Topic: The most crypto-friendly and unfriendly countries (Read 675 times)
Well i want to start in those unfriendly countries in crypto probably I'll start with north korea... we all know that internet and televisions and even the news (i think) is controlled by their government isn't? They don't have any access outside their countries too for what I've known.
To be fair, most of these countries are not against Bitcoin, but rather against scam ICOs and/or Pump n dump Alt coins. They have a obligation towards their citizens to protect them against technologies and projects that might exploit them.
There are some countries that are protecting their local economy and reserve currency and even some corrupt governments that wants to prevent technology to give people 100% financial freedom and anonymity.
There are some countries that are protecting their local economy and reserve currency and even some corrupt governments that wants to prevent technology to give people 100% financial freedom and anonymity.
I hope there will be rise up of countries from ASIA to be crypto friendly. 
Imagine if crypto was legalized throughout the country. Pay this with crypto, pay it with crypto, ICO everywhere. Maybe crypto will become commonplace for all people in the world.
I can't imagine how bitcoin will be able to complete all this transactions with high fee,slow speed. Using crypto in daily life will be solution to traditional way that we used as payment methods. ICO everywhere is not right idea in my opinion. There are various projects which can bring solution to this mentioned problems.
in time, the regulations of those unfriendly countries towards cryptocurrencies will be altered. because if they will not do so, they will be left behind by this new era of crypto revolution. more big and known companies are joining this blockchain era so i believe, they will start to look at crypto in a different perspective.
and nope, i have no influence to change the current crypto regulations in my country. but fortunately, i'm residing in a more acceptable community.
and nope, i have no influence to change the current crypto regulations in my country. but fortunately, i'm residing in a more acceptable community.
Imagine if crypto was legalized throughout the country. Pay this with crypto, pay it with crypto, ICO everywhere. Maybe crypto will become commonplace for all people in the world.
I think from my little experience about crypto, I think the most friendly crypto country is the Vietnam while the most unfriendly crypto country should the US
Cryptocurrency a digital decentralized currency was introduced on 2009 has been accepted almost all over the global system but some countries has now been banned cryptocurrency . While developed countries like US, and Japan have been crypto-friendly Bangladesh government have been banned the use of crypto's and if anyone trades with Bitcoin will be put to jail .Like wise Bolivia,Egypt,are been unfriendly towards crypto using, Bolivia was the first to stop the usage of cryptocurrency they informs that those who do not use government controlled centralized currency should be punished by other means . The Egyptian government considered crypto as exchange of gambling since gambling is forbidden for that country .The Estonia government embraces the modern technology like block chain so they welcome crypto currency towards their country .The United State has a numerous amount of crypto users in the world and even there are several ATM's at US .Then comes Denmark one of the most developed countries in technologies .
Every country does have its own policies regarding cryptocurrency. and of course we must respect this. now when the market is experiencing a lot of decline, certainly many countries also oppose it
Most people believe Crypto is a joke and a fraud so talking about countries who aren't Crypto friendly? A LOT!
And I cannot name them all anymore.
And I cannot name them all anymore.
According to the researches, the most crypto-friendly European countries are Switzerland, Gibraltar, Malta, United Kingdom, Denmark, Germany, Sweden, Portugal, The Netherlands, Finland, Belarus, Estonia, Slovenia, Georgia. Speaking of all such countries in the world, we should add to this list Japan, Singapore, Mauritius, Australia. The most unfriendly for cryptocurrencies are China, Mexico, Algeria, Morocco, Bolivia. The lists can be continued.
The ratings are generated with the following criteria:
Regulation of lCOs:
Regulation of cгyptocurrencies
Taxation regime, capital gain
How do you think these inequality and stratification will affect the further development and relations between countries? Can you influence the policy of your state regarding the crypto currency, and if so, how would you change it?
Of course, this inequality will affect the development of crypto, and crypto will be difficult to develop if many countries still prohibit its use because we all know, the main goal of crypto is to become digital currency used throughout the world. The ratings are generated with the following criteria:
Regulation of lCOs:
Regulation of cгyptocurrencies
Taxation regime, capital gain
How do you think these inequality and stratification will affect the further development and relations between countries? Can you influence the policy of your state regarding the crypto currency, and if so, how would you change it?
I doubt that the current situation in Bitcoin regulation may in any way affect relations between countries. Cryptocurrencies still have the smallest financial influence in the world and so far have very little weight in the economies of even the most liberal cryptocurrency countries. It is difficult to say what further it will be, but if cryptocurrencies really can occupy a significant niche in international trade, I am sure that the regulators of different countries will develop mechanisms for interaction and calculations in Bitcoin or other currencies.
I know Japan and a crypto friendly country, which you did not mention. Moreover, among these crypto unfriendly countries, you should add Bangladesh, Bolivia and Ecuador also.
Japan and Bolivia are already in the lists. What about Bangladesh and Ecuador, you are right. I believe, both lists can be extended with other countries, and changed over time.
Usually, governments hate blockchain! For this, there are many reasons available. But I don't agree with them.
It's not totally ready. Because in some countries crypto is accepted. Some countries do not use crypto. The government has not approved it. In most countries, they deal with crypto today. It's popular in the world. These countries also run businesses through various companies. In every country, crypto is not accepted. But some countries have approved it. The more the investors grow in the future, the world welcomes it. You do not have to be afraid. Because crypto will not be lost. It is spread throughout the entire period. All of you invest here.
The most crypto friendly countries are Japan ,Sweden, Venezuela, Estonia, Germany, United states, Canada, United kingdom,Zimbabwe, Russia etc and the crypto unfriendly countries are South korea,,France,China, Algeria etc; Japan has shown strong support for blockchain .Swedish government is the first to issue its own central bank cryptocurrency . Venezuela is leading the charge for mass adoption of crypto's . The crypto unfriendly countries are South Korea,France.China,Algeria etc.South korea has traded high volumes of cryptocurrency before the crackdown .
There will dependably be individuals that will differ and consent to various sorts of things. This makes things confused for us crypto fans since they just won't enable individuals to make cryptos lawful. I surmise that the main decision we have is to push control since that I think truly be capable to push mass reception.
The most crypto friendly country I've seen is Japan. Most of their stores accept bitcoin and its really easy to use over there with low government regulation.
I think that Singapore and switzerland are 2 friendly nations with crypto. Meanwhile Bangladesh, Bilivia, China is the country to ban electronic money.
I only praise the development of cryptocurrency in Japan, they accept both the government and the people where Japanese technology is the most superior, always bring up something different and break the biggest technology market, so they also adopt Bitcoin well and correctly according to the beginning of the Bitcoin Principle as a digital currency, it is not surprising that in some time Japan can lift individual and state economics, the most important security so as to provide comfort for every cryptocurrency user, because some countries cannot be said to be as friendly as Japan, there are still many conflicts that have occurred, not adopted themselves thorough.
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