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The most active Bitcoin user countries

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Most Bitcoin User Countries:


1. United States of America

the first largest bitcoin user country is the United States. 32% of users and investments in bitcoin are made by citizens of the United States or those who are domiciled in the country. These investments include trading, wallet, payments and bitcoin mining. A report from Boston Federal revealed that of digital currency owners (cryptocurrency) in the United States chose bitcoin as a 12-month transaction tool throughout 2016. While 46% of users who invested in Coinbase / ARK used bitcoin as a transaction tool at least once a year. Bitcoin is trying to become a normal payment system in the United States. However, there are still many media and markets that cannot accept cryptocurrency as a payment tool in buying and selling activities. This is because the value of cryptocurrency can fluctuate and change very quickly depending on the supply and demand.


2. China

The people of this bamboo curtain country invest as much as 29% of the total bitcoin investment in the whole world. China is a country that has the biggest impact on the bitcoin market because it has the most exchanges and also a country that has intelligent technology. China is the country that has the largest bitcoin miner in the world. Cryptocurrency wallet has increased from 5.8 million to 11.5 million which is currently active and working in China. Bitcoin miners get bitcoin through digital transactions and China has many bitcoin miners because service providers provide security for transactions and validation of these activities.


3. England

Britain is in the third position which invests the most money into bitcoin, which is as much as 16% of the total investment in bitcoin.


4. South Korea

Bitcoin users in South Korea are not too many, but users in this country have a significant impact on the value of bitcoin. Suadh remittance companies start using and mining bitcoin on a large scale which certainly has a significant impact on the value of bitcoin.


The use of bitcoin currently still requires an official license from the government in various countries so that it can be used properly as a transaction tool. 52% of the small exchanges and 35% of the major Bitcoin exchanges already have a usage license from the government, while the rest do not have an official license from the government. It is hoped that in the future rules and regulations regarding bitcoin can be truly regulated so that no party feels disadvantaged @ BPI


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#1 - February 09, 2019, 02:47:37 AM

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5 Crypto-Friendly Countries to Base Your Business

Choosing the best country to set up a business is age, and especially so for crypto companies. As for governments around the world to learn more about cryptocencies and elect to either crack down on them or allow them to flourish, some jurisdiction emerged as being better than others for launching a crypto startup.

Take Time Choosing Where to Base Your Business

Many governments are still deciding what to do with cryptocurrency. The company is openly hostile. If you're planning to launch a crypto-related business, it makes sense to study the regulatory framework and government policy in a number of jurisdictions before reaching a decision.

Do you want to set up a business in a country that has historically had low taxation? If the country is considered receptive to cryptography, will you still be able to attract investors? Companies that will support your business? These are all things that should be considered before setting up a shop. The following are the most friendly countries that have their attributes and are worthy of consideration before you settle on your HQ.
#2 - February 09, 2019, 03:43:00 AM

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USA: Booming Bets Now

US. this is not surprising is the nest of crypto companies. Many crypto digital currency exchanges, prison providers, wallet developers, and miners operate from the US and the government works to create a clearer legal framework for crypto-related businesses. Policies vary from one country to another, and while taxation guidelines in the US are generally unclear, in December MPs submit bills for making tax exemptions for certain crypto currency transactions. The cryptocurrency community in the US is growing and technology is slowly entering the mainstream. For example, Ohio last year allowed companies in the state to pay various taxes, from tobacco sales taxes to employee deduction taxes, to bitcoin.

Switzerland: Established and Safe

Switzerland has long been a country that is friendly to crypto. His government has been open to the idea of cryptocurrency, prompting the crypto startup to set up shop there, and in December announced a new legislative approach to the blockchain. Swiss tax rates are also attractive. In general, this country offers a low tax environment for businesses and many bitcoin service startups are based in Switzerland. The state tax regulator considers cryptocurrency as an asset, subject to a property tax that must be stated in annual returns. A 2018 report states that 50 top cryptocurrency and related blockchain companies in Switzerland's "Crypto Valley" are worth $ 44 billion. The Bitcoin ATM maker, Lamassu, moved to Switzerland because of problems with maintaining bank accounts elsewhere and has been able to develop in a landlocked country progressively. And with some of the best universities in Europe, including the École polytechnique fédérale de Lausanne, which hosts the innovation park, there are many talents to choose from.



