Topic: is bitcoin legal??? (Read 3047 times)
Since officially cryptocurrencies are not forbidden worldwide, bitcoin remains to be legal. But in some countries you can face troubles, yet some governments implement crypto currencies regulations.
It is legal only in the countries that allowed it to be legal, I mean such as France, Germany, Israel, Italy, Japan, South Korea, etc. But many others banned the bitcoin without a good reason for this...
Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.
Bitcoin is not legal but it is also not illegal.
It is not legal because most governments have not fully embraced it as a currency or asset.
It is not illegal because it does not breach or go against the laws of the society as regards finances except for criminals who use its anonymity to perform dastardly acts like money laundering, tax evasion and drugs/arms proliferation.
Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.
Bitcoin is not legal but it is also not illegal.
It is not legal because most governments have not fully embraced it as a currency or asset.
It is not illegal because it does not breach or go against the laws of the society as regards finances except for criminals who use its anonymity to perform dastardly acts like money laundering, tax evasion and drugs/arms proliferation.
Yes, I agree. a big role is played by what country you live in and whether your government supports cryptocurrency.
The Countries does not mean anything to Bitcoin or any other coin because they don;'t need it to stay listed on some kind of decentralized market. The Government is lying to make people think that the coins need them to survive. 
It is legal, because in world of cryptocurrency, bitcoin is a money through online and easy to use but there are countries are not allowing to use bitcoin, its because of their belief that bitcoin can break their image.
What is legal? What is your legal definition? The world is so big. So many countries. Some countries are legal. Some countries are illegal. Look at what country you are in.
Asking such a question, it should be clarified about which country is being discussed. A number of states support bitcoin, where it goes in legal but uncontrolled turnover, but there are also countries and their majority, where bitcoins and any crypto currency will not soon be legalized.
North America and Western Europe are the regions with the highest degree of bitcoin recognition. On the issue of Bitcoin, the Middle East seems to be the most inconsistent. Interestingly, Iran, Iraq, and Turkey all recognize the legitimacy of Bitcoin, while Afghanistan, Pakistan, Saudi Arabia, and Egypt impose different degrees of restrictions on the cryptocurrency.
More and more countries adopt bitcoin. I am sure that soon the whole world will take bitcoin and crypto currency will become legal everywhere.
yes, and currently being discuss on how they would regulate bitcoin, a lot of people are taking advantage of the enthusiasm behind bitcoin, using it as a scam and thats the sad part, but there will always be pros and cons.
Unlike illegal, counterfeit money, which is a blatant example of a "currency" that misrepresents itself as legal tender, Bitcoin is entirely different. Nevertheless, it operates in a seemingly gray area when it comes to regulation.
Bitcoin is legal for the countries wise,Some countries legalize the Bitcoin and some still consider Bitcoin is an illegal.Bitcoin is worthy and having potential to capture attention over all the globe and government will realize that Bitcoin is a legal tender to which allow people to make transaction global with secure way and can invest to earn money in short time.
Yes I agree. Bitcoin for me is legal because it is not against the law. It also rezpect the law of the society. Bitcoin is just helping us in financial. It has no intention to ruin our society.
BitCoin is the most known and most valuable coin on the currency market. In the early days the crypto money was completely illegal, but then the stock market grew and some governments made the bitcoin legal.
it all depends on where you are living
there are some countries that do not like the existence of cryptocurrency, so they prohibit its citizens to have cryptocurrency
there are some countries that do not like the existence of cryptocurrency, so they prohibit its citizens to have cryptocurrency
Yes, I agree. a big role is played by what country you live in and whether your government supports cryptocurrency.
Bitcoin is illegal in our country and all cryptocurrencies are illegal. The transaction was completely banned. I think this approach is stupid. We should follow the development of the times.
If bitcoin is not prohibited by law then it is allowed. Almost all over the civilized world bitcoin is allowed
if Bitcoin is accepted and that the most important thing in your place, next is to know what law or regulations are there in your country for you to be aware also, since every country has there own policies.
Bitcoin is legal for the countries wise,Some countries legalize the Bitcoin and some still consider Bitcoin is an illegal.Bitcoin is worthy and having potential to capture attention over all the globe and government will realize that Bitcoin is a legal tender to which allow people to make transaction global with secure way and can invest to earn money in short time.
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