Which countries are more friendlier to crypto?

[LiquorBan]

In my country "Philippines" have shown greater support in cryptocurrency as it is being used as a utility as to pay bills,And level of enthusiasm when it comes to crypto as it is always seen in their news, and also some of the banks are accepted the crypto currency already.

[aditasetia123]

In my country "Philippines" have shown greater support in cryptocurrency as it is being used as a utility as to pay bills,And level of enthusiasm when it comes to crypto as it is always seen in their news, and also some of the banks are accepted the crypto currency already.

if government and institution accepting cryptocurrency this is good fundamental for cryptocurrency growth at that country.investor in this market will increase since they feel comfort with government policy.

[Dellosoft]

I think Malta , Venezuela and Switzerland are more crypto friendly. I believe with time more countries will remove many existing restrictions to crypto. Rumours have it that Venezuela tried enacting their own national cryptocurrency called PETRO, although many authorities fought against it.

[Fredomago]

In my country "Philippines" have shown greater support in cryptocurrency as it is being used as a utility as to pay bills,And level of enthusiasm when it comes to crypto as it is always seen in their news, and also some of the banks are accepted the crypto currency already.

if government and institution accepting cryptocurrency this is good fundamental for cryptocurrency growth at that country.investor in this market will increase since they feel comfort with government policy.

Yeah right, if the government from such place is not against crypto and they are allowing merchants and utilities to used this currency it will take higher chances to have more people to get involve to this market, friendly places for crypto will be more likely to have easy adoptions and support will flow to this industry.

[Avirunes]

[...]

l have learned from this news that some countries have banned BTC. For example, India, ...[...]

No they don't support use of Bitcoin and it's trading. People are just interpreting it in wrong way. They haven't banned but they only advice people out here to avoid trading of Bitcoin for the best.

There was a recent draft which included some penance to be included and ban but that also was reconstructed since committee members didn't supported it in majority.

[eidoscore]

i think Russia is friendly country for Cryptocurrency, because as we know many project are launch from this country and from their state
and one other country of course China is friendly and preferable country for cryptocurrency

[Police Indo]

I actually prefer America, but because Trump as president is less positive than Cryptocurrency, so I agree with Japan. In this country Cryptocurrency, both BTC and Alt, is officially legal and can be used as a legitimate payment instrument. there are many retailers that accept payments using Crypto, and companies that hire employees with Crypto. If Japan wants to make their own crytpocurrency, I think it's easy because many local banks are ready to support

[Kriptos]

A country friendly with Bitcoin, I think Indonesia and Japan. In Indonesia today Cryptocurrency is very popular and exchanges like Indodax have licensed. So in Indonesia, the development of Cryptocurrency is very fast and can be a good solution to reduce the unemployment rate.

[ttcsalam]

Beautiful topic. I mean China does not want to take it positively. Japan is now a manufacturer of it. Japan can be a manufacturing center.

[hell_slayer]

I think Japan is currently one of the most friendly countries to cryptocurrency. They have already formed legislation, many exchanges legally established in Japan have long been working on the market. All that the participants of the Japan crypto market need to do in order not to have problems with the law is to pay established taxes

[jazmuzika217]

I read some blog and crypto news that Australia and Canada are crypto friendly country. They are open minded to accept and adopt new environment like crypto that's why I am not surprised that they are so progressive country. But US and China one of the most rich country all over the world are against in crypto and continue to publish it to discourage people about crypto because I think the main reason of this is crypto can affect their economy and business because in using crypto all transactions will be online so it can affect in so many aspect in their industry.

[hongus]

I heard that Belarus has a good bill on cryptocurrency legalization until 2023. However, it will be difficult to create a project there due to strict regulatory conditions. And since there is allowed the exchange, even the transfer of inheritance.

[Krabby]

Many say the most friendly Crypto country is Singapore, Yeah I strongly agree with that, but actually my country (Indonesia) is also now starting to be friendly to Crypto, there are already some Crypto projects present here. I am sure in the future that there will be more and more countries that are Crypto-friendly.

