The most crypto-friendly and unfriendly countries

[Ronald Lane]

1.Switzerland
2.Japan
3.United Kingdom
4.Netherlands
5.Denmark
All of the above crypto-friendly nations offer different benefits for individuals and organizations working or investing in the developing blockchain ecosystem. One common factor shared across pro-crypto nations, however, is the proactive formation of self-regulating communities or organizations that are attempting to guide the development of crypto regulation in a positive direction.
With alliances such as CryptoUK, the Dutch Blockchain Coalition, and Japan’s new self-regulatory organization, the crypto industry as a whole is stepping forward to assist foundering regulatory arms in keeping abreast of the blockchain ecosystem.

[tanjilrifat]

We could see that among the unfriendly countries,most of them are economically small.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.

[tonysitaly]

Your list is very correct. Most of the countries that do not welcome Bitcoin are very tightly regulated economies, fearing that de-centralization would undermine their power. I have confidence in the development of encryption in Japan.

[CGPA]

I know Japan and a crypto friendly country, which you did not mention. Moreover, among these crypto unfriendly countries, you should add Bangladesh, Bolivia and Ecuador also.

[nightxglow]

From the list i can know that many countries are cryptocurrency friendly huh? Never knew that much before, only like us, japan, switzerland. I mostly know about those unfriendly country, and sad to say most of them are asian country, like my country.
I think it might affect in the crypto development, since it means that crypto will only be able to develop in those friendly country, who might legalized and support it. But i don't think it might affect the relation between those country, since each country has their own regulation, and as long as it don't give disadvantage to each other, they wouldn't mind.
And if the government already oppose cryptocurrency and maybe ban it, it might be hard to do anything that can change the regulation. I think the unfriendly county will remain unfriendly, unless suddenly they have a change in mind and choose to accept crypto.

[katelynsk]

I know Japan and a crypto friendly country, which you did not mention. Moreover, among these crypto unfriendly countries, you should add Bangladesh, Bolivia and Ecuador also.

Japan and Bolivia are already in the lists. What about Bangladesh and Ecuador, you are right. I believe, both lists can be extended with other countries, and changed over time.

[ashfer]

Most of the industrially developed countries in the world are the crypto friendly countries Such as Australia Belgium, Brazil ,Belarus
Canada, Colombia,Croatia,Czech Republic, Cyprus, Denmark, France, Germany,Hong Kong,Israel,Italy, Japan,Ukraine,New Zealand,Norway ,Poland,Singapore,Portugal,Netherlands ,Slovenia,South Korea, Spain,Switzerland,Sweden,Turkey, United Kingdom, USA, Etc.
Following are the unfriendly countries  are as follows.,Iceland ,Vietnam, Bolivia,Kyrgyzstan Ecuador,Russia, China ,India Bangladesh,Nepal,and Kyrgyzstan Etc.are illegal.

[dangkhoasn]

European countries are most crypto-friendly. I think they recognize the benefits that crypto brings.

[cdoyle14]

I can say about my country in the middle Europe that we are such a strange guys that we are not having any position more positive or negative towards crypto, but everybody is using it freely without fear to be caught.

[mikyadel]

i have to disagree with the unfriendly country list , china obviously against bitcoin for known reasons but you have to mention middle east countries , they not only have banned trading them but they will charge anyone using them of treason and funding terrorism !
i think that powerful countries (European countries for example) don't consider bitcoin as a threat to their economy unlike china and USA where bitcoin will be a disaster to their currency value.

[Coinson92]

As for me, the most crypto-friendly country is Venezuela and the most unfriendly country is China!

[AmoreJaz]

time will tell how long they will be unfriendly to crypto. time is changing so fast that crypto revolution is already here. maybe as of now, they have certain strict regulations towards crypto but later on, it will not be the case.

[Sanu Simon]

Right now I find Japan to be the one that is more friendly with cryptocurrency related activities as well has helped with the growth of bitcoin. Among the unfriendly list I would say China, because it is a major contributor to cryptocurrency years back and if it provided with similar support now we could've reached a massive growth than the present.

[Dexion]

I think this depends on the response of the people of a country to the crypto world, meaning that society has an important role to play in creating a crypto development with support from the government.

different stratification will not affect relations between countries, because crypto value standards are crypto markets, and they agree. I am not a diplomat who can negotiate with the government. but I have a crypto community that will slowly make the government aware that crypto is the solution to changing the country's economy to be better..

[GilbertQuintanilla]

Very much informative and must say great analysis and the most important thing about the list is the crypto positive countries are more than crypto negative.

[mostkey]

I only praise the development of cryptocurrency in Japan, they accept both the government and the people where Japanese technology is the most superior, always bring up something different and break the biggest technology market, so they also adopt Bitcoin well and correctly according to the beginning of the Bitcoin Principle as a digital currency, it is not surprising that in some time Japan can lift individual and state economics, the most important security so as to provide comfort for every cryptocurrency user, because some countries cannot be said to be as friendly as Japan, there are still many conflicts that have occurred, not adopted themselves thorough.

[killerfrost]

I think that Singapore and switzerland are 2 friendly nations with crypto. Meanwhile Bangladesh, Bilivia, China is the country to ban electronic money.

[lightcar]

The most crypto friendly country I've seen is Japan.  Most of their stores accept bitcoin and its really easy to use over there with low government regulation.

[TANGERE]

There will dependably be individuals that will differ and consent to various sorts of things. This makes things confused for us crypto fans since they just won't enable individuals to make cryptos lawful. I surmise that the main decision we have is to push control since that I think truly be capable to push mass reception.

[Jessica2009]

 The most crypto friendly countries are Japan ,Sweden, Venezuela, Estonia, Germany, United states, Canada, United kingdom,Zimbabwe,  Russia etc  and the crypto unfriendly countries are South korea,,France,China, Algeria etc; Japan has shown strong support for blockchain .Swedish government is the first to issue its own central bank cryptocurrency . Venezuela is leading the charge for mass adoption of crypto's .  The crypto unfriendly countries are South Korea,France.China,Algeria etc.South korea has traded high volumes of cryptocurrency before the crackdown .