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Topic: Is crypto legal in your country? - page 25. (Read 3530 times)

member
Activity: 378
Merit: 10
Decentralized Continuous Audit& Reporting Protocol
August 20, 2018, 06:06:25 PM
Crypto is not legit in my country but its neither a crime too to participate in ICO's in my country. We will continue to proclaim the good works of thee digital currencies to make individuals aware of what they are missing.
newbie
Activity: 112
Merit: 0
August 20, 2018, 06:04:56 PM
Most countries at the moment are silent on cryptos, not sure what how they are going to handle it, some are waiting for the US SEC so as to copy their decision as a guide to formulating their own policies. Mine is silent
copper member
Activity: 560
Merit: 0
August 20, 2018, 06:02:10 PM
Not yet but i heard there are some good news on my country
Sudah as legalization blockchain technology on banking industry
member
Activity: 392
Merit: 11
🚀🚀 ATHERO.IO 🚀🚀
August 20, 2018, 06:00:14 PM
Yes. ICO's and crypto were legal in our county. Only a few countries banned bitcoin so expect that there's not a lot of people will be able to relate a story about crypto currency ban. I am just thankful that the government supported bitcoin and doing what they can to legalize it. Technically it is not legal yet and there are only a few law or regulations about it. They might be interested on what they can earn from crypto by means of tax.
sr. member
Activity: 270
Merit: 309
Shinji bgt gwh
August 20, 2018, 05:41:14 PM
Yes,But Limited
It Still Legal for You to Trade,Mine,Invest Bitcoin On Indonesia
The government only ban It As Payment Tools
They Say They Ban It Because "To Make Rupiah As The Symbol Of The Country"
newbie
Activity: 68
Merit: 0
August 20, 2018, 05:25:04 PM
Most of the countries accept them but I think that is not because they trust in it fully, the thing is they need way more information to propose laws that regulate them, I think in the near future we could see some more regulations on cryptocurrencies by the governments.
full member
Activity: 246
Merit: 100
August 20, 2018, 05:23:15 PM
my country follow trends at least 10 years late. because of that we are safe now. but when they realize everything is gonna be over of course.
jr. member
Activity: 658
Merit: 1
August 20, 2018, 05:15:46 PM
Participating in ICO is not prohibited in my country so anybody does not discourage me to invest in crypto currencies and participate in ICO. There is one important restriction that my income is imposed by taxes so if I earn money by speculating or investing I must pay taxes on my profit. As far as I know there are not so many people use crypto currencies in my country therefor while the government does not pay attention on operations with crypto currencies. By the way casino, poker and some other gambling games are prohibited in my country but as far as I know there are plenty of abilities how to evade those constraints and to gamble online by using various online services.
newbie
Activity: 64
Merit: 0
August 20, 2018, 02:59:04 PM
I do not think that crypto-currencies can be blocked. it is technically almost unnecessary. of course authorities can turn off the entire Internet. but it will not be meaningless and not profitable. so I think crypto currencies will continue to exist. and the authorities will take steps to do something what can helps to the government to take profit from cryptocurrencies.
full member
Activity: 364
Merit: 100
August 20, 2018, 12:58:05 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?
Crypt is not legal in my country and the government those not support the use of crypto or icos but I believe in the coming years, It will become more potential and accepted as means of exchange for goods and services.
full member
Activity: 1004
Merit: 111
August 20, 2018, 12:52:34 PM
so happy to say that crypto is very legal in my country.
to be honest this country will rise the best and largest crypto community soon.;
and that is true, we are just waiting for it, invest is the great thing to do now.
member
Activity: 490
Merit: 14
August 20, 2018, 12:51:14 PM
No, crypto has no legal status yet, but I pray for the better future.
Hope things will change in following 5 years and I won't have any problems in cashing crypto.
member
Activity: 392
Merit: 11
August 20, 2018, 12:49:21 PM
Yes, some countries has banned people from particiapting in ICO. There are many reason behind, some of the ICO are scam and hence govenment has bough some regulation. KYC is a good idea but doesn't give 100 % security against scam.  India has banned fiat-crypto purchase through bank but haven't banned from praticipating in ICO.
sr. member
Activity: 1246
Merit: 261
★ Investor | Trader | Promoter
August 20, 2018, 12:39:09 PM
Crypto is not yet either legalized nor announced as illegal in my country. Talk is going in the court raised between RBI and exchanges. There were many appeals but no positive or negative conclusion so far. There seems to be rumors that bitcoin can be announced as a commodity and in other hand crypto tokens can be accepted. No idea what is going to happen. But expect a positive results. 
copper member
Activity: 126
Merit: 1
August 20, 2018, 12:35:15 PM
In my country currently, they are neither in support or against it, no aspect of the crypto is banned but they are only cautioning for carefulness
newbie
Activity: 74
Merit: 0
August 20, 2018, 12:21:52 PM
In Belarus they refused tax on cryptocurrency. The next 5 years I can freely earn money on this. In Belarus, ICO is also allowed. But I did not hear that someone in Belarus would conduct an ICO.
sr. member
Activity: 714
Merit: 250
Defend Bitcoin and its PoW: bitcoincleanup.com
August 20, 2018, 12:16:41 PM
there are no rules regulating every investor to participate on ico in my country, as long as the risk of every investment are considerable. even stock trading company which usually provide derivative, gold and currency investment are start to offer bitcoin as their investment option. 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 homework for us to start familiarizing cryptocurrency around the world, so people will know cryprocurrency very well with many advantages and turned into cryptocurrency as their daily use.
sr. member
Activity: 378
Merit: 250
August 20, 2018, 12:11:03 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?

The basic principle of crypto currency is to carry out operations with anonymity and not by exposing ourselves to the public. Giving KYC means exposing ourselves and thus making it confirm that this is not a safe place to work.
KYC is my foot when it comes to ICO's filing. First of all they spoil the scammers to collect our info and thus can compromise with original documents.
newbie
Activity: 119
Merit: 0
August 20, 2018, 12:08:08 PM
my crypto country has not been legalized by the government. I don't know why the government is still reluctant to legalize crypto. maybe because the risk obtained is higher and can be detrimental. but if we have a technique of trading properly and correctly. I think we can still minimize this risk because we have better knowledge and experience.
In my country is Ilegal and it's banned. But, actually the Government only banned Cyptocurrency as a payment tools. And they can't banned it when it's used for our digital assets. As we know that is different things.
sr. member
Activity: 1960
Merit: 273
★Bitvest.io★ Play Plinko or Invest!
August 20, 2018, 11:58:30 AM
my crypto country has not been legalized by the government. I don't know why the government is still reluctant to legalize crypto. maybe because the risk obtained is higher and can be detrimental. but if we have a technique of trading properly and correctly. I think we can still minimize this risk because we have better knowledge and experience.
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