Most supportive cryptocurrency countries.

[goaldigger]

I think , the most supportive cryptocurrency is Japan. It is also the best vessel for cryptocurrency transactions because of their technology. They can do some gadgets or machines accepting Bitcoins and can be distributed to another country.

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[manoj kumar k]

most supportive crypto currency countries are Argentina Australia Austria Belgium Bolivia Brazil Bulgaria Canada Chile China Colombia Croatia Cyprus Czech Republic

[Guapongbadoy]

Also for me isthe most supportive country, I heard it is already accepted by the government, second is India.

[marcbitcoins]

Ok. So for the past two months, everyday, I have been reading cryptocurrency news from all around the world. (mostly from news.bitcoin and cointelegraph) and I has summed up my top three over-all supportive and progressive crypto-communities (not just the legal factor). [Feel free to disagree with me or correct my words]

not in any order

DISCLAIMER
*My reasons came from a compilation of news articles, but the list is purely opinionated.

1. Russia
The conflicting interest b/w Putin and the Central Bank has been slowing up the pace for progress; however, recent news suggest that the guidelines for bitcoin and digital currency will be made both beneficial to the government and the local users. I think Russia will be one of the centers of the blockchain technology in the future. Not to mention that Putin and Buterin have already discussed ways for the Ethereum platform to work well for the government.

2. Scandinavian countries
Not only Russia, but countries in Northern Europe have also integrated the blockchain technology in their university programs. Not only that, but some have now allowed Bitcoin to be a method of payment for tuition fees. Aside from this, countries such as Denmark, Norway, Sweden, and Switzerland are gearing towards a 'cashless' society, and digital currencies are helping them do so.

3. Japan
Of course Japan is in my list. What better way to say it, but Japan is the first to make Bitcoin a legal tender. What makes Japan enter the list is because they didn't end there. As soon as they've allowed Bitcoin to become a mode of payment, authorities then also placed their attention to the miners and ICOs. Leaving no factor behind. As of now, you can even pay utility bills with Bitcoin, and the government is supporting small households to mine digital currencies.

Please include New Zealand in the loop in which they are now in the process to be the first cashless nation in which digital currencies were belong too. New Zealand has their own trading sites for digital currencies in the name of Cryptopia.co.nz. so therefore we should include New Zealand in the list as they have very strong support to digital currencies especially bitcoin.

[sunsilk]

Just like what everyone is saying that majority of us know it that Japan is the most supportive country that is good with cryptocurrencies.

They have adopted bitcoin and made it legal before the country that is good for supporting crypto's is China but because of their new regulations about ICO's, crypto people there are affected and it's like they are not getting support from the gov't but I don't have any update regarding that thing.

[RamonBTC]

Japan’s Blockchain Industry Report

http://news.8btc.com/fenbushi-capital-japans-blockchain-industry-report

If my country will be like Japan on cryptocurrency adaptation that would be the best gift for me this new year. We can’t deny the influence and the fact that Japanese culture overshadow the imperfections of bitcoins and turn those negativity into positivity that help bitcoin where it is now. It is the best model that most country should follow in due time. Legality that is fair to its people is what they teach the world.

[marielbeckham]

I also consider Japan to be at the top of such a list.

[marielbeckham]

I also consider Japan to be at the top of such a list.

[marielbeckham]

I also consider Japan to be at the top of such a list.

[Bonakid]

Japan is the  most supportive country in cryptocurrency.They adopted it as a payment system and its good to hear that they implement it in their country because of their high techonology.It was legal in their country and accept it as their currency government did not banned it because it can help many people help to earn in digital currency for them it will reduces poverty and unemployment.

[MCVXYZ]

now Japan be number one (may be China is number one because of mining ) after china Asia countries then UAE , Germany , USA ,.....  

Germany? Any arguments?

Federal financial supervisory authority of germany has already recognised  bitcoin and they make very interesting and improtant legislative iniciatives.There is a very interesting fact,They think that bitcoin is not a legal tender or E.money and they discuss bitcoin transfers as a transfer of goods and not as money or obligations,this means that bitcoin is a units of good and not money for them.By this iniciatives I think they will create precondition to establish taxes on bitcoin transfers but also as we know this will be very hard..So,As I heard from my friend there is a very good situation Today in Germany and I hope it will be, because Germany is a one of the best source of law in EU.

[FirEaSeA]

I thought it was south korea but they are just good at the start like China. Japan will only be the country who is the most supportive.

[Sithara007]

I thought it was south korea but they are just good at the start like China. Japan will only be the country who is the most supportive.

South Korea used to be very supportive, but the attitude of the authorities changed all of a sudden, without any warning. I strongly suspect that something is really fishy there. Considering how corrupt an average South Korean politician is, I won't be too much surprised if it turns out later that market manipulators lobbied for a complete crypto ban there.

[rhamzter]

Asian countries is the most supportive countries in terms of digitalization, if you can't notice almost all place in the Asia were used bitcoin together with the altcoins. But sometimes due to abusing of this digital currencies some country banned it. For example China they banned it to their country because illegalization was too much. Even selling of drugs and other evil things were used bitcoin.

[cryptorampage]

I really surprised to see the Russia , as Satoshi nakamoto is from Japan , Japan is pioneer of crypto currency . They are the most supported country in world in case of Bitcoin and other currency. But I have different question , why Iceland banned Bitcoin and other crypto currency with having one of the biggest mining farm.

[ihsanskanzaone]

most countries supporting bitcoin systems are estonia, they seem willing to implement innovations such as blockchain technology for health care, banking and even governance by allowing citizens to be "E-resident." The service also gives Estonian citizens and digital authentication businesses. It is also one of the first to use a blockchain-based e-voting service that allows people to become shareholders on the Tallinn Nasdaq Stock Exchange.

countries that support the next bitcoin are the United States, Denmark, Sweden, South Korea, the Netherlands and others.

for more details please read here https://news.bitcoin.com/worlds-top-10-bitcoin-friendly-countries/

[Sithara007]

Just today I read an article about Belarus legalizing Bitcoin and making it tax-free. I can't vouch for the reliability of the news, but if it is real, then it can be a big boost. The number of countries which are having a pro-Bitcoin stance is declining with every passing day. The addition of Belarus will do wonders to the community.

[cointopper]

Hello, here is the List of Top Cryptocurrency and ICO supportive Countries in the World

https://cointopper.com/guides/list-of-top-cryptocurrency-and-ico-supportive-countries-in-the-world

[Coffee135]

Just today I read an article about Belarus legalizing Bitcoin and making it tax-free. I can't vouch for the reliability of the news, but if it is real, then it can be a big boost. The number of countries which are having a pro-Bitcoin stance is declining with every passing day. The addition of Belarus will do wonders to the community.

This is not news for a long time. But I do not see any signs that the position of Belarus towards bitcoin is changing the situation in the world. Belarus is a country with a very underdeveloped economy so that it can have some influence in the world. Even Japan can not create the conditions for a large increase in the popularity of cryptocurrencies.

[Samuel321]

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