@247996 9 July 2021 more from that month

Several Cryptocurrency Supporting Countries. The development of crypto in the world is growing very rapidly, currently the world of crypto assets is ogled by investors from various parts of the world. However, not all countries agree to the presence of the crypto currency, there are several countries that support cryptocurrencies and even support their people investing in the cryptocurrency world. First is the United States, the United States is a country that has a very high Bitcoin trade compared to other countries, they are always considered to be at the forefront of digital money. As enthusiasts progress, recently the United States government issued a decree on digital currencies, United States (US) President Joe Biden requires cryptocurrency transactions (crypto money) of more than 10,000 US dollars to be reported to the US tax authorities or the Internal Revenue Service (IRS). . The goal for this bitcoin transaction will be to make rich people in America pay more taxes. The US Treasury Department said cryptocurrencies pose significant detection problems by facilitating widespread illegal activity including tax evasion. The next country is Japan, from a statistical survey conducted to 1000 respondents in Japan, the ownership of crypto exchanges is around four percent, this turns out to be what makes Japan also interested in cryptocurrencies. Japan is the largest country that uses Bitcoin as a digital currency, to date, Japan has traded about 63% of all Bitcoins in the world. Over time, the Japanese government plans to issue its own currency. Denmark is the next country that supports the presence of crypto currencies, although it has not yet recognized the official currency of transactions using Bitcoin can be used in Denmark and the country is called the home of cryptocurrency for 1.30 seven percent of its users. The largest bank in Denmark namely Danske Bank issued a notice urging users to be careful, the bank does not take any practical stance on cryptocurrencies. The bank states that it will not offer any cryptocurrency services to its own customers, but also will not interfere with transactions originating from crypto platforms. Meanwhile the fourth country is South Korea, the percentage of Bitcoin users from South Korea is around 3.7 percent and the service is considered safe, even anyone can easily buy Bitcoin or sell it. South Korea will have a digital currency backed by a central bank, the Bank of Korea said it would select a technology supplier to build a pilot platform for the digital currency. Finland is the fifth country, so Finland is exempt from taxes for buying Bitcoin and the data records the percentage of crypto ownership in Finland at 1.8 percent, which is quite large and has been facilitated by using an ATM machine for transactions. Nigeria is the next country to support the digital currency, the growth of cryptocurrency users in the country is very high and increasing, the growth of digital currency in the country can be seen among young people by 211 percent. The youth in the country also follow developments about blockchain technology, the people there also like information about the world of cryptocurrencies. Ukraine is a country where people prefer the cryptocurrency world as an investment asset, Ukraine has experienced an 86 percent increase in Bitcoin usage growth, which is a very large growth in the country. Next, there is Russia, which supports its people to invest in the cryptocurrency world, so this country legalizes Bitcoin through the Federal tax agency. Only in Russia Bitcoin can be used for transactions with a cryptocurrency ownership percentage of 11.9 percent. In Russia, cryptocurrencies were considered illegal since last year and are still prohibited as a means of payment. This is because it is planned that in October Moscow will publish a consulting research proposal on the digital ruble. This proposal was published with the aim of having a prototype ready by the end of 2021. #MyLife