Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: cryptobd86 on February 05, 2018, 07:32:48 AM

Title: Bitcoin legal and illegal countries
Post by: cryptobd86 on February 05, 2018, 07:32:48 AM

Title: Re: Legality of bitcoin by country
Post by: khoicoi on February 05, 2018, 07:38:40 AM

I want to know you get the source information from the beginning? I think your information is inaccurate !

Title: Re: Bitcoin legal and illegal countries
Post by: Cholidm on February 05, 2018, 07:45:11 AM

for some countries that are still lagging behind in the field of education, economics and technology they have not been able to provide facilities and infrastructure especially in the case of the internet, and not ready for global economic developments so as to maintain the economic stability of the country that is still conventional based they do not legalize bitcoin in the country

Title: Re: Legality of bitcoin by country
Post by: cryptobd86 on February 05, 2018, 07:48:53 AM

Quote from: khoicoi on February 05, 2018, 07:38:40 AM

I want to know you get the source information from the beginning? I think your information is inaccurate !

Source :
visit plz:
https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory u can learn more info about Bitcoin.

Title: Re: Bitcoin legal and illegal countries
Post by: cryptobd86 on February 05, 2018, 07:51:52 AM

Quote from: Cholidm on February 05, 2018, 07:45:11 AM

There is no discussion on details. Only the list of legitimate and illegal countries is given.

Title: Re: Bitcoin legal and illegal countries
Post by: CryptoBry on February 05, 2018, 08:00:43 AM

I would assume that the data presented here can be true and really verified. We can see that there can be more countries which are inclined towards accepting Bitcoin albeit many in a regulated environment (which I don't have any problem with because we have to compromise with the government as they also have their own valid concerns to begin with).

I am then sure that what is happening right now with Bitcoin is just a temporary episode and that eventually the whole market can see the whole picture. One country banning or having a big problem with Bitcoin should not be used as a gauge for the whole world. We have been listening too much on news (unfortunately including FUDs) from countries too noisy with the things going on in there and have forgotten that there are more countries silently letting Bitcoin do its business.

Title: Re: Bitcoin legal and illegal countries
Post by: captin crunch on February 05, 2018, 08:08:40 AM

Yes we should have information where bitcoin is legal and where it is not, it will help us in trading. Besides, after looking at the list a lot of people on this forum will realize, that bitcoin is not banned everywhere, and it is still legal and accepted in numerous countries, so it will not lose its power.

Title: Re: Bitcoin legal and illegal countries
Post by: cryptobd86 on February 05, 2018, 08:19:23 AM

Quote from: captin crunch on February 05, 2018, 08:08:40 AM

This is just a checklist of Bitcoin validity which is a huge deal that contributes to Bitcoin transactions. If the country is not allowed to accept the information, they will know that there is a bitcoin transaction in there. Some of the laws work in the government, so the countries that do not get the legitimacy are a little afraid.

Title: Re: Bitcoin legal and illegal countries
Post by: TheGodFather on February 05, 2018, 08:22:13 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

Some people might think that this has nothing to do with us but actually having countries supporting and backing bitcoin and other crytpocurrencies because it can help ensure that bitcoin will hold and its market wuld
Not collapse as it means a country is able to integrate it to their economy and that means that yts market would be open to the citizens it employ and it would have security

Title: Re: Bitcoin legal and illegal countries
Post by: Lago_V on February 05, 2018, 08:31:37 AM

This is not entirely correct. In Ukraine, bitcoin as a currency has not been officially recognized, and mining bitcoin is illegal. People get arrested for mining bitcoin and their equipment and all the machinery are taken away. The Central Bank does not recommend people to invest in bitcoin, as well as any other cryptocurrency, as it is not reliable, according to them.

Title: Re: Bitcoin legal and illegal countries
Post by: deviltasha on February 05, 2018, 08:37:16 AM

Some countries are missing in the list of countries where it is legal, for example Belarus, Georgia and etc. but anyway we see that the number of states where bitcoin is legal and accepted is much more than the number of the countries where it is banned, so it is hopeful picture.

Title: Re: Bitcoin legal and illegal countries
Post by: cryptobd86 on February 05, 2018, 08:38:12 AM

Quote from: Lago_V on February 05, 2018, 08:31:37 AM

Here, all the countries that have been spoken are collected from the net. And, you have to cancel the china word once and again once it is valid.
Visit:
https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Title: Re: Bitcoin legal and illegal countries
Post by: metenjean on February 05, 2018, 08:40:18 AM

Quote from: Lago_V on February 05, 2018, 08:31:37 AM

I think the post from the author has clearly stated that there are countries to get legitimacy towards bitcoin and Ukraine is one of them, and of course getting legitimacy doesnt mean bitcoin will be perfectly legal because that means bitcoin will be under law of a country to work with and because of that law and legitimacy still underwork that makes bitcoin hasn't been officially recognized. The government are working to accept bitcoin but hasn't stated that it is a legal kind of payment and transaction so it still blurry

Title: Re: Bitcoin legal and illegal countries
Post by: bL4nkcode on February 05, 2018, 08:45:51 AM

You should add this two communist countries, that didn't accept and banned bitcoin which was reported last year. China and Vietnam.

Title: Re: Bitcoin legal and illegal countries
Post by: cryptobd86 on February 05, 2018, 09:01:39 AM

Quote from: bL4nkcode on February 05, 2018, 08:45:51 AM

You should add this two communist countries, that didn't accept and banned bitcoin which was reported last year. China and Vietnam.

In fact, with the help of Bitcoin, there is a clash with validity around the world. china, india, vietnam, korea banned being heard However, the exchanger of those countries is still good. I have internet support for information.

Title: Re: Bitcoin legal and illegal countries
Post by: Bittzy78 on February 05, 2018, 09:07:46 AM

The United States has one of the best approaches as how to treat Bitcoin from a tax perspective. The government simply views the coins as property and you pay a capital gains tax (unless you live in Puerto Rico) when you sell them. You can still get jail time if you sell them in bulk as an unregulated money exchanger but most people wouldn't fall into that category.

More countries should take this simplistic view on how to tax/regulate Bitcoin and stop thinking of it as a currency.

;D

Title: Re: Bitcoin legal and illegal countries
Post by: Polipog on February 05, 2018, 09:38:24 AM

Talking about bitcoin legality, it is directly controlled with the power of government, and the total management power will divided into two, between government and the bitcoin owner, for me it is really bad thing to happen, today we are complaining about the price goes down, how about when bitcoin directly controlled by government that's the time that bitcoin price will become useless, what I'm talking about is price going down to the bottom because of government control system. This is only my opinion and I'm not sure if I'm right.

Title: Re: Bitcoin legal and illegal countries
Post by: mhj on February 05, 2018, 10:12:22 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

hello man,i live in Bangladesh.and in my country bitcoin not legal.government think bitcoin just a scam. and they don,t believe bitcoin .but some people use and trust bitcoin.and they use bitcoin regularly.but i think in my country and government in future believe bitcoin and work start with bitcoin.

Title: Re: Bitcoin legal and illegal countries
Post by: cryptobd86 on February 06, 2018, 01:20:53 PM

Quote from: mhj on February 05, 2018, 10:12:22 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

Not only Bangladesh. It is the problem of all those countries which did not get the legality of Bitcoin. The government's thinks Bitcoin may be a commercially threatened. Advanced countries are thinking how to decentralize bitcoin. However, Bitcoin will further advance in the future. Now there will be nothing illegal. Now, in the approval countries, the study of Bitcoin is underway.

Title: Re: Bitcoin legal and illegal countries
Post by: Ethan Becker on February 07, 2018, 12:53:25 PM

Bitcoin in Morocco
Bitcoin and other cryptocurrency transactions were officially outlawed in Morocco in November 2017 seemingly in response to a major Moroccan digital services company, MTDS, announcing a few days prior that it would begin accepting Bitcoin payments.

Sending and receiving payments via any cryptocurrency in Morocco is punishable by fines.

