There is no reason to say that Bitcoin is a global currency. Bitcoin is currently being used in most countries of the world. But Bitcoin is not valid in all countries, some countries have banned it. Yet, the use and control of Bitcoin is growing worldwide. Russia, Japan, Germany, South Korea, France, America, and many countries including Bitcoin have much to use and control.
Bitcoin is no doubt being used by so many people living at different places of the world but the fact is still, you can’t say bitcoin as the global currency as none of the government of any of the county has so far declared it as a legal currency which is the most basic condition for the bitcoin to be the global currency. It needs a lot of time for things to be this much good and that we need to stay patient by then. 
Topic: Bitcoin global regulation - page 9. (Read 2773 times)
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.
This would help really a lot. Such bad things on using crypto would got no more place to exist and the good way would stand out. Regulating users would probably changes a lot of things it may be for a price that would hike soon as its gets regulated or the worst if it turns out to drop. Making money needs to be regulated because making money attracts people to do some unneccessary things just to have bulk on their rather than having it little by little in a good way.
Globally it look like, when you not push bitcoin in goverments money you are - good boy. 
In other situations you must know about many different tax law, that's other
in each country.
At nowaday i don't know portal what give good knows about global regulation of bitcoin and crypto.
Your all points are informative and useful for us to know you are right to make it regular we should first notice the worth of bitcoin in that country . if government of almost all counties will combine together it am sure they will make bitcoin universal regular currency and this way we will become able to get more profit from bitcoin. I think every country should announce bitcoin regular for better economical state it is all about the fine interest of users and the investors, In other situations you must know about many different tax law, that's other
in each country. At nowaday i don't know portal what give good knows about global regulation of bitcoin and crypto.
But Bitcoin is not valid in all countries, some countries have banned it.
Valid according to who, governments not wanting you to enjoy financial freedom? If you accept Bitcoin, regardless of the laws in your country, it's valid.Can bitcoin ever be accepted globally and how would that affect the financial sector?
It is still possible for cryptocurrency to be recognized around the world but it takes time, maybe in the future we can freely enjoy this kind of technology. Can bitcoin ever be accepted globally and how would that affect the financial sector?
It is just a matter of time as bitcoin and the rest of the crypto currencies will prove their worth in the future as the number of investors who are willing to invest a portion of their income into the crypto currencies is increasing and that we can really hope that things will then turn in favor of the crypto currencies. if this thing happens, then this will affect the economic condition of the entire world in much better way. 
But Bitcoin is not valid in all countries, some countries have banned it.
Valid according to who, governments not wanting you to enjoy financial freedom? If you accept Bitcoin, regardless of the laws in your country, it's valid.Yet, the use and control of Bitcoin is growing worldwide. Russia, Japan, Germany, South Korea, France, America, and many countries including Bitcoin have much to use and control.
Control is a relative term. Regulations only reach the centralized part of this market, which isn't a big deal since no one is being forced to use any service within that centralized circle. People have actually started to move away from anything that's centralized due to regulations, so as always, it's action equals opposite reaction. Bitcoin allows people and businesses to counter everything the government forces through, which wasn't possible before. 
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.
This would help really a lot. Such bad things on using crypto would got no more place to exist and the good way would stand out. Regulating users would probably changes a lot of things it may be for a price that would hike soon as its gets regulated or the worst if it turns out to drop. Making money needs to be regulated because making money attracts people to do some unneccessary things just to have bulk on their rather than having it little by little in a good way.
There is no reason to say that Bitcoin is a global currency. Bitcoin is currently being used in most countries of the world. But Bitcoin is not valid in all countries, some countries have banned it. Yet, the use and control of Bitcoin is growing worldwide. Russia, Japan, Germany, South Korea, France, America, and many countries including Bitcoin have much to use and control.
Globally it look like, when you not push bitcoin in goverments money you are - good boy.
In other situations you must know about many different tax law, that's other in each country.
At nowaday i don't know portal what give good knows about global regulation of bitcoin and crypto.
