Bitcoin Forum

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? ???

Here is the list of the most friendly crypto together with the reason why. A Complete List of Bitcoin Friendly Countries (https://99bitcoins.com/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 (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp), adding the link of an article about The Most Crypto Friendly Countries for Investors.
 (https://cointobuy.io/cryptocurrency-investing-tips-and-guide/the-most-crypto-friendly-countries-for-investors)

Singapore and Japan are the most cryptocurrency friendly countries as far as I know,even binance is going to launch fiat to crypto exchange sote in Singapore soon.Not sure about the regulation on those countries but it is good to have some restrictions to control the usage of cryptos from bad activities.

Switzerland. Thanks to a loyal tax policy and ample opportunities to use cryptocurrency as a means of settlement, a number of well-known crypto projects have already been registered in Switzerland. Individuals can freely use cryptocurrency for mutual settlements. Financial transactions involving cryptocurrency are not taxed.

Maybe in this world there are some countries that are quite friendly with the world of cryptocurenncy examples such as Japan Germany Russia and so on but I am more convinced that Japan that is friendly with the world of rubber cryptocurenncy has legalized bitcoin and the creator of bitcoin comes from the sunrise country, so in my opinion Japan  more friendly to the world of cryptocurenncy

Excellent decision made in Belarus.  Pay taxes is not necessary, full legalization.  Do you want to mine or sell, in general, everything connected with it.

I think countries like Japan, Singapore and Malta are friendly when it comes to cryptocurreny at large. In those countries, there is no ban on any crypto activities, the countries gives free hand to her citizens to participate in ICO.

Singapore is crypto friendly. Countries which do not place very high restrictions or tax on crypto related platforms especially exchanges are more friendly to crypto generally. Initially, India was crypto friendly not until presently that rumors have it that they imposed very harsh laws against crypto.

Thanks for sharing this useful list of sites, mate. They give a detailed explanation of which countries are friendly to crypto and which are not. Luckily, I'm in the US which is a country with a friendly stance towards crypto. The growth here of Bitcoin and Blockchain technology, has accelerated a lot, and adoption has been widespread across several states. Still though, I don't agree with "BitLicense" extreme regulations for crypto businesses within the NY state, but I believe that there's room for improvement.

What matters is that Bitcoin and other cryptocurrencies stay as regulatory-compliant as possible, in order to survive in the mainstream world. If governments are able to tax crypto successfully, then there should be no reason to ban it. Sooner or later, restrictive countries like China and India will realize this, paving the way towards the growth of Blockchain technology within such areas.

I believe that if China takes a positive stance towards crypto, things will change for the better. After all, China is the epicenter of Bitcoin mining. The Chinese government could easily tax crypto, while implementing its own regulations.

Nonetheless, the world is realizing that Bitcoin and other cryptocurrencies are essential alternatives towards the current Fiat system. Hence, it's only a matter of time before all of the world's countries accept crypto and Blockchain technology as a legal alternative to our traditional economy. Just my opinion :)

in my opinion swiss, this country is open with crypto and the majority of Swiss residents have used crypto. besides that my own country is Indonesia, has reached 1.5 million registered people even more.

There are only few countries which are crypto friendly. Switzerland, Japan, Singapore,Malta, UK, Luxembourg and USA. This countries are more crypto friendly then other countries.

There are many countries that are friendly with cryptocurrency. Japan, Singapore, Switzerland, some parts of the United States of America, Russia, Germany are the countries that give permission to deal in cryptocurrency to name a few. While many more countries are becoming friendly with cryptocurrency, some are coming harder on it. Like India is considering 10 years of imprisonment for dealing in cryptocurrency.

It is a place related to gambling right?

Having restrictions over the bad thing actually create good opinion about cryptos to the people,so it is not too bad to have some regulations even from the crypto friendliest country because they accepted it and try to make it as best possible payment system.

I agree with Switzerland, Switzerland, the majority of countries use crypto. And for Indonesia today there are indeed more cryptocurrency. But for crypto use as a payment, maybe not much. You mean that 1.5 million people registered, where are you registered? I myself just found out the amount.

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

I agree with other countries, aside from the US. They're still struggling classifying crypto as asset or currency. Thus, there's no big, legit US based cryptocurreny exchange. The US are very astute in doing business but they're letting their huge exchange fees on the Chinese's pockets.

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.

Most countries in Southeast Asia are crypto-friendly nations. I think most (if not all) parts of Africa too.
From where I am from, even the Central Bank approves exchanges to operate https://news.bitcoin.com/philippines-approved-cryptocurrency-exchanges/

As far I know, aside from Singapore and the Philippines, other South East countries remain neutral on cryptocurrency although they may show interest on blockchain. If I'm not wrong, even Philippines' legend Manny Pacquiao took part in marketing process of GCOX exchange's ICO. (https://www.ccn.com/boxing-legend-manny-pacquiao-latest-celebrity-to-turn-ico-promoter). Good news is, South East countries mostly neither ban or support crypto, which means their citizens still can trade on exchanges.

several ICO project mostly was conduct on Europe and Middle East, so you can freely buy and invest on that country, and i think Asia too, crypto was legal on there.

In my own opinion, the first is Switzerland owing to their friendly regulations, most upcoming blockchain projects are moving over their to launch.
Secondly, Malta looks good too as most blockchain projects are there already.
On the other hand, Japan and Singapore are also okay for blockchain projects as their regulations are friendly too.

In my opinion, Switzerland and Malta have always been the most loyal to cryptocurrencies, as in these countries they understand perfectly well that cryptocurrency has quite a lot of potential in the financial market. My personal opinion on this issue is that soon the majority of countries will legalize cryptocurrency and create favorable conditions for its development.

Japan,the US,Korea, and now quietly begins the whole world are drawn to this,Russia, too, belatedly but begins to consider various options for use,to know too, began to understand that this is the future,so that here soon everyone will be friendly to cryptocurrencies

Besides the United States of America and India, every other country of the world is friendly to crypto. There are several tight regulations by the USA making the acceptance of cryptocurrency slow, but hopefully, it should get better with time. China is also friendly but not entirely.

The SEC thing is true is that I think they should make it sooner, because that will protect more investors from losing money to scam projects. As for crypto-friendly countries I think Korea and Japan

Japan is a check, as we all know that they have been one of the friendliest country that has adopted crypto. Many stores has accepted bitcoin as payment and I think there are also some altcoins like Monacoin(?).
Korea, there is South and North Korea. We knew also that there are large exchanges on South Korea so it can be a judgment that they are friendly but about North Korea, I'm not sure but there were reports that Jim Kong-Un has a lot of bitcoin (or it's just a made story).

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.

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.

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.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.               

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.

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.

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.

Well it depends on the law environment of the country, some countries especially in some part of the world is not really concerned about what's happening in the Crypto space, not because they are sure that they won't be affected by it, but because they are not aware of it's Working and how it's going to bring the government system down to the ground, so they allow users operate freely without being disturbed by any agency.

Where not many people use cryptocurrency, there is a lot of loyalty. Since they do not pay attention to those who do it. In Ukraine, for example, when changing the president, I see that they want to do the state in the smartphone and on the basis of the blockchain. It is very cool and gives confidence in moving on.

When you say friendly, do you mean countries where trading cryptocurrencies has been made legal? In my country, it is not against the law to trade crypto but it has not been made a legally-backed financial setup either. Few countries I know that are crypto friendly are Malta and Japan

1. US
Because many crypto developers are from the US, even the most bitcoin ATMs are in the US and see via coinatmradar: https://coinatmradar.com/countries/

2. Switzerland
In my opinion, this country is fully supportive of crypto, how can it not, in this country all businesses are legalized by crypto and even supported by the government. Not only that, tax payments in Switzerland can also use crypto.

3. Japan
This country is not much different from Switzerland, the Japanese government legalized crypto and supported it. There have been many business entities providing crypto payment services and this country has a crypto exchange that has been recognized by the government.

additional list of all countries and their status to crypto: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

It seems to me that Japan, Malta, China, European nations and parts of Africa are countries which are more friendlier to crypto than the others. People here can trade cryptocurrency without any problem.

Definitely not USA, because I can only read news about banning any type of ICO and so on. Thats why I think that Europe is very friendly and I am not speaking about countries like Japan that are going to release they own crypto soon.

While the SEC aims to protect investors, it's been somewhat restricting the growth of the crypto industry within the US. Regulations are extremely tight, preventing businesses and startups to increase the adoption of Blockchain technology. We've seen how the SEC has targeted Kik lately with its issued tokens that are claimed to be a utility token by the company (whereas the SEC says otherwise). This provides confusion and limits the growth of the ecosystem, as companies and startups cannot provide a proper definition of a security or utility token.

Still though, I believe that regulations will improve over time making the crypto space a much better place. Comparing the world's top countries, the US seems to be the most friendliest to crypto. I believe that the UK and Malta comes next, as they've been supporting the growth of Blockchain technology in every way. As for China, it may have been restrictive towards crypto and Blockchain in general, but it could change its stance in the future.

In the end, I believe that all of the world's countries will become friendly to crypto one way or another. If crypto can be easily taxed and regulations enforced, then governments would have nothing to fear. Hence, more countries should be recognizing crypto as legit within the next 5 to 10 years from now. Just my opinion :)

Yesterday there was news circulating regarding Russia's minister that they want to develop an island based on crypto transactions and businesses, so looks like Russians have also realized the importance and future prospects of crypto now which is very positive for the market.

i cant say that Philippines is the friendliest but atleast one of crypto friendly country
because goverment is not against in crypto and there some website where you can pay using crypto for your daily needs.

Crypto friendly countries include Japan, Singapore, Vietnam and Malta. Those countries are not strict about dealings in cryptocurrency. They give free hand to their citizens in order to participate actively in cryptocurrency.

In my little knowledge I think the first and foremost is Switzerland. I have read many news and analysis both in whitepapers and otherwise stating that the regulations about crypto in that country is friendly, thereby making most blockchain projects to launch there. Another good and friendly country is Singapore which is followed by Malta, these countries also have friendly regulations for cryptocurrency projects.

I cannot speak for other nations about the issue of government acceptance of cryptocurrency but I am know that the government of my country are indifferent about the crypto space and the citizens,  which means that citizens  can trade cryptocurrencies anyhow  and any where the like.

In my opinion in Indonesia is a country that is quite friendly with crypto, in this country the government does not prohibit if bitcoin is used as a digital asset. but there are no detailed rules regarding that  :-\

The cryptocurrency right now is so much popular to the whole world but the most friendly countries i think which is the U.K, japan, argintina most probably the cryptocurrency are now legalized to their government and they use crypto in their local transaction.

Probably the Philippines. The regulation here is not strict and so far, there are no taxes in it. There are also companies that accepts Bitcoin now and a company like coins.ph that helps people store Bitcoin easily.

Malta and Singapore are crypto friendly, Estonia too. Most countries place strong restrictions to crypto because of insecurity posed by crypto and also the fact that many people will drift from taxes with crypto. They also fear that crime rate will increase, so they try to protect their citizens by placing those restrictions. I think China and USA so far have placed greatest crypto restrictions, but crypto still booms in those countries.

I assume my country (Indonesia) is friendly enough for crypto sustainability. even though in my country crypto has not received support from the government but crypto users can remain calm, crypto here only gets small obstacles and does not last long, and most importantly those obstacles never make users in unfavorable conditions.

I would say my country, Estonia. We are very digitalized and our elections run on a blockchain technology system. It is quite easy to get a crypto license and you can register as an e-resident to start your own company at the EU.

Korea and Singapur are the most loyal countries for crypto from what I know. I wish my country would be as loyal to crypto as these countries.

Malta seems to be the most supportive country for cryptocurrency because recently its government has always encouraged people to use crypto to store personal assets and to fund new blockchain projects that are currently in town this market . I have been to this country several times and they are really friendly when it comes to crypto. I think one day if I have a lot of money I will go to this country to live because I am a person who loves making friends with crypto lovers.

Its good to see that there are some Asian countries are friendly to crypto especially Japan was popularity when it comes in crypto, and I will also add to the list that has not been mentioned yet like Philippines and also Vietnam.

Initially, in many and even well-developed countries, cryptocurrency was met very wary.  Today, many countries have even decided to create their own national cryptocurrencies.  I would like to take for example Japan, which is very far gone in the development of its cryptocurrency business.  I would like to hope that the whole world will follow the Japanese example.

I know only about Switzerland, currently the most crypto friendly country with low taxes, around 5% (hope I am correct).

SEC is for 100 years against unregulated crowdfunding. Their interest is to give investors some security. With their infrastructure they try to weed out scammers that would take your money and run away. Such things rarely happened in past. With ICO it happened a lot. So they SEC guys damn worth their salaries.

Oh an d there will be in every government some people that will want to ban something. But none or rare governments will actually ban opaque ledger cryptocurrencies. Opaque ledger cryptocurrencies have a big use case to governments.

