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Topic: is bitcoin legal??? - page 41. (Read 3033 times)

newbie
Activity: 154
Merit: 0
February 13, 2018, 04:26:20 AM
I think it depends on which country you are in.japan is the number one country that adopted bitcoin.Some countries do not allow cryptocurrencies, some have no regulations regarding it, and some are allowed and utilized by the government.
You can check the Legality of bitcoin by country or territory on wikipedia. The link is below:
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
newbie
Activity: 2
Merit: 0
February 13, 2018, 04:23:40 AM
That will depend on who's answering the question. IMO, everyone in this community believe in it making it legal for us. Some high profile persons out there still believe it's nothing but a scam. To me their opinion doesn't matter as institutional money has join the race. No matter where one is, even in those so called red zone countries, some people still believe in the coin.
full member
Activity: 406
Merit: 100
February 13, 2018, 04:12:39 AM
In different countries differently, but there is no country in which all possible operations with crypto currency
newbie
Activity: 98
Merit: 0
February 12, 2018, 04:18:25 PM
I see that there are rainbows in different countries so that bitcoin or other crypto currencies look beautiful in color according to the place, meaning law and policy may differ in response to bitcoin, but I think there is one similarity that indirectly have received bitcoin in various the state of this is seen from the citizens of a country who joined and transacted the world crypto currency even though its government regulation has not yet legalized legally. Such user activity I think is a strong evidence of indirect acceptance. regardless of which it can affect is the personal interests of an impartial government.
member
Activity: 574
Merit: 12
February 12, 2018, 03:46:47 PM
In most countries, bitcoin is still in a so-called gray zone, when state authorities have not yet decided how to treat bitcoin and other crypto currency, and therefore, on the one hand, there is no recognition and regulation, and on the other, there is no restriction or prohibition of crypto currency. Apparently, this will be one of the best times for users and investors of crypto-currencies. Even Japan has now set taxes from the profit of the crypto currency in the amount of 15 to 55 percent.
full member
Activity: 434
Merit: 104
February 12, 2018, 03:33:14 PM
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.

Nothing depends on us. It will be legal until it is profitable for someone. And illegal, when someone starts to interfere. But I think the second option is unlikely to take place. The maximum is some kind of control. In the meantime, enjoy freedom))
sr. member
Activity: 1491
Merit: 320
🐪
February 12, 2018, 03:31:50 PM
I think it depends on the country you are in. Each country has a different policy on bitcoin and there is nothing we can change about it. In some countries, bitcoin is still in a gray area like 3 countries that still need to consider bitcoin as a threat or they can manage it into active income for taxation.

I don't think that Bitcoin is illegal in any coutry. It is not yet regulated in most countries yet. Maybe some countries will make it illegal in near future but I doubt it.
member
Activity: 147
Merit: 10
February 12, 2018, 03:28:19 PM
Bitcoin is legal in some countries and illegal in some.
So it depends from the country.
But I think crypto will be the next big thing, and it will be legal everywhere.
full member
Activity: 476
Merit: 100
February 12, 2018, 03:06:53 PM
In Belarus, for example, you can trade cryptocurrency on exchange, change for money, buy, but cryptocurrency is not payment. You can't buy anything for bitcoin. Although it would be nice to take experience from Japan where it's all absolutely legal.
full member
Activity: 448
Merit: 100
February 12, 2018, 01:52:55 PM
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.
Yes, wrote it right. Only if the in country is prohibited from cryptocurrency - this does not mean that people will not work with it Wink Smiley
full member
Activity: 420
Merit: 100
February 12, 2018, 01:42:28 PM
Yes the company and management of bitcoin is one hundred percent (100%) legal company who offers a risk free services and accredited by the national government; so all transactions they have are safe and free from all kinds of scam.
newbie
Activity: 196
Merit: 0
February 11, 2018, 04:12:41 PM
In my country there are no restrictions on cryptography. Perhaps they will be able to press to register the company, but in any case under the law of crypt is not limited to happiness.
member
Activity: 182
Merit: 22
February 11, 2018, 03:33:27 PM
Depending on where and how you utilize bitcoin, it is important to remain up-to-date on the latest regulations concerning the digital currency. As laws change across borders, governing bodies and, increasingly, as the platform gains popularity, questions about bitcoin’s legality will continue to be raised
sr. member
Activity: 2058
Merit: 281
Vave.com - Crypto Casino
February 11, 2018, 03:28:36 PM
Indeed, for now Bitcoin has not been fully legarized in some countries, although there are also countries that fully use this currency to make transactions, and for law enforcement or governmental institutions it should try and start learning how the system works.
hero member
Activity: 616
Merit: 500
February 11, 2018, 03:02:50 PM
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.

until now only japan is already full regulate about bitcoin
tax, payment procesor accepted this mean full regulate
every transaction in japan exchanger must pay tax fee
member
Activity: 336
Merit: 10
February 11, 2018, 02:56:23 PM
I think it depends on the country you are in. Each country has a different policy on bitcoin and there is nothing we can change about it. In some countries, bitcoin is still in a gray area like 3 countries that still need to consider bitcoin as a threat or they can manage it into active income for taxation.
full member
Activity: 392
Merit: 100
February 11, 2018, 02:38:56 PM
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.
it is undoubtedly necessary to control what people are doing with money, since sometimes they finance terrorist organizations, buy drugs and weapons, and such cases need to be prevented.
full member
Activity: 280
Merit: 108
February 11, 2018, 02:36:04 PM
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.

In our country, bitcoin is trying to be regulated by law. The Ministry of Finance has presented the project. I think legal regulation is the only way out in this situation.
member
Activity: 378
Merit: 10
February 11, 2018, 02:34:24 PM
Yes, the legality of bitcoin depend on the country. many countries bitcoin is legal currency but some it is illegal. So it's depend on the country.
member
Activity: 336
Merit: 10
February 11, 2018, 02:26:58 PM
In fact, I like the ideology of bitcoin and crypto currency in general. I'm an anarchist by nature. But I like that there is an alternative means of circulation, to which the authorities can not exert a direct influence. And as for the rule of law, the authorities will not be able to limit this and to centralize the decentralized system.
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