Bitcoin Forum

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?

very similar to the situation here, that bitcoin to date has not been legalized as a currency. the government only appealed to the public that if we trade with the digital currency this should be vigilant because it has a big risk.
really hope, in the long term bitcoin will be accepted throughout the country.

Hi! I am from Indonesia. So far, there is no policy about bitcoin in my country. it seems the government feels bitcoin is still safe. Btc is in grey area also, not legal but also not illegal.

Well, our government here is adapting it, they legalized an exchange by our Bank central. And would be possibly ban it if there is something wrong happening to it.

We are in a situation similar to yours. The country does not formally recognize bitcoin, but it's not entirely forbidden, but they tell people the high risk of investing in bitcoin, advising people not to participate. But recent changes may be prepared because many countries accept bitcoin slowly.

Hello! From where I came from, The Philippines, Bitcoin is also not illegal. Even our national bank has recognized the revolutionary potential of Crytocurrencies. However, they are also equally aware of the risks associated by cryptocurrencies. So our national bank issues warning advisory when involving yourself with crypto. see link below.

https://support.coins.ph/hc/en-us/articles/201472850-What-is-the-latest-BSP-Advisory-on-Virtual-Currencies-

Here in our country, although they don't tolerating bitcoin in our country and kept reminding everyone about the risk involves with it still they are not closing the door about this kind of opportunity which is we are thankful at. As a matter of a fact we are transacting million dollars per month that is how crypto influence in our country based on data of exchanges.

So far in my country btc or better to say all crypto is treated as forex, so far, when it comes to trading. We don't have taxes for trading crypto, but for mining there are taxes. Other than that,there are yet no other regulations.

Our government reactions for bitcoin is positive , in fact the Bangko Sentral Ng Pilipinas which is the Central Bank of the Philippines where our money has made approves the registration of the two companies to engage in the operation of bitcoin exchanges as part of efforts to regulate the fast growing virtual currency industry.

yes, i've heard how the Indian government reacts to bitcoin users, and I think, they do very exaggerated and unnatural acts. in my country also still not clear, they forbid to do transaction with bitcoin, but also there is no firm rule. they forbid to invest in the crypto world, but the government keeps a stake in Ripple.
but I'm sure my government recognizes that bitcoin and crypto is a very good currency asset.

Canada is being pretty chill about it, to be honest. Provided you pay your taxes whenever you make an exchange with Bitcoin, despite how much of a gray area the tax laws are for Bitcoin. There isn't any kind of hardlining from the government to prevent people from using it, and it seems like a mostly non-issue for the government as it stands. It's just making sure there isn't any crime happening and everyone is following all the applicable laws.

I like it to be honest. I don't know if I want it to change at all since it's a pretty comfy situation we're in right now.

Media Sh*ttng, who frontly looks like an expert in bitcoin but in reality knows nothing, then here comes the government, acting like a superhero who saves people from a risky investments but the real intention is to get tax from it. :D

In the Philippines the government didn't recognize the power of cryptocurrency, they think its a scam last week they give a precautionary issues about it.

The Philippine government has actually been open when it comes to cryptocurrency only having a small blip when there was an issue with some people using the bitcoin to have a ponzi scheme and that’s where some banks suddenly closed some accounts however other than that the Philippines is an open cou try to such investments and a lot of people are actually using it here and spreading a lot of info

Most of the governments in the countries, where are no regulations regarding crypto do not recognize crypto es currency, they do not wont to take responsibility for any risks which there citizens might take. Mainly this is a reason.

For now here in my country our government I think they doesn't care to everyone who own or hold bitcoin. But they give some advises to everyone that be responsible to your bitcoin.

the finance minister in my country forbade Bitcoin being used as a means of payment, but not forbidding Bitcoin circulation, they have been aware of the unstoppable development of Bitcoin.

I heard the news, in various Asian countries only japan and korea which so far still welcome bitcoin. the rest of the ash between legal and illegal. I think developing countries like Asia are difficult to legalize bitcoin because of the level of human resources and the difference in understanding about bitcoin. for me personally, do not really care as long as i can engage in bitcoin everything i can control even though government forbid it.

In my country Indonesia, the government prohibited any use of cryptocurrencies to be used as a payments system, but any investment is still allowed. Recently I heard a news, the central bank of Indonesia have a plan to make their own digital cash, which is it's really good for the Blockchain ecosystem.

We have a similar situation here in our country,our government did not declared bitcoin as illegal nor banned it but warn us the possible circumstances of bitcoin because of its risk and non stable value or volatility that may experience by its users.But as a whole our government embrace the new currency 'cause it have some aspects that is handy for the governments people.Though our central banks not yet declared of accepting bitcoin but i think theres a possibility that they will come up with some positive resolution of this matter.

It is feeling so sad when people fail to understand the bitcoin . our government think that bitcoin is illegal that have no tax issue so they banned it already. It is really a poor thinking because many unemployed people like me. Are living their livelihood by using bitcoin. :(

In our country where when we buy things there is always a tax partnered with it. Our government is now paying a lot of attention in bitcoin since it is said that 8million php were withdrawed last year due to cryptocurrency. Our banks are now studying it well whether we should legalized it or how they can control it. currently, there were a lot of changes in the way we transact which means that it is now one of the main priorities of our government.

Hello friend, I'm from China. My experience is just like yours, my country has not figured out how to define bitcoin anymore.
Therefore, my country chose a neutral position, neither recognized nor legalized Bitcoin nor declared it illegal , but I am willing to wait until China fully accepts bitcoin's day.

in my country bitcoin asset is not illegal yet, but bitcoin transaction is illegal,it means it can't be used as payment. i think my government only want their people secured. but i think they wouldn't ban bitcoin in my country Indonesia

In Ukraine, The National Bank said that bitcoin is not a currency.

I think most countries will accept bitcoin after 2018 because they will know the potential of cryptocurrency worlds and they will only issue corresponding laws and regulations instead of excluding cryptocurrencies and we look forward to that One day, not far from us.

Very sympathetic to you, my country is very enlightened, my country is very friendly to bitcoin, and I can buy some products in bitcoin, hoping to see the legal day that your country announces bitcoin.

I can feel you bro as I am from India myself and it is really a pain in the ass knowing that the government is still not accepting bitcoin as a legalized cryptocurrency. Besides that they are conducting raids on the IT companies related to cryptocurrencies and the major banks seizing their accounts is another issue. With so much of negativity in the air, it really feels difficult to trade crypto in this country. But I do believe there is a real good scope for crypto in the future which is why I wont give up on it.

Hi. I am from Philippines and currently is accepting and trying to regulate bitcoin and other altcoins. As of of this writing 12 more exchanges are on the time of screening of BSP (BANKO SENTRAL NGP PILIPINAS). I really all goes well and soon enough will make our country the most crypto-friendly nation. I just also hope that our corrupted officials can't overlook the crypto nation for they will surely gonna take advantage of it.

hi friends ,, i heard news in your country that bitcoin is banned by the government starting in 2018. is this news correct? hopefully you can answer it as citizens of Indonesia.
This is a link for that news.
http://ekonomi.kompas.com/read/2017/12/06/070000726/bi-larang-bitcoin-ditransaksikan-di-indonesia-mulai-2018

Yes, the government only needs to review the potential of the world of digital currency. so they will be able to accept bitcoin in their country.
however, once 2018 is over I think it's still too fast for bitcoin to be accepted in many countries. because I think cryptocurreny technology will indeed succeed in the long run. it is my prediction because everyone in this world needs internet and understand the technology to use digital this currency.

In my country Bitcoin is seen as private money.
Therefore it is not illegal and more and more businesses are getting build by using the Bitcoin protocol.
However that doesn't mean that the government is liking BTC. They love Blockchain, which they want to see built in a centralized way so they have the control. Therefore I'm pretty sure they new laws to restrict the access and use of BTC will happen at some point in time. And this country I'm speaking of is Germany!
As this state turns more and more into some kind of socialism regime I wouldn't be surprised to see much stricter laws within the next 2-3 years. Especially if Bitcoin continues gaining momentum and the Government feeling the pressure. Bitcoin will sooner or later seperate money from the state as it is pretty normal in the western world that religion and state are separated from each other.
But governments will try to fight against that as hard as they can of course. So this won't be a free rise for us.

I'm from Philippines and I am glad that the Government especially the Central Bank of the Philippines accepts bitcoin in our country. They accept bitcoin here but they don't promote it thou because they know that its too risky because of the volatility. They support it but they don't promote it.

Well here in our country they haven't yet accepted bitcoin formally they still wondering and studying it, its pros and cons they even told investor to just please be cautious of investing in it, not until they're ready to it and secure what's in it, but bitcoin using are slowly spreading and becoming more aware of it.

The central bank here in our country responded with a caution over the use of bitcoin by some retail investors despite the bank accepting stance of the cryptocurrencies. It believes that bitcoin should be use as a payment or remittance rather  an investment asset.
They are also planning to create regulatory standards for the bitcoin and other cryptocurrncies.
Last year, the government first issued regulations and guidelines for the local bitcoin industry as  bitcoin transactions grew to almost double digits before the yearend.

Governments are about to regulate bitcoins for tax collection and KYC updates most of under developing country are trying  are worried how to regulate bitcoins

In our country bitcoin is not yet formally legal but they don't consider it as illegal, our central bank though issued a warning for every individual or group who will used or invest there money on cryptos, losses and scam events encounter during this times will be shouldered  by them and there selves alone.

They already understand it and because of they do not get the benefit, most of developing country will ban it for sure. Their reaction is they can't control the market because many of them are not really opened to government about their tax. But with regulations I am sure this will become great changes but the problem is, will bitcoin still exist when our government trying to rule it by regulating our bitcoin and make it transparent?

Same here in my country, Bitcoin has been rolling here ever since, but not yet declared as a legal currency nor illegal. But, there is no reported restriction on its operation. National media announces warnings not on bitcoin it self, but on fictitious sites that are riding bitcoin's popularity to get money from other people illegally.

My Government is not like yours. It is not yet legal but it is not also illegal since we do transaction with bitcoin freely with no doubts and free. But other banks here already reacted on bitcoin they keep on warned people through news, tv or news papers but our government is not yet reacted on it. I think if they give reaction it will become positive since they see a lot of people who are involved in bitcoin that has better improvement in their lives.

Hello! I'm from France, and my government tolerate Bitcoin, but I don't think they are going to legalize or integrate it in our system.. So we'll see, but i'm not very optimistic about that.

hi im a Filipino and my government dont recognize bitcoin as a currency becuase they see the price of this coin that fluctuate always. They say that if their country man invest money to bitcoin there will be a chance to loss their assets but it can be multiplied the number of their assets if bitcoin pumps so high. But then again they are not accepting this coin as a payment or as a currency maybe in the future if they see the good sides of having bitcoin in our country.

Great! They are even encouraging it.

In the EU it looks like they just want to identify all holders of crypto so they can tax them to death. Tax for holding crypto, tax for trading one crypto to another, tax tax tax.

While doing the taxes they however dont recognice it as currency or give any tax breaks etc. Also they only seem to worry about criminal use like its the only thing it was designed for.

