Which country is heaven for crypto traders and Exchangers? - page 6.

kolesozw

legendary

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FRX: Ferocious Alpha

Quote from: markflayer on April 07, 2018, 02:52:47 PM

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.

From I know, Denmark and Switzerland are the best.
Low or zero crypto taxes, crypto-friendly governments, etc. The biggest con is that both are in top 10 of most expensive countries to live.

vrabac68

member

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Merit: 10

For me i Europe Switzerland and Estonia are among the ones who will adopt crypto and change the world and hopefully push other countries to adopt crypto

leea-1334

hero member

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Temporary forum vacation

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.

vaso11

full member

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Deal Coin - P2P Lending Eco-system

Quote from: markflayer on April 07, 2018, 02:52:47 PM

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 think that this is undoubtedly Japan, I believe that the country ahead of the world in the development of cryptocurrency

TwSeventh

full member

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it should be Singapore,
you can not compare it to others,because you do not need to pay the taxes unlike other country.
(even though some of it did the same thing like what singapore did to their citizen).
and the second one should be Japanese,
it is a bit strict compared to others,
but their government openly accepted it,so nothing to worry about if you are holding it or using it openly unlike others.

kingzpro

member

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DIFX - Digital Finacial Exchange

I think many countries are already legalizing crypto currencies by implementing taxes on them, if you are looking for tax free legal countries i think you need to move to off-shore islands maybe, on the serious note, i think singapore and hong kong seems the better places at the moment for cryptos.

Fazlurkhan.kz

full member

Activity: 266

Merit: 114

The United States, Denmark, Sweden, Netherlands, Finland, Canada, UK, Australia and many more countries are cryptocurrencies friendly allowing offers for traders and exchangers. They also support cryptocurrencies as a mode of payment in most of the local shops helping in improving the currency aspect of cryptocurrencies.
Russia, on the other hand, is a great place for miners to be as it will be soon offering tax-free mining areas as they do produce lots of electricity and have started supporting cryptocurrencies.

sheenshane

legendary

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So far as I know here our country in the Philippines our government was quiet in cryptocurrencies and one of that is bitcoin, they not having any law and regulation on bitcoin or putting a tax on bitcoin besides they recognized bitcoin as one of the currencies that may use in online transaction here our country. As of now in the survey result, we have a huge amount of users that based in bitcoin here.
If I was not mistaken the USA is the most country that rich in crypto, Japan is also rich in crypto but unfortunately lately they
closed 5 exchange site theirs.

Crasengover

full member

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Proof-of-Stake Blockchain Network

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.

MATHReX

sr. member

Activity: 861

Merit: 281

There are actually many countries in the favor of cryptocurrencies.
Here is the link to the list that I can find online:
https://coinsutra.com/tax-free-bitcoin-countries/
https://fynestuff.com/best-countries-cryptocurrency-investors/

iljamlnk

jr. member

Activity: 406

Merit: 3

Singapore is suitable for private investors who want to save themselves from the tax burden - digital coins in the state-city are not considered a commodity and therefore are not taxed. In addition, it is easy to do business there. But the risks are also high - the government can change its policy at any moment, and with the observance of the legislation in Singapore everything is very strict.
Belarus, in which the "crypt" was legalized earlier this year, and for entrepreneurs willing to invest in it, comfortable economic conditions were created.
Switzerland, traditionally famous for its banking system (which, by the way, for some time resisted inclusion in kriptonok), is adjacent to our chart with Russia, where the current blurring of the legislative base opens wide space for maneuver to the crypto entrepreneurs. Switzerland took third place largely due to the number of successful projects registered on its territory, while Russia is more likely because of the aforementioned elasticity of legislation.

markflayer

newbie

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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.

Topic: Which country is heaven for crypto traders and Exchangers? - page 6. (Read 476 times)