The Crypto Enthusiast's Dream: Top Countries That Tick All the Boxes

pubblicato su by Cointele | pubblicato su

For crypto enthusiasts, choosing a location to live in that supports an ideal lifestyle extends beyond searching for a city with a high number of shops and retail outlets that accept crypto.

As the world of crypto evolves and more crypto debit cards appear, crypto enthusiasts are realizing that direct crypto spending is not the only factor to consider when choosing a place to call home.

Armani also said in a tweet that he chose Saipan because it has "No IRS or ICE jurisdiction. No national guard. No real military presence. Very laid back police. No code enforcement dept." The case with Armani is evidence that crypto enthusiasts are now more considerate of factors such as political stability, security and overall friendliness of financial regulations toward crypto than whether an area has enough retail shops for spending crypto.

What's more, regulatory bodies in Singapore, including the Monetary Authority of Singapore, have initiated several crypto-friendly initiatives, including the publication of initial coin offering guidelines back in November 2017.Even though the country's government does not recognize crypto as legal tender, the Monetary Authority of Singapore granted an exemption to several crypto companies under the new Payment Services Act, giving firms a grace period of six months in which they can operate without a license.

The solution makes it easy for crypto enthusiasts in Brisbane to transfer money to their loved ones, not to mention receive payments in crypto.

Even though the state is not as popular with crypto and blockchain enthusiasts as it once was, it still has the largest population of professionals in the crypto industry.

Apart from a regulatory-friendly framework and a solid crypto community, another factor that makes California a great place for crypto enthusiasts is its weather.

Plus, if one is looking for retail shops and businesses that accept crypto payments, there are over 40 businesses in New Zealand that accept crypto payments.

For crypto enthusiasts, the smart move is to live in countries that are set to become the crypto powerhouses of the future.

Given the rapid advancements in the crypto payments infrastructure facilitated by Cash App, Revolut and other notable companies, it means looking beyond the number of shops that accept crypto to considering other factors that prioritize the personal needs and desires of a modern global citizen.

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