My opinion is crypto friendly country means where blockchain based transaction is legal and government allow the business which are using blockchain.Another fact is with legality government cut lower taxes.There are so many countries still now they do not give any legal permission to blockchain based transaction.Today i will mention some crypto friend country country.

1.Malta

Malta is very suitable place to start up blockchain based company.Current government already gave legalization to crypto.Malta is a island.People called it blockchain island of world.

_{[Image source](https://news.bitcoin.com/malta-give-peace-mind-crypto-companies/)}

I heard malta is a first country where commercial bank and business farms get allow to trade crypto.The worlds top crypto exchanger binance already announced allocated its headquarter at malta.

2.Liechtenstein

This is the 2nd country whose government gave legalization to blockchain based business.Although this country is very small but it become popular crypto friendly country.The prince of Liechtenstein hans adam made crypto friendly law with lower taxes.

_{[Image source](https://all-stocks.net/liechtenstein-passes-the-blockchain-act-to-boost-its-crypto-economy/)}

Although Liechtenstein situated in europe.But it is not part of european union.Thats why this country makes its law very crypto friendly and skipped european union law.

3.Japan

This country is popular for technology.Also it is one of the most richest country of asia.We heard about a Japanese person named satoshi nakamoto who created bitcoin.

_{[Image source](https://insidebitcoins.com/news/japans-fsa-set-to-update-crypto-trust-related-regulations-top-firms-form-sto-self-governing-association/238782)}

Japan has huge number of crypto trader of whole world.When japani government gave permission to blockchain transaction at 2017, we have seen bitcoin jumped lot.

4.Switzerland

Swiss canoton of zug is popular for tourist area.Every year so many tourist went there with family for vacation.It is also known as a crypto valley.It is tax free area for crypto investor.

_{[Image source](https://executive-limousines.ch/crypto-valley-zug-new-financial-hotspot/)}

This country is suitable for crypto conference, crypto summit,ecosystem of blockchain,start up business.

5.Gibraltar

_{[Image source](https://news.bitcoin.com/5-crypto-exchanges-have-been-licensed-in-gibraltar-since-regulation/)}

Gibraltar has most crypto friendly law in world.They also allow crypto based loan for investor from uk based bank in gibraltarThis is very suitable place for take government permission for ico and start up.

6.Estonia

_{[Image source](https://cryptodigestnews.com/the-beginners-guide-to-opening-a-crypto-business-in-estonia-e2ed55cb0fc4)}

Although estonia is a part of european union and european union put so many restriction for block chain based business but Estonia make its own law for crypto based firms.Estonia government already announced their nation crypto currency estcoin.

_{[Image source](https://www.crypto-news.net/estonia-planning-to-issue-a-national-cryptocurrency/)}

After that european union step on it and estonia step back.But the government still searching a way, so that they can produce their national crypto coin on crypto market.

7.Australia

_{[Image source](https://cryptocurrencyblog.com.au/bitcoin-legal-australia/)}

This is the most popular country for innovative blockchain based busienss and leagal jurisdiction.They allow crypto exchange with taxation, although this tax is much compare to malta,estonia,switzerland.Australia government introduce a crypto bill on parliament at 2017 for 100% legalization.But this bill is still under consideration by law makers.

8.Slovania

_{[Image source](https://btcmanager.com/tag/slovenia/)}

Slovania also a member of European union.Slovania has small population like only 2 million people.One of major international crypto exchange Bitstamp started its journey at 2011 in slovania.They did not take any tax for block chain based taxation.They also remove crypto trading income from income tax law.

Beside those country, there are so many country who are allowing crypto but still now they do not give any leagality.Usa still not give legalization to crypto.But we know coinbase is a usa based exchanger.Usa is not agains crypto, on the other side they do not give legal official permission to crypto exchange.

Like usa we know India banned crypto transaction at 2018.Before that they allow crypto exchange by commercial bank. We all know recently bakkt allow bitcoin as a main streem asset.Which is the first step for crypto to get usa permission.