Topic: Will bitcoin in Southeast Asia be legal? - page 5. (Read 4618 times)
if I don't think it's illegal, bro. if legal, the government will strictly prohibit its people from investing in bitcoin. but if more precisely bitcoin in Southeast Asia the law is still neutral ..
Don't worry about bitcoin in Southeast Asia, in facing the global market, the country will consider and it seems to be more friendly with bitcoin.
So for the community, it will be calmer with transactions using crypto.
So for the community, it will be calmer with transactions using crypto.
the legacy of bitcoin in southeast asia is very likely to occur, because countries in Asia have not prohibited their citizens from engaging in transactions with bitcoin, only that thing has not been legalized. I am sure that the increasing number of bitcoin users in Southeast Asia will affect the legality of Bitcoin.
I believe that Bitcoin will get legitimacy in Southeast Asia. Bitcoin is becoming very popular day by day. This is creating many of our workplaces. It also offers many opportunities. Considering all these aspects, I believe that Bitcoin will get legality in Southeast Asia.
Im from southeast asia and I dont have any idea whether it is going to be legal or not. As of now, I haven't heard any countries having any stand whether they want to regulate bitcoin or not. It is neutral and the government does not care.
yes you are right, most governments in southeast asia do not care about bitcoin and as if they would prefer their own currency, they are able to build a developed country without the help of bitcoin. 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).
In my country bitcoin is not legal but i think if they allow bitcoin to be legal here, it will be a great help in internatinal business. Will the impact be positive or negative?
Bitcoin legalisation will be a long way process but i will be a positive impact in countries.
There are many good effects that will occur if it will be legalized and behind the good side there will be a bad side that can be obtained from the legitimate Bitcoin in the country.
Im from southeast asia and I dont have any idea whether it is going to be legal or not. As of now, I haven't heard any countries having any stand whether they want to regulate bitcoin or not. It is neutral and the government does not care.
In my country (Indonesia), there is already a ministerial level regulation, which legalizes cryptocurrency. Although not as a means of payment, but as a commodity asset
Should be similar like other countries anyway, like other countries does it might need KYC for taxation purposes on trading or purchasing, the volume plays a huge impact but of course there's many cases where illegal activities are facilitated by cryptocurrency and was cracked down by authorities, cryptocurrency would perserve a location like another other financial instrument tools for a small group of traders
In Southeast Asia, in my opinion, not all countries are willing to accept bitcoin, especially countries with high levels of corruption, because decentralized bitcoin will make it difficult for corruptors to carry out their actions. But countries like Singapore, Thailand or the Philippines can accept bitcoin because they believe that tourism can grow more if bitcoin is legalized, even though when bitcoin is withdrawn, it still needs KYC.
I think many of these countries are not restricting their citizens in using cryptocurrencies. Southeast asia is composed of 11 eleven countries and almost all of them allow the trading in cryptocurrencies. Singapore was the first to impose tax for those trading in cryptocurrencies while the philippines requires a license to every crypto exchange. The growth of cryptocurrebcies in this asian region is still on its early stage and the future is promising.
It is possible that bitcoin in Asia is legal, the impact I think will be very positive given that many Asians dominate bitcoin.
it seems now that every country in Southeast Asia is thinking of legalizing bitcoin,
they are looking for profits and losses in every bitcoin use,
and I think and hope bitcoin will be legalized in every country in Southeast Asia.
they are looking for profits and losses in every bitcoin use,
and I think and hope bitcoin will be legalized in every country in Southeast Asia.
Currently, some Southeast Asian countries have adopted Bitcoin and Cryptocurrency. But many states have issued a general ban on Bitcoin. Many Asian countries do not forbid you from owning Altcoin, but you can not use it as a payment currency.
Bitcoin is actualy legal
Of course, bitcoin would be legalized in many parts of the world and not just this part of Asia. I strongly believe in the power of blockchain technology and with just a little push, governments around the world would begin to appreciate the enormous benefits of bitcoin over fiat currency so they can adopt it.
All possibilities will occur including for Southeast Asia, because the system owned by bitcoin is very effective for technology in this new era and certainly will have a positive impact on progress in each sector. It only takes time to legalize the blockchain system for the whole world
For Southeast Asia it will be difficult to implement a blockchain system because I, as a Southeast Asian resident, still feel that in my place there is still a lack of understanding of Bitcoin, in my country I still believe that gold and home are real assets, in my country Bitcoin as the worst asset
I think with time, most nations will have no option but to legalize these coins including south eastv asia because the populase will force it and i truly see that time coming. With time the wont be able to suppress the growth
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).
Well if bitcoin truly be legalized to the countries around the world there's no way for the southeast Asians to regret the new technology or the new existence of great currency. Innovation is a must so that if the number of countries that uses it becomes larger the asians will be forced to use it also to gain or follow trend Will the impact be positive or negative?
maybe this is a good idea, but not all countries legalized, because it makes good news about crypto on social media, it might also have a positive effect and write article, please try
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