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Topic: Is crypto legal in your country? - page 21. (Read 3530 times)

newbie
Activity: 154
Merit: 0
August 27, 2018, 07:39:30 AM
Yes there are some countries why cryptocurrency are actually ban and I think this is very bad but in my country cryptocurrency is thriving and I think gradually the whole world would  accept it
sr. member
Activity: 644
Merit: 261
August 27, 2018, 07:31:52 AM
No, to a great extent, crypto-currencies today are not legalized completely, but they are treated neutrally, as if you can go and just buy something, I think that this is exactly what I'm comfortable with in order to use crypto-currencies

i would rather that our country treat it neutrally because I would assume that they do not ban it. I can say it is deemed legal because they do not clearly declare that it is illegal so use it. In fact, they have grant some companies licenses to operate that are involved in cryptocurrency so it would mean that they are not against it so I am thankful for that.

Only in a few countries, such as Japan, cryptocurrencies ca be used as legal tender. In most countries this cannot be done, and in some countries cryptocurrencies are completely banned. So you can't pay them in the store, but even store them in your wallet! At the moment, most countries are skeptical about cryptocurrencies, despite general allegations of loyalty to cryptocurrencies. Undecided

Unfortunately, many countries are still skeptical about it but then time may come that they may open their countries to cryptocurrency if they can see that other countries are reaping the benefits from it. As long as we can use it openly, then we should just use it so that it can gain more exposure to that may lead to mass adoption.
full member
Activity: 434
Merit: 100
https://eloncity.io/
August 27, 2018, 07:14:10 AM
No, to a great extent, crypto-currencies today are not legalized completely, but they are treated neutrally, as if you can go and just buy something, I think that this is exactly what I'm comfortable with in order to use crypto-currencies

Only in a few countries, such as Japan, cryptocurrencies ca be used as legal tender. In most countries this cannot be done, and in some countries cryptocurrencies are completely banned. So you can't pay them in the store, but even store them in your wallet! At the moment, most countries are skeptical about cryptocurrencies, despite general allegations of loyalty to cryptocurrencies. Undecided
newbie
Activity: 84
Merit: 0
August 27, 2018, 07:10:51 AM
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?

Well mate, our country  don't mind us if we are participating in any ICO. Cryptocurrency is legal nor illegal in our country. We can still participate in any  ICO projects and some of the businesses in our country accept bitcoin as a mode of payments.
jr. member
Activity: 489
Merit: 1
August 27, 2018, 07:08:03 AM
Cryptocurrency has not been official declare as approved currency in my country but it is not a crime to carryout transaction with individual or company using bitcoin. It is a personal business and a personal risk.
sr. member
Activity: 728
Merit: 252
August 27, 2018, 06:57:27 AM
No, to a great extent, crypto-currencies today are not legalized completely, but they are treated neutrally, as if you can go and just buy something, I think that this is exactly what I'm comfortable with in order to use crypto-currencies
newbie
Activity: 196
Merit: 0
August 27, 2018, 06:55:19 AM
In my country, the crypo-sphere has not yet been legalized, but the government plans to do so next year. There are many restrictions planned, and we will not be able to deal with cryptocurrency just like that - we will pay taxes. This fact makes me very upset.
newbie
Activity: 112
Merit: 0
August 27, 2018, 06:54:14 AM
the crypto currency has not been legal in our country Sad because of the people who scam many people so our goberment does not accept the crypto in the country, it is difficult for people to enter the crypto because they can be charged and jailed for a long time.
member
Activity: 686
Merit: 11
August 27, 2018, 06:50:02 AM
In my country, the government has no obvious relationship with crypto. We can work with crypto-currencies. They are concerned about how to enrich themselves at the expense of nation, while remaining unpunished. I think that when cryptocurrencies will widely used in developed countries, some decisions will be made in our country Grin.
full member
Activity: 364
Merit: 100
August 27, 2018, 06:49:31 AM
Although crypto is not legal in my country and it is only few people that use it but I believe because of the very good potentials that crypto has and the more it grow, in future it will be accepted by all countries and be use as means of exchange for goods and services.
newbie
Activity: 83
Merit: 0
August 27, 2018, 06:49:09 AM
Crypto is considered illegal in my country, even policemen harrass you if they know you do it
member
Activity: 228
Merit: 10
August 27, 2018, 06:48:46 AM
for now there is still no response from the government and this may be a development if there are many successful investors from my country, but now new projects have been formed from my country.
sr. member
Activity: 616
Merit: 250
August 27, 2018, 06:46:38 AM
In my country there are no restrictions and was allowed by the Central bank though there were no legal laws created yet about this unless it can be categorized as electronic currency. But overall it is allowed there are companies using crypto that are allowed to operate.
R9s
member
Activity: 406
Merit: 10
Fast, Smart, Trustworthy
August 27, 2018, 06:45:47 AM
It is unfortunate that cryptocurrencies are banned in our country because cryptocurrencies are not controlled, and if not banned, may affect the entire economy!
full member
Activity: 714
Merit: 100
August 27, 2018, 06:44:52 AM
Our country is in neutral mode in which we enjoy earning Bitcoin without tax. I believed this was due to our current government are very busy with their political careers for both local and international exposure and that its why they don't have the time to review the crypto currencies issues but this is better because its favor all Crypto currency enthusiast because of free of tax.
jr. member
Activity: 280
Merit: 1
August 27, 2018, 06:38:41 AM
Cryptocurrency in our country is legally accepted and the government has no signs of banning crypto in our country. I think most countries that banned crypto are those country who are developed enough that is afraid that they will be affected by the movement of cryptocurrency.
newbie
Activity: 53
Merit: 0
August 27, 2018, 06:34:07 AM
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?
Here in my country, our government is in neutral with this technology. Although we just advice to not to invest too much due to volatility of market price. I hope that this will legalize in the future as this is a big help to those people that need other income.
member
Activity: 303
Merit: 12
August 27, 2018, 06:33:24 AM
of course it has begun to be legalized because a lot of news that I have seen was told by the general public and also I have felt that without being banned from the government, it is still possible to try it if this is misused.
full member
Activity: 434
Merit: 102
August 27, 2018, 06:26:33 AM
In the country where I live the ICO is open to the public and the cryptocurrency is a commodity on the Exchange.
Even in my country I have 2 fairly large exchanges with around 20 outstanding tokens.
hero member
Activity: 854
Merit: 501
August 24, 2018, 12:15:56 AM
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?
Nobody talks about crypto in my country,  they are not saying whether it is legal or illegal, but since people are using it without the government making any attempt in stopping them from making use of it, then I suppose it is very legal.

There are lots of people who make use of crypto in my country and there are even shops where you can walk in to exchange bitcoin face to face for cash. So if there is any ICO that would try to prevent people, my country is not on the list of those that are being stopped.
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