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Author Topic: Which countries are more friendlier to crypto?  (Read 3930 times)
AngellSky
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June 17, 2019, 06:04:26 PM
 #81

I think that it is worth noting the countries where there are certain applications at even at the state level, the cryptocurrency is fully used, and there are also certain plans to create their own national cryptocurrencies, and you need to mention countries like India, the Russian Federation, where the government will impose a certain punishment for  use of cryptocurrency.  Already wives are a diode not only about conversations, but also about specific laws that may soon be considered by the legislative bodies.

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June 17, 2019, 06:25:48 PM
 #82

it can be said if developed countries more easily accept crypto, for example Japan and America and other developed countries.
maybe because the people and government are more open to new developments in this era so they want to accept crypto.
and in my opinion China will also immediately accept to accept crypto.
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June 20, 2019, 09:12:14 PM
 #83

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.



Thanks for sharing the information. It will be a deal for projects or crypto startups who are looking for a crypto friendly environment for their establishment. Malta is still the most friendly and I see why many projects and even the well established ones are moving there.

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June 20, 2019, 09:25:31 PM
 #84

The China-based projects have more potential than Europe based AI projects. This tendency changed to worse after the ban news from China government and India joined this list. The crypto friendly countries are now small East Europe countries plus Gibraltrar, Malta.

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June 21, 2019, 05:34:28 PM
 #85

it can be said if developed countries more easily accept crypto, for example Japan and America and other developed countries.
maybe because the people and government are more open to new developments in this era so they want to accept crypto.
and in my opinion China will also immediately accept to accept crypto.

Without a doubt, developed countries more friendlier to crypto than those within the third world. They embrace technology in every way, which are quite progressive in this regard. As for third-world countries, it seems nearly impossible for them to accept crypto as a legal form of payment, mostly because they lack the technological infrastructure to support them. Still, people seem to find a way to use crypto even if some countries are restrictive to it.

In Venezuela, many people are using Bitcoin and Dash, despite being illegal in the country (as far as I know). Given that their national currency has experienced high inflation rates, they're resorted to other means which are ideal as a store of value. Perhaps in the future, countries which have troubled economies, will accept crypto as a legal form of payment. No one knows what will happen in the future.

Despite this, there are many countries nowadays which are quite friendly to crypto after all. Only a small few, are restrictive towards crypto, but they're starting to change their minds (like China) as they're realizing that crypto is too big to fail. Nonetheless, the US, the UK, Japan, and Malta, seem to be the most friendliest countries towards crypto within the mainstream world. Just my opinion Smiley

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June 21, 2019, 06:52:07 PM
 #86

Currently Brazil is friendly. So the market can be considered a baby compared to China, America or developed countries. Overall, we can say that the emerging countries (BRICS) Brazil, Russia, China, South Africa, should be considered promising due to lack of development in the monetary and financial sectors and in my opinion cryptocurrency can help to match the expectations of technological advances .

Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
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June 21, 2019, 07:12:03 PM
 #87

My personal opinion is that the most friendly countries to the cryptocurrency are China, Japan and the United States, despite many prohibitions.

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June 21, 2019, 08:24:14 PM
 #88

Of a truth I think Switzerland is the number 1 country offering friendly regulations to both existing and upcoming blockchain projects. Another country to consider is Singapore, their government is also trying to give blockchain projects an accomodating environment. Another country is Japan as I have seen projects doing well over there.
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June 21, 2019, 08:58:21 PM
 #89

If you Google Search the most cryptocurrency accommodating country you could possibly get a very straight forward answer but still not be correct. My opinion would be that if your country has no ban placed on cryptocurrency then it's a good start
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June 21, 2019, 09:02:01 PM
 #90

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.



