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Topic: Which countries are more friendlier to crypto? - page 3. (Read 3962 times)

member
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I think scandinavian countries and switzerland are more friendlier than the other countries. I might add south korea(due to massive amount of projects)
South Korea has well organized ICO projects in their countries. there are strict regulations carried out by the government for crypto companies. because the government knows the great opportunities and dangers of using crypto assets in their countries.
hero member
Activity: 1302
Merit: 540
I do not know exactly how many countries have become familiar with cryptocurrency so far. But what I know is that many countries are adopting cryptocurrency taking leverage of this innovation. Unlike in the past, the mass people have started embracing cryptocurrency. But in my country, any type of crypto-related activities are banned.
There's a lots of countries who's now catering the service of crypto though it's still small numbers compared to the actual count but it's far better than what it is way back 2-5 years ago, we can say that there's already a lots of interest coming from different sectors and they are seeing the usage of this system maybe adding 2-5 year more we will see mass adoptions everywhere.
sr. member
Activity: 798
Merit: 250
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I think scandinavian countries and switzerland are more friendlier than the other countries. I might add south korea(due to massive amount of projects)
member
Activity: 770
Merit: 14
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I do not know exactly how many countries have become familiar with cryptocurrency so far. But what I know is that many countries are adopting cryptocurrency taking leverage of this innovation. Unlike in the past, the mass people have started embracing cryptocurrency. But in my country, any type of crypto-related activities are banned.
full member
Activity: 514
Merit: 100
When you say which country are more Crypto friendly, I say most of the Asian country except china and India, most of the blockchain from asia are coming from indonesia and philippines too they have their own Bitcoins exchanges and mostly korean exchanges have more popularity than japan crypto exchanges so all Asian Country are friendly except few.

Indonesia has a local exchanger and members able make transaction or buying cryptocurrency using local fiat. Cryptocurrency has been popular in last several years in Indonesia but the Government still not provided regulations when used at merchants.
Now indeed the progress of the cryptocurrency is very large. And I strongly agree that in Asia it is a friendly country with crypto. And year after year it will continue. In various European countries, crypto-friendly, like Ukraine & Switzerland, is one of them which I think is crypto friendly too. So now of course every country does not want to miss the blockchain technology.
member
Activity: 812
Merit: 11
When you say which country are more Crypto friendly, I say most of the Asian country except china and India, most of the blockchain from asia are coming from indonesia and philippines too they have their own Bitcoins exchanges and mostly korean exchanges have more popularity than japan crypto exchanges so all Asian Country are friendly except few.

Indonesia has a local exchanger and members able make transaction or buying cryptocurrency using local fiat. Cryptocurrency has been popular in last several years in Indonesia but the Government still not provided regulations when used at merchants.
member
Activity: 210
Merit: 15
When you say which country are more Crypto friendly, I say most of the Asian country except china and India, most of the blockchain from asia are coming from indonesia and philippines too they have their own Bitcoins exchanges and mostly korean exchanges have more popularity than japan crypto exchanges so all Asian Country are friendly except few.
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Activity: 461
Merit: 17
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Although there are many countries now supporting the affairs of cryptocurrency and blockchain in their own way, there is a country I believes that stands out and that is Switzerland. Switzerland government regulations are friendly for the blockchain space thus the reason most upcoming blockchain projects are launching there. Another country is  Malta, their regulations too is friendly as there are already launched blockchain projects.
In my opinion, there are now many countries that accept the presence of crypto money, either as a means of payment or as an investment. This country is mainly in developed countries such as the United States, Canada, Japan, South Korea, the United Kingdom, etc.
Crypto's investment is currently progressing because digital trade is understood by the public and the government facilitates its use, it turns out to be very profitable.
legendary
Activity: 1036
Merit: 1002
As far as I know since last 2017, south Korea is more friendlier with crypto. Although western countries been promoting cryptocurrency as their mode of payment transactions, more of asian countries now on development to establish good crypto community. South Korea has beem using crypto bitcoin for their basic payment transactions, and they're not very strict to that because people is very convenient to use bitcoin.
jr. member
Activity: 546
Merit: 3
Nigeria is pretty friendly with crypto. The government of Nigeria has not laid down any laws regarding cryptocurrencies and Blockchain projects. The government is even yet to recognize blockchain technology in a meaningful way. So you can create a blockchain project and trade your cryptocurrencies without any fuss.
jr. member
Activity: 280
Merit: 5
from the African continent, i only know that the following countries are bitcoin user friendly, Nigeria, Ghana, Kenya, Uganda.  south Africa. i know there are other countries that support bitcoins but few are familiar and are crypto friendly.
sr. member
Activity: 938
Merit: 255
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Although there are many countries now supporting the affairs of cryptocurrency and blockchain in their own way, there is a country I believes that stands out and that is Switzerland. Switzerland government regulations are friendly for the blockchain space thus the reason most upcoming blockchain projects are launching there. Another country is  Malta, their regulations too is friendly as there are already launched blockchain projects.
full member
Activity: 518
Merit: 102
Indeed, the most friendly to cryptography are progressive countries such as Singapore, Japan and Korea, as they are the first to introduce and prove the value of new technologies for society and do it quite successfully.
full member
Activity: 390
Merit: 100
i think Russia is a friendly country for cryptocurrency, like we know many project are launched from this country and the goverment are supporting blockchain and cryptocurrency industry, and another country maybe China, australia, Japan, Estonia
full member
Activity: 285
Merit: 100
You are in cryptocurrency, you know that cryptocurrency isn't legal in some countries. If you check highest volume, banned country always highest.

