The World’s Most Crypto-friendly Countries

[elisabetheva]

Hello everyone.

Below is an article of the countries that are the most crypto friendly. Are there any countries the article is missing out? If you live in one of these countries, how accurate is the article? The link to the article is below

https://www.publish0x.com/crypto-101/worlds-most-crypto-friendly-countries-xmxrvw?a=GELe3POa69

-snip-.

I feel that the articles on https://www.publish0x.com/crypto-101/worlds-most-crypto-friendly-countries-xmxrvw?a=GELe3POa69 can be recognized as true writing. although some of the countries listed for me are still rarely heard compared to China, Japan, Singapore, of course.
but of course every country will be different regulations, the same as in my country does not recognize to be used as a legitimate medium of exchange, but does not forbid being able to exchange into fiat.

[1714248792]

1714248792

[1714248792]

1714248792

[1714248792]

1714248792

[Bananington]

Most of the key countries which are crypto friendly were mentioned on the article, nice piece. Malta and Singapore are very crypto friendly. Some sources say Brazil is also crypto friendly but I need affirmation from some crypto enthusiasts from Brazil anyway. I hope more countries especially world powers will become crypto friendly someday.

[nxnqauff]

Lots of European countries are crypto friendly. Especially Eastern Europe. South America and Asia apart from India and China are crypto friendly countries. Hoping for North America and other parts of Asia to adopt crypto for mass adoption.

[yulionoo]

in my opinion the United States is also a country that is friendly to bitcoin. 6.2% of the population has used bitcoin and many large American companies are willing to accept bitcoin as a means of payment such as Microsoft, Starbucks and Subway Subway. and Canada also includes countries that are friendly with bitcoin as cities in Canada have accepted bitcoin as a means of payment.

[Aabcde]

I often see emails related to crypto, usually written underneath cayman island, estonia, and singapore.
Maybe it's one place that allows a crypto company to be built.
I think that in the future there will be many countries which will make it easier to create crypto companies in their country. Because in addition to that, there must be many people who already understand crypto, but there is no related company that stands in their country.

[iram3130]

Japan would top this list, They have already adopted crypto for most of the things and its the best thing if you are a visitor. Malta is also leading in the technology with all the conventions and bringing in projects from many other countries. If only other countries understand the advantages of blockchain then we may see good implementation of crypto worldwide.

[biddicoin]

cryptotelegraph also made the countries list. it is almost same with yours, but it is okay
This picture will show to understand easily for many people. I hope there are many country which is friendly in future

[awik p]

Maybe add Philippines because here in my country many people start to gaining knowledge about cryptocurrency especially in bitcoin,  and also many crypto currency exchange are developing here in my country. 

And aside from that we have Bitcoin Atm,  and also some stores here already accepting bitcoin as a alternative payment.

yes philippines accept cryptocurrency like bangko central permit this but you need to accept that this is very risky to use too so risk at your own risk is my point so i think if some country don't acknowledge and authorize this then i think in future they will going to accept this because we only need knowledge about this then no risk at all for me if you can afford

philippines to include cryptocurrency subject matter in their formal school subjects. it seems they do not want to be left behind to welcome the digital era, on the one hand this program can provide prosperity to its people if crypto prices will soar, with the limited number of countries that legalize them giving many opportunities to prosper

[repetecrypto]

Hello everyone.

Below is an article of the countries that are the most crypto friendly. Are there any countries the article is missing out? If you live in one of these countries, how accurate is the article? The link to the article is below

https://www.publish0x.com/crypto-101/worlds-most-crypto-friendly-countries-xmxrvw?a=GELe3POa69

Also bonus tip, the blogging platform the article is written on is a great way to earn crypto for free. You can earn crypto for voting on articles and also for creating content. You can earn more BAT than from the brave browser. You can sign up through the link in this thread.

Nice article, thanks for sharing. I didn't realise that these countries were so friendly toward crypto. Also great platform for writing articles I've signed up and started earning BAT. Thanks for sharing it!

If anyone is interested, you can sign up through the article in this thread.

[Coyster]

My country is missing from the list, but over here there is no barrier to cryptocurrency, no taxes imposed and there are many outlets where people can spend their cryptocurrencies, though there is no btc ATM here as of yet, but I know one will be set up very soon. The number of citizens using cryptocurrency in my country is steadily rising, there are so many other alternatives, but the use of crypto is one people over here are very interested in.

Even those countries who do not have interest in cryptocurrencies are also utilizing the blockchain technology, and that's interesting for the bitcoin network, indirectly though, but is still a part of it.

[princecharles]

I feel glad when I see countries making regulations which are supportive of the cryptocurrency industry. There are many more countries coming into the fold as they are beginning to realise that cryptocurrency industry is technologically driven and would have several futuristic benefits to the country and world at large.

[ragavancoin]

Maybe add Philippines because here in my country many people start to gaining knowledge about cryptocurrency especially in bitcoin,  and also many crypto currency exchange are developing here in my country. 

And aside from that we have Bitcoin Atm,  and also some stores here already accepting bitcoin as a alternative payment.

This is quite true, the government also not put any restrictions regarding cryptocurrency, they just let the people invest in their own risk as they see no reason to ban crypto. Day by day I got to see news, stores and our country companies that are also accepting crypto or using it as a way to pay their workers.

Yes i agree. Phillipines do not restrict cryptocurrency people are using without any fear. Paying workers cryptocurrency is really good in our country it is restricted and could not use. Hope in future they do accept in our country also.

