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As we know, the friendly regulation on anything is the welcome move. However, the legal and policy landscape surrounding crypto industry has grown with the awareness of crypto industry across the world. With the 10 years of journey, crypto and blockchain technology aren’t restricted to “financial industry’, it has matured widely across all industries.
But, alas, every rose has its thorn, many bad actors have attempted to use crypto sector to fund their malign behavior. This doesn’t mean one should forget the fragrance that the rose carries with it. Henceforth regulators from a couple of countries are encouraging crypto as a revolutionizing trend and futuristic move with the friendly regulations that eventually curb the attempt of bad players manipulating the crypto sector. On the other hand, few countries avoid the fragrance of the rose just because it accompanies by thorns.
Having said, we begin a Twitter thread with the list of countries that support friendly crypto regulations and also request community members to add if they’re familiar with other countries featuring the friendly regulations for bitcoin and cryptocurrencies.
The list of countries supporting bitcoin-friendly regulations goes here, including those that contributed by the community.
- Singapore
- Switzerland
- Malta
- Australia
- Japan
- Canada
- Bermuda
- Gibraltar
- Slovenia
- Estonia
- Hong Kong
- Germany
- Belarus
- Georgia
- Colombia - slowly moving***
- Venezuela
- Philippines
- Thailand
- South Korea
- Portugal
- New Zealand
If you know other countries supporting bitcoin-friendly regulations, comment below or comment on Twitter here