Topic: Which country is heaven for crypto traders and Exchangers? - page 5. (Read 476 times)
Japanese. There is a House if my opinion for crypto. all the things about crypto very liberated there. even many transactions also use crypto. This struck me as very beneficial for the economy of the country.
Many Countries have put restriction and banning crypto currencies. In this situation which country you think is supporting crypto currency activities? where Exchangers and traders have favorable environment.
Japan and Germany because the use of Crypto currencies of these two countries are free of tax and they full support the Crypto currencies existence especially the Bitcoin. In Japan every employee can now have the option to receive their salary in Bitcoin or in fiat but mostly they prefer to receive Bitcoin currency so that they could instantly to join Crypto currencies trading then in Germany the use of it is fully tax free in which it is in favor of the Crypto traders and investors too.
I don't know if it's the best country for crypto but Switzerland has really amazing laws for crypto businesses, miners and traders. You can even use crypto to pay your taxes over there. So that sounds like heaven to me !
Crypto traders and exchangers should know that there is always a potential county that can be your so-called "heaven" and I think that is Philippines. Philippines is a third-world and developing country. So there is so much room for improvement. The government is silent about cryptocurrencies but they do seminars about it. Also the BSP (Bangko Sentral ng Pilipinas) allowed coins.ph, the number one remittance for btc and eth, to operate in the country.
I have heard that Singapore is the most cryptocurrency friendly country in the world. I don't even think they tax cryptocurrency gains. The country is also very clean and safe. Vitalik Buterin moved there for good reasons.
I can say which one is not, which is my country - Brazil.
Brazil has huge bureocracies, higher and confusing tax system and an oligopoly in banking (5 banks hold 90% of the market). It is definitely not friendly for crypto and I would say any innovatoin at all.
Brazil has huge bureocracies, higher and confusing tax system and an oligopoly in banking (5 banks hold 90% of the market). It is definitely not friendly for crypto and I would say any innovatoin at all.
I think malta is a crypto heaven now because many exchanges are moving to the country, Bianance moved to the country recently, weeks after they move to the country Okex follow suit and I see more exchanges moving to the country soon. So I think the country is crypto heaven
Russia, Japan and Singapore are some of the countries that has given some level of free hand to cryptocurrency. Their government has been very acceptable to blockchain technology and its principles. This has been noticed in an unhindered operations given to crypto exchangers in these countries.
Russia, is the same country I want to make mention of. The government is absolutely in support of blockchain technology in general not the type of country where the government would be spreading FUD around. Go really blessed Russians Many Countries have put restriction and banning crypto currencies. In this situation which country you think is supporting crypto currency activities? where Exchangers and traders have favorable environment.
I don't know who is better, but one of them is Belarus I believe. As far as I know, they are very loyal to the cryptocurrencies. Miners are exempt from taxes until 2023, if I am not mistaken. A wise decision by the government to attract more investment in their country.
I would defienetly say Japan, not only because the banks in Japan knows about bitcoin and as long as you pay taxes( usually a bit cheap compared to other countries), you won't have any problem to make banks transfers that are related to bitcoin.
Stores in Japan has a payment system that supports bitcoin and you can pay with bitcoin as easy as you would pay with credit card.
Japan also has huge exchanges with a decent volume, I would say that it is the perfect country for bitcoin traders.
Aside from those rich countries in bitcoin for me, Japan is the most among them all, and yes you are right that Japan has the largest trading companies in all countries then I say that they were abundant on cryptocurrencies users and stocks.Stores in Japan has a payment system that supports bitcoin and you can pay with bitcoin as easy as you would pay with credit card.
Japan also has huge exchanges with a decent volume, I would say that it is the perfect country for bitcoin traders.
The place for traders in Japan, but lately, they are having an issue of bitcoin. So, there are exchange site was decided to close due for that reason.
The best conditions for the development of crypto-currencies have developed in Japan, Canada, most European countries, Australia, the USA and Argentina. The government bodies of these countries obviously recognized the fact that the emergence of crypto-currencies is a natural process, and digital currencies themselves are a promising type of financial asset that is likely to become part of the global economy. In Belgium, for example, crypto-currencies are regulated in the same way as digital fiat money. In Germany, legislators are very close to recognizing tokens as private money. In Sweden, some crypto currency can be paid in the same way as a fiat one.
