Topic: Bitcoin legal and illegal countries - page 4. (Read 5153 times)
All those countries have dictatorial system...they dont give their people the chance to Exit dependency and this is why they ban bitcoin
It doesn't matter which country allows or not, It means they are taking it seriously. Most of the countries have already taken some measures on behalf of the blockchain system. some are taking it as one of the main concern of the monetary sector. So legal and illegal doesn't carry any importance in this blockchain aspect.
Day by day Blockchain system is getting popular around the world and people are also getting involved in this platform for their present and future purpose. So it's a matter of time when Bitcoin and blockchain will be the mainstream for sure.
Day by day Blockchain system is getting popular around the world and people are also getting involved in this platform for their present and future purpose. So it's a matter of time when Bitcoin and blockchain will be the mainstream for sure.
As long as the currency has no regulation it will stay illegal to some country.
This is a fact, there are some or there are economy that will be affected if they will let the BITCOIN circulate in their country.
To be safe, they want it to be regulated first!
This is a fact, there are some or there are economy that will be affected if they will let the BITCOIN circulate in their country.
To be safe, they want it to be regulated first!
Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.
Bitcoin countries to get legitimacy:
Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .
Bitcoin Cancellation Countries:
Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...
Bitcoin countries to get legitimacy:
Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .
Bitcoin Cancellation Countries:
Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...
If you look at the list of countries abolishing the legitimacy of Bitcoin - it's poor and impoverished countries. The governments of these countries are just afraid that Bitcoin prevents them from controlling people. Bitcoin gives people freedom - the freedom impermissible by the standards of those countries.
Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.
Bitcoin countries to get legitimacy:
Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .
Bitcoin Cancellation Countries:
Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...
Bitcoin countries to get legitimacy:
Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .
Bitcoin Cancellation Countries:
Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...
In my opinion, the doubt in the legitimacy of bitcoin is a common issue on digital currency since bitcoin and other coins do not have an appereance like the fiat. On my research, there are big countries that consider the bitcoin such a United States, Canada , Australia ans etc. and of course there is also a country that banned bitcoin because of the said issue or they didn't want investors and/or they didn't consider bitcoin for investments such as China, Vietnam, Russia and etc.
Last update news about bitcoin in my country Indonesia become legal transaction, last week our government have announced about bitcoin become legal transaction and it give more distributed bitcoin will be on higher price later.
Hi Jimskiy, I have updated information for the legality of bitcoin in Indonesia. Please see this link https://bitcointalk.org/index.php?topic=5101473.0;all there I also provide a link to the legality document along with the rules for creating a cryptocurrency trade exchange.
I think when we talk about legal and illegal countries in bitcoin is a matter of choice and depends on different company who using it. The way of payment is very easy which only needs few minutes on it as long internet connection have high signal. But it is good to use it with consent to each leaders of the country in order to make it legal. I am sure it will happen soon because bitcoin is popular nowadays.
legal and illegal bitcoin is something that has become a decision of that country. maybe now we can see if there are legal and illegal countries, but this might change at some time.
There are some countries that prohibit the use of Bitcoin, so that Bitcoin becomes illegal in that country, but most countries in the world do not prohibit the use of Bitcoin, so Bitcoin is free to use in that country, as long as it does not violate applicable laws. There are always those who support Bitcoin and there will always be those who oppose Bitcoin, but in the end Bitcoin still shows strength and will never be lost or destroyed from the circulation of crypto currencies.
Got that point., there's really some countries who never intimate with bitcoin transactions as long as they are not breaking any rules inside that
place they will not do anything harm, for those who oppose they needed to learned what would be the functions that bitcoin can help them to lessen
transactions process and start to believe that it will help them just need to make a good rules basing from its usage.
Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.
Bitcoin countries to get legitimacy:
Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .
Bitcoin Cancellation Countries:
Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...
Those countries who have cancelled Bitcoin into their places maybe still do not understand the essence of Bitcoin which is their right to decide because legitimacy of Bitcoin for them seems to be still questionable. It is hard to explain to them to believe Bitcoin's legitimacy but the good thing we must keep in focus is that there are still lots of countries who still believe into Bitcoin's legitimacy. There is still a long time for them to be convinced whether they will believe or not. Bitcoin countries to get legitimacy:
Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .
Bitcoin Cancellation Countries:
Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...
I want to know you get the source information from the beginning? I think your information is inaccurate !
For what reason have you said that?as i have checked now the data is accurate so other explanation for this?But i am happy that many countries from asia has this legitimacy proposal,so we will have to wait sooner for adoption.and also those who canceled theirs are maybe reviewing their position and may appear positive in future
Last update news about bitcoin in my country Indonesia become legal transaction, last week our government have announced about bitcoin become legal transaction and it give more distributed bitcoin will be on higher price later.
woah really ? thats cool . im aware and if im not mistaken , i saw a post last year ( i think ? ) they say that crypto is ban on indonesia but im now happy to see that they are now unbanning cryptos again . this might be the reason on why the crypto market is starting to recover again and not only that , this event can make an influence to the price of cryptos on the latter stage .
i just hope that the unabanning of cryptos can also be adopted on other stricter countries that banned cryptocurrencies before . luckily our country is not involved on these restrictions .
Last update news about bitcoin in my country Indonesia become legal transaction, last week our government have announced about bitcoin become legal transaction and it give more distributed bitcoin will be on higher price later.
woah really ? thats cool . im aware and if im not mistaken , i saw a post last year ( i think ? ) they say that crypto is ban on indonesia but im now happy to see that they are now unbanning cryptos again . this might be the reason on why the crypto market is starting to recover again and not only that , this event can make an influence to the price of cryptos on the latter stage .
i just hope that the unabanning of cryptos can also be adopted on other stricter countries that banned cryptocurrencies before . luckily our country is not involved on these restrictions .
I think the OP only provides information that is not full, some of the data mentioned has changed. Maybe the most accurate and up-to-date data is on coindance. There provides some information about the rules of bitcoin as money or as a commodity. https://coin.dance/poli
I think this information is very useful. And I think bitcoin will still grow more than now. Only hope
Well, there are still lots of countries around the globe that banned or have Bitcoin illegal. It is just that I am fortunate that the country where I belong made use of crypto currencies and is one of those Bitcoin countries that get to legitimacy.
Last update news about bitcoin in my country Indonesia become legal transaction, last week our government have announced about bitcoin become legal transaction and it give more distributed bitcoin will be on higher price later.
for some countries that are still lagging behind in the field of education, economics and technology they have not been able to provide facilities and infrastructure especially in the case of the internet, and not ready for global economic developments so as to maintain the economic stability of the country that is still conventional based they do not legalize bitcoin in the country
Indeed, perhaps those countries are not ready yet, or doesn't have facilities to access this thing, or it is out of their priority. Bitcoin has been widely use across the world and that means it also been used in a wrong way which make it notorious and banned on other countries.
Bitcoin is a digital currency, it is not included in the list of prohibited items, so bitcoin in any country is legal. the problem is if the emerging country does not support bitcoin to be used as a medium of exchange, but the state still includes bitcoin in the category of assets or commodity items that can be traded.
There are some countries that prohibit the use of Bitcoin, so that Bitcoin becomes illegal in that country, but most countries in the world do not prohibit the use of Bitcoin, so Bitcoin is free to use in that country, as long as it does not violate applicable laws. There are always those who support Bitcoin and there will always be those who oppose Bitcoin, but in the end Bitcoin still shows strength and will never be lost or destroyed from the circulation of crypto currencies.
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