Countries Comparison

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4 of 6 countries
Bermuda (/bərˈmjuːdə/; historically known as the Bermudas or Somers Isles) is a British Overseas Territory in the North Atlantic Ocean. The Bermuda archipelago consists of 181 islands with a total land area of 54 square kilometres (21 sq mi). The closest land outside the territory is in the US state of North Carolina, approximately 1,035 km (643 mi) to the west-northwest. Bermuda has a sub-tropical climate, with mild winters and warm summers. Prone to hurricanes,[5] its climate also exhibits oceanic features similar to other coastal areas in the Northern Hemisphere, with warm, moist air from the ocean ensuring relatively high humidity and stabilising temperature. Bermuda is named after Spanish explorer Juan de Bermúdez, who discovered the archipelago in 1505. The islands have been permanently inhabited since 1612, and, forming part of British America, became a crown colony in 1684. The first African slaves arrived in 1616, but as the slave trade ceased by the end of the 17th century, the colony developed into a base for merchants, privateers, and the Royal Navy. More recently, tourism has been a significant contributor to Bermuda’s economy. After World War II the territory became a prominent offshore financial centre and tax haven.

GDP

$7.48 Billion

Population

63.9 Thousand

GDP per capital

$117.1 Thousand

Last Updated: 31 October, 2022

Bermuda

  • Green
Last Updated: 31 October, 2022

United Kingdom

  • Yellow
Last Updated: 31 October, 2022

South Korea

There is no Banking Data
Last Updated: 1 November, 2022

India

There is no Banking Data
Last Updated: 1 November, 2022

Denmark

General Adoption: While noting that a draft proposal for the Regulation on Markets in Crypto-assets is currently being processed at the level of the EU legislature, the Danish legislature has not announced or proposed any specific changes to the legal framework to regulate virtual currencies. Statistically speaking, Cryptocurrency is not very common in Denmark as a recent research shows that only 4% replied that they had an experience with it. The adaptation is not very high on the matter.
Last Updated: 31 October, 2022

Italy

General Adoption: The adaption of crypto has been a priority for the elected government in Italy.
Last Updated: 1 November, 2022

Singapore

Cryptocurrencies in Singapore are Not legal tender, although it requires registration with the Monetary Authority of Singapore, Crypto exchange is considered Legal.
Last Updated: 31 October, 2022

United Kingdom

Cryptocurrencies are not regulated in the U.K., meaning people are not protected by consumer protection laws if their funds are lost for any reason — for example in a hack on an exchange.
Last Updated: 31 October, 2022

Brazil

The Brazilian government is trying to pass a bill about Cryptocurrency. The bill would force virtual asset service providers to follow rules of communication of financial transactions, with identification of customers and recordkeeping. The bill would also increase the penalty for money laundering crimes using virtual currencies. Brazilian tax laws do not provide for specific provisions regarding cryptocurrencies. Taxation follows general applicable rules to movable goods.
Last Updated: 22 March, 2023

Brazil

The Brazilian government is trying to pass a bill about Cryptocurrency. The bill would force virtual asset service providers to follow rules of communication of financial transactions, with identification of customers and recordkeeping. The bill would also increase the penalty for money laundering crimes using virtual currencies. Brazilian tax laws do not provide for specific provisions regarding cryptocurrencies. Taxation follows general applicable rules to movable goods.
Last Updated: 22 March, 2023

Brazil

There is no Trading Methods Data
Last Updated: 22 March, 2023

Brazil

There is no Trading Methods Data
Last Updated: 22 March, 2023

Brazil

eToro, CoinMama, bitpanda, CEXio among the traditional Binance and Crypto.com.
Last Updated: 22 March, 2023

Brazil

eToro, CoinMama, bitpanda, CEXio among the traditional Binance and Crypto.com.
Last Updated: 22 March, 2023

Brazil

RFB Normative Ruling No. 1,888/19 requires cryptoasset exchanges to disclose specific transaction data from its clients, including information such as parties involved in the negotiation of assets, related dates, addresses of the remittance and receiving wallets, amounts and fees involved. Parties engaging in sales must also file disclosure information if monthly amounts exceed the sum of BRL30,000 (USD5710.81 12/02/22).
Last Updated: 22 March, 2023

Brazil

RFB Normative Ruling No. 1,888/19 requires cryptoasset exchanges to disclose specific transaction data from its clients, including information such as parties involved in the negotiation of assets, related dates, addresses of the remittance and receiving wallets, amounts and fees involved. Parties engaging in sales must also file disclosure information if monthly amounts exceed the sum of BRL30,000 (USD5710.81 12/02/22).
Last Updated: 22 March, 2023
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