Which countries are more friendlier to crypto?

[setialovers]

When you say which country are more Crypto friendly, I say most of the Asian country except china and India, most of the blockchain from asia are coming from indonesia and philippines too they have their own Bitcoins exchanges and mostly korean exchanges have more popularity than japan crypto exchanges so all Asian Country are friendly except few.

Indonesia has a local exchanger and members able make transaction or buying cryptocurrency using local fiat. Cryptocurrency has been popular in last several years in Indonesia but the Government still not provided regulations when used at merchants.

[Barracuda]

When you say which country are more Crypto friendly, I say most of the Asian country except china and India, most of the blockchain from asia are coming from indonesia and philippines too they have their own Bitcoins exchanges and mostly korean exchanges have more popularity than japan crypto exchanges so all Asian Country are friendly except few.

Indonesia has a local exchanger and members able make transaction or buying cryptocurrency using local fiat. Cryptocurrency has been popular in last several years in Indonesia but the Government still not provided regulations when used at merchants.

Now indeed the progress of the cryptocurrency is very large. And I strongly agree that in Asia it is a friendly country with crypto. And year after year it will continue. In various European countries, crypto-friendly, like Ukraine & Switzerland, is one of them which I think is crypto friendly too. So now of course every country does not want to miss the blockchain technology.

[sjbi]

I do not know exactly how many countries have become familiar with cryptocurrency so far. But what I know is that many countries are adopting cryptocurrency taking leverage of this innovation. Unlike in the past, the mass people have started embracing cryptocurrency. But in my country, any type of crypto-related activities are banned.

[rjp55]

I think scandinavian countries and switzerland are more friendlier than the other countries. I might add south korea(due to massive amount of projects)

[Caladonian]

I do not know exactly how many countries have become familiar with cryptocurrency so far. But what I know is that many countries are adopting cryptocurrency taking leverage of this innovation. Unlike in the past, the mass people have started embracing cryptocurrency. But in my country, any type of crypto-related activities are banned.

There's a lots of countries who's now catering the service of crypto though it's still small numbers compared to the actual count but it's far better than what it is way back 2-5 years ago, we can say that there's already a lots of interest coming from different sectors and they are seeing the usage of this system maybe adding 2-5 year more we will see mass adoptions everywhere.

[bangdol]

I think scandinavian countries and switzerland are more friendlier than the other countries. I might add south korea(due to massive amount of projects)

South Korea has well organized ICO projects in their countries. there are strict regulations carried out by the government for crypto companies. because the government knows the great opportunities and dangers of using crypto assets in their countries.

[Abiky]

i think Russia is a friendly country for cryptocurrency, like we know many project are launched from this country and the goverment are supporting blockchain and cryptocurrency industry, and another country maybe China, australia, Japan, Estonia

It's good to know that Russia has started to support crypto, after being hostile towards it some time ago. I guess that they've realized the true potential of crypto and Blockchain technology, which led them to such decision. As we all know, most governments accept crypto mostly with the intent to tax it. Bitcoin, Ethereum, and most other cryptocurrencies with a transparent blockchain ledger will see the approval of most of the world's countries. However, that won't be the case with privacy-oriented coins like Monero and Grin, since it's becomes harder for governments to tax them at all.

Despite this, it seems that the number of countries that are friendly to crypto is growing each day. It's hoped that as Blockchain technology progresses, every country in the world will embrace it for the greater good. This will pave the way towards digital Fiat currencies powered by the Blockchain within the not-so-distant future.

Nonetheless, I believe that Japan and the US are among the most friendliest countries in the world towards crypto and Blockchain technology. The NEM cryptocurrency has been very promient in Japan (being used at a large scale), while Bitcoin and Ethereum has been used massively within the US. Which is why, developed countries have greater chances of accepting new technologies than those in the third world. Just my thoughts

[olamidey]

There are some countries that are very much friendly concerning crypto while some are strict and want to enforce regulations and related measures with other countries completely against it and all it stands for. So you could divide all countries into three different categories. Asia countries have accepted cyrpto currency like Japan, Korea with Switzerland and Canada also good with cyrpto.

[asyakashi]

Thailand will be a friendly country with crypto, I see this is very potential because Thailand has the principle of freedom and openness. I hope that more and more countries will have a friendly policy towards crypto users.

