The most crypto-friendly and unfriendly countries

[katelynsk]

According to the researches, the most crypto-friendly European countries are Switzerland, Gibraltar, Malta, United Kingdom, Denmark, Germany, Sweden, Portugal, The Netherlands, Finland, Belarus, Estonia, Slovenia, Georgia. Speaking of all such countries in the world, we should add to this list Japan, Singapore, Mauritius, Australia. The most unfriendly for cryptocurrencies are China, Mexico, Algeria, Morocco, Bolivia. The lists can be continued.

The ratings are generated with the following criteria:
Regulation of lCOs:
Regulation of cгyptocurrencies
Taxation regime, capital gain

How do you think these inequality and stratification will affect the further development and relations between countries? Can you influence the policy of your state regarding the crypto currency, and if so, how would you change it?

[seoincorporation]

How do you think these inequality and stratification will affect the further development and relations between countries? Can you influence the policy of your state regarding the crypto currency, and if so, how would you change it?

First of all, I think you need to be more specific about your criteria. I mean, you shared a list, but it is not explained how is those countrie's attitude towards the enlisted topics. For instance, are they regulating ICO's or not?  If they are regulating them, do you think this to be the better attitude or a bad one?

Your final question is truly interesting, but I'm afraid I cannot give my point of view if I don't fully understand what are you trying to explain!

[hammo]

don't forget ''who knows nothing about crypto'' countries. like my country or your country or like every country

[r32godzilla]

I think that you have missed Japan in the list of crypto friendly countries and Bangladesh,bolivia,equador and Kyrgyzstan in the list of crypto unfriendly countries.We could see that among the unfriendly countries,most of them are economically small.Such smaller economic countries might fear that they would not be able to control if they allow bitcoin. Quote

[BinomNewton]

According to the researches, the most crypto-friendly European countries are Switzerland, Gibraltar, Malta, United Kingdom, Denmark, Germany, Sweden, Portugal, The Netherlands, Finland, Belarus, Estonia, Slovenia, Georgia. Speaking of all such countries in the world, we should add to this list Japan, Singapore, Mauritius, Australia. The most unfriendly for cryptocurrencies are China, Mexico, Algeria, Morocco, Bolivia. The lists can be continued.

The ratings are generated with the following criteria:
Regulation of lCOs:
Regulation of cгyptocurrencies
Taxation regime, capital gain

How do you think these inequality and stratification will affect the further development and relations between countries? Can you influence the policy of your state regarding the crypto currency, and if so, how would you change it?

Hello, just if someone is interested in "crypto-friendly" situation in Belarus (I doubt) I can clarify things in my point of view. There was a law issued in December 2017 and now we have:

- Cryptocurrencies are legalized
- The mining of cryptocurrencies is legal tax-free till 2023 (even for individuals);
- There were some mining "hotels" created and working legally where you can store your miners for fix price (about 15$/month per rig + 0.12-0.14$ for Kwt/h);
- The operations and trade profits with tokens are tax-free till 2023 (or further notifications);
- The emission (i.e issue) of new tokes for companies and individuals is illegal because there is no law what can regulate it;
- There are no any legal ways to exchange cryptocurrencies for fiat money (still no exchanges);
- There are no any sane clarifications to the issued laws and nobody knows what to do in general and how to use these laws.

You can ask if you want to know some more info.
Thanks.

[katelynsk]

First of all, I think you need to be more specific about your criteria.

I came across one article here, after which I became interested in this topic – about the support and prohibition of blockchain technologies in different countries, and what role this may play in the future.

I did not aim to give a complete list of these countries or a detailed description of their policies regarding ICO, since it seemed to me there're enough such articles on the Internet, and I don't want to repeat them.

[katelynsk]

I think that you have missed Japan in the list of crypto friendly countries and Bangladesh,bolivia,equador and Kyrgyzstan in the list of crypto unfriendly countries.

Thanks, as I have mentioned, the list may be expanded. Moreover, while I am writing this message, some country is probably reviewing its policy regarding ICOs

Speaking of all such countries in the world, we should add to this list Japan, Singapore, Mauritius, Australia. The most unfriendly for cryptocurrencies are China, Mexico, Algeria, Morocco, Bolivia. The lists can be continued.

[Aleksablack]

According to the researches, the most crypto-friendly European countries are Switzerland, Gibraltar, Malta, United Kingdom, Denmark, Germany, Sweden, Portugal, The Netherlands, Finland, Belarus, Estonia, Slovenia, Georgia. Speaking of all such countries in the world, we should add to this list Japan, Singapore, Mauritius, Australia. The most unfriendly for cryptocurrencies are China, Mexico, Algeria, Morocco, Bolivia. The lists can be continued.

The ratings are generated with the following criteria:
Regulation of lCOs:
Regulation of cгyptocurrencies
Taxation regime, capital gain

How do you think these inequality and stratification will affect the further development and relations between countries? Can you influence the policy of your state regarding the crypto currency, and if so, how would you change it?

Yes, the attitude to cryptocurrency can affect economic relations between countries, different views on this issue can add to serious consequences, perhaps even economic war .

[xaviervilla]

There will always be people that will disagree and agree to different types of things. This makes
things complicated for us crypto enthusiasts because they just won't allow people to make cryptos
legal. I think that the only choice we have is to push regulation because that I think really be able
to push mass adoption.

