Bitcoin Forum

During the BlockShow Europe 2018 conference, experts compiled a list of the most friendly countries for cryptocurrencies and blockchain projects.

In total, the list includes 48 States. For its preparation, experts studied the development of political, legal and business spheres, taking into account the taxes that are imposed on cryptocurrencies.

"Switzerland has become a Central hub for cryptocurrency projects around the world thanks to the positive regulatory dynamics in the Canton of Zug. < ... > Canton of Zug became home to several projects and funds, including the Ethereum Foundation, Tezos, Dfinity, Bancor, ShapeShift," the study said.

The conference website published the top 10 friendly cryptocurrency projects of the countries. The top five included Gibraltar, Malta, great Britain, Denmark.

https://blockshow-rating.com/

It is really good to hear the news. I think all the countries should accept it in order to proper development of the industry. In my view, Japan is another country which is very much crypto friendly.

news that makes me happy, this is very positive news, by hearing this news, I believe Cryptocurrency will continue to grow and grow in other countries, I am sure other countries will accept Cryptocurrency.

There are a number of countries that accept Cryptocurrency trading at the momment, such include Japan, whichis basically the bitcoin capita, Denmark,Sweden, Azebijian

Yes, there are some jurisdictions that have become crypto friendly. I think this is a great first step and that others will follow. Including future regulation which contrary to what most people think, it can help a lot the crypto space (because sometimes feels like the jungle).

It's encouraging to read this and hoping for more positive news for cryptocurrency, what I noticed is that it's only in Europe according to this news that optimum support is for crypto. I'm just trying to make calls to other continents to go the way of digital currency with the help of the government and legislators most especially Africa where I am from.

Switzerland certainly does everything right, first became the main bank for ordinary money and deposits, now they are still the first in the field of digital currencies

No doubt that Switzerland is one of the most crypto friendly country.
Check the rest.
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

48 countries is a great deal. Out of 195 I guess, this is a huge and material number of countries that is into cyrptocurrency. I would love to see this number increase overtime. The internet is a game changer. Cryptocurrency is just one of it's evolution. Time will come and it will evolve further and better.

Oh thanks for this i'm looking forward bout my country that will adopt cryptocurrency too. But anyways thanks for sharing. Switzerland is a first world country and wants to use a cashless society however things are getting are much easier if you choose to adopt blockchain.

This news is quite interesting to hear because it's an indication that there is serious adoption of cryptocurrency in these 48 countries. I was wondering when my country will be among the list of friendly countries to cryptocurrency.

Regulation by some people is very bad and they think the regulation can control the price and make them not decentralized anymore. That is not what i thought, i thought regultion will help the cryptocurrency growing since with regulation we can built people trust to involve in crypto world and support it.

More and more crypto companies are establishing themselves in Switzerland.
Little known fact: Ethereum is actually a Swiss non profit organization.

Switzerland is especially becoming an attractive country to start a business in securities since the laws are very clearly defined and transparent, uncorrupt beaurocracy.

Take the company I am wearing in my signature, for example, Swiss Real Coin.
It is a security token for real estate assets.
Establishing in Switzerland and complying to the relevant Swiss laws is much more beneficial than trying to navigate the crazy waters of the US and the SEC.

Another interesting thing I got from the list, is that the top 10 is all European countries.
This is interesting because the vast majority of the money involved in Crypto is actually in Asia, not the west.
Hopefully, European countries can provide a model for regulation and free crypto trading economy that will attract institutional investors on a large scale.

Malta is one of the best country, I haven't been there but with so much positive news coming out like these:
First with the 0% tax on crypto profits.
Countries With 0% Tax On Bitcoin/Cryptos: Tax Free Life (https://coinsutra.com/tax-free-bitcoin-countries/)
Then the rest are.
Malta’s Cabinet Approves Cryptocurrency Bill (https://news.bitcoin.com/maltas-cabinet-approves-cryptocurrency-bill/)
Malta Prime Minister Welcomes Binance to Its “Blockchain Island” (https://news.bitcoin.com/malta-prime-minister-welcomes-binance-to-its-blockchain-island/)
Malta to Give “Peace of Mind” to Crypto Companies (https://news.bitcoin.com/malta-give-peace-mind-crypto-companies/)
Malta Determined To Become the ‘Blockchain Island’: Regulations, Adoption, Binance Headquarters (https://cointelegraph.com/news/malta-determined-to-become-the-blockchain-island-regulations-adoption-binance-headquarters)
Although there are countries who are contradicting these good vibe news still it only means that crypto's are big deal.

This is another recognition for the investors of the crypto currency market as well as the users of the block chain technology. Now this market is getting popularized and recognized by the different experts also. This is also good news for the bitcoin users. Now many and many investors will be encouraged to invest in this market and when they will come for investment, they will invest in bitcoin as it is safe and popular.

Singapore has become another deal to the majority of crypto projects. More and more countries are taking the advantage by become the crypto friendly countries. I guess we are still at the beginning of the golden era of the cryptocurrency itself. This is a really good list.

Of all these countries, only the UK can somehow significantly influence the decision of other countries to take a crypto currency. The rest look positively, only to improve and develop their country and economy. We are waiting for the time of the world currency.

Thanks for posting this I totally agree with you. After the blockshow Europe 2018, many people gained interest in cryptocurrency.

Yes Switherland and Malta are the best countries to managing crypto bussiness. I hope they'll show a good example to other countries to open their borders for crypto. I have no doubt that crypto will be used word-wide one day.

Crypto currency friendly countries make us happy. These countries are often small countries and have many advantages. I hope new countries will be added to this list  :)

You know Country Switherland and Malta are the best Country to manage the business of cryptocurrancy. You hope they will show good example to other Countries to open their border for cryptocurancy. You do not doubt that cryptocurrancy will be used all the time. But things become easier if You choose to adopt Blockchain.

This is a great news! Crypto currency is undoutedly very friendly to people. It is a decentralised currency where no third party including dfferent banks and government can interrupt. It is very secured currency where no conversion is done anywhere you go to this world. So, this news is going to motivate a lot of investors to invest on crypto currency. :o

Its great to hear a big advent to this globalisation that countries are being crypto friendly and even it should be done as it contributes to the development of country and the nation.

This is a truly positive precursor to the responses of the rest of the world, a definitive indication of universal acceptance and adoption becoming a necessary eventuality.

I think it's a good thing to have more countries keep it friendly! However, many countries now pay attention to blockchain technology, and they maintain a neutral attitude toward cryptocurrency! I think with the constant development of cryptocurrency! It will eventually be accepted by more countries! I am looking forward to his future!

Switzerland is friendly not only to deposits in dollars or Euros. This country always looks to the future. And it's not surprising that they create special departments deal with the storage of your digital money.
I, by the way, participated in two Swiss projects on ICOs. There people are calm. There is no frenzied correspondence. Very rarely questions on the case and brief answers. I like. :) Foreigners in this chat are very different. They try to write a lot, ask the same thing. Swiss very quickly explain that it's not necessary to flood. Read the chat, use the search, and then ask. Heck. I like it.

Its really good to see the countries who are supporting cypto world undoubtely. There was a time when many countries are not supporting crypto but now the time has changed and many countries are supporting it. Its a really good feelings.

The small countries of Gibraltar and Malta have a reason to compare special currency friendliness. These small countries are weak and open some good policies to attract large exchanges into these countries, which will bring a lot of tax.

these countries such as Switzerland, UK, Denmark , Germany they are going on the right track, some times it feels like, if i could shift in one on these. when will all others country will become crypto friendly?