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Topic: Which countries are more friendlier to crypto? - page 4. (Read 3936 times)

member
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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.

Japan is the first country to allow transactions at merchants using bitcoin. Japan has always loosing tight on regulations for cryptocurrency and I think Japan is the most friendly country. But now many countries allow crypto transactions but crypto as a commodity
hero member
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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.
full member
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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.
full member
Activity: 1106
Merit: 166
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With tightening regulations from the US and some countries worldwide, the growth of crypto and Blockchain technology is becoming somewhat slow. We've seen how the SEC has been against ICOs all along, while some people in the government have proposed to ban privacy-oriented cryptocurrencies. In other countries like China and India, they've been proposing to ban Bitcoin in its entirety which could have a huge impact on crypto's growth within such areas.

Why is why, I'm curious to know which country is the friendliest to crypto nowadays? Or, which countries are more friendlier to crypto than others?

There was once a site called "Bitlegal" which showed the countries of the world, that were friendly to crypto and Blockchain in general. However, it seems to be widely inaccessible these days.

Nonetheless, what are your thoughts about this? Huh
I think the current situation that lots of country are friendlier to the cryptocurrency but no one will hundred percent trusted that vector field to be successful in the future and helpful for their country development and lots of complication is also available for legalizing it that's why I think till now it is in the middle situation.
full member
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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 this list. I was actually looking for that for sometime now. More and more countries are coming up with their own rules and regulations now for the crypto which is really a good sign overall.
jr. member
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I haven't studied much about crypto restriction in some certain countries, but a lot of start ups and project I've seen are mostly from, based in or have an affiliation with countries such as malta, slovenia and mostly estonia. I think those are the 3 countries with biggest support for cryptocurrencies.
full member
Activity: 1498
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With tightening regulations from the US and some countries worldwide, the growth of crypto and Blockchain technology is becoming somewhat slow. We've seen how the SEC has been against ICOs all along, while some people in the government have proposed to ban privacy-oriented cryptocurrencies. In other countries like China and India, they've been proposing to ban Bitcoin in its entirety which could have a huge impact on crypto's growth within such areas.

Why is why, I'm curious to know which country is the friendliest to crypto nowadays? Or, which countries are more friendlier to crypto than others?

There was once a site called "Bitlegal" which showed the countries of the world, that were friendly to crypto and Blockchain in general. However, it seems to be widely inaccessible these days.

Nonetheless, what are your thoughts about this? Huh
I think all the people in all over the country will definitely friendly to the currency but you will not never support cryptocurrency in any situation because their economical situation will definitely effect when they are legally accepting the date of release function that's why I think this is the current situation now.
sr. member
Activity: 819
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I think Korea and Japan will always into crypto because they are the most advance when it comes in technological devices and trends. Cryptocurrency is one of that for sure. In fact, they are already selling cars and they accepting bitcoin as a mode of payment just google it and it will for sure appear. Many crypto will rise soon and I hope they will be accepted in many countries. Adoption is happening, I see a beautiful future to all of crypto lovers out there.
Those countries that still didn't accepting crypto, I think they should think about it again because it can be the greatest regret that they made if experts are right in their speculation of the value of bitcoin.
member
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Most Economic Country are friendlier to crypto just like Singapore and Japan those country are E-commerce and also there are opportunity that bitcoin will be notice to the investor introduced the power of blockchain and mostly ICO's investor are from Singapore and Japan.
But I would also note China, because this country has contributed a lot to the cryptocurrency, and a lot of projects have been created in China
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There are many countries that legally accepted to cryptos, but there is one country that more friendlier to cryptos that country is Japan.
yes I agree with you, the use of crypto in Japan is very developed, different from other countries. even in my country I do not reject crypto, but only recognize it as an investment asset. the use of crypto as a currency has not happened in my country. need more big countries that prove the effectiveness of using crypto as a means of payment.
hero member
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in my opinion swiss and singapore countries are very friendly with the presence of crypto today. besides that Vietnam is also quite friendly and many crypto projects come from this country.
Yes all these counties are good for crypto currency as they are liking them as crypto currency gives us better future, in my country crypto currency is really valuable, singpur and Philippines are going to make it legal and allow their people to invest and to make their life even better, India and Japan are now accepting crypto currency more these days.
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My knowledge Singapore reserve one of the friendliest country for crypto investment.
You want to do any startup business with the idea in cryptocurrency you can go ahead and start your business at Singapore from that e-estonia has e-governance with blockchain enabled. Maybe they have big business background with cryptocurrency.
jr. member
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In my opinion, Gibraltar, Malta, Japan, Ukraine, Estonia and Switzerland are the most friendly countries in relation to cryptocurrencies and cryptocompany.
copper member
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It is true all these government of some countries placing some restriction on Crypto but not all of them . We still have some crypto friendly country that embraces cryptocurrency and blockchain technology. As far as i know Singapore, Malta Japan and Switzerland are Crypto friendly countries.
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When it comes to crypto friendly country,  Singapore and Malta comes in mind these two countries have a good policies for crypto lovers,  no strict regulations no much tax on crypto investors
If we are talking about taxes, we can choose many European countries, where the cryptocurrency is officially allowed and there are no taxes at all, for example, such a country as Belarus
member
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in my opinion swiss and singapore countries are very friendly with the presence of crypto today. besides that Vietnam is also quite friendly and many crypto projects come from this country.
jr. member
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As far as I'm concerned, the most friendly countries to the cryptocurrency are those that have not yet interfered with the cryptocurrency
Some countries are left with no choice than to just allow it to have its course. Some countries are seriously ridden with poverty and seeing that their citizens have gone for an alternative, that will help to reduce or eradicate it, they just simply allow it.
legendary
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Well, I read that the most friendly countries to the crypto currency are: Japan, Germany, Estonia and Singapore. Most of all I like Japan, this is the country where I can even move to live, since there are a lot of interesting things there, besides loyal crypto laws.

