Topic: Bitcoin global regulation - page 2. (Read 2774 times)
This bitcoin regulation should not be too important but for regulation of some other cryptocurrency it might be important because it is for the recognition of the financial authorities in the country, but for bitcoin I don't think it needs regulation.
According to your article we clearly see the number of countries that do not accept Bitcoin as the few. In big countries they see the potential and power of Bitcoin to master the global economy.
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.
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.
That's good news that some countries now recognises bitcoin as currency and also legalizing it. Philippines is also now accepting bitcoin and other altcoins because they encourages fintech to make investment to them.
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 countries where it is not being recognized by the government, but people are still making use of it, well I will say it is legal in those countries since nobody wants to talk about them. And I’m still confused by what you guys mean by Sweden and Australia is the definition of Bitcoin as a currency, are they making use of it there as their conventional currency?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 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. 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 countries where it is not being recognized by the government, but people are still making use of it, well I will say it is legal in those countries since nobody wants to talk about them. And I’m still confused by what you guys mean by Sweden and Australia is the definition of Bitcoin as a currency, are they making use of it there as their conventional currency?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 read that Malta's government was going to become crypto-friendly. It can positively affect the prices! But now the market is half green on coin360, making me confused
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.
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.
How about the NA region?
Is there any report or article about the current status of crypto reputation there?
As far as I remember, US is one of the first country who use the crypto around the market or even the black market. It will be nice if this thread is complete and without any bias report.
Bitcoin is almost impossible to regulate, for this it is necessary to unite all the miners who confirm transactions, and there are millions of such people and they are in many parts of the globe
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.
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.
Different countries have different regulation in cryptocurrency.
This survey report covers 130 countries as well as some regional
organizations that have issued laws or policies on the subject Countries that Have or Are Issuing National or Regional Cryptocurrencies.
https://www.loc.gov/law/help/cryptocurrency/world-survey.php
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.
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. every country wants to regulate crypto. but no one have clear understanding of how to do it. japan and korea took first positive steps to whole ecosystem, i hope other countries shud follow soon
My country has banned but one of my friend told me that every country first investigate bitcoin and see the authentication of the project. When they satisfy themselves they allow their people to trade and invest in bitcoin. Although it will take more time but the end is that after regularization the market value of bitcoin will increase and soon the whole world will use only bitcoin. 
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.
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 countries where it is not being recognized by the government, but people are still making use of it, well I will say it is legal in those countries since nobody wants to talk about them. And I’m still confused by what you guys mean by Sweden and Australia is the definition of Bitcoin as a currency, are they making use of it there as their conventional currency? 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.
The feedback of individuals and a transformation for flexibility against the keeping money framework that is brought together will before long turn into the main purpose behind the political influence in every nation to manage or reconsider a superior choice for all. The security of the speculators and the human right of every one to pick what is best for them. Bitcoin won't be internationally manage on the off chance that we do our offer.
For the foreseeable future, I am sure that more and more countries will legalize the use of bitcoin in their countries. Want it or not they have to accept it because of the development of technology that must include bitcoin in it.
It will eventually when they realize that some countries are making best use of the bitcoin and technology and it is helping their economy as well. This will put pressure on other countries as even they want to grow and make their people more employable and this is a the good field where more jobs can be created.
I.agree with this. There will be no.further growrh of cryptocurrencies and their implementation in economy and society in general without regulation, that is something that is necessary.
More and more countries are realising that fact and they are aware that cryptocurrencies can't be avoided anymore so it's better to put them in some legal framework that everybody can have use of it.
Global regulation is inevitable, it's just the question of time framework when it will happen.
I have seen some news that some companies in Japan have used Bitcoin as a way to pay wages. I think this is an exciting thing. The Japanese cryptocurrency seems to have the best development!
Paying by bitcoin is such a cool thing, but the problem is the fast movement of its value around the world. It will be more difficult if you already have a family to be with. Bitcoin can decrease your daily income at some point and it will be risky to provide all your needs and your family as well. For me, it will be more liable if the bitcoin has a stable value some how. Jump to: