What are the best countries in the world to start and run bitcoin businesses? For example, crypto-equity exchanges, bitcoin gambling, sites like purse.io, etc. Are there any like this that welcome these sort of businesses and can these businesses avoid scrutiny from foreign regulators or do they still have to comply with the regulations affecting their customers? Thanks!
I live in Indonesia but for bitcoin businesses, i'm used Europe exchange for trading my altcoin to bitcoin cause I think Europe market more dominating the volume of bitcoin in the world. but to exchange local currency, I use local exchange with price difference far enough from market Europe.
Topic: Best Countries for Bitcoin Businesses - page 4. (Read 9776 times)
What are the best countries in the world to start and run bitcoin businesses? For example, crypto-equity exchanges, bitcoin gambling, sites like purse.io, etc. Are there any like this that welcome these sort of businesses and can these businesses avoid scrutiny from foreign regulators or do they still have to comply with the regulations affecting their customers? Thanks!
i live in indonesian but for bitcoin businesses im use europe exchange for trading my altcoin to bitcoin cause i think europe market more dominating the volume of bitcoin in the world. but to exchange local currency, I use local exchange with price difference far enough from market europe. 
If you are looking for a country which will give you a great business and bitcoin can be used as a way of payment or whatever you like then try to go for Asian countries since they do love bitcoin and is open for this kind of opportunity so you can have your business grow their.
Yes,thats a good place to start for a business since these places are known to be the largest manpower. The value of the bitcoin there is bigger than the other countries.The unemployment rate are extensive day by day.Having a bitcoin business in Asian countries would be a an advantage to the less profitable citizens.
If you are looking for a country which will give you a great business and bitcoin can be used as a way of payment or whatever you like then try to go for Asian countries since they do love bitcoin and is open for this kind of opportunity so you can have your business grow their.
Yes,thats a good place to start for a business since these places are known to be the largest manpower. The value of the bitcoin there is bigger than the other countries.The unemployment rate are extensive day by day.Having a bitcoin business in Asian countries would be a an advantage to the less profitable citizens.
If you are looking for a country which will give you a great business and bitcoin can be used as a way of payment or whatever you like then try to go for Asian countries since they do love bitcoin and is open for this kind of opportunity so you can have your business grow their.
we can try some country:
1. China. Although during its circulation in the bamboo curtain country Bitcoin often experience controversy, but it can not be denied if China is a country with the largest miners in the world. In addition to the reasonably priced electricity there, some of the world's largest Bitcoin mining companies, based in China.
2. Japan. Japan's decision to legalize bitcoin is a step forward when compared to other Asian countries. Competitor countries such as China have not yet received the presence of bitcoin.
Mai Fujimoto who earned the nickname as Miss Bitcoin argued that before bitcoin boom in Japan he always share information via Twitter or Instagram about the digital currency. In fact, he has started investing with bitcoin since 2011. According to him, at that time people still do not really understand about bitcoin
1. China. Although during its circulation in the bamboo curtain country Bitcoin often experience controversy, but it can not be denied if China is a country with the largest miners in the world. In addition to the reasonably priced electricity there, some of the world's largest Bitcoin mining companies, based in China.
2. Japan. Japan's decision to legalize bitcoin is a step forward when compared to other Asian countries. Competitor countries such as China have not yet received the presence of bitcoin.
Mai Fujimoto who earned the nickname as Miss Bitcoin argued that before bitcoin boom in Japan he always share information via Twitter or Instagram about the digital currency. In fact, he has started investing with bitcoin since 2011. According to him, at that time people still do not really understand about bitcoin
I think in Georgia, there is one BitFury company known as the biggest player in the Bitcoin mining industry. They offer the development of business segments and sell efficient streaming hardware to miners and businesspeople
At the moment few countries have legalized Bitcoin and in rest of world still Bank are Bitcoin community are fighting for legalization. So hope soon the majority world will accept it and then Bitcoin will hold all the economy.
I rush my answer and vote for Japan. I choose Japan because Satoshi was a Japanese member, not only that but also the movement of crypto in this country seems good. The uses is proven. The improvement is always in the process. More people are oriented regarding cryptocurrency.
Besides Japan, here in our country cryptocurrency also were success here since people are becoming interested and the demand is increasing day by day, that is why we have also come up with our own coins and exchange due to request of demand by people and it is a greats start for the year 2018.
I rush my answer and vote for Japan. I choose Japan because Satoshi was a Japanese member, not only that but also the movement of crypto in this country seems good. The uses is proven. The improvement is always in the process. More people are oriented regarding cryptocurrency.
I think Japan is the number one best country for bitcoin businesses in fact a lot of establishment there already accepts bitcoin as a payment and Russia can also a good place to do bitcoin business since they recently legalize bitcoin. It's good to have business in country that don't have issues with crypto.
Currently bitcoin is widely known by everyone in every country. and for the developed country there is suitable for bitcoit business
Yes, agree with you but we have know what are those countries inorder to do business with Bitcoin. Very soon Bitcoin will be legalized in many countries and people start accepting Bitcoin in stores, shopping malls etc.
Singapore and Switzerland have a mature and established legal framework for ICOs
I would look toward either South America or Europe,specifically Argentina and Denmark.The former is ripe with people desperate to find an alternative to their financial system,and the latter has declared that bitcoin will not be taxed.Both places seem to have good banks willing to work with bitcoin businesses.
Source: http://www.coindesk.com/denmark-declares-bitcoin-trades-tax-free/
Source: http://www.coindesk.com/denmark-declares-bitcoin-trades-tax-free/
First of all you have to know that which country legalized bitcoin and which country bitcoin is already legal.all those countries are best for bitcoin business.
Asian countries is the best spot for making bitcoin business, because most of the Asian people are love to used digital currencies. Because this currencies are easy to used, this crypto currencies are worth to used in the future. Other than that if crypto currencies business opened in some countries in Asia I'm pretty sure that most of the people are encourage to used bitcoin. Not only bitcoin even the other crypto currencies are willing to used by the people.
UAE is not charging Taxes for Bitcoin I think.
Are the banks supporting it? Highly doubt it as if UAE supports such businesses I will happily move to Dubai all day long
UAE is not charging Taxes for Bitcoin I think.
Currently bitcoin is widely known by everyone in every country. and for the developed country there is suitable for bitcoit business
Hi,
Best country will be Puerto Rico, especially San Juan, I wish the crypto community there success. (https://bitcointalksearch.org/topic/crypto-utopia-could-you-leave-country-and-friends-to-live-in-puertopia-sol-2929906)
San Juan Mayor Carmen Yulín Cruz is doing her best for the city, I don't know if she thought about these crypto investors after or before the Hurricane Maria, anyway it will be a very interesting experiment.
I'm sure I will go there on holidays as soon as possible to see how it all works and help people there if I can.
Best country will be Puerto Rico, especially San Juan, I wish the crypto community there success. (https://bitcointalksearch.org/topic/crypto-utopia-could-you-leave-country-and-friends-to-live-in-puertopia-sol-2929906)
San Juan Mayor Carmen Yulín Cruz is doing her best for the city, I don't know if she thought about these crypto investors after or before the Hurricane Maria, anyway it will be a very interesting experiment.
I'm sure I will go there on holidays as soon as possible to see how it all works and help people there if I can.
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