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Topic: Which countries are more friendlier to crypto? - page 9. (Read 3936 times)

sr. member
Activity: 910
Merit: 255
i am not sure. i only know about my country. and so few people know about blockchain technology and cryptocurrencies. they mostly heard a bit about bitcoin but they dont know the details they know it only as a financial item.
full member
Activity: 486
Merit: 100
It seems to me that China and Japan are more friendly to cryptocurrency, but also all countries of the European Union.  because they are more modern and more far-sighted in the future, they all understand that we will not leave it anywhere.
full member
Activity: 602
Merit: 111
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 Japan because they taking everything possible for a future that's why they are improved a lot and their technology and intelligence is also improving more than the other countries in this world I think they must be a huge uses in world in field.
sr. member
Activity: 728
Merit: 263
ASIA....

JAPAN and SINGAPORE is a very friendly country in this world and the Philippines is having their steps also for a good build.
I hope every country will follow and will have a mass adoption with cryptocurrency.

Some countries in Asia accepted bitcoin but India which is a populated country banned bitcoin.Also Bangladesh banned bitcoin recently and announced punishment of 6 months to bitcoin user.I think countries like Brazil, Iraq is more bitcoin friendly than Asia.               
hero member
Activity: 1666
Merit: 453
ASIA....

JAPAN and SINGAPORE is a very friendly country in this world and the Philippines is having their steps also for a good build.
I hope every country will follow and will have a mass adoption with cryptocurrency.
full member
Activity: 420
Merit: 101
I think Malta should be the first because with many blockchain projects being launched there means their regulations is easy to adhere to. Also, Switzerland shouldn't be left out, and just like Malta also has friendly regulations which will attract more blockchain startups while helping already existing projects to grow. Japan, Singapore and Korea also looks friendly for blockchain projects.
sr. member
Activity: 840
Merit: 250
You probably see that only Asian countries pay attention to cryptocurrencies. As in their economy banned foreign investment. And that would not violate the law people buy cryptocurrency in large volumes.
member
Activity: 1204
Merit: 38
Malta is the most Cryptocurrency friendly country in the world.In India when Goverment seaze the bank accounts of indian local crypto exchange most of exchange shift its office and operate there exchanges from malta. malta government welcome them.
I think Malta is Most crypto friendly Country
When government wants money in anyway then they will allow anything by getting taxes from them.India don't have decisions against cryptos only banks have and its is not a surprise that banks against it because if cryptos grows then there will be no banks.
Government will do everything on their position whenever they  like to get something out from existing service inside their govern territories, they have
the power and rules can easily be created to make things to happen, no question about that, and those who already state their positions about crypto
are places who believes that this system can help the economy in anyhow.
Some countries want to help the citizens but there are lot of countries who only see their benefit not anything for the citizens.

If crypto becomes their mainsream payment system then government has some sort of loss in their income but will help to increase the standard if living every citizen in their country.
full member
Activity: 925
Merit: 100
The best country fully encouraging upcoming projects is Switzerland, reason is that the government enforced rules or regulations which are easy and convenient for new startups. We already know about Malta and how many blockchain projects already there, which is also as a result of friendly regulations. Another country is Japan as I have seen projects launching there too.
copper member
Activity: 206
Merit: 1
I think Estonia and Singapore are crypto friendly.  Many countries place restrictions on crypto because they are skeptical about it, too many fraud in crypto space and it's yet to get mainstream adoption.
newbie
Activity: 6
Merit: 0
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.




Thank you very much! I think this information will be quite useful for me and another people who want to use their cryptos on some countries.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
Such friendliness in my opinion will not last in any country no matter how tolerant or nice the government is ... This is why cryptocurrency exists in the first place.
 I think people should focus more on building their crypto startups/dreams on solid blockchain ... this will keep the community a bit invincible.
sr. member
Activity: 602
Merit: 250
It seems that the Swiss country is the most friendly towards the development of cryptocurrency. Switzerland is the most famous country with banking, but also provides space for cryptocurrency. For other countries such as Japan, it is also a country that is friendly to crypto, because I think they know the future potential of crypto that will be better and more successful.
legendary
Activity: 2674
Merit: 1048
Most countries who accept bitcoin or cryptocurrencies as a whole only use as trading place or an investment place only. I will happy if there is country who accept cryptocurrency and be used by all crypto users over there as an opportunity to make cryptocurrency such as bitcoin be use as payment system so as there will many merchant who familiar with cryptocurrency. This thing will make each countries who still ban bitcoin to be use payment system will be aware if they use cryptocurrency will give affect to their economy also for their currency even this way can make their citizen easily when he make a transaction.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
Malta is the most Cryptocurrency friendly country in the world.In India when Goverment seaze the bank accounts of indian local crypto exchange most of exchange shift its office and operate there exchanges from malta. malta government welcome them.
I think Malta is Most crypto friendly Country
When government wants money in anyway then they will allow anything by getting taxes from them.India don't have decisions against cryptos only banks have and its is not a surprise that banks against it because if cryptos grows then there will be no banks.
Government will do everything on their position whenever they  like to get something out from existing service inside their govern territories, they have
the power and rules can easily be created to make things to happen, no question about that, and those who already state their positions about crypto
are places who believes that this system can help the economy in anyhow.
hero member
Activity: 1876
Merit: 512
Malta seems to be the most Crypto friendly country for ow, Binance moved to the place last year, there are others like Switzerland and Singapore which are in contention but to see the prime minister of a country to personally invite companies to his country speaks volume
full member
Activity: 874
Merit: 125
European countries are much more friendlier to crypto than anywhere else. The countries with opressive governments that uses force control to rule over their citizens are against the crypto and made it illegal. Crypto brings freedom and privacy which frightens an tyrrant government as they fear people would revolt against them when they feel what real freedom is.
jr. member
Activity: 1806
Merit: 2
As you know Blockchain is new technology and growing very fast in the world so some countries adopt legally and some are adopting in crypto so No.1 is Japan where BTC is legal tender and some more counties are supporting.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
Malta is already doing well and offering a good ground for blockchain projects. Singapore isn't left out too, as I have come in contact with most projects there doing arguably well. But there is one country which is taking others by surprise and that is Switzerland. Switzerland government regulations on blockchain projects is highly friendly and suitable for growth of the crypto space.
copper member
Activity: 966
Merit: 14
I think the first country to make my list as the most friendly is Switzerland, this is because of their friendly regulations. Another country is Malta, many blockchain projects are already there but Switzerland tends to offer more.
The last in my list is Japan, as they are trying their best to accommodate blockchain projects.
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