It seems to me that Asian countries also have a very good understanding of the cryptocurrency, although there are also stricter rules that apply to the cryptocurrency in Asia

Good point. If you see it that way, it's actually not that bad at all. But in some sense, it could be troublesome for libertarians and anarchists as the measures imposed by governments tend to be more restrictive than usual. As for me, I believe that regulation is the way forward for crypto to become used legally in every way. Regulatory-compliance for crypto might not be perfect nowadays, but it's doing great especially within the US.

As for other countries that are friendly to crypto and Blockchain in general, Malta seems to be the second in place (after the US). Binance exchange moved its headquarters there some time ago, as well as some other Blockchain startups. This is good for crypto within such country, as it will flourish in many ways without restrictions. In the case of China, it's somewhat more restrictive than the US, but slowly becoming inclined towards crypto and Blockchain technology. Considering that China is the "mainland" of Bitcoin mining, it could be highly beneficial to the crypto ecosystem with their full support of the same.

Nonetheless, it's hoped that more countries join the revolution in order to transform our economy, and most of all, our society for the better. Just my opinion :)

Well, according to what I read and know about the country which are friendliest in crypto are Europe, Japan, Singapore and Australia, because on this country crypto are most often used for payment by different merchants to their places.

Not sure mate, as far as I know, they are cracking bitcoin as well. Specially when they heard that it is being used in Bali, wherein it is a tourist spot, so obviously tourist can bring bitcoin with them and exchange to the local market. So it takes away the tax that the government should get.

https://bitcoinist.com/indonesian-government-cracking-bitcoin-use-bali/

To my mind all countries except USA. Look, they sue every single crypto project , even etherdelta. There are some crypto guys imprisoned for exchange on local bitcoin, also binance restrict USA citizens to buy BNB, it is insane!

for me my country is friendly, i.e. Indonesia, besides that the Swiss country is very friendly for crypto use. they have received full crypto payments and their government also supports them.

what you're saying and I'm sure someday, along with the development and technology of all countries, will need crypto currencies and indeed for now many developing countries can receive crypto currencies well

I feel happy that the list of Bitcoin (and crypto) friendly countries has been constantly growing. The USA leads here. Switzerland is known as the country which created its Bitcoin valley. Gibraltar and Malta are on this list, and they greet more and more cryptocurrencies. Curious, but Belarus, which is one of the post-USSR counties, is very loyal and friendly to those fellows, who work with the cryptocurrencies.

there are already quite a few countries in which loyal people appear in the government. sure after some time it will be everywhere

Since so many have pin pointed countries like Japan, Singapore and Switzerland,  i accept the to be verified. Also so many countries in the 3rd world axis are starting to fall in love with crypto too. Though,  on paper,  it's percieved  that governments of these state are hostile to crypto, it's operation are still flowing underneath.

I think that it is worth noting the countries where there are certain applications at even at the state level, the cryptocurrency is fully used, and there are also certain plans to create their own national cryptocurrencies, and you need to mention countries like India, the Russian Federation, where the government will impose a certain punishment for  use of cryptocurrency.  Already wives are a diode not only about conversations, but also about specific laws that may soon be considered by the legislative bodies.

it can be said if developed countries more easily accept crypto, for example Japan and America and other developed countries.
maybe because the people and government are more open to new developments in this era so they want to accept crypto.
and in my opinion China will also immediately accept to accept crypto.

Thanks for sharing the information. It will be a deal for projects or crypto startups who are looking for a crypto friendly environment for their establishment. Malta is still the most friendly and I see why many projects and even the well established ones are moving there.

The China-based projects have more potential than Europe based AI projects. This tendency changed to worse after the ban news from China government and India joined this list. The crypto friendly countries are now small East Europe countries plus Gibraltrar, Malta.

Without a doubt, developed countries more friendlier to crypto than those within the third world. They embrace technology in every way, which are quite progressive in this regard. As for third-world countries, it seems nearly impossible for them to accept crypto as a legal form of payment, mostly because they lack the technological infrastructure to support them. Still, people seem to find a way to use crypto even if some countries are restrictive to it.

In Venezuela, many people are using Bitcoin and Dash, despite being illegal in the country (as far as I know). Given that their national currency has experienced high inflation rates, they're resorted to other means which are ideal as a store of value. Perhaps in the future, countries which have troubled economies, will accept crypto as a legal form of payment. No one knows what will happen in the future.

Despite this, there are many countries nowadays which are quite friendly to crypto after all. Only a small few, are restrictive towards crypto, but they're starting to change their minds (like China) as they're realizing that crypto is too big to fail. Nonetheless, the US, the UK, Japan, and Malta, seem to be the most friendliest countries towards crypto within the mainstream world. Just my opinion :)

Currently Brazil is friendly. So the market can be considered a baby compared to China, America or developed countries. Overall, we can say that the emerging countries (BRICS) Brazil, Russia, China, South Africa, should be considered promising due to lack of development in the monetary and financial sectors and in my opinion cryptocurrency can help to match the expectations of technological advances .

My personal opinion is that the most friendly countries to the cryptocurrency are China, Japan and the United States, despite many prohibitions.

Of a truth I think Switzerland is the number 1 country offering friendly regulations to both existing and upcoming blockchain projects. Another country to consider is Singapore, their government is also trying to give blockchain projects an accomodating environment. Another country is Japan as I have seen projects doing well over there.

If you Google Search the most cryptocurrency accommodating country you could possibly get a very straight forward answer but still not be correct. My opinion would be that if your country has no ban placed on cryptocurrency then it's a good start

Thank you for the high-quality selection of links to the material. I know that some European countries accept cryptocurrency and create a favorable legal climate for cryptography. In Ukraine  is installed the first BTC  ATMs in Odessa. In October 2019 year will be  the bill on cryptocurrency and its taxation scheduled.

Most of the asia countries were more friendly in crypto, so as the selected western countries who continued to used and promote crypto adoption. Japan, korea and other neighboring countries now adopted crypto as one of their promising currency that caters usually their basic mode of payment transactions. How I wonder this will be applied on some other countries who totally educates themselves towards crypto.

I think asian countries, like China, Korea. Korea especially, saw many ICOs from that county with government money.
I think USA has the strictest laws about crypto, it is very hard to do smth there.

Interesting and very educational the list that was provided. In the Philippines, there are no issues yet though the Central Bank of the Philippines already sent a memo to all banks about accepting bitcoin as payment or deposit. Here the general mood of the people is that of ignorance. Many view bitcoin and cryptocurrencies as playground for the rich and powerful. Though there are businesses catering to cryptocurrencies like COINS.PH and ABRA applications.

