Global regulation for bitcoin is quite a long reach. And it is highly unlikely to happen.
Cryptocurrencies have been heavily adopted due to its decentralized nature and neutral, open technology.
Topic: Bitcoin global regulation - page 5. (Read 2781 times)
Thanks for summarizing all cryptocurrency status all over the globe. It proves how crypto are being popular everywhere and countries adopt it in every different way. The amount of places accepting crypto is also multiplying and means that its growing in a healthier way. Hope my country is next.
global regulation of bitcoin to be kept by the user, it is for the good of each personal so that the system created ran smoothly according the rules.
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.
Let us just hope that bitcoin would have a good impact all though out the world. And it would be accepted worldwide! 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.
Them all may state which bitcoin dealings tend to be unlawful simply because they don't have any investigation whatsoever. They're just stating which since the dealings associated with bitcoins tend to be unknown procedure meaning untraceable plus they do not would like which.
yes, of course this regulation for bitcoin must be there because with the regulation of bitcoin, the people will usually use a lot and will make demand very high and can affect the condition of bitcoin prices.
Pity on us and lucky you are because still even after being so advanced we are not sill receiving bitcoin as salary, it is modern age so I think all of those facilities should our country use, the more we are being famous the more it is being high, so for me regulation of bitcoin was only a dream but now it is our future which is really bright and safe, I hope soon our government will decide to regulate bitcoin.
Japan is a very developed region, they accept all new things, they are a country that advocates Internet technology! But they are rejected by people because of aggression!
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.
This issue has been raised more than once, to regulate bitcoin, all states need to unite and prohibit mining, and this will not happen, since influential people also participate in the world of digital money.
It is hard to have global regulations for bitcoin and cryptocurrencies because not all countries accept it. Like china banned them altogether. Other countries also dont have regulations in place. Hopefully we see more adoption and regulations in future.
I like the idea of having a global rule for Bitcoin because it will help Bitcoin in general and cryptocurrency become more popular and closer to life. But to do that is not easy because there are not too many countries in the world accepting Bitcoin and cryptocurrency. Define bitcoin as currency: Australia, Sweden.
It is clear that bitcoin transactions are illegal: Indonesia
It is clear that bitcoin transactions are illegal: Indonesia
I am from Indonesia
Hopefully Indonesia quickly legalizes bitcoin for transactions like other countries. Although it can still exchange on the market, it will be wonderful if bitcoin can be a tool for buying and selling transactions.
must understand the word wise, and must obey the global rules, because bitcoin is not arbitrary that can be just like that
I think bitcoin is in dire need of global regulation because for the use of bitcoin, some of these countries need regulation for the circulation of bitcoin.
It is hard to have global regulations for bitcoin and cryptocurrencies because not all countries accept it. Like china banned them altogether. Other countries also dont have regulations in place. Hopefully we see more adoption and regulations in future.
There will be never a global regulation in regard to bitcoin or other crypto currencies. Declaring bitcoin transactions as illegal does not play much a role if you consider that it is basically an anonymous and decentralized system.
Only two countries aknowledged bitcoin as public currency confirms that it will take another thousand years until probably half of the countries in the world will aknowledge it as well. And that is good, because as long as it is not accepted as a public currency, you do not have to follow the laws that regulate and tax money.
You never know, it is entirely possible that in the future governments are going to feel so threatened by cryptocurrencies and especially by bitcoin that they will pass laws in order to ban it, but as long as there is one single country that allows the transaction of cryptocurrencies then everything is going to be fine, and those that are whales could even move there and use their bitcoin without problems. Only two countries aknowledged bitcoin as public currency confirms that it will take another thousand years until probably half of the countries in the world will aknowledge it as well. And that is good, because as long as it is not accepted as a public currency, you do not have to follow the laws that regulate and tax money.
yes, of course this regulation for bitcoin must be there because with the regulation of bitcoin, the people will usually use a lot and will make demand very high and can affect the condition of bitcoin prices.
Japan has always been a country that focuses on new things. When cryptocurrencies appeared, Japan accepted and some of their merchants began to use bitcoin as a salary!
bitcoin regulation is actually that bitcoin will never be able to have any kind of regulation because the regulation is because bitcoin is created to have a goal that creates a coin that cannot be controlled by anyone so if there is regulation for bitcoin it seems that bitcoin has failed.
rules or regulations for bitcoin should not be too needed because actually bitcoin was created because it has a mission to not be able to control the price of any bitcoin but there are so many who ask about regulation because it is used to buy something you want in your country.
Bitcoin itself has its own privacy and anonymity to ensure the privacy of the investor so I think there should be only legal regulations to limit fraud in this market instead of creating global regulation.
Nations still remain divided on the topic of bitcoin global regulation, and adoption is still debatable. I think, it's not that they are averse to the idea that it can be beneficial for them, but more of, their financial sectors are afraid that if bitcoin becomes a crucial currency, the tendency of lack of control on their part is high, and control entails power. Who would want to lose power anyway? But I strongly believe that if things are meant to be, they will be. No one can stop bitcoin from taking over the global market, thus there is really a great need for proper regulation of the market, and I believe it will not take long.
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