Malta and Singapore are crypto friendly, Estonia too. Most countries place strong restrictions to crypto because of insecurity posed by crypto and also the fact that many people will drift from taxes with crypto. They also fear that crime rate will increase, so they try to protect their citizens by placing those restrictions. I think China and USA so far have placed greatest crypto restrictions, but crypto still booms in those countries.
Malta seems to be the most supportive country for cryptocurrency because recently its government has always encouraged people to use crypto to store personal assets and to fund new blockchain projects that are currently in town this market . I have been to this country several times and they are really friendly when it comes to crypto. I think one day if I have a lot of money I will go to this country to live because I am a person who loves making friends with crypto lovers. 
Topic: Which countries are more friendlier to crypto? - page 8. (Read 3910 times)
Korea and Singapur are the most loyal countries for crypto from what I know. I wish my country would be as loyal to crypto as these countries.
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?
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?
I would say my country, Estonia. We are very digitalized and our elections run on a blockchain technology system. It is quite easy to get a crypto license and you can register as an e-resident to start your own company at the EU.
I assume my country (Indonesia) is friendly enough for crypto sustainability. even though in my country crypto has not received support from the government but crypto users can remain calm, crypto here only gets small obstacles and does not last long, and most importantly those obstacles never make users in unfavorable conditions.
Malta and Singapore are crypto friendly, Estonia too. Most countries place strong restrictions to crypto because of insecurity posed by crypto and also the fact that many people will drift from taxes with crypto. They also fear that crime rate will increase, so they try to protect their citizens by placing those restrictions. I think China and USA so far have placed greatest crypto restrictions, but crypto still booms in those countries.
Probably the Philippines. The regulation here is not strict and so far, there are no taxes in it. There are also companies that accepts Bitcoin now and a company like coins.ph that helps people store Bitcoin easily.
The cryptocurrency right now is so much popular to the whole world but the most friendly countries i think which is the U.K, japan, argintina most probably the cryptocurrency are now legalized to their government and they use crypto in their local transaction.
In my opinion in Indonesia is a country that is quite friendly with crypto, in this country the government does not prohibit if bitcoin is used as a digital asset. but there are no detailed rules regarding that 
I cannot speak for other nations about the issue of government acceptance of cryptocurrency but I am know that the government of my country are indifferent about the crypto space and the citizens, which means that citizens can trade cryptocurrencies anyhow and any where the like.
In my little knowledge I think the first and foremost is Switzerland. I have read many news and analysis both in whitepapers and otherwise stating that the regulations about crypto in that country is friendly, thereby making most blockchain projects to launch there. Another good and friendly country is Singapore which is followed by Malta, these countries also have friendly regulations for cryptocurrency projects.
Crypto friendly countries include Japan, Singapore, Vietnam and Malta. Those countries are not strict about dealings in cryptocurrency. They give free hand to their citizens in order to participate actively in cryptocurrency.
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?
i cant say that Philippines is the friendliest but atleast one of crypto friendly countryWhy 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?
because goverment is not against in crypto and there some website where you can pay using crypto for your daily needs.
Yesterday there was news circulating regarding Russia's minister that they want to develop an island based on crypto transactions and businesses, so looks like Russians have also realized the importance and future prospects of crypto now which is very positive for the market.
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
While the SEC aims to protect investors, it's been somewhat restricting the growth of the crypto industry within the US. Regulations are extremely tight, preventing businesses and startups to increase the adoption of Blockchain technology. We've seen how the SEC has targeted Kik lately with its issued tokens that are claimed to be a utility token by the company (whereas the SEC says otherwise). This provides confusion and limits the growth of the ecosystem, as companies and startups cannot provide a proper definition of a security or utility token.
Still though, I believe that regulations will improve over time making the crypto space a much better place. Comparing the world's top countries, the US seems to be the most friendliest to crypto. I believe that the UK and Malta comes next, as they've been supporting the growth of Blockchain technology in every way. As for China, it may have been restrictive towards crypto and Blockchain in general, but it could change its stance in the future.
In the end, I believe that all of the world's countries will become friendly to crypto one way or another. If crypto can be easily taxed and regulations enforced, then governments would have nothing to fear. Hence, more countries should be recognizing crypto as legit within the next 5 to 10 years from now. Just my opinion
Definitely not USA, because I can only read news about banning any type of ICO and so on. Thats why I think that Europe is very friendly and I am not speaking about countries like Japan that are going to release they own crypto soon.
It seems to me that Japan, Malta, China, European nations and parts of Africa are countries which are more friendlier to crypto than the others. People here can trade cryptocurrency without any problem.
1. US
Because many crypto developers are from the US, even the most bitcoin ATMs are in the US and see via coinatmradar: https://coinatmradar.com/countries/
2. Switzerland
In my opinion, this country is fully supportive of crypto, how can it not, in this country all businesses are legalized by crypto and even supported by the government. Not only that, tax payments in Switzerland can also use crypto.
3. Japan
This country is not much different from Switzerland, the Japanese government legalized crypto and supported it. There have been many business entities providing crypto payment services and this country has a crypto exchange that has been recognized by the government.
additional list of all countries and their status to crypto: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
Because many crypto developers are from the US, even the most bitcoin ATMs are in the US and see via coinatmradar: https://coinatmradar.com/countries/
2. Switzerland
In my opinion, this country is fully supportive of crypto, how can it not, in this country all businesses are legalized by crypto and even supported by the government. Not only that, tax payments in Switzerland can also use crypto.
3. Japan
This country is not much different from Switzerland, the Japanese government legalized crypto and supported it. There have been many business entities providing crypto payment services and this country has a crypto exchange that has been recognized by the government.
additional list of all countries and their status to crypto: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
When you say friendly, do you mean countries where trading cryptocurrencies has been made legal? In my country, it is not against the law to trade crypto but it has not been made a legally-backed financial setup either. Few countries I know that are crypto friendly are Malta and Japan
Where not many people use cryptocurrency, there is a lot of loyalty. Since they do not pay attention to those who do it. In Ukraine, for example, when changing the president, I see that they want to do the state in the smartphone and on the basis of the blockchain. It is very cool and gives confidence in moving on.
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?
Well it depends on the law environment of the country, some countries especially in some part of the world is not really concerned about what's happening in the Crypto space, not because they are sure that they won't be affected by it, but because they are not aware of it's Working and how it's going to bring the government system down to the ground, so they allow users operate freely without being disturbed by any agency. 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?
Jump to: