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!
Provided under this list are the respective countries:
1. America
2. Canada
3. Australia
4. Japan
5. Singapore
6. India
The reason on why those countries are a suitable place to set-up a bitcoin business is due to the government, accepting its regulation and payment. You can never set-up a business on a country on where they prohibit the utilization of cryptocurrencies in the first place. Second, most of those countries have business establishments that accept bitcoin as an alternative payment. Lastly, due to its constant increase in prices, expect more countries to accept its utilization. Better to start your business now rather than wasting its potential opportunities in terms of price growth.
Source:
https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp