The Most Bitcoin-Friendly Countries in the World ...

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10-13 06:54 - '7 Bitcoin-Friendly Countries in the World: You should know about your Country' (self.Bitcoin) by /u/aboutcrypto removed from /r/Bitcoin within 0-9min

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[Bitcoin-Friendly Country]1
We all know that Bitcoin is the popular digital currency in the world. It is the first cryptocurrency And many countries are promoting this digital currency & growing its economy.
Here in this article, we will discuss the topmost Bitcoin-Friendly countries in the world. [Let’s Start]2
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7 Bitcoin-Friendly Countries in the World: You should know about your Country
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Author: aboutcrypto
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7 Bitcoin-Friendly Countries in the World: You should know about your Country

7 Bitcoin-Friendly Countries in the World: You should know about your Country

Bitcoin-Friendly Country
We all know that Bitcoin is the popular digital currency in the world. It is the first cryptocurrency And many countries are promoting this digital currency & growing its economy.
Here in this article, we will discuss the topmost Bitcoin-Friendly countries in the world. Let’s Start
submitted by aboutcrypto to Bitcoin [link] [comments]

Bitcoin-Friendly Countries

Bitcoin-Friendly Countries submitted by Stealthex_io to CryptoCurrencyTrading [link] [comments]

Bitcoin-Friendly Countries

Bitcoin-Friendly Countries
Cryptocurrencies are a new asset that appeared only in 2009 with the first decentralized cryptocurrency – Bitcoin. The authorities of most countries haven’t managed yet how to develop its regulation, but there are already those who have introduced a strict prohibition against digital money, and those who have legalized cryptocurrencies in full.
by StealthEX
Today we prepared for you the list of some of the most Bitcoin-Friendly countries, where blockchain technology is closely intertwining with the life of ordinary people.

The United States of America

From the very beginning, the USA has been one of the pioneers of building the crypto-friendly society. Not surprisingly the United States has the largest number of crypto users and the largest number of Bitcoin’s ATMs in the world.
Today a lot of blockchain startups are working in Silicon Valley like BlockCypher, ThunderCore, Blockstream, CipherTrace, Cryptanna, MakerDAO, Coinbase and many others.

Canada

Canada can boast of two cities that are considered as “Bitcoin hubs” Toronto and Vancouver. Cryptocurrency itself is regulated by laws against money laundering and terrorism financing in Canada.
In this country there is a very lively crypto community and many blockchain startups like Decentral, Vanbex Group were launched here. Nowadays thousands of organizations accepting BTC and other cryptocurrencies for payment are located in Canada.

The United Kingdom

The UK is considered one of the world’s leading financial and innovation centers. Therefore, in this country, there are also numerous blockchain-related projects. The United Kingdom is sure that the popularization of a new payment solution is inevitable and now preparing for the massive adoption of cryptocurrencies. Nowadays you can easily order a pint of beer in some local pubs and pay for it using BTC.
Moreover, the Bank of England is closely monitoring cryptocurrency technologies and even asked the public to put forward ideas on how to improve their monetary constitution. Currently, Bitcoin is regarded as “private money”, where VAT is collected in the usual way from suppliers of any goods or services sold.

Netherlands

This country can be proud not only for being Bitcoin-friendly but also for having its own “Bitcoin City” called Arnhem. Here, almost everything can be purchased using crypto coins, including gas, housing, bicycles, and even dental services.
At the legislative level, cryptocurrencies are not yet regulated in accordance with the Dutch Financial Supervision Act, and as a result, numerous blockchain startups and even the Bitcoin Embassy in the center of Amsterdam have occurred.
In addition, the country’s banking sector, including ABN AMRO Bank and ING, is increasingly considering blockchain technology as a way to improve their own system and reduce costs. Netherlands is a regular participant in conferences regarding the development of Bitcoin.

Japan

Many people believe that this is the birthplace of the famous Satoshi Nakamoto – the creator of Bitcoin. The country is the first and only one that has a proper legal system regulating the trade in digital currencies.
Moreover, the authorities of this country are considering launching Japan’s own national cryptocurrency – digital Yen. Today Japan is of the largest cryptocurrency market.

Malta

In February 2018, the Government of Malta decided to support blockchain-related projects, cryptocurrencies, and ICOs. That’s why many companies are considering moving to this paradise blockchain-island. At the same time, Malta is one of the leaders in online gaming and there are many implemented projects that connect blockchain technology with the gaming industry.

Sweden

Sweden is among countries that want to eliminate paper money in favor of 100% digital currency. The Swedish Financial Supervisory Authority (Finansinspektionen) has legitimized the fast-growing crypto industry by publicly announcing Bitcoin (and other cryptocurrencies) as a means of payment.
Sweden is home to numerous blockchain-based startups, including Safello, Starflow, Norbloc, Strawpay.

Switzerland

Historically, Switzerland has always been famous for the level of its banking system and banking secrecy, so it is not surprising that the authorities of this country didn’t prohibit the circulation of digital currencies.
This country has become a kind of “tax haven” for cryptocurrencies. That’s why many blockchain startups started here and organize the headquarters of their business.

