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Topic: bitcoin legal or not - page 5. (Read 3205 times)

member
Activity: 112
Merit: 24
https://coingate.com
March 19, 2019, 07:52:35 AM
While some countries are still banning cryptocurrencies, other regions building a legal ground for it. Currently, the 5th AML Directive by the European Parliament is going into force soon. It will prompt the European-based companies that deal with cryptocurrencies (e.g., brokerages, exchanges, etc.) to do more extensive due diligence on their customers, as well as avail of blockchain forensic tools to monitor transactions for possible illicit activities.

Even though regulations of certain level exist now, the new directive will tighten the current legal environment at the expense of crypto-related companies, providing more trust and stability to crypto economies and promoting transparency in crypto space. Most likely, bans will eventually be lifted and some degree of regulations will be applied instead. (more here: https://blog.coingate.com/2019/02/aml-compliance-bitcoin-adoption/) Hopefully, it will be done without interfering with technological progress and helping to accelerate adoption of digital assets both in terms of investment, business and regular use, just like it is done now.
full member
Activity: 966
Merit: 104
March 10, 2019, 11:27:15 PM
Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.
in some countries bitcoin is legalized and some other countries prohibit it. there are also some countries that have not yet determined their response. does not mean it is prohibited. my country still hasn't determined its response. so I'm still free to use it. each country has its own rules mate
Bitcoin and another cryptocurrency are now in varying degrees legal in one hundred and eleven states. This is already a rather impressive figure. Bitcoin is illegal when its circulation is directly prohibited by the state. There are about a dozen of such states. If we compare the number of states where the cryptocurrency is legalized against those where it is prohibited so far, the situation looks pretty optimistic.
full member
Activity: 616
Merit: 100
gik nyareh proyek seteppak pas sepak
March 10, 2019, 06:00:04 PM
all depends on the policy in our country of residence because not all countries prohibit and vice versa because bitcoin is one of the transaction tools that the government cannot interfere in managing as a currency and I live in Indonesia here bitcoin is not legal but the government does not prohibit us from doing transaction and develop cryptocurrency
member
Activity: 518
Merit: 10
March 09, 2019, 08:19:00 AM
I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Well, look how your country refers to the cryptocurrency, in some countries it is prohibited, about my I can say I live in Belarus and it is allowed just do not need to pay taxes until 2021
member
Activity: 315
Merit: 12
March 08, 2019, 10:35:38 PM
Bitcoin is legal or not, it depends upon the country which you resides. In some countries they announced bitcoin is legal, at the same time in few countries they banned. It is decided by the government of the country. It was legal in many countries, if it is legal means then the economic growth of the country will be good. So check whether it is legal or not in your country then use the bitcoin.
Bitcoin has become a much debated currency, besides its very volatile price, many countries also say that bitcoin is illegal. However, in developed countries Bitcoin is declared legal.
From this, what is a concern is where you are, whether it is a country that prohibits or allows bitcoin to be used, it will greatly affect bitcoin, both for trade and investment.
hero member
Activity: 882
Merit: 517
cloverdex.io
March 04, 2019, 03:41:45 PM
Actually bitcoin is not legal in many countries, few countries only now accept bitcoin as legal. It depe ds upon the government of the countries which you live. In your country bitcoin is legal means then you can use it otherwise it is illegal. In your country bitcoin is banned means it is not legal, but in future other countrie will also have more chance to accept bitcoin as legal in their country.
legendary
Activity: 1218
Merit: 1000
February 28, 2019, 10:31:32 AM
Bitcoin is a digital currency that is decentralized and does not have centralized storage so that bitcoin is not managed by any person or government. So that to find out whether legal or not depends on each government in a country. Because to say bitcoin is legal or not depends on each government and certainly every country has a different policy. There are countries that ban bitcoin for certain reasons but there are also countries that allow bitcoin. Even though there are still countries that ban bitcoin, I am sure that in the future all countries will legalize bitcoin because in the future digital currencies cannot be rejected and continue to grow so that all countries must adjust.
member
Activity: 420
Merit: 19
February 27, 2019, 03:09:15 PM
Bitcoin is legal or not, it depends upon the country which you resides. In some countries they announced bitcoin is legal, at the same time in few countries they banned. It is decided by the government of the country. It was legal in many countries, if it is legal means then the economic growth of the country will be good. So check whether it is legal or not in your country then use the bitcoin.
member
Activity: 349
Merit: 10
February 22, 2019, 09:43:25 PM
Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.
Bitcoin is a digital currency that can conduct transactions between countries, both in countries that legalize bitcoin and those that prohibit bitcoin. The system being carried out is peer to peer and decentralized, so that even though being in a country that prohibits bitcoin transactions can still be done because everything happens online.
In developed countries bitcoin is legal, but in many countries that are still poor bitcoin is illegal. So that bitcoin users are divided in some established countries, because the community and its equipment are adequate. In poor countries it is considered illegal for fear of disrupting financial transactions because bitcoin cannot be monitored.
newbie
Activity: 35
Merit: 0
Decentralized platform for food delivery.
February 22, 2019, 10:32:10 AM
I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me

cryptocurrencies are not officially fixed by law, but in some countries it is allowed to use them as a means of payment for goods or services. It all depends on the country.

Food delivery service When Hungry accepts cryptocurrency as payment for goods  https://ico.when-hungry.menu/
full member
Activity: 2268
Merit: 121
#SWGT PRE-SALE IS LIVE
February 20, 2019, 06:56:02 AM
In what country are you living at mate? Legalization of bitcoin and other cryptocurrencies are depends on the country youre living at. Some countries have a total ban on bitcoin and some multiply its opportunities. You can check your local implementation to see whether your country belongs to the good one or to another.
I agree with the above opinion, it is better for you to enter a forum in your home country and ask about legal or not in the forum. because we can ensure that it is more actual than you requested here in general. because each country's criteria are clearly different, but broadly by looking at its development, it can be ascertained that many countries legalize bitcoin, because we know that this development is indeed very advanced, bitcoin is clear and certain has been known in many countries and it is appropriate that the state must follow about developments about bitcoin things, if not left behind by technological developments by other countries.
member
Activity: 588
Merit: 10
February 19, 2019, 11:59:27 PM
..according to the dictionary, Bitcoin is a digital currency in which a record of transactions is maintained and new units of currency are generated by the computational solution of mathematical problems, and which operates independently of a central bank.

..thus, Bitcoin was invented by an unknown person or group of people using the name Satoshi Nakamoto and released as open-source software in 2009. Bitcoins are created as a reward for a process known as mining.

..the inventions of Bitcoins gives oppurtunity to many people to gain wealth because Bitcoin have reach its peak..in my humbly opinion, Bitcoin is legal,many countries accepted bitcoin as mode of transactions,and they do legalized Bitcoin and threated it as an asset..for me, the thing that making Bitcoin as illegeal is that many other people uses Bitcoin in a wrong way,,thus they uses Bitcoin to cover the illegal activities they are doing, they are also uses bitcoin for personal interest in deceiving people in order to steal some other's bitcoin,,this is the cause why some other people threated bitcoin as illegal..but overall,,for me,,Bitcoin is Legal.
sr. member
Activity: 2366
Merit: 267
Vave.com - Crypto Casino
January 25, 2019, 12:51:11 AM
I am new to crypto currency and I don't know the Bitcoin is legal or not plse help me
Maybe it would be better if you really have to join and ask a forum in your country about the legal or not. because it is clear that all countries will have very different interests and rules and are determined separately, not necessarily the same as in your country.
But if seen from its development, almost many countries have legalized it. There are some that are not legalized to be used as legal tender, but for other transactions it is permitted. so that you don't get into trouble it's better not to hesitate to ask questions in forums in your country. so you can follow with no fear.
legendary
Activity: 1372
Merit: 1008
January 24, 2019, 09:20:14 PM
Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.
in some countries bitcoin is legalized and some other countries prohibit it. there are also some countries that have not yet determined their response. does not mean it is prohibited. my country still hasn't determined its response. so I'm still free to use it. each country has its own rules mate


