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Topic: Which countries are more friendlier to crypto? - page 10. (Read 3910 times)

hero member
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Merit: 577
Leading Crypto Sports Betting & Casino Platform
Japan,the US,Korea, and now quietly begins the whole world are drawn to this,Russia, too, belatedly but begins to consider various options for use,to know too, began to understand that this is the future,so that here soon everyone will be friendly to cryptocurrencies
Japan is a check, as we all know that they have been one of the friendliest country that has adopted crypto. Many stores has accepted bitcoin as payment and I think there are also some altcoins like Monacoin(?).
Korea, there is South and North Korea. We knew also that there are large exchanges on South Korea so it can be a judgment that they are friendly but about North Korea, I'm not sure but there were reports that Jim Kong-Un has a lot of bitcoin (or it's just a made story).
sr. member
Activity: 474
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The SEC thing is true is that I think they should make it sooner, because that will protect more investors from losing money to scam projects. As for crypto-friendly countries I think Korea and Japan
member
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Besides the United States of America and India, every other country of the world is friendly to crypto. There are several tight regulations by the USA making the acceptance of cryptocurrency slow, but hopefully, it should get better with time. China is also friendly but not entirely.
full member
Activity: 644
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Japan,the US,Korea, and now quietly begins the whole world are drawn to this,Russia, too, belatedly but begins to consider various options for use,to know too, began to understand that this is the future,so that here soon everyone will be friendly to cryptocurrencies
sr. member
Activity: 994
Merit: 250
In my opinion, Switzerland and Malta have always been the most loyal to cryptocurrencies, as in these countries they understand perfectly well that cryptocurrency has quite a lot of potential in the financial market. My personal opinion on this issue is that soon the majority of countries will legalize cryptocurrency and create favorable conditions for its development.
full member
Activity: 448
Merit: 100
In my own opinion, the first is Switzerland owing to their friendly regulations, most upcoming blockchain projects are moving over their to launch.
Secondly, Malta looks good too as most blockchain projects are there already.
On the other hand, Japan and Singapore are also okay for blockchain projects as their regulations are friendly too.
jr. member
Activity: 546
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several ICO project mostly was conduct on Europe and Middle East, so you can freely buy and invest on that country, and i think Asia too, crypto was legal on there.
member
Activity: 93
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Most countries in Southeast Asia are crypto-friendly nations. I think most (if not all) parts of Africa too.
From where I am from, even the Central Bank approves exchanges to operate https://news.bitcoin.com/philippines-approved-cryptocurrency-exchanges/
As far I know, aside from Singapore and the Philippines, other South East countries remain neutral on cryptocurrency although they may show interest on blockchain. If I'm not wrong, even Philippines' legend Manny Pacquiao took part in marketing process of GCOX exchange's ICO. (https://www.ccn.com/boxing-legend-manny-pacquiao-latest-celebrity-to-turn-ico-promoter). Good news is, South East countries mostly neither ban or support crypto, which means their citizens still can trade on exchanges.
sr. member
Activity: 882
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Most countries in Southeast Asia are crypto-friendly nations. I think most (if not all) parts of Africa too.
From where I am from, even the Central Bank approves exchanges to operate https://news.bitcoin.com/philippines-approved-cryptocurrency-exchanges/
member
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Malta is the most Cryptocurrency friendly country in the world.In India when Goverment seaze the bank accounts of indian local crypto exchange most of exchange shift its office and operate there exchanges from malta. malta government welcome them.
I think Malta is Most crypto friendly Country
When government wants money in anyway then they will allow anything by getting taxes from them.India don't have decisions against cryptos only banks have and its is not a surprise that banks against it because if cryptos grows then there will be no banks.
member
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There are only few countries which are crypto friendly. Switzerland, Japan, Singapore,Malta, UK, Luxembourg and USA. This countries are more crypto friendly then other countries.
I agree with other countries, aside from the US. They're still struggling classifying crypto as asset or currency. Thus, there's no big, legit US based cryptocurreny exchange. The US are very astute in doing business but they're letting their huge exchange fees on the Chinese's pockets.
newbie
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Malta is the most Cryptocurrency friendly country in the world.In India when Goverment seaze the bank accounts of indian local crypto exchange most of exchange shift its office and operate there exchanges from malta. malta government welcome them.
I think Malta is Most crypto friendly Country
full member
Activity: 966
Merit: 111
in my opinion swiss, this country is open with crypto and the majority of Swiss residents have used crypto. besides that my own country is Indonesia, has reached 1.5 million registered people even more.
I agree with Switzerland, Switzerland, the majority of countries use crypto. And for Indonesia today there are indeed more cryptocurrency. But for crypto use as a payment, maybe not much. You mean that 1.5 million people registered, where are you registered? I myself just found out the amount.
member
Activity: 1204
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Singapore and Japan are the most cryptocurrency friendly countries as far as I know,even binance is going to launch fiat to crypto exchange sote in Singapore soon.Not sure about the regulation on those countries but it is good to have some restrictions to control the usage of cryptos from bad activities.