Bitcoin in Bolivia
Cryptocurrencies have never been legal in Bolivia and the government has been known to enforce its anti-Bitcoin stance rather firmly. People caught using Bitcoin and other cryptocoins can be fined and a number of users have even been arrested on more than one occasion for trading and mining Bitcoin.

Bitcoin in Ecuador
Ecuador outlawed Bitcoin and other cryptocoins in mid-2014 as part of its financial reform plans.

The ban on Bitcoin was seen by many as a way to reduce competition with the country's own digital currency system (Sistema de Dinero Electrónico). This official Ecuadorian currency isn't a cryptocurrency and isn't based on blockchain technology. It's simply a digital money solution based on traditional money and valued after the American dollar.

Anti-Bitcoin laws don't appear to be too strict in Ecuador as there are still several ways to buy and sell Bitcoin and other cryptocoins domestically. Enforcement isn't as strict as other countries like Bolivia and Bitcoin is seen as something that might be technically illegal but is still used by a small number of the population.

Bitcoin in China
The trading of Bitcoin and other cryptocurrencies was banned in China in September 2017. Due to the technology being so popular in the country before the ban though, the change in law hasn't ceased its use completely and many Chinese people continue to trade cryptocoins via in-person trades and chat apps like Telegram and WeChat.

The Chinese government appears to target professional cryptocurrency trading companies over individuals.

Bitcoin in Nepal
Nepal's stance on many aspects of Bitcoin and cryptocurrency is a little ambiguous however it has been confirmed that the trading of Bitcoin is considered illegal following several arrests of Bitcoin traders in 2017 that resulted in a combination of fines and jail terms for those involved. Attempting to use Bitcoin and other cryptocoins in Nepal is not recommended.

Title: Re: Bitcoin legal and illegal countries
Post by: Baimovic on February 07, 2018, 01:29:09 PM

wow. I do not think that there are many countries that legalize bitcoin. this is a very good development.

and will contribute both to the value and selling of bitcoin and also for the crypto world.

but I do not see the country of Indonesia, do you know when Indonesia will legalize bitcoin and crypto? because in secret, the government of Indonesia saving stock in Ripple.

Title: Re: Bitcoin legal and illegal countries
Post by: cryptobd86 on February 08, 2018, 06:31:53 AM

Quote from: Baimovic on February 07, 2018, 01:29:09 PM

That's why new people are here and given for those who do not know. However, some countries have recently been banned. These are not added, but I try to share my interest with bitcoin so if you find something useful, then everyone benefits.

Title: Re: Bitcoin legal and illegal countries
Post by: ub27 on February 09, 2018, 07:42:08 PM

Bitcoin has countries with legal incentive regulations, as well as countries that have decided to ban. In some countries, mining activities are highly developed. Some countries that are small and not modern look cold.

Title: Re: Bitcoin legal and illegal countries
Post by: bitbunnny on February 09, 2018, 08:10:12 PM

Maybe will some get me wrong and I realy don't like to offend anyone but if you look the list of countries that don't support Bitcoin or even ban it they are completely irrelevant. Maybe there is some strong Bitcoin community but in global ratio those countries can't influence cryptocurrency significantly and their attitude to Bitcoin doesn't create cryptocurrency policies.
I still keep my attitude that modern and civilized countries will not ban Bitcoin and that is the most important.

Title: Re: Bitcoin legal and illegal countries
Post by: cryptobd86 on February 09, 2018, 09:41:28 PM

Quote from: bitbunnny on February 09, 2018, 08:10:12 PM

I have taken the help of internet for complete information.
https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Title: Re: Bitcoin legal and illegal countries
Post by: swogerino on February 09, 2018, 09:51:27 PM

Quote from: bitbunnny on February 09, 2018, 08:10:12 PM

I agree with you. Most of the countries who do not accept bitcoin yet are countries with bad economies. Well developed countries are more user friendly towards bitcoin. Bangladesh and Bolivia really ? Aren't these two countries two of the most poor countries in the list on this thread ? They cannot do any harm to bitcoin, they are only harming themselves. Bolivia is the extreme case which doesn't let people mine , probably this government want to keep the citizens as poor as they can. Just go watch some documentaries about Bolivia to see how in bad shape this country is.

Title: Re: Bitcoin legal and illegal countries
Post by: cryptobd86 on February 09, 2018, 09:55:01 PM

Quote from: Ethan Becker on February 07, 2018, 12:53:25 PM

Recently, some countries are banned by Bitcoin. Which did not come to my list.

Title: Re: Bitcoin legal and illegal countries
Post by: Washball on February 09, 2018, 10:34:20 PM

It's no use arguing about what countries have legalized cryptocurrencies and what countries have not. The point is, that we can see lots of countries already accept cryptocurrencies, just a few do not accept. But in the long run almost every country will accept this new technology. However, there's a huge difference between accepting and legalizing. Governments will legalize and regulate, governments accepting crypto could do this without regulations and that's what crypto is about. But of course, governments want regulations in order to keep control and that's what crypto is against. Cryptocurrencies should be decentralized, but governments will not accept that.

Title: Re: Bitcoin legal and illegal countries
Post by: Jjunpat on February 09, 2018, 11:24:03 PM

Bitcoin in my country is already use by some affiliated exchange center or even some banks where we can buy or sell bitcoin and exchange BTC to our monetary. I tried it also but I could not say its legal because in our newsbreak late last year our government has been on process to legalize bitcoin as a security comes after much consideration and monitoring along with consultation with its central bank. So as of now bitcoin was not control by our government and central bank.

Title: Re: Bitcoin legal and illegal countries
Post by: hibiscus on February 10, 2018, 12:41:37 AM

Most of the industrially developed countries are accepted bitcoin and made it legal by studying the merits and demerits out of it.
USA, UK,Canada, Germany, France, Australia, Belgium, brazil, Denmark , Hong kong,Israel, Italy Japan,New Zealand, Norway, Poland, Singapore,Spain,
South Korea,Switzerland,Sweden, turkey, Slovenia,Ukraine, cyprus, czech Republic,etc.
Mean time the socialistic blocks are still to accept fully such as Russia , China ,Vietnam,Bolivia,Kyrgyzstan Ecuador Cambodia Bengladesh, Nepal ,Ice land etc are not permitted bitcoin to operate their country.

Title: Re: Bitcoin legal and illegal countries
Post by: Super_talk on February 16, 2018, 09:53:20 AM

many Chinese companies that produce goods using the scheme [money laundering through trade], now prefer calculations for bitcoin. Bitcoin is widely distributed in China, because it can be used to anonymously transfer values abroad, bypassing China's control over capital.

Title: Re: Bitcoin legal and illegal countries
Post by: alekseidanilov0803 on March 02, 2018, 12:38:04 PM

Bitcoin fell in early 2018, but that does not mean that it will disappear completely, it's just a chance to purchase.

Title: Re: Bitcoin legal and illegal countries
Post by: deklitt on March 02, 2018, 01:09:01 PM

every state government has different considerations about the legality of bitcoin but i don't think this is an obstacle to bitcoin progress in the future, even though there is currently a slight fall in the price of bitcoin but i remain optimistic that bitcoin will continue to grow as the popularity increases

Title: Re: Bitcoin legal and illegal countries
Post by: shaheer001 on March 02, 2018, 01:33:15 PM

Good info thanks alot for sharing very good info for all bitcoin forum friends specially for newbie. I am sure one day all countries will legalize the Bitcoin for their boosting their economy.

