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?
No. Only japan as i know has been legalizing bitcoin. The other not yet.
Topic: Is Bitcoin legal worldwide? - page 2. (Read 2075 times)
No. Only japan as i know has been legalizing bitcoin. The other not yet.
For now I don't no how to see now if bitcoin is ligal worldwide but I wish that someday we going to legalized and the government we will accept this bitcoin
Well, from what I know in most countries the cryptocurrency is nor legal or illegal. Cryptocurrencies were around for just a few years and gouvernments don't have a good plan on how to treat it.
Bitcoin is not legal worldwide because for some reasons. The first it is new and people feel fear anything new and uncertain. Secondly, some governments will be unable to control money inflow and outflow. Because of this, many governments try to ban bitcoin transaction. Thirdly, the banking system does not like that. The bank will lose a huge amount of money if people prefer to use bitcoin rather than cash. I found out that highly corrupt countries will try to ban bitcoin or punish bitcoin's user.
This depends on the region, but bitcoin is hard to be completely banned.
Well, in many nations this is not legal but this currency may be beneficial to them too as it can converted in any other liquid form
i think no because there are some countries that bitcoin is banned from them because some of them said that bitcoin is scam so i think they are just protecting their people.
The truth is countries did not create any principles about cryptocurrency because they do not think it is important think now
It's funny - there's a lot of crypto exchange machines in Moscow, though government doesn't accept any "foreign" crypto currency yet, and the russian one still doesn't exist (they are trying to work it out, but are soooo slow with all the movements in that path)
In Communist Countries, it's illegal to have or using CryptoCurrency.
Not only, sometimes there isnt anything written in law thats why it is on the board of legal and illegal concept. 
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 is approved by satisfied USERS worldwide. That is all you need to know. Everybody else is envious of Bitcoin.
It is said to be legal in every corner of the world, but differently to the authorities of poorly developed countries. Officials are afraid of the fall of the currency.
Bitcoin seems to be legal by us
Unfortunately not... I hope that in future all goverments will just open their eyes and see what we see now, i mean that crypto is future for global scale payments.
Bitcoin is legal in some countries but other people use bitcoin in illegal activities,why because its the safest way to make illegal transaction cause its hard to be trace. That is one thing why some countries dont bitcoin to operate.
It's kind of new is most part of the world, so Goverments are still trying to figure it out. My guess is they will try to make it illegal.
In Communist Countries, it's illegal to have or using CryptoCurrency.
Proof? I have not read about countries that can ban the posession of bitcoins. Your wallet is not attached to your ID, so best of luck to the government that tries to bann all bitcoins in their country.
In Communist Countries, it's illegal to have or using CryptoCurrency.
Bitcoin is legal all over the world there are a few country where Bitcoin is illegal , like Bolivia Ecuador and more . A lot of people and country's don't know about Bitcoin, and can't access Bitcoin.
thank you for your good question at present some country is not allowed to bitcoin so there is bitcoin is not legal, Such as where i am living here is botcoin not legal
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?
bitcoin is not legal and illegal worldwide because few peoples and countries know and can access about this. some country is about to study about the effects of bitcoin so it takes a few years to look which country will make this legal and illegal Jump to: