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Author Topic: Country who accepts cyrptocurrency  (Read 1837 times)
Phebz (OP)
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March 10, 2018, 10:21:24 AM
 #1

Japan still remains as the largest bitcoin exchange market with over 51 percent of the market share, analysts stated that the crackdown on small exchanges have had an impact on the global cryptocurrency market
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randomhumster
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March 10, 2018, 10:33:04 AM
 #2

Japan is not the only country that is good with crypto. I made an article on other countries: https://steemit.com/cryptocurrency/@cryptohumster/germany-legalizes-bitcoin-what-is-the-current-status-in-other-countries

With G20 summit coming soon, more countries will lokk to legalize crypto.
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March 10, 2018, 10:42:16 AM
 #3

Japan is originator of bitcoin and they are promote cryptocurrency mostly. in future many other countries are interested to trade with bitcoin and cryptocurrency just you need to wait for see that.
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March 10, 2018, 11:45:20 AM
 #4

Japan is originator of bitcoin and they are promote cryptocurrency mostly. in future many other countries are interested to trade with bitcoin and cryptocurrency just you need to wait for see that.

agree because Japan is the originator of cryptocurrency, because some countries look at Japan to be a reference in marketing.
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March 10, 2018, 11:52:55 AM
 #5

It seems that no country has legalized the cryptocurrency, there are exchanges and campaigns that accept payments in the crypto, but there are few official laws on crypto currency. and basically they only forbid the use of crypto as a means of payment. it would be very good if the world's legislation on cryptocurrency was adopted that would allow the use of crypt throughout the world. until it is very rare.
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March 10, 2018, 12:02:58 PM
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I think, At the moment, Japan is the capital of Bitcoin and the capital of the Crypto-currency. This country is very loyal to the cryptocurrencies. It is wonderful.
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March 10, 2018, 12:10:56 PM
 #7

according to some Danish information will also legalize Cryptocurrency.
Although Denmark has not recognized Bitcoin as the official currency. But Bitcoin remains usable, because Denmark is home to a number of cryptocurrencies.
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March 10, 2018, 12:21:01 PM
 #8

I think that out of all countries that are loyal to bitcoin and cryptocurrencies, Venezuela can be singled out. This is one of the craziest examples. Put the entire economy of the country onto a revolving wheel. Everyone knows about the capabilities of hackers. What will happen to the country if Petro will be attacked?
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March 10, 2018, 12:26:59 PM
 #9

Japan as always on top. Now Japan will be the first and on circulation кpиптoвaлют. Recently, Germany has legalized the crypto currency. And it seems to me that this is only the beginning. Soon we will see more and more countries, which will legitimize crypto-currencies.

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March 10, 2018, 12:29:41 PM
 #10

Japan in April 2017 began receiving Bitcoin as the legal currency. Then the electronic retail giant, Bic Camera accepts payments using Bitcoin one week after crypto is legalized.

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March 10, 2018, 12:30:07 PM
 #11

Germany recently adopted a crypto currency. By the end of the year, all countries will accept. Except Russia, it's probably always difficult with technology.

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March 10, 2018, 12:35:00 PM
 #12

Lots of countries have been accepting crypto (although most only recognize Bitcoin) for all forms of legal payments, some for many years already. In Europe you have many countries like Austria, the UK and Switzerland who allow the use of Bitcoin. Switzerland directly accepts it as payment for taxes. Faraway in the Pacific islands you even have Vanuatu who only accept Bitcoin for foreigners who want to purchase citizenship. For Estonia, you can even buy a digital resident permit as an EU citizen with Bitcoin.

What is the big deal?

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March 10, 2018, 12:48:13 PM
 #13

Lots of countries are already accepting them, they don't need to say we accept coins etc. If you can trade your coins in local exchange and start crypto related project, then it is okay in your country.

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March 10, 2018, 01:39:58 PM
 #14

Japan still remains as the largest bitcoin exchange market with over 51 percent of the market share, analysts stated that the crackdown on small exchanges have had an impact on the global cryptocurrency market
Coincheck gives a real evidence about the domination of the japan to the crypto space. Remember when coincheck gets hacked. But remember I really like the Japanese attitude honestly. Coincheck, and mtgox was trying to pay the amount back to the users and creditors.

But it looks like there will be another crackdown soon and we must ready for that.

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March 10, 2018, 01:55:23 PM
 #15

Even in the United States and South Korea, they accept bitcoin, but that doesn't mean they accept other altcoin. In their opinion, most altcoin needs to pass stricter supervision.

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March 10, 2018, 01:58:53 PM
 #16

Japan still remains as the largest bitcoin exchange market with over 51 percent of the market share, analysts stated that the crackdown on small exchanges have had an impact on the global cryptocurrency market
I heard that many people remembered China as the main factor in influencing the whole cryptography market, but it turns out that Japan has a greater influence. Honestly, if Japan accepts this, then at first other Asian countries will catch up and then you can count on more influential countries in Europe.
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March 10, 2018, 02:02:26 PM
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Japan, South Korea and the United States have accepted BTC from the law, but now many countries are fighting BTC, so BTC is still not accepted at present.

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March 10, 2018, 02:08:06 PM
 #18

Japan still remains as the largest bitcoin exchange market with over 51 percent of the market share, analysts stated that the crackdown on small exchanges have had an impact on the global cryptocurrency market

Japan is really a good and big user of cryptocurrency and it impacts in a big way if there is any big news released regarding bitcoin or cryptocurrency. And yes cryptocurrency market exchanges shows that Japan is still a big influencer and i think that 51% is really a big percent of market share which is must to affect the market. I am sure that in coming years Japan will be the first country to dominate the world in the cryptocurrency market. Japanese are having a much more positive approach towards cryptomarket than other countries.

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March 10, 2018, 02:24:03 PM
 #19

Japan still remains as the largest bitcoin exchange market with over 51 percent of the market share, analysts stated that the crackdown on small exchanges have had an impact on the global cryptocurrency market
Yes, you are right. Japan is one of the leading countries in adopting bitcoin in the country. a progress that should be imitated by other nations. it's just a matter of time waiting for bitcoin to be the main alternative payment tool in the world, accompanying the major currencies of the world as a means of payment received by all parties.
But if you want to know the country that still prohibits bitcoin in the country you can find out the information in this link.
https://www.ccn.com/top-10-countries-bitcoin-banned/
kind regards.
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March 10, 2018, 02:29:30 PM
 #20

Japan still remains as the largest bitcoin exchange market with over 51 percent of the market share, analysts stated that the crackdown on small exchanges have had an impact on the global cryptocurrency market
Yes, you are right. Japan is one of the leading countries in adopting bitcoin in the country. a progress that should be imitated by other nations. it's just a matter of time waiting for bitcoin to be the main alternative payment tool in the world, accompanying the major currencies of the world as a means of payment received by all parties.
But if you want to know the country that still prohibits bitcoin in the country you can find out the information in this link.
https://www.ccn.com/top-10-countries-bitcoin-banned/
kind regards.
Japan is a country that is very open to digital currency, it's all not strange because Japan became one of the countries that have high technology. Japan could be a pioneer of Bitcoin use globally, they can do the implementation and show it to all other countries. Yes we are only waiting for time until finally Bitcoin can be used normally and no country that prohibits the use of Bitcoin. This requires a process and one way we can do to support the development of Bitcoin is to continuously use Bitcoin in every day financial transactions.
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