some countries are bitcoin is legal  but  some countries hide transaction because that countries are not legalized the bit coin
It's natural. but over time I'm sure every country will receive technological developments from bitcoin. because in fact each country
will not be able to stem the development of technology. they will certainly accept and legalize it.
For sure they will because time after time bitcoin is getting popular and this popularity is telling governments to try figuring out if they are missing something for not accepting or adopting blockchain and ofcourse bitcoin
Thats right, maybe the government will lose a big chance if the refuse to legalize bitcoin and crypto. the key is mass adoption.
the government will not allow all people to use crypto without rules. regulation will definitely be made in the future
sr. member
Activity: 826
Merit: 265
January 23, 2019, 11:23:36 AM
Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.
in some countries bitcoin is legalized and some other countries prohibit it. there are also some countries that have not yet determined their response. does not mean it is prohibited. my country still hasn't determined its response. so I'm still free to use it. each country has its own rules mate


some countries are bitcoin is legal  but  some countries hide transaction because that countries are not legalized the bit coin
It's natural. but over time I'm sure every country will receive technological developments from bitcoin. because in fact each country
will not be able to stem the development of technology. they will certainly accept and legalize it.
For sure they will because time after time bitcoin is getting popular and this popularity is telling governments to try figuring out if they are missing something for not accepting or adopting blockchain and ofcourse bitcoin
It's unlegal as a whole but that doesn't mean it will indeed be unlegal forever, we are here do not know what will happens next, because this includes the future that cannot be predicted with certainty. Which clearly I think it's an alternative thing, do not too worrying about that, and it's good if you don't too dependent on bitcoin, make it's a side of your job
Huh?who told you that bitcoin can be a dependable for living?this is currency and not a job lol,ee need to work to live and we can just use bitcoin or hold but dont expect this will bring you to life
legendary
Activity: 1372
Merit: 1008
January 22, 2019, 09:43:43 PM
Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.
in some countries bitcoin is legalized and some other countries prohibit it. there are also some countries that have not yet determined their response. does not mean it is prohibited. my country still hasn't determined its response. so I'm still free to use it. each country has its own rules mate


some countries are bitcoin is legal  but  some countries hide transaction because that countries are not legalized the bit coin
It's natural. but over time I'm sure every country will receive technological developments from bitcoin. because in fact each country
will not be able to stem the development of technology. they will certainly accept and legalize it.
newbie
Activity: 5
Merit: 0
January 22, 2019, 05:08:41 PM
Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.
in some countries bitcoin is legalized and some other countries prohibit it. there are also some countries that have not yet determined their response. does not mean it is prohibited. my country still hasn't determined its response. so I'm still free to use it. each country has its own rules mate


some countries are bitcoin is legal  but  some countries hide transaction because that countries are not legalized the bit coin
legendary
Activity: 1372
Merit: 1008
January 22, 2019, 06:12:59 AM
Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.
in some countries bitcoin is legalized and some other countries prohibit it. there are also some countries that have not yet determined their response. does not mean it is prohibited. my country still hasn't determined its response. so I'm still free to use it. each country has its own rules mate
hero member
Activity: 1008
Merit: 501
January 21, 2019, 10:59:07 PM
In what country are you living at mate? Legalization of bitcoin and other cryptocurrencies are depends on the country youre living at. Some countries have a total ban on bitcoin and some multiply its opportunities. You can check your local implementation to see whether your country belongs to the good one or to another.
Yeah every country certainly has their own government and they have their own rules for determining the attitude of cryptocurrency, sometimes the progress of a country can affect legal or not for Bitcon, in many developed countries technology is certainly very acceptable to develop such as United States, bitcoin is given regulation and legalized there
full member
Activity: 546
Merit: 100
January 21, 2019, 10:57:40 AM
Bitcoin is legal in a number of countries such as Russia, South Korea, the United States and a number of other countries, and it is said that Southeast Asian countries have not legalized crypto including my country that has not legalized Bitcoin or has not been legalized. but Bitcoin is also not rejected.
the conclusion is that Bicoin is legal or not, depending on the policies of each country.
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