Bitcoin global regulation | Bitcointalksearch.org

Brigalabdis

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Quote from: anzhanbei1214068 on March 18, 2018, 10:11:15 AM

Define bitcoin as currency: Australia, Sweden.

It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.

Clearly identified as legal means of payment: France, Japan.

Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.

The first country to recognize the legal status of bitcoin: Germany.

The first country to block bitcoin: Thailand (now a changed attitude)

ICO's country: China, South Korea.

Countries with positive attitudes to ICO: Russia, France.

Japan: embracing reform, licensing, and overall regulation.

Japan, as an innovator in this reform, has been on the cutting edge.

I think some countries needed or must be regulated like for my own state own country which is philippines , i would like to share some experience instead of paying bitcoin as soon as possible as quickly as that, no, we find some atm that somehow accept bitcoin and we do some things that we convert bitcoin to our own currency. And it's more hustle, and so exhausted. And also in some neighbor hood on asia country, but still hoping sooner or later government will recognize the brighter side.

yonjitsu

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Bitcoin global regulation means all countries around the world are already embracing the blockchain technology. I am in favor with crypto regulation rather than my country will ban it. Besides, i will also feel safe and secure with my investment.

InvestICO2L

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Quote from: Sadlife on September 02, 2018, 03:18:53 AM

You forgot to mention Philippines they also have accepted bitcoin as a form of payment although they have put some regulations but bitcoin is still progressing and also other countries will recognize it once they see the benefits of crypto currency as a form of payment and asset. Slowly and surely many crypto related businesses are starting up from institutional investors and merchants around the globe.

Bitcoin is accepted gradually now more than in the past, so as we can see almost all countries around the world know and understand how benefit that this digital currency can bring to life. However, these countries which is still taking regulation on bitcoin because maybe the governments don’t think that they can control a stable life when this coin is accept legally. Obviously, bitcoin or cryptocurrency is notoriously anonymous and highly volatile. If crypto is accept widespread, many benefits as well as drawbacks affect to many people life. Especially, the high risk in this field can cause a big loss for many people. Also, owning to its anonymity, illegal transaction can occur. Thus, maybe with some reasons above make almost all governments do not accept btc.

Nila soru

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Quote from: Cofee.BLUE on October 12, 2018, 03:19:31 AM

Quote from: lelahkenabanned on September 29, 2018, 03:23:11 AM

global bitcoin this regulation seems indispensable for bitcoin circulation of some countries to be used for transactions and can be used to be legal tender and can be used for all payment platforms.

If this is the case, i think the cryptocurrency do not need such regulations. Or somewhat the bitcoin can move on its own, but the thing here is, the people consider much when they seen it legal, they are somewhat conscious to what is going on. Therefore we can say that having global regulation maybe good but somewhat bad.

People are interested in putting their money in cryptocurrency and we know that the future is that of cryptocurrency and others will go down. I need to use bitcoin as my regular currency in my local markets for my daily needs. I am sure that in the near future governments will regularize bitcoin all over the world; even fiat currency will be replaced by cryptocurrency.

changxia

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I have also seen a lot of attitudes about Japan's treatment of cryptocurrencies, and some of their merchants seem to have started using cryptocurrencies as employee wages!

Clemcout

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Quote from: Tecmessa on October 12, 2018, 02:02:18 AM

Is there a general rule for Bitcoin for the US? I haven't seen the topic commenting on this issue.

I think that till date there are no rules for regularization of bitcoin in the US because they also lose control of dollar not only in US but also in the whole world. Dollar is the only acceptable currency all over the world in this day and it is hard for US to let bitcoin legalize and regularize bitcoin in the currency market. Otherwise their dollar domination will dip in the ground.

syamster

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Quote from: Tecmessa on October 12, 2018, 02:02:18 AM

Is there a general rule for Bitcoin for the US? I haven't seen the topic commenting on this issue.

I think this is best question because people really want to know how much our government is interested in making bitcoin legal and allow us to use it, if we will regulate bitcoin so it will be easy to use it at open shops also it will increase the trust of people who are worry because of bitcoin decentralization and because of those who are saying it is just a scam so they will get best reply.

gamalzour

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Does Australia and Sweden make use of cryptocurrency? I mean make use of it as they should a real currency Or was it just legalized in there so that people can buy and sell it without having any problem with the laws? There are countries where cryptocurrency is seen as illegal and making use of it can attract punishment if they government finds out. I just hope that one day it gets to be legal everywhere and be accepted by lots of people.