Title: Re: Bitcoin legal and illegal countries
Post by: Carmen03 on March 03, 2018, 02:13:17 AM

Bitcoin is legal or illegal it varies on the different countries laws and popularity among active user. the countries accepting bitcoin as legal and illegal currency.The legal status of Bitcoin varies significantly from country to country .Following is a list of countries where Bitcoin is legal : Australia Belgium, Brazil, Canada, Colombia, Croatia Czech Republic, Cyprus, Denmark, France, Germany, Hongkong, Israel, Italy, Japan, Ukraine, New Zealand, Norway, Poland, Singapore, Slovenia, South Korea, Spain , Switzerland, Sweden, Turkey, United Kingdom United States,In several parts of the entire world bitcoin is fairly welcomed,few countries which banned bitcoin due to volatility, decentralized character, countries like Iceland, Vietnam, Bolivia, Kyrgztan ,Ecuador, Russia and China.

Title: Re: Bitcoin legal and illegal countries
Post by: bogacola on August 16, 2018, 10:50:55 AM

Bitcoin is legal unless you use it in illegal ways like scam people or something to that extent.
As far as I know, governments have no power over Bitcoin. It has also been said that Bitcoin wallets are very secure/private, so it would be really difficult for anyone to monitor them in case something illegal is going on.

Title: Re: Bitcoin legal and illegal countries
Post by: Shiversnow on September 02, 2018, 11:12:19 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

The legality of bitcoin depends on the government of their own country. If they think that it will not help their economy, and it will just help their people to be in illegal transactions then they will ban it. But some countries like those in your statement have a positive mind about bitcoin.

Title: Re: Bitcoin legal and illegal countries
Post by: ajiejot on September 02, 2018, 11:57:37 PM

There are many countries that don't want to legalize Bitcoin to their country. There are many countries nowadays that really don't want to use Bitcoin. But in totally, Bitcoin is really big help for every country, specially to the financial problem.

Title: Re: Bitcoin legal and illegal countries
Post by: ahamir on September 04, 2018, 03:40:35 PM

Bitcoin is popular dsy by day.now the question is which country legal bitcoin or not.many people like the web market this market will build the economy strong. so that country given the legal permitted to buy or sell bitcoin.

Title: Re: Bitcoin legal and illegal countries
Post by: stiffbud on September 04, 2018, 06:45:56 PM

Quote from: captin crunch on February 05, 2018, 08:08:40 AM

The legal and illegal thing of bitcoin varies country to country. Different government have different opinions about bitcoin. Some of government use it for their country profit and some of them sacred of it. China, Bangladesh, Ecuador, Israel etc country ban bitcoin in their country because it affects their country national banks profit and also affects their country economy and financial growth. Where as in country like japan Germany and many country of Middle Africa are join with bitcoin and make their country economy better.

Title: Re: Bitcoin legal and illegal countries
Post by: BitcoinBrigade on September 04, 2018, 07:21:09 PM

Bitcoin is pretty scary for governments because it takes control away from them, but it will hurt the countries a lot that choose to reject it.

Title: Re: Bitcoin legal and illegal countries
Post by: alexsandre on September 04, 2018, 07:27:01 PM

I think that bitcoin in the near future will be legal in all countries, just some of the residents do not understand the quality of the bits...

Title: Re: Bitcoin legal and illegal countries
Post by: Epimetheus on September 04, 2018, 07:43:14 PM

Different government have different thinking about bitcoin. Although bitcoin is a decentralised currency but it still need the permission of government in order to run in any country. In countries like japan it work with their government to improve their country economy. In countries like Germany and Africa India also accept bitcoin and its profitable advantages. Where as countries like Bangladesh, China, Ecuador Israel etc ban it because of it decentralised nature association with criminal activities etc.

Title: Re: Bitcoin legal and illegal countries
Post by: cizatext on September 04, 2018, 07:54:03 PM

To those countries who have already legalized bitcoin and cryptocurrency their are the technological advance countries who know what and how to metain their economic and social well-being and at that have adopted bitcoin as a secondary currency. But the ones that are yet to join this new global invention are the technologically backward countries.

Title: Re: Bitcoin legal and illegal countries
Post by: TravelMug on September 04, 2018, 08:08:58 PM

Quote from: cizatext on September 04, 2018, 07:54:03 PM

Wrong, not all countries who choose to adapt or embraced bitcoin is technological advance. I even see 3rd world countries on that list. And you can say that to those countries who are hostile against bitcoin as well, not all of them are technologically backward.

It only means that there will be opposing sides whether to accept or reject bitcoin regardless how far advance that nation is. If they see bitcoin as a threat then they will simply will not accept it, specially a perceived threat to their monetary system or some disadvantage they see like bitcoin could be taken advantage of criminals for illegal activities.

Title: Re: Bitcoin legal and illegal countries
Post by: frankiemalton on September 04, 2018, 08:11:30 PM

What’s more, Bitcoin is not a static technology like conventional fiat money. It constantly evolves along with its ecosystem. Innovating solutions to remove barriers to entry are nothing new for Bitcoin.

Title: Re: Bitcoin legal and illegal countries
Post by: HenryHope on September 29, 2018, 09:26:56 AM

There is a huge difference between accepting and legalizing. But of course, the government wants to have rules to control and that's what the crypto is fighting against. Bitcoin in my country has been used by some affiliate exchange centers or even some banks where we can buy or sell bitcoin and exchange BTC with our money. So, the current bitcoin is not controlled by our government and central bank. United States, United Kingdom, Canada, Germany, France, Australia, Belgium, Brazil, Denmark, Hong Kong, Israel, Italy Japan, New Zealand, Norway, Poland, Singapore, Spain, Korea, Sweden Si, Sweden, Turkey, Slovenia, Ukraine, cyprus, Czech Republic, etc. Bitcoin is widely distributed in China, because it can be used to hide the value of offshore, ignoring Chinese control over capital.

Title: Re: Bitcoin legal and illegal countries
Post by: MickyDonald on September 29, 2018, 10:06:24 AM

The fact that Bitcoin is legal in the world will make the crypto market a new payment method that is widely used and brings a good start to the nascent market.

Title: Re: Bitcoin legal and illegal countries
Post by: oceantiger on September 29, 2018, 01:05:10 PM

Thanks for this information it will go along way to boost our confidence on bitcoin. We have more countries saying yes to bitcoin than those saying no. This is a welcome news and it will also avail us the opportunity to identify those countries that are crypto friendly in case some one is planing to travel toward those countries. We lost India yesterday to those hostile to crypto so update your list to include India.

Title: Re: Bitcoin legal and illegal countries
Post by: genuin on September 29, 2018, 01:09:00 PM

The countries that legalize bitcoin are those who on average have become developed countries. They need a breakthrough to accelerate economic growth, one of them through bitcoin. Developing countries are afraid to legalize bitcoin because they know that doing so will make their currencies fall because many of their citizens will use bitcoin

Title: Re: Bitcoin legal and illegal countries
Post by: beezare on September 29, 2018, 01:13:14 PM

bitcoin is increasingly popular and many people are interested in bitcoin, but bitcoin is legal or not in the country depending on how the government accepts bitcoin, there are some that do not prohibit people from joining bitcoin but prohibit the use of bitcoin as a currency in that country

Title: Re: Bitcoin legal and illegal countries
Post by: atariguy on September 30, 2018, 01:48:04 PM

More and more countries are beginning to recognize cryptocurrencies and it's great, we do not have to wait long:)

Title: Re: Bitcoin legal and illegal countries
Post by: imoet on September 30, 2018, 02:14:30 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

We can see that some of countries already give legitimacy to bitcoin. It proves that bitcoin which is ilegal in some countries already accepted in another country. It will change throught time. It will be more countries can accept bitcoin. The another government will realize that bitcoin ia usefull and profitable.

Title: Re: Bitcoin legal and illegal countries
Post by: hubballi on September 30, 2018, 02:20:07 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

India have banned usage of Crypto currency and all banks have ceased the accounts which were dealing in cryptocurrency. So i think you should put India in Cancellation Country. Their is a legal battel is going between government vs crypto currency exchanges. Till the result comes it is ban to usage and if any public is using that is at their own risk.

Title: Re: Legality of bitcoin by country
Post by: carlisle1 on September 30, 2018, 02:23:38 PM

Quote from: cryptobd86 on February 05, 2018, 07:48:53 AM

Quote from: khoicoi on February 05, 2018, 07:38:40 AM

I want to know you get the source information from the beginning? I think your information is inaccurate !

Source :
visit plz:
https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory u can learn more info about Bitcoin.

Happy to see that our country is one of those who has in legitimacy position though as of now our government gives no stand on what is their position over cryptocurrency,what they did is give people or the community warning but thats all the majority is neutral so we are free to do what we wanna inside cryptocurrency

Title: Re: Bitcoin legal and illegal countries
Post by: ShiroThe5th on September 30, 2018, 02:24:27 PM

We already saw that bitcoin is getting popular. And also getting legalize all over the country. This is an evidence that bitcoin is more available rather than banned. Bitcoin is actually a good step to its development.

Title: Re: Bitcoin legal and illegal countries
Post by: pacman7331 on September 30, 2018, 02:31:16 PM

Bitcoin Illegal countries number has increased now. Maybe India will take place in the bitcoin banned Countries list! As I know, Bitcoin has banned from 21 Countries, and every country has the huge population. This is one reason for the crypto market down. If India bans bitcoin, then the crypto market will face a very critical moment.

Title: Re: Bitcoin legal and illegal countries
Post by: omorfi on September 30, 2018, 02:38:54 PM

This list may change over time. There may be new countries to ban bitcoin later. Countries that are currently banned bitcoin may be released later.

Title: Re: Bitcoin legal and illegal countries
Post by: sumon.zi on September 30, 2018, 03:05:59 PM

Different government have different opinions about bitcoin. Some of government use it for their country profit and some of them sacred of it. Bangladesh, Ecuador, Israel etc country ban bitcoin in their country because it affects their country national banks profit and also affects their country economy and financial growth.Where as countries like Bangladesh, China, Ecuador Israel etc ban it because of it decentralised nature association with criminal activities etc

Title: Re: Bitcoin legal and illegal countries
Post by: Manuel05 on September 30, 2018, 03:43:56 PM

This is interesting, last i checked only few countries accepted or have interest in what bitcoin is. This growth means great to bitcoin as bitcoin is getting more popular and the government is finally realizing the fact that bitcoin will be useful.

Title: Re: Bitcoin legal and illegal countries
Post by: stayeduptolate on October 03, 2018, 06:24:40 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

We all know that bitcoin is a decentralised crypto currency and so there is no such proper authentic regulating body over the bitcoin who could eye over all the bitcoin activities so thus leading to its illegal use but after getting the fate and potential of bitcoin, there are very few countries who has legalised the bitcoin in their nation and after that they experienced a boost in the development of their nation and even increase in GDP like japan, South Korea, Florida but there are even assumptions that it will get legalised all over the world in the coming future.

Title: Re: Bitcoin legal and illegal countries
Post by: cizatext on October 03, 2018, 06:36:19 PM

Any country that have good economic plan for it country will adopte bitcoin and cryptocurrency into it system in other to help easy the financial transactions of it citizens and in that process help ruegulat the bitcoin transactions and usage in other to place tax on it . but why some countries kick against bitcoin is due to it high decentralized natour.

Title: Re: Bitcoin legal and illegal countries
Post by: HanaBin on October 06, 2018, 11:16:55 AM

BTC is constantly evolving with its ecosystem. There is a huge difference between accepting and legalizing. Bitcoin in my country has been used by some affiliate exchange centers or even some banks where we can buy or sell bitcoin and exchange our BTC with our money. Bitcoin is widely distributed in China, because it can be used to conceal the value of foreign, ignoring Chinese control over capital. The fact is that bitcoin can be used anonymously to carry out transactions between any account holder, anywhere and anytime around the globe, making it attractive to the criminal elements. The fact that Bitcoin is legal in the world will make the crypto market a new payment method widely used and bring a good start to the newborn market. We have more countries saying yes to bitcoin than people say no. Yesterday, we lost India with the enemy with the code to update your list to include India.

Title: Re: Bitcoin legal and illegal countries
Post by: jwplayer0 on October 06, 2018, 11:24:31 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

As i know yesterday India banned Bitcoin (or relugated strongly) but Uzbekistan open to Bitcoin and BTC get legitimacy

Title: Re: Bitcoin legal and illegal countries
Post by: jak3 on October 06, 2018, 11:44:04 AM

Ok first of all your information or statistics are inaccurate, and that's true that Bitcoin is facing much more problems about their legitness around the world but that is not stopping people from using it. I personally do not care what government job I can clearly see what Bitcoin is capable of and what is its potentials. Bitcoin can really change the world and it has already changed mine. I observed there are a lot of rules which are simply Hold and are not valid in today's generation they need improvement and our lives should be handled by a much more responsible person who actually wants to do the job.

Title: Re: Bitcoin legal and illegal countries
Post by: stayeduptolate on October 10, 2018, 04:28:22 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

We all know that bitcoin is a decentralised crypto currency and from having millions of haters to millions of investors bitcoin has gone through many ups and downs and has made a tremendous progress and with time people understood the potential of bitcoin and now at present there are millions of people around the world who are investing into bitcoin but almost every country are in against of bitcoin and very few has legalised it like South Korea 🇰🇷, japan 🇯🇵, Florida , Denmark 🇩🇰 and few more.

Title: Re: Bitcoin legal and illegal countries
Post by: Sihab76 on October 10, 2018, 04:40:37 PM

Bitcoin friendly countries, Japan, Netherlands, Ireland, USA, Switzerland, Finland, France, Germany, Spain, Zimbabwe, Kenya,,New Zealand, Belgium, Italy, Canada, Australia, and bitcoin non friendly countries, Bolivia, Bangladesh, Sri Lanka, Nepal, Austria etc.

Title: Re: Bitcoin legal and illegal countries
Post by: Anish02 on October 10, 2018, 06:23:33 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

As per your information, I just need to correct you as you mention India, as bitcoin country to get legitimacy. But still, the Indian government has not given a green single to cryptocurrency. They are working on it to make it legal or not.

Title: Re: Bitcoin legal and illegal countries
Post by: elastiman on December 02, 2018, 07:11:11 AM

Quote from: cryptobd86 on February 05, 2018, 08:38:12 AM

Quote from: Lago_V on February 05, 2018, 08:31:37 AM

wikipedia cannot be taken as a source of information since everyone can edit the information. If my Professor see this he will shot you in the foot

Title: Re: Bitcoin legal and illegal countries
Post by: nuraziaaziz on December 04, 2018, 02:13:00 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

I think your information is inaccurate. You may want to check and do more research on the correct legal and illegal countries.

Title: Re: Bitcoin legal and illegal countries
Post by: ningrumxxi on December 04, 2018, 02:54:00 AM

Quote from: Bittzy78 on February 05, 2018, 09:07:46 AM

What is that? I think that considering bitcoin as an asset and starting to apply taxes to the owner is indeed a very good choice for a country, but in reality the owners don't want it, because basically bitcoin is money, so it must be used as a payment tool rather than storing media, if only categorized as assets, the function of bitcoin as a currency will disappear, and the era of the currency revolution will stop, and the world will remain controlled by the dollar as an international currency, and this is a monopoly currency system.

Title: Re: Bitcoin legal and illegal countries
Post by: coin8coin8 on December 04, 2018, 04:25:27 AM

There is a basic principle in law: what isn't prohibited by law is legal. In other words, what is legal is not required by law, the law only needs to be clear which is prohibited, and vice versa is legal.
Therefore, according to this logic, bitcoin is in fact legal in most countries of the world, because there are not many countries that explicitly prohibit Bitcoin in the law.

Title: Re: Bitcoin legal and illegal countries
Post by: efxtrader on December 04, 2018, 07:08:23 AM

In my view, Indonesia still banned if bitcoin used for payment in merchant. I think its like in grey area because Indonesia have local exchanger and having big transaction value.

