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Topic: The most crypto-friendly and unfriendly countries - page 2. (Read 675 times)

newbie
Activity: 110
Merit: 0
Very much informative and must say great analysis and the most important thing about the list is the crypto positive countries are more than crypto negative.
full member
Activity: 812
Merit: 101
I think this depends on the response of the people of a country to the crypto world, meaning that society has an important role to play in creating a crypto development with support from the government.

different stratification will not affect relations between countries, because crypto value standards are crypto markets, and they agree. I am not a diplomat who can negotiate with the government. but I have a crypto community that will slowly make the government aware that crypto is the solution to changing the country's economy to be better..
member
Activity: 215
Merit: 11
Right now I find Japan to be the one that is more friendly with cryptocurrency related activities as well has helped with the growth of bitcoin. Among the unfriendly list I would say China, because it is a major contributor to cryptocurrency years back and if it provided with similar support now we could've reached a massive growth than the present.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
time will tell how long they will be unfriendly to crypto. time is changing so fast that crypto revolution is already here. maybe as of now, they have certain strict regulations towards crypto but later on, it will not be the case.
jr. member
Activity: 30
Merit: 2
As for me, the most crypto-friendly country is Venezuela and the most unfriendly country is China!
full member
Activity: 448
Merit: 100
Arabic Translator
i have to disagree with the unfriendly country list , china obviously against bitcoin for known reasons but you have to mention middle east countries , they not only have banned trading them but they will charge anyone using them of treason and funding terrorism !
i think that powerful countries (European countries for example) don't consider bitcoin as a threat to their economy unlike china and USA where bitcoin will be a disaster to their currency value.
member
Activity: 154
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
I can say about my country in the middle Europe that we are such a strange guys that we are not having any position more positive or negative towards crypto, but everybody is using it freely without fear to be caught.
newbie
Activity: 182
Merit: 0
European countries are most crypto-friendly. I think they recognize the benefits that crypto brings.
full member
Activity: 353
Merit: 100
https://luxantdigitalbank.com/
Most of the industrially developed countries in the world are the crypto friendly countries Such as Australia Belgium, Brazil ,Belarus
Canada, Colombia,Croatia,Czech Republic, Cyprus, Denmark, France, Germany,Hong Kong,Israel,Italy, Japan,Ukraine,New Zealand,Norway ,Poland,Singapore,Portugal,Netherlands ,Slovenia,South Korea, Spain,Switzerland,Sweden,Turkey, United Kingdom, USA, Etc.
Following are the unfriendly countries  are as follows.,Iceland ,Vietnam, Bolivia,Kyrgyzstan Ecuador,Russia, China ,India Bangladesh,Nepal,and Kyrgyzstan Etc.are illegal.
member
Activity: 98
Merit: 13
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.
sr. member
Activity: 700
Merit: 251
From the list i can know that many countries are cryptocurrency friendly huh? Never knew that much before, only like us, japan, switzerland. I mostly know about those unfriendly country, and sad to say most of them are asian country, like my country.
I think it might affect in the crypto development, since it means that crypto will only be able to develop in those friendly country, who might legalized and support it. But i don't think it might affect the relation between those country, since each country has their own regulation, and as long as it don't give disadvantage to each other, they wouldn't mind.
And if the government already oppose cryptocurrency and maybe ban it, it might be hard to do anything that can change the regulation. I think the unfriendly county will remain unfriendly, unless suddenly they have a change in mind and choose to accept crypto.
member
Activity: 120
Merit: 10
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.
member
Activity: 228
Merit: 10
Your list is very correct. Most of the countries that do not welcome Bitcoin are very tightly regulated economies, fearing that de-centralization would undermine their power. I have confidence in the development of encryption in Japan.
newbie
Activity: 154
Merit: 0
We could see that among the unfriendly countries,most of them are economically small.In any case, despite the fact that there were numerous who utilizes and acknowledges bitcoin it is an unavoidable issue why bitcoins esteem continues tumbling down.
newbie
Activity: 12
Merit: 0
1.Switzerland
2.Japan
3.United Kingdom
4.Netherlands
5.Denmark
All of the above crypto-friendly nations offer different benefits for individuals and organizations working or investing in the developing blockchain ecosystem. One common factor shared across pro-crypto nations, however, is the proactive formation of self-regulating communities or organizations that are attempting to guide the development of crypto regulation in a positive direction.
With alliances such as CryptoUK, the Dutch Blockchain Coalition, and Japan’s new self-regulatory organization, the crypto industry as a whole is stepping forward to assist foundering regulatory arms in keeping abreast of the blockchain ecosystem.
member
Activity: 406
Merit: 11
Yep, good information. The countries which are not friendly as of now is just thinking or set up a committee to understand about crypto and the regulations I think. Within another 5 to 6 years all the countries will accept crypto and there won't be any fiat currency in the world. There are countries which are yet to decide about crypto acceptance within this June I believe.
newbie
Activity: 80
Merit: 0
Crypto has many of the most friendly and unfriendly countries. Among the friendly countries are Switzerland, Japan, Slovenia, Portugal, Singapore etc. And India, Bangladesh,Bolivia,Equador and Kyrgyzstan in the list of crypto unfriendly countries.
newbie
Activity: 84
Merit: 0
t regards see that there officially a few nations that are amicable and acknowledges bitcoin. In any case, despite the fact that there were numerous who utilizes and acknowledges bitcoin it is an unavoidable issue why bitcoins esteem continues tumbling down. At any rate I need to add to the rundown of the bitcoin well disposed nations the Philippines, another nation in Asia where bitcoin is likewise sprouting.
member
Activity: 518
Merit: 11
I add 1 again, that venezuela has become part of a friendly country with crypto.

I think inequality will not affect the diplomatic relations between them. they can manage and control crypto, because every country has a different policy on crypto. but the world needs to create a crypto regulation to unite diplomacy between countries.

I can not influence my country policy, but at least I have contributed well to crypto by adopting crypto in my life, and also by spreading crypto to the public.
legendary
Activity: 3346
Merit: 3130


the ranking seems very wrong to me and checking their website through the cointelegraph link you posted below, it looks to me that they are basically saying Switzerland is #1 because it has ethereum foundation in it. and as for China as the worst, that is obviously wrong. there are at least 3 countries that have banned bitcoin and other cryptocurrencies and 1 (Bangladesh if i am not mistaken) which will imprison anyone who uses them. such countries are a lot more unfriendly than China that sees bitcoin as a legal thing!!!

Yep, I do find this ranking a bit uninformed too. Mexico, for instance, is taking a path towards acceptation, but it appears on the "negative" list...
This is not informed enough to answer the OP question, I'm afraid, but, given this is just an opinion, I think the aims about crypto regulations are not going to influence international relationships in any way, at least, as well as the crypto use is not mainstream.
We are into crypto, but we are still few. As well as more people begin to use it, I think there are going to emerge some international agreements.

In the other hand, we have the exchanges' problems. Some countries, like Russia or the US are starting to ask them for personal users data. It, of course, can make people moving into another one and use other services from China, for instance. But, what happens if, for example, the US government ask for this exchange to share their data for some reason and they don't have any, can it be an international problem? Some Us exchanges are starting to ask their users for an official ID, along with the place of residence, the phone number and also a personal photo of their faces, recently taken. Indeed, other ones also ask the user to download a facial recognition program, so they can scan their face. Of course, it is making users moving into another exchange, but how is going to be the US and Russian attitude towards those exchanges that don't fulfill the requirements they find to be obligatory?
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