in my country bitcoin there is no law not many people know about bitcoin they only hear the name bitcoin but they don't know the use of bitcoin and in my country bitcoin is not valid for legal exchanges we use bitcoin we must first exchange it into currency.
- These lands seem to be holding hands by telepathy, I mean even without conducting in-depth legal and bitcoin talks, countries have basically exhibited a common face, ignore legal regulations but do not propagate or contribute any support for bitcoin in the current context, bitcoin is not subject to the light of the law and their users are entitled to the same conditions, solving problems separately from each other and not touching the common law system. It is also not easy to exchange for currency when the support networks are so numerous and confusing and the scammers are very professional here. 
Topic: What is the legal status of Bitcoin in your country? - page 4. (Read 994 times)
In my country, Indonesia, the legality of bitcoin is still quite confusing. But one thing for sure, bitcoin is not considered as a legal currency in my country since the legal currency that can be used in Indonesia is the one that is officially issued by the government, which is Rupiah. So, bitcoin is not a legal currency yet, maybe we can considered it illegal. However, it's not like government banning everything related to bitcoin. Even, Bitcoin is legalized by the Ministry of Commerce through the Commodity Futures Trading Regulatory Agency. So i guess it's legal as a trading commodity, however not as a currency.
I can say the same for the Philippines, our government is too busy being in power instead of dealing with the issues. Which for me is a good thing, no taxation for big profits in my crypto and it's not regulated meaning that we can do anything we want but it should still be in the realm of legality. 
In my country, Indonesia, the legality of bitcoin is still quite confusing. But one thing for sure, bitcoin is not considered as a legal currency in my country since the legal currency that can be used in Indonesia is the one that is officially issued by the government, which is Rupiah. So, bitcoin is not a legal currency yet, maybe we can considered it illegal. However, it's not like government banning everything related to bitcoin. Even, Bitcoin is legalized by the Ministry of Commerce through the Commodity Futures Trading Regulatory Agency. So i guess it's legal as a trading commodity, however not as a currency.
So far, bitcoin is not regulated nor restricted in our country. During the bull run last 2017, the government felt like cryptocurrency was a threat to the country that's why they had plans of banning the use of it. After just a year, they have forgotten about it since bitcoin's value also went down continuously. Fortunately, right now, they don't have an eye over it and they just let people mine as much as they can and invest in cryptocurrency. Maybe once crypto booms again, they will notice it once more and will make an action about it once again.
It's the same in our country. There is no prohibition until the limit is imposed. However, the government has stated that bitcoin is not a legal tender in our country. But I don't know what the government's plan is, I hope it will remain free like this without any significant restrictions.
in my country not completely ban crypto especially bitcoin. in my country it is allowed to use bitcoin only for trading, but it cannot be used for direct transaction systems like money. so if you want to buy anything you have to exchange bitcoins to my country's money, then I can make transactions
in my country bitcoin there is no law not many people know about bitcoin they only hear the name bitcoin but they don't know the use of bitcoin and in my country bitcoin is not valid for legal exchanges we use bitcoin we must first exchange it into currency.
at least you have an option to convert into currency ? meaning this is not illegal right? you are still lucky because in many countries there are total banning in which they have very few access to bitcoin trading and conversion .It is legal to buy or sell Bitcoin in our country. But in Canada, it is not very convenient to buy Bitcoin, because we do not have a local exchange. But Bitcoin is only used as a currency in our country, and the Canadian dollar is our legal tender.
that is the sad part, not having a local exchange in which you have limited access in terms of trading and converting .
in my country bitcoin there is no law not many people know about bitcoin they only hear the name bitcoin but they don't know the use of bitcoin and in my country bitcoin is not valid for legal exchanges we use bitcoin we must first exchange it into currency.
It is legal to buy or sell Bitcoin in our country. But in Canada, it is not very convenient to buy Bitcoin, because we do not have a local exchange. But Bitcoin is only used as a currency in our country, and the Canadian dollar is our legal tender.
in my country bitcoin is prohibited as a means of payment, but citizens are allowed to own bitcoin and trade it, but it is at personal risk. In the past, on a tourist island in my country, it was famous for payments using bitcoin in cafes or markets, but after that there were raids because this was considered illegal
That's a bit idiotic if you think about it, they allow ownership as an asset but they don't allow the use for transaction? That's a bit of a bullshit on their side, I am pretty sure that trading and using it to buy stuff is almost the same thing plus what they need to update is their ability to hunt these people that they're after. In my country, the government is still on the neutral so it's all good here for now, I don't want them messing with crypto because they're corrupt. Some countries banned crypto assets totally, some banned mining, some allows even paying taxes with it and some doesn't allow purchasing goods using crypto assets.
The Republic of Turkey has a strict ban against using crypto assets as a way of payment or developing technological infrastructure for such use case. However, it is perfectly legal for individuals and businesses to buy/sell/mine/trade the crypto assets.
What is the situation in other countries that you know of? And do you think the world will start accepting it or will regulate and see it only as a "store of value" and not a currency?