Title: Re: Bitcoin legal and illegal countries
Post by: Belec on December 04, 2018, 08:00:08 PM

You did not write everything where the bitcoin is legal, but it does not matter.
Some countries want to be prominent in these decisions, but I think they are going because bitcoin is not a scam but the fear in those countries where btc is illegal is understandable.

Title: Re: Bitcoin legal and illegal countries
Post by: basyang on December 04, 2018, 08:44:43 PM

Quote from: captin crunch on February 05, 2018, 08:08:40 AM

Yes, you are right about that. Its true that Bitcoin is jot banned everywhere there are only a few country that banned it and there are few whom accept it. I think when you say Cryptocurrency some people will say it is not legal and there country but it is also not banned its neutral. Some Government banning Bitcoin because of they want to avoid to used it as a tool to some illegal activities inside their country and lets respect it

Title: Re: Bitcoin legal and illegal countries
Post by: Captain Sneeze on December 08, 2018, 03:06:09 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

There are some countries that cant accept and adopt bitcoin , and its really hard to determine why. But maybe its because of their government. Maybe they cant accept that bitcoin can change the lives of their people than them. It means bitcoin is much useful than them. Rather than that , bitcoin can also give opportunities to people that government cant do. Well lets just hope someday they will realize the value of bitcoin and how it can help their life to be more successful.

Title: Re: Bitcoin legal and illegal countries
Post by: hardcore_cryp_trader on December 18, 2018, 06:02:13 AM

I think that the situation in countries where Bitcoin is illegal will change for the better after a while. It is like in the Middle Ages - when those who carried enlightenment and progress, who said that the earth was round, "went against the state." Over time, all the others also came to realize, and then it became legal. The same can be observed with bitcoin.

Title: Re: Bitcoin legal and illegal countries
Post by: Peashooter on December 26, 2018, 01:54:03 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

I see my country who accept and support cryptocurrencies especially bitcoin. To all countries who accept bitcoin I hope you will support it until the end and to all countries who still not support cryptocurrencies I hope you will change your decision and you will also become part of massive adoption of cryptocurrencies.

Title: Re: Bitcoin legal and illegal countries
Post by: Amevalentine on December 26, 2018, 02:03:18 PM

Quote from: Sihab76 on October 10, 2018, 04:40:37 PM

bitcoin was actually created to help human needs but the authorities have disagreed if there is this bitcoin and in my opinion this bitcoin gets profit if we keep and preserve it in the world

Title: Re: Bitcoin legal and illegal countries
Post by: Malam90 on December 26, 2018, 02:24:33 PM

Good information i knew from this comment. It is a matter of great regret that Bangladesh is one of the countries where Bitcoin is illegal and Bitcoin traders can be put into jail.

Title: Re: Bitcoin legal and illegal countries
Post by: emberbekas on December 26, 2018, 03:23:16 PM

Fortunately in my country, we can still trade bitcoin even though it is not permitted to be used as a payment method. I feel very sorry for those who live in countries where bitcoin is completely illegal. I wish my government won't change its policy related crypto that will hurt its crypto citizens.

Title: Re: Bitcoin legal and illegal countries
Post by: Ridwan Fauzi on December 26, 2018, 03:32:25 PM

Bitcoin has been successful as a digital currency recognized by many countries, I saw, which has been mentioned by the OP and only a few countries have banned bitcoin from being used. However, when many countries accept bitcoin at least as a place of trading or investment I hope that everyone who uses bitcoin is used wisely, sooner or later if there are some users who use bitcoin some illegal actions then the government will sooner or later limit the use of bitcoin more dangerous the government will ban it, I hope it won't happen.

Title: Re: Bitcoin legal and illegal countries
Post by: SnapDown22 on December 26, 2018, 04:42:53 PM

Quote from: Malam90 on December 26, 2018, 02:24:33 PM

Good information i knew from this comment. It is a matter of great regret that Bangladesh is one of the countries where Bitcoin is illegal and Bitcoin traders can be put into jail.

Indonesia is a country of law and one of them is bitcoin which is not good and will be punished and I am a bitcoin user and I think bitcoin in Indonesia is permitted by the government

Title: Re: Bitcoin legal and illegal countries
Post by: Kayum10029 on December 26, 2018, 05:37:18 PM

Very effective information. Many countries already legimate bitcoin as their trading systems and many countries refuse bitcoin like my country Bangladesh.

Title: Re: Bitcoin legal and illegal countries
Post by: Kayum10029 on December 26, 2018, 05:39:56 PM

Quote from: Malam90 on December 26, 2018, 02:24:33 PM

Good information i knew from this comment. It is a matter of great regret that Bangladesh is one of the countries where Bitcoin is illegal and Bitcoin traders can be put into jail.

Brother good information I am a citizen of Bangladesh. I am a Victim of such situation. Bangladesh is a country where a lots of politicians than its total population.maximum population are terrorist.

Title: Re: Bitcoin legal and illegal countries
Post by: Babyrica0226 on December 26, 2018, 06:19:58 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

Its good to know that most of the country are now opened minded into digital world as well. For sure in the end that those country were til now are not welcoming the digital currency in the end they will change their mind soon or later, just like what happened to Russia before they banned but in the end they've revoked it and now its already legalized to their country as far as I know, if I am not mistaken.

Title: Re: Bitcoin legal and illegal countries
Post by: margueritabarrutti on December 27, 2018, 09:27:34 AM

Bitcoin are gaining popularity at Africa and Europe that's why I think it will be approved there...however, it's really hard to get in in Asia. :(

Title: Re: Bitcoin legal and illegal countries
Post by: esetop01tryba on December 27, 2018, 02:09:11 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

I am not quite sure that all the countries that you have listed legalized bitcoin, but I think that loyalty is shown in relation to bitcoin. Also in this list, you can enter the Republic of Belarus. In Belarus, bitcoin is fully legalized and you do not need to pay taxes.

Title: Re: Bitcoin legal and illegal countries
Post by: DaWidyaa on December 28, 2018, 02:22:57 AM

In my opinion, maybe a country that still legalizes bitcoin is afraid to lose the use of banks because banks are still very much needed in the country, they are afraid that banks will not be needed anymore.

Title: Re: Bitcoin legal and illegal countries
Post by: BigBos on December 28, 2018, 03:36:17 AM

Quote from: DaWidyaa on December 28, 2018, 02:22:57 AM

well, you're right, besides that bitcoin really disturbs the activity of fiat money, because there are some countries that prohibit using bitcoin as a currency. well, but the longer the development of the era will definitely get better, I'm sure bitcoin will be accepted in all countries in the future

Title: Re: Bitcoin legal and illegal countries
Post by: ansarose1 on December 28, 2018, 03:46:09 AM

As we can see, there are many countries that allows people to participate bitcoin and the government, however there are also some countries that are not allowing bitcoin, they only see bitcoin as a fraud and scam and some other cases that bitcoin may be use by the terorrist to buy rifles, and bitcoin may be use as money laundering.

Title: Re: Bitcoin legal and illegal countries
Post by: Sean25pogi on December 29, 2018, 01:59:50 PM

In United States many countries legalized the bitcoin in using all kinds of commercial transactions,
which ease the whole process and make it more efficient and effective as we'll; wherein they save lota of time.

Title: Re: Bitcoin legal and illegal countries
Post by: dulinivanrus on December 30, 2018, 02:34:52 PM

Not surprisingly, not all countries have legalized bitcoin. Guys let's not forget that bitcoin is only 10 years old and he is still very young compared to the usual economy and traditional currencies but I think his time will come when he thunders to the whole world.

Title: Re: Bitcoin legal and illegal countries
Post by: OnceTwiceThird on December 30, 2018, 02:40:06 PM

Many bitcoin still make bitcoin as legal transaction, only few country have legal for using bitcoin not only for investment but also could be transaction payment, like United State and Japan.