In other situations you must know about many different tax law, that's other
in each country. At nowaday i don't know portal what give good knows about global regulation of bitcoin and crypto.
Can bitcoin ever be accepted globally and how would that affect the financial sector?
It would be a while before bitcoin and other crypto currencies can be regulated globally.
Only a couple of countries have acknowledged crypto. For now it is not under financial regulations and taxations, which has its advantages and disadvantages.
Only a couple of countries have acknowledged crypto. For now it is not under financial regulations and taxations, which has its advantages and disadvantages.
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.
Global regulation would revolutionize bitcoin as we know it, making it an accepted currency for trading. It would favour the top dealers generally, but with tax reforms e.t.c... Some would lose out.
Traders are already investing in bitcoin to earn money even with the very low amount of regulation that we have, also bitcoin is already an accepted currency for trading you only need to look at any exchange and the huge volume that they have, regulation is not meant to help bitcoin, governments are going to try to impose regulation in order to control the market but no matter what they do they will never be able to completely control it. 
Global regulation would revolutionize bitcoin as we know it, making it an accepted currency for trading. It would favour the top dealers generally, but with tax reforms e.t.c... Some would lose out.
Bitcoin is not a centralized crypto currency to see the coin regulated as whatever they want mate. If the bitcoin is been regulated also they can do until the coin has comes to the trading site which is based on the country you part of it.
If you use exchange like localbitcoins to change the bitcoin into fiat cash then how it is possible with the regulation nothing works dude.
Do not share the ID documents with the trader if they requested to share with them. Instead of you check with someone who is not looking for the ID verification.
Global regulation would revolutionize bitcoin as we know it, making it an accepted currency for trading. It would favour the top dealers generally, but with tax reforms e.t.c... Some would lose out.
I think bitcoin global regulation may fail to make any official office of bitcoin Bitcoin is the most powerful decentralized currency in digital world and every one like to work on this blockchain technology Bitcoin demand and need is increasing and it is also attached with bank accounts in developed countries and allow you to take any financial action by using bitcoin and the time to close when bitcoin will considered as an official currency in future,
This is somewhat an idea which would be like the most of the common user of crypto but to whales this is not a good idea, if you are regulating some thing then you should hover all of the information regarding to transaction and the blockchain will be widely open, whales doesn't support the way that clearer transparency should be regulated. We are decentralized, but there are countries working it to be centralized.
Bitcoin global regulation in an unified manner might take place when the bitcoin gains good support from the governments functioning around the world. In specific when there is a global regulation, automatically the price will increase due to the increased demand from the common people. Similarly it might also begin to function as a centralized system.
What it would take for other countries to allow Bitcoin though, if currency is being primarily aimed and other government would just see it as an investment rather than a medium to pay expenses? Does it need to be more stable in price? I am quite happy that major countries supported these. Japan? They were the one that used Bitcoin to its fullest, so it is like a lock-in that Bitcoin is stable already there.
Too much change in the prices and too much volatility is another factor why people are not using it for mainstream payment method. Also all the governments at his moment wants to regulate bitcoin so that they may have some control over bitcoins and digital currency.
No matter what regulations they implement, bitcoin can't be controlled in the true sense.
What it would take for other countries to allow Bitcoin though, if currency is being primarily aimed and other government would just see it as an investment rather than a medium to pay expenses? Does it need to be more stable in price? I am quite happy that major countries supported these. Japan? They were the one that used Bitcoin to its fullest, so it is like a lock-in that Bitcoin is stable already there.
Too much change in the prices and too much volatility is another factor why people are not using it for mainstream payment method. Also all the governments at his moment wants to regulate bitcoin so that they may have some control over bitcoins and digital currency.
No matter what regulations they implement, bitcoin can't be controlled in the true sense.
It is just the matter of time which will settle down the things for all of us and that after some time, we will be able to see much better reputation of the crypto coins and more regulation in the entire world.
Jump to: