The Good Tech Companies - Top 5: Countries With More Venues Accepting Cryptocurrencies

Episode Date: December 15, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/top-5-countries-with-more-venues-accepting-cryptocurrencies. Discover here five countries wh...ere crypto isn’t just digital: it’s part of daily life, with thousands of places ready to accept your coins. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #crypto-friendly-countries, #crypto-friendly-nations, #crypto-adoption, #crypto-adoption-in-venezuela, #crypto-in-the-us, #bitcoin-adoption, #obyte, #good-company, and more. This story was written by: @obyte. Learn more about this writer by checking @obyte's about page, and for more stories, please visit hackernoon.com. More and more venues around the globe are accepting crypto as payment. The most active cities are Milan and Rome, where cafés, hotels, restaurants, tech shops, clinics, and a growing fleet of Bitcoin ATMs make spending crypto straightforward for visitors.

Transcript
Discussion (0)
Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Top 5. Countries with more venues accepting cryptocurrencies, by Obite. Wouldn't it be nice to go to your closest store or even to another country and pay in any crypto of your preference, without exchanging for local currency? There are some countries and cities where you could do this, at least, in a lot of available stores that accept different coins. From cafes and hotels to cinemas and even clinics, more and more venues around the globe are accepting crypto as payment. Determining the exact number of these outlets is a difficult task,
Starting point is 00:00:35 though. Sometimes, reality doesn't pair well with whatever we can research online. It can happen that a particular store stopped accepting crypto a while ago, and IT can also happen that there are new ones around with little online presence, but actively taking crypto payments. We'll check here the five countries with more venues accepting crypto coins according to BTC Map and Bitcoin Map. It's important to consider that this data isn't fully accurate for a number of reasons, but it can work as a guide to the things we can find if we visit these places. Let's go, Italy. Italy sits in the heart of the Mediterranean Sea in Europe and is known for its art, food, and rich history. It's also on the crypto map. BTC map lists around 183 venues across the country that accept crypto, while Bitcoin
Starting point is 00:01:20 map shows 194 locations. The most active cities are Milan and Rome, where cafes, hotels, restaurants, tech shops, clinics, and a growing fleet of Bitcoin ATMs make spending crypto straightforward for visitors. Regulation has moved fast. The EU markets in crypto assets, Micah, regulation, entered into force in June 2023, and its key rules started applying in mid and late 2024, with full application phases targeting late 2024 and beyond. It requires exchanges, wallet providers, and stable coin issuers to register, meet capital and transparency standards, and protect client assets. Existing operators can keep running temporarily if they apply for full authorization. If you travel to Italy with crypto, you can expect a mixed experience. In major cities, you'll find
Starting point is 00:02:10 Bitcoin ATMs and businesses happy to accept cryptocurrencies, while outside of them, acceptance is less common. Besides, talking about taxes, gains from selling or exchanging crypto assets are subject to a substitute tax of 26%. From the 1st to January 2026, the rate underscore underscore is set to rise underscore underscore to 33%. Not exactly a tax haven, but popular with crypto nonetheless. Venezuela, this country is located on the northern coast of South America and is known for its oil reserves, natural beauty, and current economic struggles. Because of the latter, crypto has found a strong foothold there. According to Bitcoin Map, about 1,000,000, 388 venues of all kinds except cryptocurrencies, while BTC map lists 160.
