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Wich country is most friendly with Cryptocurrency?

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On 10/28/2020 at 8:15 PM, usamah said:

Yes, I think like your opinion, as Japan is one of the very advanced countries in the industry of robots and Bitcoin is attributed to Satyoshi.

Hey mate, you are right Japan is the most friendly with cryptocurrency, I say japanis satoshi nakamoto make the bitcoin, Now Bitcoin is the most valuable coin in the world.

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Yeah Japan and other Asian countries like Korea and Singapore are really good with crypto and a lot coins and tokens were made in this countries but in my opinion its Georgia cause i heard they really interested in crypto and have crypto atm machine in every where and the government supports crypto.

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Being friendly is something subjective, since for example in countries like those of the third world, basically the government ignores everything related to cryptos, while there are other countries where governments regulate or promote the use of the crypto world, therefore  I think that the friendliest country is Hong Kong.

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China and Japan obviusly. EEUU, Spain and even Rusia are making a lot of laws for BTC and the cryto in general.

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Based on what I've noticed, usually the country that are crypto-friendly are the country that have good technology like they are advance in terms of technology, like Japan, Korea and other First World country, so I think it is because cryptocurrency is the future and as of now the most advance payment system. I hope all country will acknowledge it because it has a lot of potential and has a lot of opportunity to offer to us, like the Venezuela this country if I'm not mistaken was saved by the crypto from the famine or hunger because they have faced high inflation rate.

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Of course mate Japan is the first country that is more friendly with crypto currency while as setting progressive measures that supports this technology and I hope many countries could copy from him.

Edited by George10
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I agree with your opinion. Japan is very open to the idea of crypto, but i also think that many other countries are joining this now and they are being more and more open to crypto. SO in my opinion, in the next few years countries like Japan will be one among the many that will be very friendly with crypto. In fact i have seen that crypto is now widely accepted in Singapore as well and other countries even use it as a means in which you can pay for your passports, which definitely shows the government's support of it. 

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On 11/1/2020 at 2:51 AM, Jromz said:

I guess Japan can be regarded as the most crypto friendly country. They have implemented progressive regulations. In 2017, the government acknowledged the legality of cryptocurrency assets. There is even an association, The Japanese Virtual Currency Exchange Association (JVCEA), integrated by different organizations, they are enabled to pass end enforce regulations for exchanges in Japan. 

 

 

 

i can agree with you that japan is taking progressive steps toward making bitcoin easily accessed and bought but still i dont see many people spike in volume in japan like i see it in china.

Edited by duncun007
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There are many countries which are friendly with crypto but in my opinion japan and china is in top because both are accepting the crypto currencies and they allowed crypto in their countries properly so according to me thus two countries are more friendly

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On 10/28/2020 at 3:15 PM, usamah said:

Yes, I think like your opinion, as Japan is one of the very advanced countries in the industry of robots and Bitcoin is attributed to Satyoshi.

Yes, dear colleague, I agree with you and the answer you provide to this issue and I believe that Japan is a pioneer in Cryptocurrencies as you might suppose since it is one of the most technologically advanced countries.


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i don't know the  most friendly but as you said japan is friendly with it and same goes for UK and recently Germany started to accept crypto since they allowed now ATMs and many other features , maybe they still strict about watching everything about it but this is normal since they don't want it to be used in illegal activities in the country

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I believe that the most friendly country with cryptocurrencies is China since they use cryptocurrencies a lot, it is the country that uses them the most and they buy the most and their country accepts that its members invest in cryptocurrencies.

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On 10/28/2020 at 7:15 PM, usamah said:

Yes, I think like your opinion, as Japan is one of the very advanced countries in the industry of robots and Bitcoin is attributed to Satyoshi.

Mostly countries are using the Crypto currency but Japan is using it openly and the other reason is that the Bitcoin creator is from Japan so that's an honor form them to use the high Priced Digital currency.

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Japan is also best country for crypto currencies but i think china is most favorite country in crypto world because of heavy mining of bitcoin. News from china havily impact on price of market which we see in march during covid.

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In recent times, many currencies have regulated bitcoin, so you don't have to worry about trading them anymore. I think that korea is very friendly towards bitcoin but more countries are now becoming more popular with bitcoin and crypto currencies. An african country Nigeria has a lot of investors and is one of the leading countries with regards to bitcoin. I think it would be a very friendly place 

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It is good to know this and I hope that more countries will be following Japan and become an example of progressive countries that support technological advancement in finances. I hope that decentralized finance will be seen as an opportunity too and adopted as it is not only about how it is used today with farmers and easy money to made by some people but it is a technology that uses smart contracts which can help many countries in their banking and finance sectors. Japan is ahead and is very advanced too but I think that more should follow and do the same.

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I know there are many more that are crypto friendly countries. Japan is the best because of their regulations that accept cryptocurrency use for anything, from payments to investing and have not asked for fees, but always have of course yearly income fees for profits as every nation. Sadly I keep reading about high taxation even on each trade and even when you buy coming from some nations and this is worrying me.

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A large percentage of countries in the world changed their view of cryptocurrencies in the year 2020, and I prefer Russia in which they support small traders.

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Yes, I agree with you that Japan is the most friendly country for cryptocurrency, but also China are also friendly with cryptocurrency because China are in the process of creating their own cryptocurrency. 

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I think that at the present time there is no country that is friendly to cryptocurrencies, but there are countries that are trying to protect their economy from the risks of instability of the price of cryptocurrencies to protect their economy and at the same time take advantage of the advantages of cryptocurrencies and try to integrate the trading and exchange of cryptocurrencies into their traditional economy with caution. In order not to be affected by its economy and to prepare itself for the future because it believes that the future will depend on cryptocurrencies in the global economy to a large extent. And if we see the countries that have begun to rely on these currencies, they are the developed countries such as Japan, China and the United States of America because these countries have a future vibrancy for their economy in the coming years, unlike the third world countries in which there is corruption, backwardness and the lack of infrastructure to use them in the digital economy, so I see The developed countries have realized the importance of cryptocurrencies in the future, and they are now trying to take advantage of that to have a position as a force in the global economy later
 
 
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Some countries are very friendly and besides Japan there is a lot of interest in South Korea, Vietnam, Indonesia, Philippines, Nigeria, Ukraine, Russia and many more countries. The problem is their governments are not supporting this interest and are sometimes blocking access or regulating against crypto.

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In my personal opinion it is japan. I was enthusiastic to hear the same answer from google. There reason I say that japan is more supportive to crypto. The first blockchain, bitcoin was developed by whom it was satoshi nakamoto. His origin is from japan. I have seen in most of the exchange, the withdrawal is easier for Japanese. Like in my country if I want to deposit any fund in some platform it doesn't allow.

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8 hours ago, malik6314193 said:

Japan is also best country for crypto currencies but i think china is most favorite country in crypto world because of heavy mining of bitcoin. News from china havily impact on price of market which we see in march during covid.

japan has tried to regulate the use of bitcoin many times and i read somewhere they even attempted to shut down some exchanges, while china has literally banned crypto twice so far and they stopped miners a while back. so i wouldnt call these 2 countries crypto friendly yet.

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On 24.10.2020 at 01:04, bobjoemega said:

In my opinion, Japan is the most friendly country with cryptocurrency, because it adopted this new technology from the beginning and we didn't hear that this country banned or try to make any obstacles for crypto, even with the hack of MTGOX one of the biggest exchanges at that time,

So my friends are you agree with me? or did you think there are other countries better than japan?

Well, i think the US is the best in it. Most of the crypto tokens creators are from USa so it is kinda best answer for me.

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