The Australian Securities Exchange has invested $22 million to own a 8.5% stake in blockchain company Digital Asset.
The Australian Taxation Office has asked for public feedback on cryptocurrency taxation, and has been clear in the information it provides to traders and the public.
Australia's stock exchange was the first in the world to move its trade settlement engine onto the blockchain.
The Australian PM recently told the Digital Transformation Agency to focus its efforts on blockchain to study potential applications across government.
Brazilian company CoinBR has partnered with rising altcoin Dash and the currency is now usable at 13,000 locations across the country.
Brazil's tax authority Receita Federal does not view crypto as currency, but as an asset which means they are subject to a 15% capital gains tax at the time of sale.
Brazilian foundation Getulio Vargas recently launched the first ever Master's degree in crypto finances.
With a notoriously corrupt political system, new voices in Brazilian politics are proposing an Ethereum-based petition system for faster reform.
As part of the home of Ethereum, Canada recently launched the Enterprise Ethereum Alliance which connects the Blockchain with the evolving enterprise industry with over 450 members from all around the world.
The Canada Revenue Agency treats digital currency like any other asset, meaning it is liable to up to 50% capital gains tax.
The Information and Communications Technology Council of Canada is working to build a national infrastructure for blockchain to create jobs and support the domestic economy.
Operation Crypto Sweep, spearheaded by Canada and the US is investigating over 70 suspected ICOs, with the aim of improving transparency in the industry.
The founder of Chinese mega-company Alibaba has publicly made clear that he supports the blockchain revolution, but not cryptocurrencies themselves.
China was one of the first major countries to completely ban cryptocurrencies, but has also created a new rating system for them.
China accounts for more than two-thirds of the world’s processing power devoted to bitcoin and is home to some of the world’s leading creators of mining hardware, such as Beijing-based Bitmain.
Chinese premier Xi Jingping called blockchain part of a new 'technological revolution'.
Danske Bank has taken a hostile stance towards cryptocurrency and has banned their use on any of its trading platforms.
Despite the government's unfavorable view, cryptocurrencies enjoy a 0% tax on gains in Denmark. The country doesn't recognize them as legal tender and thus they are exempt from regulations.
Danish company OpenLedger has taken China by storm, recently signing a huge deal to expand into the country.
Denmark's Ministry of Foreign Affairs is exploring the use of blockchain for administering foreign aid.
Deloitte found that Estonia's e-residency program attracted $17.2 million in revenue already, thanks to its attractiveness for new and established companies.
Cryptocurrencies are subject to capital gains tax, but these are comparatively low compared to the EU generally.
Estonia is famous for being electronic government pioneer. Its current eID and public key infrastructure systems are already based on the blockchain technology.
Pushing to become a "borderless digital nation", Estonia has proposed its own 'estcoin' digital currency, but is currently meeting resistance from the European Central Bank.
IMB recently announced it will be hiring 1800 people in France to specifically work on its blockchain and AI endeavours.
Under the more business-friendly regime of Emmanuel Macron, France has already slashed its taxation on cryptocurrency from 45% to a flat 19%.
France is home to innovative blockchain company ARK, which is becoming a leader in the space.
The Autorite des Marches Financiers recently published a blacklist of 15 cryptocurrency and crypto-asset investment websites.
German bank VPE became the first German player to introduce institutional cryptocurrency trading services for larger companies.
Under the 23 EStG rule, Bitcoin and other cryptos are not considered as a commodity, a stock, or any kind of currency. They are considered private money, taxable only if gains exceed €600.
The German National Tourism Board now accepts payments in cryptocurrencies, to set an example of innovation for the broader tourism industry.
Following months of negotiation, the German coalition government published their political agreement, which mentioned commitment to blockchain research numerous times.
Numerous Indian firms have launched petitions against the Reserve Bank of India for its overly harsh stance on cryptocurrencies.
The status of cryptocurrency in India is hanging in the balance. Finance minister Arun Jaitley said in a recent speech that the government would do everything in its power to discontinue the widespread use of digital currencies.
The Indian state of Andhra Pradesh and the Covalent Fund are working together to boost the local blockchain ecosystem and create a $10 million blockchain university.