It is true that the more people prohibit marketing, the more people will care about them. Bitcoin and the crypto market are no exception
jr. member
Activity: 42
Merit: 1
Australia is certainly very friendly to crypto but you must pay tax on crypto profits https://www.coinspot.com.au/buy/hst
legendary
Activity: 3220
Merit: 1363
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China is a semi crypto friendly country to me because they only support cryptocurrency in stance which they will only profit from it but they don't totally ban cryptocurrency there but there are some certain rules and restrictions involve in crypto trading or investment there.

As far as I know, mining Bitcoin is not illegal within China. That's why Bitmain has successfully established its business without restrictions. Of course, China has been concerned about ICOs and crypto trading. But nowadays, ICOs are a thing of the past where most countries don't need to worry about them. As long as crypto can be easily taxed, then I see no reason why they should ban it. China could see the opportunity this brings to it, adopting crypto and Blockchain technology every step of the way.

Speaking of China, the NEO blockchain seems to have strong ties with it. NEO, being a Chinese project, aims to bring a smart economy for the world. It hopes to collaborate with the Chinese government in order to establish digital identities across its Blockchain platform. This means, that slowly but surely, crypto is becoming friendly to even the most restrictive countries in the world.

Nonetheless, crypto seems to be highly friendly towards developed countries. If we were to categorize them in order, from the most friendliest to the most restrictive ones, then it would be as follows: Japan, UK, Malta, Singapore, and the US. As crypto improves over time, it'll become much faster and cheaper like never before. Such benefits will become attractive towards the eyes of governments worldwide, effectively embracing crypto and Blockchain tech like you've never imagined. Just my opinion Smiley
hero member
Activity: 3024
Merit: 745
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One of the countries that are more friendlier to crypto was Australa, Europe, Japan, China, Russia, and Korea, Singapore and Philippines those are the nations on which I knew that are open now into crypto currencies and had their own exchange to each of them for sure.
China? they have most of the miners in the world but it's very confusing regarding their whole stance in the crypto market. A lot of news came out that crypto is ban but it seems that ICOs were the only thing that has been banned on them. Well before they are one of the biggest country and influencer in the crypto market but now it has changed. Don't forget about Malta.
China is a semi crypto friendly country to me because they only support cryptocurrency in stance which they will only profit from it but they don't totally ban cryptocurrency there but there are some certain rules and restrictions involve in crypto trading or investment there.
The news were confusing that says they are all in for crypto ban but later on the news tells that they just banned the malicious ICOs.
Then the ICO market is about to be gone which means that China has nothing to ban completely now because people's attention are no longer into it.
full member
Activity: 896
Merit: 103
Ukraine is very friendly for crypto currency, in some shops we have possibility to buy products by bitcoin!
hero member
Activity: 2786
Merit: 657
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One of the countries that are more friendlier to crypto was Australa, Europe, Japan, China, Russia, and Korea, Singapore and Philippines those are the nations on which I knew that are open now into crypto currencies and had their own exchange to each of them for sure.
China? they have most of the miners in the world but it's very confusing regarding their whole stance in the crypto market. A lot of news came out that crypto is ban but it seems that ICOs were the only thing that has been banned on them. Well before they are one of the biggest country and influencer in the crypto market but now it has changed. Don't forget about Malta.
China is a semi crypto friendly country to me because they only support cryptocurrency in stance which they will only profit from it but they don't totally ban cryptocurrency there but there are some certain rules and restrictions involve in crypto trading or investment there.
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