I would add china.
Why ? Because even their government is banned crypto, the whales in cryptocurrency many of them are chinesse.
Many big exchanges with super big volume are in china, and i also think when china whales take a move, market will move also
Topic: The top 5 countries are ‘paradise’ for cryptocurrencies - page 3. (Read 693 times)
There is nothing more appealing to a crypto enthusiast than an environment suitable for holding or trading cryptocurrencies, In my opinion here are the 5 most crypto-friendly countries.
Malta
Topping the list is Malta. The country has become a haven for cryptocurrency companies and businesses due to its tax-friendly policy, even for foreigners. This country has a prime minister who fully supports all cryptocurrencies.
Bermuda
Bermuda is a small island with a population of about 65,000 people in the Caribbean. This country has attracted companies with a free tax policy. This also applies to cryptocurrencies as the country aims to become a haven for the cryptocurrency industry
Japan
Japan is a leading country in the cryptocurrency space. Japan is the first country in the world to accept Bitcoin as legal. The country was also the first to adopt extensive regulations for more than their cryptocurrency exchanges.
Germany
Cryptocurrencies are considered to be a separate unit of money and an accepted means of payment in the country by the German National Tourism Board 2018. Germany has a cryptocurrency-friendly financial system.
Singapore
Cryptocurrencies will be considered commodities, not currencies in Singapore. Any company dealing with cryptocurrencies is required to pay GST (Goods and Services Tax)
In your opinion, which countries are crypto friendly? Please list
What? seriously where is china and korea they are better than singapore and germany, remember that asic miners for mining bitcoin comes from china, bitmain technologies is in Beijing china and korea seem more into crypto than Singapore to meMalta
Topping the list is Malta. The country has become a haven for cryptocurrency companies and businesses due to its tax-friendly policy, even for foreigners. This country has a prime minister who fully supports all cryptocurrencies.
Bermuda
Bermuda is a small island with a population of about 65,000 people in the Caribbean. This country has attracted companies with a free tax policy. This also applies to cryptocurrencies as the country aims to become a haven for the cryptocurrency industry
Japan
Japan is a leading country in the cryptocurrency space. Japan is the first country in the world to accept Bitcoin as legal. The country was also the first to adopt extensive regulations for more than their cryptocurrency exchanges.
Germany
Cryptocurrencies are considered to be a separate unit of money and an accepted means of payment in the country by the German National Tourism Board 2018. Germany has a cryptocurrency-friendly financial system.
Singapore
Cryptocurrencies will be considered commodities, not currencies in Singapore. Any company dealing with cryptocurrencies is required to pay GST (Goods and Services Tax)
In your opinion, which countries are crypto friendly? Please list
I heard that last year China banned all crypto mining activities. and last year there were also some problems with the crypto exchange, many exchange offices moved because of this problem. so I don't think China is included in a country that is friendly to crypto and its holders.
compared to china, korea is better. and I think Korea deserves the title of crypto-friendly country.
In my opinion the most country that crypto friendly is Japan. Their government is very supportive to bitcoin, so if you're going to Japan, no need to convert Yen, just use bitcoin for payment.
I would add Finland and Estonia to the list but Finland had some backslash with their new taxation system that is horrible. No doubt they will fix it later but as of right now i am still waiting a better solution until reporting anything. We had a better system in Finland already but they screwed us up. That can happen in other crypto havens as well in the future.
You have done a good research to find out which countries are more friendly to cryptocurrency. I think Japan is the most friendly country which has made it easier for the trade and mining of cryptocurrency, but it has supported the entire crypto market as a way to facilitate the people in various ways. My question is what about China in relation to cryptocurrency? If China becomes pro-crypto country, the entire crypto market will progress considerably.
For me, Philippines is one of the countries that can be nominated to be part of the best countries that is a considerably a physical platform for cryptocurrencies. Why? Because of the mobile and dekstop applications being developed in the country. It doesn't limit its people in investing and trading cryptos. And also, there is allot of banks, pawnshops and financial institutions that utilizes cryptocurrencies.
In your opinion, which countries are crypto friendly? Please list
Estonia, Liechtenstein and Switzerland may be added to the order of these countries. They are also crypto friendly countries. Check out this link: https://medium.com/æternity-ventures/top-8-crypto-friendly-countries-e6bbf90e8161
This might be not in the top 5 countries according to OP review but Thailand also accepting bitcoin and people can go to vacation and pay the restaurants or hotels use their bitcoin and compare from those places i think in Thailand also plenty of beautiful places deserve to be visited but regarless all of it i think this is one of the progress from bitcoin development and if supose can soon i want to see more countries to be visited accept bitcoin too
There is nothing more appealing to a crypto enthusiast than an environment suitable for holding or trading cryptocurrencies, In my opinion here are the 5 most crypto-friendly countries. In your opinion, which countries are crypto friendly? Please list...
