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Topic: Will bitcoin in Southeast Asia be legal? - page 16. (Read 4618 times)

full member
Activity: 384
Merit: 100
September 02, 2018, 12:44:14 PM
I think bitcoin still needs a lot of time to be legal in Southeast Asia. Because there are currently countries that don't like bitcoin. So bitcoin still takes time until everyone receives it. I believe that bitcoin will be legal in Southeast Asia. that's my opinion.
full member
Activity: 1048
Merit: 102
September 02, 2018, 12:41:53 PM
Yes bro, my country including those who have not legalized bitcoin, it all depends on the government, we have to be able to make the government believe about the future of bitcoin, we also have to make the bitcoin community bigger and get the attention of the government so that it issues regulations
full member
Activity: 519
Merit: 122
September 02, 2018, 10:09:40 AM
Southeast Asia is a huge, fast-growing market.everything depends on the authorities of this region.If they are smart that bitcoin will be adopted and will be legitimate
member
Activity: 193
Merit: 10
September 02, 2018, 06:49:44 AM
There will be positive and negative impact when in will become legal in Southeast Asia, because when it is legal taxes and so on will be the main problem in the country again example in my country, corruption is the main problem and the government saying that they're only getting some taxes for their wages but the most reason is they're getting all of the taxes and put it on their own pocket for their daily needs.
And the positive impact is it will be easily to get in other money transmittal branches.
member
Activity: 336
Merit: 10
September 02, 2018, 06:15:50 AM
Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?

I do not particulary know which specific country/ies, but there are already ones which legalized bitcoin. Here in the Philippines, we are able to utilize bitcoin like there are establishments which accpet bitcoin as payment but i do not know if it is already legalized here. But we do hope so.
jr. member
Activity: 69
Merit: 1
September 02, 2018, 05:47:05 AM
Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?

In my country, still no news about legalized Bitcoin, but my country still let us to do investment in there, just prohibit us to do transaction using it. Hopefully in near future my country will let us to do transaction using Bitcoin.
newbie
Activity: 59
Merit: 0
September 02, 2018, 05:25:25 AM
A lot of countries in Asia have already legalized Bitcoin. Even in the South Eastern part of the continent, the governments are not hostile to Bitcoin.
newbie
Activity: 58
Merit: 0
September 02, 2018, 05:06:24 AM
Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?

Bitcoin is not illegal in most south east asia countries, it just lacks regulations because it is decentralized. Once it is widely accepted and regulated, no wonder that the impact would be positive as more people will learn how the market works and eventually learn how to invest making bitcoin larger than ever before.
full member
Activity: 532
Merit: 100
September 02, 2018, 05:04:50 AM
I find that most countries in ASEAN banned bitcoins. Like many countries in the world like China. However, many people in these countries are investing in bitcoins. I hope in the future these countries will accept bitcoin.
sr. member
Activity: 532
Merit: 250
September 02, 2018, 04:49:34 AM
Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?
The legality of bitcoin in Southeast Asia countries actually depends on their government. Some government banned bitcoin in their country maybe because they they cant get any benefits from it. Im hoping that someday it will be legalized so many of us are able to invest in bitcoin and be successful.
newbie
Activity: 59
Merit: 0
August 26, 2018, 02:48:19 AM
We can only hope in this case because all of this totally depend of the government and the government is trying to regulate it but i think it will soon be legal.
full member
Activity: 210
Merit: 100
August 25, 2018, 10:31:43 PM
Read this: https://cryptoslate.com/how-bitcoin-and-cryptocurrencies-are-transforming-southeast-asia/

Crypto has already begun making an impact in that region. The market there is great for crypto as more people have access to smartphones than to banking services. This in turn has increased the use of mobile payment platforms such as Linepay and Wepay and therefore hints towards the idea that a formidable crypto payment platform will be easily adopted. There is already one exchange platform called omisego that has partnered with Alipay that allows southeast asian crypto enthusiasts to transact in crypto.

We have more info on the omisego platform as well, feel free to check it out: http://bit.ly/OmisegoGuide101

Cheers
I really hope that Cryptocurrency in asia be legalized.  Seeing how it has helped and enhanced the way of living of the asian through its value and accessibility.  Having it legalized is not just partly needed but excessively necessary.
full member
Activity: 406
Merit: 100
August 17, 2018, 11:33:47 AM
We don't need to be legal in certain areas of the country. If it can be legal or not then people can still do crypto or bitcoin. Being legal is not just a plus point but the government will be able to support and be able to introduce it to the country. The government cannot have bitcoin and crypto control in the future. Cool
newbie
Activity: 26
Merit: 0
August 17, 2018, 10:25:01 AM
Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?

Only Japan , Korea and China have a legislation about  cryto current  and the other countries from southeast  have not  even started  yet  but in my county have not yet a  legislation although  crypto is not declare as illegal .
member
Activity: 294
Merit: 10
August 17, 2018, 10:16:10 AM
for now only a few Southeast Asian countries have received bitcoin or legal bitcoin in the Southeast Asian country. It still takes time if received in all countries in Southeast Asia, because bitcoin is still in the development stage. Maybe in the future bitcoin will be accepted, if the development is good.
newbie
Activity: 152
Merit: 0
August 17, 2018, 10:11:41 AM
Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?
it's hard to find a way out of this.
if according to my opinion, whether it is accepted or not depends on the government in a country.
whether they want to accept bitcoin or not.
sr. member
Activity: 896
Merit: 267
★Bitvest.io★ Play Plinko or Invest!
August 17, 2018, 10:09:39 AM
Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).
Will the impact be positive or negative?
We all know that there will always be a positive and negative impact but yes there is a chance that bitcoin can be legal in Southeast asia in fact a country like Philippines which is belongs im southeast asia countries, already know about bitcoin and cryptocurrency. Some filipinos choose to invest in bitcoin. And it also depends on the government if they are going to ban bitcoin in their country but lets just hope.
jr. member
Activity: 238
Merit: 1
August 17, 2018, 10:06:45 AM
I think that will happen, for now only a few Southeast Asian countries have received bitcoin or legal bitcoin in the Southeast Asian country. Maybe in the future all countries in Southeast Asia will be accepted.
newbie
Activity: 83
Merit: 0
August 17, 2018, 10:04:58 AM
You know, bitcoin is very legal in Southeast Asian countries. The only thing is that, if the government tries to hold on bitcoin. Or ban it. That's the only case it is not available in ones country.
newbie
Activity: 58
Merit: 0
August 17, 2018, 09:56:58 AM
Negative and positive impacts I think there will always be, especially bitcoin, blockchain is a new technology that not everyone can accept. For the Southeast Asia region, Thailand has already regulated bitcoin to be used in the tourism sector, and I also read the news of Bangladesh countries banning bitcoin.
It's only a matter of time for bitcoin to be accepted in Southeast Asia, with more and more countries legalizing bitcoin and feeling the benefits are greater for life.
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