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From Malta to Prague: What are the crypto-friendly travel destinations?

Supported by expanding adaptations are crypto-vacation reality. In the meantime, flights and Hotels can be booked on the world with Bitcoin (BTC). However, ther

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From Malta to Prague: What are the crypto-friendly travel destinations?

Supported by expanding adaptations are crypto-vacation reality. In the meantime, flights and Hotels can be booked on the world with Bitcoin (BTC). However, there are some cities that are more willing to accept your BTC and a few big Altcoins, than others, depending on the local infrastructure and cryptographic-related policies.

According to data from Coinmap he currently has about 13,150 meeting places, Shops and ATMs on this planet, the accept Bitcoin, this number is growing since the end of 2013 hastily and will continue to grow.

As Gili Gershonok, a crypto-Nomad, who has decided voluntarily to trust any Bank, Cointelegraph reported, however, it is becoming more and more difficult to ignore the Fiat money, because all of the crypto-prepaid cards, on which they had left during their travels, beginning in 2018, have been abolished.

"I have the feeling that more and more barriers are set up against people who dare to maintain a lifestyle away from the financial network... The process of the cryptographic graphierens is always more complicated, especially for those who prefer to preserve their privacy and to avoid high fees - both of which are high-priority values in the crypto-community."

After this statement, Gershonok noticed, however, that travel with BTC, it is still possible, and drew some comparisons between traditional and crypto tourists:

"I believe that there is in the financial behavior [of the two] a big difference. In Prague, I keep mostly cash, I can pull out one of the many crypto ATMs in the city. I'm trying to crypto-to-find payment options for Online transactions and how it is clichéd: for everything else there is plastic. "

Gershonok advises all who want to travel without Fiat, to start with the location and to keep the issue of security in mind:

"you will Leave for a week in her home town on crypto and see what questions and challenges arise. I would also advise some security scenarios to think over; for example, what would you do if your phone, Laptop, Luggage is lost or stolen - and me for all eventualities."

Since the summer is slowly coming to an end, have selected as some of the crypto-friendly locations, which could be worth a visit.

Prague, Czech Republic

infrastructure

As the home of SatoshiLabs, the manufacturer of the Trezor Hardware wallet, Prague is one of the best places in the world, when it comes to Accepting BTC, as Coinmap data show. Bitcoin can be used to Rent Apartments, purchase food and drinks in various Bars and Restaurant and even for a crypto-friendly visit to the cinema. Gershonok confirmed that Prague is one of the most comfortable cities for virtual crypto-currencies and call us your personal favorites:

"business with crypto-POS and ATMs are [there] is not everything. Prague also has a well-informed, well-connected and active crypto-community. I have the feeling that there are more people who know the basics about crypto-currencies and Blockchain, than other places I've visited."

On the state level, the Czech Republic, pursued currencies of a liberal approach to Crypto. In 2017, the local Central Bank said in an announcement with the title: “Don’t be afraid of Bitcoin" (Translation: "Don't be scared of Bitcoin") that virtual currencies do not pose a threat to the conventional banking system. In the report, the watchdog argued that the Fiat currencies continue to are best suitable for the commercial and the traditional money systems can not be marginalized due to the volatility of crypto-currencies.

However, the Minister of Finance by the end of 2017, an Anti-money laundering law (AML) that BTC is limiting in part. The bill calls on local crypto-exchanges, the identities of their customers price not admit, so they are no longer able to hide "behind a false name or nickname".

Ljubljana, Sweden

infrastructure

even Though Ljubljana is not necessarily the first that comes to mind when one thinks of crypto-progressive cities, is the capital of Sweden, nevertheless, home to a built-in Bitcoin-city, fittingly, BTC-City-called - a complex of 500 shops spread over to 475,000 square feet. A special crypto-currency-transaction system called Elipay is to be integrated after a test phase in BTC City. A number of cafes, water parks, sneaker shops, etc., have already begun to accept cryptocurrencies. The Prime Minister of Slovenia, Dr Miro Cerar, is to already have BTC City, and the concept advocates visited, which is also the home of the largest national Mining Rigs. In addition, there are around 30 points in the Ljubljana's city center, according to Coinmap BTC.

