Countries that accept cryptocurrency in 2019
Hello! We have made a list of several countries where you can trade cryptocurrency, exchange it for Fiat and even buy at newsstands.
Australia
In Australia cryptocurrency is established as a foreign currency, income in crypto and its capitalization are taxed. Terminals in Brisbane airport accept cryptocurrency for payment — Bitcoin, Ethereum, Litecoin и Dash.
Argentina
There is no cryptocurrency market official regulation in the country, but digital money is not prohibited. Traders can trade cryptocurrency legally.
Belarus
Belarus legalized cryptocurrency at the end of 2017. Here, crypto enthusiasts can comfortably trade, exchange crypto for Fiat and mine without taxes.
Germany
In March 2018 the German government accepted cryptocurrency as a means of payment. You can pay for goods in stores and services, but with taxes.
Gibraltar
In January 2018 in Gibraltar legalized cryptocurrency and licensed Blockchain companies. Now cryptocurrency exchanges are required to obtain a license from the Financial Services Commission (GFSC) to legitimize their activity. And trading is officially recognised as a way of earning money.
Denmark
Denmark became the first country where an apartment was sold for Bitcoins. Traders can trade cryptocurrency, operations with crypto are not controlled and are not subject to taxation.
Iceland
Here the cryptocurrency is legalized and has its own altcoin - Avroracoin. There is also the world's largest mining farm, Enigma.
Spain
In Spain, you can buy cryptocurrency at ATMs. Crypto operations are allowed, Bitcoin legalized.
South Korea
ICO was banned in South Korea, but cryptocurrency is not prohibited. The authorities officially regulate cryptocurrency exchanges in order to develop this industry and make trading safe for investors.
Canada
Canada did not legalize cryptocurrency, but did not prohibit its usage. All crypto transactions are considered as barter, and the profit is considered as official income, which is a subject to taxation.
Liechtenstein
In Liechtenstein, you can legally make business with cryptocurrency, and from February 15, 2019, you can buy Bitcoin and other coins at any post office in the country. And there are seven of them, by the way.
Malta
Malta government has accepted three laws on cryptocurrency regulation, which allow traders and investors to run a business with crypto and exchange it for Fiat officially. Malta is the first jurisdiction in the world to provide legality to digital currencies.
Poland
The situation in this country is ambiguous - the government is against investing Fiat in a cryptocurrency, but the Financial Supervision Commission is not. There is no ban on cryptotrading in the country, only the activity on the initial placement of tokens is prohibited.
Saudi Arabia
In Saudi Arabia, cryptocurrency is not prohibited, there are no restrictions on operations with it and it is not taxed. The government plans to legalize crypto and use it as an official means of payment.
Senegal
In Senegal, the cryptocurrency is legalized, the country has its own coin - eCFA as an official means of payment.
USA
In USA cryptocurrency is legalized and taxed. In 2017, investors received permission to trade Bitcoin futures.
Uruguay
Uruguay government wants to launch their own coin, but the project is at the negotiation stage so far. Cryptocurrency transactions are not taxed and not controlled, so you can safely trade crypto.
Croatia
In Croatia, bitcoin is recognized, but the cryptocurrency is not legalized. At the same time, there is the Association of cryptocurrency and Blockchain which regulates the cryptocurrency market.
Sweden
In Sweden, cryptocurrency is recognized as a means of payment, but not legalized. You can trade but should be careful - the financial police monitor all transactions with cryptocurrency, here it is often used for money laundering and financial crimes.
Switzerland
Cryptocurrency has not yet been recognized as legal means of payment, but nevertheless, many new Blockchain companies are opening in the country. The Swiss government is developing the legal status of cryptocurrency and new rules for its regulation.
Estonia
Digital money is allowed here, but in December 2018 the government tightened regulatory measures - many cryptocurrency exchanges are suspected of money laundering. Therefore, it became not safe to exchange crypto for Fiat and pay for Bitcoin services.
Japan
In Japan cryptocurrency was legalized in 2017, you can pay in Bitcoins in large retail stores, cafes and restaurants. The Japanese can also pay rent with crypto.
Good luck and profits!