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Topic: Bitcoin global regulation - page 15. (Read 2773 times)

legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
March 24, 2018, 12:43:41 PM
#32
What about the Netherlands? I've read that in some cities there you can even purchase stuff with Bitcoin, aren't they considering any BTC-related specific economic activities?

Don't forget about Belarus. BTC is not only legalized there but also exempt from taxes. I think that OP's list needs a total makeover.

I don't think there will be global regulation of bitcoin or other cryptocurrencies.

Because some countries have declared bitcoin legal, there will always be disagreements between the rules of each country, and I think bitcoin will have a very good future.

So you think that because there are disagreements between countries they will suddenly start working together on crypto regulations? Cheesy Come on, you don't need a degree in history to know that things like that never happen. Just take a look at the current state of affairs between the EU and Russia.
hero member
Activity: 1274
Merit: 622
March 24, 2018, 11:28:05 AM
#31
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.
What about the Netherlands? I've read that in some cities there you can even purchase stuff with Bitcoin, aren't they considering any BTC-related specific economic activities?
legendary
Activity: 1652
Merit: 1057
March 24, 2018, 07:28:24 AM
#30
I do not think it will ever happen to bitcoin global regulation
But it's happening, looking at the link.
You can see description of those countries that are starting to regulate bitcoin on their country.
I do not even see any problem with regulation anyway since all it will do is to usher us into a new era, but if we are talking about the whole global regulating, then that is a whole lot to take in at once.

Most of the countries all over the world will have their own response to the way they see cryptocurrency and we may have to see some top ones regulating, but in general, only few will end up having problems with the idea, and we really do not care, and I am sure they will have a rethink as time goes on.
full member
Activity: 532
Merit: 101
March 23, 2018, 11:18:42 PM
#29
Yesterday one more good news listen through G20 summit as they clearly explained the Crypto regulation at the moment not possible and has no thread to world economical system. so hope BTC will now go up soon.
Governments are just trying to avoid showing their game they are not forbidding cryptocurrencies right now because they are not a threat but we know that in 5 to 10 years cryptocurrencies could become a threat, the question is what are they going to do at that moment? And in my opinion I think they're going to try some kind of ban of cryptocurrencies.
but G20 said cryptocurrency not harmfull for the economical world, so it can to listing in comodities market, because cryptos circulation only 1%.
i think if cryptos development is good, the world can't blocking technology development
newbie
Activity: 140
Merit: 0
March 23, 2018, 09:41:59 PM
#28
I don't think there will be global regulation of bitcoin or other cryptocurrencies.

Because some countries have declared bitcoin legal, there will always be disagreements between the rules of each country, and I think bitcoin will have a very good future.
full member
Activity: 434
Merit: 100
March 23, 2018, 04:19:52 PM
#27
Yesterday one more good news listen through G20 summit as they clearly explained the Crypto regulation at the moment not possible and has no thread to world economical system. so hope BTC will now go up soon.
Governments are just trying to avoid showing their game they are not forbidding cryptocurrencies right now because they are not a threat but we know that in 5 to 10 years cryptocurrencies could become a threat, the question is what are they going to do at that moment? And in my opinion I think they're going to try some kind of ban of cryptocurrencies.
full member
Activity: 392
Merit: 106
March 23, 2018, 05:53:32 AM
#26
The criticism of people and a revolution for freedom against the banking system that is centralized will soon become the only reason for the political power in each country to regulate or think twice a better option for all. The safety of the investors and the human right of each one to choose what is best for them. Bitcoin will not be globally regulate if we do our share.
full member
Activity: 588
Merit: 128
March 23, 2018, 02:30:56 AM
#25
Yesterday one more good news listen through G20 summit as they clearly explained the Crypto regulation at the moment not possible and has no thread to world economical system. so hope BTC will now go up soon.

Hopefully this summit will bring positive trend in cryptoworld, we will see this thing after weeks. A lot of regulations, FUD news happening around the world and the price of the market are really hurting much, now its a good time for a news like this. Hope that many country will support this so we can see bitcoin on its higher level again.

In line with this we surely be in bear market until July when the G20 done talking about regulations and whatever the outcome of it we should anticipate that this year will be tough to cryptos. This is quite frustrating because surely investors will either be attracted or will stay away from it, I mean I don't wanna be pessimistic here but I hope the regulation will bring good fortune to all of us.
hero member
Activity: 3080
Merit: 603
March 23, 2018, 01:14:54 AM
#24
I do not think it will ever happen to bitcoin global regulation
But it's happening, looking at the link.
You can see description of those countries that are starting to regulate bitcoin on their country.
full member
Activity: 658
Merit: 102
March 23, 2018, 01:12:33 AM
#23
Yesterday one more good news listen through G20 summit as they clearly explained the Crypto regulation at the moment not possible and has no thread to world economical system. so hope BTC will now go up soon.
Global regulation of the crypto currency will be unambiguous. Only for this purpose the states need time to determine the nature of the crypto currency. This was also said at the summit of the G20 countries, namely that the crypto currency must be well studied before considering all issues related to its further circulation. That is why they postponed consideration of this issue until July. I have no information that at this summit they said that the crypto currency can not be regulated. As far as I know, they can recognize crypto currency as a financial asset. And this means that they can regulate the crypto currency as any financial asset is regulated.
newbie
Activity: 68
Merit: 0
March 22, 2018, 12:43:50 PM
#22
Since you mentioned "global regulation" in the title, the following link provides more in-depth information (Legality of bitcoin by country or territory).

