Best country for crypto

[ashmodeus]

i guess singapore, that country always friendly in accepting new things, whatever they are.
did u know the fact wich the most ICO office is from singapore, also Singapore sees Bitcoin as a commodity traded with a 7% tax (GST). The Singaporean Finance Minister does not use Bitcoin Cryptocurrency and Singapore's largest bank, DBS, looks more open using Bitcoin.
and, as far i know, MALTA also included. u know Malta already have the title "The Blockchain Island" due to clear regulations on the blockchain and cryptocurrency industries.

[judeafante]

Basically, which country has adopted Crypto and the Blockchain best in your opinion till now?

Although my country is very open to Crypto currency because we have a local exchange right now and we can use it to buy a lot of items,  we are still very far from countries that are listed in these reviews
https://worldfinancialreview.com/countries-where-cryptocurrency-adoption-is-highest/

I'm surprise that Turkey is leading the way all even the author was surprise, I thought are Japan and South Korea but they are not even in the top 5

[Darooghe]

Too many to mention.

Malta, Japan, Singapore these are the very few of them.

When assessing best countries for a cryptocurrencies business, it might also be worth to consider the banking industry's attitude towards them and consider twice the cost of living. if you're a startup this makes a huge difference, and unfortunately this is a barrier to entry in some countries like Singapore and Switzerland as it's very expensive to live here.

I think Germany is one of the most liberal and open minded countries, i have ever had the pleasure to visit. however, don’t underestimate the power of the tax man. It’s devilishly easy to trace transactions on the chain and until we have reliable privacy safeguards it remains easy for government to trace transactions.

Malta is the best, they don’t even tax Crypto-capital gains.

[mintme.com]

In my opinion, the best countries for crypto are those with lesser regulation, you don't need to pay taxes and any transactions aren't monitored

[sujonali1819]

I have found some articles on the internet about the best/friendly country for crypto. Hope this can help the OP.

Here is is a chart about the common crypto countries in the world.



Source: https://www.statista.com/chart/18345/crypto-currency-adoption/

And here is an article that says about the top 10 countries where Bitcoin ATMs installed. so Where Bitcoin is viewed well, I think it is more likely to have more Bitcoin ATMs.



source: https://www.statista.com/chart/7566/number-of-bitcoin-atms-by-country/

[creepyjas]

Malta, Japan, Singapore and even a third-world country, Philippines is adapting to the blockchain. In the PH, Blockchain is being recognized at a lightning speed. You can see Blockchain related projects being raised in the country.

[vlasrodz]

Basically, which country has adopted Crypto and the Blockchain best in your opinion till now?

I think its Japan
Maybe someone said this
But yeap
This country is really good and very friendly for all investors
So as for me, Japan my top-1

[thefever333]

Russia is the worst, they only want to fuck as much money as possible, like that ...

[Mike Mayor]

I don't know about the best, but here in South Africa we embrace bitcoin and many online shops accept it directly. We have an amazon-like market that accepts bitcoin as well. Bitcoin is searched very often in South Africa with the most searched term being(last time I checked) What is bitcoin? But honestly, I must say that the show the big bang theory had a massive impact on the population here. Many people watch that show here and the search engine rankings for bitcoin when up during the time it airder and weeks afterwards. Very interesting to see how the media has influence over these things.

[Annisa_crypto]

Nowadays many countries have regulated cryptocurrency. There are so many countries that have a crypto-friendly financial system for example- Germany, Japan(World's first country where bitcoin is legal), Estonia, Singapore(crypto-friendly country) and Malta.

[High Yews]

I found my friend using it round London.
Think I was just surprised being from the country.
Exciting to see it being used on physical items

[ZdynDengov]

In my country, cryptocurrency is not prohibited, but it is actively ridiculed on federal channels and in custom articles. Everything is done so that people are as far away as possible from the crypto industry