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Topic: BitCoin - Where is it illegal ? - page 3. (Read 2895 times)

legendary
Activity: 3080
Merit: 1353
February 11, 2017, 10:23:30 AM
#7
Hello !


I know for example that in Russia, Bitcoin is now considered as illegal since few months.

And I just want to know if someone can give me (give me a website link) where is an exhaustive country-list about  whether this money is legal or not ?
I did not find it on Internet ...

Thanks in advance !


I know Russia backtracked its ban on bitcoin. Though I'm not really sure.

Link: https://www.cryptocoinsnews.com/top-10-countries-bitcoin-banned/

Also, I don't know if the list is updated or not. I see India and China in the list,
I know bitcoin is not ban in those countries, they are just being regulated right now.
hero member
Activity: 1008
Merit: 1012
February 11, 2017, 05:46:26 AM
#6
There has been raids of mines in Venezeula so that would be a sort of ban on bitcoin in a way.
Their government is not wanting those mines to exist because of their current situation with their fiat not being worth so much and I would assume that means they can not and are not collecting taxes on it. So they do not want anyone to be able to legally use it.
That is the main reason why governments want to ban it in the first place.
Atleast that is how I see the major reason in them to do so.
hero member
Activity: 1288
Merit: 508
Leading Crypto Sports Betting & Casino Platform
February 11, 2017, 05:02:11 AM
#5
Not only Russia many countries till now not declared bitcoin is illegal. Many people are actively using bitcoin for their daily need and profits making through bitcoin. Even in some countries has given permission to people to exchange bitcoins to their fiat currency. Till now no government ban bitcoin and din't announce bitcoin is illegal activity.
legendary
Activity: 3234
Merit: 1375
Slava Ukraini!
February 10, 2017, 07:26:43 PM
#4
As of November 2016, Bitcoin are "not illegal" (this according to a Russian federal tax service letter): https://news.bitcoin.com/russian-tax-office-legal-bitcoin/
Earlier Russia had intentions to announce bitcoin as illegal currenyc, but strangely, these plans didn't turn into reality.
You can check bitcoin legality by country here https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country. As you can see, bitcoin ilegal in Bangldesh, Thailand, Bolivia, Kyrgyztan and some other countries. But mostly countries have no reguations to bitcoin.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
February 10, 2017, 02:49:44 PM
#3
I don't think either Bitcoin is illegal in Russia. There were some rumors about it but as far as I know Russian government hasn't actually declared Bitcoin as illegal. And even if it is that wouldn't stop Russian hackers from using it it's their best income source. Maybe it would have become even more popular.
legendary
Activity: 1792
Merit: 1283
February 10, 2017, 02:34:21 PM
#2
Are you sure that Bitcoin is actually illegal in Russia currently? According to that Wikipedia list, it's not.
Here's a list of the legality of Bitcoin per country, but I don't know how up to date it is.

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country
newbie
Activity: 4
Merit: 0
February 10, 2017, 02:27:03 PM
#1
Hello !


I know for example that in Russia, Bitcoin is now considered as illegal since few months.

And I just want to know if someone can give me (give me a website link) where is an exhaustive country-list about  whether this money is legal or not ?
I did not find it on Internet ...

Thanks in advance !
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