risk of money laundering, proceeds from or funding of terrorism/crime, fraud
This is correct, money laundering and fight against financial crimes are the reasons for banning bitcoin, yet some of the countries ban bitcoin only not to lose tax. This is not fair clearly. To me, bitcoin should ve accessible by anyone in the world. 
Topic: Why bitcoin is not supported in some countries? - page 101. (Read 98470 times)
Bitcoin is not illegal because it poses any risk to the citizens of the countries where it is banned. Rather, it provides an alternative, open, P2P monetary system (and an exit for some) which is seen as a threat to their centrally-controlled, legacy monetary system. Some of the countries where btc is banned include:
1.Vietnam
2.Iceland
3.Bolivia
4.Ecuador
5.Kyrgyzstan
6.Bangladesh
1.Vietnam
2.Iceland
3.Bolivia
4.Ecuador
5.Kyrgyzstan
6.Bangladesh
Because bitcoin is very usable and it useful in many countries that is technological and very ineed of money for many are in need of money.People use bitcoin for many ways and it is very possible to be famous in whole world.So Governments allow and support country.
my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country.bitcoin is accepted as well in my country so
That is true.
Be wary once it is being populated.
This might change the fact that it is a free currency. There will be making some rules which you wont expect and they will be enforced with speed.
Once a lot of money is at stake they will want to have a part of that too.
This aint new considering they have done it with other commodities.
my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country.bitcoin is accepted as well in my country so
That is true.
Be wary once it is being populated.
This might change the fact that it is a free currency. There will be making some rules which you wont expect and they will be enforced with speed.
Once a lot of money is at stake they will want to have a part of that too.
This aint new considering they have done it with other commodities.
my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country.bitcoin is accepted as well in my country so
That is true.
Be wary once it is being populated.
This might change the fact that it is a free currency. There will be making some rules which you wont expect and they will be enforced with speed.
Once a lot of money is at stake they will want to have a part of that too.
This aint new considering they have done it with other commodities.
my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country.bitcoin is accepted as well in my country so
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
In some country they banned bitcoin, and other nations why they're supporting it because they thought bitcoin was a threat to their business and can have a conflict once they adapt bitcoin, just something like that.
Bitcoins gives national conflict on each banking system on all countries thats why some other countries banned their country men to used this coin, But their banned implementation has not been totally cast since there are several people who came from banned countries still using it since they know they can get more benifits unto it and rather can earn more money from staking and job hunting with the help of this coin.
To my knowledge why many countries still reject Bitcoin and have not been declared illegal in most countries. Although there are some countries (such as Argentina and Russia) that strictly prohibit foreign currency.Other countries (such as Thailand) restrict certain currency entity entities such as Bitcoin exchange.
Policymakers from various countries are taking steps to provide individuals and businesses rules on how to integrate this new technology with the rules of the formal financial system.For example, the Financial Crimes Enforcement Network (FinCEN), a bureau at the US Treasury, publishes a freelance guide on how governments handle certain activities related to virtual currency
Policymakers from various countries are taking steps to provide individuals and businesses rules on how to integrate this new technology with the rules of the formal financial system.For example, the Financial Crimes Enforcement Network (FinCEN), a bureau at the US Treasury, publishes a freelance guide on how governments handle certain activities related to virtual currency
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
In some country they banned bitcoin, and other nations why they're supporting it because they thought bitcoin was a threat to their business and can have a conflict once they adapt bitcoin, just something like that.
I have heard that bitcoin is not supported in some countries. But why ? Is it because bitcoin is risky ? Some countries even declare 6 months jail if her people use bitcoin. Is it fair ? I mined few cryptos and have left mining. It was fun and challenging too. But I never got any clear answer. What does my gpu actually do ? I pay electric bill, my room temperature goes high and I get paid. With actually no skill on pc hardware and software. Whole thing is still pretty unclear to me
I think Bitcoin does not support in some countries because they lack access to Bitcoin like the internet, access tools, and Bitcoin knowledge.
my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country.bitcoin is accepted as well in my country so
my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country.bitcoin is accepted as well in my country so
my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country.bitcoin is accepted as well in my country so
Perhaps for that reason they prohibit the use of bitcoin in their country, whereas bitcoin is a digital currency that is not regulated by any state or institution, and should be accessible to anyone through an internet connection.
Yes make in sance, so bitcoins be considered as illegal currency, illegal asset and illegal instrument of investmentthere are no really rules of bitcoins except the system of bitcoins its self,
bitcoins is decentralize that is mean bitcoins is high risk losing value for invest in it, so some countries doesn't support bitcoins
for currency, asset and any other related bitcoins.
my country is not supporting anything like drugs/bitches
bitcoin is accepted as well in my country so
In my country, bitcoin is also considered legal currency but because very few people know and care about it, it is still not recognized and used. I hope everyone will soon realize the benefits of bitcoin so that bitcoin can be used in my country. bitcoin is accepted as well in my country so
Perhaps for that reason they prohibit the use of bitcoin in their country, whereas bitcoin is a digital currency that is not regulated by any state or institution, and should be accessible to anyone through an internet connection.
risk of money laundering, proceeds from or funding of terrorism/crime, fraud
This is correct, money laundering and fight against financial crimes are the reasons for banning bitcoin, yet some of the countries ban bitcoin only not to lose tax. This is not fair clearly. To me, bitcoin should ve accessible by anyone in the world.
Bitcoin is not supported in other countries because they protect their own currency. They afraid that their currency is down. The government is fear, they want to protect their own currency.
No that is not right that they restrict bitcoin because to protect their own currency but the actual reason is that they are of the opinion that with bitcoin some criminals will start their crimes and we will not be able to trace them with their financial activities. 
risk of money laundering, proceeds from or funding of terrorism/crime, fraud
That is the most feared by the government of a country, let alone bitcoin decentralization and anonymous. So it makes the criminals the easier it is to act certainly the government is reluctant to let that happen So they do not allow bitcoins in their country Jump to: