Regardless of the underlying specifics of cryptocurrency technology, whether it's Bitcoin, Ethereum, Ripple, Cardano or EOSfor example, all digital currencies are essentially borderless. They can be mined just about anywhere and generally, traded globally.
Still, not every location is as friendly to the burgeoning asset class as others. Some countries offer tax friendly considerations for crypto businesses while others have relatively easy regulations. Some are encouraging digital cash as an alternative to fiat money and some are even contemplating launching their own alt-currencies. Some countries have a variety of initiatives in play to foster cryptocurrency business and blockchain innovation.
Below are seven locations setting up systems that are cryptocurrency friendly.