Currently, there are no clear regulations for crypto-currencies in Slovenia. In the year 2017, the Slovenian Council for financial stability, issued a warning to the citizens of the country in which they were to be asked, wary of Investments in ICOs and digital currencies, since there are no Laws.

However, local governments are certainly based on the Blockchain. In October 2017 Slovenia government announced plans to establish the country as the leading Nation of the European Union in the area of Blockchain technology, while at the same time potential applications to be tested the technology for the public administration.

Caribbean

infrastructure

In April 2018, the tourism organization the Caribbean (CTO), the Barbados-based Blockchain Startup, Bitt Inc. together, to facilitate "the Implementation of more efficient payment process for products and services in the field of tourism". Basically, the CTO wants to find out how crypto-currencies for the improvement of the local tourism industry can be used, which is one of the main sources of income for the Caribbean is, especially after major U.S. banks have begun to "risk-minimizing measures" of capital from the Region to be deducted. Hugh Riley, the Secretary-General of the Engineering chief, told local media:

"The Caribbean aims to investigate the benefits of the new financial technology ... in Particular, Blockchain-financial services have the potential, the objectives of specific programmes and activities To improve the tourism sector. The CTO is in the best interest of our members responsible for these opportunities to fully explore."

Although the actual results of the collaboration are not yet measurable, would allow local beaches - if the Caribbean is strengthening its cooperation in this sector - a number of crypto-entrepreneurs to attract who want to spend their Savings on the vacation spot.

Caribbean countries approach on the national level on the implementation of crypto. In March, the Eastern Caribbean Central Bank (ECCU) has announced a national crypto-currency called Digital Eastern Caribbean Dollar (DXCD), which is to be introduced in addition to the Fiat-money in eight Eastern Caribbean countries. Donaldson Romeo, Premier of Montserrat, made it clear at the beginning of the year:

"The decision to move in the direction of a cashless society, it fits to the overall development strategy and the strategy of the ECCU."

Amsterdam, Netherlands

infrastructure

Amsterdam is one of the pioneers of virtual currencies. The capital hosts the well-known Bitcoin Embassy, a Gemeinschaftshub in the vicinity of the local Sexmuseums, where crypto enthusiasts meet to organize Workshops and to attend, or in one of the local Cafés to networking. In addition, there are more than 40 BTC-friendly locations, including bike rental shops. Also, the Bitfilm Festival, which is dedicated to all the crypto things.

In March stuf a Dutch court owed to Bitcoin as a "transferable" one, after the court ruled for the defendants, which 0,591 BTC.

In may gave the government a report, in which Cryptocurrencies classified as "low risk" in terms of financial stability. Shortly thereafter, the Netherlands Authority for the Financial Markets (AFM), the financial market authority of the country, due to the high risks, however, in the question of whether companies that operate with crypto-currencies, go with licensing laws compliant.

Tokyo, Japan

infrastructure

Coinmap shows that there are around 80 crypto-friendly company based in Tokyo - one of the largest-centered accumulations in the world. For example, the popular Sushi accepts-restaurant chain Namazuko crypto-currencies, as well as the hacker Bar, which programming transmits programs live, not to mention the amount of crypto-ATM.

such An openness with regard to crypto-currencies is not a Surprise, considering that Bitcoin and Altcoin apply in Japan as a legally accepted means of payment. Local watchdogs to regulate the industry by regular and rigorous AML - and KYC-Standard-Compliance-Checks to be carried out, while Japan's self-regulated crypto-body, to cooperate with the state.

Berlin, Germany

infrastructure

Bitcoins popularity in the German capital was already highlighted in 2013 by The Guardian, as the Mainstream culture dismissed the digital currency as a crypto-anarchic tool. In Berlin you can't eat today, only in about 50 local Bars and Restaurant in the centre for crypto and drink, but also, for example, at prestigious locations such as the European School of Management and Technology in Berlin with BTC pay (since December 2016).

crypto-currencies are not legal Tender, but are recognised by the German Ministry of Finance since 2013 as "private money". Interesting assets (Kryptos), which are held by investors for longer than a year, according to the German income tax act will be completely exempted from tax, what makes Germany especially for Hodler attractive can.

Zug, Switzerland

infrastructure

Although the train may not be as well equipped as other cities in this list with BTC-funded tourist activities, the Canton nevertheless, as a historical city for crypto-enthusiasts. The proud "Crypto Valley" is the home of various Blockchain Startups. Crypto-currencies can be used for a number of municipal activities, such as rent payments or even a corporate registration.

In Switzerland, crypto-currencies are "neither money nor a foreign currency, a financial offer for the Purpose of the goods and services tax (GST)." The unclear legal Status does not stop the government from experimenting with Blockchain and to use the technology, for example, for communal voting.

Malta

infrastructure

Once you are in Malta arrive, you should visit the Bitcoin & Auto Trader in Qormi, your obligatory Lambo demand savings for your crypto, of course, assuming you have enough of it. After that, you can go to a crypto-friendly Sushi Restaurant, to celebrate your new toy. While the local infrastructure for the use of BTC is still somewhat immature, the Situation could change soon if more positive regulations are introduced - and there are good reasons to assume that this will happen soon.

In March announced Binance, the largest crypto exchange in the world, the relocation of its main offices to Malta. As a response, Malta's Prime Minister Joseph Muscat has revealed plans to ensure that the island is "a global pioneer in the regulation of Blockchain-based businesses".

On 4. July, was adopted by the local government's three Laws, which enable companies, a new crypto-currencies and to act existing. Above all, Malta has created on this day, the first country in the world, a coherent regulatory framework in the area of the Blockchain. This week, Malta will be continuing on its way to be a "Blockchain-island", by the University of Malta, introduced a scholarship Fund for the Blockchain and Distributed Ledger technologies in the amount of EUR 300,000, jointly with the Malta Information Technology Agency (MITA) launched.

San Francisco, USA

infrastructure

San Francisco has recorded about 120 crypto-friendly locations and an internationally recognised Hub for crypto-lists-Evang. There are, for example, the well-known "Crypto Castle", a Mecca for crypto-traders are dreaming to multiply your Investments and in the ranks of the crypto-millionaires ascend, but also a variety of shops accept BTC as a means of payment. In fact, San Francisco is so far advanced that a local Federal court accepted even Deposit the payments in BTC.

crypto-currencies are in the United States still in an unclear regulatory Zone, and although a number of regulators - for example, the securities and stock exchangesSupervisory authority (SEC) and the Commodity Futures Trading Commission (CFTC) - the market carefully in mind, and currently, the guidelines can be revised. Nevertheless, the United States sets an example for crypto-regulations, by granting the right to trade with BTC-Futures made, and a special trading license in New York.

Buenos Aires, Argentina

infrastructure

Buenos Aires is considered unofficially as the Bitcoin capital of South America, and it has a surprising amount of crypto-transactions (according to Coinmap, a total of approximately 140), the Argentine placed in the big city of San Francisco and Prague in the Top 3. According to a local crypto-media service, among other things, a press house and taxi services BTC accept in Buenos Aires as a means of payment. Individual Professional such as photographers, professors, designers, technicians and psychologists are supposed to accept crypto for their work.

The success of Bitcoin in Argentina could be explained by the fact that many citizens are turning to due to economic problems - such as the high inflation rate of the national currency and on the basis of manipulated exchange rates - decentralised currencies.

The Governor of the Central Bank of Argentina had set at the G20 Summit in July 2018, the task, a Deadline for regulatory proposals - in March this was, however, postponed until at least October.

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