But that will not happen easily consider both countries are still lack of knowledge about how important technology for us. When blockchain and crypto become the major trend and that will be the time they will try to adopt it dude. These countries are still coming with so many restrictions to technology like blockchain.

When it come to crypto adoption, well ASEAN countries have it huge numbers than to other areas only it happens that they usually converted it into fiat money since only few establishments accepting it by now. But it is good to see how this countries never look on the negative side of crypto instead, they give support into this knowing the fact that their people can get benefits from here.

Japan and Malta and South Korea all these countries are friendly towards crypto these countries legal framework and govt policies and support we have seen many new projects come from this place soon more new countries  may join like Swiss and Thailand

Based on what I have been hearing and according to this report : https://medium.com/%C3%A6ternity-ventures/top-8-crypto-friendly-countries-e6bbf90e8161 below are the list of top eight countries:

Malta — the Blockchain Island.
Liechtenstein — the Blooming crypto hub.
Japan — the Pioneering technological wonder.
Switzerland — the Crypto Valley.
Gibraltar — the Crypto Rock.
Estonia — the Baltic crypto power.
Barbados — the Caribbean Crypto-paradise.
Slovenia — small country with solid crypto plan.

 Malta is a very friendly country for crypto businesses, I heard a lot that it is the friendliest jurisdiction for startups.
 

My country is Indonesia and i think enough to provide easy cryptocurrency transaction. Although it can not be used as currency in a merchant but there is a Local exchanger and can buy a crypto with fiat money

I think countries in Asia like South Korea and Japan are friendly to crypto. This is evident from the two countries that there is currently no prohibition against crypto and they are still active in supporting crypto development

Attitude towards crypto-currencies in different countries is different. If there is no direct support for cryptocurrencies then it is not terrible, the main thing is that there are no bans from the States.

Maximum country are not supported the crypto and of country are announce its illegal site. I think some of country are friendly with crypto. Russia, japan , malta, south korea are support this crypto.

I find that Korea and Japan are among the countries that give their citizens the best access to crypto, making it easy for their citizens to invest and invest but still create laws to make citizens theirs are safe

It is obviously Japan, the birthplace of the revolutionary crypto currency Bitcoin. Japan has given freedom to a maximum extent to those dealing in or involving in cryptocurrency than the rest of the countries supporting cryptocurrency. It maybe cryptocurrency was born in Japan. Another country is Singapore followed by South Korea, Russia, Australia, USA, UK etc.

I wasn't aware of that. Still, it's good to know that another country is starting to embrace crypto and Blockchain tech in every way. This would allow the industry to continue growing until it's too big to fail. Actually, Bitcoin is the most popular and heavily-supported cryptocurrency of the world. The number of countries which are friendly towards it, are much higher that we've thought. Of course, there will always be opposition from some countries (like India and China), but time will come when they'll accept crypto no matter what.

The benefits of accepting crypto as a legal form of payment are too hard to ignore from governments worldwide. If they can easily tax it, then there shouldn't be any issues regarding the use and promotion of cryptocurrencies within their territory. But, this will take some time, as crypto is just starting to blossom.

Nonetheless, countries like the USA, Japan, Malta, Singapore, UK, and nearly every other developed country seem to be extremely friendly towards cryptocurrencies. The USA seems to be the one with the most tightening regulations for crypto, but it's been supporting crypto's growth every step of the way. At least, other countries are more flexible than the USA in this regard. Just my opinion :)

I don't know about Korea, but Japan is one of the few countries that does a lot for the cryptocurrency in its own country, and I would like to highlight China

Now new countries got added Thailand and UAE and African countries most of these countries are getting adapted because of blockchain technology  and bitcoin  mass adoption

South Korea is well-known to be friendly towards crypto as well. Japan too, as well as, most countries in the EU and America. Some countries even created their own cryptocurrency (like Venezuela with its Petro coin). This means, that they've shown interest in the development of the crypto and Blockchain sector in general. The world's changing at a fast pace, where it's necessary to adopt the latest trends in technology or be left behind.

While third-world countries are limited in technology, some of them have adopted crypto by their own. Venezuela is one of those countries, as well as, Brazil. As Banks study the benefits of the Blockchain, they could make use of it in order to eliminate physical cash for good.

Nonetheless, the number of countries which are restrictive towards crypto seem to be lesser over time. Russia had once been against crypto, but now its changing its stance in some ways. China has done the same thing, and it's only a matter of time before India follows. Eventually, worldwide countries would accept crypto as a legal form of payment as they would be able to tax it. Since most popular cryptos like Bitcoin and Ethereum are transparent, it's easier for governments to track down transactions like never before. But, this may take some time until it becomes a reality. Just my opinion :)

Switzerland is friendly to all money, even in crypto. The country of future. Also i feel confident when see ICO registered in Switzerland, it means they passed all theirs bureaucracy and present the real documents and everything. So for me its number one for now

It is very likely IDAX is a scam but the project accusing them should be checked as well, they harboring them until CMA came out to expose them, team like migranet and xcrypt new the kind of exchange IDAX is and they also agree to the SOLD OUT remark which reverse was the case (deceiving investors with such remark) (SOLD OUT)
Who is to blame the project team or idax?

I think the answer is Malta and south korea, I'm in the habit of promoting Asian projects this days simply because they are more addicted to the technology and their adoption rate is marginal compare to the rest of the world

There are so many countries with such local exchanges, but that does not mean that the whole system of that country favours the existence of cryptocurrency.
If a country does not yet have policies that support the propagation of cryptocurrency, then it means it is not yet in support of it. So it needs to be made formal.

If you look at the numbers, you would see that a huge number of crypto users belongs to North America and this is because these countries like Canada and the US have been pretty friendly towards crypto. Romania is another country that is very safe and secure when it comes to investment in crypto and in blockchain technologies. You could read about other countries on safety index page.

Thank you for sharing this list. It would be a great help especially when some people enjoy Crypto as well as travelling to other places. I hope that every country will be friendlier in the near future. Crypto is not quite different to digital currency but better than them so it would be nice if they will give chance to crypto.

Singapore, almost all Asian countries and Europe. If you hear a good exchange about the next crypto summit or any government thinking about accepting currencies, those news are coming from Europe or Asia.

As far as I'm concerned, the most friendly countries to the cryptocurrency are those that have not yet interfered with the cryptocurrency

That's certainly true, mate. A large number of users belong to North America simply because the USA is the most friendliest country in the world towards crypto and Blockchain technology. Their regulations may be fierce, but at least they have prevented many scams and criminal activity within their territory. In contrast, countries that are too restrictive such as China and India, have virtually a small number of users supporting crypto.

