Best County for Crypto Startups?

[mentalny]

What about Switzerland? I can see that a lot of crypto startups are registered in that country. I think it's more liberal country, so it may be perfect place to start that kind of business. Good luck!

[Kazarang]

If you are interested in mining, Estonia will be great for you, because Estonia is the country with the fastest internet in Europe and you are less costly to cool mining equipment due to the coolness of the climate.

I think that Siberia. Is very cold and there is not enough expensive electric energy. And you can work remotely on computers

[Budugbass]

USA, Japan, korea. To my knowledge, it seems to me the these countries more visible that's really friendly and familiar with bitcoin or other crypto currencies due the support from the its goverment. Its popularity on Bitcoin / crypto currencies to date more visible in that countries, The its citizen are very close to the crypto currencies. Businesses, companies, mining, investments, payment transactions, employee salaries, etc.. seem already really familiar in that countries.

[tee-rex]

I think for Asia is the best country for crypto startups. Like Indonesia, Singapore, Thailand. I think this big opportunity for introduce and give them knowledge about crypto world. So they learn step by step and do invest in crypto. I sure they will happy invest in crypto, because the profit more than gold.

Asia is the most unsuitable country for crypto-related startups. Countries like Indonesia, Bangladesh, Nepal declared Bitcoin and crypto's illegal, even Thailand and Singapore also not seem to be much positive on Bitcoin usage.
Japan or European country like UK is best for crypto-startup. Japan recognize BTC as legal tender and support crypto market. Even awareness about crypto is also quite more in these in countries than Asian countries.

Are you sure that Japan accepted Bitcoin as legal tender? As far as I know, they just equaled it to a foreign currency like the US dollar orEuro. With legal tender you can pay official taxes, but can you pay taxes with bitcoins in Japan? I have strong doubts about that.

On the other hand, Europe seems to be tightening their regulations toward cryptocurrencies, though the UK is no longer in the EU, so they might not give a damn about what the rest of Europe thinks or does.

[marielbeckham]

Thanks for those lists. To be honest, Estonia is a surprise to me.

[Slipknot79]

Currently there are only two countries that have classified cryptocurrency as digital assets namely Switzerland and Singapore.

[Bijay5830]

Despite China’s ban on ICOs and its temporary halts on all cryptocurrency exchanges, many other countries are quickly taking advantage of the cryptocurrency potential.

While this list contains some of the usual tech-friendly countries like the United States and Russia, many new contenders have made the list to prove that they will be on the forefront of blockchain technology as well.
Estonia has been making strides to encourage blockchain technology to interweave with its economy and citizens. After becoming the first country in the world to establish e-residency, Estonia announced that it would become a leading country in blockchain innovation.

Digital identity and healthcare services have received a massive security boost through blockchain’s immutable ledger, which has led to a massive amount of healthcare-related blockchain ICOs.

The eHealth foundation of Estonia has become the first governmental practice to actually incorporate blockchain into their healthcare system. Currently, all medical records are being recorded and digitized into the blockchain developed by Estonia’s blockchain team.

[Eleven86]

I heard that some countires already accepted crypto countries such as Singapore, Switzerland, United State and European countries. And another i heard that Russia is on the way to adopt cryptocurrency. These countries learn step by step about cryptocurrency and implement in their country.  Now it is running successfully and this make change in other countries also.

[muneeb.zain]

Crypto is a decentralized currency as it is an electronic money for financial transactions.

[STT]

Isnt there a US state which allows payment of taxes in Bitcoin, think I read that.   Its possible the OP question is correct in asking best county



As far as countries, Puerto Rico is a US territory not US state and currently it allows a US citizen to reside there and not be liable to federal income taxes.   Thats all formalised and possible for people to move there, it could help a small startup to do better.
Otherwise I think cheap power would help with mining, generally good infrastructure and internet access would be required.  It varies largely on the business type to the startup.

[Hannahanto]

One by one countries now accepting bitcoin and announced as legal. Due to its popularity and growth soon it is accepted by all countries. Leading countries such as Singapore, Switzerland, United States, Canada, Japan, Russia and Belarus. These are the countries now accepted bitcoin and run successfully in their country. Soon it will spread to other countries also. We can expect many countries in future to accept bitcoin.

[zahed]

Japan & Estonia is the best countries for crypto startups.In Estonia is perfect because this country online sector is so developing from other countries i think.Also Korea was perfect.

[Mukarram Tariq]

These are the best top country in which we build crypto startups.

Estonia
United States
Denmark
Sweden
South Korea
Netherland
Finland
Canada
UK
Australia

[labhsikh123]

There are best countries as analysis by ICO.
Singapore
Switzerland
Cayman Islands

[vlasindastris]

 
Come here in the Philippines in which bitcoin and other digital currencies are not declared legal but not ban and have the support of our Central Bank and other top local banks.
BTC BTC

[acheampong64]

I also suggest Switzerland as a good place for startups in cryptocurrencies and also Estonia. It seems many projects that I have joined and went on well were based in those countries.

[josephdd1]

There are lots of factors that go in to deciding which country is the best for crypto startups, and you also have to consider that the rules for each country change over time. So what might currently be a great country, might eventually turn out to be one of the worst if it doesn't maintain its favorable regulations on crypto. However, I do hear that Eastern Europe has a few countries that fit the bill.

[Ar.harry]

I think japan and korea are the best to do crypto startups.

[DeadCoin]

Many countries now accepted crypto as legal. Some countries have a serious discussion about adopting bitcoin as legal. Now countries such as good crypto stratups is Denmark, Germany, Belarus, Singapore, Mauritius, Malaysia, Russia. These are countries now accepted cryptocurrency as legal in their country and running successfully. This is an example for other countries to start cryto in their country also.

[Greenkarki]

Singapore, Dubai and other Soudi are the best places for crypto start ups, trading and etc. I am sure bitcoin is legalized in these countries.  We do see many legit ICOs starting up their own crypto currency with firm projects. Even recent ICO PolicyPol had a good nailing entry with its insurance policy project.