Whosdaddy

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Quote from: Cofee.BLUE on October 12, 2018, 03:19:31 AM

Quote from: lelahkenabanned on September 29, 2018, 03:23:11 AM

global bitcoin this regulation seems indispensable for bitcoin circulation of some countries to be used for transactions and can be used to be legal tender and can be used for all payment platforms.

If this is the case, i think the cryptocurrency do not need such regulations. Or somewhat the bitcoin can move on its own, but the thing here is, the people consider much when they seen it legal, they are somewhat conscious to what is going on. Therefore we can say that having global regulation maybe good but somewhat bad.

When I got into this newly, people said the reason they use Bitcoin, which is the also the reason why it was made, was for them to have freedom from the government controlling their money. So if that’s really the purpose, why then are we looking for regulation? You know what’s likely to happen if the government get into this so I’m not support of it.

And by the way, we don’t need much people in this, only those who are interested to make use of Bitcoin should be here. I have also noticed that newbies are coming here with the intention of making money and not for the purpose of using bitcoin. I no longer see people that loves Bitcoin, all I see is greedy people who come here cause they think this is a money farm’.

whiteblue

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I think some countries do need regulations that are used to help cryptocurrency in their countries so that sellers can be sure that cryptocurrency has clear and safe regulations used for payment methods, but there are still many countries that have not provided clear regulations for cryptocurrency use and circulation so there are still some countries that consider cryptocurrency an illegal payment.

iMark

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Quote from: Cofee.BLUE on October 12, 2018, 03:19:31 AM

Quote from: lelahkenabanned on September 29, 2018, 03:23:11 AM

global bitcoin this regulation seems indispensable for bitcoin circulation of some countries to be used for transactions and can be used to be legal tender and can be used for all payment platforms.

If this is the case, i think the cryptocurrency do not need such regulations. Or somewhat the bitcoin can move on its own, but the thing here is, the people consider much when they seen it legal, they are somewhat conscious to what is going on. Therefore we can say that having global regulation maybe good but somewhat bad.

I don't think regulation is mandatory because you can still use and invest in Crypto even though there isn't any regulation right? but regulation indispensable for the development of cryptocurrency, mandatory and indispensable are two different things. if there is regulation, it can certainly accelerate the spread and development of crypto

Cofee.BLUE

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Quote from: lelahkenabanned on September 29, 2018, 03:23:11 AM

global bitcoin this regulation seems indispensable for bitcoin circulation of some countries to be used for transactions and can be used to be legal tender and can be used for all payment platforms.

If this is the case, i think the cryptocurrency do not need such regulations. Or somewhat the bitcoin can move on its own, but the thing here is, the people consider much when they seen it legal, they are somewhat conscious to what is going on. Therefore we can say that having global regulation maybe good but somewhat bad.

Tecmessa

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Is there a general rule for Bitcoin for the US? I haven't seen the topic commenting on this issue.

verguat33

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Quote from: ?? on ??

Quote from: samcrypto on March 19, 2018, 06:53:30 PM

Wow, it seems like the whole world are watching cryptocurrency now. A lot of good and bad news, regulations everywhere but in the end cryptocurrency will win and go higher for good. This is the future that we need, and I know many more big people will adopt this system.

If this is the case, i think the cryptocurrency do not need such regulations. Or somewhat the bitcoin can move on its own, but the thing here is, the people consider much when they seen it legal, they are somewhat conscious to what is going on. Therefore we can say that having global regulation maybe good but somewhat bad.

Yeah it is right, with the passage of time more and more countries are accepting bitcoin. In recent past Germany regularize bitcoin. Countries with strong economies are regularizing bitcoin and rests are following them. It will take some time but finally bitcoin will take over the market and the entire world will use only bitcoin as their regular currency even in their local markets.

Fideend

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Quote from: DOH! on October 07, 2018, 05:40:44 PM

Quote from: sirohige on October 04, 2018, 09:06:00 PM

This bitcoin global regulation seems for now to be said as the main condition for being able to use bitcoin for payments or transactions in several countries but actually it doesn't really matter because bitcoin has the purpose of creating a currency that cannot be controlled by anyone.