It all comes down to the government's stance towards crypto whenever they fully support it or not. Given that slowly but surely, many worldwide countries have been accepting crypto as a legal form of payment, there's nothing stopping Blockchain from growing within the mainstream world. Eventually, countries that are restrictive towards crypto like China and India, will change their mind into supporting this revolutionary form of money once and for all.

Despite this, it's safe to say that the number of countries which are friendly to crypto is more vast than we've ever imagined. Most countries in the EU are friendly towards crypto, as well as, other developed countries within America like the USA and Canada. It's only a matter of time before third-world countries join the movement, in order to support crypto and Blockchain technology in their entirety.

Nonetheless, I believe that the USA is the most friendliest country to crypto followed by other countries in Europe like Malta and the UK. Time will tell us whenever it will stay that way or not. Just my thoughts ;D

Well, I read that the most friendly countries to the crypto currency are: Japan, Germany, Estonia and Singapore. Most of all I like Japan, this is the country where I can even move to live, since there are a lot of interesting things there, besides loyal crypto laws.

I think you're almost right, there are countries that have just allowed or forbidden the cryptocurrency on the territory of their state and there are a lot of such countries

You're spot on with Singapore, I will also add Japan, maybe Australia too. Meanwhile India has turn full cycle on crypto. Infact totally against crypto as things stand. Thus making me weary of any Indian run projects in the crypto space.

It seems that my country is a country that is friendly to cryptocurrency. Even though we are currently not allowed to use crypto as a payment tool, we can trade crypto with fiat freely because crypto is considered a commodity.

Japan has been known to be friendly to cryptocurrency. A few years ago, in Japan, I was able to make transactions at merchants using cryptocurrency. I think this is about the regulation of the government and the Japanese government providing leeway for regulation of cryptocurrency so that citizens understand cryptocurrency or blockchain

I'm surprised that Japan is in 11th place, in my opinion, they are the friendliest, they have used Cryptocurrency a lot to groceries, airlines and I even read one article where some companies are offering Cryptocurrency as an alternative to their salary Korea should also be there maybe they are listed in the top 20, not in the top 11.

The Philippines have shown greater level of enthusiasm when it comes to crypto as it is always seen in their news although they may lack some facilities that may boost its mass usage in their country such as adequate crypto merchants, Bitcoin ATM, own exchanges etc. Anyway, UK and Japan are also neutral and has shown great level of enthusiasm towards crypto.

It looks like your country are still included on the country that puts crypto in the gray area too and me too, but singapore is the best country for crypto startup because its regulation is so easy compared with another country. Switzerland was another country too but it's a bit complicated for crypto company to be registered on Switzerland.

You have missed out the super friendly countries like Malta, Gibraltar and now recently San Marino. I was also thinking Japan and Germany but they are not friendly towards everything. Malta and Gibraltar for example actually have pure blockchain laws that were enacted specifically for the industry needs. There is a big reason Binance moved two times and ended up in one of those spots!

I think that Malta is so friendly to crypto and any other kinds of investments, because their territory is so small and foreign investments and crypto free laws are the only keys to fill the budget and not turning into local branch of Congo, Uganda and etc.

Based on my observation, I think the most friendliest nation to crypto are the european nations and some asian countries like singapore, japan, and indonesia. Most ICOs are actually originated in european countries and some famous exchangers are actually operated in singapore and japan. I think those nations are more open to the possibility of incorporating crypto into their society.

Japan is one of the most friendliest countries you could imagine. Knowing that NEM cryptocurrency has a lot of influence there, gives an indication of Japan's friendliness towards crypto. Japanese people seem to be very acquainted with the latest technologies. Which means that, they'll embrace new ones that are bound to change the world for the better (like Blockchain technology).

Usually any developed country is extremely friendly towards crypto. Only a small few countries like China and India have been against crypto, but that's bound to change soon. Russia was in the same stance as these countries, and now it has changed its mind. As long as crypto can be easily tracked and taxed by worldwide governments, then it'll be accepted as a legal form of payment.

The rest will depend on people's adoption within the mainstream world. Considering how viral Bitcoin and other cryptocurrencies became in 2017, the whole ecosystem will continue to grow into a solid workhorse for the world. Once crypto is strong enough, then it could easily compete against Fiat in many ways.

Nonetheless, with countries' acceptance towards crypto, new merchants and businesses could make use of this exciting new technology. As Blockchain becomes scalable enough to handle large TPS, it'll become the true replacement of our traditional financial system. Just my thoughts ;D

Some countries are left with no choice than to just allow it to have its course. Some countries are seriously ridden with poverty and seeing that their citizens have gone for an alternative, that will help to reduce or eradicate it, they just simply allow it.

in my opinion swiss and singapore countries are very friendly with the presence of crypto today. besides that Vietnam is also quite friendly and many crypto projects come from this country.

If we are talking about taxes, we can choose many European countries, where the cryptocurrency is officially allowed and there are no taxes at all, for example, such a country as Belarus

It is true all these government of some countries placing some restriction on Crypto but not all of them . We still have some crypto friendly country that embraces cryptocurrency and blockchain technology. As far as i know Singapore, Malta Japan and Switzerland are Crypto friendly countries.

In my opinion, Gibraltar, Malta, Japan, Ukraine, Estonia and Switzerland are the most friendly countries in relation to cryptocurrencies and cryptocompany.

My knowledge Singapore reserve one of the friendliest country for crypto investment.
You want to do any startup business with the idea in cryptocurrency you can go ahead and start your business at Singapore from that e-estonia has e-governance with blockchain enabled. Maybe they have big business background with cryptocurrency.

Yes all these counties are good for crypto currency as they are liking them as crypto currency gives us better future, in my country crypto currency is really valuable, singpur and Philippines are going to make it legal and allow their people to invest and to make their life even better, India and Japan are now accepting crypto currency more these days.

yes I agree with you, the use of crypto in Japan is very developed, different from other countries. even in my country I do not reject crypto, but only recognize it as an investment asset. the use of crypto as a currency has not happened in my country. need more big countries that prove the effectiveness of using crypto as a means of payment.

But I would also note China, because this country has contributed a lot to the cryptocurrency, and a lot of projects have been created in China

I think Korea and Japan will always into crypto because they are the most advance when it comes in technological devices and trends. Cryptocurrency is one of that for sure. In fact, they are already selling cars and they accepting bitcoin as a mode of payment just google it and it will for sure appear. Many crypto will rise soon and I hope they will be accepted in many countries. Adoption is happening, I see a beautiful future to all of crypto lovers out there.
Those countries that still didn't accepting crypto, I think they should think about it again because it can be the greatest regret that they made if experts are right in their speculation of the value of bitcoin.

I think all the people in all over the country will definitely friendly to the currency but you will not never support cryptocurrency in any situation because their economical situation will definitely effect when they are legally accepting the date of release function that's why I think this is the current situation now.

I haven't studied much about crypto restriction in some certain countries, but a lot of start ups and project I've seen are mostly from, based in or have an affiliation with countries such as malta, slovenia and mostly estonia. I think those are the 3 countries with biggest support for cryptocurrencies.

Thanks for this list. I was actually looking for that for sometime now. More and more countries are coming up with their own rules and regulations now for the crypto which is really a good sign overall.

I think the current situation that lots of country are friendlier to the cryptocurrency but no one will hundred percent trusted that vector field to be successful in the future and helpful for their country development and lots of complication is also available for legalizing it that's why I think till now it is in the middle situation.

One of the countries that are more friendlier to crypto was Australa, Europe, Japan, China, Russia, and Korea, Singapore and Philippines those are the nations on which I knew that are open now into crypto currencies and had their own exchange to each of them for sure.

China? they have most of the miners in the world but it's very confusing regarding their whole stance in the crypto market. A lot of news came out that crypto is ban but it seems that ICOs were the only thing that has been banned on them. Well before they are one of the biggest country and influencer in the crypto market but now it has changed. Don't forget about Malta.

Japan is the first country to allow transactions at merchants using bitcoin. Japan has always loosing tight on regulations for cryptocurrency and I think Japan is the most friendly country. But now many countries allow crypto transactions but crypto as a commodity

China is a semi crypto friendly country to me because they only support cryptocurrency in stance which they will only profit from it but they don't totally ban cryptocurrency there but there are some certain rules and restrictions involve in crypto trading or investment there.

Ukraine is very friendly for crypto currency, in some shops we have possibility to buy products by bitcoin!

The news were confusing that says they are all in for crypto ban but later on the news tells that they just banned the malicious ICOs.
Then the ICO market is about to be gone which means that China has nothing to ban completely now because people's attention are no longer into it.

As far as I know, mining Bitcoin is not illegal within China. That's why Bitmain has successfully established its business without restrictions. Of course, China has been concerned about ICOs and crypto trading. But nowadays, ICOs are a thing of the past where most countries don't need to worry about them. As long as crypto can be easily taxed, then I see no reason why they should ban it. China could see the opportunity this brings to it, adopting crypto and Blockchain technology every step of the way.

Speaking of China, the NEO blockchain seems to have strong ties with it. NEO, being a Chinese project, aims to bring a smart economy for the world. It hopes to collaborate with the Chinese government in order to establish digital identities across its Blockchain platform. This means, that slowly but surely, crypto is becoming friendly to even the most restrictive countries in the world.

Nonetheless, crypto seems to be highly friendly towards developed countries. If we were to categorize them in order, from the most friendliest to the most restrictive ones, then it would be as follows: Japan, UK, Malta, Singapore, and the US. As crypto improves over time, it'll become much faster and cheaper like never before. Such benefits will become attractive towards the eyes of governments worldwide, effectively embracing crypto and Blockchain tech like you've never imagined. Just my opinion :)

Australia is certainly very friendly to crypto but you must pay tax on crypto profits https://www.coinspot.com.au/buy/hst (https://www.coinspot.com.au/buy/hst)

It is true that the more people prohibit marketing, the more people will care about them. Bitcoin and the crypto market are no exception

i think Russia is a friendly country for cryptocurrency, like we know many project are launched from this country and the goverment are supporting blockchain and cryptocurrency industry, and another country maybe China, australia, Japan, Estonia

Indeed, the most friendly to cryptography are progressive countries such as Singapore, Japan and Korea, as they are the first to introduce and prove the value of new technologies for society and do it quite successfully.

Although there are many countries now supporting the affairs of cryptocurrency and blockchain in their own way, there is a country I believes that stands out and that is Switzerland. Switzerland government regulations are friendly for the blockchain space thus the reason most upcoming blockchain projects are launching there. Another country is  Malta, their regulations too is friendly as there are already launched blockchain projects.

from the African continent, i only know that the following countries are bitcoin user friendly, Nigeria, Ghana, Kenya, Uganda.  south Africa. i know there are other countries that support bitcoins but few are familiar and are crypto friendly.

Nigeria is pretty friendly with crypto. The government of Nigeria has not laid down any laws regarding cryptocurrencies and Blockchain projects. The government is even yet to recognize blockchain technology in a meaningful way. So you can create a blockchain project and trade your cryptocurrencies without any fuss.

As far as I know since last 2017, south Korea is more friendlier with crypto. Although western countries been promoting cryptocurrency as their mode of payment transactions, more of asian countries now on development to establish good crypto community. South Korea has beem using crypto bitcoin for their basic payment transactions, and they're not very strict to that because people is very convenient to use bitcoin.

In my opinion, there are now many countries that accept the presence of crypto money, either as a means of payment or as an investment. This country is mainly in developed countries such as the United States, Canada, Japan, South Korea, the United Kingdom, etc.
Crypto's investment is currently progressing because digital trade is understood by the public and the government facilitates its use, it turns out to be very profitable.

When you say which country are more Crypto friendly, I say most of the Asian country except china and India, most of the blockchain from asia are coming from indonesia and philippines too they have their own Bitcoins exchanges and mostly korean exchanges have more popularity than japan crypto exchanges so all Asian Country are friendly except few.

Indonesia has a local exchanger and members able make transaction or buying cryptocurrency using local fiat. Cryptocurrency has been popular in last several years in Indonesia but the Government still not provided regulations when used at merchants.

Now indeed the progress of the cryptocurrency is very large. And I strongly agree that in Asia it is a friendly country with crypto. And year after year it will continue. In various European countries, crypto-friendly, like Ukraine & Switzerland, is one of them which I think is crypto friendly too. So now of course every country does not want to miss the blockchain technology.

I do not know exactly how many countries have become familiar with cryptocurrency so far. But what I know is that many countries are adopting cryptocurrency taking leverage of this innovation. Unlike in the past, the mass people have started embracing cryptocurrency. But in my country, any type of crypto-related activities are banned.

I think scandinavian countries and switzerland are more friendlier than the other countries. I might add south korea(due to massive amount of projects)

There's a lots of countries who's now catering the service of crypto though it's still small numbers compared to the actual count but it's far better than what it is way back 2-5 years ago, we can say that there's already a lots of interest coming from different sectors and they are seeing the usage of this system maybe adding 2-5 year more we will see mass adoptions everywhere.