Thanks for sharing the information. It will be a deal for projects or crypto startups who are looking for a crypto friendly environment for their establishment. Malta is still the most friendly and I see why many projects and even the well established ones are moving there.
Thank you for the high-quality selection of links to the material. I know that some European countries accept cryptocurrency and create a favorable legal climate for cryptography. In Ukraine  is installed the first BTC  ATMs in Odessa. In October 2019 year will be  the bill on cryptocurrency and its taxation scheduled.
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June 21, 2019, 09:08:14 PM
 #91

Most of the asia countries were more friendly in crypto, so as the selected western countries who continued to used and promote crypto adoption. Japan, korea and other neighboring countries now adopted crypto as one of their promising currency that caters usually their basic mode of payment transactions. How I wonder this will be applied on some other countries who totally educates themselves towards crypto.

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June 21, 2019, 10:09:35 PM
 #92

I think asian countries, like China, Korea. Korea especially, saw many ICOs from that county with government money.
I think USA has the strictest laws about crypto, it is very hard to do smth there.

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June 21, 2019, 11:12:28 PM
 #93

Interesting and very educational the list that was provided. In the Philippines, there are no issues yet though the Central Bank of the Philippines already sent a memo to all banks about accepting bitcoin as payment or deposit. Here the general mood of the people is that of ignorance. Many view bitcoin and cryptocurrencies as playground for the rich and powerful. Though there are businesses catering to cryptocurrencies like COINS.PH and ABRA applications.

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June 21, 2019, 11:25:00 PM
 #94

The China-based projects have more potential than Europe based AI projects. This tendency changed to worse after the ban news from China government and India joined this list. The crypto friendly countries are now small East Europe countries plus Gibraltrar, Malta.
But that will not happen easily consider both countries are still lack of knowledge about how important technology for us. When blockchain and crypto become the major trend and that will be the time they will try to adopt it dude. These countries are still coming with so many restrictions to technology like blockchain.

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June 21, 2019, 11:32:14 PM
 #95

I think asian countries, like China, Korea. Korea especially, saw many ICOs from that county with government money.
I think USA has the strictest laws about crypto, it is very hard to do smth there.
When it come to crypto adoption, well ASEAN countries have it huge numbers than to other areas only it happens that they usually converted it into fiat money since only few establishments accepting it by now. But it is good to see how this countries never look on the negative side of crypto instead, they give support into this knowing the fact that their people can get benefits from here.
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June 23, 2019, 07:58:16 AM
 #96

Japan and Malta and South Korea all these countries are friendly towards crypto these countries legal framework and govt policies and support we have seen many new projects come from this place soon more new countries  may join like Swiss and Thailand
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June 23, 2019, 08:14:05 AM
 #97

Based on what I have been hearing and according to this report : https://medium.com/%C3%A6ternity-ventures/top-8-crypto-friendly-countries-e6bbf90e8161 below are the list of top eight countries:

Malta — the Blockchain Island.
Liechtenstein — the Blooming crypto hub.
Japan — the Pioneering technological wonder.
Switzerland — the Crypto Valley.
Gibraltar — the Crypto Rock.
Estonia — the Baltic crypto power.
Barbados — the Caribbean Crypto-paradise.
Slovenia — small country with solid crypto plan.

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June 23, 2019, 08:35:44 AM
 #98

 Malta is a very friendly country for crypto businesses, I heard a lot that it is the friendliest jurisdiction for startups.
 

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June 23, 2019, 09:32:47 AM
 #99

Based on what I have been hearing and according to this report : https://medium.com/%C3%A6ternity-ventures/top-8-crypto-friendly-countries-e6bbf90e8161 below are the list of top eight countries:

Malta — the Blockchain Island.
Liechtenstein — the Blooming crypto hub.
Japan — the Pioneering technological wonder.
Switzerland — the Crypto Valley.
Gibraltar — the Crypto Rock.
Estonia — the Baltic crypto power.
Barbados — the Caribbean Crypto-paradise.
Slovenia — small country with solid crypto plan.

My country is Indonesia and i think enough to provide easy cryptocurrency transaction. Although it can not be used as currency in a merchant but there is a Local exchanger and can buy a crypto with fiat money
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June 23, 2019, 09:36:06 AM
 #100

I think countries in Asia like South Korea and Japan are friendly to crypto. This is evident from the two countries that there is currently no prohibition against crypto and they are still active in supporting crypto development
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