Japan is one of the most friendliest countries you could imagine. Knowing that NEM cryptocurrency has a lot of influence there, gives an indication of Japan's friendliness towards crypto. Japanese people seem to be very acquainted with the latest technologies. Which means that, they'll embrace new ones that are bound to change the world for the better (like Blockchain technology).

Usually any developed country is extremely friendly towards crypto. Only a small few countries like China and India have been against crypto, but that's bound to change soon. Russia was in the same stance as these countries, and now it has changed its mind. As long as crypto can be easily tracked and taxed by worldwide governments, then it'll be accepted as a legal form of payment.

The rest will depend on people's adoption within the mainstream world. Considering how viral Bitcoin and other cryptocurrencies became in 2017, the whole ecosystem will continue to grow into a solid workhorse for the world. Once crypto is strong enough, then it could easily compete against Fiat in many ways.

Nonetheless, with countries' acceptance towards crypto, new merchants and businesses could make use of this exciting new technology. As Blockchain becomes scalable enough to handle large TPS, it'll become the true replacement of our traditional financial system. Just my thoughts Grin
full member
Activity: 574
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With tightening regulations from the US and some countries worldwide, the growth of crypto and Blockchain technology is becoming somewhat slow. We've seen how the SEC has been against ICOs all along, while some people in the government have proposed to ban privacy-oriented cryptocurrencies. In other countries like China and India, they've been proposing to ban Bitcoin in its entirety which could have a huge impact on crypto's growth within such areas.

Why is why, I'm curious to know which country is the friendliest to crypto nowadays? Or, which countries are more friendlier to crypto than others?

There was once a site called "Bitlegal" which showed the countries of the world, that were friendly to crypto and Blockchain in general. However, it seems to be widely inaccessible these days.

Nonetheless, what are your thoughts about this? Huh

Based on my observation, I think the most friendliest nation to crypto are the european nations and some asian countries like singapore, japan, and indonesia. Most ICOs are actually originated in european countries and some famous exchangers are actually operated in singapore and japan. I think those nations are more open to the possibility of incorporating crypto into their society.
legendary
Activity: 2478
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Well, I read that the most friendly countries to the crypto currency are: Japan, Germany, Estonia and Singapore. Most of all I like Japan, this is the country where I can even move to live, since there are a lot of interesting things there, besides loyal crypto laws.

You have missed out the super friendly countries like Malta, Gibraltar and now recently San Marino. I was also thinking Japan and Germany but they are not friendly towards everything. Malta and Gibraltar for example actually have pure blockchain laws that were enacted specifically for the industry needs. There is a big reason Binance moved two times and ended up in one of those spots!


I think that Malta is so friendly to crypto and any other kinds of investments, because their territory is so small and foreign investments and crypto free laws are the only keys to fill the budget and not turning into local branch of Congo, Uganda and etc.
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