Bitcoin Forum

I know the topic was covered a bunch of times already, but the rules change fast and really curious on getting the most recent thoughts on this.

What countries in your opinion are the best for the ICO's right now and is it likely to drastically change in the next 2 years, and why?

Thanks!

P.S. To moderators: Sorry if I'm posting this in the wrong part, please move

Every country has its positives and negatives when it comes to ICOs. The worst probably is United States across the board, but the ICO itself is more regulated by people looking to invest rather then the company itself. This means that running it in any country will work, but you need to follow each participating countries legal rulings when it comes to the ICO itself.

As for the best country I would say Malta just for the fact they are pushing the blockchain technology and very large cryptocurrency companies are moving there.

Of cause when we are talking about "good" or "bad" countries for an ICO, we are mentioning legal regulations inside these countries.
That is why it is possible to say, that best countries for ICOs are countries where crypto is not regulated yet.
Because if it is forbidden to do anything with crypto is the country, you are breaking the law.
If crypo field is accepted by laws, you have to pay taxes.
And if there is no regulations, you can do whatever you want  ;D

Singapore, Swiss and Estonia are friendly countries  for starting an ICO.

Hi, you have a great topic for discussion, but for me, i believe those countries that does not regulates cryptocurrencies are good for ICO's., I mean i also believe that this countries that legalize bitcoin are a good example of countries to run for ICO's., but of course there are lots of positives and negatives that would happen when running an ICO's.

Nevertheless, i hope that this existing ICO's running in the market would adhere to their business goals and continue their development in order to satisfy their customers and business clientele.

Have a great day.

I think the countries that have legalized cryptocurrency are the best countries for ico. We know since 2 years ago many countries was legalized crypticurrency and every years continues to grow. And I hope my country will also legalize cryptocurrency

I guess the best countries, for now, would be Europe and the countries of south Asia as they didn't so much regulation on Icos yet and i will stay away from USA because it made alot of restriction on Icos and cryptocurrencies in the last couple of months

I'd add Belarus here too. It has legalized running crypto projects recently.

France should become another choice but the ico creator must register its ico to the regulators to get an official license from AFAC. But canadians countries look the best place for the majority of ico companies right now consider there is on a lot of restriction to run ico in there. Just like bitfinex will try to move its company to the canadian country.

All but not russia!

Belarus, Estonia.....Georgia is also good

I think Japan and South Korea are the best countries for ICO. Of course, there are some government regulatory voices in these two countries. It may be possible for the ICO to develop further after a moderate regulation, and it is clear that in these two countries, the attitude of the ICO is very open. In addition, Russia may also have the best choice of ICO, but there are many frauds coming from here, so we must be careful.

Not really, there are countries which prohibit ICO means only negative for ICO there and also country with strict rules and the some which ICO friendly, even USA only allow accredited investors only to invest into certain ICO and really prohibit ordinary people to invest into an ICO.
So it's better to make analyzation first regarding which countries is cryptocurrency friendly and which is not.

European countries are doing very well in terms of ICO mostly German ICO Startup Projects do it very profesionally and transparent. I don't know of UK, But Swiss ICO is OK . Then Asian countries mostly Singapore, Korea and Japan. In fact it appears that Europe and Asia are taking the lead .

Author, do you mean best for running ICO or investing in ICO?
The answers will be different.
For running ICO are better countries with little or no regulation.
For investing in it are better countries where there is regulation because it'll be safer for investors to invest into checked ICOs.

I think that it is not the country itself who will make a good ICO, it will be the team behind the project. No matter what country is the team came from, as long as they are dedicated to their work and will true to their investors, it will be one of the best ICO. Of course, the project must also have a good vision, mission and unique to others. Even a third world country can make a good ICO, it will really depends on the team.

I think the best countries for ICO are some of the EU countries, the countries that crypto regulations have not taken place. They are the best country for ICO

I can only think of two countries, Malta and Japan, they are open minded and they adopt the blockchain technology, I will fully support projects or ICO that these two countries endorse, one of the ICO that Malta supports is Providence, so Providence has all my support.

I think the country countries in Europe are good cubes for ICO. while asia there singapore.hongkong and dubai.
in my view a country with a good economy will produce a good ICO. but the rules of state regulations will always change according to the state of the country's economy.

I would also add here Ukraine. Although it is from there! For countries where there is a co-ordination
it's better to bypass projects! Even in the countries of the Asia , EU ,USA there is SCAM, what then to talk about the CIS.

UK and some other European country is good for ICO.

Each country has its own best ico. All projects are from the state of their own country, then they create innovations and ideas that insert into that ico .

I think it's Switzerland.
Switzerland is very friendly to ICO, because ICO is legal in this country, so I think I will choose Switzerland.

I think that Switzerland is now the best country for ICOs. Now many projects and well-known exchanges are moving to Switzerland, because the laws of this country are very good for cryptocurrencies goods. I think, if some countries change their attitude towards cryptocurrencies, these countries will also be favorable for the new ICOs.

The best countries were those with the highest number of successful ICO cases. ICO Producer experts used the data of the Coinschedule site - they sorted ICO by the total number of investments and selected the first hundred projects from the list. Then they contacted their developers and asked in which countries they registered the ICO. Of the one hundred projects, 47 could not respond to the request. Thus, the study was conducted on the basis of data from 53 successful ICOs, which attracted more than $ 10 million.
Singapore Switzerland Cayman Islands

As far as I can know, the best countries in which it is worth registering such companies are Singapore or Ireland, you can certainly look at Switzerland, but I can not be sure of that.

Not really, there are countries which prohibit ICO means only negative for ICO there and also country with strict rules and the some which ICO friendly, even USA only allow accredited investors only to invest into certain ICO and really prohibit ordinary people to invest into an ICO.

In two years many things will be different, the best countries for raising icos are the countries without any laws about icos and cryptocurrencies, and it would be the best for all of us to stay like that. Icos are already regulated by their white paper, you know how much coins they will have, their plans, governments will try to stop ordinary people to be free to make icos to invest in them, governments will try to earn from us again, or take money from us. In same time companies that wish ti make ico will be stopped cause of the government regulations, they will need to pay again to some big corporation to do that for them. All in all fuck government regulations, I hope there will be at least couple free countries in all this planet.

Estonia, Switzerland and Slovenia are all super friendly ICO/crypto countries.

IF the ICO has to do with mining though, might try Georgia - the electricity there is super cheap and there's little to no taxes on mining.

Source - https://icoguide.com/en/blog/5-most-crypto-friendly-countries-in-europe

I believe it's Gibraltar, Isle of Man, France, South Korea and Japan these days. As these countries tend to regulate the ICOs and doing the regulations friendly towards the ICOs.

From my personal point of view, the ICO in any country has its good and bad side. It is important that we have professional expertise in evaluating an ICO.
In order for ICOs to make better changes and prevent fraud, I think the Japanese and Americans will do well.

Lets get about this question in other way round! The countries which are banning the ICO's are the worst to start with (off course) and you can always trust all otters countries because they are the only one left who can legally put ICO's up front! So with that in mind we can straight away say that America, Part of Europe, China and Indonesia are the countries which has bad reputation of the whole ICO idea.

So if you ignore these countries then in rest of the world the ICO stuff is rally doing great. Off course anything coming from the Japan would be far more legit than any other country considering the fact that they have already made up the legal tender for it.

Estonia and Switzerland are more remarkable for me. But still like Malta as the root city of all ICO. And to choose ICO by countries is stupid, because now a lot of scam and you have to choose very different parameters.

Take a look at an article about the most crypto-friendly countries in Europe. https://icoguide.com/en/blog/5-most-crypto-friendly-countries-in-europe

I meant running an ICO

Also we're US residents, the country should have Double tax treaty with the US, so we won't have to pay double taxes from any potential profits on the project.