I'm in a country where nobody really cares what you do th make money because of the high rate of corruption and poverty so my government don't care about bitcoin.

hi .. ak also from indonesia it's a few weeks ago a lot of issues about ban bitcoin in my country but now everything is clear if bitcoin should not be used as a means of payment but if bitcoin just made as an asset my country does not prohibit

At the same place I live, the government has not officially announced
But I want the bitcoin to have a place in my country, it will be very helpful.

Same thing happens here. Most of South Asia-South East Asia national government is still having a negative bias about the cryptocurrency. They often afraid that the crypto will go to negative use of it (well actually it depends on each individuals). But nowadays, the local exchanger market has already increased the security by using KYC.

But the redline of it, as long as the crypto was not used on the local fiat market it's totally fine, but as usual to keep it on our risk.

in my country (Indonesia) the government has made new regulations to tighten up, and I am going to issue an issue too. but I hope it will not happen, and just an issue.

Our government does not want people to use and participate in Bitcoin, there are a lot of different reasons, but Bitcoin does not harm the economy of the country. Bitcoin gives me investors a lot of benefits. More than the disadvantages, the attention of the authorities to Bitcoin a lot but they can not control Bitcoin.

In my country Indonesia, the government prohibits transactions using bitcoin and the public is encouraged not to buy bitcoin or altcoin. perhaps the government is concerned that the country's financial stability is disrupted so the government wants to make rules about cryptocurrency.

Oh bro!!What would I tell you??The government of my country is so much negative in the case of bitcoin.Bitcoin is totally banned here in my country.We cannot use them anywhere inside our country.....If anyone caught using bitcoin will be punished. Though there is no definite law yet for the punishment of the users of bitcoin.

Breaking all the rules,so many people are using bitcoin here in our country.But we cannot use bitcoin directly.We have to change them into fiat and then the bitcoins come in our work.But we are hoping that our government will soon declare bitcoin as  legal as he has started to study about bitcoin.

Here in our country, there is no strict policy about Bitcoin yet. Our Central bank said that it's not legal but also not illegal. They have warned people about the risks in participating and joining Bitcoin. I think slowly but surely we will adapt to it soon.

ohm you mistake governments for bankster cartels, these are overregulated systems, that benefit the few

cryptocurrencies, soon will not have a price, range but a style range.

people will accept only cryptocurrencies that suit their affiliation, not their neverending imprisonment...

regards

Even i am from India . What i understand is they have established a committee here to analyse on its functionality and its technology as well for getting a better picture on its blockchain technology. There are many research centres in India as well for testing this stuff. We would come to know about its legality only in the coming days and may be we may get good news if all goes well.

Yes the indian government has started to take some steps openly against bitcoin after a long time of silence.Main banks have started to block the accounts which they suspect to be used for bitcoin related business.

It has created a panic situation among indian investors.They had enjoyed tax free income from bitcoins these much days and those days might remain as a dream for them here after.

But still,it has not been completely announced as illegal as government might have realized that it could not ban bitcoins completely.

Not all governments are in favour of bitcoins, some of them are opposing it and taking steps liking blocking accounts suspected of bitcoin business and transactions
there are a few governments which have not banned or taken any measures against bitcoin saying bitcoin isnt legal or illegal

It is no surprise that most governments don't know how to treat Bitcoin. Some of them started to treat as a currency and a normal way to pay with but there are also countries which consider Bitcoin as something illegal which the only purpose is money laundering e.g. making selling drugs easier. It looks like my government is confused and doesn't know what cryptocurrencies are. That is why I am afraid that they might ban it. It will make cashing out more difficult.

In my country, Bitcoin is becoming popular in the past year. The number of Bitcoin users and investments in ICO projects is increasing. The government has not made a definitive decision to support Bitcoin, but has banned the use of Bitcoin and cryptocurrency as a means of payment. However, other Bitcoin-related and cryptocurrency-related activities, such as investment, buy and sell, are still in place and they consider Bitcoin as an asset.

ICO is the biggest headache for the many governments because they usually scamming the investors whoever investing on it. Very few are legit that is the fear of investor and government side too. Some of the countries regulated the bitcoin trading and accepting but some are banned the cryptos.

Still many countries does not made the bitcoin the legal or not. So until you can use the bitcoins without any issue.

The government of ours not impressed by bitcoin and their reaction is not so good.In 2012 our government has banned bitcoin and created a rule that if anyone caught using bitcoin then he/she will be sent to jail for atleasy 8 month.Actually in our country, some hackers robbed bank and take all money in china and converted into bitcoin.So since it's untraceable our government can't do anything, that's why our government has banned bitcoin permanently.

Namaste! Our government is currently in good terms with crypto, they are not banning it nor supporting it. They are currently neutral as there are investors coming in the country to introduce crypto as a payment from a day job especially for those who are working in a bpo industries where most of their clients are from overseas. But I do hope that they government won't impose tax over the income form crypto locally.

Indonesia prohibit bitcoin transactions for pay things like phone, gadget or etc, in this situation bitcoin is illegal for payment,
but bitcoin for trading asset, bitcoin is legal and government would be irresponsible for loss on trading activity.

Bitcoin is something that relatively new to my government and there are many fears that arise because of it. Lately there is a policy that prohibits the use of bitcoin as a means of payment and anyone who caught violating it will be subject to sanctions. But luckily, we still may save it as an asset so buying and selling bitcoin is still allowed to date.

I do not know how my government is really reacting to bitcoin because for us in Tunisia i mean, bitcoin is not known and not famous enough to be discussed. People too do know about it but i am sure that one day all the world is going to consider bitcoin as a real power and thret.

Bitcoin is not yet illegal and not yet declared illegal in our country. At least for now only the Central Bank are kin enough to participate discussion, but only because Bitcoin is defined as investment instrument. Central Bank warning is not bad at all in fact it is for the good. Warning such as; participating in none registered and higher return of investment schemes. Our government has no position yet about bitcoin and altcoins.

well, i guess i could pretty much say that the standing of bitcoins here in our country is just almost the same as yours since bitcoins here aren't that popular either. and i really haven't seen any stores yet that have declared or have announcements about them accepting or will be accepting bitcoins as one of the payment options that they will be accepting for their products or services.

and the government? well they too haven't said a thing yet. the only things that they have been saying for i don't know how many times is that it is not safe to use crypto currencies and that people should always be careful about the things that they are investing their money in which are cryptos. which is why i really have never thought of investing any dime on it yet. instead, i have been working on bounties so that i won't have anything to lose when it becomes illegal in our country. but also at the same time, while it isn't banned yet, i get some pennies because of these bounties that i have been working on. which for me, is a win win situation. :)

Indian government right now are on a row of seizing the illegal account related to bitcoin and in this cryptopeople from india are ready to support but thinking that all this has happened by bitcoin and bitcoin is some alien thing is not at all right.One thing is most common in India and that is most of the people knows only one coin in crypto and they have some alien conception about blockchain.But i have seen changes coming in this introvert thinking and i am sure situation will be better with great number of people coming and doing R&D about cryptocurrency.As i firmly believe knowledge is the only thing which can reduce differences as well as can make society more prosperous.

Bit coin is not accepted by the government in my country. Income tax Department going to find those who have owned the bitcoin. I think it raide will be happen for them.

Bitcoin and cryptocurrencies popularity is on the rise but governments and government organizations are just watching how this is going to evolve.
Right now whole crypto market is very tiny but it will eventually become a threat to Centralized governments which like to control  their citizens in all walks of the lives.  So I would say as of now or in the near future there might be few regulations but they will try their best to crush the crypto movement.

In my country, significant progress has been made in the regularization of the use of cryptocurrencies thanks to the implementation of a new law called "Fintech" that will come into force this year, although the only limitation is that the central bank will be in charge of publishing a list with the cryptocurrencies that will be recognized by the financial authorities, and given the characteristics indicated, it is very likely that Bitcoin can be excluded.

Here in the Philippines to is not declared legal or illegal but our government is aware that many filipinos are using bitcoin as source of income in terms financial needs of it, which i think the government disagree since it bypass the tax here. So, it is possible that Philippines may ban bitcoin in the future. Well, i still think even our government bans it, filipinos will still look for a way to access it.

They said "bitcoin is fraudulent scheme"

In Philippines bitcoin was not officially legal or illegal, because if this annouced that illegal maybe it was banned now but unfortunately not. The government here was aware of what bitcoin is as many filipino used and it was flashed in the televesion but sad to say all of the news was always about scam. Besides bitcoin was still frelly used here but for transfering money only because bitcoin cant be used as a rule of payment.

There are a few countries who accept bitcoin and a few that ha e banned all cryptocurrencies. But most countries have not made up their mind yet. Most governments would like to keep control and have regulations, for various reasons like taxes or to prevent criminal activities.

In my country the government don't support Bitcoin officially, but it is not illegalizing it as well. So people here can work for Bitcoin and trade it, but they need mostly to cionvert it into fiat currency in order to use it as real money offline. Many people here deal with bitcoin and hold it since its price go up fastly.

that is true, in my country, government said that crypto is illegal, and it should not take as good source of financial income

My country does not show support over bitcoin but it does not against it either in fact they let banks accepts bitcoin exchanges so it would be very easy for us to do transactions. My country only release such notifications informing people about the risk of crypto investment and that they are not liable or even cannot do anything the moment our investment gone into something wrong since bitcoin is not regulated. They also inform us the volatility issue of bitcoin and the risk of its absolute value drops anytime.

i noticed that most governments are against bitcoin, for a very obvious reason that this will greatly affect the taxes, and current system would be a mess.

Of course the first thing that's on their minds will prohibit the use of bitcoin, but with a high community makes bitcoin very strong even the whole world is not able to block bitcoin circulating throughout the country, so the results of the government slowly land will certainly find out about bitcoin and how the bitcoin system is working, nothing is impossible for sure the government will be interested in the bitcoin performance system so far, about the government ban is only the guise of the banks who do not like the bitcoin, which will destroy the bank ..

In the Philippines, we have what we called the BSP, Bangko Sentral ng Pilipinas or in English, its the Central Bank of the Philippines. This is the one who regulates the circulating money and all banks in our country. With these, as bitcoin was launch, bitcoin however bavk way then was considered illegal. There are some people who were caught and put to jail. But years later, BSP has slowly accepting it. Lately, it has produced a memorandum presenting the BSP's consideration of bitcoin as not legal and not illegal one. But warns the Philippine Bitcoin Community the risks it may entail.

Yes it is true what you say it, in Indonesia bitcoin problem there is still no policy concerning the existence of bitcoin but bitcoin still running even in Indonesia even though there is still no policy from government.

Same with my country, bitcoin is still gray, not necessarily the rules, whether prohibited or allowed, as long as there is no ban from the government then we will continue to utilize the best time, even if there is a fear of itself if sudden bitcoin banned in my country I confused imagine this incident, what I will do next.

Our government uses crypto-currencies to legalize its revenues.
Like this !

Well, my government didn't take any act against Bitcoin, I think they don't know what Bitcoin is :)
Maybe I am lucky, because if they know about Bitcoin they will ban it.
The first thing that my government will do is to implement taxes in every transaction you will make.

If India has that bitcoin status as you described then good to hear because that is the most common standing in majority of nation around the world and my country belongs to the same category.. But some gives/build a policy about regulation on some portion of the transaction of exchanges,, most of the time they’re under the surveillance of the financial agency that runs behind the central banks and financial institutions for security of investors..

