean they prohibited it from being used openly, as in merchants cannot use it as payment means, but if the prohibition extends to its use over internet, I really see that as an empty word that has been shredded, because there is no way it can stand for a system they cannot monitor not control.
full member
Activity: 518
Merit: 101
June 27, 2019, 12:30:52 AM
#53
yes singapore and japan is success cryptocurrency country in asia, unfortunately for my country (indonesia) still not good enough in cryptocurrency project company
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