Undoubtedly, cryptocurrencies like Bitcoin have significantly impacted today’s world. As one of the largest crypto markets, it is widely accepted for many things, such as at online casinos, malls, hotels, restaurants, and even for booking travel tickets.
So, if you’re a travel enthusiast, like traditional fiat currencies, cryptocurrencies can be a feasible digital payment system you use abroad.
Although the widespread adoption of Bitcoin congregates in many European countries, a handful of Eastern countries accept digital currency payments. But some countries like Qatar and China ban the use of cryptocurrency altogether.
So, if you hope to fund your travel plans with cryptocurrencies, you can find some of the latest crypto news here: cryptocurrencyhelp.com
And while you do, below is a list of the best eight crypto-friendly travel destinations to hit.
Austria is one of the top contenders for the most crypto-friendly destination. With several hotels, restaurants, and malls accepting crypto, you can be sure of having a great time in Austria.
Austria’s government and policymakers are so receptive to crypto that it’s invested in fostering the technology of digital assets, blockchain, and distributed ledger technology, amongst others. Also, in Austria, selling crypto for crypto is tax-free.
Canada is another picturesque destination you can consider visiting with Bitcoin, as it has one of the most elaborate rules, regulations, and disclosure requirements when dealing with cryptocurrencies.
Although, officially, Bitcoin and cryptocurrencies, in general, are not legal tender in Canada, there is an ever-increasing network of Bitcoin in the country. It even features Bitcoin-friendly ATMs where you can easily exchange crypto for CAD.
If you have a keen interest in culture, food, and nightlife, the Czech Republic is a destination to consider that is crypto-friendly. Dealings with cryptocurrencies are legal and regulated in the Czech Republic, which plays a vital role in the adoption of it by businesses.
You can pay for even the simplest things, such as watching a movie, renting a bike, or grabbing a coffee with Bitcoin in the Czech Republic.
Italy is a destination well-known for its architecture, fashion, culture, art, opera, and literature. But it is also famous for the government’s effort to boost the adoption of digital technologies, particularly cryptocurrencies.
In Italy, dedicated government schemes are set up to fund digital start-ups with cryptocurrencies as the centrepiece. When you visit Italy, you can easily carry out all your transactions with ease using cryptocurrency.
Japan has a variety of world heritage sites you can indulge in with cryptocurrencies. Its law puts no restriction on the use or investment of cryptocurrencies.
Also, the country covers cryptocurrency custody service providers under the PSA and regulates crypto derivative companies under the FIEA. So, the use of cryptocurrency is safe and accepted by several vendors in high-ranking tourist destinations in Asia.
Slovenia may not be the most popular country in the crypto world, but it is a crypto-friendly destination. The government does not have any specific law restricting the use of cryptocurrency.
Moreover, the country has shown dedication to blockchain technology by constructing the world’s first Bitcoin-friendly shopping centre in Ljubljana. Apart from the iconic BTC City, several other destinations in the country for entertainment and relaxation accept cryptocurrencies.
The United Kingdom is one of the most popular tourist destinations in Europe that is crypto-friendly. It is also a fast-growing leader of the crypto hub in the region.
Unlike other countries’ hesitation to create a regulatory framework for crypto technologies, the UK made up its mind quickly about where it stood and created a bill to give regulators the power to supervise crypto technologies. Today the UK has a robust community of fintech and a vibrant tech ecosystem that makes the integration of cryptocurrencies into the economy a breeze.
As such, several establishments across the UK accept cryptocurrencies, giving them a competitive edge for tourism.
The United States is another leading destination you can consider visiting with a crypto-friendly policy. In the US, several crypto and blockchain companies exist throughout its cities.
So, you can easily find a Bitcoin ATM or businesses that have embraced crypto as a payment option, many of which are bars and restaurants. Amongst these are popular brands like Pizza Patron, Curry Up Now, Spiroto’s Italian Diner, etc.
These eight countries included in this list are only the tip of the iceberg. There are several other crypto-friendly destinations you can consider visiting around the globe today. But this list only includes some of the goals with the highest dynamic mix of tourist attractions and adopting Bitcoin.
The adoption of Bitcoin by businesses is becoming mainstream, and as such more countries will join suit. But only time will tell how the massive adoption of cryptocurrencies will fare against traditional fiat currencies.