Most crypto friendly countries in Europe

[ciplut]

many European countries are beginning to legalize the presence of cryptocurrency and they have already begun to make rules applicable in their transactional activities such as russia that has legalized and set the currency crypto for transaction tool

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[peter thomas]

In my opinion, Estonia is the prettiest crypto friendly now. People just have to pay the 20% tax which is deducted from their profits once they finally move back into cash. As a company, you can lend yourself the necessary money. If you decide to cash out, you can repay yourself the original loan without paying additional taxes and pay out the profit as dividends.

[newcoin01]

After Binance moved Malta, I was expecting to see Malta on that list. I don'T know the regulations but there should be reason to move there.

[cool_hikaru]

I agree with this topic! Denmark is one of the most cryptocurrency friendly countries in the world and it is one of the first jurisdictions to have declared its position on the treatment of the Bitcoin!

[Mical coffe]

In these country, I think Estonia must be the most friendly! It is opened to entrepreneurs from around the world and is regarded as one of the world’s most advanced digital nation. Anybody who wishes to start a business in Estonia can get a so-called e-residency to access all electronic services.

[newbie-hero]

I found this article, and I am just curios do you agree with the author? Are these countries most crypto friendly in Europe?

https://icoguide.com/en/blog/5-most-crypto-friendly-countries-in-europe

I haven't read the article. But in my experience the most crypto friendly countries are the states which have the problems with finance system with money keeping and transactions. Crypto is alternative way in such countries.

[chriselda nina]

I totally agree that Estonia is in the list as that country is actually friendly for crypto! It aims to become the best option globally for trusted ICOs and stipulates that providing services of the exchange of virtual currency or custodial wallet services requires an authorization. I really love it!

[Smollett945]

After leaving the Soviet Union, Estonia made a big step in the development of modern information technology. Therefore, the presence of this country in the list of the most friendly to the crypto currency of European countries does not surprise me.

[britai ruby]

I am really happy when seeing Estonia in this list! It is totally friendly to all crypto as many limited liability companies with a cryptocurrency license in Estonia and the costs of starting a business is really low, which brings many opportunities for developers!

[ambisyon]

As per research, European countries such as Switzerland, United Kingdom, Netherlands and Denmark were Cryptocurrency friendly nations since they had adopted it's usage on bills payments transaction and monetary transactions. Government of these European countries are
very supportive of cryptocurrencies and people are more considerate in it's usage due to it's convenience.

[chutchmcgillicutty]

Northern Countries know what they are doing. That's one reason why they are the happiest countries in the world. They know what's going to happen and they know what to do

it really is amazing how the Scandinavian countries seem to understand how the world is changing and are unfazed by the change and can co-opt and incorporate new things to into their system

[exalterego]

I found this article, and I am just curios do you agree with the author? Are these countries most crypto friendly in Europe?

https://icoguide.com/en/blog/5-most-crypto-friendly-countries-in-europe

Frankly, I haven't ever had a chance to buy goods in Europe using BTC, but I would add China to this list.
Because I bought something at 2 am in China for BTC in 2 minutes without any restrictions, borders and business hours.
Though it's not a European country, it rushes to the most European practices, and this is really encouraging.

[thomas daniel]

This list is almost right about all these country, especially Slovenian! The global recognizability and value of Slovenian blockchain companies are steadily increasing. Many projects with clearly defined goals also inspire world-renowned experts.

[chim_brisss]

I think that Cyprus might be it. They have been home to forex and binary option websites for about a decade now. They don't publish data of those companies! It's alsi very attractive due to taxes. Regulations on bitcoin could be liberal enough to attract crypto companies as well.

[sunX3]

I found this article, and I am just curios do you agree with the author? Are these countries most crypto friendly in Europe?

https://icoguide.com/en/blog/5-most-crypto-friendly-countries-in-europe

Frankly, I haven't ever had a chance to buy goods in Europe using BTC, but I would add China to this list.
Because I bought something at 2 am in China for BTC in 2 minutes without any restrictions, borders and business hours.
Though it's not a European country, it rushes to the most European practices, and this is really encouraging.

Didn't China try banning ICOs a while back? I don't see how it's a great country for cryptocurrencies given the instability.

[MakeMoneyBtc]

What the article says is true because there are enough reasons to belive that those countries are the most crypto friendly countries In Europe. I think Europe itself is the best country in the industry of cryptocurrencies because almost all ICO and exchangers are restricting people from USA to join them and that's why USA doesn't have the biggest industry of cryptos

[VenturaBro]

What the article says is true because there are enough reasons to belive that those countries are the most crypto friendly countries In Europe. I think Europe itself is the best country in the industry of cryptocurrencies because almost all ICO and exchangers are restricting people from USA to join them and that's why USA doesn't have the biggest industry of cryptos

Indeed I hope that americans will be able to invest in ICOs in the future. It just seems like such a huge untapped market.

[Fileiro]

Before everybody gets all excited and moved to Denmark because they're soooo crypto-friendly, let me just point out that most of the major banks in Denmark refuse to handle funds derived from crypto-currency trading and the tax on capital gains from crypto is 42%.

[manlyxman]

Before everybody gets all excited and moved to Denmark because they're soooo crypto-friendly, let me just point out that most of the major banks in Denmark refuse to handle funds derived from crypto-currency trading and the tax on capital gains from crypto is 42%.

Ouch, that's unfortunate. I guess it's the banks that can make or break how friendly a country is towards cryptocurrencies at the end of the day.

[John Snow]

I am interesting when all countries over the world will integrate Bitcoin and cryptocurrency in their economic system. I want to see cryptocurrency debit cards, opportunity to spend them in supermarkets, real life, pay bills and taxes with BTC.I really do hope that other European countries will follow suit eventually and create an open environment for crypto related industry.
Also, not on this list but I've read that Belarus is also quite friendly towards cryptocurrency.