Actually Indian government has taken many U turns regarding bitcoin before.I think that they were confused a little bit. At last, banks have started to close accounts which they suspect to have link with bitcoin earrings.

in my country the government don`t discuss too much about bitcoin they have just told the population that if you trade btc be careful and bear their risks by yourself.

in my country government, you have not legalized this crypto currency as a means of buying and selling transactions, but until now there is no ban on holders of this crypto currency, maybe because my government can not regulate bitcoin growth or because there is no tax for bitcoin, then the government has not legalized bitcoin currency

As off now Philipines government Cryptocurrency regulations  is focus upon articulating a juridical framework for the operation of cryptocurrency exchanges, in addition to providing an inclusive regulatory apparatus for cryptocurrency-based remittance services. Despite local press describing the Philippines’ stance toward bitcoin as “a first of its kind in Asia”, the regulatory apparatus developed appears to be limited in its scope.

in my country every bitcoin transaction is not banned but using bitcoin like the currency of the state is clearly prohibited.
and most importantly the government in my country is not responsible for the losses incurred with bitcoin investments.

It was first wary or cautious of bitcoin and I guess it was mainly because they lacked knowledge about it and first heard about how people got scammed because of bitcoin or other cryptos. They were first neutral when the government of my country did not make any drastic actions but when bitcoin and crypto became even more popular just last 2017, it is slowly starting to accept the presence of bitcoin and exchanges in the country. Since there are numerous users in my country, our government's going to have to adopt bitcoin in the future in order to cater to the citizens.

In my country still in supervision, the statement said that bitcoin is not legal to be used for transaction payment inside the country but its okay to used it for trading, and being warned to not keep bitcoin for investment, it will just the matter of time for the government to regulate bitcoin, I think most of the government in the world will make decision either ban or regulate bitcoin this year

In the UK they goverment arnt saying much except taxes will need to be paid at some stage but they haven’t finalised how or when . They have given warnings about ICOs which is to be expected. Some ICOs awere acting completely inappropriately and illegal so thats no surprise. But not too much in the way of banning crypto here.

Yeeah well, Im from the country with the same status as you, neither legal or illegal in many sense but the news have said its commentaries and feedbacks from what is bitcoin or the cryptocurrency to them. At first they say all the positive things to it, having secure, fast and effortless transaction, Profits in trading and the buy and sell, but at the latter part of  the report they said a lot of negatives and the root word was that, bitcoin is a "Scam". A lot was infuriated but time pass and no news and updates are on the roll now.

Similar to my country Indonesia, Until now the Indonesian government has not been able to provide clear regulation. The 'existence' of bitcoin is not recognized (hanging). The Indonesian government takes firm action against any bitcoin adopters, whether banks, shops or individuals. And bitcoin is strictly prohibited, if used as a means of payment.

Same thing happen in my country. Government has declared  bitcoin can not be used as payment in offline shop or other merchants.
Government does not forbidden me to use bitcoin as investment but they always warn me that bitcoin is dangerous volatile investment.

I think a lot of politics in Russia will turn their corrupt assets to bitcoin  ;D But unfortunately in Russia is it also in the grey zone.

In our country, it is said and stated that it is legal to use bitcoin. But Bangko Sentral of the Philippines does not support any other coins because they do not have back ups for other commodities.

And I think banks was the one declared it's use so that they will be the one to be consulted about bitcoins. In short, they will be in charge of everything that will be involved with bitcoin.

Like what they have said, if someone wants to use bitcoins in their business, people should contact them first for the requirements.

For sure it's for the taxes.

The same situation in our counrty. Bitcoin is both not legel and not illegal. Banks and government in my country recognize bitcoin but they doesnt accepts bitcoin as a payments and it is not a source of income. Because the believe it is some kind of money launderin and it is a scam. So they keep telling in the news not to invest in cryptocurrencies coz it is a bubble that will vanished anytime.

I think this is even more terrible than the national ban on bitcoin. I think your country is constantly brainwashing the masses. While ostensibly endorsing bitcoin, he is spreading bad news about bitcoin and advocating people do not invest bitcoin, which has a negative impact on Bitcoin.

It is just the beginning of all the crypto currencies and none of the government will take this much of risk of declaring them as legal currency and that too this much early. It will take time for the government to observe the performance of all the crypto coins till they are convinced to this point that legalization of all the crypto coins will result in better economic condition of their country and it will help out the people living in their countries.

I live in Russia and my country's government is doing all it can to impose a tax on bitcoins and to buy it for ordinary people. I do not agree with all aspects of this law, but for now I can only observe what is happening.

My country is trying to resolve bitcoin activities on its territory with all its might. There was a ban that residents of my country can invest in ICO no more than 50 000 rubles. I really do not like it, because such obstacles complicate my activities.

Looks like most of the countries mentioned here is like my country. Government is aware of cryptocurrency, but it still holds the distance.
Well I don't expect miracles in 2018 too, because we all now that crypto is still young for a real use. We could see some breakthrough soon though.
I would like cryptocurrency to be legal.

This is disgusting but take this for cause we dont have anything to hold for to fight against on it accept what will government may decision for as long as we have to access bitcoin and been use it for any transaction and also on how we are able to earn.

In my country the government has reacted in an appropriate way before the emergence of a vigorous economy based on cryptocurrencies. In fact the legislators have been very active in this regard and have already developed laws that promise to be quite tolerant with the use of cryptocurrencies, which make me feel really optimistic.

india is trying to regulate in one hand and frighten public in other end saying it is Ponzi but Indian govt is positive towards blockchain technology future will say the fate of bitcoin with 1.3 billion population

at this time  the government in my country is still learning about the technology used Bitcoin. so Bitcoin is only a commodity item and is forbidden to trade using Bitcoin.

It would have been better if it will just stay that way.
They wont care about it and we will do our own business.

Problem is when there is money involved they would want to take control of it.
Tax and everything they will input just so they could take some for free.

My country doesnt care yet but it will be when this value grows again.

Our country has a positive response on bitcoin, to reduce risk of fraud the Securities and Exchange Commission make rules to regulate crytocurrency transactions to protect investors.

Indian government has not made its stance on Bitcoin clear yet. They said that they will catch illegal activities related to Bitcoin for sure.

In my country, Philippines, it is already introduced to people by news, and there is a law made by the government that it is legal. But for now, there are still few companies who use it as a payment in different transactions. The progress of familiarizing bitcoin with the people here is not that fast, but slowly, more citizens are trying their best to be familiar about it and how does it work in the country: what is the benefits of it and how do we use it more effectively. We need more tume for tge people to know it well because failure in explaining what is bitcoin all about will be not good for a country in terms of knowing crypto currencies.

our government our still fine with bitcoin so far so good and no issue found that btc will be banned in our country. Well thats a great news for us btc user here philippines and hopin this will continue for long run.

The government of my country is making negative decisions. Bitcoin is prohibited. They forbid people to use bitcoin as a form of payment. This is a new policy in my country in 2018. I am really sad and worried

In our government, bitcoin is very welcome, even though a lot of people here think that bitcoin is an scam industry, maybe some, but those are not legit organization, but the media and government here in our country are being sympathize when it comes to the issue of bitcoin.

In my country, Bitcoin has been already recognized by the government, even the central bank recognized it and consider it as a form of currency. Although there are some of the busines firms and governement controlled agencies accepts Bitcoin paymen, but there are still a lot of people who do not familiarize how bitcoin works and how to use it.

Our government have been quiet with the issue of Bitcoin so far. I don't hear any negative statements about it from the govt.

I happen to be Indonesian and my government even though I have not officially bitcoin but allow people to invest in bitcoin digital world. it's just that if there is a loss we can not report to the police authorities .

if in my country we are told investment can not be a transaction or buy goods with bitcoin, whether including legal or illegal I was confused there is no certainty but until now still operate not in the block.

In my country, bitcoin is still not problematic by the government. but also not carelessly in mined bitcoin. Bitcoin is rarely used in Indonesian society. only certain circles, who understand technology such as young people.

If in Germany revealed to ban cryptocurrency including bitcoin, because the type of currency it needs international regulations. This is because national or regional regulations created by individual countries are not strong enough to be implemented.

Referring to Reuters on Tuesday (16/1/2018), member of German Bundesbank, Joachim Wuermeling said, all authority in the world, especially in Asia is currently trying to stop the price of wild bitcoin today which is currently referred to as digital assets.  :o

My government has been noticed about the popularity is spreading wider.
The government does not has very strick reaction. They prefer to warn people not to use it but they still allow people to use it specially online investment.

My Government of my country is a supported governance,actually they will not prohibited cryptocurrency to operate because they know many people needs the help of cryptocurrency to promote economic growth and as long as you doing good and not disobeying the law  of the constitution.

Frankly, this is not a bad variant)In some countries people have the criminal penalty because using bitcoin or buy\sell it)

I am from Pakistan and we have almost same situation but few days back there were a news that government is going to caught those who are trading in bitcoins but still there is no case on screen and to hold bitcoin in Pakistan is neither legal nor illegal till now. Let's see what will happens next I think the Government is afraid of bitcoin because it is spreading very fast in my country.

In my Administration bitcoin in perspective of one eye and not support CNRT's presence in the Government I assume bitcoin bitcoin can interfere with the country's economic and financial stability.

Indian government has been stating this for quite some time now and is nothing new. Also the government would be stopping illegal activities using cryptocurrencies, which is job, that it also does with INR.

so far, it has no reaction or say yet regarding bitcoin. so up 'til now, we still don't our stand like if what we're doing is legal or not because bitcoin hasn't been formally decided upon and announced to the citizen. but that doesn't mean that we're gonna stop engaging in bitcoin-related activities.

It's a different situation here in the Philippines. Bitcoin is legal in my country. There's also a city here where there is an ATM Machine and also BTC Exchange services are approved with the Central Bank of the Philippines.

In the Philippines, it is somehow on a gray area as well. The Philippine government is trying their best to makeup a plan to regulate the movement of bitcoins in the Philippines. I guess our government is preparing for the worst and quite possibly, a way to make a profit from bitcoins.

Our government somehow allows it and considered it as legal. Only few people knows about bitcoin that's probably why it's not big deal but the good thing is there's also an ATM Machine here but only at some parts of my country. Even it is registered in local Central Bank, they are considering the risks because some people may use it for illegal transactions that can be converted into traditional currency.

My government still considered bitcoin is not legal yet. But I heard that bitcoin is not considered as the illegal thing too. But the users become increase in my country because people believe that bitcoin give positive thing in affecting their life. I hope it will be legalized soon so it will so much easier for us.

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In my country Bitcoin and other cryptocurrencies are not proclaimed illegal and neither legal. And announcing by my country government that they will consider labeling Bitcoin and other cryptocurrencies as a security, which would bring regulatory oversight and expanded crypto-investment opportunities in my country. My country is following the pattern of several other countries that are conducting thorough reviews of the crypto-marketplace. The pursuit of regulatory oversight of my country and other countries is arguably a response to important trends in the crypto-marketplace. But I hope in the future in my country Bitcoin may get regulated as a security so it may become legal too.

I am from USA but govt here acted the same as it did in india. Don't know what the plan is going on into their mind

In my country Bitcoin is not considered legitimate as many people use their money to invest in Bitcoin instead of depositing in the bank or other downstream development projects.

Many wholesalers and wholesalers are now turning to the Altcoin as the government is unable to control the source of income and taxes on facilities and businesses, so the government decides to issue a ban on crypto.

Most countries in Asia issued a ban on Bitcoin and crypto because many investors withdrew from life development projects.

In my country, a similar situation, bitcoin has no official recognition, but is not prohibited. Projects for regulation are still being prepared, but they have not yet entered into force.

Bitcoin is more known here as an investment so a lot of government officials warned citizens about investing in bitcoin.

With regards to legalizing, there are no laws specific for bitcoin and no news about planning to regulating it yet.

I'm from the Philippines by the way.

As I have seen so far usually the small countries are afraid of bitcoin and hey ban it because I don't know what are they comparing it with. In Europe countries and governments are pretty open for bitcoin

In my country, skepticism and pessimism still circles around bitcoins and cryptocurrency.
There are a few who recognize bitcoins, it's gaining more popularity since it reach high
last year but it's more likely to be low profile. The government hasn't proclaimed it legal
and it seems it's stuck on the idea that bitcoins are still a questionable topic despite it's
wide popularity and high priced value. There are no real updates while other countries are
positively apprising information on the subject.

Well, here our Government is quite supportive in this industry. Bitcoin  was legally accepted by our country in the midst of 2013-2014 though a lot of citizens still doesn't know about the industry. So the Government doesn't focus much on trying to regulate it. Though as years go by, Bitcoin became popular and a lot of the people here in our country begin to explore the industry in which the Government was alarmed because of the increasing no. Of users but they set some regulations in terms of transaction using Bitcoin. That only selected businesses can accept Cyrpto as form of payment.

Our Government don't prohibits the medias to cover some new or articles that in relates with Bitcoin. Bitcoin is widely accepted here in our country though a lot of politicians do engaged here so most probably it is somehow the disadvantage of Bitcoin for me. Due to decentralization and anonimity, These people to tend take advantage of it.

I am also from India. my question is same. Actually our country is facing the problem of black money and terrorism. And crypto currency is good choice for them that i feel. So i think the government will not legalised the crypto currency. If in future company share information with government then it can be legal. This is my personal views.

In my country bitcoin is not also legalized but the BSP reminded that beware of chosing the site you could joining  to avoid scammers. There is also a different pawnshop where you can cash out money from the bitcoin wallet. Our government does not legalized yet bitcoin but they are not considering bitcoin is prohibited.

India stands their comments on crypto on the same page. It doesnt say yes or no. I believe this will end up with collecting more tax those who are involving crypto

Lithuanian government and business people supports Bitcoin tendencies, we even opened a blockchain centre in a capital city Vilnius.
Our people are modern and smart, we have IT and Crypto market professionals.  
We're creating promising ICO's projects and it opens new opportunities for our country.

In our government they are not aware of bitcoin. So its not that legalized in our company but its not prohibited.  But if they found out about digital cyrpto currency they will love it more. Bitcoin for me is just a fast and smooth transactions since its digiyal and secure it cant be stolen from you . Bitcoin had a minimal transaction fee

Im from philippines, in our government they are aware in bitcoin and they are not against to it, but just make sure that the bitcoin users is earning their bitcoin in legal way.

in my country, the government has not provided regulation on bitcoin. they are afraid of bitcoin fluctuations that are considered risky and dangerous for investment.

I'm from Philippines and i'm so very shocked last year 2017 that the concept of bitcoin was released through news.  I think that was the very first time it was broadcast aside from social media.  The government banking association's side also showed there. Actually there is no negative comments from the government but sadly it is like it is not recognized. But they so happy about the investments growth concept in bitcoin.

In my owned country bitcoin is not quitly known but sometimes it is aired in some big television network. As far as i know our government has no any bad or good stand about bitcoin. But the is it is acceptable because if not it has be banned but never. As of now it is not legalized nor never illegal  as far as i know.

Im form philippines, in my country they are many people who is using bitcoin and our govenrment is aware to it and they are not against to it, but just make sure that they earning bitcoin in legal way.

Bitcoins are still not a legal tender and government have been issuing warning regarding bitcoins investment. However, there are a few bitcoin kiosk for buying and selling of bitcoins. Few places do accept bitcoins but are still not commonly used as payment.

my country's government's reaction to bitcoin
my state finance minister immediately banned the use of bitcoin in my country for various reasons
but at the moment they will review the use of virtual currency in my country

Our government is trying to understand bitcoin like a villager who sees spaceship. They don't know what it is so they're scared of it. They're trying to understand how they take our money from our pockets!

I am from Indonesia, the government in Indonesia states, bitcoin far from the economic and security principles. So it is not exactly considered as a means of payment. not ad legality bitcoin in indonesia

Kind of in a gray area as well. Our government doesn't really react well since bitcoins can affect the economic system of our country. You can't just take money out of nothing. You can't trade cash for something that has no value at all and only the mass had made a price out of it.

They still not believe in bitcoin because they believe that bitcoin can be use for criminal attempt meanwhile my government still struggling against corruptor !
And yes.. they afraid if my government legalize bitcoin, the corruptor will take the advantage for using bitcoin as their alternate transaction

In my country, Indonesia; bitcoin is growing fast and rapidly but it has not been accepted formally or legalized.It is also not prohibited.It is still in grey area.The government only announced or informed to public that bitcoin is not a currency, not a legal tender and high risk, can not be used as payment instrument. All risk incurred will become bitcoin holder's responsibility or investors. But bitcoin can be owned and exchanged into local currency.

I appreciate their effort of raising awareness by not accepting btcs and atleast they didn't ban it totally isn't it?

The government is going to tax bitcoin, but so far this law has not entered into force, which means it has not yet been officially recognized.

this is exactly what I experienced in my country. the government only allows bitcoin to become an asset and not as a means of payment, if known someone has made a payment transaction with bitcoin, then the person will be ensnared by law. so right now, I can not do much with the bitcoin I currently have.

I'm from Philippines. The government here is very open to the idea of Cryptocurrency, In fact they're regulating it for a better purpose so that no scams or money laundering will happen in the future, also the Bank of the Philippines accredited just two bitcoin platforms one of it is the Coins.ph.  

Think positive govt is also trying to protect us from becoming vulnerable to cyber crimes by not legalising those cryptoz.

In our government they are not totally aware of what it bitcoin is  they are not also aware what bitcoin can do to change a persons life. Im looking forward that bitcoin will be legalized in our country and I hope that our president will aprrove bitcoin because I know bitcoin really helps many netizens especially when they know how to transact it

Our government reactions for bitcoin is positive .Most of the governments in the countries, where are no regulations regarding crypto do not recognize crypto es currency, they do not wont to take responsibility for any risks which there citizens might take.

I Haven't heard any government officials reacted to bitcoin, I think those government officials is on study in how btc work and what benefits they can get to it. We have the same situation they don't say that it is illegal and there are no report or news that it is illegal. Whatever government reacted to it lets all hope that it has good condition.

So far here in our country The Philippines our government has a positive outlook on Bitcoin, in fact, we have a local currency exchange where you can exchange your bitcoin to local currency or use it to pay our bills or load our prepaid cell phone I'm glad our government has this kind of attitude towards Bitcoin.

For ours-its good tool for manipulation of people. Some day thay set up positive, some day negativ.
And its a very good tool for corruption, becouse of that bitcoin is very usefull in our gov))
Any bribe in btc is not crime... perfect country with perfect lows)

Im from Russia...

our goverment wants us to pay them taxes for bitcoin  ;D

in my country, bitcoin is not well received, but not illegal. we can still engage without problems with the law and the relevant authorities. So, I'm still always involved in Crypto and will be up anytime. I'm sure, the next 10 years will be many countries that will adopt crypto as its advancement of the era of digital technology.

It is unbelievable thing that some modern countries are expressing sceptical attitude to cryptocurrencies. I don't believe in it. Authorities must to understand that blockchain and digital currencies is a future way of development.

What you say is similar to the situation in my country, that the government in my country does not recognize the existence of bitcoin in the country itself but the government advises people to choose their job let alone the government does not prohibit the existence of bitcoin as long as there is no element of fraud and even manipulate the local community.

I think even though govt try to impower the btcd the fiat lobbies will oppose as their interest will be cutoff otherwise

Here in Philippines’ Securities Furthermore trade requisition (SEC) need Reported that it may be recognizing steps with authorize the utilization about advanced currencies in the nation Eventually Tom's perusing classifying them Concerning illustration securities. Those move goes taking after those money related regulator’s issuance for regulations for those cryptocurrencies in Bitcoin prior clinched alongside 2017.

Those puppet times accounted that sec chief Emilio Aquino expressed over a news gathering to late november 2017 that those ever-enduring arrangements with Think as of virtual currencies Similarly as securities something like that that they could be controlled under the country’s administrative code.

In China, Bitcoin has been hit hard by the government's strict policy of control. While China has at one time had more than three-quarters of Bitcoin's total global trading volume, the government has been eager to cool down speculative fever. The latest measures seem to be the most serious. All Bitcoin transactions ended indefinitely at the end of October. Some in the Chinese Bitcoin community believe business will continue after the annual meeting of the National People's Congress taking place in mid-October - but there are no clear indications of that.
BTCBTCBTC

ours here in the philippines wants our government wanting bitcoin because it helps many Filipinos and taxpayers also have a bitcoin tax so they do not get it here in the philippines if they are more promoting it so much more it will help the Filipinos here in the Philippines.

the reaction of various governments on Bitcoins are different, some countries like Japan, Singapore and Azerbaijan  has stood has legalized and recognize bitcoins while others like china  and Iceland still have issues with recognizing BTC, My government too seems not to have a stand on BTC, its neither legal nor illegal

No govt of any country would favour btcs as they are against the economic ethic of the authority

I think bitcoin here in my country is somewhat legal.  Because banks, cash remittances and even convenience stores are using bitcoins.  We can pay for bitcoins to these establishments using bitcoin.  But the government still warns us to atleast be cautious in trading and investing with bitcoin.

Hi there! From Philippines here.
Our country is reacting pretty much in a favorable manner to bitcoin holders, as they have taken steps to recognize bitcoin as acceptable in doing transactions. Central Bank of the Philippines have even encouraged banks to participate in transactions and even remittance centers, They even created an app for exchanges, check Coins.ph.
So our government is in a situation where it favors bitcoin.

Initially Nigeria supported it, but now it's totally out of pictures, like the government does not support bitcoin at all, it's individuals that are promoting it and it's usage..  

Here in my country, Bitcoin trading is regulated by the central bank under the governments mandate of course. They see Bitcoin as a good investment and payment system where our local traders, investors and enthusiasts are quite increasing day by day. With those regulations we need to pass a KYC/AML feature on our local exchanges to interact on Bitcoin trading but some local exchanges are eyeing for Altcoin trading too. We actually don't have a law for crypto but we can still interact because it is not illegal though not legal on the other hand but they accepted Bitcoin as another form of investment.

Many governments are afraid of the bitcoin that is the reason many countries are trying to regulate and control its usage.In my country also bitcoin is neither legal nor illegal so we don't have any taxes yet so many people are enjoying profits from crypto currencies.But still many small country governments are not decided what to do with the crypto currency on their country.

My government has placed a ban on Bitcoin and made it illegal to trade with it. Anyone caught using Bitcoin is arrested and tried in court.