Japan: Ahead of the Game

With the number of crypto companies in Japan growing in December seeing 190 companies expressing their intention to enter the market - a country that understands technology is the ideal jurisdiction to establish a cryptocurrency business. The island nation has a booming bitcoin and cryptocurrency industry and is one of the first and only countries to recognize cryptocurrency in its legal system. Adoption also developed in this country, with many businesses, restaurants and cafes receiving crypto for payments compared to other countries and jurisdictions in this list. Last year, the country's Financial Services Agency published a draft new cryptocurrency regulatory report. The country also allowed 16 of the largest crypto exchanges in the country to build an independent regulatory body. This step shows how Japan excels in terms of regulation and enables crypto companies to develop. As a result, more and more startups are moving to Japan to take advantage of the friendly regulatory environment.

Singapore: Low Taxes, Many Talents

Singapore, which is business friendly, low tax, and technology friendly is another jurisdiction that should be considered. Although the previous regulatory framework for crypto was not entirely clear, and some businesses could not develop due to problems with bank accounts, the state financial regulator said in October that it was very open to crypto companies working with banks to reach an agreement to let the business grow. Last year, Singapore's central bank completed the country's new regulatory framework for payment services, which now includes digital currencies. Singapore is not comparable with Japan, but moves in the right direction. Big business and large technology communities are also ideal for attracting investors and talent for startups that focus on crypto.

Luxembourg: The Most Developing Economy



Luxembourg, a small small country under 600,000, offers one of the world's largest digital currency exchanges, Bitstamp. Bitflyer based in Tokyo also has offices in European countries after being granted a Payment Institution license to operate in the European Union. Luxembourg has long been a financial and business-friendly country and the country clearly sees the potential of digital currencies. Crypto exchanges in Luxembourg are regulated by CSSF and must follow the same rules as other financial institutions. Regarding taxes, cryptocurrency is treated as an intangible asset, and is not subject to income tax until it is disposed, while cryptocurrency transactions are excluded from VAT. This country is also a good place to attract talent for crypto companies, with the innovative Luxembourg University currently working to improve the security of crypto assets.
#3 - February 09, 2019, 04:03:13 AM

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USA: Booming Bets Now

US. this is not surprising is the nest of crypto companies. Many crypto digital currency exchanges, prison providers, wallet developers, and miners operate from the US and the government works to create a clearer legal framework for crypto-related businesses. Policies vary from one country to another, and while taxation guidelines in the US are generally unclear, in December MPs submit bills for making tax exemptions for certain crypto currency transactions. The cryptocurrency community in the US is growing and technology is slowly entering the mainstream. For example, Ohio last year allowed companies in the state to pay various taxes, from tobacco sales taxes to employee deduction taxes, to bitcoin.

Switzerland: Established and Safe

Switzerland has long been a country that is friendly to crypto. His government has been open to the idea of cryptocurrency, prompting the crypto startup to set up shop there, and in December announced a new legislative approach to the blockchain. Swiss tax rates are also attractive. In general, this country offers a low tax environment for businesses and many bitcoin service startups are based in Switzerland. The state tax regulator considers cryptocurrency as an asset, subject to a property tax that must be stated in annual returns. A 2018 report states that 50 top cryptocurrency and related blockchain companies in Switzerland's "Crypto Valley" are worth $ 44 billion. The Bitcoin ATM maker, Lamassu, moved to Switzerland because of problems with maintaining bank accounts elsewhere and has been able to develop in a landlocked country progressively. And with some of the best universities in Europe, including the École polytechnique fédérale de Lausanne, which hosts the innovation park, there are many talents to choose from.



Japan: Ahead of the Game

With the number of crypto companies in Japan growing in December seeing 190 companies expressing their intention to enter the market - a country that understands technology is the ideal jurisdiction to establish a cryptocurrency business. The island nation has a booming bitcoin and cryptocurrency industry and is one of the first and only countries to recognize cryptocurrency in its legal system. Adoption also developed in this country, with many businesses, restaurants and cafes receiving crypto for payments compared to other countries and jurisdictions in this list. Last year, the country's Financial Services Agency published a draft new cryptocurrency regulatory report. The country also allowed 16 of the largest crypto exchanges in the country to build an independent regulatory body. This step shows how Japan excels in terms of regulation and enables crypto companies to develop. As a result, more and more startups are moving to Japan to take advantage of the friendly regulatory environment.