An Indian government think tank, known as NITI Aayog, is working on a blockchain solution aimed to combat the country's roaring counterfeit drugs trade.
Horizon State, an Australian firm, plans to launch a blockchain phone app on Sumatra island which would enable direct polling on various local policy issues.
Despite previous crackdowns, the Futures Exchange Supervisory Board has decided that they can be subject to futures trading which means they will be regarded as commodities.
The centerpiece of Indonesia's growing blockchain scene is the Blockchain INDO Conference.
Finance Minister Sri Mulyani Indrawat is leading a government program to use blockchain to instil accountability into subsidy provision and microloans.
MUFG, the biggest bank in Japan, has committed to a ‘hyper-scale’ blockchain payments network by 2022, which will enable faster, cheaper payments.
The Japanese Financial Service Agency has been a leader in the region, approving cryptocurrencies as legal tender and welcoming 11 exchange operators to its market.
With over 3.5 million people trading in cryptocurrencies, Japan continues to swell as a blockchain hub, particularly in younger demographics.
The Japanese government has released a methodology for evaluating blockchain platforms that is believed to transform the industry.
Blockchain based equity fundraising platform Neufund became the latest high profile company to setup headquarters in Malta.
Together with feedback from the ecosystem, the Malta Financial Services Authority (MFSA) is putting together coherent regulatory frameworks, both for cryptocurrencies and initial coin offerings.
Malta is positioning itself as 'Blockchain Island', and is already attracting the headquarters of major players such as crypto exchange Binance.
The Maltese government approved three cryptocurrency related bills which aim to make the environment ripe for innovation.
Mexico's first crypto exchange is called Bitso and offers a platform for trading bitcoin with the Mexican Peso for the large share of the population that is currently unbanked.
Whilst a bill passed Congress which classified crypto as 'virtual assets', there is still no consensus on taxation.
Mexico is home to Agrocoin, one of the most bizarre altcoins available, which is backed by Habanero Peppers!
The Mexican government recently announced HACKMX, a blockchain based system of public tender bidding that is the latest in a string of e-government initiatives.
Bitcoin and crypto meetups are promoted through Amsterdam's well-known Bitcoin Embassy which serves as a hub for the ecosystem.
The Dutch Blockchain Coalition is working towards creating regulatory framework that will promote responsible blockchain development.
Recently voted the best startup city in Europe, Amsterdam has the highest density of Bitcoin ATMs in the world.
The Dutch government is conducting over 30 pilots for using blockchain technology, including Income Tax, (digital) identity, logistics, autonomous vehicles and debt counselling.
In a bid to address borderless payments and access to cryptocurrencies in West Africa, Tanjalo was launched as an online marketplace where residents can buy and sell bitcoin.
The Central Bank of Nigeria has declared cryptocurrencies as non-legal tender and has warned citizens against getting involved in the space.
The Nigerian Blockchain Alliance is launching campaigns to directly tackle corruption in the country and promote a more inclusive model of development.
Government agencies are collaborating with the Cryptography Development Initiative of Nigeria to advance their understanding of the tech frontier.
The first two Bitcoin ATMs in the world were setup by Cryptobuyer in Panama City, famed for its high-wealth expats and flexible business environment.
Panama is considered a tax haven for ICOs, given its liberal regulatory environment and near-zero tax.
Panama is considered a leader in blockchain openness, embodied in the Blockchain Embassy Panama which serves as a hub for people in the ecosystem.
The head of government owned Banco Nacional de Panamá has warned people to stay away from cryptocurrency due to the lack of domestic regulation.
Major Russian bank Sberbank has launched a blockchain laboratory to create and test new prototypes.
Vladimir Putin recently pushed for the Digital Assets Regulation Bill to be concluded as soon as possible, which would establish a regulatory framework for digital currencies.
Russian-Canadian developer Vitalik Buterin is the man behind Ethereum, one of the most prominent and promising blockchain ecosystems to-date.
The Russian Ministry of Justice currently denotes cryptocurrencies as property, with an official stance on their status still being confirmed.
Singapore startup Fusion recently secured $12.3 billion in financial assets for its public blockchain platform.