The general rule of Bitcoin worldwide is essentially unnecessary because it is contrary to the purpose of creating Bitcoin but I think that in order to be able to develop stably the general rules for Bitcoin and cryptocurrency is very necessary. The general rules will be the basis for dealing with fraud cases in this market.

Global regulation is connected with governments and we know that people are using their coins in different parts of the world. Many big companies are accepting bitcoin as their payments. They don’t need government regulations. Time is coming that all the governments will regularize bitcoin as their legal currency and will deal in it. we just need to wait for some time.

DOH!

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Quote from: sirohige on October 04, 2018, 09:06:00 PM

This bitcoin global regulation seems for now to be said as the main condition for being able to use bitcoin for payments or transactions in several countries but actually it doesn't really matter because bitcoin has the purpose of creating a currency that cannot be controlled by anyone.

The general rule of Bitcoin worldwide is essentially unnecessary because it is contrary to the purpose of creating Bitcoin but I think that in order to be able to develop stably the general rules for Bitcoin and cryptocurrency is very necessary. The general rules will be the basis for dealing with fraud cases in this market.

buonty563

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In Indonesia, the ban made by Bank Indonesia is a ban on the use of Bitcoin as a means of payment. Ownership of Bitcoin is basically a digital asset not as a means of payment. Continuous reviews are carried out by related parties to make the right rules for Bitcoin and all virtual currencies.

Marsilius

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Quote from: anzhanbei1214068 on March 18, 2018, 10:11:15 AM

Define bitcoin as currency: Australia, Sweden.

It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.

Clearly identified as legal means of payment: France, Japan.

Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.

The first country to recognize the legal status of bitcoin: Germany.

The first country to block bitcoin: Thailand (now a changed attitude)

ICO's country: China, South Korea.

Countries with positive attitudes to ICO: Russia, France.

Japan: embracing reform, licensing, and overall regulation.

Japan, as an innovator in this reform, has been on the cutting edge.

You’re wrong, no country has plans of making Bitcoin a currency. Yes, some. Of them have interest in Bitcoin but its not in that direction. It can be that they just want to be able to be looking into it closely just to know when things are going wrong and how to trace it. None of them can regulate it and they don’t have intentions of making it their currency.

Grimjule

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Quote from: Heationd on October 02, 2018, 04:49:36 AM

Quote from: putrisa on September 28, 2018, 01:45:09 AM

I think this global regulation for bitcoin might be very much needed but it will take a very long time to overcome the regulation because the existence of this regulation requires an agreement on the head of finance in the country so that regulations can be created and can be used for all countries as an alternative transaction the safest and most comfortable.

Yeah you are right. It is the need of today. Bitcoin regularization will provide ease to the people of the world. When I want to buy something in another country I can pay from my bitcoin wallet easily. There is no need to convert my money for my payment. In the near future we will use bitcoin in our local markets. When all people use bitcoin there will be no tension of price.

Yeah you are right. I am waiting for that time when there would be no paper and fiat currencies and the whole world will use only bitcoin for their expenditures and daily routine expenses. Hope that I will see that cashless world in my life but if would not see that world my children will definitely enjoy cashless local market and will use only bitcoin.

jjohnathn

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Quote from: Evetemot on September 29, 2018, 02:58:27 AM

Quote from: Affilate User on September 25, 2018, 11:23:29 PM

bitcoin global regulation is very influential on the circulation of bitcoin in some countries because this bitcoin is able to be used and can get legality all over the world so there must be clear regulation for the use of bitcoin in all countries, but it shouldn't be too important because it will make circulation bitcoin can't be free anymore.

Global regulation of bitcoin is useful for bitcoin development. The price will also grow when more and more countries accept bitcoin as their regular currency. Physical currency will disappear from the market gradually. Bitcoin will not only take over paper currency market but also fiat currency. When government involve in digital currency they will stop fiat currency for the ease of the people.

bitcoin regulation will mean that Bitcoin will be Centrally monitored and controlled. Bitcoin was made as a decentralized currency and we don’t want it to be recognized in such a way that it becomes centralized.

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