[alexcopper]

Singapore and Japan I think are the most advanced due to their governments acceptance

[marine4u]

Now I know that there are some countries in Asia such as Japan, Korea and Singapore that have very open policies for the cryptocurrency market. This is reflected in the fact that there are many big Exchange about cryptocurrency formed in these countries. The development in Asian cryptocurrency markets has caught up with the major countries in the world.

[EmmaBen]

I think most third world countries in Asia and Africa are crypto friendly and tend to welcome the idea. I see a lot of these countries not only promoting the blockchain technology extensively, they seem vested and fascinated by the idea. Equally, their citizens participate actively in crypto related activities without any form of restrictions.

[cryptonewbie]

I think Korea is the most friendly country to Cryptocurrencies right now, I wish my country was that conducive, my country is very indifferent to Cryptocurrencies because those in charge are old men and women who do.not even understand what Cryptocurrencies mean.

[Abiky]

I think Korea is the most friendly country to Cryptocurrencies right now, I wish my country was that conducive, my country is very indifferent to Cryptocurrencies because those in charge are old men and women who do.not even understand what Cryptocurrencies mean.

South Korea has been extremely friendly towards crypto lately. It shows us that developed countries are hugely interested in the next-generation technologies. Japan has also done the same, as well as, countries in the EU and America. Only a select few countries like India, China, and some third-world countries are against crypto and Blockchain tech in general. But that's about to change, as society becomes more interconnected and people adopt new technologies every step of the way.

Governments worldwide will realize the huge benefits Blockchain technology provide towards the economy, leaving them with no choice but to accept mainstream cryptocurrencies more thoroughly. Considering that most cryptos are transparent by design, governments can easily track & trace transactions either for taxation or detecting illegal activities.

Which is why, I believe there may be hope that someday China and India will become extremely friendly towards crypto. Among the countries that are friendly towards crypto, the most restrictive one seems to be the US. We've seen how the SEC has recently cracked down on ICOs and a few exchanges. This environment makes it unsuitable for crypto growth and development, as businesses and corporations try to comply with fierce regulations in every way. Some exchanges have even banned US customers from using their platform, because of how restrictive the US government has been towards crypto. Still though, the US is the country with the most crypto supporters which I believe that it will improve its regulations within the not-so-distant future.

Nonetheless, it's good to know that more countries are becoming friendly towards crypto. Before you know it, nearly every country in the world would accept crypto as a legal form of payment. Just my thoughts

[daenarys_stormborn]

in my opinion the most friendly country for bitcoin is Malta, Japan and Singapore, because in my opinion these countries are have very advanced technology, especially Japan, who doesn't know the country with the number one technology in the world, so cryptocurrency can be easier to enter these countries

[nabilapimpo]

In crypto countries, I can be accessed by anyone. The Government is already providing licensing and many people are encouraged to learn crypto. Cryptocurrency is a technology that is advanced and has many advantages. So I argue that my country is very friendly with crypto.

[Ifychuks]

The cryptocurrency world really needs for more countries to embrace cryptocurrency rather than be against it. If major countries of the world go against cryptocurrency, how them do we achieve this much preached mass adoption. There are still countries that are crypto friendly anyway.

[nutriagrigia]

in my opinion the most friendly country for bitcoin is Malta, Japan and Singapore, because in my opinion these countries are have very advanced technology, especially Japan, who doesn't know the country with the number one technology in the world, so cryptocurrency can be easier to enter these countries

Malta is definitely a good country, but I do not really trust cryptocurrency projects that are registered in Malta, because I consider them not too safe

[Decimation]

In my experience, probably Europe. It's weird though, because it's often easier to get crypto in countries where it's banned. This is because of little to no regulation, and the demand for it. In the US there are so many laws, it's always such a pain to sign up for an exchange, etc. In Africa I've heard it's pretty simple to get crypto because everyone uses it. As a US citizen, I would definitely say that Europe is better (not as many dumb laws relating to money laundering, etc.)

[Youghoor]

Currently based on my personal observations and research, Japan is the most crypto friendly country.  This country understands and know how relevant cryptocurrency and blockchain technology can easily transform their financial ecosystem. If all countries can see the light Japan has seen in cryptocurrency, the financial world will be a better place and simple to make all kinds of transactions.