Take a look at an article on List of Top Cryptocurrency and ICO supportive Countries in the World: https://cointopper.com/guides/list-of-top-cryptocurrency-and-ico-supportive-countries-in-the-world (https://cointopper.com/guides/list-of-top-cryptocurrency-and-ico-supportive-countries-in-the-world)

All countries in which crypto is allowed and there is no KYC,SEC. But in this case there are a lot of scammers, and this only undermines the authority of the ICO, so take it yourself, which is better.

Here is interesting article on the topic, it relas to Europe, but still it might be useful: https://icoguide.com/en/blog/5-most-crypto-friendly-countries-in-europe

well yes your statement in accordance with my statement, because I every follow Bounty Campaigne average of this country all its ICO successfully entered into market Exchange.

but maybe it's just a coincidence, because every country must have its own positive too, so we should not discriminate something for a cause.

Here most crypto friendly countries in Europe, I guess they will be also good for ICO: https://icoguide.com/en/blog/5-most-crypto-friendly-countries-in-europe

i think the best countries for an ico are those country who do not have any thing against crypto currencies but any country that regulate cryptocurrencies is not a best country to an ico.

Singapore. The Monetary Authority of Singapore (MAS) is good for crypto-currencies, MAS is actually the central bank of Singapore and manages the entire financial sector of the country, in Singapore, 20.7% of successful ICOs were conducted.

I think that actually Switzerland is the best country for an ICO because it has well regulated  the sector with clear rules.

I've seen many ICO recently, I don't really think about that much. Just go for ICOs that which can rise exponentially, which have promising teams and a good expansion plan. Tomochain, Sparkster, Edenchain and Liven are the ones I'm going for.

The most favorable countries in my opinion are Hong Kong and Singapore. In these countries, very favorable conditions for ICO and the entire crypto currency in general. A lot of positive feedback from those who work there. It's worth to look who are going to devote themselves to the crypto world

Why is Korea and Vietnam not friendly to ico?

It is clear that the best countries for the creation and promotion of projects are the USA, United Kingdom and Singapore.

Now at current time the ICO that starts with the acceptance of an ICO regulating government would create more attention and hence would get more investments as investors would feel much secure that their investment is being used by a legal project.

I am not agree that because USA is against in Bitcoin because many bad rumours are created in USA so USA is not a best country in Crypto community. But UK, Singapore and Japan are best place in ICO and day by day Crypto supporters are increasing in the world so all the countries are accepting the Crypto platform in future.

Not really, there are countries which prohibit ICO means only negative for ICO there and also country with strict rules and the some which ICO friendly, even USA only allow accredited investors only to invest into certain ICO and really prohibit ordinary people to invest into an ICO.

All countries in which crypto is allowed and there is no KYC,SEC. But in this case there are a lot of scammers, and this only undermines the authority of the ICO, so take it yourself, which is better.

USA is the best for me because they are the number one country in the whole world who accepts cryptocurrency open arms and they rules and regulations are strictly implementend for securities.

The best countries for ICO projects in Europe are Malta and Belarus, in Asia: Japan and Singapore. In the US, very "slippery", in the morning Trump can allow everyone to participate in ICO, and in the evening to prohibit.

Perhaps ico is the best country in Japan. Although I rarely participate in Japan’s ico, Japan’s current supervision of ico should be the most rigorous in the world. This can effectively prevent various scmas, so Japan’s ico should be of high quality.

Japan for starters, they are the most cryptofriendly country. US has so many regulations so i think its not a good pick. Singapore also is ok and South Korea stretching its arms to cryptocurrency i think would be good to start an ico since its still gonna be fresh.

I think the worst ICO is China. Because China has a lot of ICO projects, many people can't see it at all. In the second half of 2017, hundreds of ICOs will be released every day in China. This is extremely rampant.

Only few countries were restricted their citizen from investing into ICO and most of the countries allowing us to participate on our own risk but in future  we may see the changes in ICO inestment in many countires because many countries were regulating the crypto currency investment so mostly ICO will be restricted in that case.

If you are looking for a reliable government structure that would help you with the ICO, then you definitely should pay attention to Singapore. The Monetary Authority of Singapore is good at crypto-currencies. In Singapore, 20.7% of successful ICOs were conducted. Management actively supports experiments in the field of financial technology and launched the Fintech Regulatory Sandbox program.

for and ico the best countries are japan,Switzerland, Netherlands, Ireland, Estonia,... above this i deeply support japan very much.