Yes but still they have been restricted it. Based on the list, I think Malta is indeed the most friendly on crypto. This isnt shocking cause even their government are relying on the profits of it. Their system is well accepted and I think its good.
It is a place related to gambling right?

Having restrictions over the bad thing actually create good opinion about cryptos to the people,so it is not too bad to have some regulations even from the crypto friendliest country because they accepted it and try to make it as best possible payment system.
member
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There are many countries that are friendly with cryptocurrency. Japan, Singapore, Switzerland, some parts of the United States of America, Russia, Germany are the countries that give permission to deal in cryptocurrency to name a few. While many more countries are becoming friendly with cryptocurrency, some are coming harder on it. Like India is considering 10 years of imprisonment for dealing in cryptocurrency.
member
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There are only few countries which are crypto friendly. Switzerland, Japan, Singapore,Malta, UK, Luxembourg and USA. This countries are more crypto friendly then other countries.
full member
Activity: 527
Merit: 113
Singapore and Japan are the most cryptocurrency friendly countries as far as I know,even binance is going to launch fiat to crypto exchange sote in Singapore soon.Not sure about the regulation on those countries but it is good to have some restrictions to control the usage of cryptos from bad activities.

Yes but still they have been restricted it. Based on the list, I think Malta is indeed the most friendly on crypto. This isnt shocking cause even their government are relying on the profits of it. Their system is well accepted and I think its good.
member
Activity: 332
Merit: 11
in my opinion swiss, this country is open with crypto and the majority of Swiss residents have used crypto. besides that my own country is Indonesia, has reached 1.5 million registered people even more.
legendary
Activity: 3220
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www.Crypto.Games: Multiple coins, multiple games
Here is the list of the most friendly crypto together with the reason why. A Complete List of Bitcoin Friendly Countries. That is the latest article I got on the internet.

Most of those friendly country open their jurisdiction for cryptocurrency start-ups.  They either impose lower tax or have a light regulation on them.  

Also here is some list where Bitcoin is legal and illegal, adding the link of an article about The Most Crypto Friendly Countries for Investors.


Thanks for sharing this useful list of sites, mate. They give a detailed explanation of which countries are friendly to crypto and which are not. Luckily, I'm in the US which is a country with a friendly stance towards crypto. The growth here of Bitcoin and Blockchain technology, has accelerated a lot, and adoption has been widespread across several states. Still though, I don't agree with "BitLicense" extreme regulations for crypto businesses within the NY state, but I believe that there's room for improvement.

What matters is that Bitcoin and other cryptocurrencies stay as regulatory-compliant as possible, in order to survive in the mainstream world. If governments are able to tax crypto successfully, then there should be no reason to ban it. Sooner or later, restrictive countries like China and India will realize this, paving the way towards the growth of Blockchain technology within such areas.

I believe that if China takes a positive stance towards crypto, things will change for the better. After all, China is the epicenter of Bitcoin mining. The Chinese government could easily tax crypto, while implementing its own regulations.

Nonetheless, the world is realizing that Bitcoin and other cryptocurrencies are essential alternatives towards the current Fiat system. Hence, it's only a matter of time before all of the world's countries accept crypto and Blockchain technology as a legal alternative to our traditional economy. Just my opinion Smiley
sr. member
Activity: 1330
Merit: 289
Singapore is crypto friendly. Countries which do not place very high restrictions or tax on crypto related platforms especially exchanges are more friendly to crypto generally. Initially, India was crypto friendly not until presently that rumors have it that they imposed very harsh laws against crypto.
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