Is crypto legal in your country? - page 23.

infinity33

full member

Activity: 294

Merit: 100

Quote from: MR_Klip on August 23, 2018, 06:06:26 AM

In my country, crypto remains an illegal direction. In certain situations, it is even possible to prosecute, although there have not yet been any arrests.

In my country crypto is legal but the government do not support it, infact the government is discouraging its people to use crypto and they are thinking crypto is a scam so they let the people know that they should stay away from it and do not invest in it.

smutexar

full member

Activity: 308

Merit: 100

While we do not have kripto legalized legal status. I very much hope that in the near future this situation will change - at least within the next five years.

MR_Klip

member

Activity: 210

Merit: 10

In my country, crypto remains an illegal direction. In certain situations, it is even possible to prosecute, although there have not yet been any arrests.

dreamycoin

newbie

Activity: 27

Merit: 0

In my country crypto is not legal. The government in my country prohibits people from using crypto to transact. I think legal or illegal is no problem. As long as crypto is not blocked by the government, I think it's still safe to invest in crypto.

pandanaran

full member

Activity: 1048

Merit: 101

Quote from: Vjatri on June 10, 2018, 09:26:22 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?

In my country there are no government regulations where citizens are prohibited from investing in cryptocurrency, so far there is no problem for me if I buy crypto or invest in the ICOs project. at the G20 meeting my country declared neutral on cryptocurrency, but that does not mean crypto is legal in my country and not illegal.

outsole

newbie

Activity: 72

Merit: 0

Quote from: kirstiemorton23 on August 21, 2018, 04:25:54 AM

in my country crypto is not a problem, even though our government notices that cryptocurrency is a bubble, our government does not support crypto but also does not overly ban our crypto, I think our country community likes cryptocurrency because it provides additional income for us.

Same with my country, crypto is not yet regulated by the government here. More people are using crypto currency now unlike before, but most of them are afraid to invest because of those negative news in the media in my country.

Samtob4

newbie

Activity: 196

Merit: 0

My country government don't even bother to know about crypto, they being close there eye about the new development.

Monbi

full member

Activity: 324

Merit: 100

Monitoring the financial operations the government is doing quite well, so I think in the future they will learn to monitor the cryptocurrency transactions too. Until then, there will be no legalization of the cryptocurrency as a monetary resource.

a2offrb

full member

Activity: 453

Merit: 101

RISE WITH RAYS FOR THE FUTURE

The Government in my country still closes their eyes on Crypto deals and does not want to accept it yet and they worried not about individuals dealing with it with the aim that they does that at their own expense. So, baning Crypto is out of the way, but never legalize it for cryptos are decentralized. So, we are very free in this regard.

mejalipat

full member

Activity: 364

Merit: 100

I don't know whether crypto in my country is legal or not because until now I can still use crypto and the government does nothing, they just prohibit the use of crypto as a currency

poodle63

hero member

Activity: 2702

Merit: 510

Leading Crypto Sports Betting & Casino Platform

Quote from: Bitcoinjheta on August 23, 2018, 01:09:26 AM

The government in my country does not interfere in our bitcoin transactions and no regulatory board that has been monitoring in bitcoin transactions though some government officials has personally joined in cryptocurrency too but this does not make it legal anyway.

Monitoring bitcoin transaction will take some much resources, just imagine, if thousands of people in your country alone always making a transaction then government need to check it one by one.
some government official i can say individual doesn't represent the whole government so I guess youre right, it doesnt make crypto legal

Bitcoinjheta

full member

Activity: 798

Merit: 104

The government in my country does not interfere in our bitcoin transactions and no regulatory board that has been monitoring in bitcoin transactions though some government officials has personally joined in cryptocurrency too but this does not make it legal anyway.

yakushev

full member

Activity: 448

Merit: 100

Quote from: Vjatri on June 10, 2018, 09:26:22 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?

Opportunities in our country are broad, but crypto is not in a hurry and I think that it is not necessary. Otherwise, there will be inflation and the failure of the economy.

Assface16678

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Activity: 1484

Merit: 136

★Bitvest.io★ Play Plinko or Invest!

Quote from: ZandC on June 10, 2018, 11:22:06 AM

in my country is Ilegal, but not banned, i hope still ilegal because if move to legal will charged.

This is same with mine. The government did not regulate bitcoin but still they do not care about bitcoin. But still it will be good for the crypto market in an specific country if it will be accepted. To be specified the investors will have lot of perks at the same time the government will get something too. But too much is bad. So itis good if the government regulates just enough.

Gralph

jr. member

Activity: 126

Merit: 1

Although the much awareness about cryptocurrency is not yet pronounced in the part of the world at which i found myself, therefore the question about them legalizing it or not is not actually a case, but considering the decentralized market system that is devoid of any form of a third party involvement or control by a central authority, i am optimistic that with the full knowledge and government formal approval of the business in Nigeria, it will contribute favorably in boosting the economy of my country.

Paperbuk

newbie

Activity: 56

Merit: 0

Quote from: Vjatri on June 10, 2018, 09:26:22 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?

In my country, I heard the discussion about crypto in the parliamentary session, they seemed interested in legalizing crypto, but also obstacles that I did not know. I believe state officials always better understand what their citizens need.

xcxcxxz52

newbie

Activity: 83

Merit: 0

I am Chinese. My country does not support cryptocurrencies, but many people are investing in cryptocurrencies. I think this is the charm of cryptocurrencies. China is the most populous country in the world, and the state cannot stop it.

btcyoda

member

Activity: 644

Merit: 10

Still, Bitcoin is not legal in my country then how can they legal the cryptocurrency but for everything we have to wait and see because sooner or later every government will start accepting cryptocurrency as legal tender. We need to wait patiently until we get some green signals from the government.

Halbert

sr. member

Activity: 518

Merit: 250

In my country the crypto currency is not regulated and therefore officials use this for money laundering Cheesy

ligerti

member

Activity: 406

Merit: 10

While in my country the government has not yet legalized the crypto market. I do not know why this is not happening yet. Perhaps, because of fear of harm to the population. I hope that soon the situation will change.

Topic: Is crypto legal in your country? - page 23. (Read 3530 times)