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[Symmetrick]

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[yudi09]

The utilization of crypto carried out by Germany in the banking industry. Germany also issued a policy on taxes that long-term profits are not charged.

Germany became the first country to adopt a blockchain strategy to harness the potential of technology to advance digital transformation.

A fairly good use of crypto by the country of origin of the European continent if we see that many companies in Germany are also supported by C3 operators and investors to reduce emissions. I think this is an enviable move by other countries.

[ingiltere]

Germany at the top seems fair but I'm surprised that USA is the second on the list. I guess it differs from state to state, some are more hostile to Bitcoin and some are more friendly. In overall it has high regulation and proliferation score, well financial services is obviously at the highest point.
Türkiye in number 37, could be worse. There is no regulation yet but some bans on services. Still it has a big market and two giant trading companies, high public interest. That probably give more points. It may look different from the outside, I thought it was worse as I live there. I wouldn't call this government crypto-friendly at all though.

[Rruchi man]

It is both nice and disappointing to see that Nigeria is on the list at number 39, the second African country after South Africa. I feel we could have been higher up in the list with our very high crypto involvement had our government not made the environment less friendly with unnecessary regulations and sanctions threatened for those involved in crypto. Not for so long though, i believe that in a couple years, a new government must have take power and hopefully a better favourably crypto environment will flourish, Nigeria should be amongst the first twenty.

[Moneyprism]

i'm a little surprised why Indonesia is not included in this list? even though most people here have started investing a lot in cryptocurrencies, even at the end of this year the central bank here plans to issue crypto trading regulations because more and more people are transacting using crypto.

[jrrsparkles]

i'm a little surprised why Indonesia is not included in this list? even though most people here have started investing a lot in cryptocurrencies, even at the end of this year the central bank here plans to issue crypto trading regulations because more and more people are transacting using crypto.

But they are yet to implement any regulations at all just like lot other countries so they have been excluded from the list, its surprising to see El Salvador at 35 but its the country which accepted bitcoin as a legal tender and it seems the only country which regulated in that way. Anyway this gives some insight that governments are adopting to the system and make the potential out of it.

[Jemzx00]

i'm a little surprised why Indonesia is not included in this list? even though most people here have started investing a lot in cryptocurrencies, even at the end of this year the central bank here plans to issue crypto trading regulations because more and more people are transacting using crypto.

But they are yet to implement any regulations at all just like lot other countries so they have been excluded from the list, its surprising to see El Salvador at 35 but its the country which accepted bitcoin as a legal tender and it seems the only country which regulated in that way. Anyway this gives some insight that governments are adopting to the system and make the potential out of it.

Probably the reason why Indonesia and other countries are not included in this list is because there is no data collected on these countries.

Anyways, I am quite surprised why El Salvador is only at rank 35, right next to my country Philippines. El Salvador has already accepted bitcoin as a legal tender yet it is only ranked at 35. Philippines hasn't implemented any regulations on cryptocurrency but there is also no limit or restrictions made on it which is why most Filipino are able to use bitcoin and other cryptocurrency so freely.

[DVlog]

The utilization of crypto carried out by Germany in the banking industry. Germany also issued a policy on taxes that long-term profits are not charged.

Germany became the first country to adopt a blockchain strategy to harness the potential of technology to advance digital transformation.

A fairly good use of crypto by the country of origin of the European continent if we see that many companies in Germany are also supported by C3 operators and investors to reduce emissions. I think this is an enviable move by other countries.

Their efforts should be appreciated and other developed countries should take the necessary steps to follow Germany's footprint toward a cashless society. Inflation destroying our economy and the inequality between rich and poor becoming more noticeable. The sovereignty of the USD as world one of the leading currencies for international trade should be demolished because of the misuse of the USA money printing machine.

