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Topic: Is crypto legal in your country? - page 17. (Read 3516 times)

full member
Activity: 868
Merit: 108
September 08, 2018, 09:09:32 PM
KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?

Maybe you right, because KYC is need to regulate crypto currency because we can recognize who is the real person behind the crypto transactions. Here in my country participating in many ICO is not illegal, i said this things because I never heard something that there is a law prohibiting a country men to join crypto world.
member
Activity: 392
Merit: 10
September 08, 2018, 09:00:20 PM
Currently, the country where I live does not encourage Crypto but not prohibit. But there is no legalization because the government can not tax this market. In the future, the cryptographic market will be encouraged and supported.
member
Activity: 280
Merit: 10
September 08, 2018, 08:55:12 PM
KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?

At present, most countries of the world accept them, but I think that is not because they believe, but because they need more information to submit laws to regulate it. I think in the near future, we can see some regulations that are more certain about crypto, and this is what citizens are waiting for here.

Why ban I think cryptocurrency can help a lot to community people participating crypto have a chance to get income that can them provide their needs. For me the government must disciminate legitimate information for cryptocurrency cause in return even without taxes they can also earn from what people purchased of goods through their income from cryptocurrency.
member
Activity: 350
Merit: 11
September 08, 2018, 08:52:12 PM
Yes, cryptocurrency is legal in our currency. We can also withdraw bitcoins here, and some companies are trading cryptocurrencies.
jr. member
Activity: 462
Merit: 1
September 08, 2018, 07:59:40 PM
Fortunately for me over here we have a president that is not literate enough to talk about crypto and is not even interested with what we are doing so for now we have all the freedom to trade on crypto.
newbie
Activity: 126
Merit: 0
September 08, 2018, 07:54:10 PM
KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?

there is no word that crypto is legal in my country, the government has completely blocked crypto, let alone ico. the government doesn't want to know about crypto.
jr. member
Activity: 224
Merit: 4
September 08, 2018, 07:50:34 PM
Yes, crypto is legal in our country but not countrywide are into it because of high risk. Our government already know about bitcoin and altcoins existence here in our country and it's just that they are not controlling it for some reasons. They are just reminding us about a KYC policy implementation for safer transactions.
cryptocurrncy business is legal and i believe in this but ghere are a lot of trifle things that we shoyld all remember about
cryptocurrency world might be frightning but i think taht governments of all countries should admot that it is a part of pur world
jr. member
Activity: 224
Merit: 4
September 08, 2018, 07:49:24 PM
KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?
i cannot say tht cryptocurrency is forbidden but still our government is not for it as it is not against it so it is hard to say
jr. member
Activity: 224
Merit: 2
Data✘chain | Blockchain Based Decentralized
September 08, 2018, 07:46:44 PM
KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?
it is legal but there is no shop that would accept payments in cryptocurrency and this makes me really sad
full member
Activity: 630
Merit: 100
September 08, 2018, 07:44:06 PM
I guess only few countries legalized cryptocurrency in their countries but my country is one of the countries where cryptocurrency is not accepted as a means of payment.
But there is no prohibition on having it and investing with cryptocurrency. I am quite grateful for the regulation, because the government is quite cooperative, only giving a warning that the cryptocurrency is a high-risk investment and there is no guarantee from the government.
hero member
Activity: 1834
Merit: 523
September 08, 2018, 07:37:02 PM
Crypto is legal to my country because last year 2017 the agencies of the Philippines recognized bitcoin as payment and that is a good sign that they supporrted bitcoin and In my country allowed to invest to ICO because I did not see any ICO who are banned in my country. But I hope it will continue and they did not ban investing to cryptocurrency and even ICO.
newbie
Activity: 154
Merit: 0
September 08, 2018, 07:36:43 PM
Yes, crypto is legal in our country but not countrywide are into it because of high risk. Our government already know about bitcoin and altcoins existence here in our country and it's just that they are not controlling it for some reasons. They are just reminding us about a KYC policy implementation for safer transactions.
newbie
Activity: 154
Merit: 0
September 08, 2018, 07:30:48 PM
KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?


in my country crypto is banned by the government, even the government has said it will not approve cryptocurrency at any time. and people cannot use crypto.
sr. member
Activity: 700
Merit: 251
September 08, 2018, 07:28:05 PM
There are no rules regulating every investor to participate on ICO in my country but with a huge number of resident which cryptocurrency are still unfamiliar to them they used and tend to invest with existing investment. This is become a big and serious problem for us to start awareness about cryptocurrency around the country  so people will know cryprocurrency very well with many advantages and turned into cryptocurrency as their daily use.
full member
Activity: 217
Merit: 101
September 08, 2018, 07:26:13 PM
In my country its nor legal not illegal, kinda stuck between them.
hero member
Activity: 1106
Merit: 506
September 08, 2018, 07:22:05 PM
in my country ico or crypto is still considered something foreign, some say it's legal and some say it's illegal, but in recent months there has been a discourse from the government of my country to regulate the development of cryptocurrency in my country. I think this includes something positive about all cryptocurrency activists because the country has begun to pay attention to this.
jr. member
Activity: 350
Merit: 3
September 08, 2018, 07:18:38 PM
In my country, until now there is no legal permission for accessing and using cryptocurrency. But all this does not prevent the public from continuing to use crypto. They certainly are not afraid of government restrictions, because, for them, they use crypto on the right track where crypto is used for positive things and the results are also beneficial for both parties.
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
September 08, 2018, 07:00:06 PM
We don't have any official statement making our country one among the country providing legal support relative to cryptocurrency usage. Now all that we feel comfortable is that our country hasn't made any plans of banning or opposing cryptocurrency which is always a good support for Cryptocurrency users. Hope this will continue forever.
newbie
Activity: 168
Merit: 0
September 08, 2018, 06:58:22 PM
I guess only few countries legalized cryptocurrency in their countries but my country is one of the countries where cryptocurrency is not accepted as a means of payment.
newbie
Activity: 154
Merit: 0
September 08, 2018, 06:56:32 PM
Yes, cryptocurrency in our country is widely accepted. We as a 3rd world country does not ban cryptocurrency since we as developing country can benefit in cryptocurrency trade.
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