ASIAN CRYPTO FRIENDLY COUNTRIES

[Dreamchaser21]

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

My country is not that huge but I can say that you can use your bitcoin and other cryptocurrency easily, most of the developing countries in Asia are adopting cryptocurrency maybe we realize the importance of this technology and I know we will have a strong regulation in the future so let's see if this thing happen or not but I know most of the country will follow.

[XXXgames]

i think india ?

[zidanw]

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

My country is not that huge but I can say that you can use your bitcoin and other cryptocurrency easily, most of the developing countries in Asia are adopting cryptocurrency maybe we realize the importance of this technology and I know we will have a strong regulation in the future so let's see if this thing happen or not but I know most of the country will follow.

therefore, the users of the most digital currencies in the world are from Asian countries, although there are still few who want to receive crypto money well. but I am sure that someday in Asia countries will quickly legalize crypto currencies because with increasing years the technology will grow rapidly

[el kaka22]

South Korea? How the hell would anyone not consider South Korea a crypto friendly country? They literally have exchanges that are global and making money from everyone around the world and using that money to pay taxes as well and cash out to make the national currency stronger as well.

There is no better example than South Korea, even Singapore and Hong Kong is not as strong as South Korea because in reality they are just allowing them to trade bitcoin or spend bitcoin but they are not "supporting" it, they are just allowing it whereas in South Korea the government literally helped build an exchange in South Korea. The only one that is literally better is Japan because they have been the first place that took the MT.Gox hit but they kept up the support and now allow over 250k stores to sell with crypto thanks to some card they have over there.

i think india ?

India is getting ready to implement 10 years imprisonment for crypto related activities. But, as of today they are neutral just like most other countries.

[vixcious]

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

Yes. But Chinese people are more involved in this crypto market. Besides, there are many businesses that are moving towards Crypto and in the future, Chinese people will be one of the most influential countries in the crypto world and second only to the United States.
we should support Chinese projects now. It will bring great profit for us in the future.

[xSkylarx]

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 think Philippines is also one of the crypto friendly countries. Most remittances here starts to acknowledge bitcoin and studies how to apply it on their business. Some merchants already accepts bitcoin where you can pay some monthly bills like electricity and internet but those are on selected areas for now.

[aioc]

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'm from Asia and glad to see that Asian economic power are embracing cryptocurrency but I definitely like to see the Philippines be one of them they have a Central Bank certified cryptocurrency to a local exchange and they also have two or three Bitcoin ATM and there are so many Filipinos involved in cryptocurrency.

[goaldigger]

I think the only country who's not crypto friendly in Asia is China since cryptocurrency us banned over there. Even though most does not fully support crypto, we should be thankful it still legal to use it on other country. Maybe the government still doesnt recognize it as a helpful tool but still analyzing it till now.

[slaman29]

India is getting ready to implement 10 years imprisonment for crypto related activities. But, as of today they are neutral just like most other countries.

Check out the real news about this, there is no such thing about putting people in prison for crypto related activites. The media and journalists who wrote about this were just thinking stupidly, see this thread that has the details. https://bitcointalk.org/index.php?topic=5157098.msg51554241#msg51554241

So no, it's strange to ask about crypto friendly Asian countries. Ask about unfriendly ones, that's harder to answer!

[satriagedhe]

i just heard that philipine also are welcoming to bitcoin and i hope more asian country will support bitcoin next time

[brotherwood12]

people on indonesian also try to adapt bitcoin there a few excahnge and much people are using it rightnow , hope it get better time by time

[aad140386]

It is quite possible that the Asian countries will become the engine of the new growth of the world economy. The Asia-Pacific region is now showing impressive growth rates, and if China is quite hostile to cryptocurrencies, then other Asian countries are more loyal to cryptocurrencies. Especially pretty small countries. If India and China allowed full use of cryptocurrency in their countries, then I think that Bitcoin could cost $ 40,000 this year.

[Indrawan77]

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.

Yes, Philippines is one of the Asian countries that have got increased usage. There weren't much development in business level adoption relative to bitcoin, but it has large number of stores and common people who use bitcoin similar to that they use the traditional fiat.

In Philippines same as the acceptance there is increased number of scams that made some hard days for the cryptocurrency users as some regulations were put forth by the government. Other than the stated country, there are many Asian countries that have a good number of users.

I agree, Philippines show a great response to the crypto and the growth is quite well, Asian got a got response and I think the response is better than the western countries, and it certainly will help a lot of the citizens to get a better economic life, unfortunately the China and India are banning crypto, if they support crypto I think the influence will spread wider

[TheCoinGrabber]

Those 3 along with South Korea are quite involved with the more tech part of crypto. They also hold some international exchanges.

Adoption-wise I think Vietnam and Philippines are quite friendly, at least last I heard about the former. They haven't attempted to criminalize it yet like India.

[Oceat]

It is quite possible that the Asian countries will become the engine of the new growth of the world economy. The Asia-Pacific region is now showing impressive growth rates, and if China is quite hostile to cryptocurrencies, then other Asian countries are more loyal to cryptocurrencies. Especially pretty small countries. If India and China allowed full use of cryptocurrency in their countries, then I think that Bitcoin could cost $ 40,000 this year.

More and more adaptation in the neighboring country Asia will get recognized throughout the world. But we couldn't deny the fact that most of the neighboring country is against in any activity of cryptocurrency. They still think that it is a threat to their nation or maybe they were just afraid that people might choose it over banks.

[FlightyPouch]

How about Philippines? It might not be that popular to people but bitcoin is regulated in our country. The government supports the use of it and there are even multiple of local exchanges in our country. We can't fully use bitcoin since some place can't support it but I think we are also a crypto friendly country.

[Rapidgator]

i think india ?

India? Country with many bad news in terms of law/regualtions for digital assets? I don't think so.. too many red flags..

[mazdafunsun]

I have red that Asian countries prefer to make payments with their smart phones ( everyday payments like buying coffee and paying for groceries) oppose to the EU and USA where electronic cards are the NR1 option.
Correctly me if I am wrong on the payments.

So I think that the Asia countries are in far better situation to start using crypto payments than the rest of the world. Because compared to other countries it would be easy to make those payments with their already used phones.

[samycoin]

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

That is true and eventually most of cryptocians that always active in crypto is Asians. They are most serious about Cryptocurrency investment or offered work. I think because Asians is hard working people.

[peter0425]

How about Malaysia?

https://cointelegraph.com/news/malaysian-securities-regulator-registers-three-cryptocurrency-exchanges

It says it open 3 crypto exchange, although regulators are very strict about granting licenses, but still this news is welcoming to Asia and could be consider as friendly country as well.