Topic: Which countries are more friendlier to crypto? - page 5. (Read 3936 times)

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!

It looks like your country are still included on the country that puts crypto in the gray area too and me too, but singapore is the best country for crypto startup because its regulation is so easy compared with another country. Switzerland was another country too but it's a bit complicated for crypto company to be registered on Switzerland.

The Philippines have shown greater level of enthusiasm when it comes to crypto as it is always seen in their news although they may lack some facilities that may boost its mass usage in their country such as adequate crypto merchants, Bitcoin ATM, own exchanges etc. Anyway, UK and Japan are also neutral and has shown great level of enthusiasm towards crypto.

I'm surprised that Japan is in 11th place, in my opinion, they are the friendliest, they have used Cryptocurrency a lot to groceries, airlines and I even read one article where some companies are offering Cryptocurrency as an alternative to their salary Korea should also be there maybe they are listed in the top 20, not in the top 11.

Japan has been known to be friendly to cryptocurrency. A few years ago, in Japan, I was able to make transactions at merchants using cryptocurrency. I think this is about the regulation of the government and the Japanese government providing leeway for regulation of cryptocurrency so that citizens understand cryptocurrency or blockchain

It seems that my country is a country that is friendly to cryptocurrency. Even though we are currently not allowed to use crypto as a payment tool, we can trade crypto with fiat freely because crypto is considered a commodity.

You're spot on with Singapore, I will also add Japan, maybe Australia too. Meanwhile India has turn full cycle on crypto. Infact totally against crypto as things stand. Thus making me weary of any Indian run projects in the crypto space.

I think you're almost right, there are countries that have just allowed or forbidden the cryptocurrency on the territory of their state and there are a lot of such countries

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.

That's certainly true, mate. A large number of users belong to North America simply because the USA is the most friendliest country in the world towards crypto and Blockchain technology. Their regulations may be fierce, but at least they have prevented many scams and criminal activity within their territory. In contrast, countries that are too restrictive such as China and India, have virtually a small number of users supporting crypto.

It all comes down to the government's stance towards crypto whenever they fully support it or not. Given that slowly but surely, many worldwide countries have been accepting crypto as a legal form of payment, there's nothing stopping Blockchain from growing within the mainstream world. Eventually, countries that are restrictive towards crypto like China and India, will change their mind into supporting this revolutionary form of money once and for all.

Despite this, it's safe to say that the number of countries which are friendly to crypto is more vast than we've ever imagined. Most countries in the EU are friendly towards crypto, as well as, other developed countries within America like the USA and Canada. It's only a matter of time before third-world countries join the movement, in order to support crypto and Blockchain technology in their entirety.

Nonetheless, I believe that the USA is the most friendliest country to crypto followed by other countries in Europe like Malta and the UK. Time will tell us whenever it will stay that way or not. Just my thoughts

As far as I'm concerned, the most friendly countries to the cryptocurrency are those that have not yet interfered with the cryptocurrency

Singapore, almost all Asian countries and Europe. If you hear a good exchange about the next crypto summit or any government thinking about accepting currencies, those news are coming from Europe or Asia.

Thank you for sharing this list. It would be a great help especially when some people enjoy Crypto as well as travelling to other places. I hope that every country will be friendlier in the near future. Crypto is not quite different to digital currency but better than them so it would be nice if they will give chance to crypto.

If you look at the numbers, you would see that a huge number of crypto users belongs to North America and this is because these countries like Canada and the US have been pretty friendly towards crypto. Romania is another country that is very safe and secure when it comes to investment in crypto and in blockchain technologies. You could read about other countries on safety index page.

There are so many countries with such local exchanges, but that does not mean that the whole system of that country favours the existence of cryptocurrency.
If a country does not yet have policies that support the propagation of cryptocurrency, then it means it is not yet in support of it. So it needs to be made formal.

I think the answer is Malta and south korea, I'm in the habit of promoting Asian projects this days simply because they are more addicted to the technology and their adoption rate is marginal compare to the rest of the world

It is very likely IDAX is a scam but the project accusing them should be checked as well, they harboring them until CMA came out to expose them, team like migranet and xcrypt new the kind of exchange IDAX is and they also agree to the SOLD OUT remark which reverse was the case (deceiving investors with such remark) (SOLD OUT)
Who is to blame the project team or idax?

Switzerland is friendly to all money, even in crypto. The country of future. Also i feel confident when see ICO registered in Switzerland, it means they passed all theirs bureaucracy and present the real documents and everything. So for me its number one for now

South Korea is well-known to be friendly towards crypto as well. Japan too, as well as, most countries in the EU and America. Some countries even created their own cryptocurrency (like Venezuela with its Petro coin). This means, that they've shown interest in the development of the crypto and Blockchain sector in general. The world's changing at a fast pace, where it's necessary to adopt the latest trends in technology or be left behind.

While third-world countries are limited in technology, some of them have adopted crypto by their own. Venezuela is one of those countries, as well as, Brazil. As Banks study the benefits of the Blockchain, they could make use of it in order to eliminate physical cash for good.

Nonetheless, the number of countries which are restrictive towards crypto seem to be lesser over time. Russia had once been against crypto, but now its changing its stance in some ways. China has done the same thing, and it's only a matter of time before India follows. Eventually, worldwide countries would accept crypto as a legal form of payment as they would be able to tax it. Since most popular cryptos like Bitcoin and Ethereum are transparent, it's easier for governments to track down transactions like never before. But, this may take some time until it becomes a reality. Just my opinion

Now new countries got added Thailand and UAE and African countries most of these countries are getting adapted because of blockchain technology  and bitcoin  mass adoption