Hi,
Chris Giancarlo (@giancarloCFTC) said on twitter "Coin fans - Thx 4 ur enormous response 2 my recent US Senate remarks. Lol. As you invest remember: caution, balance & DYOR."
Cryptoccurrencies aren't illegal for regulators, just need regulation.
Topic: is bitcoin legal??? - page 44. (Read 3033 times)
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.
Maybe you need to post this on bitcoin discussions not here because we are talking about altcoins here not bitcoin.
There is no way to make bitcoin illegal: money can be anything a group of people agree that has value: if me and other friend decide that Burmese parrot nails have value, and for example we decide that 1 nail=1$, nobody can stop us to buy - in the interior of our group - goods and services and to pay them with nails.
Of course, there will be a problem when you'll try to exchange Burmese parrot nails with fiat money, but this is a completely different discussion.
Of course, there will be a problem when you'll try to exchange Burmese parrot nails with fiat money, but this is a completely different discussion.
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.
many countries have issued statements indicating that bitcoin and other digital currencies are not regulated and do not exist as officially sanctioned currencie. bitcoin is outright illegal in some countries, such as Iceland.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.
Bofore asking this question you must have mentioned of which country you are talking about and see is there cryptocurrency is bann or not if not than bitcoin is legal and supported by government also. If you are thinking to invest into it you must do because price is less and increasing day by day.
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 legal here in my country though regulations has already been implemented and maybe tax too. I can see that if a certain country has regulated Bitcoin exchanges I feel safe with my investments as exchanges will face legal action whenever they will try to run with our funds. I can also see that there is a strong bond between enthusiasts and the government in relation to cryptocurrency investments because both parties will be having benefits legally. However, privacy is also an issue but not a big deal, though. All in all, a perfect match if not abused by both sides and so far I don't have any issues regarding with the current cryptocurrency situation here in my country. It's hard to say because different countries have different consideration so they amy take different mesuresand this will it legal or illegal. The time will also influence it.
The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them. Majority of countries do not make the usage of bitcoin itself illegal, its status as money varies, with differing regulatory implications.
Yes it depends on which country we are in.
Every country has different policy about bitcoin and nothing we can change about it.
I guess this is not an easy thing to get a legality of Bitcoin is quite difficult to achieve.
Because the goverment must have a good tech for monitoring circulation of Bitcoin in their country
so they can determine tax charges for their people
Every country has different policy about bitcoin and nothing we can change about it.
I guess this is not an easy thing to get a legality of Bitcoin is quite difficult to achieve.
Because the goverment must have a good tech for monitoring circulation of Bitcoin in their country
so they can determine tax charges for their people
Many always heard of bitcoin without knowing how it works.
Bitcoin is a new online digital currency that allows transactions to be made without a middleman, which means no banks, no transaction fees, and no reason to give out your real name. Every day that passes, more merchants are accepting them. With Bitcoin, you can purchase pizza, web hosting services, and just about anything else you can find on the Internet.
Bitcoin can be stored in the cloud or on an individual’s computer in what’s called a Digital Wallet, which is similar to a virtual bank account that permits users to pay for goods, send or receive Bitcoins, or save their money.
Then from my perspective, I could say it is legalized.
Bitcoin is a new online digital currency that allows transactions to be made without a middleman, which means no banks, no transaction fees, and no reason to give out your real name. Every day that passes, more merchants are accepting them. With Bitcoin, you can purchase pizza, web hosting services, and just about anything else you can find on the Internet.
Bitcoin can be stored in the cloud or on an individual’s computer in what’s called a Digital Wallet, which is similar to a virtual bank account that permits users to pay for goods, send or receive Bitcoins, or save their money.
Then from my perspective, I could say it is legalized.
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.
Majority of the countries in the world are considered bitcoin as legal. There are only few who insist that bitcoin is illegal. Those country that impose bitcoin as illegal are those corrupt countries.
While I have not met a single message that bitcoin is not legal.
The question is how you will deal with it: buying, selling and storing, here in different countries everything is different.
The question is how you will deal with it: buying, selling and storing, here in different countries everything is different.
It depends on the country you live in but I think Bitcoin is legal in most countries except for a few of them like China or Vietnam. If you live in the United States, Russia, Japan, Korea, Canada, Australia and Europe, then you should be ok
bitcoin can be legal and illegal but this may depend on the used on the user and also how it is earned it is got from miner it can be legal but if it get from deep web it might be illegal
There might be some illegal usages of it, which does not make it illegal I think. You can find many legal things, that they can be used for illegal purposes. You can listen the police radio by modifying an FM radio.
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 depends upon on which country you are, there are some countries who opposed with bitcoin and they are trying to regulate in bitcoin technology but they wont regulate it because bitcoin is decentralized coins no one big people behind and someone who tossing up bitcoin that may blamed and ask for regulation. The country who recognized bitcoin as what bitcoin it is then they considered as a legal from their country, so it depends upon the decisions in your local government if they embraced what bitcoin it is.
Here in my country, we are free to transact with Bitcoin in our local exchanges but we must undergo KYC verifications. It means that we can use fiat to buy Bitcoin and vice versa. We must follow the kyc as we only have 1 local exchanges in here. Maybe soon our government will implement a taxes in cryptocurrency as what South Korea did.
Yes it is legal but some of country we know that bitcoin was illegal currency but in this point it was legal because if thia is illegal the international government they should be stop or arrest who ia the developer, and who spreading bitcoin so thia why legal in some other country they didnt accept bitcoin so that is why it is illegal.
I do not know whether legal or not in my country. which I know from the news that bitcoin is forbidden for legitimate trasaction tools. How in your country?
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 general bitcoin isnt illegal asset,but it can be use to illegal activities such as smuggling,money laundering etc. but these are just some downside use of bitcoin,but it is depends on the person who are using it.It will only be illegal if your government doesnt allow it to be use in your country,but few countries has total banned cryptocurrencies like china,but if you have bitcoins in china it doesnt mean that makes you a criminal.
It's hard to say because different countries have different consideration so they amy take different mesuresand this will it legal or illegal. The time will also influence it.
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