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Author Topic: ASIAN CRYPTO FRIENDLY COUNTRIES  (Read 985 times)
gwdf1
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June 28, 2019, 07:48:25 PM
 #61

Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.
Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393
I do hope that one day. we will be able to have a section like this for Africa

It is expected soon. Many countries in Africa have a poor economic situation. The cryptocurrency can save many people there. The list of crypto-friendly countries will be growing all the time. Experts found out that Asians countries "push" Bitcoin up.
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June 28, 2019, 10:54:19 PM
 #62

That's very true, these countries have really shown huge support for blockchain technology and cryptocurrencies in general. Take for instance Singapore, i know there is an exchange called Bitrue which is doing very well at the moment. Hopefully, other countries would open their doors to cryptocurrencies too.




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June 29, 2019, 06:00:26 AM
 #63

Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393

This list needs to be added to a country that is very friendly with cryptocurrency and blockchain, Philippines. I was really surprised about the effort in expanding knowledge of blockchain and crypto in the educational environment in the Philippines. they are also supporting Bitcoin ATMs, this is crazy. In the next 5 years, they will be a country of great influence in the crypto market.

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June 29, 2019, 10:23:07 AM
 #64

Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393

This list needs to be added to a country that is very friendly with cryptocurrency and blockchain, Philippines. I was really surprised about the effort in expanding knowledge of blockchain and crypto in the educational environment in the Philippines. they are also supporting Bitcoin ATMs, this is crazy. In the next 5 years, they will be a country of great influence in the crypto market.

I'm also hoping for that to happen. But before that some people here should be enlighten first what really is bitcoin because some investment schemes here are saying that they have crypto investments to provide payouts to their investors and can sustain their business.
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June 30, 2019, 04:03:11 AM
 #65

Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.
Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393
I do hope that one day. we will be able to have a section like this for Africa

It is expected soon. Many countries in Africa have a poor economic situation. The cryptocurrency can save many people there. The list of crypto-friendly countries will be growing all the time. Experts found out that Asians countries "push" Bitcoin up.
Yeah we know that bitcoin can improve the economy on there, but they don't have the resources to connect to bitcoin, many African countries don't have electricity, internet connections, even cellphones, how can crypto be spread there?
by the way I live in Asia, and crypto has started mushrooming here Smiley
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June 30, 2019, 06:48:48 AM
 #66

Good development for the Asian country, they cannot dominate in terms of economy standing but they are allowing crypto as an opportunity to improve their economy. I'm living in Asia and I'm happy with the current crypto status in our country, I'm hoping more improvement will come in the long run as improvement will lead to more adoption.


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June 30, 2019, 08:15:04 AM
 #67

Recently, I have been seeing a real increase in the potential of the cryptocurrency market in Asian countries.  And this is even if not to mention China, which practically controls half of all bitcoins on the network.

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June 30, 2019, 08:24:09 AM
 #68

Most Asian countries engaged bitcoin, and above all countries this 3 countries already made to the top, this countries are:
JAPAN
SINGAPORE
HONG KONG
As of the present this countries served as the heart cryptocurrency in Asia.

Source:
https://medium.com/@manager_77257/top-crypto-and-blockchain-friendly-asian-countries-part-2-70d684b95393


Hongkong is not a country. It may be autonomous to a certain extent but it is still under the administrative supervision of china. In other words, it is not a totally independent country. It still belongs to china. Hongkong allowed Bitcoin but the mainland china is restricting it. I guess the 3rd spot goes to South Korea.
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June 30, 2019, 09:48:38 AM
 #69

You should add up Philippines on the list.

They might not fully adopted it yet but there are 3 current local exchange in the place where you can make crypto transactions and
whats even good that you would able to buy-pay up things upfront on using up your coins.
I agree that even if bitcoin is not yet fully adopted in Philippine country but are very friendly to bitcoin and didn't consider bitcoin as what most people think about bitcoin. I have been using one of the 3 current local exchange in the Philippines to use it as one of the payment system that is available or even buying or selling game credits if I want to.

Asian is most country have friendly for cryptocurrency, for the first country support bitcoin is China and after banned by China Japan become more friendly country always support how bitcoin become legal transaction payment.
Do you mean that Asia has the most country that is friendly for cryptocurrency?. Well, it's not only japan that is friendly in cryptocurrency by accepting bitcoin as a legal currency in a country.

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June 30, 2019, 12:31:45 PM
 #70

When talking about crypto in Japan, I think Japan is the most friendly country to bitcoin, I have visited Japan several times and I have felt it myself, shopping using bitcoin, is very easy.
I hope it will spread to other countries in ASIA and possibly to the whole world.  Wink

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December 25, 2019, 08:28:57 AM
 #71

South Korea is also a bitcoin-friendly country. South Korea's government has legalized and made an official regulation regarding cryptocurrency that every time a crypto transaction using a bank account must use a real name. and the volume of bitcoin trading in South Korea is quite high. but in my opinion the most friendly Asian country with crypto is Japan. if we live in Japan we can use bitcoin to shop, some shops in Japan have accepted bitcoin as a means of payment.

 
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December 25, 2019, 08:48:23 AM
 #72

Japan is no doubt The Land of the Rising Sun for Crypto. Japan is the only country that has embraced the crypto revolution in true spirit. Ban by china on crypto exchanges and ICOs also give opening to japan to come up as crypto leader.
There are not much friendly countries in europe and america like japan and S/korea.

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December 25, 2019, 09:48:49 AM
 #73

South Korea is also a bitcoin-friendly country. South Korea's government has legalized and made an official regulation regarding cryptocurrency that every time a crypto transaction using a bank account must use a real name. and the volume of bitcoin trading in South Korea is quite high. but in my opinion the most friendly Asian country with crypto is Japan. if we live in Japan we can use bitcoin to shop, some shops in Japan have accepted bitcoin as a means of payment.

Japan is no doubt taking the first spot. Next is Korea, followed by Singapore, Malaysia, Philippines, India, Indonesia, Vietnam and so forth. But we can't ignore countries from middle eats too as part of ASIAN,like the United Arab Emirates. Heard the news about UAE having several crypto projects too.

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December 25, 2019, 10:30:01 AM
 #74

yes Japan is a very friendly country with bitcoin. the Japanese government has legalized bitcoin as a legal payment tool. and many speculate the creator of bitcoin satoshi nakamoto came from Japan. Furthermore Hong Kong and Singapore also strongly support cryptocurrency. I will add one more country in Asia that is friendly with bitcoin, namely South Korea. the volume of bitcoin transactions in south korea is quite large. some residents already understand about bitcoin.

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December 25, 2019, 11:04:57 AM
 #75

There are many other countries that support crypto such as Iran Japan China but I think Asia is the most friendly country for cryptocurrency. Asia is the first to support cryptocurrency, and through crypto their country's economic development has been accelerated Which will have a positive impact on the country of Asia.

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December 25, 2019, 11:06:34 AM
 #76

yes Japan is a very friendly country with bitcoin. the Japanese government has legalized bitcoin as a legal payment tool. and many speculate the creator of bitcoin satoshi nakamoto came from Japan. Furthermore Hong Kong and Singapore also strongly support cryptocurrency. I will add one more country in Asia that is friendly with bitcoin, namely South Korea. the volume of bitcoin transactions in south korea is quite large. some residents already understand about bitcoin.

Why they are friendly country of bitcoin? because they know that cryptocurrency will their improvements along with their technologies, that's why they understand how crypto may useful to them. I think in more years to come Asian countries will be the top users of crypto and possible to create more demand and usable.

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December 25, 2019, 03:37:50 PM
 #77

yes Japan is a very friendly country with bitcoin. the Japanese government has legalized bitcoin as a legal payment tool. and many speculate the creator of bitcoin satoshi nakamoto came from Japan. Furthermore Hong Kong and Singapore also strongly support cryptocurrency. I will add one more country in Asia that is friendly with bitcoin, namely South Korea. the volume of bitcoin transactions in south korea is quite large. some residents already understand about bitcoin.

Why they are friendly country of bitcoin? because they know that cryptocurrency will their improvements along with their technologies, that's why they understand how crypto may useful to them. I think in more years to come Asian countries will be the top users of crypto and possible to create more demand and usable.
The adaption of bitcoin is not just limited to Asian countries, we can also see western countries that will be adapting the wonderful technology of cryptocurrencies. It is true that the Asians know the potential of the blockchain and the cryptocurrencies behind it and that is why they are really reacting and taking action to utilize it. I hope that same action will happen to western countries so we can grow faster.

 
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December 25, 2019, 03:55:00 PM
 #78

Maybe you've forgotten a country that also loves cryptocurrency, that's malaysia. It is the largest country in Asia that supports cryptocurrencies, and its government also supports cryptocurrencies. In 2020 they are planning to apply it to payments and limit cash usage. In addition, Malaysia also has many large and successful projects in this market

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December 25, 2019, 04:37:55 PM
 #79

Hong Kong might be in a fickle situation though. Right now, the public loves bitcoin and crypto in general however the government is in a open war with the public so it is a matter of time before they might ban crypto all together. What is the power that governments have? Their taxes and banks that have billions right? What happens when all public withdraws their money and moves to crypto? They can't be taxed if hidden well and banks will have less money so government gets weaker, right now Hong Kong public is not doing that in an alarming rate but as soon as that happens I am 99% sure government will ban it all together.

Japan however is not like that, they are known for how progressive they are with crypto, they have been the leaders of crypto adoption as a nation ever since bitcoin was created.

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December 25, 2019, 06:08:46 PM
 #80

I agree with Japan being one of the countries that had a huge level of adaptation when it comes to crypto. They might have started adapting crypto a bit late but their progress is fast. There is no wonder since Japan is one of the most advanced Asian countries in regards to technology, so learning the scope and basics of crypto and blockchain is easy for them.

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