Title: Re: Bitcoin legal and illegal countries
Post by: jatin729 on December 30, 2018, 05:28:24 PM

As far as my know in most of countries crypto is a controversial topic and none of governments want to start that topic in the country because they can't have control over it. But if you look into countries which legalised crypto, you can able to find that these countries are in better economic position than which are not legalised crypto. You can take example of Switzerland, most of famous ICOs come from Switzerland because it is one the friendly country for crypto currency.

Title: Re: Bitcoin legal and illegal countries
Post by: Olayinka225 on January 07, 2019, 08:59:55 PM

Most of the countries that has named bitcoin as illegal all thinks that if perhaps, if bitcoin should be declared legal will a threat to there local currency which is actually true. Because with time, bitcoin might rise higher in rate more than there local currency.

Title: Re: Bitcoin legal and illegal countries
Post by: MakeMoneyBtc on January 07, 2019, 10:31:04 PM

I don't think there is any country where bitcoin has been legalized for real. I'm referring here about accepting bitcoin as a national currency that people can use for legal payments at governmental institutions. That's because bitcoin wasn't created to work with governments and the features of blockchain are pretty much against the rules. In the future governments could be ok with people using cryptocurrencies in their country and that's because it's impossible to restrict it and people are anyway going to use it illegally since there is no easy way to get caught.

Title: Re: Bitcoin legal and illegal countries
Post by: maxamus on January 07, 2019, 10:56:28 PM

Quote from: Olayinka225 on January 07, 2019, 08:59:55 PM

yes as mentioned there are few countries where bitcoin is banned because of politics and they fear that there will not be any centralized control if bitcoin become legal which they won't want to happen and also there are some free flow of transaction will be there by which some bad people can take advantage and do some scam so be proactive and use btc if your country approved.

Title: Re: Bitcoin legal and illegal countries
Post by: Seeker#9 on January 08, 2019, 07:58:30 AM

I think it also depend on existing bank laws that they are enforcing which bans any kinds of currency that are not in accordance with that laws. Some countries with restrictive regimes might not also allow this kind of decentralized currency because they fully control their economy and their currency. These countries will take time to understand cryptocurrency and blockchain but will eventually allows if the next ruler have full knowledge on these virtual currencies.

Title: Re: Bitcoin legal and illegal countries
Post by: sscarletmzileni on January 08, 2019, 08:37:29 AM

I just hope it'll be legal to Asia where I am in most of the time. :(

Title: Re: Bitcoin legal and illegal countries
Post by: alonelyorange on January 08, 2019, 08:52:03 AM

So far I know still little country have allowed for using bitcoin as legal transaction, like united state, Japan and Russia. Many country have not allowed for using bitcoin as payment transaction and India have banned bitcoin.

Title: Re: Bitcoin legal and illegal countries
Post by: maldini on January 09, 2019, 05:11:34 PM

As time goes by, bitcoin will become legal throughout the world, because the state cannot stem the increasingly rapid development of technology, whether they want it or not, they must follow the existing developments.

Title: Re: Bitcoin legal and illegal countries
Post by: Dondisimo on January 13, 2019, 08:29:29 PM

This list is constantly being corrected, because the opinion of the government of different countries is constantly changing. But I hope that in the end the vast majority of countries will accept bitcoin and will use it for its intended purpose.

Title: Re: Bitcoin legal and illegal countries
Post by: Sumo on January 13, 2019, 08:38:58 PM

It is a pity that not all countries dare to overcome internal skepticism and introduce cryptocurrency on their territory. But I think that with the development and improvement of technology, the number of legitimate countries will increase

Title: Re: Bitcoin legal and illegal countries
Post by: mersal on January 13, 2019, 08:42:25 PM

Quote from: Sumo on January 13, 2019, 08:38:58 PM

In some countries Bitcoin will be legally used by people and they are getting much more efficient we are using them as their normal life but in some countries it will be not approved by the government of that country so it can be changed to approved by the uses of Bitcoin to be normal for all people who are using it because if we legally use the currency it will not good for us and also that country so what is my opinion is the Government of all over the country will definitely think about the legalization of cryptocurrency soon.

Title: Re: Bitcoin legal and illegal countries
Post by: Patron92 on January 13, 2019, 08:48:23 PM

I hope that the countries that today announced a complete ban on the use of cryptocurrency will still reconsider their decision and in the future will introduce bitcoin.

Title: Re: Bitcoin legal and illegal countries
Post by: bitvelk on January 13, 2019, 08:56:45 PM

Bitcoin is really developing not so much time, and it is normal that not all countries have decided to use this innovative technology. We just need to wait a little longer.

Title: Re: Bitcoin legal and illegal countries
Post by: Colan Zolo on January 13, 2019, 09:51:56 PM

As time goes on, bitcoin can definitely be accepted by countries with medium economies, this will open up a vast free market that occurs so that all can benefit from bitcoin. Bitcoin will continue to call for this transaction tool to have effective and fast and effective functions.

Title: Re: Bitcoin legal and illegal countries
Post by: Cryptoprimes on January 13, 2019, 10:02:01 PM

Quote from: bitvelk on January 13, 2019, 08:56:45 PM

Bitcoin is really developing not so much time, and it is normal that not all countries have decided to use this innovative technology. We just need to wait a little longer.

That's true. Gold standard evolved for decades till it was accepted by everyone. And the price of gold was the same volatile. I believe Bitcoin can become a new gold to value currencies and other assets. The governments (https://cryptodetail.com/legality-bitcoin-cryptocurrency-world) should accept electronic standard as the new era of economics.

Title: Re: Bitcoin legal and illegal countries
Post by: Royal Jelly on January 13, 2019, 10:14:41 PM

The government really has to consider new digital gold so as not to miss it, bitcoin runs slowly but surely. The government that prohibits must be able to accept and provide support because all of this will have a good impact on the people.

Title: Re: Bitcoin legal and illegal countries
Post by: RareFortune on January 13, 2019, 11:12:49 PM

Quote from: sscarletmzileni on January 08, 2019, 08:37:29 AM

I just hope it'll be legal to Asia where I am in most of the time. :(

Bitcoin is legal in most countries in Asia and some are still in progress for regulation so it will take some time before the fully adoption on this continent and I strongly believe it will happen soon because Bitcoin became the trending topic in financial industry.

Title: Re: Bitcoin legal and illegal countries
Post by: Marbelli on January 14, 2019, 12:47:55 AM

As we see, Bitcoin does not accept poor countries and this gives us many answers to our questions.

Title: Re: Bitcoin legal and illegal countries
Post by: TopT3ns on January 14, 2019, 02:52:14 AM

Quote from: RareFortune on January 13, 2019, 11:12:49 PM

Quote from: sscarletmzileni on January 08, 2019, 08:37:29 AM

I just hope it'll be legal to Asia where I am in most of the time. :(

In my country there are no regulation for crypto. But it is still better than make crypto illegal and people can't use it. But maybe if my country can accept it, it will be very good because i see a lot of people very anthusiast with this kind of business.

Title: Re: Bitcoin legal and illegal countries
Post by: Artemis3 on January 14, 2019, 08:29:15 AM

The central bank of Trinidad & Tobago doesn't like bitcoin, still the gov stance is neutral. Its gray at best, unregulated, but they have warned about scams going on etc. Mining is not a problem, electricity is cheap.

Venezuela has not adopted bitcoin. They showed a friendlier attitude in 2018, mostly to support their state centralized attempt at a crypto currency, which resulted in Petro, which has been completely changed at least three times. Its currently a Dash clone modified and absolutely centralized. You have to understand that the gov officials and authorities are very corrupt and there have been several cases of extortion and kidnapping, simply because those involved in mining operations tend to be wealthy. Mining is not supposed to be illegal and was even welcomed by the gov at some point. Buy and sale of bitcoins is mostly done to evade the gov draconian controls to foreign currency exchange. Mining is world's cheapest, but blackouts are common. There is also a hyperinflation crisis going on, the economy is very distorted. Somethings are very cheap, somethings cost triple the international price...

