the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)
Bitcoin is illegal in some country because I think that their government is very strict specially in their security in their country. Like China, Morocco and etc,their government banned bitcoin even if sometimes they not understand the advantages or good thing in bitcoin.They think that bitcoin will used in crime and in terrorism so they decided to banned the bitcoin in their country. 
Topic: Bitcoin is illegal in some country - page 5. (Read 1786 times)
the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)
I think the reason many small countries are banning bitcoin transactions because their country is still very insignificant about bitcoin, so many people in their country who do not understand about bitcoin, so it can be used and used by people who are not responsible, therefore the government decided to ban the bitcoin of their country
The number 1 is China but i think it will temporary many chinese love bitcoin and they invest all of their money to bitcoin here in my country bitcoin is recognizes as a legal.
in my country bitcoin still considered illegal and make a ban to make payments using bitcoin, the reason is still I do not know for sure
Yes some countries are ban on bitcoin like China, Bangladesh, Bolivia, Ecuador, Kyrgyzstan, and Nepal.
guys i have question regarding this OP!
for exemple if i live in Morocco, and Crypto is banned,
can i sell my crypto for USD(bank transfert) in exchange website like bitstamp or any other to receive money in bank ? without any problem even if crypto is ban ? or i will be in trouble.
what ban exactly mean in this situation ?
for exemple if i live in Morocco, and Crypto is banned,
can i sell my crypto for USD(bank transfert) in exchange website like bitstamp or any other to receive money in bank ? without any problem even if crypto is ban ? or i will be in trouble.
what ban exactly mean in this situation ?
the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)
Its because the those government pretend bitcoin as a threat for their national currency, but why many developed countries are accept bitcoin? I think those countries who ban bitcoin must change their regulation.
:'(Yes, some governments do not recognize bitcoin, but this does not negate the value of it
Yes, in China, for example, bitcoin is illegal. 
Yes bitcoin can be deemed illegal by whatever nation or state but that is there choice and it is not a good one. The reason for that is because they are segregating themselves from the rest of the world. BTC can be used all over the world and if you try and make people scared of it or regulate it and tax it then people aren't going to want to build anything there. People can still get away with using it though, that doesn't matter.
This is a link from newsbtc and posted recently 4 days ago Nov 18.They mention Bangladesh, Bolivia, Ecuador, Kyrgyzstan, and Nepal are banned in this country.
Heres the link for more info. https://news.bitcoin.com/five-countries-where-bitcoin-is-illegal/
I think you need to reconstruct your post because it is misleading, countries is not banned by other countries because they can't go to that country, maybe it is the people you are talking about? or bitcoin. Please clear it out.
the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)
There is a lot of countries that banned bitcoin and obviously if it is banned you are punished for using it. Still there are some people who uses bitcoin despite of being banned to their country. I don't know the reason they banned bitcoin but I know for some reason that they do not want crypto currency circulating into their country.
We can't do something to this matter, bitcoin is not a currency that will bring down economy but it also helps, I do not know why do they need to ban this currency because this is really helping people and the country.
Possible Government has not found the good things of Bitcoin to be the legal means of pay ment in those Countries...
the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)
in this world there are countries that legalize bitcoin and some are baned bitcoin, all depend on the government in the country, the presence of bitcoin would have a negative impact and positive impact
the use of the cryptocurrency is illegal in some countries and punishable special at MOROCCO (North Africa)
Yes indeed there are some countries in the world that bitcoin and other cryptocurrencies are banned or illegal. It depends to the government of a certain country because they have the power to ban or legalize bitcoin in their country. But for me, if a country doesnt ban bitcoin, it will help their economy to grow and develop more.
Yes it is in some countries because ... Well more or so bitcoins are causing problems for government in some countries..its.. really something that one can't ignore.. 90% ICO'S are fake and a scam..
People are using bitcoins for illegal purposes now.. for trading cocaine and other drugs..
People are.. Hiding their assets to.. get saved from taxes in countries where bitcoins are.. Not..taxable.
Considering all these things.. bitcoins is banned in many countries and its not something new.. and its usage is illegal..
People are using bitcoins for illegal purposes now.. for trading cocaine and other drugs..
People are.. Hiding their assets to.. get saved from taxes in countries where bitcoins are.. Not..taxable.
Considering all these things.. bitcoins is banned in many countries and its not something new.. and its usage is illegal..
He is legal only in Japan. The rest of the countries are not very positive about it
Hi Katabiamorambe. Please inform yourself before posting this. In a lot of countries, Bitcoin has no official status but is not declared illegal, and more and more countries are Bitcoin friendly (see South Korea, Singapore, Australia). What wikipedia says > https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory 
We can't blame other country's government if they would consider the use of bitcoin illegal because bitcoin is a threat on the current fiat system and might replace it in the future and since it is decentralized government don't have a control on it, that makes them against bitcoin.
I don't bitcoin will be forever illegal in this countries maybe their government don't see yet the good things of bitcoin and what they only knew is the use of it in illegal activities. I hope soon this issue will be resolve because it is not good for bitcoin market to have those negative feedback and it may kill the bitcoin community if many countries will do the same
Why is it illegal? Maybe, there is lack of democracy in these countries?
I never knew its punishable in Morocco, are you sure about that?
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