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Topic: ASIAN CRYPTO FRIENDLY COUNTRIES - page 6. (Read 975 times)

full member
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Merit: 100
BountyMarketCap
June 20, 2019, 02:54:08 PM
#12
Yes, Asia is a country that is friendly to cryptocurrency in several Asian countries that have legally accepted cryptocurrency, Vietnam and the Philippines also need to be considered I think these two countries are also friendly to support cryptocurrency and hopefully it will have a positive impact on other Asian countries.
full member
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
June 20, 2019, 11:37:09 AM
#11
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.
yes japan are the most welcome country in asia, i do also think thailand is very welcome with cryptocurrency, they make some crypto legal to be traded and to be use for transactions.
legendary
Activity: 3080
Merit: 1353
June 20, 2019, 10:55:19 AM
#10
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.

Not really, yeah sure they have this exchanges available to Philippines but is the cryptocurrencies main role on to be traded? Cryptocurrencies are still money and in order for it to be money people needs to use it in transactions outside from being just traded in the exchange. And right now Philippines barely have any establishments that accepts them to be paid, they are only a handful of them. People in the Philippines still needs to convert it to Fiat so that they can use their profits from crypto to spend it there.

But still, Filipinos can used their platform coins.ph to pay for their electricity, water, internet and even their credit cards. That alone makes Philippines one of the friendliest in Asia. We even have two ATM's, if I'm not mistaken, a bank (UnionBank) that supports crypto, (https://bitpinas.com/news/philippines-unionbank-launches-crypto-atm/). So there's a lot of things going on the background that will make Philippines one crypto hub in Asia.
sr. member
Activity: 1316
Merit: 257
June 20, 2019, 10:27:47 AM
#9
Japan and Singapore in my opinion are the most prominent in the development of blockchain and cryptocurrency in Asia. why do I say that, because Japan and Singapore are the most capable of supporting the blockchain technology infrastructure and cryptocurrency, plus both governments of the two countries that do not limit broad development in general use in the community make them very capable compare other country in asia.
member
Activity: 573
Merit: 11
June 20, 2019, 09:43:33 AM
#8
Asian countries are the most crypto friendly countries on the surface of the earth because they love the technology and strongly believe in it. Countries like Japan, singapore, and Vietnam are truly lovers of cryptocurrency and they work walk towards it development everyday.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
June 19, 2019, 02:12:05 PM
#7
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.
Yes, Philippines is one of the Asian countries that have got increased usage. There weren't much development in business level adoption relative to bitcoin, but it has large number of stores and common people who use bitcoin similar to that they use the traditional fiat.

In Philippines same as the acceptance there is increased number of scams that made some hard days for the cryptocurrency users as some regulations were put forth by the government. Other than the stated country, there are many Asian countries that have a good number of users.
hero member
Activity: 1806
Merit: 672
June 19, 2019, 01:24:47 PM
#6
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.

Not really, yeah sure they have this exchanges available to Philippines but is the cryptocurrencies main role on to be traded? Cryptocurrencies are still money and in order for it to be money people needs to use it in transactions outside from being just traded in the exchange. And right now Philippines barely have any establishments that accepts them to be paid, they are only a handful of them. People in the Philippines still needs to convert it to Fiat so that they can use their profits from crypto to spend it there.
hero member
Activity: 2730
Merit: 632
June 19, 2019, 01:19:43 PM
#5
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.
member
Activity: 294
Merit: 13
June 19, 2019, 11:51:08 AM
#4
There is a country that should be considered as one of the most friendly country to cryptocurrency, that is Iran. That country has been used crypto very well and perhaps on that time had saved them when usd rate was very high against their currency.
member
Activity: 980
Merit: 62
June 19, 2019, 11:32:57 AM
#3
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.
member
Activity: 653
Merit: 10
June 19, 2019, 10:51:28 AM
#2
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.
jr. member
Activity: 110
Merit: 1
June 19, 2019, 09:46:03 AM
#1
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
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