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Topic: Best country for crypto - page 26. (Read 2229 times)

hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
May 20, 2018, 06:10:56 PM
#92
Countries that embrace new technologies like distributed ledgers, which go hand in hand with cryptocurrencies, are sure to open up new tech markets in the long term.Most of these countries not only have low (or even zero) cryptocurrency taxes, but are also embracing blockchain technology at a rapid rate:
*Belarus
*Portugal
*Hong Kong
*Netherlands
*Germany
Friends around me are targeting to go to Germany to practice their degree for work and being it included in the countries that embrace blockchain technology is sure one of the "benefits" that they couldn't miss. They are also deeply involved with cryptocurrencies and they're looking forward to working there while being engaged with the technology that they love. We are hoping that more countries will open up their gates for this revolution that is slowly shaping up the future that we are looking forward to.
newbie
Activity: 114
Merit: 0
May 20, 2018, 06:04:29 PM
#91
From findings and researches, some countries accepts crypto trading 100%. Belarus is said to be the number one Crypo-friendly country because its taxes for Bitcoin are 0% till the year 2023. According to the Belarusian government, cryptocurrencies are tax exempt till 2023 to help build its special economic zone
YED
full member
Activity: 209
Merit: 100
May 20, 2018, 05:56:59 PM
#90
 Countries that embrace new technologies like distributed ledgers, which go hand in hand with cryptocurrencies, are sure to open up new tech markets in the long term.Most of these countries not only have low (or even zero) cryptocurrency taxes, but are also embracing blockchain technology at a rapid rate:
*Belarus
*Portugal
*Hong Kong
*Netherlands
*Germany
sr. member
Activity: 434
Merit: 250
May 20, 2018, 05:05:19 PM
#89
besides swiss there are also some other best countries for crypto ie Hong Kongdespite news of Hong Kong regulators cracking down on securities fraud and exchanges, with some cryptocurrencies entering the center through association, Hong Kong is still a good place for investors. hong Kong has no VAT or capital gains tax, making tax rules around cryptoassets much easier. It is also an Asian hub for blockchain and crypto companies, such as Binance and Kucoin, although the first moved to Malta.

hero member
Activity: 994
Merit: 502
May 20, 2018, 04:55:29 PM
#88
some countries I hear are very friendly with cryptocurrency,
Russia
Singapore
United State
Taiwan

and Japan
japan is the country where Bitcoin originated, CMIIW  Grin

From my understanding most of the countries that have been listed above has got good number of user base. Another thing is that these countries were highly advanced in terms of technology growth. So, they take an innovation happening related to the technology in the positive manner. From the entire listing I pick Japan to be the one that has been making bigger and better decisions upon bitcoin usage along with the support from government.
newbie
Activity: 2
Merit: 0
May 20, 2018, 04:40:23 PM
#87
Always heard that Switzerland

I don't know which country is the best for crypto, but I know which is worst - Poland.   Angry
member
Activity: 476
Merit: 10
May 20, 2018, 04:30:35 PM
#86
Cryptocurrency has faced lots of difficulties with legislation in the past that has led to some countries barring its use, there are however  some countries which can be considered crypto heave for their legalization of the crypto transaction, such countries include Azerbaijan, Denmark, Sweden, Japan and some states in the USA
full member
Activity: 1414
Merit: 228
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May 20, 2018, 04:12:55 PM
#85
some countries I hear are very friendly with cryptocurrency,
Russia
Singapore
United State
Taiwan

and Japan
japan is the country where Bitcoin originated, CMIIW  Grin
jr. member
Activity: 224
Merit: 1
May 20, 2018, 03:42:21 PM
#84
One of the countries, that have legalized bitcoin that I know, is Russian. The Russian government, through the Russian Federal Tax Authority, has officially legalized the use of bitcoin and acknowledged it as one of the circulating currencies in the country. The Russian government has even legalized bitcoin since November 2016. This is based on the awareness that digital cryptocurrency technology will be bigger and often used by people in transacting in the future. The Russian government also monitors cryptocurrency transactions that occur in the country. So,  The Russian government can reduce money laundering and terrorism financing.