Starting point is 00:02:58 Caracas and Barquis Amedo lead the way, with restaurants, electronics stores, and small markets accepting Bitcoin and stablecoin payments. This grassroots adoption has made Venezuela one of Latin America's most active crypto hubs. Crypto regulations in Venezuela are complex and tightly tied to the government's control. In 2017, the National Superintendency of Crypto Assets, SUNs, an ACRIP was created to oversee digital assets, exchanges, and mining. In 2019, it issued rules requiring registration and licensing for crypto activities, which were early followed. However, in March 2023, the Maduro administration intervened in Sunacrip amid a major corruption scandal
Starting point is 00:03:41 linked to oil-backed crypto operations, leaving the legal environment uncertain. Travelers using crypto in Venezuela can find local businesses open to paymentine Bitcoin or USDT. particularly through the exchange Binance. Outside big cities, usage drops and conversion to Bolivare's, the national currency, can be unpredictable. Taxes on crypto transactions underscore underscore were announced underscore underscore underscore in 2022 with rates up to 20 percent, but enforcement is inconsistent and tied to an administration that lacks international recognition. El Salvador. El Salvador is a small Central American country, best known for its beaches, volcanoes, and coffee. It's also become famous for its bold embrace of cryptocurrency, so it had to be on our list. According to
Starting point is 00:04:27 BTC Map, around 1,441 venues across the country except crypto payments, while Bitcoin Map lists only 8, which seems more a matter of incomplete listings than lack of adoption. The most active cities are San Salvador and Berlin, the latter known for ITS circular Bitcoin economy where many shops, cafes, and hotels except crypto. The country made history in 2021 by passing the Bitcoin law that made Bitcoin legal tender alongside the U.S. dollar. However, in May 2024, the Legislative Assembly revoked Bitcoin's legal tender status, citing the need for monetary stability, though use of the cryptocurrency remains common for daily transactions and tourism. The government still supports Bitcoin infrastructure through
Starting point is 00:05:12 the Chivo wallet and related projects. Travelers in El Salvador can pay with Bitcoin in many places, from beach towns like El Zanti to shopping malls in San Salvador, where, Bitcoin ATMs are common. Additionally, Bitcoin investors underscore underscore are exempt underscore underscore underscore from capital gains tax, and foreign investors enjoy similar benefits when using crypto in the country. Brazil. Brazil, the largest country in South America, is also one of the region's most dynamic crypto markets. According to BTC Map, the country has around 2,357 venues accepting crypto payments, while Bitcoin Map lists 96. The most active cities are Sao Paolo and Rollante, named state capital of Bitcoin, where restaurants,
Starting point is 00:05:57 taxi drivers, hotels, clinics, and even lawyers welcome Bitcoin and other digital assets. Brazil's main regulatory framework came with Law 14, 478-2nd2nd2nd, approved in 2022 and effective from 2023. It defines digital assets, sets rules for service providers, and assigns the Central Bank of Brazil as the main authority for crypto supervision. The law requires exchanges and custodians to obtain authorization and follow anti-money laundering standards. The Brazilian Securities Commission, CVM, overseas tokens considered securities. For travelers in Brazil who use crypto, you will find many gateways and payment options, especially in major cities. When it comes to taxation from 2025, a flat tax rate of 17. 5% applies to all crypto.
Starting point is 00:06:48 gains, replacing prior exemption sand limits. We can say that, at least, it's much lower than Italy's. United States, the United States of North America is one of the largest crypto markets in the world. According to BTC Map, there are around 2,494 venues accepting cryptocurrencies, while Bitcoin Map lists an impressive 28,149. New York and Washington lead in adoption, with all kinds of stores and services. Regulation in the U.S. is complex and spread across several agencies. The Securities and Exchange Commission, SEC, treats many tokens as securities, while the Commodity Futures Trading Commission, CFTC, classifies Bitcoin and Ether as commodities. Rules are also influenced by state laws,
Starting point is 00:07:35 such as New York's Bitlicense introduced in 2014 to oversee exchanges and custodians. This overlapping frameworks create both protection and complexity for users and businesses. Travelers in the U.S. can use Bitcoin and stablecoins in most cities, not just major ones. The Internal Revenue Service, IRS, treats cryptocurrency as property, meaning gains are subject to capital gains tax, from 0% to 20%, similar to stocks. Users must report profits or losses when selling or spending crypto if they reside in the country. More crypto adoption.
Starting point is 00:08:10 When we talk about crypto adoption, the numbers can tell very different stories depending on what is being measured. According to Chainelisys' 2025 Global Crypto Adoption Index, the top five countries are India, the United States, Pakistan, Vietnam, and Brazil. Their ranking is based on on-chain data and transaction volumes across centralized exchanges, peer-to-peer markets, and defy platforms. That means a country can rank high in crypto use without having many physical businesses accepting it. This explains why maps showing venues that accept crypto payments don't always align with these rankings. A nation might have thousands of crypto-friendly cafes and stores yet show lower on adoption charts, while another with fewer venues might lead because of investment activity,
Starting point is 00:08:55 remittances, or savings in stable coins. In many cases, people use crypto more for transferring money, trading, or protecting their assets than for daily purchases. For many users, crypto represents a personal vault rather than a wallet for spending. Decentralized platforms like Obite, which run on a DAG structure without miners or block producers, let users hold and transfer value freely, with no intermediaries or censorship. While businesses that accept crypto or an encouraging sign, true adoption also includes every user choosing this technology for independence, privacy, and financial control. Featured Vector Image by Rapixel.com FreePig thank you for listening to this Hackernoon story, read by artificial intelligence.
Starting point is 00:09:39 Visit hackernoon.com to read, write, learn. and publish.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.