Looking at your list of the top 5 most crypto-friendly countries, if I were to start my own cryptocurrency-related business I would go for Malta or Bermuda as definitely these places are tax haven and known for protecting their locators away from the onerous regulations and burdensome policies. Japan is definitely the top big country when it comes to accepting Bitcoin but it also has one of the most regulated environment so doing business there can be a difficult one. Same with the USA where SEC has become so powerful and can be a big pain the ass if one is not careful.
In the list, I would like to add some European small countries/territories like Liechtenstein, Estonia Slovenia, Gibraltar and Lithuania. In Asia, we can add North Korea, Thailand and the Philippines to be viable places to do crypto business. These countries are attracting many fintech locators as they are offering many perks and benefits other countries are not doing. There seems to be a good competition with these countries and that is actually good. As they are saying: "The more, the merrier..."
Malta and Singapore are one of the most developed countries with the world blockchain many large exchanges were born in the 2 countries, this is a good adoption of the blockchain is the future for the country, I also expect my country to be like those 5 countries.
Your list is absolutely right. On average I see Malta on every new or old project web page from there. It is worth mentioning crypto paradise. And in addition, I also often see the name Cayman Island. I don't know where it is, but every crypto-related e-mail I receive, surely at the bottom it says Cayman Island. Seems South Korea too. There are several projects from there.
Although the country does not yet support or contribute a lot in cryptocurrency, it can provide many dreams following several countries above that have developed in the payment sector or others. do not let each country late in taking a stand to be able to get the momentum
Crypto friendly doesn't just mean crypto laws and crypto regulations, actually. If you think about, just because it is legal to spend crypto in a country and legal to do business there doesn't mean it's friendly to the user.
It's a start, but for me the best crypto friendly places not only don't make it illegal but don't make it difficult to use crypto.
It's a start, but for me the best crypto friendly places not only don't make it illegal but don't make it difficult to use crypto.
I disagree with you, If the regulation and law is clear that makes as a guideline for them. Making crypto relatef transactions easier and faster because they know they are not breaking any laws and it instills confidence for people to hold crypto in their respective country.
What? seriously where is china and korea they are better than singapore and germany, remember that asic miners for mining bitcoin comes from china, bitmain technologies is in Beijing china and korea seem more into crypto than Singapore to me
Korea - i think outsiders arent allowed to participate in any korean related projects.
China - cryptomining ban and cryptoexchanges are heavily monitored. There is no clear regulation in there.
There is nothing more appealing to a crypto enthusiast than an environment suitable for holding or trading cryptocurrencies, In my opinion here are the 5 most crypto-friendly countries.
Malta
Topping the list is Malta. The country has become a haven for cryptocurrency companies and businesses due to its tax-friendly policy, even for foreigners. This country has a prime minister who fully supports all cryptocurrencies.
Bermuda
Bermuda is a small island with a population of about 65,000 people in the Caribbean. This country has attracted companies with a free tax policy. This also applies to cryptocurrencies as the country aims to become a haven for the cryptocurrency industry
Japan
Japan is a leading country in the cryptocurrency space. Japan is the first country in the world to accept Bitcoin as legal. The country was also the first to adopt extensive regulations for more than their cryptocurrency exchanges.
Germany
Cryptocurrencies are considered to be a separate unit of money and an accepted means of payment in the country by the German National Tourism Board 2018. Germany has a cryptocurrency-friendly financial system.
Singapore
Cryptocurrencies will be considered commodities, not currencies in Singapore. Any company dealing with cryptocurrencies is required to pay GST (Goods and Services Tax)
In your opinion, which countries are crypto friendly? Please list
What? seriously where is china and korea they are better than singapore and germany, remember that asic miners for mining bitcoin comes from china, bitmain technologies is in Beijing china and korea seem more into crypto than Singapore to me Malta
Topping the list is Malta. The country has become a haven for cryptocurrency companies and businesses due to its tax-friendly policy, even for foreigners. This country has a prime minister who fully supports all cryptocurrencies.
Bermuda
Bermuda is a small island with a population of about 65,000 people in the Caribbean. This country has attracted companies with a free tax policy. This also applies to cryptocurrencies as the country aims to become a haven for the cryptocurrency industry
Japan
Japan is a leading country in the cryptocurrency space. Japan is the first country in the world to accept Bitcoin as legal. The country was also the first to adopt extensive regulations for more than their cryptocurrency exchanges.
