Is Bitcoin legal worldwide? | Bitcointalksearch.org

Paul_z8

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Quote from: Pamelaher on November 17, 2017, 08:15:32 AM

Some of the countries that feel the good presence of bitcoin their country makes it legal. but some of the countries are lost their mind because they do not know the benifits of this so they ban the bitcoin. but in my country is still pending if they want to legal this bitcoin. not all country is approved with this.

This is the easiest way - if you can't control something just ban it:)

jonaire99

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Based on what i read, some countries are imposing some regulations on their bitcoin exchanges, others did not welcome the bitcoin to be use as a currency.

Zandra

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24/7 COMMUNITY MANAGER 💯

Quote from: bkris on October 18, 2017, 01:48:49 AM

I am very new to this and would like to know more about bitcoin. My very first concern is this internet currency bitcoin is legally approved worldwide?

As far as i know not the whole world, because some countries are unacceptable and it is forbidden.

WorldBitICO

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It is neither legal nor illegal in few countries yet and some countries have clear regulations for it.

jazmuzika217

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It is recognized world wide but some countries banned the BTC for some reasons. Like China. I think theyre just against decentralized money coz banks are going to be useless if people can trade freely without a middle man (banks). But dont worry even if your country bestow a judgement to ban this currency. Theres a lot of other countries you can spend your bitcoin.

klatz

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Some of the economies are so large that it is hard to track all the changes and new technologies appearing. The more progressive learn how they can use and integrate new technologies and some of those a little behind are trying to implement rigid regulations which do not help. As a result, people are trying to figure out different ways of work around it.

candy69

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Well, Bitcoin is legal all over the world except a few countries. Bangladesh, Bolivia, Equador, ....

papahmauriel

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don't thinking about legal or not,but join and get money

sinusteta

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Quote from: bkris on October 18, 2017, 01:48:49 AM

I am very new to this and would like to know more about bitcoin. My very first concern is this internet currency bitcoin is legally approved worldwide?

I'm new in this forum, but already following cryptonews about a year. I think it's not worldwide yet as you ask. I read some news, some countries are banning Bitcoin, and there are some countries still considering it. And also there are some countries support and clearly stated using it.

howardjms

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Quote from: bkris on October 18, 2017, 01:48:49 AM

I am very new to this and would like to know more about bitcoin. My very first concern is this internet currency bitcoin is legally approved worldwide?

It depends on regulation country in where you live. Each country has their own regulation about bitcoin. Few country already legally bitcoin as their payment, but many others doesnt yet. But they doesnt banned bitcoin it self.

Majesty0109

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The legality of bitcoin depends on who you are, and what you’re doing with it.

There are three main categories of bitcoin stakeholder. Someone may fall under more than one of these categories, and each category has its own legal considerations

Pamelaher

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Some of the countries that feel the good presence of bitcoin their country makes it legal. but some of the countries are lost their mind because they do not know the benifits of this so they ban the bitcoin. but in my country is still pending if they want to legal this bitcoin. not all country is approved with this.

SyGambler

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guess who's back

it's legal in some countries and people in some countries pay tax for their crypto
but in most of the world there is actually no real rules for bitcoin , in my country bitcoin isn't legal and isn't illegal the same time since here there are no rules for it
so some countries can be considered gray areas , where the government simply hasn't yet said anything about bitcoin

sanyinchen

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No ， I don’t think so , this coin’s feature is p2p and there is a capital risk for government . So the government want to forbid it and this is become true in China . They forbid exchange BTC in China at September and other country is doing the same thing . But there are still some ares support BTC , for example : Japan .

Man21

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Quote from: bkris on October 18, 2017, 01:48:49 AM

I am very new to this and would like to know more about bitcoin. My very first concern is this internet currency bitcoin is legally approved worldwide?

Not all. In my country bitcoun is not legal.

Eloisa

newbie

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Regulations are weird in every way in some countries. Some allow to extent of exchange and some dont ..it really depends on the way for some authorities. They dont support yet they trade. They stop trading yet many coins came from the country. Always do this with caution

tera2206

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Quote from: bkris on October 18, 2017, 01:48:49 AM

I am very new to this and would like to know more about bitcoin. My very first concern is this internet currency bitcoin is legally approved worldwide?

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icochick

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But BTC is accessible from all over -
its not widely accepted -- Funny story I saw it accepted in a coffee shop way back in like 2010 in Edmonton Canada -- Imagine what that latte would have been worth today if bought with BTC back in the day Shocked

Swinging Phallus

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It isn't legal worldwide, it's a shame BTC can't be accepted in many places. Remember when exchanging fiat didn't require an ID and a phone call to the president? Those were the good days - unfortunately exchanging BTC is complicated because the legal aspects are as well. Not to mention the insane amount of stolen credit cards used to purchase BTC back in the day. I was surprised to see how long circle was able to maintain their exchange.

FameBroker

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It depends, it is legal in some, illegal in others. This might help: https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp

Topic: Is Bitcoin legal worldwide? (Read 2063 times)