In Singapore, Bitcoin is considered neither as a currency nor a commodity. Businesses that are involved in digital currency trading are taxed on the profits derived from their business, but for individuals, there are no specific laws.
Singapore plans to tokenize its fiat currency onto a decentralized Ethereum network, known as Project Ubin.
The Monetary Authority of Singapore has allocated funds equivalent of over US$225 million for blockchain R&D focused specifically on integrating blockchain into government and financial service.
Sygnia Asset Management, a major South African investment firm with $14.5 billion under management, has revealed that it will launch a cryptocurrency exchange in 2018.
National policy on cryptocurrencies remains informal, with citizens expected to report any transactions to the South African Revenue Service.
South African has shown leadership recently in opening up to the blockchain ecosystem by hosting the Blockchain Africa Summit.
The South African Reserve Bank has launched Project Khokha to experiment with distributed ledger technology for its interbank clearing.
Huobi recently announced a China-South Korea investment fund of $93 million for blockchain projects.
South Korea was one of the leading voices on crypto regulation, and is now pushing for a worldwide framework to be developed.
South Korea is home to the most crypto traders in the world, and recently reported $600m in illegal trading.
Park Won-soon, the Mayor of Seoul, is considering the introduction of an "S-coin" which would used for city services and welfare programs.
The Swiss blockchain hype is centred around the town of Zug, which has a number of prominent players in the locality including Status, ShapeShift, Bancor, iProtus and Melonport.
Switzerland is unofficially a cryptocurrency tax haven, due to very low taxation and limited regulation.
Switzerland is tipped as the "Crypto Valley", for the sheer scale of innovation, favorable tax regime and community of like-minded companies.
Swiss Finance Minister Ueli Mausrer is leading a new government task force to better regulate ICOs and understand how to let the environment flourish.
Newly created Palmex exchange allows Emiratis to trade in various cryptocurrencies, as well as the local DubaiCoin which has been around since 2016.
The Abu Dhabi Financial Services Regulatory Authority has recently announced its desire to create rules for exchanges handling cryptocurrencies and accessing local markets.
Want to buy a luxury apartment in digital currency? Well 30 BTC can get you a place at Aston Plaza in Dubai!
Sheikh Mohammed bin Rashid, the leader of Dubai, has launched ''UAE Blockchain Strategy 2021' with a goal of becoming the world leader in the technology.
British companies are working together with the public sector to foster blockchain innovation through the British Blockchain Association.
Crypto asset gains are subject to capital gains taxation in the UK, if they pass a certain threshold of value and depending on the investor's income.
Numerous MEPs have called on the City of London to embrace the blockchain ecosystem in order to stay as relevant post-Brexit, likening it to the Big Bang of the 1980s.
British Chancellor of the Exchequer Phillip Hammond recently announced a dedicated "crypto assets task force" in order to understand the opportunities and risks associated with blockchain.
Social media mammoth Facebook has put together a task force of top execs to investigate the blockchain and its potential implications for the company's activities.
US crypto regulation varies across states, with the most favorable approaches being taken by Texas, Kansas, Tennessee, South Carolina and Montana.
The world's largest exchange, Coinbase, has recently met with US policymakers in order to obtain a federal banking license.
The Securities and Exchange Commission has warned investors of cryptocurrency investing risks, stopped several ICOs and made clear the need for greater regulation of platforms.
With a hyper-inflated local currency, Venezuelans have turned to mining for profit. This has led to a government crackdown on mining for its effects on limited electricity supply.
At the initiative of its government, Venezuela launched an oil-backed cryptocurrency called "Petro", which has already raised $735 million according to government sources.
Binance is a multi-language crypto exchange, which is currently the largest in the world. Users are offered a 50% discount on trading fees by paying with the platform's nativeBNB token.
Bisq is a unique open source exchange, which lets anyone buy/sell cryptocurrencies for other coins or fiat. The platform is maintained through a decentralised peer network.
Born in Poland, Bitbay offers a fast, secure and global cryptocurrency exchange service. The platform also uniquely offers a cool affiliate program that can be used to boost profits even further.