Many supporters of crypto-currency development in Asia. In Malaysia, they plan to create on their basis an Islamic financial system. In Singapore, where the legal conditions for circulation of digital currencies are quite flexible, the National Payment Council should soon begin operating, which will control this sphere.
Many supporters of crypto-currency development in Asia. In Malaysia, they plan to create on their basis an Islamic financial system. In Singapore, where the legal conditions for circulation of digital currencies are quite flexible, the National Payment Council should soon begin operating, which will control this sphere.
Many Countries have put restriction and banning crypto currencies. In this situation which country you think is supporting crypto currency activities? where Exchangers and traders have favorable environment.
I don't know who is better, but one of them is Belarus I believe. As far as I know, they are very loyal to the cryptocurrencies. Miners are exempt from taxes until 2023, if I am not mistaken. A wise decision by the government to attract more investment in their country.
I'd like to highlight first of all Japan, and also Malta that aims to be a major crypto-haven for Europe at least. Belarus and Singapore are also favourable countries for cryptotrading.
I would defienetly say Japan, not only because the banks in Japan knows about bitcoin and as long as you pay taxes( usually a bit cheap compared to other countries), you won't have any problem to make banks transfers that are related to bitcoin.
Stores in Japan has a payment system that supports bitcoin and you can pay with bitcoin as easy as you would pay with credit card.
Japan also has huge exchanges with a decent volume, I would say that it is the perfect country for bitcoin traders.
Aside from those rich countries in bitcoin for me, Japan is the most among them all, and yes you are right that Japan has the largest trading companies in all countries then I say that they were abundant on cryptocurrencies users and stocks.Stores in Japan has a payment system that supports bitcoin and you can pay with bitcoin as easy as you would pay with credit card.
Japan also has huge exchanges with a decent volume, I would say that it is the perfect country for bitcoin traders.
The place for traders in Japan, but lately, they are having an issue of bitcoin. So, there are exchange site was decided to close due for that reason.
Singapore, Japan, Korean 
I think all the countries that haven't started to regulate cryptocurrencies are good for traders. In Ukraine we don't have any regulation yet, but our government actively disscuss it and promise to legalize cryptocurrencies with taxes or ban if they won't be able to regulate it. But I hope that they wise enough to realize that ban is not a good solution for all of us and for them as well.
I think it is bit risky to go with such countries who did not regulate yet. If they regulate it and ban the crypto currencies or become more strict then can be problem. 
Russia, Japan and Singapore are some of the countries that has given some level of free hand to cryptocurrency. Their government has been very acceptable to blockchain technology and its principles. This has been noticed in an unhindered operations given to crypto exchangers in these countries.
I would defienetly say Japan, not only because the banks in Japan knows about bitcoin and as long as you pay taxes( usually a bit cheap compared to other countries), you won't have any problem to make banks transfers that are related to bitcoin.
Stores in Japan has a payment system that supports bitcoin and you can pay with bitcoin as easy as you would pay with credit card.
Japan also has huge exchanges with a decent volume, I would say that it is the perfect country for bitcoin traders.
Stores in Japan has a payment system that supports bitcoin and you can pay with bitcoin as easy as you would pay with credit card.
Japan also has huge exchanges with a decent volume, I would say that it is the perfect country for bitcoin traders.
I can not tell you for shure but I think is a country from asia, maybe Vietnam but I don't know for shure.
A bit sad to see that we have come to look for countries that are friendly instead of keeping crypto the way it was meant to be. Decentralized. Maybe one day soon we will see true P2P and true decentralization, that countries will try but keep failing to control. I just read today that Pakistan's big exchange has forced to shut down, that is truly sad. But do not worry, this will force people to seek elsewhere to sell and buy. Government cannot stop you sending and accepting crypto. They can try but now even without internet you can access Bitcoin.
Sad to see this. It is bit confusing why Govt's are acting like this.
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