Estonia

This small country is also open to innovative technologies. The government implemented blockchain technology to the healthcare system, banking services and even management, allowing its citizens to be among the first to use municipal and state services via the Internet. With one of the highest levels of Internet penetration in the world, Estonia has a good opportunity to become cryptocurrency capital of Europe.
All the listed countries have demonstrated their hospitality to cryptocurrencies. But of course this is not the comprehensive list and as the crypto community will continue to grow the more countries will be ready to use the advantages of blockchain technology.
We will be delighted to know your thoughts on Bitcoin-friendly countries.
Hit your comments below.
Original article was posted on https://stealthex.io/blog/2020/05/22/bitcoin-friendly-countries/
submitted by Stealthex_io to u/Stealthex_io [link] [comments]

Japan May Just Be the Most Bitcoin-friendly Country in Asia

Japan May Just Be the Most Bitcoin-friendly Country in Asia submitted by bitnewsbot to bitnewsbot [link] [comments]

What are bitcoin friendly countries?

Some countries banned bitcoin and some countries legalized it. What are some other countries that are on their way of making bitcoin legal for their citizens?
submitted by lucy9417 to BitcoinBeginners [link] [comments]

The Most Bitcoin-Friendly Countries in the World

The Most Bitcoin-Friendly Countries in the World submitted by Ranzware to BitNewsLive [link] [comments]

The most Bitcoin friendly countries - Cryptofonia

The most Bitcoin friendly countries - Cryptofonia submitted by cryptofonia to u/cryptofonia [link] [comments]

Europe Now Has More Bitcoin-Friendly Countries

Europe Now Has More Bitcoin-Friendly Countries submitted by coinnewseurope to BitcoinInternational [link] [comments]

Currently, what are the most bitcoin friendly countries out there ?

Friendly in the sense of countries that are not trying to ban or complicate people’s access to the coin or even if there’s any that is actually embracing it.
Thanks!
submitted by nivlak0 to Bitcoin [link] [comments]

7 Bitcoin-Friendly Countries That Love Cryptocurrency Investments

7 Bitcoin-Friendly Countries That Love Cryptocurrency Investments submitted by Birrency to Birrency [link] [comments]

[/r/Bittoria] Facts about Crypto - Estonia is among the most Bitcoin-friendly countries in the world. The first Bitcoin ATM of Estonia opened in the city of Tallin in 2015.

submitted by EestiMentioned to EestiMentioned [link] [comments]

Europe Now Has More Bitcoin-Friendly Countries

Europe Now Has More Bitcoin-Friendly Countries submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Complete List - Bitcoin Friendly Countries for Cryptocurrency Businesses in 2018

Complete List - Bitcoin Friendly Countries for Cryptocurrency Businesses in 2018 submitted by jbuuuush to Bitcoin [link] [comments]

7 Bitcoin-Friendly Countries That Love Cryptocurrency Investments

7 Bitcoin-Friendly Countries That Love Cryptocurrency Investments submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

7 Bitcoin-Friendly Countries That Welcome Cryptocurrency Investments – The Fintech Times

7 Bitcoin-Friendly Countries That Welcome Cryptocurrency Investments – The Fintech Times submitted by bitnewsbot to bitnewsbot [link] [comments]

Canada, The Extremely Bitcoin Friendly Country

Canada, The Extremely Bitcoin Friendly Country submitted by Blawpaw to Bitcoin [link] [comments]

Complete List of Bitcoin Friendly Countries for Cryptocurrency Businesses in 2018

Complete List of Bitcoin Friendly Countries for Cryptocurrency Businesses in 2018 submitted by CoinBriefBot to CoinBrief [link] [comments]

Complete List - Bitcoin Friendly Countries for Cryptocurrency Businesses in 2018

Complete List - Bitcoin Friendly Countries for Cryptocurrency Businesses in 2018 submitted by SimilarAdvantage to BitcoinAll [link] [comments]

The US ranked as 22nd most bitcoin-friendly country

The US ranked as 22nd most bitcoin-friendly country submitted by PusheendaLimits to Bitcoin [link] [comments]

What are bitcoin friendly countries? /r/BitcoinBeginners

What are bitcoin friendly countries? /BitcoinBeginners submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

World’s Top 5 Bitcoin-Friendly Countries

World’s Top 5 Bitcoin-Friendly Countries submitted by cryptomux to u/cryptomux [link] [comments]

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Imagine a country where everything new in the digital world is not only tested but implemented. Bitcoin.com is proud to present a list of the ten most Bitcoin-friendly countries in the world ... Bitcoin has remained on the throne and it is the one that is the most popular and most traded amongst the cryptocurrencies. Different countries have different regulations and are more or less friendly towards the users of cryptocurrencies in terms of digging, making trades, and usage in general. We have done some digging and made a list of the friendliest ones, so be sure to look into it. In general, the country boasts a low-tax environment for businesses and many bitcoin service startups are already based in Switzerland. The country’s tax regulator considers cryptocurrencies to ... A Complete List of Bitcoin Friendly Countries. By: Steven Hay Last updated: 7/24/20 In this post I will review which countries are friendly towards Bitcoin via their tax policy and their government stance. For each country I’ll try to supply as much reference and information as I could possibly find around the web. With this, we hope to provide a little more clarity on which countries around the world are Bitcoin-friendly. Bitcoin Welcome Here Japan. Japan is known for being the world’s most progressive regulatory climate for cryptocurrencies. Cryptocurrency exchange businesses are regulated and required to obtain a license from Japan’s Financial Service Agency. Exchanges are obligated to verify ...

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TOP 3 BITCOIN FRIENDLY COUNTRIES - BITCOIN BREAKING RESISTANCE

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