member
Activity: 420
Merit: 10
May 20, 2018, 03:32:25 PM
#83
I will only add Finland and Denmark, both of them are also countries that support the existence of bitcoin. Through ATM Radar, Finland is recorded as the country with the highest bitcoin exchange transaction compared to other countries. The country also provides tax freedom for the purchase of bitcoin. How glad the Finns are! Not only that, Finland also has facilitated almost all ATMs to make purchases, exchanges, and top up bitcoin. Denmark has not authorized bitcoin as a 100% digital currency, but Denmark allows for transactions with bitcoins. However, this can be seen as progress. Denmark allows the use of bitcoin in transactions such as transfers, payments, and purchases.
legendary
Activity: 2912
Merit: 1068
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May 20, 2018, 03:21:01 PM
#82
Besides Japan on the East I think that all western countries are good place for cryptocurrencies and Bitcoin friendly. Countries like Netherlands or Switzerland have always been progressive and embraced easily new technologies so the same is with Bitcoin too. Countries like I've mentioned were among first who made positive regulations for Bitcoin and tried to introduce it in society and financal flows.
newbie
Activity: 119
Merit: 0
May 20, 2018, 03:20:10 PM
#81
some in some countries in europe have started to apply and start adopting criptocurrency system, especially in swiss country have started applying bitcoin sales, developed country of Switzerland as Crypto Economy leading world with Japan
full member
Activity: 560
Merit: 100
May 20, 2018, 03:18:50 PM
#80
I see Japan as one of the countries that are happy with the existence of bitcoin. The Japanese government has authorized bitcoin as the legal currency for digital transactions. After bitcoin is authorized in this country, many retailers accept bitcoin payments. In this country, more than 4,500 stores have received payment with bitcoin. These stores reveal an increase in profits from experiencing transaction spikes after working with bitcoins, such as the Nikkei.
hero member
Activity: 840
Merit: 508
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May 20, 2018, 03:18:09 PM
#79
A lot of people are saying Estonia is good for crypto. If you take a lot at a lot of upcoming ICOs, many of them have their business registered in Estonia.

There are quite a few countries that haven't actually got a stance on cryptocurrency yet, so technically they're the best ones to live in if you earn a lot of crypto, as you are unlikely to be taxed on this earnings.
sr. member
Activity: 658
Merit: 253
May 20, 2018, 03:14:06 PM
#78
Switzerland is a very good crypto country that is on the path of progress. Also, a great country for Crypto is Japan, South Korea, Malta, and Belarus.
YED
full member
Activity: 209
Merit: 100
May 20, 2018, 03:11:20 PM
#77
Japan is extremely friendly toward cryptocurrency, and is a major global market hub. In April 2017 Japan officially recognized cryptocurrency as legal tender and offers exchange platforms a liberal regulatory environment in which to operate. According to local media, Japanese Yen accounts for more than 50% of the global trade in Bitcoin worldwide.

member
Activity: 252
Merit: 10
May 20, 2018, 03:11:16 PM
#76
Always heard that Switzerland is a great place to livve and now they are leading at this too


https://cointelegraph.com/news/switzerland-first-in-ranking-of-top-10-most-blockchain-friendly-countries-in-europe

I wrote an article about how Sweden gonna stop using cash in 2023. I believe like Switzerland, Sweden is one of the greates place for crypto currency holders.
newbie
Activity: 84
Merit: 0
May 20, 2018, 03:07:55 PM
#75
Switzerlad I think... look at all those .io sites!
member
Activity: 336
Merit: 10
May 20, 2018, 03:07:34 PM
#74
Not only Switzerland, I see other countries that are also open with the presence of bitcoin. For example, the United States, this country allows bitcoin for payment transactions. In this country, we can use bitcoin for online shopping, pay tuition, or pay other bills. in this country also, the tourists must show the digital currency owned. This is for the security of the tourists themselves and as a report of financial status.
sr. member
Activity: 405
Merit: 251
May 20, 2018, 03:04:39 PM
#73
I think portugal also!
well, on there ersonal income from cryptocurrency gains aren’t taxed in Portugal. This is different from business income or capital gains, but if you hold your crypto assets under your own name and not a company’s, they are essentially one and the same.
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