Crypto-friendliest country in the world? - page 2.

haseeb ahmed

jr. member

Activity: 120

Merit: 6

i think Japan is the most friendliest country for Crypto market. Japan not only allow its usage but also regulated it and put it under the tax net through which they can eliminate the negative effects and everyone will be able to use it legally.

newbie0506

jr. member

Activity: 233

Merit: 1

Southeast Asian countries are , in my opinion, the crypto friendliest countries in the world. Some are having stricter policies (I'm not sure if Singapore is part of it) but Malaysia, Philippines, Thailand, etc. are good examples.

erikalui

legendary

Activity: 2632

Merit: 1094

But at the same time people holding Swiss bank accounts are considered criminals for money laundering so how it's crypto-friendly when it is considered illegal to hold money in those bank accounts?

I know UAE is not crypto-friendly but they literally charge 0 taxes even if you have millions in your bank account and don't even ask much questions.

Beerwizzard

full member

Activity: 924

Merit: 148

First of all you should consider what is a crypto friendly country for you. In most EU countries and in US you won't get to jail (or even your bank accounts locked) for having some crypto coins. It is also possible to make some crypto payments. And it is totally legal. But for some reason people are still searching for friendlier country.
I would also suggest that US would be a better country simply because if you are looking for a place, with a developed economy and financial markets, that are constantly implementing different instruments then it would be US.

Quote from: Spendulus on April 30, 2019, 08:11:08 PM

Quote from: bobsav2121 on April 30, 2019, 07:04:28 AM

I've been wondering for a while now which country in the world is the most "crypto-friendly" if that makes any sense... and I don't mean it with a negative connotation. I really wish to find out which country supports crypto and sees crypto as a potential way of taking over fiat. Any suggestions?

Edit: I found this cool article about Malta being super crypto friendly? https://cryptotradernews.com/cryptocurrency/why-crypto-millionaires-love-switzerlands-taxation-policies/ Although most of these perks only apply to millionaires?

Estonia.

By the way Estonia is probably the most IT friendly country in the world.
People are leaving it and the government is struggling to use different IT things in everyday life.

okala

full member

Activity: 980

Merit: 114

Malta to me still remains the cryptocurrency friendlies country in the world with their recent approval of virtual finance agents which is not far from crypto adoption and digital assets usage. They are also on the line to have the world first cryptocurrency regulations and being first to become the country to have regulated crypto coins if the sec process go through and approval is given.

Daniel91

legendary

Activity: 3374

Merit: 1824

Quote from: Spendulus on April 30, 2019, 08:11:08 PM

Quote from: bobsav2121 on April 30, 2019, 07:04:28 AM

I've been wondering for a while now which country in the world is the most "crypto-friendly" if that makes any sense... and I don't mean it with a negative connotation. I really wish to find out which country supports crypto and sees crypto as a potential way of taking over fiat. Any suggestions?

Edit: I found this cool article about Malta being super crypto friendly? https://cryptotradernews.com/cryptocurrency/why-crypto-millionaires-love-switzerlands-taxation-policies/ Although most of these perks only apply to millionaires?

Estonia.

I heard that Estonia is a highly digitized state, where you can even vote online, or start a business, make new documents etc.
I hope other countries will follow their example.
Do you know what about paying taxes on crypto earnings?

KingScorpio

sr. member

Activity: 1470

Merit: 325

Quote from: bobsav2121 on April 30, 2019, 07:04:28 AM

I've been wondering for a while now which country in the world is the most "crypto-friendly" if that makes any sense... and I don't mean it with a negative connotation. I really wish to find out which country supports crypto and sees crypto as a potential way of taking over fiat. Any suggestions?

Edit: I found this cool article about Malta being super crypto friendly? https://cryptotradernews.com/cryptocurrency/why-crypto-millionaires-love-switzerlands-taxation-policies/ Although most of these perks only apply to millionaires?

how do you define "cryptofriendly"
?

the stupidity of the population to sell their life and time for money?

regards

Spendulus

legendary

Activity: 2912

Merit: 1386

Quote from: bobsav2121 on April 30, 2019, 07:04:28 AM

I've been wondering for a while now which country in the world is the most "crypto-friendly" if that makes any sense... and I don't mean it with a negative connotation. I really wish to find out which country supports crypto and sees crypto as a potential way of taking over fiat. Any suggestions?

Edit: I found this cool article about Malta being super crypto friendly? https://cryptotradernews.com/cryptocurrency/why-crypto-millionaires-love-switzerlands-taxation-policies/ Although most of these perks only apply to millionaires?

Estonia.

bobsav2121

full member

Activity: 317

Merit: 104

I've been wondering for a while now which country in the world is the most "crypto-friendly" if that makes any sense... and I don't mean it with a negative connotation. I really wish to find out which country supports crypto and sees crypto as a potential way of taking over fiat. Any suggestions?

Edit: I found this cool article about Malta being super crypto friendly? https://cryptotradernews.com/cryptocurrency/why-crypto-millionaires-love-switzerlands-taxation-policies/ Although most of these perks only apply to millionaires?

Topic: Crypto-friendliest country in the world? - page 2. (Read 390 times)