Germany
Cryptocurrencies are considered to be a separate unit of money and an accepted means of payment in the country by the German National Tourism Board 2018. Germany has a cryptocurrency-friendly financial system.
Singapore
Cryptocurrencies will be considered commodities, not currencies in Singapore. Any company dealing with cryptocurrencies is required to pay GST (Goods and Services Tax)
In your opinion, which countries are crypto friendly? Please list
There is nothing more appealing to a crypto enthusiast than an environment suitable for holding or trading cryptocurrencies, In my opinion here are the 5 most crypto-friendly countries.
Malta
Topping the list is Malta. The country has become a haven for cryptocurrency companies and businesses due to its tax-friendly policy, even for foreigners. This country has a prime minister who fully supports all cryptocurrencies.
Bermuda
Bermuda is a small island with a population of about 65,000 people in the Caribbean. This country has attracted companies with a free tax policy. This also applies to cryptocurrencies as the country aims to become a haven for the cryptocurrency industry
Japan
Japan is a leading country in the cryptocurrency space. Japan is the first country in the world to accept Bitcoin as legal. The country was also the first to adopt extensive regulations for more than their cryptocurrency exchanges.
Germany
Cryptocurrencies are considered to be a separate unit of money and an accepted means of payment in the country by the German National Tourism Board 2018. Germany has a cryptocurrency-friendly financial system.
Singapore
Cryptocurrencies will be considered commodities, not currencies in Singapore. Any company dealing with cryptocurrencies is required to pay GST (Goods and Services Tax)
In your opinion, which countries are crypto friendly? Please list
Malta
Topping the list is Malta. The country has become a haven for cryptocurrency companies and businesses due to its tax-friendly policy, even for foreigners. This country has a prime minister who fully supports all cryptocurrencies.
Bermuda
Bermuda is a small island with a population of about 65,000 people in the Caribbean. This country has attracted companies with a free tax policy. This also applies to cryptocurrencies as the country aims to become a haven for the cryptocurrency industry
Japan
Japan is a leading country in the cryptocurrency space. Japan is the first country in the world to accept Bitcoin as legal. The country was also the first to adopt extensive regulations for more than their cryptocurrency exchanges.
Germany
Cryptocurrencies are considered to be a separate unit of money and an accepted means of payment in the country by the German National Tourism Board 2018. Germany has a cryptocurrency-friendly financial system.
Singapore
Cryptocurrencies will be considered commodities, not currencies in Singapore. Any company dealing with cryptocurrencies is required to pay GST (Goods and Services Tax)
In your opinion, which countries are crypto friendly? Please list
I have read on one article that Turkey is the number one Cryptocurrency friendly country but it is not in your thread how did you come out with the list have you used data, I agree that all of the country listed in your post are all Crypto friendly but Turkey should have a place ion your list better check your list, and check if Turkey really deserves to be according to some articles.
After reading on twitter that Portugal is not taxing crypto holders that country instantly became one of my favourites lol. and Singapore is pretty awesome too.
Crypto friendly doesn't just mean crypto laws and crypto regulations, actually. If you think about, just because it is legal to spend crypto in a country and legal to do business there doesn't mean it's friendly to the user.
It's a start, but for me the best crypto friendly places not only don't make it illegal but don't make it difficult to use crypto.
It's a start, but for me the best crypto friendly places not only don't make it illegal but don't make it difficult to use crypto.
There is nothing more appealing to a crypto enthusiast than an environment suitable for holding or trading cryptocurrencies, In my opinion here are the 5 most crypto-friendly countries.
Malta
Topping the list is Malta. The country has become a haven for cryptocurrency companies and businesses due to its tax-friendly policy, even for foreigners. This country has a prime minister who fully supports all cryptocurrencies.
Bermuda
Bermuda is a small island with a population of about 65,000 people in the Caribbean. This country has attracted companies with a free tax policy. This also applies to cryptocurrencies as the country aims to become a haven for the cryptocurrency industry
Japan
Japan is a leading country in the cryptocurrency space. Japan is the first country in the world to accept Bitcoin as legal. The country was also the first to adopt extensive regulations for more than their cryptocurrency exchanges.
Germany
Cryptocurrencies are considered to be a separate unit of money and an accepted means of payment in the country by the German National Tourism Board 2018. Germany has a cryptocurrency-friendly financial system.
Singapore
Cryptocurrencies will be considered commodities, not currencies in Singapore. Any company dealing with cryptocurrencies is required to pay GST (Goods and Services Tax)
In your opinion, which countries are crypto friendly? Please list
Malta
Topping the list is Malta. The country has become a haven for cryptocurrency companies and businesses due to its tax-friendly policy, even for foreigners. This country has a prime minister who fully supports all cryptocurrencies.
Bermuda
Bermuda is a small island with a population of about 65,000 people in the Caribbean. This country has attracted companies with a free tax policy. This also applies to cryptocurrencies as the country aims to become a haven for the cryptocurrency industry
Japan
Japan is a leading country in the cryptocurrency space. Japan is the first country in the world to accept Bitcoin as legal. The country was also the first to adopt extensive regulations for more than their cryptocurrency exchanges.
Germany
Cryptocurrencies are considered to be a separate unit of money and an accepted means of payment in the country by the German National Tourism Board 2018. Germany has a cryptocurrency-friendly financial system.
Singapore
Cryptocurrencies will be considered commodities, not currencies in Singapore. Any company dealing with cryptocurrencies is required to pay GST (Goods and Services Tax)
In your opinion, which countries are crypto friendly? Please list
Seems pretty accurate. Hoping for more countries to change and become crypto-friendly in the near future.
There is nothing more appealing to a crypto enthusiast than an environment suitable for holding or trading cryptocurrencies, In my opinion here are the 5 most crypto-friendly countries.
Malta
Topping the list is Malta. The country has become a haven for cryptocurrency companies and businesses due to its tax-friendly policy, even for foreigners. This country has a prime minister who fully supports all cryptocurrencies.
Bermuda
Bermuda is a small island with a population of about 65,000 people in the Caribbean. This country has attracted companies with a free tax policy. This also applies to cryptocurrencies as the country aims to become a haven for the cryptocurrency industry
Japan
Japan is a leading country in the cryptocurrency space. Japan is the first country in the world to accept Bitcoin as legal. The country was also the first to adopt extensive regulations for more than their cryptocurrency exchanges.
Germany
Cryptocurrencies are considered to be a separate unit of money and an accepted means of payment in the country by the German National Tourism Board 2018. Germany has a cryptocurrency-friendly financial system.
Singapore
Cryptocurrencies will be considered commodities, not currencies in Singapore. Any company dealing with cryptocurrencies is required to pay GST (Goods and Services Tax)
In your opinion, which countries are crypto friendly? Please list
Malta
Topping the list is Malta. The country has become a haven for cryptocurrency companies and businesses due to its tax-friendly policy, even for foreigners. This country has a prime minister who fully supports all cryptocurrencies.
Bermuda
Bermuda is a small island with a population of about 65,000 people in the Caribbean. This country has attracted companies with a free tax policy. This also applies to cryptocurrencies as the country aims to become a haven for the cryptocurrency industry
Japan
Japan is a leading country in the cryptocurrency space. Japan is the first country in the world to accept Bitcoin as legal. The country was also the first to adopt extensive regulations for more than their cryptocurrency exchanges.
Germany
Cryptocurrencies are considered to be a separate unit of money and an accepted means of payment in the country by the German National Tourism Board 2018. Germany has a cryptocurrency-friendly financial system.
Singapore
Cryptocurrencies will be considered commodities, not currencies in Singapore. Any company dealing with cryptocurrencies is required to pay GST (Goods and Services Tax)
In your opinion, which countries are crypto friendly? Please list
Great compilation! Thank you for taking time to gather this top 5 list. I want to ask a few questions though. Did you make this yourself? And on which particular bases or criteria did you make the rank? I am also interested on the others who almost made it to the list. Probably the rest of the top 10? And lastly, Bermuda is not yet a country if I am not mistaken. It is just a very small island in the Caribbean which is under the control or considered a territory of the United Kingdom.
How about South Korea?
The government there openly accepts cryptocurrency. The government regulates taxes for Bitcoin transactions and prohibits the use of anonymous accounts, meaning that they must use a real identity. In addition, in South Korea, there are also some potential exchanges such as Bithumb and Upbit. With some of these conveniences I think South Korea is also worthy of being listed, what do you think?
The government there openly accepts cryptocurrency. The government regulates taxes for Bitcoin transactions and prohibits the use of anonymous accounts, meaning that they must use a real identity. In addition, in South Korea, there are also some potential exchanges such as Bithumb and Upbit. With some of these conveniences I think South Korea is also worthy of being listed, what do you think?
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