Alex789
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May 20, 2018, 07:20:10 PM |
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some in some countries in europe have started to apply and start adopting criptocurrency system, especially in swiss country have started applying bitcoin sales, developed country of Switzerland as Crypto Economy leading world with Japan
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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May 20, 2018, 07:21:01 PM |
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Besides Japan on the East I think that all western countries are good place for cryptocurrencies and Bitcoin friendly. Countries like Netherlands or Switzerland have always been progressive and embraced easily new technologies so the same is with Bitcoin too. Countries like I've mentioned were among first who made positive regulations for Bitcoin and tried to introduce it in society and financal flows.
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Zaibraid
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May 20, 2018, 07:32:25 PM |
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I will only add Finland and Denmark, both of them are also countries that support the existence of bitcoin. Through ATM Radar, Finland is recorded as the country with the highest bitcoin exchange transaction compared to other countries. The country also provides tax freedom for the purchase of bitcoin. How glad the Finns are! Not only that, Finland also has facilitated almost all ATMs to make purchases, exchanges, and top up bitcoin. Denmark has not authorized bitcoin as a 100% digital currency, but Denmark allows for transactions with bitcoins. However, this can be seen as progress. Denmark allows the use of bitcoin in transactions such as transfers, payments, and purchases.
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Jihuny23
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May 20, 2018, 07:42:21 PM |
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One of the countries, that have legalized bitcoin that I know, is Russian. The Russian government, through the Russian Federal Tax Authority, has officially legalized the use of bitcoin and acknowledged it as one of the circulating currencies in the country. The Russian government has even legalized bitcoin since November 2016. This is based on the awareness that digital cryptocurrency technology will be bigger and often used by people in transacting in the future. The Russian government also monitors cryptocurrency transactions that occur in the country. So, The Russian government can reduce money laundering and terrorism financing.
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Chrystora123
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Omicron is another FUD
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May 20, 2018, 08:12:55 PM |
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some countries I hear are very friendly with cryptocurrency, Russia Singapore United State Taiwan and Japanjapan is the country where Bitcoin originated, CMIIW ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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Troysen
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May 20, 2018, 08:30:35 PM |
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Cryptocurrency has faced lots of difficulties with legislation in the past that has led to some countries barring its use, there are however some countries which can be considered crypto heave for their legalization of the crypto transaction, such countries include Azerbaijan, Denmark, Sweden, Japan and some states in the USA
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Krzysiooo
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May 20, 2018, 08:40:23 PM |
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Always heard that Switzerland I don't know which country is the best for crypto, but I know which is worst - Poland. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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ASHLIUSZ
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May 20, 2018, 08:55:29 PM |
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some countries I hear are very friendly with cryptocurrency, Russia Singapore United State Taiwan and Japanjapan is the country where Bitcoin originated, CMIIW ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) From my understanding most of the countries that have been listed above has got good number of user base. Another thing is that these countries were highly advanced in terms of technology growth. So, they take an innovation happening related to the technology in the positive manner. From the entire listing I pick Japan to be the one that has been making bigger and better decisions upon bitcoin usage along with the support from government.
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iyan33
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May 20, 2018, 09:05:19 PM |
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besides swiss there are also some other best countries for crypto ie Hong Kongdespite news of Hong Kong regulators cracking down on securities fraud and exchanges, with some cryptocurrencies entering the center through association, Hong Kong is still a good place for investors. hong Kong has no VAT or capital gains tax, making tax rules around cryptoassets much easier. It is also an Asian hub for blockchain and crypto companies, such as Binance and Kucoin, although the first moved to Malta.
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YED
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May 20, 2018, 09:56:59 PM |
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Countries that embrace new technologies like distributed ledgers, which go hand in hand with cryptocurrencies, are sure to open up new tech markets in the long term.Most of these countries not only have low (or even zero) cryptocurrency taxes, but are also embracing blockchain technology at a rapid rate: *Belarus *Portugal *Hong Kong *Netherlands *Germany
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Hube950
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May 20, 2018, 10:04:29 PM |
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From findings and researches, some countries accepts crypto trading 100%. Belarus is said to be the number one Crypo-friendly country because its taxes for Bitcoin are 0% till the year 2023. According to the Belarusian government, cryptocurrencies are tax exempt till 2023 to help build its special economic zone
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JanpriX
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May 20, 2018, 10:10:56 PM |
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Countries that embrace new technologies like distributed ledgers, which go hand in hand with cryptocurrencies, are sure to open up new tech markets in the long term.Most of these countries not only have low (or even zero) cryptocurrency taxes, but are also embracing blockchain technology at a rapid rate: *Belarus *Portugal *Hong Kong *Netherlands *Germany
Friends around me are targeting to go to Germany to practice their degree for work and being it included in the countries that embrace blockchain technology is sure one of the "benefits" that they couldn't miss. They are also deeply involved with cryptocurrencies and they're looking forward to working there while being engaged with the technology that they love. We are hoping that more countries will open up their gates for this revolution that is slowly shaping up the future that we are looking forward to.
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Heartbreakeren
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May 21, 2018, 03:16:34 AM |
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I agree it’s Switzerland. They are embracing the cryptocurrency culture and has been dubbed as a “crypto-nation,” right? Switzerland also emerged as an ICO hub because it has lots of rich investors and tech specialists.
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TranTrongit
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May 21, 2018, 03:22:41 AM |
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Switzerland is the most talked about name. and some other countries like japan hongkong russia
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nara1892
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May 21, 2018, 04:01:02 AM |
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I think Japan is the best country for bitcoin, they are changing the Banking Laws to allow cryptocurrecy to be used as legitemate payment. There are many stores already receive bitcoin, trading volume is quite high and there are also some bitcoin atm machines.
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Satin Chan
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May 21, 2018, 04:05:54 AM |
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I think the best countries for cryto are Switzerland, German, and Japan. They legalized crytocurrencies in their countries.
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Seeker#9
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May 21, 2018, 05:50:48 AM |
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Some countries are slowly opening up their market for blockchain technology and cryptocurrencies. Big asian countries like China is still off limit to bitcoin but it is reported to be in plans for creating their own cryptocurrency. Whether those remaining countries are just cautious or still hesitant to open their market, they will eventually accept that cryptocurencies are the future of modern currency.
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SnapDown22
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May 21, 2018, 06:03:29 AM |
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japan are very lucky investors who are in the country if only all countries can accept bitcoin as the country may bitcoin will be more advanced and growing it hope bitcoin investors around the world
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onurgozupek
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May 21, 2018, 06:09:57 AM |
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Switzerland know as "bank of countries" in financial world. It's not surprising that Switzerland is the best country for crypto currencies because they have the best know-how on finance. As we know Japan made regulations and Japan's Financial Services Agency officially recognized 11 companies as registered cryptocurrency exchange operators. This is the latest decision in Japan to show support for digital currency. In April, it passed a law recognizing Bitcoin as legal tender. When countries recognize Bitcoin as a tradable value, Bitcoin will be the biggest financial instrument on the world.
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Wahyud11
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May 21, 2018, 07:08:35 AM |
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China is the best country for crypto, although during its circulation in the bamboo curtain country Bitcoin is often controversial, but it can not be denied if China is the country with the greatest miners in the world. In addition to the reasonably priced electricity there, some of the world's largest Bitcoin mining companies.
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