[Fivestar4everMVP]

It is both nice and disappointing to see that Nigeria is on the list at number 39, the second African country after South Africa. I feel we could have been higher up in the list with our very high crypto involvement had our government not made the environment less friendly with unnecessary regulations and sanctions threatened for those involved in crypto. Not for so long though, i believe that in a couple years, a new government must have take power and hopefully a better favourably crypto environment will flourish, Nigeria should be amongst the first twenty.

In the terms of this statistics, i can agree with you that the Nigerian government stance on crypto is probably the reason why Nigeria is rank far behind in the position of 39th.
But if we should speak in terms of reality, i did tell you that Nigerian government banning crypto transactions in Nigeria was a blessing in disguise  for crypto adoption in the country, a lot of people didn't know what crypto was until the ban, the ban was indirectly a form of marketing for crypto, i am tell you this from my experience, i currently have some new crypto buddies who said, they never knew what Bitcoin or crypto was, though they have been hearing the name, they said they decided to really know what crypto was after the ban was announce, and today, they are almost pro crypto traders and investors.

[348Judah]

Germany at the top seems fair but I'm surprised that USA is the second on the list

I also got surprised as well seing US as the second on list, what now keep me wondering is if there's no any African countries at all who is crypto friendly from the continent, or maybe we should analyze it this way on what exactly it was meant, is it the country regulation or by adoption of cryptocurrency in general, or the rate at which the citizens participate from each country amidst ban from governments.

[BIT-BENDER]

I don’t know if anyone has asked the very pressing question on why isn’t El-Salvador on this list, this country has taking giant steps in seeing that Bitcoin is fast adopted by its citizens, I believe this statistic the OP is implying are those of the number of citizens actively using Crypto-currency, El-Salvador is a small country and a developing one at that so they won’t match those top countries regardless of their government stands towards crypto-curreny.

[goaldigger]

I don’t know if anyone has asked the very pressing question on why isn’t El-Salvador on this list, this country has taking giant steps in seeing that Bitcoin is fast adopted by its citizens, I believe this statistic the OP is implying are those of the number of citizens actively using Crypto-currency, El-Salvador is a small country and a developing one at that so they won’t match those top countries regardless of their government stands towards crypto-curreny.

El Salvador makes a good regulations with regards to Bitcoin adoption, its just that this topic tackles every field starting from the regulations up to the adoption of people and using it from day to day basis. The countries on a top list are very friendly since many establishments acknowledge Cryptocurrency and in El Salvador, they are just starting with this one. My country is not on the list as well but I can tell that we are also a crypto friendly, its just that many people are still hesitant to adopt.

[edgycorner]

At the moment, the top 10 most crypto-friendly countries:
...

• Netherlands

....

Is Netherlands a GOAT country to live in?

This country is in Top 10 on every list(even Rule of law list https://worldjusticeproject.org/sites/default/files/images/2020/top-bottom-performers_cropped.png, which is a huge plus). Legal weed too  

[xSkylarx]

El Salvador makes a good regulations with regards to Bitcoin adoption, its just that this topic tackles every field starting from the regulations up to the adoption of people and using it from day to day basis. The countries on a top list are very friendly since many establishments acknowledge Cryptocurrency and in El Salvador, they are just starting with this one. My country is not on the list as well but I can tell that we are also a crypto friendly, its just that many people are still hesitant to adopt.

I'm also surprised that Japan isn't on the list even though they are one of the most advance country in terms of technology. But I think criteria for choosing crypto-friendly economy on OP is for countries where their government acknowledge the use crypto as a form currency or investment and people there are more educated about it. Even if the country that we live is not on the list, the OP is already a good start that other countries will adopt cryptocurrencies soon.

[cryptomaniac_xxx]

El Salvador makes a good regulations with regards to Bitcoin adoption, its just that this topic tackles every field starting from the regulations up to the adoption of people and using it from day to day basis. The countries on a top list are very friendly since many establishments acknowledge Cryptocurrency and in El Salvador, they are just starting with this one. My country is not on the list as well but I can tell that we are also a crypto friendly, its just that many people are still hesitant to adopt.

