The World’s Most Crypto-friendly Countries

[Baby Dragon]

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.

It's the reason why people never change their perspective regarding cryptocurrency, they are still looking on it's negative side because of those people who take advantage of that opportunity to deceive others and the one who ruins the reputation of cryptocurrency. No wonder why many of them are still in doubt, they are afraid to be victimized by those kind of people. I can't blame them but still they should also see the positive side of cryptocurrency, they don't need to judge it based on what they heard or have seen about it. Well it's great to see that the adoption of cryptocurrency in the Philippines is improving despite of that kind of incident, I just hope that those deceiver will realize how they made a huge negative impact on other people's way of thinking.

[gweedo]

I don't know where else in the world, but if in Asia I think Malaysia is a favored nation using cryptocurrency, I see hundreds of projects created in Malaysia and their governments also very supportive. much. This year they will use cryptocurrency instead of cash

[nickenburg]

I think The Netherlands is missing out on that list, because there are many shops online and retail that are already accepting multiple cryptocurrency's
And we have a lot of the Bitcoin Atm's In the Netherands.
Also we have really good ways of buying Bitcoin and other Crypto's like ethereum or more with our own Online banking system Ideal, Those cryptotraders are already operation for a very long time and are registered with the Chamber of Commerce.

You can easily buy and sell your crypto there and they dont charge insane fees!

[tianglistrik]

I don't know where else in the world, but if in Asia I think Malaysia is a favored nation using cryptocurrency, I see hundreds of projects created in Malaysia and their governments also very supportive. much. This year they will use cryptocurrency instead of cash

I also read news about the development of the crypto industry in Malaysia, which I know the government there is still doing research on this technology and also indeed many development projects originating from the country. and for countries on other continents I have not gotten enough information.

[mahilchii]

Also Estonia as well, they are very Friendly when it comes to crypto currency. A lot of asian people's live their and doing crypto projects, actually they are very fast and easy also open for crypto.  If you want to run a project flew to Estonia and get license from the government and move on, if you are all set to make a successful project with a friendly nature.

[target]

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.

Here is the link I found in the Philippines local forum https://www.manilatimes.net/2020/01/21/business/business-top/sec-readies-rules-for-cryptocurrencies/676170/?fbclid=IwAR0u3YB91gPFFhZ41nYvW2a6KZotHv1_Y3mqYuWgoAgbyDzjVnEyCGSr_K8

It usually is a positive sign when SEC sets rules for crypto but its also not good for someone who had a lot of crypto. I am from Philippines and coins.ph is just one good source of information for SEC to scrutinize. Philippines could be a crypto-friendly country but there might not be an escape for rich traders to pay huge taxes.

[Pinkris128]

Good to know that there are countries that are crypto-friendly, so i assume that most people in their country are using and buying cryptocurrency for their daily lives. It could also have a huge impact in the crypto market because other countries would copy them, so more people will buy or invest their funds in crypto.

[TastyChillySauce00]

I don't know where else in the world, but if in Asia I think Malaysia is a favored nation using cryptocurrency, I see hundreds of projects created in Malaysia and their governments also very supportive. much. This year they will use cryptocurrency instead of cash

Malaysia could be called crypto friendly but most of the project I've seen that could somehow "succeed" usually originates from singapore. Though, it's undeniable fact that a developing country more specifically malaysia which about to be categorized among high income country have much more opportunities than a country with developed economy. in term of friendliness, I'd call both of them equal.

[tavernakava]

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.

Great article and shows that the world is changing to crypto, still a long way to go.

Also thanks for sharing the blogging platform, i've signed up and started earn BAT, it's a great starting point for people who are looking for a way to earn crypto. You can sign up through the article in this thread.

[shadowdio]

I'm not surprised if my country is not on the list of the crypto friendly countries because some people think cryptos are scam. Only few people knows about cryptos. Japan is really crypto friendly because the government are very supportive of cryptos especially bitcoin.

[calandra78]

I'm not surprised if my country is not on the list of the crypto friendly countries because some people think cryptos are scam. Only few people knows about cryptos. Japan is really crypto friendly because the government are very supportive of cryptos especially bitcoin.

government support is indeed very important. and Japan has shown they support a renewal of the currency in the future. other countries should also prepare themselves for this if they want to continue to develop with the times.

[ololajulo]

Asia is the most regulated and controlled environment for cryptocurrency, however, the population is a good target for the technology. There have been a lot of renewed adoption process starting from crypto to fiat project. As the most important position of adoption seeing WAzir project from India gladdens my heart. I believe if the highest of the population from the region change their position it will be easy for others to follow suit. Imagine the fund and population from China, India, Philippines, Pakistan and Indonesia in crypto

[Ridwan Fauzi]

I'm not surprised if my country is not on the list of the crypto friendly countries because some people think cryptos are scam. Only few people knows about cryptos. Japan is really crypto friendly because the government are very supportive of cryptos especially bitcoin.

That is your job to convince the people in your country to trust bitcoin is not scam. At least you have to convince the people who close to you, such as your friend, your neighbor or even your wife/family.

Other that that, if you see on google search and you write what bitcoin is then the result will not about the negative thing anymore. Many people there have been writing an useful article how useful bitcoin for.

So, you will be easy to explain about bitcoin. Just give a fact about bitcoin in your experience. Because bitcoin is not about money only, you can make it as your side income and you can give then a proof then I'm sure they will believe it. it's just that you have to be patient to make them understand.

[Blackdeath]

I'm not surprised if my country is not on the list of the crypto friendly countries because some people think cryptos are scam. Only few people knows about cryptos. Japan is really crypto friendly because the government are very supportive of cryptos especially bitcoin.

That is your job to convince the people in your country to trust bitcoin is not scam. At least you have to convince the people who close to you, such as your friend, your neighbor or even your wife/family.

Other that that, if you see on google search and you write what bitcoin is then the result will not about the negative thing anymore. Many people there have been writing an useful article how useful bitcoin for.

So, you will be easy to explain about bitcoin. Just give a fact about bitcoin in your experience. Because bitcoin is not about money only, you can make it as your side income and you can give then a proof then I'm sure they will believe it. it's just that you have to be patient to make them understand.

In my own opinion, even there are already positive articles about bitcoin, not everyone can be convince and persuade by these articles because some people will always depends on the opinions of other people that they assumed that all of those articles are just for endorsement. That is why it will be better if we just show to other people that we wanted to convince about bitcoin is by showing the real benefits and purpose of having bitcoin and other cryptocurrency.

[FanEagle]

I don't know where else in the world, but if in Asia I think Malaysia is a favored nation using cryptocurrency, I see hundreds of projects created in Malaysia and their governments also very supportive. much. This year they will use cryptocurrency instead of cash

Malaysia could be called crypto friendly but most of the project I've seen that could somehow "succeed" usually originates from singapore. Though, it's undeniable fact that a developing country more specifically malaysia which about to be categorized among high income country have much more opportunities than a country with developed economy. in term of friendliness, I'd call both of them equal.

There would be no doubt in calling both the countries as crypro-friendly. Even I went through a number or projects who were originated from Singapore and yes, maximum of those projects succeeds and that's what keeps me loving Singapore.

Singapore is even a technology driven country which allows most of their citizens to circulate the digital assets like bitcoins and even they do support a number of startups which we commonly call ICO or IEO and these projects land up in success only because of the huge support from their country. Once, any nations starts regulating the cryptocurrencies, they also start literating their citizens about the same which would indeed create a awareness among the people.

[davinchi]

Before opening the article, I had few names in my mind and I am grateful to see those countries in the article. Japan is the first you mentioned on your article and it is actually appropriate because japan really keeps showing us immense growth and movement towards the decentralized investment assets like bitcoins or any other cryptocurrency.

Apart from that, there were rumors that Japan is planning to launch its own coin in few coming months after china decided to launch their own coin. I am actually jaded not to see china on the list? Why did you skip China? I think, also china might be among the countries who are showing us immense growth towards the crypto currencies.

[sorrros]

The most important things are: relatively free regulations and low taxes. Thats why Switzerland or Malta is home to the most blockchain companies. While most of EU countries have high taxes and that could be a problem in the future because they loose an opportunity to become blockchain superpower.

[pikkie]

Before opening the article, I had few names in my mind and I am grateful to see those countries in the article. Japan is the first you mentioned on your article and it is actually appropriate because japan really keeps showing us immense growth and movement towards the decentralized investment assets like bitcoins or any other cryptocurrency.

Apart from that, there were rumors that Japan is planning to launch its own coin in few coming months after china decided to launch their own coin. I am actually jaded not to see china on the list? Why did you skip China? I think, also china might be among the countries who are showing us immense growth towards the crypto currencies.

I have also read several articles that in Japan and China they have a very large mining company so that there can be said to be the center of cryptocurrency and in my opinion it has become a normal thing because in Japan really appreciate various technologies such as blockchian and bitcoin today.

[Reid]

Well, that is a better way for referral links rather than just busting in and posting links for earning more BAT.
At least do some good thing right?

Japan is where I really want to live.
I think most crypto enthusiast will agree with me on that. It like heaven for those who really supports an active payment using crypto specially bitcoin.
But that is difficult since they are strict with their rules.

If only merchants have a better understanding about crypto then the government might really think about accepting it.

[Rosilito]

Before opening the article, I had few names in my mind and I am grateful to see those countries in the article. Japan is the first you mentioned on your article and it is actually appropriate because japan really keeps showing us immense growth and movement towards the decentralized investment assets like bitcoins or any other cryptocurrency.

Apart from that, there were rumors that Japan is planning to launch its own coin in few coming months after china decided to launch their own coin. I am actually jaded not to see china on the list? Why did you skip China? I think, also china might be among the countries who are showing us immense growth towards the crypto currencies.

I have also read several articles that in Japan and China they have a very large mining company so that there can be said to be the center of cryptocurrency and in my opinion it has become a normal thing because in Japan really appreciate various technologies such as blockchian and bitcoin today.

Agree, China, however had been hostile to crypto space way back then, but still it played a big part in crypto space. Better to include China here though. On the other hand, Japan is indeniably, the top among them all. Japan been recognized to be a bg fan of technologies, and run among the top advance countries. And I think, if there were some improvement, innovations or some great inventions like crypto and blockchain, Japan would always in the list.