Some government in other countries are really strict because investing with BTC is not secured and very risky. Thats why they are only protecting their people on losing their hard earned money.

I am from Bangladesh.In my country bitcoin is illegal.Cause many people buy bitcoin for avoiding government Tex and vat and day by day it will increasing.A group of people doing this types of thing.And harmful for our countries economical side.Also people doing drag business by bitcoin and few more illegal works which is dangerous for our country.That's why our government band bitcoin for our country.

The governments is not allowing this currency to operate in open system and the people are using this currency after the reaction of these governments against policy to this currency that's why the governments is trying to bane this currency in the future but the US governments said in a news that we should harm bitcoin because the future many businesses will operate through these currencies. It is good to buy bitcoin for the future and thus we will use these for online transaction the governments when realize that bitcoin is improving the economy and through this the hard time can easily be solved then they will be allow bitcoin .

for investment is enough and 2.000 rubles to start and earn on bitcoin

Governments better know the benefits of bitcoins that can help any country to raise their standards of economics. But the only reason they show ignorance to such important element is that bitcoins are decentralized and if they are implemented, there would be no source of corruption for these politicians. All the gates leading to corruption would be closed if bitcoins are implemented.

Bitcoin in my country is still operating in the dark market and at a minimal level, not so many people know about bitcoin and our government and leaders are busy stealing money and does not have time to even know what bitcoin is.

In my country, the government just told the population that if you trade btc be careful and bear their risks by yourself.

Here in my country they did not tolerate people to get into crypto currencies because the media here in the Philippines always spread news about the negativity of crypto they discourage people by telling us that is a form of scam.

Interestingly my government is unusually silent on Bitcoin issue, no comments, discouragement, warning or any other indicator at all. there are however bitcoin brokers operating so i guess the government has a soft spot for it, or just maybe its not sure on how to approach the Bitcoin issue.

In my country  Government is positive on it. In fact government invites some of the BTC expert to discuss the BTC.
 

Our government is not allowed bitcoin to be use as payment method to buy things here, it said from the government authority called Finance Authorities Service. They have been declare the announcement Letter about it. But my government recently reviewing to make National digital currency and I'm still waiting for it. Ah I almost forget to mention that my country is Indonesia. 

Hello, Same here no formal introduction of btc in my country,but what we called Mellinials are the most active in btc.But also theres no law that banned btc.

Actually, I think that our Government has been pretty much receptive and very much open to the concept of bitcoin and its other cryptocurrency counterparts. I think that one of the perks of being and living in a third world country may have helped in being able to determine how and when and what should be done to help the economy and financial sector of our cou try so that we might be anle to be a whole new level in economics and investing on things such as this entices us

We are in a similar state to your situation.

Bitcoin is not officially recognized, but it is not completely banned, but they tell people the stakes are high.

Here in Europe I didn't hear until now that governments would be against bitcoin. Things are developing well

In my country . The government does not prohibit the use of bitcoin. But the government does not recognize it as legal. There are still a lot of investors pouring capital into bitcoin. And everyone can freely exchange bitcoin. That is good news for us. It seems our government has realized the tremendous potential of bitcoin in the future.

Beside consider as criminal money, my government also afraid that bitcoin will make inflation for our currency.
When inflation happen then everything will be expensive ! That's why my government still not legalize yet until they make the decision about how they should regulate bitcoin in the future !

The government's reaction to bitcoin in my country is too afraid to recognize bitcoin as a safe currency for investments and other transactions. So that the government do not recommend his people to use this currency. They do not at all completely ban bitcoin they just urged people not to use bitcoin because it is not safe and can be used for crime.

today most of the governments in the world mostly haven't chosen to ban or legalize, only a few countries have expressed their choosen by legalizing bitcoin and taxing its users like the US and some governments also ban bitcoin from being used, but most are still neither, including my country so I'm still very free to use bitcoin without rules and taxes

No updates yet from my government in Indonesia since the last time they started to declared bitcoin was illegal but trying to apply blockchain system into the government system. So basically the legality in my country is still in gray area and the last time i heard they also try to implement income tax law for bitcoin transactions just like India trying to do right? However i dont think the law can be implemented soon enough, might take several months or years except bitcoin rise again and spook the whole world  ;D ;D

The normal reactions of advising people through the media not to invest in Bitcoin saying it not legal cause it is not approve by the government.

In my country goverment doing policy, as if cryptocurrencies dont exist.
No restrictions no comments about crypto

I am from Philippines and there is a news that is circulating some time now that our government is adapting or accepting bitcoin. Some says this is bad because government will start to implement some kind of tax laws which will make everything hard for us bitcoin owners. On the other hand some people believe that with this move by the Philippine government, other countries as well might considering to do the same move as they did which would be great for us for bitcoin will start to be accepted and embrace by people.

Bitcoin will not be recognized as legal currency because your countru already has one. Bitcoin is just an alternate to fiat money that serves as e-money to do transactions online.
Anyways bitcoin is well accepted here in the Philippines now. Lawmakers are now looking to regulate bitcoin.

http://www.wheninmanila.com/5-things-i-learned-about-bitcoin-and-cryptocurrency/

Hello! I am from Indonesia. In my country, Bitcoin is still not recognized by the Government and its position is still not legal. I do not understand why the Government still has not legalized Bitcoin in Indonesia. But although it has not been legalized, Bitcoin in Indonesia may still be used for investment assets but should not be used for transaction tools. And I hope the Government immediately legalize Bitcoin so that its users more freedom to use Bitcoin.

In my country there is still some kind of silence when Bitcoin and cryptocurrencies are in question. It seems that  both central bank and government are not sure what and how to do with it.
Since I'm from one of european countries I guess they are waiting for some EU directive that will make them to regulate Bitcoin in some way. Only thing they do is to warn from time to time people that investing in cryptocurrencies is risky.

How does your government react to Bitcoin?
I am in Vietnam, my government is too small so their fear of Bitcoin dominating the whole of the financial market is understandable!
And I think that the government of our country to capture the crypto currency market to accelerate the level of wealth and growth of the whole system like VENEZUELA is doing is completely understandable, just how much time it takes. So that the government can understand and do it!
For myself, I will call, support and develop ideas to accelerate and help more people understand crypto currency!

There is no reaction at all, there is no criticism or approval. Just waiting for the position of other countries for this situation.

Same here buddy, I'm from Philippines too. So far our government didn't do such negative discussions about bitcoin. In fact, our national bank here in our country recognized bitcoin which can be accessible through the application coins.ph. The coins.ph application is very convenient to use which we can pay our utility bills like water and electric bill that authorized by our government  and many features as our government support bitcoin that makes everyone of us comfortable through their fast, easy and reliable transactions.

As for my country that has been really open with this new trend of banking, it isnt just really a trend but a successful piece where you can instantly conclude, bitcoins goin to be very successful through other countries.

s well as yours, but invests silently in bitcoin! I think they can not do anything against him!

Thankful that our country is not against this trend.  I likewise saw a news before wherein our central bank accepts or legalized bitcoin.  But they warned everyone to atleast be cautious as bitcoin is not regulated by the central bank.  When having some investment they said that there is a big risk as they did not back up bitcoin.

It's the same here in our country, the government is open with the use of cryptocurrency but is on the process of analyzing it to make some regulations. The government and media always warning people about the risk of cryptocurrency but not entirely negative about it.

I can say that we are so glad here in the Philippines wherein it is not banned even somehow it is risky. Good thing is that they are just reminding Filipino people to be aware about the stability of Bitcoin for it might bring a big losses if not observed. This was a good start for a good acceptance of our country in this new trend about cryptocurrency.

hello i from VietNam, my country dont interdict bitcoin . but goverment want to supervise all exchange !!!

We are located in same country and I also think we are lucky that we can experience this kind of world because our government does not banned the bitcoin unlike in other counteries.

Our government are open with this changes, and this seems a good start for their acceptance and future businesses that may arise in my country. They even warned us to watch for this cryptocurrencies as it might bring big losses of money. On the other hand, they stated that we can also earn big profit from it anyway, maybe in investing or whatever technique that is not illegal or violates or law.

At this moment, my goubernd dont know very much about Cryptos... And thats cool ;)

I come from Japan. My government recognizes the legitimacy of bitcoin, and in my country, the government encourages people to use bitcoin. Many stores support bitcoin, and many companies pay in bitcoins.

refusal for the sake of rejection has been done by a country that does not like the existence of this digital currency.
but unlike my country, my country accepts bitcoin. and it seems that soon the government will formalize bitcoin as a legitimate payment.

There are ongoing talks about what my government will do with cryptos in general, they are still trying to figure out how to tax as much as possible and avoid the evaders.

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The governments think that the generic Bitcoin does not look like a cheat at all, but it's impossible for it to happen because people who have bought millions of dollars from this business have earned it a fraud, you think that Bitcoin would not shut itself down after it rose, I think that the governments,

The government reacts to bitcoin very calmly, and yes, good comments can be heard from different countries.

I've heard how the Indian government is acting on bitcoin users, and I think their actions are very much exaggerated, in my country it is still unclear. They banned investment in the crypto world, but the government still holds shares in Ripple. But I believe my government agrees that bitcoin and crypto is an excellent currency asset.

In some countries, the government banned Bitcoin, in some countries they adhere to the policy like "it is not forbidden, and it seems to be illegal", and in the third, completely legalized and implemented everywhere. For example, Kazakhstan plans to create its own national cryptocurrency. The country has a signed a deal of cooperation with a Maltese firm called Exante to create the cryptocurrency, which is yet to be named. Kazakhstan follows a number of other countries, including Japan, Estonia and, most recently, Russia in developing their own national coin. The currency will be managed by Kazakhstan’s Astana International Finance Center (AIFC). “Astana’s leading financial regulators have already commenced their work and are laying the foundation for Kazakhstan’s fintech-ecosystem,” AIFC Governor Kairat Kelimbetov said. “We believe that the AIFC can become an international hub for Blockchain operations and the development of the digital assets market is our key priority in the near future."

Same here in our country. No policy yet about Bitcoin. It is not declared legal or illegal but people here are earning through Bitcoin and they are still supporting the Bitcoin world. Another thing is our government is very busy in eradicating drugs that is why the crypto currency has not been in their priority list. As long as it cannot destroy the future of the country then the government have nothing against it.

All i know bitcoin is legal in my country and i think they do not care about this because they can not control and if the government control this I am sure that they will be taxing on it because we earn a lot of money here. Bitcoin is a freedom work for me because there is no tax and we can work whatever time you want and wherever you want such a a signaturw campaign we can post whatever time we want just as long as you follow the rules of campaign that you have joined. But why other country banned bitcoin but bitcoin is very helpful to us and habe a good income.

The comprehensive regulation of cryptocurrencies in Russia does not exist. But some laws are already there and functioning. Their main message is that there is no liability for the use of cyberdine. It should be borne in mind that authorization should not lead to abuse. Bitcoins have been and remain a surrogate currency, which is prohibited to pay on the territory of the country. But, since cryptocurrency payments are possible only on the Internet, the Ministry of Finance shows tolerance and loyalty. But a complete ban of crypto-currencies will not follow. They have become an integral part of the modern world, which cannot be left aside or banned. Therefore, it is much wiser to make virtual transactions legal and begin to control at least part of the transactions, than finally drive the cyberbullying underground.

