Crypto-friendliest country in the world?

[Jating]

1. Estonia
2. Lithunia
3. Latvia
4. Switzerland
5. Japan
6. South Korea
7. Malta
8. Singapore
9. Germany
10. Philippines

That's currently the list on my mind, obviously not in particular order though. And I'm sure those countries are far more advance that others because they know that significant effect of being a friendly crypto nation.

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[CryptoLyon]

1. Estonia
2. Lithunia
3. Latvia
4. Switzerland
5. Japan
6. South Korea
7. Malta
8. Singapore
9. Germany
10. Philippines

That's currently the list on my mind, obviously not in particular order though. And I'm sure those countries are far more advance that others because they know that significant effect of being a friendly crypto nation.

Why those countries in that list? When you say friendly, do you mean the country government is open to implement crypto based companies or because the population is involved in crypto?

[Airbuxf]

I think Switzerland, Malta and Estonia, they are also very liberal about taxes and ease of leading business like startups and high tech companies, other countries should learn from them.

[darklus123]

I think it's Japan who take positively about the blockchain technology. I've saw an documentary before in which most of the Japanese are very hype in using it and they even used it as a part of their daily routine.

They even have their own regulatory system that separates their usual regulatory board. Therefore the 16 Big crypto exchanges in their country can have their own set of rules.

[Naida_BR]

I've been wondering for a while now which country in the world is the most "crypto-friendly" if that makes any sense... and I don't mean it with a negative connotation. I really wish to find out which country supports crypto and sees crypto as a potential way of taking over fiat. Any suggestions?


Edit: I found this cool article about Malta being super crypto friendly? https://cryptotradernews.com/cryptocurrency/why-crypto-millionaires-love-switzerlands-taxation-policies/ Although most of these perks only apply to millionaires?

In my humble opinion, Malta is the most cryptocurrency friendly country in the world. Of course there are many other that embrace the blockchain innovation and allow companies develop their products.
Malta is also friendly not only to blockchain companies but also to cryptocurrency enthusiasts and individuals that want to be involed in the industry.

[bonker]

1. Estonia
2. Lithunia
3. Latvia
4. Switzerland
5. Japan
6. South Korea
7. Malta
8. Singapore
9. Germany
10. Philippines

That's currently the list on my mind, obviously not in particular order though. And I'm sure those countries are far more advance that others because they know that significant effect of being a friendly crypto nation.

Why those countries in that list? When you say friendly, do you mean the country government is open to implement crypto based companies or because the population is involved in crypto?

Those countries on the list are doing something to adopt crypto currency payment system and also supporting crypto exchanges with regulations so they also can get benefits from it.

[Jating]

1. Estonia
2. Lithunia
3. Latvia
4. Switzerland
5. Japan
6. South Korea
7. Malta
8. Singapore
9. Germany
10. Philippines

That's currently the list on my mind, obviously not in particular order though. And I'm sure those countries are far more advance that others because they know that significant effect of being a friendly crypto nation.

Why those countries in that list? When you say friendly, do you mean the country government is open to implement crypto based companies or because the population is involved in crypto?

Where have you been living under the rock? You haven't heard those nations before? Those countries promoted ICO project and has given lots of tax incentives to any company that are willing to go to their country.

So obviously, the government has welcome crypto and population are also in crypto investing and trading.

[CryptoLyon]

1. Estonia
2. Lithunia
3. Latvia
4. Switzerland
5. Japan
6. South Korea
7. Malta
8. Singapore
9. Germany
10. Philippines

That's currently the list on my mind, obviously not in particular order though. And I'm sure those countries are far more advance that others because they know that significant effect of being a friendly crypto nation.

Why those countries in that list? When you say friendly, do you mean the country government is open to implement crypto based companies or because the population is involved in crypto?

Where have you been living under the rock? You haven't heard those nations before? Those countries promoted ICO project and has given lots of tax incentives to any company that are willing to go to their country.

So obviously, the government has welcome crypto and population are also in crypto investing and trading.

Of course I have heard of and know where those nations are located. Can't believe you have made that observation but anyway my question directed to know why those specific countries were on that list but thank you for the explanation.

[LUCKMCFLY]

I think the term amigbale can be considered by several definitions, since friendly is a very global term, for my friend in terms of crypto is that it can be operated without any prohibitions or laws with crypto, that is, if the technology of bitcoin was made to take advantage of the fact that no one should interfere neither governments nor banks, friendly it becomes that they should not even charge to use or to do business with crypto.

So far some country that has agreed to work with crypto have always come out with some type of tax, which, for me, is not friendly.

Friendly in the sense that it is accepted but you must pay tax? In a decentralized technology? That's like going to a party where you have to pay for what you consume, but do not charge tickets. Many people accept the option that everything is being handled well, when they can not even accept bitcoins in their own business because they can run the risk of going to jail if there are no permits granted by government entities, that is not friendly.