I think Swiss country is having best urge to have ICO's in place. Due to the fact that they have more or less no restriction over the ICO formation and crypto adoption they are very much ahead of other countries in giving out genuine ICO's. I have experienced many ICO's from Swiss side who always become more successful than the others. This might be because people over there are very much interested in investing real money into them and high throughput is always guaranteed for such ICO's. So do check that one. And im guessing second popular country is Japan while non-popular or very much restricted country is America.

I read a lot about Switzerland and how good is life there! I would move there with pleasure! There's a different standard of living. And there is support for the crypto community. It was in this country that Ethereum was once launched, and the Ethereum Foundation Fund is found there. For projects related to the Ethereum platform this is a great place!

Estonia, Switzerland or Singapore seem like the obvious choices at the moment, I think most of Europe would be fine too.

I believe that Switzerland is presently the best nation for ICOs. Presently numerous undertakings and surely understood trades are moving to Switzerland, in light of the fact that the laws of this nation are useful for digital currencies merchandise. I think, if a few nations change their state of mind towards digital forms of money, these nations will likewise be positive for the new ICOs.

On my mind there is no difference between the attitude to ICO and the attitude to cryptocurrencies at all. So in countries with developing economy the level of interest to ICO is much higher than in Germany or USA.

I think the nations that have legitimized digital money are the best nations for ico. We know since 2 years prior numerous nations was authorized crypticurrency and consistently keeps on developing. Furthermore, I trust my nation will likewise legitimize cryptographic money

Now because of a huge amount of scam, it's easier to say about the worst countries for holding ICO such as India, Russia, etc.
If you think a little, the chances of success for new companies are much higher in good European countries, like Switzerland, than those of the rest.
Sincerely yours.

China and the US are quite bad due to strict regulations. The U.K. seems to be very good as far as I’m aware however you will need to pay tax on earnings. Other countries you do not

ICO has obtained quite a lot of attention recently, like a method to raise funds of the company Blockchain startups. The ideal country to ICO activities that are Singapore, Switzerland, Cayman islands.

Singapore, Switzerland are the best countries for ICO. Government of these countries support for the ICO activities. With the economy strong and the background science and technology development the country will help the project ICO flourished.

Although not a nation, this British Territory boasts one of the most exciting areas to build an ICO. Through its steady political and legal foundation, many companies have gone abroad, many of whom are corporate clients because they like the legal and regulatory frameworks that relate to them. International standards are more than operating under a brand management environment, which will make speculative initiatives more adaptable.

Gibrator and malta and swiss all these countries are best counties and ico friendly country anyone can launch their icos

Why do people hate russian countries so much more than other atleast they push their ico and maybe strategically you can have some gain along the way problem is their speed to get their project running is mostly very slow

Slovenia is a good one. They really interested in cryptocurrencies. Their government is keen to help make Slovenia a Silicon Valley of the blockchain. Also, it's one of the cheapest countries in Europe.

I think Japan is still the best, because this country has the majority of people already understand and use crypto, of course when there is a new ICO, ICO should be good because its citizens understand the world of crypto.

I think offshore zones like Gibraltar and isle of a man are good options because they don't have many problems with regulation. Also Belarus is pretty good for that because of 0% taxes.
Before I'd say that Russia and Kazakhstan are good options too but I don't think they are good right now due to uncertain rules of regulation.

Of cause when we are talking about "good" or "bad" countries for an ICO, we are mentioning legal regulations inside these countries.
That is why it is possible to say, that best countries for ICOs are countries where crypto is not regulated yet.
Because if it is forbidden to do anything with crypto is the country, you are breaking the law.
If crypo field is accepted by laws, you have to pay taxes.
And if there is no regulations, you can do whatever you want  Grin

Yes, here in our country we don't pay taxes yet on what we have earned in crypto but i think if more people are aware of crypto in our country i think our government will change it's stance on crypto and may taxed us.