Topic: Best country for crypto - page 6. (Read 2229 times)

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I think it is Japan and South korea. I did not think it was Switzerland. I am so curious and want to compare life in those 3 countries. this is good news and unexpected. Hopefully other countries are also vying to be the best country for crypto

Switzerland - an attractive jurisdiction for a business focused on working with digital money

Yes Japan is also an ideal country for crypto. South Korea may be a good crypto country in future as so many regulations are coming but switzerland is the best crypto country.

In Switzerland, there is one drawback - it is very difficult to obtain citizenship. I like Singapore better - it is a freer country. And in Singapore, cryptocurrency is allowed.

If the switzerland is really best cyrptocurrency this is good , because they have a lot of investor and user of the bitcoin and the altcoins. I hope my country which philippines will become also in the list atleast top 10 only who are most country who are support cryptocurrency.

Japan is one of the most liberal countries in the field of crypto-currency regulation. Forbes magazine even called it "the advanced Bitcoin-state", noting the special role of the state in the development and practical implementation of the technology of blockchain.

Today, Japan is one of the most liberal countries in the field of cryptocurrency regulation. Forbes magazine even called it" the advanced Bitcoin state", noting the special role of the state in the development and practical implementation of blockchain technology. Against the background of positive news, the Japanese coin MonaCoin (MONO) for a short time broke into the TOP 50 virtual currencies with the highest capitalization. In November 2017, the initial offer of coins of the COMSA project, created to conduct legal ICO on a single platform and operating in the Japanese jurisdiction, was completed.

Suizarland is the best country for crypto currency. There is no barrier to crypto currency use at suizarland. The government and not against it. Also in Japan and crypto currency used to be used inventory.

I suppose that Germany is the economic hub of the EU, and therefore is a great place to set up a crypto or blockchain tech company. Germany’s fintech industry has been booming over the last decade, and with it comes favourable cryptocurrency laws that allow it to remain at the centre of trade and commerce in Europe. Bitcoin and crypto-assets have a 0% tax when used for payments – this is because there is no VAT when paying with something like Bitcoin because there is no value added through cryptocurrency as a fiscal product. The other advantage is, Bitcoin and altcoins aren’t taxed at all if held for over one year.

I think Portugal and Hong Kong are the best countries for trading Crypto
Portugal
Personal income from cryptocurrency gains aren’t taxed in Portugal. This is different from business income or capital gains (asset appreciation), but if you hold your crypto assets under your own name and not a company’s, they are essentially one and the same. The Portugese government has further clarified that sale of cryptocurrencies does not come under capital income or capital gains. However, if individuals carry out professional or business activity related to cryptocurrencies, that’s a different matter, and is liable to taxation.

Hong Kong
While there is news of Hong Kong regulators cracking down on securities and exchange fraud, with some cryptocurrencies entering the limelight through association, Hong Kong is still a great place for investors. Hong Kong has zero VAT or capital gains tax, making tax regulation surrounding cryptoassets much easier. It’s also the Asia hub for blockchain and crypto companies, such as Binance and Kucoin, although the former is moving to Malta.

As a trader I personally believed that the best country to trade is found in India because it has a big population and mostly of them are much interested in crypto trading exchange.

my best knowledge is swiss country, maybe there is no prohibition to play bitcoin there. but individually to safeguard their economies, they also work in general.

Incredibly, how the countries leading economic growth opened with this technology.
but still, even with countries that allow crypto trading and use-there are people who hate it. Well it would be too late for countries to realize when this comes with the mainstream and traditional banking system is lost forever.
and its economic growth will not develop rapidly in the field of cryptocurrency.

nd that does not apply to everything, I am sure that in the end it will change, it could be the other country that is the best or the most complete in all respects, my hope, bitcoin development in my country can be very advanced so that my country becomes the best country especially in the world economy.

Yes, Switzerland is maybe the best compromise among many different aspect: great quality of life, many languages, safe and rich place, for a western could be the place place, unless you're more adventurous and you choose something like Japan.

I think that the best coutry for crypto is Germany because a lot of people in this country are very rich.Many people invest in Bitcoin.

The best country for crypto is Switzerland, Germany which allows legally and trade is also allowed to do so. with the support of their community they are enthusiastic to make a means of payment or trade in the country with the control of each transaction in that country.

Japan, Malta, Singapore are now leaders in the global cryptomarket, especially in sphere of cryptoassets trading and ICOs. There is news that S.Korea can change its legislation to permit legally regulated ICOs that is the way to wider liberalization of crypto policy of that country. But we should understand that some countries such as China are pioneers in the active large-scale introduction of blockchain techs in practice use (eg. in large business), in spite of pressuring of crypto trading and ICOs (though cryptoassets including BTC are not officially banned in China). Liberal approaches to cryptotrading don't necessarily mean leadership in a wide real-life blockchain use.

While there is a news of Hong Kong regulators cracking down on securities and exchange fraud, with some cryptocurrencies entering the limelight through association, Hong Kong is still a great place for investors. Hong Kong had zero vat or capital gains tax, making tax regulation surrounding cryptoassets much easier. It's also the Asia hub for blockchain and crypto companies, such as Binance and Kucoin, although the former is moving to Malta.