Launched in 2012, Bitfinex provides user-friendly services and functions for crypto traders, both indiviudual and corporate. There are three main services: Bitcoin to fiat exchange, margin trading exchange, and a liquidity provider.
One of the 'Big Four' exchanges, Bitstamp has been around already for a long time and is a favorite among both novice and experienced crypto traders.
Bittrex is one of the larger crypto to crypto exchanges offering a vast number of trading pairs into bitcoin, as well as a high turnover on cryptocurrencies. A number of additional features are offered such as digital wallets and trading dashboards.
C-CEX.com is a crypto to crypto exchange and a fiat to crypto exchange and offers an alternative to the mainstays of Poloniex and Bittrex.
As one of the first platforms to adopt Bitcoin, Coinbase has grown in popularity since its introduction. It offers a user-friendly and beginner way to trade in 4 major cryptocurrencies.
Kraken is a market leading exchange and was the first of its kind to pass a cryptographically verifiable proof-of-reserves review. The platform also offers margin trading, whch gives users the ability to leverage an account balance on specific trading pairs.
Poloniex is considered to be one of the greatest crypto exchanges of all time, based on trading volume and user base. It displays a diverse set of functions and services. The site provides quality liquidity for the marjority of altcoins, which users can trade against Bitcoin.
New to the market, Bread Wallet is a simple iOS/Android Bitcoin digital wallet that makes sending bitcoins as easy as sending an email.
Good privacy & security
Simple & clean
Open source software
No web or desktop interface
Copay is an offshoot of Bitpay and offers a perfect entry-level wallet as well as extensive features for more advanced users. Its multi-signature wallet means it can be shared between multiple people.
Good privacy & security
Multiple platforms & devices
Multiple wallet storage
Open source software
Can be slow & unresponsive
Limited user support
One of the most widely used Bitcoin wallets, Electurm is fast, secure and integrates with a range of hardware wallets.
Lightweight and easy to set up
Recover your BTC using a wallet seed
Relies on servers to verify transactions
Only supports BTC
Exodus is a rapidly growing wallet that supports multiple assets and coins. Like Jaxx, the platform relies on a 12 word 'master seed' to resotre a wallet if access is lost.
Good privacy & security
Easy to use
Supports multiple currencies
Open source software
No web interface or mobile app
Jaxx was first developed in 2014 and serves not only as a Bitcoin wallet but an app which can store multiple cryptocurrencies such as Litecoin, Dash, Ethereum and Bitcoin Cash. Jaxx also offers ShapeShift converter support!
Supports multiple cryptocurrencies
KeepKey is a hardware wallet that stores and secures Bitcoin, Ethereum, Litecoin, Dogecoin dash, and Namecoin. The team claims the wallet is virus and malware proof because it does not have an operating system like a phone or computer.
1 year limited warranty
Great digital display
Compatible with most operating systems
Secure against hacking
Limited password recovery options
Costly for an open source wallet compared to software
Ledger Nano is a Bitcoin wallet on a smartcard device, small format and low weight. Comfortable and simple to use, it can be connected directly to a USB port to manage an account, protect bitcoins and make safe payments.
Screen/device protected by metal swivel cover
3rd-Party apps can run from device
When recovering wallet from seed, the whole process can be done from the device without even connecting it to a computer!
Fairly inexpensive (~$65 USD)
Not as advanced wallet software (no transaction labelling)
No ability to create hidden accounts
No password manager
MyEtherWallet is an open source interface that lets users create a wallet as simply as creating a password.
Offline Github download available
Recorded private keys
Steep learning curve to achieve security
Less accessible to non-developers
Only supports Ethereum blockchain
Awared the prestigious “Best Mobile App” prize by Blockchain.info in 2014, Mycelium offers a fast and beautiful bitcoin wallet. What's more, the wallet has bank-level security and integrates with hard wallets.
Open source software
No web or desktop interface
Not for beginners
When it comes to storing large amounts of bitcoin, Trezor is a perfect solution. This hardware wallet can't be infected by malware and never exposes a user's private keys making it as safe as holding traditional paper money.
Good security & privacy
Easy to use a web interface
Open source software
Must have device to send bitcoins