Without having made an exhaustive study of the issue, I would say that these are the countries that have not yet regulated it, nor have they banned it, if there are any left. This excludes obvious cases such as El Salvador, where no income or capital taxes are paid on bitcoin.
https://es.cointelegraph.com/news/bitcoin-investors-are-reportedly-exempt-from-taxes-in-el-salvador
But the moment they regulate it, governments will want people to identify themselves in order to tax them, and this has happened at least in the countries I know of.
Topic: what countries have the best / most privacy fiendly bitcoin laws? - page 3. (Read 580 times)
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
also what true dex's are there? Binance used to have a Dex but apparently that was a lie as they started implementing kyc.
which ones are tor friendly? Kucoin seems to not like me using tor to use their exchange.
Kraken seems to work but i need to select my country of residence. which country has the best/most lax laws?
You have to know that centralization and decentralization don't mix ever. In other words if there is a company behind an exchange then it can never be decentralized like the case with Binance and the joke they created called their DEX! Any other ones that don't require KYC or don't enforce it are no different, they can decide to change that rule at any moment and mandate it for everyone. which ones are tor friendly? Kucoin seems to not like me using tor to use their exchange.
Kraken seems to work but i need to select my country of residence. which country has the best/most lax laws?
Exchange are all about more business now than trying to uphold the values of Crypto-currency, some centralized exchange right now did not start of like that, they where decentralized and didn’t require KYC, but in other to have more business deals and not having any issue with countries law, so they are now compromising and turning centralized, but still you can find decentralized exchange that are private, secured and upholds anonymity.
also what true dex's are there? Binance used to have a Dex but apparently that was a lie as they started implementing kyc.
which ones are tor friendly? Kucoin seems to not like me using tor to use their exchange.
Kraken seems to work but i need to select my country of residence. which country has the best/most lax laws?
You will hardly get any centralized exchange that doesn't require KYC to buy bitcoin, even if you trying to choose a specific country when you try to register.which ones are tor friendly? Kucoin seems to not like me using tor to use their exchange.
Kraken seems to work but i need to select my country of residence. which country has the best/most lax laws?
Your best bet would be to use Bisq which is already mentioned. In case it doesn't suit your needs or need another option, take a look at Hodl Hodl or Localcryptos. Or heads over to https://kycnot.me/ to see which exchange/services don't need KYC.
most exchanges are not restricted to traders in only a particular country, and many countries are tightening their rule on cryptocurrency mainly because of money laundering and the benefit of tax which enforce KYC. One can barely see exchanges with no KYC, although some may allow trade and prevent withdrawal above certain amount, Decentralized exchange is a provision for those not willing to use KYC with its restrictions as well
but which countries are the best for here?
what would happen if an exchange opened in a super crypto friendly nation decided to ignore the US demanding it have KYC?
which nations have the best crypto laws of lack-thereof
most exchanges are not restricted to traders in only a particular country, and many countries are tightening their rule on cryptocurrency mainly because of money laundering and the benefit of tax which enforce KYC. One can barely see exchanges with no KYC, although some may allow trade and prevent withdrawal above certain amount, Decentralized exchange is a provision for those not willing to use KYC with its restrictions as well
but which countries are the best for here?
most exchanges are not restricted to traders in only a particular country, and many countries are tightening their rule on cryptocurrency mainly because of money laundering and the benefit of tax which enforce KYC. One can barely see exchanges with no KYC, although some may allow trade and prevent withdrawal above certain amount, Decentralized exchange is a provision for those not willing to use KYC with its restrictions as well
but which countries are the best for here?
also what true dex's are there? Binance used to have a Dex but apparently that was a lie as they started implementing kyc.
which ones are tor friendly? Kucoin seems to not like me using tor to use their exchange.
Kraken seems to work but i need to select my country of residence. which country has the best/most lax laws?
most exchanges are not restricted to traders in only a particular country, and many countries are tightening their rule on cryptocurrency mainly because of money laundering and the benefit of tax which enforce KYC. One can barely see exchanges with no KYC, although some may allow trade and prevent withdrawal above certain amount, Decentralized exchange is a provision for those not willing to use KYC with its restrictions as well
It shouldn't be so hard to anonymously buy bitcoin.
You cannot anonymously buy bitcoin in a centralised exchange, they have their protocols and they must comply to government regulations which include KYC and AML policies. If you live in an area where there are Bitcoin ATM's, then it is a good way to buy bitcoin anonymously with cash, you can also try out other peer to peer options like Paxful, HodlHodl, Bisq were you do not have to provide KYC or identification to exchange your bitcoin.Even more than missing out on the price. I miss being in crypto earlier because it was so easy back then to just buy crypto anonymously.
Are you so sure about that, buying bitcoin has never been completely anonymous, except through peer to peer decentralized options, or if you want to buy from a friend, you send cash in exchange for bitcoin or the other way round, centralized exchanges have done their business in this way, you either comply or not use them. Most of the exchanges have to deal with centralised payment organisations (such as visa, mastercard and banks) if you accept cash and don't kyc (wherever you are) you're at a higher risk of being scammed by a chargeback or by something being counterfeited/faked.
There are peer to peer and decentralised options for loading and unloading funds but they're not as trusted because of the higher risks involved (eg bisq only allowing small cash conversions to attempt to mitigate scams).
Even though they're backed by centralised exchanges, stablecoins might be the best alternative to trying to buy crypto without kyc (after mixing funds bought on a kyc exchange in some way or using a proxy).
There are peer to peer and decentralised options for loading and unloading funds but they're not as trusted because of the higher risks involved (eg bisq only allowing small cash conversions to attempt to mitigate scams).
Even though they're backed by centralised exchanges, stablecoins might be the best alternative to trying to buy crypto without kyc (after mixing funds bought on a kyc exchange in some way or using a proxy).
also, I'm wondering. if you're paying via credit card, just wait for the transaction to go through. there is also a paper trail so why do they want you to show ID and face? Now days even videos.
Even more than missing out on the price. I miss being in crypto earlier because it was so easy back then to just buy crypto anonymously.
Most of the exchanges have to deal with centralised payment organisations (such as visa, mastercard and banks) if you accept cash and don't kyc (wherever you are) you're at a higher risk of being scammed by a chargeback or by something being counterfeited/faked.
There are peer to peer and decentralised options for loading and unloading funds but they're not as trusted because of the higher risks involved (eg bisq only allowing small cash conversions to attempt to mitigate scams).
Even though they're backed by centralised exchanges, stablecoins might be the best alternative to trying to buy crypto without kyc (after mixing funds bought on a kyc exchange in some way or using a proxy).
There are peer to peer and decentralised options for loading and unloading funds but they're not as trusted because of the higher risks involved (eg bisq only allowing small cash conversions to attempt to mitigate scams).
Even though they're backed by centralised exchanges, stablecoins might be the best alternative to trying to buy crypto without kyc (after mixing funds bought on a kyc exchange in some way or using a proxy).
Which countries dont ask for KYC for their citizens buying bitcoin on exchanges.
and how come no exchanges have set up operations in those nations and gave a middle finger to the US and EU when asked to collect KYC on their exchanges?
It shouldn't be so hard to anonymously buy bitcoin.
and how come no exchanges have set up operations in those nations and gave a middle finger to the US and EU when asked to collect KYC on their exchanges?
It shouldn't be so hard to anonymously buy bitcoin.
Jump to: