Quote from: ahmedsamir on Today at 09:31:05 AM

Dears,

what is your recommendation about the countries that accept crypto business on it's land?

thanks

Quote from: Harlot on Today at 12:27:43 PM

Quote from: Maus0728 on Today at 10:00:45 AM

Anyhow, I'll just leave a link that contains countries where bitcoin is legal.
[1] https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp

I don't know how accurate this article is but this is simply has an incorrect information about China.

Quote from: https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp

China
Bitcoin is essentially banned in China. All banks and other financial institutions like payment processors are prohibited from transacting or dealing in Bitcoin. Cryptocurrency exchanges are banned.16 The government has cracked down on miners.

Surprisingly Investopedia has a wrong information with regards to China that is why I think some of their information of the article are also not reliable as well. Crypto is Illegal on popular belief but the truth is cryptocurrency might even be considered as a crypto-friendly country. China is home for two of the top crypto exchange by volume namely Huobi and OkEX that operates locally in China. Aside from that China is also home for mining rig manufacturers such as Bitmain not to mention China also has a lot of mining pools contributing the total mining power for Bitcoin. For the OP I suggest that if you are targeting a country the best thing you can do is to do your own research as well as asking the locals for their knowledge about the situation.

@Harlot China has changed their stance on bitcoins multiple times in the past, and hence the author of this article may not have updated it with the latest information, and therefore there’s mismatch between the current information and this article's contents. @ahmedsamir I would recommend you to start your crypto business in Japan, if you’re comfortable with the prevailing crypto law out there.

Sources:

https://news.bitcoin.com/japan-changes-cryptocurrency-regulation/

https://www.ccn.com/bitcoin-miners-flee-china-iran/

https://www.forbes.com/sites/kenrapoza/2017/10/18/chinas-blockchain-bitcoin-ban-no-match-for-stateless-cryptocurrency-market/#641d1db42de6

https://www.cnbc.com/2019/10/28/bitcoin-btc-price-climbs-as-chinas-xi-jinping-embraces-blockchain.html