[pooya87]

The ratings are generated with the following criteria:
Regulation of lCOs:
Regulation of cгyptocurrencies
Taxation regime, capital gain

the ranking seems very wrong to me and checking their website through the cointelegraph link you posted below, it looks to me that they are basically saying Switzerland is #1 because it has ethereum foundation in it. and as for China as the worst, that is obviously wrong. there are at least 3 countries that have banned bitcoin and other cryptocurrencies and 1 (Bangladesh if i am not mistaken) which will imprison anyone who uses them. such countries are a lot more unfriendly than China that sees bitcoin as a legal thing!!!

[sonofliberty]

Usually governments hates blockchain because they are thinking this is a fraud to people who will use that, because a lot of people lossing their money here.

[Xester]

According to the researches, the most crypto-friendly European countries are Switzerland, Gibraltar, Malta, United Kingdom, Denmark, Germany, Sweden, Portugal, The Netherlands, Finland, Belarus, Estonia, Slovenia, Georgia. Speaking of all such countries in the world, we should add to this list Japan, Singapore, Mauritius, Australia. The most unfriendly for cryptocurrencies are China, Mexico, Algeria, Morocco, Bolivia. The lists can be continued.

The ratings are generated with the following criteria:
Regulation of lCOs:
Regulation of cгyptocurrencies
Taxation regime, capital gain

How do you think these inequality and stratification will affect the further development and relations between countries? Can you influence the policy of your state regarding the crypto currency, and if so, how would you change it?

It is good to see that there already several countries that are friendly and accepts bitcoin. But even though there were many who uses and accepts bitcoin it is a big question why bitcoins value keeps on falling down. Anyway I want to add to the list of the bitcoin friendly countries the Philippines, another country in Asia where bitcoin is also blooming.

[Lehbane]

I don't blame unfriendly countries if they against or not accepting Bitcoin wholeheartedly since they have their reasons like threat to the government, I'm not saying the Bitcoin is a threat but how does their people use it in some black negotiations and use of it to buy weapons untracked... (the transaction can be seen but the people who own sometimes no)

[Logo-coin]

FRANCE, is deep involving in blockchain and crypto (e.g Ledger is French)
Maybe France is a coin-friendly Nation

[bkrobottc]

I think the most is Singapore and Japan. Singapore is the most enviroment for ICO development. Japan is the first country who accept bitcoin is payment facilities.
Un-friendly, hm, maybe china or the US ?

[seoincorporation]

the ranking seems very wrong to me and checking their website through the cointelegraph link you posted below, it looks to me that they are basically saying Switzerland is #1 because it has ethereum foundation in it. and as for China as the worst, that is obviously wrong. there are at least 3 countries that have banned bitcoin and other cryptocurrencies and 1 (Bangladesh if i am not mistaken) which will imprison anyone who uses them. such countries are a lot more unfriendly than China that sees bitcoin as a legal thing!!!

Yep, I do find this ranking a bit uninformed too. Mexico, for instance, is taking a path towards acceptation, but it appears on the "negative" list...
This is not informed enough to answer the OP question, I'm afraid, but, given this is just an opinion, I think the aims about crypto regulations are not going to influence international relationships in any way, at least, as well as the crypto use is not mainstream.
We are into crypto, but we are still few. As well as more people begin to use it, I think there are going to emerge some international agreements.

In the other hand, we have the exchanges' problems. Some countries, like Russia or the US are starting to ask them for personal users data. It, of course, can make people moving into another one and use other services from China, for instance. But, what happens if, for example, the US government ask for this exchange to share their data for some reason and they don't have any, can it be an international problem? Some Us exchanges are starting to ask their users for an official ID, along with the place of residence, the phone number and also a personal photo of their faces, recently taken. Indeed, other ones also ask the user to download a facial recognition program, so they can scan their face. Of course, it is making users moving into another exchange, but how is going to be the US and Russian attitude towards those exchanges that don't fulfill the requirements they find to be obligatory?

[zolfa]

I add 1 again, that venezuela has become part of a friendly country with crypto.

I think inequality will not affect the diplomatic relations between them. they can manage and control crypto, because every country has a different policy on crypto. but the world needs to create a crypto regulation to unite diplomacy between countries.

I can not influence my country policy, but at least I have contributed well to crypto by adopting crypto in my life, and also by spreading crypto to the public.

[collision00]

t regards see that there officially a few nations that are amicable and acknowledges bitcoin. In any case, despite the fact that there were numerous who utilizes and acknowledges bitcoin it is an unavoidable issue why bitcoins esteem continues tumbling down. At any rate I need to add to the rundown of the bitcoin well disposed nations the Philippines, another nation in Asia where bitcoin is likewise sprouting.

[melonbtchunter]

Crypto has many of the most friendly and unfriendly countries. Among the friendly countries are Switzerland, Japan, Slovenia, Portugal, Singapore etc. And India, Bangladesh,Bolivia,Equador and Kyrgyzstan in the list of crypto unfriendly countries.

[xuv500]

Yep, good information. The countries which are not friendly as of now is just thinking or set up a committee to understand about crypto and the regulations I think. Within another 5 to 6 years all the countries will accept crypto and there won't be any fiat currency in the world. There are countries which are yet to decide about crypto acceptance within this June I believe.