It's worth adding it to the OP (as a link).


yes sir, now bitcoin prices started to fall in the Indonesian marketplace all that must be a change


ok dad secret thank you for explaining
full member
Activity: 686
Merit: 108
March 21, 2018, 04:56:24 PM
#21
I do not think it will ever happen to bitcoin global regulation, because there will always be an incoherence between the rules of each state .. because bitcoin and crypto are the greatest opportunities for getting clappers, and that's what causes each country to have different rules about regulation bitcoin

Exactly, every country have their own belief about cryptocurrency but I think its good to have a global regulations so we can be more confident that they regulate cryptocurrency for the sake of both investors and a company. More countries will support this technology and I do hope G20 summit is the way to make that happen.
newbie
Activity: 68
Merit: 0
March 21, 2018, 04:31:30 PM
#20
Since you mentioned "global regulation" in the title, the following link provides more in-depth information (Legality of bitcoin by country or territory).

It's worth adding it to the OP (as a link).


yes sir, now bitcoin prices started to fall in the Indonesian marketplace all that must be a change
full member
Activity: 266
Merit: 100
March 21, 2018, 04:18:23 PM
#19
I do not think it will ever happen to bitcoin global regulation, because there will always be an incoherence between the rules of each state .. because bitcoin and crypto are the greatest opportunities for getting clappers, and that's what causes each country to have different rules about regulation bitcoin
Actually he's not pertaining on that, what he is pointing out is the current point of view of different countries towards bitcoin as well as its legality and account.
hero member
Activity: 966
Merit: 501
March 21, 2018, 04:05:38 PM
#18
I do not think it will ever happen to bitcoin global regulation, because there will always be an incoherence between the rules of each state .. because bitcoin and crypto are the greatest opportunities for getting clappers, and that's what causes each country to have different rules about regulation bitcoin
full member
Activity: 224
Merit: 101
March 21, 2018, 08:47:10 AM
#17
from the information that you have write above, there is several country taht have not accept bitcoin. but people who use bitcoin expect global regulation of bitcoin so all bitcoin user can use bitcoin globally.

Joachim Wuermeling of Bundesbank believes there is very little chance of containing this digital global phenomenon with differing national rules across the globe. With international co-operation in regulating Bitcoin comes a chance for regulators to take control, says Wuermeling.

It is clear that Bitcoin and other cryptocurrencies will continue to exist in ways that many regulators disapprove of unless there is a united front on wresting the digital currency economy under global control.
full member
Activity: 658
Merit: 102
March 20, 2018, 03:29:58 PM
#16
Yesterday one more good news listen through G20 summit as they clearly explained the Crypto regulation at the moment not possible and has no thread to world economical system. so hope BTC will now go up soon.
That was yesterday's news. Today there was information that this afternoon the G-20 summit will still discuss the Crypto-currency and may decide to recognize it as an asset. What consequences of this can be, we learn in the coming days, if the information at all is correct.
As for the global regulation of the crypto currency, sooner or later this will happen. It is not worth hoping that the crypto currency can not be regulated.
hero member
Activity: 1008
Merit: 537
March 20, 2018, 11:42:49 AM
#15
and Argentina? what is the position?

Uncertain position yet. G20 meeting is happening at this moment in Argentina. One of the subjects to be discussed is Bitcoin, they are talking about what to do in relation to Crypto-Currency. A member of an argentinian Bitcoin NGO is there, suggesting a "smart regulation" towards Crypto market.
Better to wait the meeting finishes, so we can have updated news about it.

But so far there is hard regulations related talk about bitcoin and blockchain technology. There is good symbol from them and they did not take any serious discussion about crypto currency this time.
I am damn you will not find any hard regulations about the bitcoins this complete meeting.

Hopefully we may find the positive news like Russia's acceptance about bitcoin usage, Australian government bill about bitcoin and etc.
newbie
Activity: 210
Merit: 0
March 20, 2018, 10:35:26 AM
#14
Having a global regulation for bitcoin will be good. I believe it would be helpful as a guide for everyone who are in bitcoin. Having a good and friendly regulation without any compromise to what bitcoin is all about will give a very good trustworthy bitcoin that reaches every country who would accept and invest in it.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
March 19, 2018, 07:22:29 PM
#13
and Argentina? what is the position?

Uncertain position yet. G20 meeting is happening at this moment in Argentina. One of the subjects to be discussed is Bitcoin, they are talking about what to do in relation to Crypto-Currency. A member of an argentinian Bitcoin NGO is there, suggesting a "smart regulation" towards Crypto market.
Better to wait the meeting finishes, so we can have updated news about it.
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