They recently announced that they are looking into taxing bitcoin based on income generated in exchanges, same as with the US. They are currently studying it but after the announcement, no updates yet. I'm afraid that taxes may be too big but hopefully there are ways to mitigate it.

It is only the start of all the cryptographic forms of money and none of the legislature will go out on a limb of pronouncing them as lawful cash and that too this much early. It will require investment for the administration to watch the execution of all the crypto coins till they are persuaded to this point sanctioning of all the crypto coins will bring about better financial state of their nation and it will assist the general population living in their nations.

More or less the same ... The government in my country is still trying to determine the legal framework for bitcoin.

The government in my country states that, bitcoin is not a valid currency or payment instrument. In addition, the government also prohibits the Provider of Payment System Services to conduct payment transaction processing using virtual currency including bitcoin.

Yes, actually, Bitcoin is still in the gray area of ​​my country. not legal, but also not declared illegal.
so, I personally still try to enjoy this status before bitcoin will really be banned.

government reaction in my country is very hard, bitcoin has been banned in my country for various reasons

Some central bank officials reacts favorably on the cryptocurrencies and at the same time warned people about some elements that use bitcoin to scam people. The officials eventually imposed some regulations on the crypto exchanges that currently operating in our country to protect the users from illegal means. There is also a report that the monetary authorities is studying the possibilities of legalizing cryptocurrencies in the future.

Governments immediately warns people by telling them there are risks. We traders know that in the first place that is why it is very important for us to research and explore about bitcoin before we engage in the market. Bitcoin is legal keep that in your minds. Do not let governments dictate you because you are more knowledgeable than them. If we want to get rich through then its better to do bitcoin silently.

In particular, bitcoin is a big thing for the governments in every country we encounter or be part of. For a very long period of time governments hold the economy with such big taxes through the years from generation to generation. That proves that the tax that we pay everyday has a huge impact to our daily lives how much more with bitcoin is having its name in each countries so governments might be intimidated because people are becoming creative and more advanced in using technologies in the world of cryptocurrency.

Hi I'm from Philippines and as far as I remember our country has already accepted bitcoin so it is not in between legal and illegal anymore. But as we all know medias spread mostly the negative sides about bitcoin and its the same here.

is not backed by governments or organizations. Like other currencies, it is worth something in part because people are ready to exchange it for goods and services. Its exchange rate is constantly fluctuating, and sometimes very much.

Me too in my country bitcoin is illegal and not accepted by any banks exist in it because of the older financial laws they not changed to keep pace with the evolution in that field

It seems our government is reacting negatively to bitcoins. they forbid people to use bitcoin,. The use of Bitcoin will be considered a violation of law. This is really a sad thing for bitcoin owners like me

Bitcoin always gets the best attention out of peoples. Now then our government gets familiar with bitcoin system and few official political figure decide that  these feature of bitcoin can't be available to our citizens so they put ban on trading Bitcoin as well other digital currencies as these are decentralized currencies it's far beyond our government's hand. As far as i know whenever it comes to something to deal with financial affair it has massive political effect. So our government personally acting negative on bitcoin.

seems not good. The government in my country is making a decision to ban the use of bitcoin. Perhaps the government does not want people to know bitcoin. Because the government can not manage all bitcoin. It was a really bad decision

We have a similar situation in my country. The Senate in my country said they will be looking at bitcoin and cryptocurrencies as a whole and declare a position concerning it. I am not sure they have deliberated on it because they are yet to make further briefing. All these ban here, ban there are based on the fact that they see cryptocurrency as a threat.

I think in our country, bitcoin is already accepted in some transactions. Although, some already accepted it, the government will have hard time dealing with it, simply because it is decentralized and only those who are big investors have the power to control its circulation

Governments will support Bitcoin. The whole states and authorities will become crazy about Bitcoin not only ordinary people. The time will pass and governments will be obsessed with the ideas of blockchain and electronic money.

I can say that bitcoin is really not considered as legal. And also bitcoin isn't still known to public and there are a few who already new and acknowledge it. But i think that if the government truly understand how it is fast in our city.  Let's use the tasks as the imporation inspiration for us. Im looking forward for the sake of my money.

I think many of government has no reaction on bitcoin and they cannot say about bitcoin but their citizens are really interested in bitcoin and they earn many bitcoin because bitcoin is very beneficial for them and their future, so that's why bitcoin will legalized by government.

Here in japan, government is acting positive on bitcoins because they are using cryptocurrency to improve our own economy but other countries has different idea about bitcoins and they are banning cryptocurrencies in their area, maybe some government are corrupted or other companies are envy about the cryptocurrency investors that's why they want it to be banned.

In my country i think very little people may have the knowledge about bitcoin and that is the reason that still government is not taking such a serious step about bitcoin, i think that when the bitcoin users will increasing in my area, may be then our government will also turn bitcoin as legal currency. Because bitcoin is going to be an essential part of our life.  In future i think that most of the people of the world will start using bitcoin.

Not much is known about bitcoin in my country yet, but the central bank recently came out clear to indicate that since there are no rules for or against the trading of bitcoin, anyone that gets involved in it is doing so at their own risk.

For a long time governments behave like a poker face you can not understand, one day they against another happy to live with that. This creates also speculation in the market as well. They do not make it fully legal on top of that never announce that they regulate it by issuing laws.

bitcoin is now growing in my country, when i came to know about bitcoin at that i think i was the only person who knew about bitcoin in my areas , but now i can see around that majority of people know about bitcoin, they are now taking interest in bitcoin and therefore now our government comes in action, i think they will now going to take a decision about bitcoiin either to make a legal currency or banned it, but i am hopeful that like japan they will also make bitcoin legal.

It is solely the beginning of all the cryptographical varieties of cash and none of the legislative assembly can withdraw on a limb of announcing them as lawful money which too this abundant early. {it can|it'll} need investment for the administration to observe the execution of all the crypto coins until they're persuaded to the present purpose enabling of all the crypto coins will give birth to higher money state of their nation and it'll assist the overall population living in their nations.

Here in our country our government starts a meeting with the cryptocurrency experts and businessmen. Hopefully this is the start of making bitcoin as another mode of payment here in our country.

our government has forbidden bitcoin in my opinion. but it does not bother anyone. all the same people earn on it

Here in my country the government central bank urge to educate the cryptocurrency although bitcoin not yet legalized but government are open to invest or trade bitcoin and the government officials plan to create a national currency and then educate and campaign nationwide about the uses of cryptocurrency.

in my country, actually bitcoin has not been legalized, because the risk level is still high. So the government only appeals that if there is a loss after transacting with bitcoin, then it will be the risk of the user himself. Maybe someday the government in my country will find the best solution on bitcoin policy in my country.

bitcoin in my country isn't illegal things but only consider as digital asset and which mean i still can use bitcoin regularly through an official exchange but although bitcoin isn't illegal my government always give negative news and force people in my country   to not use bitcoin but development of bitcoin in my country was very good and almost everyday i saw people talking about crypto

Germany and Japan have legitimized Bitcoin and are trading normally under the influence of government policies. However, in other countries, the government remains vigilant about digital currencies. The risk of Bitcoin remains high. The government is still studying if it is effective under the guidance of the policy. Bitcoin business. Most countries accept Bitcoin as a matter of time!

In Europe governments are pretty opened about bitcoin. I haven't hear about governments banning bitcoin yet, here in Europe

In my country btc is not illegal, many people are using it. But although bitcoin isn't illegal my government always give negative news and comments, forcing people in my country  to not use bitcoin or invest on it,but many people are still adopting crypto in there life.

Here in my country bitcoin was not legal in fact the central bank study crypto to make it as a payment system but they warned us for being investors that we need to take a risk and it can be loosing of our money when we invest a huge amount which is we all know that in entering crypto for investment due to flactuations of price value.

My government prohibits encryption and encryption. But BTC is global, so there is no need to worry about holding encryption for a long time.

there is an opposite statement between the president and the ministry of finance in my country. the president of Indonesia some time ago in his speech said that we must always be ready to accept the development of digital currency and participate in it. but the finance ministry keeps pressing and wants to ban the use of digital currency, but fortunately for now they only provide some regulation such as digital currency that should not be used as a means of payment.

My government thru its central bank strongly believe in the volatility and unpredictability of bitcoin that is why it issued an advisory and alarmed the citizens to very careful in investing on bitcoin.

In my country, a similar situation, it has not yet been officially recognized, but is not prohibited. I hope that it will soon be recognized and actively used as a currency.

Governments are usually the quickest to pay attention and react to things that earn people money and especially ones that are not regulated. From epidemics to terrorism, nuclear energy, world war, there have been so many things that the governments were able to control and with blockchain technology, governments are standing with their hands tied

In the past few months, our country's government has suddenly announced that it will strictly regulate cryptocurrencies such as bitcoin. All of the domestic encrypted currency exchanges were shut down, which was a bad news for investors, and the entire encryption market crashed.

There is none discussion yet about Cryptocurrency here in the philippines, although a lot of companies are into Cryptocurrency making it useful in legal ways. But hopefully it would be legalized by issuing regulation.

They have not yet pronounced on bitcoin. There are no tax laws if you want to do an activity like trading. We are waiting..

for now the government in my country still legalize bitcoin to be accessed and prohibit bitcoin as a means of transaction directly because bitcoin has not been inaugurated or legalized by the government as a legal and legal currency to conduct sale and purchase transactions in my country

In my country, the cryptocurrency is being accepted, the government still has doubts. But I hope that everything will be resolved for the better.

In my country, the government has not publicly accepted bitcoin, and the government has been strictly monitoring cryptocurrencies such as bitcoin. Domestic cryptocurrency exchanges are all closed, and domestic investors can only trade on exchanges in other countries.

My country is on its way to legalizing bitcoin. As far as I know, a law on taxation is currently being drafted. Let's see what happens.

My government is very bad reaction to bitcoin, through state government banks trying to keep people from using bitcoin by spreading bits of bitcoin

Actually, cryptocurrency is really good for people if they are planning to invest on it because the price is keep on increasing at the market as the time goes by so obviously, everyone who invest a huge amount will really get profit in the end of the day.

if I think the government in my country seems to react neutrally to bitcoin, because my government does not ban bitcoin keep circulating in my country if only as an asset, but the government forbids bitcoin if used as a medium of payment of a transaction of goods

Governments on countries has different presidents and they are the one's who are deciding if cryptocurrency will be legal or not. I hope that every country has the same mind set as japan so that people could enjoy the wealth that cryptocurrency is giving to us.

Our government already recognized the benefits and uses  of bitcoin not as a currency but an investment. Ours also promote the investmemt in bitcoin as an alternative way of generating income. To support this, our country has developed a wallet in which you can directly convert cash to bitcoin and ethereum and vice versa.

until now it is the government in my country does not question the presence of bitcoin because it can provide good benefits for our country's economy and the state of bitcoin is still safe and many people who use it as a source of income ;)

My country already supports bitcoin. It has been encouraging people to invest also in cryptocurrency but they have to take the risks. It is not illegal here because you can even encash bitcoin in banks and a lot of people are doing bitcoin.

When the price is at 20K level the Turkish Government want to regulate it, but after the prices declined, they changed their minds and not talking about it nowadays.

