For my point of view the KYC process is a foul play. KYC law is useless.

The Singapore government has no problem with crypto business and really glad to hear that Singapore government didn't ban crypto. it is a good news for everyone. Singapore also have a high demand on bitcoin.

Bitcoin is legal. Bitcoin is a good investment instead of other investments and bitcoin is uses as payment method.

Countries that promote bitcoin are:- Japan, American and European. i think, and hopefully, most countries will accept crypto and regulate them.Some countries allow cryptocurrency, they accept technology inside cryptocurrency to improve their business and services.

Because it does not exist online, bitcoin tax can not be paid, I have met some types of tax expert.

It is still an income that you have to declare, so you may have to pay some money.

I think, and hopefully, most countries will accept crypto and regulate them. Some of them will refuse them. Some countries allow cryptocurrency, they accept technology inside cryptocurrency to improve their business and services.

Japanese using cryptocurrency as payment system in their country so the Japan is the supportive country  in cryptocurrency.Japan applies it as its digital currency so that this is a big increase.Appropriate for their people, they teach the world.

In some countries banks are paying a lots of funds to government thats why their government would not make bitcoin legal there because if they make it legal then the peoples there would withdraw their money from the bank and invest in crypto. The banks would bear a very huge loss thats why they are not making bitcoin legal.