Topic: Cryptocurrency vs Government Worldwide (Bitcoin) (Read 200 times)

kudos for the effort that you put into this but i honestly don't see the point of this topic, specially since you have multiple one of these wrong. there are already websites that keep track of these things and update regularly such as the wikipedia page on legality of bitcoin and the politics page in coin.dance

Mr. OP, what you posted is very priceless. I'm so happy that my country didnt ban Bitcoin. The 100k Bitcoin rate is a sure thing this year. Theres a big possibility it will happen. Now everybody should have a Bitcoin or even a small portion in their wallets.

Lot of potential is there in bitcoin to rise, only few countries are there to ban bitcoin. Most of the countries are allowing the transactions. Very nicely shared in this article.

Great post. It is very useful.  But it's better to know the source of the post. Is there any link to a website which you can provide it?

This is a good article, through which we can learn about the policies of countries around the world to encrypt money market.
A growing number of countries recognize the status of bitcoin, so regulation of the cryptocurrency market is a good thing.

Bitcoin isn't banned in China, only exchanges are. P2P trading and hodling is still allowed.^[1]

Both Indonesia and Vietnam allow you to buy/sell and trade, but ban using them as a means of payment over their national currencies.^[2a][2b]

Bitcoin is completely legal in Venezuela, though they previously made headlines by cracking down on miners.^[3]

I don't know about the other countries as I am not too informed of their affairs, but these are the ones that stuck out to me.

References:
^[1] http://fortune.com/2018/01/17/china-bitcoin-cryptocurrency-crackdown/
^[2a]http://www.thejakartapost.com/news/2018/01/15/bank-indonesia-police-prevent-bitcoin-transactions-in-bali.html
^[2b]https://www.coindesk.com/vietnams-central-bank-announces-ban-on-bitcoin-payments/
^[3]https://cointelegraph.com/news/venezuela-says-crypto-mining-now-perfectly-legal-announces-petro-presale

I think it would be safe to conclude that there are more countries which allowed cryptocurrency either through proper regulations already established or still coming soon. I am then sure that this year there would be more and more countries that will adopt their own versions of regulations covering the transactions on cryptocurrency and maybe also the ICOs. All is not lost in the world of cryptocurrency even if the mainstream media can be painting a bleak picture especially after the big ban made by China. The question is: Is there really a good future awaiting for cryptocurrency? You answer can be as good as mine.

Cryptocurrency vs Government Worldwide (Bitcoin)
No.   COUNTRY                   STATUS                                                           TRADER(s)

1.    Argentina                      Not Regulated/Not legal/ but regards as money   (https://www.buybitcoinworldwide.com/argentina/)
2.    Australia                       Allowed/ Promoting cryptocurrency                     (https://www.finder.com.au/australian-cryptocurrency-startups)
3.    Austria                          Not Regulated/No Policy                                    Bitpanda
4.    Bangladesh                   Banned                                                             ---
5.    Belgium                        Not Regulated/Not legal/ but regards as money   ETORO, IQ Option, Plus500, AVATRADE and more
6.    Bolivia                          Banned                                                             ---
7.    Brazil                            Not Regulated/Not legal/ but regards as money   (https://www.buybitcoinworldwide.com/brazil/)
8.    Bulgaria                        Allowed/No Policies/Developing                          ETORO, IQ Option, Plus500, AVATRADE and more
9.    Canada                         Allowed/ Promoting cryptocurrency                     (https://www.buybitcoinworldwide.com/canada/)
10.   Chile                            Allowed/ Promoting cryptocurrency                     ChilBit.net, Buda.com
11.   China                          Banned                                                             --- (LakeBTC)
12.   Colombia                     Not Legal / Waiting for approval                         (https://www.buybitcoinworldwide.com/colombia/)
13.   Croatia                        Not Regulated/Not illegal                                   Mondaq, coinbase, BitKonan, Yahyatech
14.   Cyprus                        Not Regulated/ No Policy/Warning for use            (https://www.bestbitcoinexchange.net/for-cyprus/)
15.   Czech Republic            Allowed/No Policies/Developing                           https://localbitcoins.com/country/CZ
16.   Denmark                     Allowed / Digital only e-krone                             HitBTC
17.   Ecuador                      Banned                                                             ---
18.   Estonia                       Allowed/ Promoting cryptocurrency                      http://bittybot.co/eu/european-bitcoin-exchanges-eur/
19.   Finland                       Allowed/ Promoting cryptocurrency                      http://bittybot.co/eu/european-bitcoin-exchanges-eur/
20.   France                        Allowed/No Policies/Developing                           Blockchain, http://bittybot.co/eu/european-bitcoin-exchanges-eur/
21.   Germany                    Allowed/With Policies                                          Bitcoin.de, http://bittybot.co/eu/european-bitcoin-exchanges-eur/
22.   Greece                       Allowed/No Policies                                            http://bittybot.co/eu/european-bitcoin-exchanges-eur/
23.   Hongkong                   Allowed/not formally ban                                    Binance, Kucoin, Bitfinex, Gatecoin, CoinEx
24.   Hungary                     Allowed/No Policies/Developing                           http://bittybot.co/eu/european-bitcoin-exchanges-eur/
25.   Iceland                       Banned                                                             ---
26.   India                          Allowed/No Policies                                            Zebpay
27.   Indonesia                   Widely used/not formally ban                              Bitcoin.co.id
28.   Iran                           Not legal/Developing/Widely used                       Coinava
29.   Ireland                       Allowed/No Policies                                             http://bittybot.co/eu/european-bitcoin-exchanges-eur/
30.   Israel                         Allowed/With Policies                                          Bitland, Bitsofgold
31.   Italy                          Allowed/No Policies/Developing                            http://bittybot.co/eu/european-bitcoin-exchanges-eur/
32.   Japan                        Allowed/ Promoting cryptocurrency                       QUOINEX, Zaif
33.   Kazakhstan                Allowed/ Promoting cryptocurrency                      https://exchangers.io/currency-exchanges/country/kazakhstan
34.   Kenya                        Not Regulated/ No Policy/Warning for use             Belfrics, Bitbond
35.   Kyrgyzstan                 Banned                                                             ---
36.   Latvia                        Widely used/ No Policy/Warning for use                http://bittybot.co/eu/european-bitcoin-exchanges-eur/
37.   Lebanon                     No Policy/Warning for use                                   Paxful, Spectrocoin
38.   Lithuania                    Allowed/No Policies/Developing                           http://bittybot.co/eu/european-bitcoin-exchanges-eur/
39.   Luxembourg               Allowed/No Policies/Developing                           Bitstamp
40.   Malaysia                    Allowed/No Policies/Developing                            https://www.buybitcoinworldwide.com/malaysia/
41.   Mexico                       Allowed/No Policies/Developing                            Bitso
42.   Netherlands               Allowed/As item of barter                                    Deribit
43.   New Zealand              Allowed/As payment system                               Cryptopia Limited
44.   Nigeria                      Banned                                                              ---
45.   Norway                     Allowed/No Policies/Developing                            http://bittybot.co/eu/european-bitcoin-exchanges-eur/
46.   Pakistan                    Allowed/No Policies/Developing                            BTCPakistan, BTCPK.net
47.   Philippines                 Allowed/ Promoting cryptocurrency                      Coins.ph, Coinage, Buybitcoin.ph
48.   Poland                      Allowed/with Policies/Developing                          BitBay
49.   Portugal                    Allowed/Not Regulated/Developing                       http://bittybot.co/eu/european-bitcoin-exchanges-eur/
50.   Russia                       Allowed/No Policies/Developing                           Tidex
51.   Singapore                 Allowed/No Policies/Developing                            (https://www.buybitcoinworldwide.com/singapore/)   
52.   Slovenia                   Allowed/No Policies/Developing                            http://bittybot.co/eu/european-bitcoin-exchanges-eur/
53.   South Africa              Allowed/with Policies/Developing                          Luno
54.   South Korea              Allowed/ Promoting cryptocurrency                      Bithumb
55.   Spain                       Allowed/ Promoting cryptocurrency                       http://bittybot.co/eu/european-bitcoin-exchanges-eur/
56.   Sweden                    Allowed/ Promoting cryptocurrency                       http://bittybot.co/eu/european-bitcoin-exchanges-eur/
57.   Switzerland              Allowed/ Promoting cryptocurrency                       Shape Shift
58.   Taiwan                     Allowed/No Policies/Developing                            Maicoin, Wayi
59.   Thailand                   Allowed/with Policies/ Warning for use                  BX.in.th
60.   Turkey                     Allowed/with Policies/ Warning for use                  http://bittybot.co/eu/european-bitcoin-exchanges-eur/
61.   Uganda                    Allowed/with Policies/ Warning for use                  Spectrocoin, Remitano
62.   Ukraine                    Allowed/No Policies/Developing                            Liqui
63.   United Arab Emirates Allowed/No Policies/Developing                           BitOasis, CoinDesk
64.   United Kingdom         Allowed/ Promoting cryptocurrency                     Bitstamp, EXMO, LiveCoin, Vaultoro, DSX
65.   United States            Allowed/ Promoting cryptocurrency                      Kraken, Bittrex, Gemini,
66.   Venezuela                Banned/warning for use/widely used                     ---
67.   Vietnam                   Developing/Waiting for approval                           MonkeyCoin, Surbitcoin
68.   Zimbabwe                Allowed/No Policies/Developing                            Ecocash, Golix.com, bitcoinafrica

Those country not listed above do not have a given statement or stand about cryptocurrency. All government that impost cryptocurrency banned  in their country they can still have transaction online. This is the source link of government status for cryptocurrency worldwide https://blogs.thomsonreuters.com/answerson/world-cryptocurrencies-country and the traders I search it myself.