Govt of any nation could as much as ban in their ow. country fluidity even though people wouldn't cease trading illegally I think

The government in my country not fully banned bitcoin. they still allow bitcoin to circulates.
but they prohibit to use bitcoin as a payment. Trading with bitcoin and other crpyto is allowed.

As far as I know a country like Canada hasn't even banned btcs but have favoured its complete fluidity in their country so its just great if I am true ofcourse

Here in our country our government is not making a move to ban bitcoin. Our government just keep telling the people to take precautionary measure towards bitcoin. So that they don't lose money if something happens to bitcoin.

In my country, the Philippines, my government doesn’t really care about bitcoin. They don’t have any idea about it and if there is, I think the legalisation of bitcoin is not their priority.

in Indonesia my beloved country, the use of bitcoin does not very much in your country where in my country there is no legal rule in writing governing the use of bitcoin, but the appeal to not use bitcoin has been announced which means bitcoin in Indonesia is not illegal but also has not been legalized , for that to be my current concentration is how to get as much bitcoin as possible and get a profit of magnitude from bitcoin.

From where I came from, Bitcoin is not yet legal and is not illegal as well. Our government acknowledges the good things that it can bring to their people but also reminded us about the risks for possible illegal activities like fraudsters and scammers. But slowly we are adapting to Bitcoin some establishments are starting to accept Bitcoin as payment, we also have Bitcoin ATMs already. Our government are already on the drafting process for the regulations for Bitcoin. I can say it is indeed a great start for Bitcoin in out country.

RBI in India officially warned people of the potential dangers but I don't think they would completely ban it

 In my country, the government legalized the crypto currency, mining and ICO. Mining is not considered an entrepreneurial activity, and tokens are not subject to declaration.

Our government are accepting the technology with open arms. Government agencies that are connected with this type of things are now studying on how the public can benefit from cryptocurrency and also studying things on how it cannot be use for illegal activities.
Public officials are also planning to pass law with regards to it. Well-known businessmen are now getting involve in crypto too, like launching ICOs and such. I hope this will go well so we could benefit from the technology and profit it offers.

Wow, i'm really some kind of shocks when i did hear that there are exist a goverment that has an open arm , using all the convenients of Bitcoin with all their heart. It's really nice for you also to live in that country because i saw they adopted it also. I think your country must be Japan, the country where people are welcoming the new technology , not being afraid of it.

My government not know what Bitcoin is hhh

In my country, for the moment, the btc is ignored. The government lets it and prepares itself to promulgate a law. Perhaps the authorities are waiting for some other country to issue legislation to be inspired by it.

Here in our country, our government are already aware that Bitcoin's existence yields to the lots of users going beyond it because of what it can give and offer though it was not yet widely legalize and used by many people for the reason that only few know how to use it effectively. Although that was the scenario, they do not react negatively because despite of what I have mentioned, they still allow us to effectively use it and do not play as a hindrance for us to work into our job regarding Bitcoin so we can still work normally and use it freely.

I think the difficulty is that the government can not just tax cryptocurrencies and that's it. If you want to tax something you must also regulate it in all its aspects, protect the owners and so on.

I haven't got any such news of disturbances in USA. probably they know that people will be mass protesting against the action in this fear

they warn people but do nothing about it hahahah

We have so many issues bordering the government of my country,  there are still trying to bring their people out of recession,  so I think the issue of bitcoin would be the less important thing to them,  they don't even understand how the Blockchain works and they don't care.  Bitcoin business is freely carried out here without questions from any government body as long as you keep paying your task.

I am from Jordan , and currently our government is prohibiting using cryptos

Our government has several times changed its mind about the regulation of bitcoin and crypt. From the introduction of criminal punishment to their full legalization.

Same here in my country as well government is not against bitcoin so they are not saying it to be ban at all, in my country bitcoin is good to use for a lot of things that we use to do with our regular currency only, for me bitcoin is something really huge and it will be safer and higher in price as much as they are allowing us to use bitcoin, today bitcoin investment is the best way of earning and it is very easy to get money with bitcoin, for it is very sure that soon we will see the bitcoin as legal currency after the very short time of one of two years.

until now the government is still being normal no serious handling and I do not question it because for me personally will only waste time and hopefully soon give a good insert into the future even if the government firmly in the face of bitcoin progress and my country's role of government is actually very necessary once as support and power of law.

I am very lucky that i am living in japan today because my country wants to be the number one cryptocurrency holder of the entire nation and they are allowing people to mine coins so we can all earn more wealth easier more than working on the corporate world.

Well at first the government in my country really want bitcoin to end because they hear alot of issue like it is being used by terrorist and druglords in their ilega transactions,however as of now they started to recognize bitcoin maybe because it also helps alot of people to earn and have enough money for their daily needs so it will lessen the poor and unemployed in my country.

Bitcoin in my country is in limbo.The government cannot accept it, because it has not decided how to control it (interestingly, they understand that it is impossible?).

Here in my country, I think the government are against in bitcoin because of the scammers that caught of the police, it is shows on the television the bitcoin scammer here in my country. His modus are in investing, so if you want to invest you need to be careful to trust anyone.

Well, in my country thebitcoin is legal and in fact, the governments and banks are supportthe bitcoin, but still, there are some warning on the bitcoin user becayse now, more of the people have using bitcoi  ti scam others loke a news in my country last night. And luckily, there's no other crime activities that the bitcoin used except in the scamming

my bitcoin country is still accessible but not yet fully authorized and the government prohibits direct deals with bitcoin because bitcoin is not a legitimate currency in my country

Very similar to your country, the government is worried that people investing in Bitcoin will cause huge losses and constantly remind people to pay attention to risks. I recently saw India's policy I am very worried because it affects the price of Bitcoin and I hope that your country will adopt an active policy on Bitcoin as soon as possible.

In my country the government allows bitcoin to operate. Everyone can participate in bitcoin. Students, students can participate in the hold on the bitcoin forum. But the government does not encourage people to use bitcoin. They advise everyone to be cautious when investing in it. I hope in the future the government will support everyone involved in bitcoin.

Our government does not prohibit bitcoin but they do not encourage people to use bitcoin. Even on the media they also advise people to be careful before investing in this currency. But I am aware of bitcoin and still decide to invest in bitcoin. This is a way to make my money.

Actually Indian government has taken many U turns regarding bitcoin before.I think that they were confused a little bit. At last, banks have started to close accounts which they suspect to have link with bitcoin earrings.

there are still many countries from all over the world prohibiting the use of bitcoin including my country, but we are still allowed to invest with risk risk remains a personal responsibility and the government does not give responsibility to someone who lost money when the price drops

My government does not prohibit the existence, exchange, investment, accumulation of Bitcoin. But the government also warned not to accept Bitcoin as a currency used to trade in the market or to view Bitcoin as a commodity. Sure, it will be time for the government to see Bitcoin more positively as the Philippines is an example.

The government in my country says that prohibits bitcoin as a means of payment, meaning it is illegal to buy goods or as a medium of exchange for replacing legitimate currency in my country. So far the ban is limited to that. t seems the government is interested in the existing blockchain system in bitcoin, but not with bitcoin instead of currency.

the Indonesian government still considers the bitcon is illegal. but the government also does not prohibit its people to invest in bitcoin. even the government has created its own cryiptocurrency with a reason to offset the cryiptocurrency that existed first .It's just that the government forbids bitcoin in use as a means of transaction.

Government do really hate bitcoins because their industry is affecting negatively and more of the complains are coming from banks because most of the people are preferring to invest their money on cryptocurrency more than placing their money on banks.

how do you know that your government restricts bitcoin? Do they announce it publically? if it is trully illegal in your country then your government will make a propaganda or a campaign that will restricts you to use bitcoin. they also have the power to blocked online exchanges , gambling sites and any other sites that is somehow related to bitcoin. however if you still be able to use it on your country , then that simply means bitcoin in your country is fully legal and not restricted at all.  

bitcoin in my own country is also legal and infact many new business are going to partner with bitcoin based on the local news on our country. Banks were also fully supports bitcoin even though that bitcoin can be a good threat to them.

Hello everyone , I am from Hashemite kingdom of Jordan, trading in Cryptocurrency is forbidden from the central bank of Jordan , but i hope they will change their minds as this is the new future it can facilitate our transfers and payment methods.   

how would you realize that your legislature limits bitcoin? Do they declare it publically. on the off chance that it is truly illicit in your nation then your administration will make a purposeful publicity or a battle that will confines you to utilize bitcoin. they likewise have the ability to blocked online trades , betting locales and whatever other destinations that is some way or another identified with bitcoin. nonetheless on the off chance that regardless you have the capacity to utilize it on your nation , then that just means bitcoin in your nation is completely lawful and not limited by any stretch of the imagination.
bitcoin in my own particular nation is additionally lawful and contaminate numerous new business will cooperate with bitcoin in light of the neighborhood news on our nation. Banks were additionally completely bolsters bitcoin despite the fact that that bitcoin can be a decent danger to them.

Close to consider as criminal cash, my legislature likewise perplexed that bitcoin will make swelling for our money.

At the point when swelling happen then everything will be costly ! That is the reason my administration still not legitimize yet until the point when they settle on the choice about how they ought to direct bitcoin later on !

Luckily, in my country Philippines, it is good to say that the governments are support the bitcoin and not only the governments but also the banks, the bsp oe bangko sentral ng pilipinas support the bitcoin to spread in my country but they have some warnings about the bitcoin so that they got alert when having a problems

The government in our country, the Philippines, is trying their best to adapt or adjust the money system with cryptocurrency. It is still a dilemna as to how they would react with cryptocurrency be it goood or bad. But there have been a lot of reports that bitcoin scams are rampant in our country.

Here our country the government just open with bitcoin. They are allowing people and business to use bitcoin on their transactions and other activities. They are not putting bitcoin on banned status and I think that they have no plans to do that, and we our hopes are so high that they will not change their minds towards that. The only thing that are against with bitcoin here in our country are those people who were been victims of scam and fraud by other people who used the name of bitcoin on their illegal doing. We are also hoping that those criminals will be apprehended and clean the name of bitcoin for us not to get problems in the future.   

I think, we have in same condition. Our central of bank was make a rule, Bitcoin can't change to our currency. And for investment, it's still in grey area. Basically, an investment is depend with the investor. In legal investment, government protect their money for some risks. But, in Bitcoin investment has no protection from government. So, no taxes put from crypto assets.

Maybe many against bitcoin because for them, this is not a recognize currency and also it brings huge salary to every bitcoin user without paying any tax that a government need to sustain its needs.

In India Bitcoin was never legal tender but Bitcoin is not illegal. If some one want to buy Bitcoin in India he has to register on Zebpay or Unocoin and submit his PAN card, Aadhar card, Bank details. All the transaction will be made to and fro through bank only with tax invoice. all the payments will be made after tax deduction.

same in here. in our country the government gives a neutral reaction about bitcoin. but they do not accept bitcoin as a payments

They appeal to and threaten the market share of bitcoin investors for a variety of reasons on the risks and volatility of the crypto market. They do not favor bitcoin as a payment method or form of investment. However, there are no rules and regulations issued to the public. It is still open. And I remain comfortable with their neutral status for my investment.

Well, I am from India too and as we all know that government is trying to restrict the usage of cryptocurrencies in India as they don't want us to hold our wealth in anywhere else where they can not control it. Recently, the government has instructed banks not to entertain entities dealing in crypto business so they are trying to block banking channels for the crypto users. However, I am sure that such things won't affect the growth of it and I am optimistic about post 5 to 10 years picture.