South Korea has well organized ICO projects in their countries. there are strict regulations carried out by the government for crypto companies. because the government knows the great opportunities and dangers of using crypto assets in their countries.

It's good to know that Russia has started to support crypto, after being hostile towards it some time ago. I guess that they've realized the true potential of crypto and Blockchain technology, which led them to such decision. As we all know, most governments accept crypto mostly with the intent to tax it. Bitcoin, Ethereum, and most other cryptocurrencies with a transparent blockchain ledger will see the approval of most of the world's countries. However, that won't be the case with privacy-oriented coins like Monero and Grin, since it's becomes harder for governments to tax them at all.

Despite this, it seems that the number of countries that are friendly to crypto is growing each day. It's hoped that as Blockchain technology progresses, every country in the world will embrace it for the greater good. This will pave the way towards digital Fiat currencies powered by the Blockchain within the not-so-distant future.

Nonetheless, I believe that Japan and the US are among the most friendliest countries in the world towards crypto and Blockchain technology. The NEM cryptocurrency has been very promient in Japan (being used at a large scale), while Bitcoin and Ethereum has been used massively within the US. Which is why, developed countries have greater chances of accepting new technologies than those in the third world. Just my thoughts ;D

There are some countries that are very much friendly concerning crypto while some are strict and want to enforce regulations and related measures with other countries completely against it and all it stands for. So you could divide all countries into three different categories. Asia countries have accepted cyrpto currency like Japan, Korea with Switzerland and Canada also good with cyrpto.

Thailand will be a friendly country with crypto, I see this is very potential because Thailand has the principle of freedom and openness. I hope that more and more countries will have a friendly policy towards crypto users.

Singapore and Japan I think are the most advanced due to their governments acceptance

Now I know that there are some countries in Asia such as Japan, Korea and Singapore that have very open policies for the cryptocurrency market. This is reflected in the fact that there are many big Exchange about cryptocurrency formed in these countries. The development in Asian cryptocurrency markets has caught up with the major countries in the world.

I think most third world countries in Asia and Africa are crypto friendly and tend to welcome the idea. I see a lot of these countries not only promoting the blockchain technology extensively, they seem vested and fascinated by the idea. Equally, their citizens participate actively in crypto related activities without any form of restrictions.

I think Korea is the most friendly country to Cryptocurrencies right now, I wish my country was that conducive, my country is very indifferent to Cryptocurrencies because those in charge are old men and women who do.not even understand what Cryptocurrencies mean.

South Korea has been extremely friendly towards crypto lately. It shows us that developed countries are hugely interested in the next-generation technologies. Japan has also done the same, as well as, countries in the EU and America. Only a select few countries like India, China, and some third-world countries are against crypto and Blockchain tech in general. But that's about to change, as society becomes more interconnected and people adopt new technologies every step of the way.

Governments worldwide will realize the huge benefits Blockchain technology provide towards the economy, leaving them with no choice but to accept mainstream cryptocurrencies more thoroughly. Considering that most cryptos are transparent by design, governments can easily track & trace transactions either for taxation or detecting illegal activities.

Which is why, I believe there may be hope that someday China and India will become extremely friendly towards crypto. Among the countries that are friendly towards crypto, the most restrictive one seems to be the US. We've seen how the SEC has recently cracked down on ICOs and a few exchanges. This environment makes it unsuitable for crypto growth and development, as businesses and corporations try to comply with fierce regulations in every way. Some exchanges have even banned US customers from using their platform, because of how restrictive the US government has been towards crypto. Still though, the US is the country with the most crypto supporters which I believe that it will improve its regulations within the not-so-distant future.

Nonetheless, it's good to know that more countries are becoming friendly towards crypto. Before you know it, nearly every country in the world would accept crypto as a legal form of payment. Just my thoughts ;D

in my opinion the most friendly country for bitcoin is Malta, Japan and Singapore, because in my opinion these countries are have very advanced technology, especially Japan, who doesn't know the country with the number one technology in the world, so cryptocurrency can be easier to enter these countries

In crypto countries, I can be accessed by anyone. The Government is already providing licensing and many people are encouraged to learn crypto. Cryptocurrency is a technology that is advanced and has many advantages. So I argue that my country is very friendly with crypto.

The cryptocurrency world really needs for more countries to embrace cryptocurrency rather than be against it. If major countries of the world go against cryptocurrency, how them do we achieve this much preached mass adoption. There are still countries that are crypto friendly anyway.

Malta is definitely a good country, but I do not really trust cryptocurrency projects that are registered in Malta, because I consider them not too safe

In my experience, probably Europe. It's weird though, because it's often easier to get crypto in countries where it's banned. This is because of little to no regulation, and the demand for it. In the US there are so many laws, it's always such a pain to sign up for an exchange, etc. In Africa I've heard it's pretty simple to get crypto because everyone uses it. As a US citizen, I would definitely say that Europe is better (not as many dumb laws relating to money laundering, etc.)

Currently based on my personal observations and research, Japan is the most crypto friendly country.  This country understands and know how relevant cryptocurrency and blockchain technology can easily transform their financial ecosystem. If all countries can see the light Japan has seen in cryptocurrency, the financial world will be a better place and simple to make all kinds of transactions.

In my country "Philippines" have shown greater support in cryptocurrency as it is being used as a utility as to pay bills,And level of enthusiasm when it comes to crypto as it is always seen in their news, and also some of the banks are accepted the crypto currency already.

if government and institution accepting cryptocurrency this is good fundamental for cryptocurrency growth at that country.investor in this market will increase since they feel comfort with government policy.

I think Malta , Venezuela and Switzerland are more crypto friendly. I believe with time more countries will remove many existing restrictions to crypto. Rumours have it that Venezuela tried enacting their own national cryptocurrency called PETRO, although many authorities fought against it.

Yeah right, if the government from such place is not against crypto and they are allowing merchants and utilities to used this currency it will take higher chances to have more people to get involve to this market, friendly places for crypto will be more likely to have easy adoptions and support will flow to this industry.

No they don't support use of Bitcoin and it's trading. People are just interpreting it in wrong way. They haven't banned but they only advice people out here to avoid trading of Bitcoin for the best.