I'm also surprised that Japan isn't on the list even though they are one of the most advance country in terms of technology. But I think criteria for choosing crypto-friendly economy on OP is for countries where their government acknowledge the use crypto as a form currency or investment and people there are more educated about it. Even if the country that we live is not on the list, the OP is already a good start that other countries will adopt cryptocurrencies soon.

South Korea too, but it's good that at least two Southeast Asian country made it to the list as they are trying to become a hub at least in the region.

As for Germany, no surprise, since 2017- there have been an explosion, online merchants accepting crypto, Bitcoin ATM numbers multiplying and others. Portugal and France though, I haven't heard any news coming from them as far as being crypto friendlies, but I might be wrong.

[Despairo]

The data they collected seems like a joke, how can El Salvador and Central African Republic who accept Bitcoin as a legal tender aren't a crypto friendly lol. The fact they're encourage more Bitcoin adoption since their government already suggest people to use Bitcoin and their wallet, also all businessman already accept Bitcoin as an alternative payment. If those both countries aren't friendly to crypto, there's no way in the hell they will accept as legal tender.

[Lucius]

The data they collected seems like a joke, how can El Salvador and Central African Republic who accept Bitcoin as a legal tender aren't a crypto friendly lol.

The research obviously had some other criteria than that Bitcoin is legal tender in a country as an important feature when it comes to the status of a crypto-friendly country. Obviously, more focus is being devoted to the overall status according to crypto laws and adaptation, probably also security when it comes to investing.

There is no data for my country at all, although in any case it could be considered quite crypto-friendly considering the number of physical crypto exchanges without KYC for amounts up to even 2000 EUR per transaction, 0% tax if you sell crypto 2 years after purchase and the fact that you can buy almost anything you can imagine with Bitcoin (online).

[so98nn]

I am not sure if that is the list by its number and dominance or its just randomly placed but I do feel that Switzerland will top all countries soon considering they are famous for their Swiss account and money laundering. Lolz. The Swiss must making huge plans for the same and will surprise us sooner or later. ;-)

I dint know Germany is also crypto friendly. Its interesting. USA is really mixed one and messed up one considering they are having some countries with opposite thoughts with crypto and some are way friendly!

[Moneyprism]

i'm a little surprised why Indonesia is not included in this list? even though most people here have started investing a lot in cryptocurrencies, even at the end of this year the central bank here plans to issue crypto trading regulations because more and more people are transacting using crypto.

But they are yet to implement any regulations at all just like lot other countries so they have been excluded from the list, its surprising to see El Salvador at 35 but its the country which accepted bitcoin as a legal tender and it seems the only country which regulated in that way. Anyway this gives some insight that governments are adopting to the system and make the potential out of it.

yeah I think that's a strong reason why Indonesia is not included in the list ... but according to Gemini, Indonesia is one of the countries with the largest number of crypto adopters in the world, you can see it in this article https://jakartaglobe.id/business/indonesia-enjoys-the-highest-crypto-adoption-rate-worldwide-study

[stompix]

It is both nice and disappointing to see that Nigeria is on the list at number 39, the second African country after South Africa.

Since in the whole ranking there are only two countries, I don't see the nice part at all.

The data they collected seems like a joke, how can El Salvador and Central African Republic who accept Bitcoin as a legal tender aren't a crypto friendly lol. The fact they're encourage more Bitcoin adoption since their government already suggest people to use Bitcoin and their wallet, also all businessman already accept Bitcoin as an alternative payment.

Because when you do a ranking you don't just laser eyes, bukele buy the dip and that's all, you need the complete environment for it.
If Salvador was so bitcoin-friendly and much more than any other country, can you please let us know what major companies have moved from Europe and US to Salvador in order to take advantage of this friendliness?
Since the answer is, none, you have your own answer there as well.

Anyhow, now that Adolf Putler has signed the ban on crypto as payments for goods and services, does it mean we have a new number 56, instead of 17?