Well I know a lot of projects come from Indonesia. There are many good projects and great dev, I believe in the future. In Southeast Asia, Indonesia will support really good cryptocurrency like singapor is doing

[efrenbilantok]

Philippines is a friendly country to crypto, I heard that more and more shops are accepting bitcoin as a payment I think it's around Manila,
Also we can pay bills using bitcoin in coinsph app, the government is not restricting the use of bitcoin and in fact one of the senators in Philippines is an investor of a crypto project, pacman.

[asbak66]

Indonesia maybe, I'm from Indonesia and we are very welcome with crypto. We love crypto and love all things about it. We found it promising and can give us some easy money from airdrop, trading, or investment such as ICO or IEO.

[NewRanger]

Indonesia maybe, I'm from Indonesia and we are very welcome with crypto. We love crypto and love all things about it. We found it promising and can give us some easy money from airdrop, trading, or investment such as ICO or IEO.

indonesia have big crypto community if compared with another developted countries.but in regulation maybe singapore still one step a head.many projects based on this country due to their government regulation.in indonesia crowdfunding based on crypto projects still restricted by Financial Services Authority.

[Soberb]

Reports say that many countries are embracing cryptocurrency. But the latest development in cryptocurrency is sad. President Trump's statement against cryptocurrency, rumors of the US trying to ban cryptocurrency, India and China's move to ban cryptocurrency are scary. But I think cryptocurrency will be adopted by all of them ultimately.   

[kumala_abi]

Many say the most friendly Crypto country is Singapore, Yeah I strongly agree with that, but actually my country (Indonesia) is also now starting to be friendly to Crypto, there are already some Crypto projects present here. I am sure in the future that there will be more and more countries that are Crypto-friendly.

yes, we've see many good campaign from indonesia.and some of them get great success.i think there are many good developers come from this country, but unfortunately there is not support yet from its government.

[Icologies]

With tightening regulations from the US and some countries worldwide, the growth of crypto and Blockchain technology is becoming somewhat slow. We've seen how the SEC has been against ICOs all along, while some people in the government have proposed to ban privacy-oriented cryptocurrencies. In other countries like China and India, they've been proposing to ban Bitcoin in its entirety which could have a huge impact on crypto's growth within such areas.

Why is why, I'm curious to know which country is the friendliest to crypto nowadays? Or, which countries are more friendlier to crypto than others?

There was once a site called "Bitlegal" which showed the countries of the world, that were friendly to crypto and Blockchain in general. However, it seems to be widely inaccessible these days.

Nonetheless, what are your thoughts about this?

China once made crypto popular with the high price of bitcoin at the time and made crypto well received by the public, somehow the Chinese government banned crypto in its country which made a significant price reduction. I myself don't know which country is the most friendly to crypto.

[Abiky]

I actually prefer America, but because Trump as president is less positive than Cryptocurrency, so I agree with Japan. In this country Cryptocurrency, both BTC and Alt, is officially legal and can be used as a legitimate payment instrument. there are many retailers that accept payments using Crypto, and companies that hire employees with Crypto. If Japan wants to make their own crytpocurrency, I think it's easy because many local banks are ready to support

The president of the US may be against cryptocurrency, but most of the country is well supportive of the same. Everything will depend on US lawmakers as they devise laws that will allow the usage and growth of crypto within the US. So far, it's legal to use and support crypto as long as you pay your taxes and comply with the law. Comparing the US to other countries, it seems more strict than others. Still though, with proper regulatory guidance, the US could devise laws that will become as friendly as possible towards crypto.

Until that happens, Japan and Malta will be considered the most friendliest countries in the world towards crypto. Japan has been widely using crypto for a long time, where NEM has taken a large prominence there. On the other hand, Malta has been the home of Blockchain technology where most startups and companies (like Binance) have established their operations there.

In the end, more countries will begin accepting crypto as they realize their true benefits. Once they find a way to properly tax crypto, then they'll be sure to devise laws that'll benefit the whole ecosystem. Right now, China and India are not very friendly towards crypto but it could change over time. Anyhow, crypto will always prevail on oppressive countries because of its decentralized & distributed nature. Just my thoughts