[Shinpako09]

Maybe add Philippines because here in my country many people start to gaining knowledge about cryptocurrency especially in bitcoin,  and also many crypto currency exchange are developing here in my country. 

And aside from that we have Bitcoin Atm,  and also some stores here already accepting bitcoin as a alternative payment.

Although it's becoming crypto friendly because BSP registered more crypto exchanges and Security and Exchange Commission is finalizing crypto guidelines. For me, still not, because some banks like BDO still not familiar in crypto or they are not comfortable if your funds came from crypto. Still a long way before you can add or cashout without thinking of possibilities that you will be ask about crypto and feel uncomfortably. Some are just forcing theirselves to become dishonest on where the funds came from so they can avoid such possible scenarios. I guessed, you've heard the one in our country where in he is ask to pull out all of his money in the bank because the funds came from crypto.

[hello_good_sir]

For now, it seems like that Panama and Malta are two of the biggest destinations for offshore companies to incorporate in. Panama being the country of choice for derivative exchanges such as Deribit, which will be moving there very soon next month, and Malta for a lot of spot exchanges such as Binance.

I do think that there is a benefit to having positive regulation towards bitcoin and crypto overall, rather than trying to drive it out of the economy.

It makes no sense to do the latter because you're literally just forgoing government revenue in the regulated space and there is no enforceability to any restrictions, since crypto is vastly decentralized.

[3la9l_kolbaCa]

Maybe add Philippines because here in my country many people start to gaining knowledge about cryptocurrency especially in bitcoin,  and also many crypto currency exchange are developing here in my country. 

And aside from that we have Bitcoin Atm,  and also some stores here already accepting bitcoin as a alternative payment.

Although it's becoming crypto friendly because BSP registered more crypto exchanges and Security and Exchange Commission is finalizing crypto guidelines. For me, still not, because some banks like BDO still not familiar in crypto or they are not comfortable if your funds came from crypto. Still a long way before you can add or cashout without thinking of possibilities that you will be ask about crypto and feel uncomfortably. Some are just forcing theirselves to become dishonest on where the funds came from so they can avoid such possible scenarios. I guessed, you've heard the one in our country where in he is ask to pull out all of his money in the bank because the funds came from crypto.

That particularly happens on counties with specific limitations on cryptocurrency, and that situation that pertains to pull out of funds, there's a probability that the funds was having been insufficient information to prove its legitimacy. KYC on most bank is pushed through even with money transfers both local and international, because it is need in order to control people from money laundering. This is the only ways to prevent illegal money coming in and out in the country. Huge amount of transfer was also scrutinized and questioned before it goes to hand of the receiver.

[Polar91]

Maybe add Philippines because here in my country many people start to gaining knowledge about cryptocurrency especially in bitcoin,  and also many crypto currency exchange are developing here in my country. 

And aside from that we have Bitcoin Atm,  and also some stores here already accepting bitcoin as a alternative payment.

Residing in the Philippines does really great for a cryptocurrency enthusiasts, but I can say, bitcoin and cryptocurrency is allowed and is tolerable by government but the fact that its image formed isn't really well since right before, people think about it as investment rather than a daily transaction medium such as a currency. Many falls to scam and pyramids, that is why if we ask an older person what is their thought about bitcoin, they mostly don't like it knowing that computer literacy rate of old people in the Philippines isn't promising plus, the impact of their first impression when they hear what bitcoin is.

I can say, if we try to convince or attract people with bitcoin, we should mainly consider talking to milennials.

[Bossfidelity]

The writer made a good impression by making Japan the first on the list. I'm impressed by that decision and that's a commendable way to start. It may be interesting to know that Japan is making moves on launching her own national digital currency. This shows that the country is indeed a step ahead in its support for modernisation and digitalisation of currencies.

[Kambal2000]

Maybe add Philippines because here in my country many people start to gaining knowledge about cryptocurrency especially in bitcoin,  and also many crypto currency exchange are developing here in my country. 

And aside from that we have Bitcoin Atm,  and also some stores here already accepting bitcoin as a alternative payment.

Residing in the Philippines does really great for a cryptocurrency enthusiasts, but I can say, bitcoin and cryptocurrency is allowed and is tolerable by government but the fact that its image formed isn't really well since right before, people think about it as investment rather than a daily transaction medium such as a currency. Many falls to scam and pyramids, that is why if we ask an older person what is their thought about bitcoin, they mostly don't like it knowing that computer literacy rate of old people in the Philippines isn't promising plus, the impact of their first impression when they hear what bitcoin is.

I can say, if we try to convince or attract people with bitcoin, we should mainly consider talking to milennials.

That's right, Philippines has been very really positive in terms of crypto industry, that's why we are really thankful for having a crypto friendly country, as we are open here in this kind of industry, the worst part is just that, some people here are taking for granted wherein they are taking it for granted and making crypto scam.

[bgaf]

It is noted that most countries now are beginning to adopt cryptocurrency and blockchain. What I do noticed too is that US keep dissecting some projects outside their territory. Is it legal on your point of view? Some countries also like China seems to be hypocrite, as they criticize hard and ban cryptocurrency activity but later on they persuade their countrymen to explore blockchain and see a potential for growth.

[alexeev.tosha0109@yandex.]

Have you heard about Vanuatu ( small island country located in the South Pacific Ocean)? It was the first citizenship by investment country to offer payment in Bitcoin.