Estonia

This small Baltic country is one of the countries that have recently taken the most innovative steps in technology. The technology-friendly government is quite willing to use blockchain technology in the field of healthcare, banking and administration. So much so that citizens can even become “electronic citizens” if they want, and in this way all Estonian citizens and companies have the opportunity to acquire a digital identity. Estonia has previously signed a first by using a blockchain-based voting system for people who want to become shareholders on the Nasdaq Tallinn Stock Exchange.

This small country, known as the place where Skype first appeared, has many Bitcoin atms and entrepreneurs who buy and sell virtual currencies such as Paxful.

In short, Estonia stands out as one of the countries where cryptocurrency users will feel most comfortable in the world.

Denmark

Denmark is one of the most developed countries in the world in terms of living standards and technology. But one of the most prominent features of the country is the recent moves it has made at the 100% transition point to digital currency instead of cash. On the other hand, it is unknown when this transition will take place or whether Bitcoin will be used as a currency in this sense.

As a matter of fact, the Danish Central Bank does not accept Bitcoin as a currency and does not regulate its use. But there are a lot of Bitcoin startups in the country. CCEDK, which offers Bitcoin “3.0” technology to the service, is one of them. CCEDK CEO Ronny Boesing Bitcoin.com ’a made the following statements:

“I think freedom and responsibility are parallel things. While we have such convenient access to cryptocurrencies, we are aware that we have some responsibilities for their acceptance.”

The table prepared by LocalBitcoins for Denmark also shows the increase in demand in this regard.

Sweden

Like Denmark, Sweden is taking steps towards the use of virtual currencies instead of cash. Since citizens have been looking for a platform where they can store their assets safely for a long time, it seems very likely that the demand for virtual money will increase.

Previously, Sweden's official financial regulatory and supervisory authority Finansinspektionen had paved the way for the development of the industry in the country by recognizing Bitcoin and other cryptocurrencies as a valid form of pay.

Sweden is home to startups that stand out with the purchase and sale of virtual currencies, such as Safello and KnCMiner. LocalBitcoins' research also reveals that the demand for cryptocurrencies is constantly increasing.

South Korea

South Korea, which hosts technology giants such as Samsung and LG and has the highest smartphone usage and mobile pay rate in the world, is also one of the countries that have adopted Bitcoin both in investment and trading.

There are no laws regulating the use of Bitcoin in the country. This also paves the way for many initiatives. In fact, with an application launched by Coinplug, one of the virtual currency Exchange platforms, people in South Korea can even buy virtual currency in 7-Eleven stores.

Roger Ver, a Bitcoin investor, says the following about South Korea, which also hosts various conferences on Bitcoin all the time:

"Bitcoin eliminates most financial boundaries in the world. Seoul, one of the most economically prominent cities in Asia, is also an excellent place for sharing ideas and conferences about Bitcoin.”

Australia

Although banks in Australia have not taken a very warm attitude towards Bitcoin, the “double tax” imposed on Bitcoin has recently been abolished. This was a development that was welcomed by most people and companies. While this type of tax was valid, many Bitcoin startups, in particular, had decided to leave the country for reasons such as unwanted taxation and freezing of bank accounts.

Bitcoin, on the other hand, is not yet regulated by the Reserve Bank of Australia. The bank manager said in an interview: “There are no laws that will prevent people living in this country from using the currency they want in transactions that require money transfers. That's why currencies are in competition with each other.”

The Australian Securities Exchange (ASX) is currently conducting a study to become the “world's first successful blockchain project”. Moreover, the state's leading postal service, the Australia Post, is also considering using this service to store digital identities in order to improve its own services and take a step against falling revenues.

The LocalBitcoins chart shows that the volume in the country is gradually increasing:

Canada

Canada is also one of the Bitcoin-friendly countries, like its neighbor the United States. There are a large number of Bitcoin startups in the country, which hosts two cities described as “Bitcoin centers” such as Toronto and Vancouver. There are more than 20 Bitcoin ATMs in Vancouver alone. On the other hand, on September 19 last year, Toronto is a city that hosted the world's largest blockchain conference up to that time.

Bitcoin is currently legally regulated under the scope of preventing money laundering and combating terrorism.

According to the data of LocalBitcoins, demand in the country has been increasing regularly since 2013.

Finland

Like other Scandinavian neighbors, Finland continues to be one of the centers of technology and innovation. Finland's official tax supervisory authority, CBT, officially offers Bitcoin and even offers a VAT discount on purchases made with virtual currencies such as Bitcoin.

Considering the population density, there are also quite important Bitcoin companies in the country where there is a fairly large amount of Bitcoin atms. These include FinCCX, Bittiraha and LocalBitcoins. Helsinki became the city where the highest virtual currency sales took place in January 2016 with the purchase of a Tesla brand vehicle worth € 140,000.

Netherlands

Without a doubt, the Netherlands is also one of the countries that have adopted Bitcoin the best. So much so that the city of Arnhem is known as the “Bitcoin City”. In this city, you can benefit from accommodation, gas, bicycles and even some health services using Bitcoin.

Cryptocurrencies are not yet regulated by the country's official financial institution. That's why there are many startups and Bitcoin ATMs in the country. Even the Bitcoin Embassy has taken its place in the heart of Amsterdam. In this way, the Netherlands becomes one of the countries that brings together hundreds of people interested in Bitcoin within the scope of different events. Dec.

On the other hand, banks such as ABN Amro and ING, one of the leading banks in the country, are also conducting studies on Bitcoin and blockchain in order to develop their own technologies and reduce costs. #BTC #bitcoin #Binance #crypto #ETH