Topic: Bitcoin Friendly countries - page 20. (Read 2250 times)
Bitcoin is on of the most coin on cryptocurrency world. Europe, Japan, Australia, Canada, Israel, Korea, US, Singapore are Bitcoin Friendly countries. Also some of country in asia as like India, China, pakistan are Friendly countries of bitcoin.
The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?
We cannot control the certain government of a country. Try to migrate to other countries if you have a large amount of money that cannot be withdrawn. The most friendly countries in the world are korea, china, and the Philippines as far as I know.Even among those countries you named Japan is the most friendly country for Bitcoin. You missed it.
Yes I agree with you If you have big amount of Bitcoin and your country doesn't support bitcoin. you better go to a bitcoin supportive country , a place where even Bitcoin ATM machines available that you can withdraw money easily at any time.
The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?
We cannot control the certain government of a country. Try to migrate to other countries if you have a large amount of money that cannot be withdrawn. The most friendly countries in the world are korea, china, and the Philippines as far as I know. I think I am lucky enough that the country I am into goes along with Bitcoin. I am from Philippines and so far this country is willingly accepting bitcoin. Although there were not sp good opinions about it, the country/citizens continuously use it especially those who actually know the worth. There is also available ATM machines which allows your to withdraw from your Bitcoin account.
Japan is one of the most friendly countries for bitcoin and other digital currencies. Japan's bitcoin trading volume has surpassed that of the United States, second only to China and now ranks second in the world. The success of MITSUBISHI will bring a new inspiration to most banks, especially those with a broad international network.
I think I am lucky enough that the country I am into goes along with Bitcoin. I am from Philippines and so far this country is willingly accepting bitcoin. Although there were not sp good opinions about it, the country/citizens continuously use it especially those who actually know the worth. There is also available ATM machines which allows your to withdraw from your Bitcoin account.
I have heard that Danmark is so friendly towards Bitcoin that you don't have to pay any taxes if you are earning FIAT by selling Bitcoins.... Could someone confirm it?
There is no denying that Bitcoin is the most widespread in Asia. there you can pay in many stores using it. countries like Japan legalize cryptocurrencies under the Act of 1 April 2017. Furthermore, China is a leader when it comes to mining bitcoins and turnover from exchanges. There is no use talking that nickname of the Bitcoin creator reveals to us a little bit of mystery about which countries rule in the world of Bitcoin.
Japan is friendly to bitcoin, but China is beginning to limit it. No wonder China is falling behind.
Actually, the Chinese government does not have a ban on bitcoin in its entirety and there are still ways to trade bitcoin privately, but I also think that China is inferior to Japan in accepting new things.In terms of economy, China will not let them selves fall back to other countries like Japan. Japan ia the first one to legalize bitcoin but China has the most bitcoin mkners in the world so I dont see them getting behind here. As far as I know, the ban is only the usage of bitcoin in their country. They can still use and trade it online.
Crypto-currency trading is and will be a gigantic tax revenue stream for the states. They can not be missed. No matter what the name of the state is
Singapore. As an added bonus, no capital gains tax, no inheritance tax, and no income tax on interest income. So your crypto profits that are converted to fiat and put into fixed deposit accounts (or whatever you like), all of the interest income is tax free. Kind of a boring place to live though, but the perfect place to use as a piggy bank.
Oh my lord.. is this for real? If this truly is legitimate, Singaporeans really are very lucky! Imagine no tax for all these things! Whereas here in my country, tax is killing us! Bloodyhell. I wish i was a Singaporean.
Why do you think it is a boring place to live? From all the pictures amd videos i see, i think singapore is a beautiful place. And very entertaining place to live in.
South Korea still prohibits bitcoin? or was it a market manipulation?
They don't ban Crypto trading. they just preparing to bring regulations on Crypto trading. that's fine.
South Korea still prohibits bitcoin? or was it a market manipulation?
Europe, Japan, Canada, Isreal, Korea, US, Singapore are some major countries where bitcoin has legal status. There are many other countries like India, Rusia those are preparing a draft for bitcoin legalization.
Great. That's nice to hear, When it comes to Europe, all Europe countries accept BITCOIN?
Where in Europe I can pay a tax for my cryptocurrency income? Paying a tax for cryptocurrency income is a true legal thing for me.
In my country if I start to buy real estate I will be suspicious and saying that I earned my money from crypto is not prof for a tax man.
My country doesn't recognize cryptocurrency and I can't pay a tax for it.
You need to provide the country you reside in Europe in other to provide you the right answer but if you're from Belarus you don't need to pay any tax till the year 2023.In my country if I start to buy real estate I will be suspicious and saying that I earned my money from crypto is not prof for a tax man.
My country doesn't recognize cryptocurrency and I can't pay a tax for it.
Not paying tax ok, but what do you note in your yearly tax claim? How you have earned money for 12 Lambos in your garage an 5 houses?
Not with the sallary of few hundred dollars that's for sure.
Canada, Denmark, Norway, Namibia, Nigeria, Ghana, Argentina.
Latest good news Belarus not only going to legalize Bitcoin but also Tax free. 
https://news.bitcoin.com/cryptocurrencies-activities-legal-tax-free-belarus-starting-march/
https://news.bitcoin.com/cryptocurrencies-activities-legal-tax-free-belarus-starting-march/
Bitcoin is friendly in my country because people is allow to earn money from bitcoin. Bitcoin is recognized by some of the banks here so we can comvert bitcoin in to cash through banks. We have nothing to worry about here in the Philippines. We are happy that bitcoin is one of the our source when it comes to earning money.
Well, after China banned ICOs and exchanges, Japan took its place. I am not sure what country is most friendly, but I bet Japan maybe the one. It’s pretty hard to answer as countries are different and they all have some pros and cons.
You can always check Wikipedia for more information about Bitcoin legality
You can always check Wikipedia for more information about Bitcoin legality
Almost all countries except China and South Korea. In general, many countries that specifically did not speak out about bitcoin. There are a majority of such countries.
Japan is friendly to bitcoin, but China is beginning to limit it. No wonder China is falling behind.
Actually, the Chinese government does not have a ban on bitcoin in its entirety and there are still ways to trade bitcoin privately, but I also think that China is inferior to Japan in accepting new things.Hello user frery, I think you have a good point towards Chinese government act on BTC. But I couldn't get your point perfectly. bit unclear for me. may be my bad. I appreciate if you clarify your view further more. can you pl?
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