Singapore: Low Taxes, Many Talents

Singapore, which is business friendly, low tax, and technology friendly is another jurisdiction that should be considered. Although the previous regulatory framework for crypto was not entirely clear, and some businesses could not develop due to problems with bank accounts, the state financial regulator said in October that it was very open to crypto companies working with banks to reach an agreement to let the business grow. Last year, Singapore's central bank completed the country's new regulatory framework for payment services, which now includes digital currencies. Singapore is not comparable with Japan, but moves in the right direction. Big business and large technology communities are also ideal for attracting investors and talent for startups that focus on crypto.

Luxembourg: The Most Developing Economy



Luxembourg, a small small country under 600,000, offers one of the world's largest digital currency exchanges, Bitstamp. Bitflyer based in Tokyo also has offices in European countries after being granted a Payment Institution license to operate in the European Union. Luxembourg has long been a financial and business-friendly country and the country clearly sees the potential of digital currencies. Crypto exchanges in Luxembourg are regulated by CSSF and must follow the same rules as other financial institutions. Regarding taxes, cryptocurrency is treated as an intangible asset, and is not subject to income tax until it is disposed, while cryptocurrency transactions are excluded from VAT. This country is also a good place to attract talent for crypto companies, with the innovative Luxembourg University currently working to improve the security of crypto assets.
Until now I was still surprised, what motivated them to like Bitcoin? Doesn't Bitcoin have legal legality? Do they not worry that their money will be lost if one day the bitcoin scams? ::)
#4 - February 09, 2019, 05:29:47 AM

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nice sharing, i still remember when the goverment of china and korea make a bad news for crypto, the market drop very hard hahaha
#5 - February 09, 2019, 08:23:11 AM

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Until now I was still surprised, what motivated them to like Bitcoin? Doesn't Bitcoin have legal legality? Do they not worry that their money will be lost if one day the bitcoin scams? ::)
turns out that bitcoin stands in a large country. applaud me with the development of bitcoin today
#6 - February 09, 2019, 11:46:13 AM

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turns out that bitcoin stands in a large country. applaud me with the development of bitcoin today

But isn't it in some countries that bitcoin has also been banned?
#7 - February 09, 2019, 12:23:04 PM

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Oh man thats why market from china and south korea very important in this ecosystem. I hope that one day Indonesia can be top 5 crypro user.

Hard i think because the status of bitcoin hahaha
#8 - February 09, 2019, 01:41:48 PM

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When is BTC used in Indonesia ... because I come from Indonesia and I invested in the coin;D;D;D;D;D;D;D;D
#9 - February 10, 2019, 03:15:51 AM

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When is BTC used in Indonesia ... because I come from Indonesia and I invested in the coin;D;D;D;D;D;D;D;D
you can already use bitcoin here in Indonesia. If you come to Bali you will find many restaurant and hotel which accept it as payment.
but yeah, it is not being considered as a legal payment, and won't be covered if you got scam. Because teh only legal and formal payment in Indonesia is Rupiah.
#10 - February 10, 2019, 02:32:19 PM

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you can already use bitcoin here in Indonesia. If you come to Bali you will find many restaurant and hotel which accept it as payment.
but yeah, it is not being considered as a legal payment, and won't be covered if you got scam. Because teh only legal and formal payment in Indonesia is Rupiah.
wow ... I know that ... hopefully the BTC will be better in the future
#11 - February 10, 2019, 02:35:26 PM

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wow ... I know that ... hopefully the BTC will be better in the future
yes I don hoep so taht it will get better accepted as a second or alternatives currency in Indonesia. :) 
#12 - February 10, 2019, 02:43:48 PM

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as far as I know, the most used bitcoin is China.
#13 - July 24, 2019, 01:49:20 AM

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I think developed countries use bitcoin more.
#14 - August 22, 2019, 04:30:39 AM

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I think superpowers and other big countries that use bitcoin a lot.
#15 - August 22, 2019, 05:24:00 AM

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