Post
Topic
Board Altcoin Discussion
Re: countries investing in cryptocurrency
by
itssawai
on 23/09/2018, 16:30:31 UTC
Many European countries are building a better framework and system for cryptocurrencies, Japan and Venezuela are also doing great in this field.

Japan is really leading all Asian countries and setting an example for them. It has built regulations and system to support positive uses of cryptocurrencies while cracking down fake and scams.

Venezuela on the other hand, had been an oil-rich country but they are facing a huge economic crisis. To handle this situation, Venezuelan citizens started using cryptocurrencies, which made their govt create its own cryptocurrency called Petro. They are trying it all to overcome their financial crisis.

EU nations like Sweden, Germany, Switzerland etc. are prominent among cryptocurrency support. They are providing various exchanges to traders, Big Swiss banks are supportive of bitcoin and cryptocurrencies. Germany has officially accepted bitcoin as a currency and overall cryptocurrencies are very positive among EU nations.