Which country is best for cryptocurrency?
- The Netherlands.
- Switzerland. Swiss banks were the first in the world to offer crypto companies business accounts in 2018, recognizing that banking channels would help to eliminate fraudsters and encourage legitimate businesses.
How many countries is crypto legal tender? Countries where Bitcoin is legal. On a positive note, research shows there are at least 111 states where Bitcoin and cryptocurrencies are recognized by law and are legal.
What countries have crypto banned?
- Algeria. Algeria currently prohibits the use of cryptocurrency following the passing of a financial law in 2018 that made it illegal to buy, sell, use or hold virtual currencies.
Is crypto illegal in UK? In October 2020, the Financial Conduct Authority (FCA) banned the sale of crypto derivatives and exchange-traded notes (ETNs) to retail investors.