There was a recent draft which included some penance to be included and ban but that also was reconstructed since committee members didn't supported it in majority.

i think Russia is friendly country for Cryptocurrency, because as we know many project are launch from this country and from their state
and one other country of course China is friendly and preferable country for cryptocurrency

I actually prefer America, but because Trump as president is less positive than Cryptocurrency, so I agree with Japan. In this country Cryptocurrency, both BTC and Alt, is officially legal and can be used as a legitimate payment instrument. there are many retailers that accept payments using Crypto, and companies that hire employees with Crypto. If Japan wants to make their own crytpocurrency, I think it's easy because many local banks are ready to support

A country friendly with Bitcoin, I think Indonesia and Japan. In Indonesia today Cryptocurrency is very popular and exchanges like Indodax have licensed. So in Indonesia, the development of Cryptocurrency is very fast and can be a good solution to reduce the unemployment rate.

Beautiful topic. I mean China does not want to take it positively. Japan is now a manufacturer of it. Japan can be a manufacturing center.

I think Japan is currently one of the most friendly countries to cryptocurrency. They have already formed legislation, many exchanges legally established in Japan have long been working on the market. All that the participants of the Japan crypto market need to do in order not to have problems with the law is to pay established taxes

I read some blog and crypto news that Australia and Canada are crypto friendly country. They are open minded to accept and adopt new environment like crypto that's why I am not surprised that they are so progressive country. But US and China one of the most rich country all over the world are against in crypto and continue to publish it to discourage people about crypto because I think the main reason of this is crypto can affect their economy and business because in using crypto all transactions will be online so it can affect in so many aspect in their industry.

I heard that Belarus has a good bill on cryptocurrency legalization until 2023. However, it will be difficult to create a project there due to strict regulatory conditions. And since there is allowed the exchange, even the transfer of inheritance.

Well I know a lot of projects come from Indonesia. There are many good projects and great dev, I believe in the future. In Southeast Asia, Indonesia will support really good cryptocurrency like singapor is doing

Philippines is a friendly country to crypto, I heard that more and more shops are accepting bitcoin as a payment I think it's around Manila,
Also we can pay bills using bitcoin in coinsph app, the government is not restricting the use of bitcoin and in fact one of the senators in Philippines is an investor of a crypto project, pacman.

Indonesia maybe, I'm from Indonesia and we are very welcome with crypto. We love crypto and love all things about it. We found it promising and can give us some easy money from airdrop, trading, or investment such as ICO or IEO.

indonesia have big crypto community if compared with another developted countries.but in regulation maybe singapore still one step a head.many projects based on this country due to their government regulation.in indonesia crowdfunding based on crypto projects still restricted by Financial Services Authority.

Reports say that many countries are embracing cryptocurrency. But the latest development in cryptocurrency is sad. President Trump's statement against cryptocurrency, rumors of the US trying to ban cryptocurrency, India and China's move to ban cryptocurrency are scary. But I think cryptocurrency will be adopted by all of them ultimately.   

yes, we've see many good campaign from indonesia.and some of them get great success.i think there are many good developers come from this country, but unfortunately there is not support yet from its government.

China once made crypto popular with the high price of bitcoin at the time and made crypto well received by the public, somehow the Chinese government banned crypto in its country which made a significant price reduction. I myself don't know which country is the most friendly to crypto.

The president of the US may be against cryptocurrency, but most of the country is well supportive of the same. Everything will depend on US lawmakers as they devise laws that will allow the usage and growth of crypto within the US. So far, it's legal to use and support crypto as long as you pay your taxes and comply with the law. Comparing the US to other countries, it seems more strict than others. Still though, with proper regulatory guidance, the US could devise laws that will become as friendly as possible towards crypto.

Until that happens, Japan and Malta will be considered the most friendliest countries in the world towards crypto. Japan has been widely using crypto for a long time, where NEM has taken a large prominence there. On the other hand, Malta has been the home of Blockchain technology where most startups and companies (like Binance) have established their operations there.

In the end, more countries will begin accepting crypto as they realize their true benefits. Once they find a way to properly tax crypto, then they'll be sure to devise laws that'll benefit the whole ecosystem. Right now, China and India are not very friendly towards crypto but it could change over time. Anyhow, crypto will always prevail on oppressive countries because of its decentralized & distributed nature. Just my thoughts ;D

I think it is vietnam. This is where traffic is top 5 in crypto, in this country, the government still has no crypto policy.

China and America might be very popular with cryptocurrency and thus helped propagate the news worldwide but they are the toughest countries to run a node. The best cryptocurrency friendly countries are South Korea, Singapore, Vietnam, Malta and Estonia

You are a happy person to live in Indonesia then. here, cryptocurrencies are popular with the residents of our country, not with this government. I have some thought about going somewhere to Western Europe, to the places where BTC is welcomed. Germany is a good place, in my opinion. There are dozens of countries friendly to crypto, but I like this one.

Despite the restriction by some countries, there are still citizens of those countries who invest in cryptocurrency. Although, if they are to come out openly that they invest in crypto, there must be approval, so as to become accredited investors or VC private investors. Also, some of them can still have their ways around it, perhaps by staying put with their friends from other countries, who might help them in purchasing any coin of  their interest while selling might be an easy process, depending on the exchange the coin is listed.
There are citizens of countries like US and China, who have dual citizenship. Such people have might decide to use the documents for any of the country they belong to, that does not have such restriction for the investment.

In Southeast Asia, I know that singapore is a country that is cryptocurrency friendly. Because most projects in Southeast Asia are registered in Singapore.

Agree. It's relatively hard to establish a Bitcoin node, or use the cryptocurrency to its full potential within these countries. This applies specially to China, as it's one of the most restrictive countries in the world. Despite some governments being picky about crypto and Blockchain tech in general, they've seem to be changing their stance recently. This is because they've been studying/researching how Blockchain technology works and how it could benefit them in the future. Once they get the "hang of it", I'm sure that they'll be more open to crypto and Blockchain within the long term.

Right now, I would prefer most countries within the EU as they're more open to crypto than the US itself. A good example of this is the island of Malta which is extremely friendly towards crypto. Even Binance has established its operations there, as the country has very friendly regulations for crypto startups and companies. Despite this, other countries could improve their regulatory-stance over crypto as they study the trend more deeply. The US, being one of the most powerful countries in the world, has had a large impact on crypto's growth within the mainstream world. If it becomes extremely friendly towards crypto, it could prove to be highly beneficial for the Blockchain industry.

Nonetheless, there are more countries that are friendly towards crypto than we've thought there would be. Most countries within Asia and America have already opened their doors towards the growth and longevity of the Blockchain industry in general. It should only be a matter of time, before restrictive countries like India change their mind as they accept crypto as a legal form of payment. In short, countries like Japan, Malta, Singapore, US, and South Korea seem to be the most friendly ones towards crypto within the mainstream world. Just my opinion :)