Re: Best Countries for Bitcoin Businesses

What are the best countries in the world to start and run bitcoin businesses? For example, crypto-equity exchanges, bitcoin gambling, sites like purse.io, etc. Are there any like this that welcome these sort of businesses and can these businesses avoid scrutiny from foreign regulators or do they still have to comply with the regulations affecting their customers? Thanks!

Japan suitable for bitcoin businesses. Japan has accepted bitcoin. Bitcoin activity in Japan is legal. This move is the main reason for the strong bitcoin market in Japan. Therefore bitcoin businesses should expand the market to Japan

Japan and Australia are the both countries till now accepting Bitcoin as payment. I think those countries are doing legal business with Bitcoin. I think Bitcoin business will expand to other countries also very soon.

This is the only 2 countries that have so far legalized bitcoin so it makes sense to put up your business in those. Specially Japan, they are now the market leaders in terms of acceptance and trading volumes. However, If my memory serves me right, they have cut tax on crypto specially on bitcoin. So there is no doubt in my mind that opening a business in those 2 countries are very good.