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Author Topic: Which countries are more friendlier to crypto?  (Read 3928 times)
CoinsOrDie
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June 08, 2019, 07:53:53 AM
 #21

In my own opinion, the first is Switzerland owing to their friendly regulations, most upcoming blockchain projects are moving over their to launch.
Secondly, Malta looks good too as most blockchain projects are there already.
On the other hand, Japan and Singapore are also okay for blockchain projects as their regulations are friendly too.

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June 08, 2019, 09:03:55 AM
 #22

In my opinion, Switzerland and Malta have always been the most loyal to cryptocurrencies, as in these countries they understand perfectly well that cryptocurrency has quite a lot of potential in the financial market. My personal opinion on this issue is that soon the majority of countries will legalize cryptocurrency and create favorable conditions for its development.
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June 08, 2019, 09:08:15 AM
 #23

Japan,the US,Korea, and now quietly begins the whole world are drawn to this,Russia, too, belatedly but begins to consider various options for use,to know too, began to understand that this is the future,so that here soon everyone will be friendly to cryptocurrencies

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June 08, 2019, 09:45:57 AM
 #24

Besides the United States of America and India, every other country of the world is friendly to crypto. There are several tight regulations by the USA making the acceptance of cryptocurrency slow, but hopefully, it should get better with time. China is also friendly but not entirely.

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June 08, 2019, 05:46:13 PM
 #25

The SEC thing is true is that I think they should make it sooner, because that will protect more investors from losing money to scam projects. As for crypto-friendly countries I think Korea and Japan
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June 08, 2019, 09:57:39 PM
 #26

Japan,the US,Korea, and now quietly begins the whole world are drawn to this,Russia, too, belatedly but begins to consider various options for use,to know too, began to understand that this is the future,so that here soon everyone will be friendly to cryptocurrencies
Japan is a check, as we all know that they have been one of the friendliest country that has adopted crypto. Many stores has accepted bitcoin as payment and I think there are also some altcoins like Monacoin(?).
Korea, there is South and North Korea. We knew also that there are large exchanges on South Korea so it can be a judgment that they are friendly but about North Korea, I'm not sure but there were reports that Jim Kong-Un has a lot of bitcoin (or it's just a made story).

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June 08, 2019, 10:51:25 PM
 #27

I think the first country to make my list as the most friendly is Switzerland, this is because of their friendly regulations. Another country is Malta, many blockchain projects are already there but Switzerland tends to offer more.
The last in my list is Japan, as they are trying their best to accommodate blockchain projects.
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June 08, 2019, 11:50:51 PM
 #28

Malta is already doing well and offering a good ground for blockchain projects. Singapore isn't left out too, as I have come in contact with most projects there doing arguably well. But there is one country which is taking others by surprise and that is Switzerland. Switzerland government regulations on blockchain projects is highly friendly and suitable for growth of the crypto space.

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June 08, 2019, 11:57:46 PM
 #29

As you know Blockchain is new technology and growing very fast in the world so some countries adopt legally and some are adopting in crypto so No.1 is Japan where BTC is legal tender and some more counties are supporting.

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June 09, 2019, 12:09:41 AM
 #30

European countries are much more friendlier to crypto than anywhere else. The countries with opressive governments that uses force control to rule over their citizens are against the crypto and made it illegal. Crypto brings freedom and privacy which frightens an tyrrant government as they fear people would revolt against them when they feel what real freedom is.
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June 09, 2019, 02:23:21 AM
 #31

Malta seems to be the most Crypto friendly country for ow, Binance moved to the place last year, there are others like Switzerland and Singapore which are in contention but to see the prime minister of a country to personally invite companies to his country speaks volume


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June 09, 2019, 03:20:06 AM
 #32

Malta is the most Cryptocurrency friendly country in the world.In India when Goverment seaze the bank accounts of indian local crypto exchange most of exchange shift its office and operate there exchanges from malta. malta government welcome them.
I think Malta is Most crypto friendly Country
When government wants money in anyway then they will allow anything by getting taxes from them.India don't have decisions against cryptos only banks have and its is not a surprise that banks against it because if cryptos grows then there will be no banks.
Government will do everything on their position whenever they  like to get something out from existing service inside their govern territories, they have
the power and rules can easily be created to make things to happen, no question about that, and those who already state their positions about crypto
are places who believes that this system can help the economy in anyhow.

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June 09, 2019, 03:34:05 AM
 #33

Most countries who accept bitcoin or cryptocurrencies as a whole only use as trading place or an investment place only. I will happy if there is country who accept cryptocurrency and be used by all crypto users over there as an opportunity to make cryptocurrency such as bitcoin be use as payment system so as there will many merchant who familiar with cryptocurrency. This thing will make each countries who still ban bitcoin to be use payment system will be aware if they use cryptocurrency will give affect to their economy also for their currency even this way can make their citizen easily when he make a transaction.

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June 09, 2019, 03:38:21 AM
 #34

It seems that the Swiss country is the most friendly towards the development of cryptocurrency. Switzerland is the most famous country with banking, but also provides space for cryptocurrency. For other countries such as Japan, it is also a country that is friendly to crypto, because I think they know the future potential of crypto that will be better and more successful.

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June 09, 2019, 12:45:34 PM
 #35

Such friendliness in my opinion will not last in any country no matter how tolerant or nice the government is ... This is why cryptocurrency exists in the first place.
 I think people should focus more on building their crypto startups/dreams on solid blockchain ... this will keep the community a bit invincible.

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June 09, 2019, 12:57:06 PM
 #36

Here is the list of the most friendly crypto together with the reason why. A Complete List of Bitcoin Friendly Countries. That is the latest article I got on the internet.

Most of those friendly country open their jurisdiction for cryptocurrency start-ups.  They either impose lower tax or have a light regulation on them.  

Also here is some list where Bitcoin is legal and illegal, adding the link of an article about The Most Crypto Friendly Countries for Investors.




Thank you very much! I think this information will be quite useful for me and another people who want to use their cryptos on some countries.
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June 09, 2019, 01:02:30 PM
 #37

I think Estonia and Singapore are crypto friendly.  Many countries place restrictions on crypto because they are skeptical about it, too many fraud in crypto space and it's yet to get mainstream adoption.
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June 09, 2019, 02:36:58 PM
 #38

The best country fully encouraging upcoming projects is Switzerland, reason is that the government enforced rules or regulations which are easy and convenient for new startups. We already know about Malta and how many blockchain projects already there, which is also as a result of friendly regulations. Another country is Japan as I have seen projects launching there too.

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June 09, 2019, 04:59:10 PM
 #39

Malta is the most Cryptocurrency friendly country in the world.In India when Goverment seaze the bank accounts of indian local crypto exchange most of exchange shift its office and operate there exchanges from malta. malta government welcome them.
I think Malta is Most crypto friendly Country
When government wants money in anyway then they will allow anything by getting taxes from them.India don't have decisions against cryptos only banks have and its is not a surprise that banks against it because if cryptos grows then there will be no banks.
Government will do everything on their position whenever they  like to get something out from existing service inside their govern territories, they have
the power and rules can easily be created to make things to happen, no question about that, and those who already state their positions about crypto
are places who believes that this system can help the economy in anyhow.
Some countries want to help the citizens but there are lot of countries who only see their benefit not anything for the citizens.

If crypto becomes their mainsream payment system then government has some sort of loss in their income but will help to increase the standard if living every citizen in their country.
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June 09, 2019, 04:59:19 PM
 #40

You probably see that only Asian countries pay attention to cryptocurrencies. As in their economy banned foreign investment. And that would not violate the law people buy cryptocurrency in large volumes.
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