what countries have the best / most privacy fiendly bitcoin laws?

[DoublerHunter]

Which countries dont ask for KYC for their citizens buying bitcoin on exchanges.

It's not about the countries, it's about the exchanges, they don't want to get in troubles, especially nowadays that more and more people buy bitcoins and cryptos. I think Bitfinex anyway doesn't require the KYC if you only deposit and withdraw cryptos, of course if you have to do something involving fiat then you need to go through the KYC process.

^ Right and if the exchange platform is centralized which means following the law of the country, they should have KYC. We know that our government has been fighting illegal activities such as fraud and money laundering or even supporting terrorism using BTC. So they always asked this KYC to know and possibly regulate people's money or those task invader. We have a decentralized exchange where we can buy and sell BTC without complying with KYC but put in mind the possible risk.

[qwertyup23]

Which countries dont ask for KYC for their citizens buying bitcoin on exchanges.

and how come no exchanges have set up operations in those nations and gave a middle finger to the US and EU when asked to collect KYC on their exchanges?

It shouldn't be so hard to anonymously buy bitcoin.

I do not think that there are countries which are lenient when it comes to transacting with cryptocurrencies and BTCs. On Asia itself, most of the exchanges require the submission of KYC documents for you to access their local exchange where you can exchange conveniently your BTCs/cryptocurrencies to cash.

In the Philippines, while our central bank has been silent with laws and implementations regarding the transacting with such, our main local exchange requires one to submit tons of KYC documents (e.g. ITRs, etc.). Though this may be the case, I do think that surrendering in this function is much more convenient and safer than to find someone for a p2p transaction.

[Awaklara]

It shouldn't be so hard to anonymously buy bitcoin.

Almost all markets require KYC to make purchases on their platform because later it will relate to Withdraw terms for fiat, maybe you can buy from other people through fiat transactions but transactions like this have big risks and you can use wallets like trust wallets to store BTC because the wallet without doing KYC to make transactions in it.

[noorman0]

Wonder if anyone could open up a purely anonymous crypto exchange like ran on the tor network or something? Idk.

You can expect anonymous transactions if you trade with crypto><crypto pairs. I think it can also be done without TOR network with some preparation.
The problem is if you want to buy crypto with your fiat (using a personal bank account), even the TOR network with a VPN layer cannot provide privacy that way.

[romero121]

As for now cryptocurrency friendly countries are El Salvador, Malta, Switzerland, Germany for different reasons. El Salvador have legalized the usage of bitcoin and have made it legal tender within the country. Malta is one of the earliest to have crypto laws that support establishing firms within the island country. Switzerland is much positive on cryptocurrency and have involved in different development program relative to cryptocurrency. People find it surprised to see Germany. But it is the country that taxed cryptocurrency before other countries. It also have a no tax policy which is for users who doesn't make profit above €600.

[worle1bm]

Which countries dont ask for KYC for their citizens buying bitcoin on exchanges.

and how come no exchanges have set up operations in those nations and gave a middle finger to the US and EU when asked to collect KYC on their exchanges?

It shouldn't be so hard to anonymously buy bitcoin.

Most of these exchanges will always ask for KYC from you in order to keep an eye on you and have no privacy at all.There are variations to level of documents they ask depending on the withdrawal limits like for small transaction they don't ask for some Centralised exchanges and for above that you have to go through these KYC norms so you see they all are in same basket.

[xSkylarx]

Which countries dont ask for KYC for their citizens buying bitcoin on exchanges.

and how come no exchanges have set up operations in those nations and gave a middle finger to the US and EU when asked to collect KYC on their exchanges?

It shouldn't be so hard to anonymously buy bitcoin.

KYC are really needed on decentralized exchanges to keep away criminals to launder money on their platform. If you really want to be completely anonymous in buying bitcoin, there is something what they call OTC or over-the-counter trading or exchange. You find someone that will sell you bitcoin, meet on a certain place which often happens in a casino then do the trade there. Whales often do those kind of stuff to prevent huge movement from the market.

[SirLancelot]

Which countries dont ask for KYC for their citizens buying bitcoin on exchanges.

and how come no exchanges have set up operations in those nations and gave a middle finger to the US and EU when asked to collect KYC on their exchanges?

It shouldn't be so hard to anonymously buy bitcoin.

I think it's not about countries but it's about the exchanges. All centralized exchange requires a kyc but some of them are not mandatory but users can continue using them anonymously on lower limits. If you want full privacy then use decentralized exchanges as they are the real ones that don't ask for a kyc whether you are dealing with small or big amounts.

A decentralized exchange have no central authority so there's no need to set up a headquarters on some specific countries. It is not hard to buy btc anonymously as long as your country allowed it. There are countries where btc is accepted as a legal tender, they must be the best country only if they push decentralization.

[dataispower]

Which countries dont ask for KYC for their citizens buying bitcoin on exchanges.

and how come no exchanges have set up operations in those nations and gave a middle finger to the US and EU when asked to collect KYC on their exchanges?

It shouldn't be so hard to anonymously buy bitcoin.

i dont think that country ask of cryptocurrency KYC before comment of cryptocurrency transaction, from my experience and what i notice in the cryptocurrency for countries that does no allowed or permit cryptocurrency transaction to be verified. Is that you won't buy cryptocurrency with your country credit card neither debit card, KYC is meant or good and being done to exchange who trade a cryptocurrency of different names, and with the hope of having cryptocurrency KYC verification in the exchange. The trust will be clear to be patterned with. Because they can locate you with your informations

[AakZaki]

KYC are really needed on decentralized exchanges to keep away criminals to launder money on their platform. If you really want to be completely anonymous in buying bitcoin, there is something what they call OTC or over-the-counter trading or exchange. You find someone that will sell you bitcoin, meet on a certain place which often happens in a casino then do the trade there. Whales often do those kind of stuff to prevent huge movement from the market.

Whales will also not carelessly make OTC trades, because OTC trading also requires guaranteed security from the OTC broker or dealer organizer. OTC trading is a trade for a large number of transactions so it is also risky to not find a guaranteed broker. for the cost is lower and without using KYC.
Trading OTC without any intermediaries is also risky for our own safety, because transactions here involve a lot of money.

[lalabotax]

Which countries dont ask for KYC for their citizens buying bitcoin on exchanges.

For sure, it is not my country 
Moreover, the exchange should be also under the regulation of one of our governmental institutions, so bad 

That's why I wonder which country allows it. Moreover, many exchanges will require KYC for certain requirements, especially for withdrawing. We may be able to deposit or trade without KYC, but when going to withdraw, KYS is a must or we cannot even withdraw our own assets there. 

[kryptqnick]

I think the countries with the best Bitcoin-friendly laws and the matter of privacy can lead to different answers. El Salvador is the most Bitcoin-friendly country, but people largely use Chivo wallet (which is custodial, so it's a point against privacy) for actual usage of Bitcoin as payment. They do have taxes, but there's a loophole from what I've read that allows not paying them. I'm not sure it's legit, though.
But as for privacy, countries that don't regulate Bitcoin are likely to allow for more privacy (because there are not KYC legislative requirements).