Topic: Which countries are more friendlier to crypto? - page 2. (Read 3936 times)

i think Russia is friendly country for Cryptocurrency, because as we know many project are launch from this country and from their state
and one other country of course China is friendly and preferable country for cryptocurrency

No they don't support use of Bitcoin and it's trading. People are just interpreting it in wrong way. They haven't banned but they only advice people out here to avoid trading of Bitcoin for the best.

There was a recent draft which included some penance to be included and ban but that also was reconstructed since committee members didn't supported it in majority.

Yeah right, if the government from such place is not against crypto and they are allowing merchants and utilities to used this currency it will take higher chances to have more people to get involve to this market, friendly places for crypto will be more likely to have easy adoptions and support will flow to this industry.

I think Malta , Venezuela and Switzerland are more crypto friendly. I believe with time more countries will remove many existing restrictions to crypto. Rumours have it that Venezuela tried enacting their own national cryptocurrency called PETRO, although many authorities fought against it.

if government and institution accepting cryptocurrency this is good fundamental for cryptocurrency growth at that country.investor in this market will increase since they feel comfort with government policy.

In my country "Philippines" have shown greater support in cryptocurrency as it is being used as a utility as to pay bills,And level of enthusiasm when it comes to crypto as it is always seen in their news, and also some of the banks are accepted the crypto currency already.

Currently based on my personal observations and research, Japan is the most crypto friendly country.  This country understands and know how relevant cryptocurrency and blockchain technology can easily transform their financial ecosystem. If all countries can see the light Japan has seen in cryptocurrency, the financial world will be a better place and simple to make all kinds of transactions.

In my experience, probably Europe. It's weird though, because it's often easier to get crypto in countries where it's banned. This is because of little to no regulation, and the demand for it. In the US there are so many laws, it's always such a pain to sign up for an exchange, etc. In Africa I've heard it's pretty simple to get crypto because everyone uses it. As a US citizen, I would definitely say that Europe is better (not as many dumb laws relating to money laundering, etc.)

Malta is definitely a good country, but I do not really trust cryptocurrency projects that are registered in Malta, because I consider them not too safe

The cryptocurrency world really needs for more countries to embrace cryptocurrency rather than be against it. If major countries of the world go against cryptocurrency, how them do we achieve this much preached mass adoption. There are still countries that are crypto friendly anyway.

In crypto countries, I can be accessed by anyone. The Government is already providing licensing and many people are encouraged to learn crypto. Cryptocurrency is a technology that is advanced and has many advantages. So I argue that my country is very friendly with crypto.

in my opinion the most friendly country for bitcoin is Malta, Japan and Singapore, because in my opinion these countries are have very advanced technology, especially Japan, who doesn't know the country with the number one technology in the world, so cryptocurrency can be easier to enter these countries

South Korea has been extremely friendly towards crypto lately. It shows us that developed countries are hugely interested in the next-generation technologies. Japan has also done the same, as well as, countries in the EU and America. Only a select few countries like India, China, and some third-world countries are against crypto and Blockchain tech in general. But that's about to change, as society becomes more interconnected and people adopt new technologies every step of the way.

Governments worldwide will realize the huge benefits Blockchain technology provide towards the economy, leaving them with no choice but to accept mainstream cryptocurrencies more thoroughly. Considering that most cryptos are transparent by design, governments can easily track & trace transactions either for taxation or detecting illegal activities.

Which is why, I believe there may be hope that someday China and India will become extremely friendly towards crypto. Among the countries that are friendly towards crypto, the most restrictive one seems to be the US. We've seen how the SEC has recently cracked down on ICOs and a few exchanges. This environment makes it unsuitable for crypto growth and development, as businesses and corporations try to comply with fierce regulations in every way. Some exchanges have even banned US customers from using their platform, because of how restrictive the US government has been towards crypto. Still though, the US is the country with the most crypto supporters which I believe that it will improve its regulations within the not-so-distant future.

Nonetheless, it's good to know that more countries are becoming friendly towards crypto. Before you know it, nearly every country in the world would accept crypto as a legal form of payment. Just my thoughts

I think Korea is the most friendly country to Cryptocurrencies right now, I wish my country was that conducive, my country is very indifferent to Cryptocurrencies because those in charge are old men and women who do.not even understand what Cryptocurrencies mean.

I think most third world countries in Asia and Africa are crypto friendly and tend to welcome the idea. I see a lot of these countries not only promoting the blockchain technology extensively, they seem vested and fascinated by the idea. Equally, their citizens participate actively in crypto related activities without any form of restrictions.

Now I know that there are some countries in Asia such as Japan, Korea and Singapore that have very open policies for the cryptocurrency market. This is reflected in the fact that there are many big Exchange about cryptocurrency formed in these countries. The development in Asian cryptocurrency markets has caught up with the major countries in the world.

Singapore and Japan I think are the most advanced due to their governments acceptance

Thailand will be a friendly country with crypto, I see this is very potential because Thailand has the principle of freedom and openness. I hope that more and more countries will have a friendly policy towards crypto users.

There are some countries that are very much friendly concerning crypto while some are strict and want to enforce regulations and related measures with other countries completely against it and all it stands for. So you could divide all countries into three different categories. Asia countries have accepted cyrpto currency like Japan, Korea with Switzerland and Canada also good with cyrpto.

It's good to know that Russia has started to support crypto, after being hostile towards it some time ago. I guess that they've realized the true potential of crypto and Blockchain technology, which led them to such decision. As we all know, most governments accept crypto mostly with the intent to tax it. Bitcoin, Ethereum, and most other cryptocurrencies with a transparent blockchain ledger will see the approval of most of the world's countries. However, that won't be the case with privacy-oriented coins like Monero and Grin, since it's becomes harder for governments to tax them at all.

Despite this, it seems that the number of countries that are friendly to crypto is growing each day. It's hoped that as Blockchain technology progresses, every country in the world will embrace it for the greater good. This will pave the way towards digital Fiat currencies powered by the Blockchain within the not-so-distant future.

Nonetheless, I believe that Japan and the US are among the most friendliest countries in the world towards crypto and Blockchain technology. The NEM cryptocurrency has been very promient in Japan (being used at a large scale), while Bitcoin and Ethereum has been used massively within the US. Which is why, developed countries have greater chances of accepting new technologies than those in the third world. Just my thoughts