Crypto Friendly Countries

Human rights advocates across the globe have sent US lawmakers a letter defending cryptocurrencies. Specifically, 21 human rights defenders from 20 countries teamed up to pen the letter. The human rights defenders highlighted the importance of cryptos in countries with collapsing or broken fiat currencies. In the letter, the humanitarians said they and tens of millions of other people living under authoritarian regimes and unstable economies rely on Bitcoin (BTC) and stablecoins. According to them, BTC offers financial inclusion and…

Despite their growing popularity, Bitcoin and other virtual currencies are still not accepted in many states and nations. There are varying levels of ‘crypto-friendliness’ in different countries, which refers to each government’s policy regulations to support (or against) cryptocurrencies. Some, like Ecuador and Bolivia, have banned the use of decentralized currencies altogether. However, others have a more accepting or positive stance towards crypto. These five are some of those countries that are generally crypto-friendly: Malta The small nation of Malta,…