Our government has nothing to do against it but they warned us about investing in beacuse it’s risky. They don’t want us to risk our profit to invest on to cryptocurrencies but I don’t think they’re planning to ban it in our country

Here are the few sentences from our government:







Can anyone explain what are they actually trying to declare!!  :-\

Just recently, Bitcoin was used to scam people in our country. It was all over the news. About 900M Pesos was scammed from hundreds of investors. Right now, the government has been researching more into cryptocurrencies. There are also pending applications of exchange companies that wants to operate here.

Basically, no ban has been put to place and more people are wanting to learn about cryptocurrency and blockchain. The government here is just neutral and giving out precautions.

Last year the government of the philippines is release a new about bitcoin as payment and this of the agency of the Bank of the central of the philippines and that's good to us because if the government accept and approve bitcoin the have big effect . But this yeat they have news that couple in the philippines use bitcoin to scammed people but don't worry their are in a jail but for sure other filipino are afraid to invest to bitcoin because of that happen.

Hello,same here in my country there is no policy  yet and bitcoin is not illegal  nor legal and I don't  hear any news about bitcoin, But lately  there are news about scams  online involving  bitcoin,but its not yet confirmed.Hoping this issues  well resolve  so no complications to follow for bitcoin in my country.

In our country, do not tolerate the fact that we are grateful at the same time.As a matter of fact we transact millions of dollars per month it is how the effect of cryptocurrancy in our country based on exchange data is not officially recognize Bitcoin.tet it is not strictly prohibited, but they tell people the high risk of investing in Bitcoin.

maybe this is the reaction that I feel in my country Indonesia with me know the government and finance ministers strictly ban bitcoin used as a means of payment and according to them it is not valid.
but they are aware of the growing development of bitcoin and its increasing popularity. The government can not stop or block it, I really hope my local government can see the Japanese state that already recognizes bitcoin as a means of payment.

No reaction to the bitcoin and other cryptocurrencies but supporting block chain technology.
I think in one day currencies will be banned after big noise

in indonesia its illegal to buy something with bitcoin but we still able to buy it from local site trader. Bitcoin is considered as a bubble by goverment and they think it cant be currency at all.

Bitcoin in my country is not illegal. Many people joined bitcoin here and it is okay in our government because they can see an improvement and many individual earns and also it gives a work to those unemployed. Bitcoin can be legal because we can see an advantages and it gives a ladder to our economics.

Hahaha, I think my country are full with close minded people who only think about useless things that cannot make their happy or succeed. A lot of people in my country think that Bitcoin is a fraud or scam because they cannot see it in physical form. Yes I know, that is ridiculous, because they still do not know the basic information about Bitcoin and the basic knowledge of crypto. In fact, there are some people in my country who think that Bitcoin is a sin and if we play or invest into some ICOs or cryptos, we will go to hell, hahahaha. Those close minded people will be dangerous to a country because they have a great impact to our society. I hope that my country will not block Bitcoin and start to take advantages of it.

Here in India, the situation is getting worse with every passing day. Although the government hasn't explicitly banned Bitcoin, they are doing whatever they can to harass the Bitcoin users. And the media is also getting increasingly negative.

My goverment treats it just like stocks and they don't have negative sentiments against it which makes me feel very blessed. Though, they still warn people that it's very risky.

Some of our shop uses bitcoins to pay bills, goods and services but I donot know if government was aware about what was happening on the currency. Maybe they know about it because its all about money, the energy of every government official LOL. :P :D

The government's reaction in my country is normal or positive. although they do not tolerate bitcoin in our country and keep reminding everyone about some of the risks of bitcoin involved with it still they do not close the door about this kind of opportunity that we are grateful for.

in my country too, now the government has not allowed bitcoin as a legitimate means of exchange, but now so much effort from various parties for bitcoin the future can be legal in my country.

In my country, for the moment, the btc is ignored. The government lets it and prepares itself to promulgate a law. Perhaps the authorities are waiting for some other country to issue legislation to be inspired by it.

Asia’selfks representative countries have taken stances on bitcoin and cryptocurrencies that span the entire spectrum. Japan is arguably the most cryptocurrency-positive country, and has managed to become so by recognizing coins like bitcoin as a “legal means of payment”, but not as a traditional currency. Accordingly, banks are not able to offer their customers bitcoin but neither is it unlawful to hold bitcoins, leaving the sector to be driven by fintech innovators exclusively. The result has been stellar, with many companies integrating bitcoin payments into their services and derivative contracts like a “bitcoin bond” being formulated alongside other forms of adoption.

Other territories in Asia cannot boast such progress, viewing the onset of cryptocurrency with fear. In Asian countries like Bangladesh, Nepal, and Kyrgyzstan, using or trading virtual currencies is highly illegal and comes with harsh punishments. Even Asia’s largest power, China, has a rocky history with cryptocurrency. The lack of any regulation whatsoever helped China to become an early adopter in the blockchain space, especially in bitcoin trading and mining, but it went through a drastic reversal earlier in the year. Scared by how much capital was fleeing the country via bitcoin, China imposed sudden strict regulations on bitcoin trading and more, and enthusiasts in the country are still dealing with consequences.

most of the government in every country has the same reaction when it comes to cryptocurrency investment. They are not interfering our actions and investment with cryptocurrency but they are making some advise on it. As the government had foreseen the effect of cryptocurrency or the endpoint of cryptocurrency. Most probably all of it will put to end i guess but i could not make a highly guess speculations because all i know for now is that i love cryptocurrency and i am one of the bitcoin addict that time to time will usually view and visit the website for its market price to see what is happening with bitcoin market price movement. Yeah that is who i am but until now i am only investing small amount of money because i could not afford or i do not have that huge amount money to invest. You know that i am poor. Well anyway i glad that a little amount of investing crypto will do.

In iur country, it is still under the review of our government they are still understanding pros amd cons of bitcoin in our country so in is under the process of the government but for now using of bitcoin in our country is still legal and everyone in our country are still learning the uses of bitcoin.

In our country, people are aware about bitcoin and I don't hear anything negative about bitcoin from them and I know that our government are aware how bitcoin works and I am hoping that sooner or later I can see it on TV with positive views and information.

Mostly they are just clamoring trying to find a way to tax cryptocurrencies and the income we make from it, they haven't had much luck so far but I know the timeis coming.

What our government says about bitcoin is good because many people are helping this country.

Well In fact the (BSP) or also known as Bangko Sentral Ng Pilipinas which is the Central Bank of the Philippines where our money has made

approves the registration of the two companies to engage in the operation of bitcoin exchanges as part of efforts to regulate the fast growing

virtual currency industry.

In my country, the government pretends that cryptocurrency and bitcoin do not exist. ;D It's the simplest way for them)

In my country, initially the government called on people using bitcoint digital currencies to be cautious, but now the opposite is true that the government declares that digital currency is lawful for moeslim and safe.

In the country where I am currently living, they still have no law about bitcoin but it is all over the news and anyone who knows about bitcoin wouldn't like the news here in my country because it is all bad news to look bitcoin bad and to stop people from using it so that they will think negatively about it and refuse to invest in cryptocurrency. They always show in the news that a lot of people are getting scammed by bitcoin which is not right if they truly know what bitcoin is maybe they won't believe anything the media is trying to show us.

Bitcoin is not illegal in my country and the central bank has not banned it either, but the government has cautioned users of cryptocurrencies of the need not to invest in it. Traders and exchanges for the fear of government imposing a ban or restricting them, has resort to black market trading. It is hard to see anyone openly advertising about bitcoins or coming out public as trader, but underground we know dozens of even inferential people involve.

I hope every country is willing to accept Bitcoin and Altcoin because I think if every thing has two positive and negative sides and it should only govern the cryptocurrency and open it instead.
mutual benefit between crypto and government users is the best solution.

Indian Government banned cryptocurrency earlier this month (https://www.cnbc.com/2018/04/05/indias-central-bank-bans-financial-firms-from-dealing-with-cryptocurrency.html) and this is something not new. Indian government did what other governments of the world are doing, there are only a few countries where BTC and other cryptocurrencies are legalized.

Same thing here in my country, bitcoin is not announced as illegal nor legal but sadly as time goes by due to many fake news widespread and due to many scammers out there using the name of bitcoin to attract victims the reputation of bitcoin here in my country gradually became worst. But I do hope that our government wouldn't take any serious actions on banning bitcoin based on the negative results of this selfishly people.

Well, my government banned us to support in any type of cryptocurrency. Government scare that cryptocurrency is one type of new scam or fraud that might harmful for people, and worried that with anonymous feature that bitcoin have, it will hard for the authority to trace and might be wrongly use by bad guy. Thus my government banned cryptocurrency.

Here in my country, our governments does not give attention to the people who uses bitcoin but in case one of our citizen or people been hacked or scammed then that is the time government will work.

actually the situation in our country is the same as in your country. here is also still gray, here the government has not made legal this virtual currency, they just make an appeal not to use this virtual currency because the risk is too high.

there are several different actions on bitcoin in different countries.
There are some countries that prohibit and are not allowed to be made explicitly.
There are also some countries that do not allow it as a means of payment, but are allowed to be an inventory or in exchange. It is applied in my country Indonesia.

every government is afraid of losing control of the situation because of this they react as much as possible without panic, but the measures that they are doing this do not show that without panic)

From the last few years our government reaction for bitcoin is positive since there were no reported bitcoin abuses in our country..actually our government approve the use of bitcoin in our country,they only recommend us to regulate the use of it,,but sadly..just last week  our national television reported about a couple who use bitcoin in scamming..those scammers get almost millions from different victims,,so now I am afraid if the government here will ban bitcoin..because of those incident..but the thing here is maybe we bitcoiners must be reaponsible enough for our bitcoin..we should avoid and detect scammers before they can hit us..

right now my country still neutral about bitcoin, i dont know the government will banned bitcoin or make bitcoin legal about next moneth or next year, but as i know there are many news about my government about bitcoin, some people said that bitcoin will banned in my country and some people said that bitcoin wouldn't banned in my country, i dont know that news but i think as long we can use bitcoin, use bitcoin wisely

Hello! I'm from Vietnam. My government reacted quite fiercely to them whether Bitcoin or other virtual currency was not a legitimate means of payment. There were trade bans on banks. But those who invest in Bitcoin are still very optimistic and believe in Bitcoin.

Hi there. In the Philippines, the government accepts bitcoin and they are just letting it and not banning bitcoin.

The governments in my country are fine with bitcoin and they are just being careful in getting involved with bitcoin because when there is bitcoin then they are also afraid that they might get into trouble since bitcoin is popularly known as a tool for the people in the black market to transact and send money without getting traced.

Encryption currency in China was not accepted by the state, the trading platform has moved overseas, but we can also easily traded currency, because there is no explicit laws and regulations prohibited transactions BTC.

It seems to me that legalizing or banning bitcoin is of no interest for our government. Have never heard from them stating any about bitcoin. It's in Myanmar.

Well in my country they support the bitcoin. The government and banks give support in the digital currencies because they see the benefits of this. But still they gave warning because we know that there are many scammers now. And in my country there's an application in mobile that you can convert the bitcoin and ethereum into my country monry