Previously in my country, Trading bitcoin was no problem until there was this international publication that ranked countries with regards to Bitcoin investment, and my country was ranked among the top 5 with the total estimation of investment then the Government decided to Ban the transaction of cryptocurrencies by every other financial institution in the country. Bitcoin and other cryptos are still been traded though but only via P2P and it will take a very long time IMO for Bitcoin to be globally accepted as a full-fledged currency and I believe even then, there will be some strict regulations. The Republic of Turkey has a strict ban against using crypto assets as a way of payment or developing technological infrastructure for such use case. However, it is perfectly legal for individuals and businesses to buy/sell/mine/trade the crypto assets.
What is the situation in other countries that you know of? And do you think the world will start accepting it or will regulate and see it only as a "store of value" and not a currency?
Legal to use, but just like any other form of currency, illegal to operate as a business without a license. Meaning, they won't stop you doing p2p and they actually know people do it, but you can't run a business and charge fees and commissions unless you have a money transmitter license. That's as far as I understand the law where I am.
in my country bitcoin is prohibited as a means of payment, but citizens are allowed to own bitcoin and trade it, but it is at personal risk. In the past, on a tourist island in my country, it was famous for payments using bitcoin in cafes or markets, but after that there were raids because this was considered illegal
You cannot ask directly about Legalization because there is some are banned when some are allowed, best to ask about the "STATUS" only and now being legal.
Like in our country it does now labeled as Legal but the government are not prohibiting people from using , meaning there are still chance that this can be legalized or banned.
best that we are enjoying it now as long as it is being allowed.
Like in our country it does now labeled as Legal but the government are not prohibiting people from using , meaning there are still chance that this can be legalized or banned.
best that we are enjoying it now as long as it is being allowed.
As of now, I give my country a compliment for staying neutral about it they don't just let us do some investing spree rather they giving us warning about the potential of taking advantage of the scammers and those people who don't want to listen, they can't blame our government for their mistakes for they already done what can do to avoid such kind of tragedy. Of course, there are lots of people who fell into the Ponzi scheme using Bitcoins and other cryptocurrencies, but our government knows what's going on and didn't put the blame on Bitcoin.
Bitcoin has been regarded as an asset in our country, and our country also supports the further development of Bitcoin. There will be a little tax on the purchase of Bitcoin in our country, just like we have to levy a certain tax on luxury goods, etc.
Bitcoin is legal in our country and the government has nothing to do with it as it makes people free and achieve financial freedom.
There are rumors that when NFT become popular in our country and people are getting knowledgeable about cryptocurrency, they are saying that they will get taxes from it.
For sure, many investors will disagree and will not do that and hopefully, government will not bother those people who are working so hard in a crypto investment like bitcoin and other coins.
There are rumors that when NFT become popular in our country and people are getting knowledgeable about cryptocurrency, they are saying that they will get taxes from it.
For sure, many investors will disagree and will not do that and hopefully, government will not bother those people who are working so hard in a crypto investment like bitcoin and other coins.
Although the government of my country opposes bitcoin, the people of this country are indirectly involved in the use of bitcoin. They have been doing business with Bitcoin in various ways under the guise of the government. However, the idea is Bangladesh will have a positive attitude towards Bitcoin in the future.
Indonesia is one of the big countries in Southeast Asia, there are lots of people here who play Cryptocurrency. Starting from trading crypto, Investing, Airdrop, Bounty and others. But unfortunately in this country people here can't directly use Cryptocurrency for shopping, so if you want to shop for daily necessities, you have to exchange crypto coins for fiat first.
But the people here are happy, even though the government does not accept bitcoin and cryptocurrencies, the country does not prohibit crypto trading and crypto investment.
But the people here are happy, even though the government does not accept bitcoin and cryptocurrencies, the country does not prohibit crypto trading and crypto investment.
10% + what we call surtax, which depends on where you live in the country - and as far as I can see in the capital surtax is as much as 18%.
True, I forgot about surtax as in the part of Croatia where I have residence we have 0% surtax, so I kinda got used to not take that into consideration. AFAIK Zagreb has the highest legally possible surtax in Croatia and yeah, it's far from negligent amount.I don’t know how smart that is, because laws can change at any time - and it’s also a question of whether there is any condition for a person to be exempt from paying crypto taxes (in terms of length of stay in the country). If I went to live in Portugal with a crypto I bought in another country, would that mean I don’t have to pay taxes if I sell that same crypto in Portugal?
Well, they are really adamant about avoiding paying crypto taxes in Croatia out of principle (corruption etc) so they are looking for ways to pay as little as possible, or avoid at all. Some of them are also full time in crypto and plan to stay in this industry so they are looking for a long term solutions. Another option I heard them mentioning is Belarus which also allegedly has very favorable crypto/tax laws (or lack of 
).
In my country bitcoin is not banned or restricted but anyone that has anything to do with any form of crypto currency is tagged a scam, a fraudster in our words " a Yahoo boy". This gives Bitcoin a very bad look to the general public. Such that, before explaining what Bitcoin is to someone they believe they already know all they need to know concerning it. Thereby making it difficult for business owners to trust Bitcoin and any other crypto currency let allow Bitcoin transactions.
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