Title: Re: Bitcoin legal and illegal countries
Post by: bitbunnny on January 14, 2019, 09:20:32 AM

I think that we have to make distiction among countries that regulated Bitcoin and those who didn't. But that doesn't mean that in countries who don't have Bitcoin regulation the use of Bitcoin is illegal, so against the law, it's just not regulated. Also, I'm not aware of countries who declared Bitcoin formaly illegal, so against the law and thus punishable. But at the moment I would say that in most countries the use of Bitcoin is somwhere in the grey zone because most governments are still not sure how to deal with Bitcoin.

Title: Re: Bitcoin legal and illegal countries
Post by: whirlcoin on January 14, 2019, 10:07:37 AM

Quote from: bitbunnny on January 14, 2019, 09:20:32 AM

Some countries will not accept Bitcoin or other cryptocurrency us to be legally used by the government because of their economic situation is like that they cannot do anything against the banks and the government that's why Bitcoin will not be legalised in some countries but some countries will allow some of the cryptocurrency to be used by the people so it is also healthiest thing for the country to develop more quickly

Title: Re: Bitcoin legal and illegal countries
Post by: .cryptokiller on January 14, 2019, 10:16:40 AM

Quote from: alonelyorange on January 08, 2019, 08:52:03 AM

I think that sooner or later, Bitcoin will become legal in almost all countries. At the moment, some countries have banned bitcoin just because they don't understand it and are afraid of the consequences that may be after that.

Title: Re: Bitcoin legal and illegal countries
Post by: teejayrichard2 on January 15, 2019, 09:25:21 AM

i dont know where you got your information from or just based on speculation because i am based in Nigeria and till date Nigeria government has said nothing about bitcoin. They dont care or are not concerned whether you purchase bitcoin or not. but that doesnt mean they have made an announcement saying it is accepted. so where did you get your information from

Title: Re: Bitcoin legal and illegal countries
Post by: shoreno on January 15, 2019, 09:38:08 AM

Quote from: .cryptokiller on January 14, 2019, 10:16:40 AM

Quote from: alonelyorange on January 08, 2019, 08:52:03 AM

for your information bitcoin is already legal on majority of the countries . i think there are only 4 to 5 countries left that doesnt legalize btc due to some reason not just because they dont understand on how to use it but maybe they arent overwhelm about how crypto works because we know that we arent able to pay taxes when we use cryptos . and maybe they only want to protect the people of thier country from scammers and other online crimes .

Title: Re: Bitcoin legal and illegal countries
Post by: FUD Expert on January 15, 2019, 12:51:37 PM

These countries who stated that bitcoin is illegal are like North Korea. They will oppose to what other countries like but in the end they will also agree to adapt and follow. I'm pretty sure it will happen because fiat was also not accepted long time ago and only trading using gold, metals and precious items.

Title: Re: Bitcoin legal and illegal countries
Post by: cfif123 on January 15, 2019, 01:17:59 PM

Quote from: .cryptokiller on January 14, 2019, 10:16:40 AM

Quote from: alonelyorange on January 08, 2019, 08:52:03 AM

Your words are also true if the rule of law and legalizing bitcoin are not very easy to access bitcoin in the immediate future and I think it is difficult for bitcoin to enter the developed countries, like this, in my opinion

Title: Re: Bitcoin legal and illegal countries
Post by: maemunah on January 15, 2019, 01:41:00 PM

Quote from: cfif123 on January 15, 2019, 01:17:59 PM

Quote from: .cryptokiller on January 14, 2019, 10:16:40 AM

Quote from: alonelyorange on January 08, 2019, 08:52:03 AM

your words are correct if that is the sovereignty of the country so we cannot fight the government based on a definite law if we violate the law and that will hinder the entry of bitcoin also in the world of technology today

Title: Re: Bitcoin legal and illegal countries
Post by: ipsec on January 16, 2019, 05:55:50 PM

I do not believe in this. I mean. Do you really think that the government of at least one country wants to destroy its economy? Bitcoin is created just for this. Deliver us from intermediary. And the state is exactly the same intermediary.
When I hear about the legalization of BTC. I hear about total control BTC.

Title: Re: Bitcoin legal and illegal countries
Post by: Ava Duvall on January 18, 2019, 11:51:50 AM

Quote from: sscarletmzileni on January 08, 2019, 08:37:29 AM

I just hope it'll be legal to Asia where I am in most of the time. :(

Asia is doing quite well actually, its making improvements in the right direction, even more people are investing and sooner or later the government will come around !

Title: Re: Bitcoin legal and illegal countries
Post by: playboy654 on January 18, 2019, 12:14:08 PM

Quote from: Ava Duvall on January 18, 2019, 11:51:50 AM

Quote from: sscarletmzileni on January 08, 2019, 08:37:29 AM

I just hope it'll be legal to Asia where I am in most of the time. :(

Asia is doing quite well actually, its making improvements in the right direction, even more people are investing and sooner or later the government will come around !

Yes you are right by doing the Bitcoin legal process then the country will made a huge decision for the development of that country but one thing I will definitely don't know why people are afraid of using cryptocurrency in their life it will be the more complicated questions are only here now.

Title: Re: Bitcoin legal and illegal countries
Post by: hen cet on February 06, 2019, 03:01:23 AM

Quote from: kucritt on January 15, 2019, 11:20:14 AM

when there are many country that will accept bitcoin, it will be more good for them. why? because i think it will give the highest popularity to all people and the price will growing from that factor

Countries that legalize bitcoin are relatively advanced countries, including in the technology, infrastructure, and education level of their citizens. Therefore, acceptance of bitcoin as a digital currency is easily accepted.
While developing countries experience many obstacles in bitcoin acceptance because economic stability and infrastructure are inadequate. Therefore, it takes more time to take policy on bitcoin, until the policy is considered to benefit the government.

Title: Re: Bitcoin legal and illegal countries
Post by: thesmallgod on February 06, 2019, 06:51:26 AM

Nigeria have remain passive about crypto related activities despite the fact the country central bank of the country had warned the citizen about the risk involve in using cryptocurrency, I do not think bitcoin can be regulated in the the country. The country already have thousand of issue to address aside cryptocurrency. However seeing poor countries in the list of countries that want to regulate crypto make me wonder if the government actually want to improve citizen standard of living. crypto have created more opportunity than some country's government

Title: Re: Bitcoin legal and illegal countries
Post by: Siren on February 06, 2019, 07:46:20 AM

With this data i guess we will be waiting for the legitimacy here in Philippines,though we are clearly allowed to do whatever we want.with just an advice from the government to invest in our own risk

Quote from: bagsat on January 17, 2019, 06:38:02 AM

Depends on how country adopted or accept bitcoin. Not all of country understands and accept digital currency.

This is what happens when a poster don’t spend a minute reading the OP.lol

Title: Re: Bitcoin legal and illegal countries
Post by: apilpirman.bisnis on February 06, 2019, 08:11:58 AM

My country Indonesia have legal bitcoin as transaction, but so far only for using bitcoin as trading or investing. We will wait when bitcoin become legal transaction payment at the future and will make bitcoin have higher price again.

Title: Re: Bitcoin legal and illegal countries
Post by: iMark on February 06, 2019, 10:55:29 AM

Quote from: .cryptokiller on January 14, 2019, 10:16:40 AM

Quote from: alonelyorange on January 08, 2019, 08:52:03 AM

They understand it, I think the government will not be that stupid by making a ban without clear calculations and analysis, the point is the government wants a win-win solution, not detrimental to the government side, the government just hasn't found a way to do it

Title: Re: Bitcoin legal and illegal countries
Post by: Caladonian on February 06, 2019, 11:01:59 AM

Quote from: iMark on February 06, 2019, 10:55:29 AM

Quote from: .cryptokiller on January 14, 2019, 10:16:40 AM

Quote from: alonelyorange on January 08, 2019, 08:52:03 AM

Exactly, they wanted to make sure that in each decision to make they will gain, some countries doesn't like independicity, they will do everything in their power to make sure that they have a winning position, they are not new to this as bitcoin already a talk around the mass media's but still they are not
allowing such new payment system without their controls.

We can't easily change their minds, but demands will surely pressure them after more adoptions coming from different countries will be implemented.

Title: Re: Bitcoin legal and illegal countries
Post by: Yamifoud on February 06, 2019, 11:16:59 AM

Quote from: Siren on February 06, 2019, 07:46:20 AM

With this data i guess we will be waiting for the legitimacy here in Philippines,though we are clearly allowed to do whatever we want.with just an advice from the government to invest in our own risk

Quote from: bagsat on January 17, 2019, 06:38:02 AM

Depends on how country adopted or accept bitcoin. Not all of country understands and accept digital currency.

This is what happens when a poster don’t spend a minute reading the OP.lol

Philippines government authorities never thinks for bitcoin's negative impact to the society or in the economic threat instead they just support for these. Just like the other country, people are making this crypto for good and not using it for some acts of illegalities.

Title: Re: Bitcoin legal and illegal countries
Post by: nomenclatur on February 06, 2019, 05:14:44 PM

Quote from: apilpirman.bisnis on February 06, 2019, 08:11:58 AM

Bitcoin regulation in Indonesia is still one of the most basic things and is still in the research stage which is actually only done by a number of parties outside the government, and it seems that it does not want to publish to the public more measurably. The government there is still only focused on fintech which is starting to connect with the blockchain. But not too familiar with the other bitcoin business concepts.

Title: Re: Bitcoin legal and illegal countries
Post by: Thyristor on February 06, 2019, 05:18:51 PM

I don't think Lebanon,India,Nigeria and Croatia is legitimacy countries for Bitcoin. A lot of problems and creating many pressures to banned Bitcoin from government and also banking sectors.

Title: Re: Bitcoin legal and illegal countries
Post by: CryptoLos on February 06, 2019, 06:05:31 PM

Thankfully those legislation are not coordinated so crypto won't be stopped any time soon. Bankers already lost this war ;)

Title: Re: Bitcoin legal and illegal countries
Post by: Thanasis on February 06, 2019, 06:18:37 PM

Quote from: Thyristor on February 06, 2019, 05:18:51 PM

I don't think Lebanon,India,Nigeria and Croatia is legitimacy countries for Bitcoin. A lot of problems and creating many pressures to banned Bitcoin from government and also banking sectors.

If they are not crypto friendly countries then why India implemented a separate group to research about the crypto currencies and their taxation possibilities.So in India or African countries still bitcoin are allowed to use but there is no regulations yet just use it as you want.

Title: Re: Bitcoin legal and illegal countries
Post by: maianh09 on February 06, 2019, 06:24:22 PM

I see the country I live in is on the list of countries that accept Bitcoin. But I assert that this is not true, in my state you are allowed to own it, but ownership activities related to buying-selling or FIAT-Bitcoin-related activities are all considered offenses. So I mean that you were wrong to list it in the list above.

Title: Re: Bitcoin legal and illegal countries
Post by: Akpuv on February 06, 2019, 07:04:35 PM

I don't know how through the entire information is, but I think you still missed a country among the Bitcoin cancellation countries, North Korea should have appeared in that list. I don't think Bitcoin is allowed in that region.

Title: Re: Bitcoin legal and illegal countries
Post by: kingpin4321 on February 06, 2019, 11:08:12 PM

Most power house country of the would as you can see has no ban what so ever.
But due to religious beliefs some countries has there restrictions concerning bitcoin.
Also countries like the USA and china has some sort of ban on cryptocurrency related sectors like ico, some exchanges, wallet etc

Title: Re: Bitcoin legal and illegal countries
Post by: anehh on February 07, 2019, 12:45:21 AM

Of the many countries in the world, only a small percentage prohibit the use of Bitcoin. So it's clear that Bitcoin has great power and many countries support Bitcoin. So I'm sure Bitcoin will grow well and finally Bitcoin will become a national currency that is recognized by all countries.

Title: Re: Bitcoin legal and illegal countries
Post by: mich on February 07, 2019, 01:07:23 AM

There are no excuses for any 1st World Countries to ban BTC or make it illegal.
Only a matter of time before the world starts recognizing BTC as legal tender.
The countries than ban crypto are still living in the stone age and need to finally adopt to society and its norms.
Digital money is the future - doesnt matter what part of the world you live in.

Title: Re: Bitcoin legal and illegal countries
Post by: Dreamchaser21 on February 07, 2019, 01:24:49 AM

Quote from: Thyristor on February 06, 2019, 05:18:51 PM

I don't think Lebanon,India,Nigeria and Croatia is legitimacy countries for Bitcoin. A lot of problems and creating many pressures to banned Bitcoin from government and also banking sectors.

The decision for this one are still pending and I think they are still studying the system. There's a many reason for them to ban bitcoin and we cannot stop them but for sure they will not make decision without supporting research. As far as I know, many countries are now adopting cryptocurrency its either legal or not but people are free to use cryptocurrency as long as they know the risk.

Title: Re: Bitcoin legal and illegal countries
Post by: Koadharber on February 07, 2019, 01:26:49 AM

Quote from: Yamifoud on February 06, 2019, 11:16:59 AM

Quote from: Siren on February 06, 2019, 07:46:20 AM

With this data i guess we will be waiting for the legitimacy here in Philippines,though we are clearly allowed to do whatever we want.with just an advice from the government to invest in our own risk

Quote from: bagsat on January 17, 2019, 06:38:02 AM

Depends on how country adopted or accept bitcoin. Not all of country understands and accept digital currency.

This is what happens when a poster don’t spend a minute reading the OP.lol

Bitcoin in the Philippines is legal but they didn't recognize it to their countrymen because the government of the Philippines still afraid of the negative impact that cause of it,that's why many Filipino's still don't know about Bitcoin and some of them know's about it but they are scared to do it because of the abusive people that is using Bitcoin's name to scam investors.

Title: Re: Bitcoin legal and illegal countries
Post by: marketone on February 07, 2019, 04:08:00 AM

Quote from: Dreamchaser21 on February 07, 2019, 01:24:49 AM

Quote from: Thyristor on February 06, 2019, 05:18:51 PM

I don't think Lebanon,India,Nigeria and Croatia is legitimacy countries for Bitcoin. A lot of problems and creating many pressures to banned Bitcoin from government and also banking sectors.

Exactly, some countries are majorly bothering one thing if they start legalising bitcoin many people start using the Bitcoin and defenitely it will effect their local currency which it makes them to decrease their value in the market.

Title: Re: Bitcoin legal and illegal countries
Post by: iMark on February 07, 2019, 06:06:38 AM

Quote from: Caladonian on February 06, 2019, 11:01:59 AM

Quote from: iMark on February 06, 2019, 10:55:29 AM

Quote from: .cryptokiller on January 14, 2019, 10:16:40 AM

Quote from: alonelyorange on January 08, 2019, 08:52:03 AM

I think so, when their society presses the government to legalize bitcoin, the government will not be able to do anything.
and I'm sure that will happen in the future because every year the user growth always goes up

Title: Re: Bitcoin legal and illegal countries
Post by: BennyK on February 07, 2019, 08:11:30 AM

Quote from: Thanasis on February 06, 2019, 06:18:37 PM

Quote from: Thyristor on February 06, 2019, 05:18:51 PM

I don't think Lebanon,India,Nigeria and Croatia is legitimacy countries for Bitcoin. A lot of problems and creating many pressures to banned Bitcoin from government and also banking sectors.

You're right mate. In Africa, almost all the countries maintains a neutral stands about cryptocurrencies. It is one of the good continents cryptocurrency experts, miners, merchants and developers can capitalize, gain roots and build more offices for crypto related operations. Sooner or later, several countries across the globe will begin to legalize crypto just as India has started.

Title: Re: Bitcoin legal and illegal countries
Post by: amonymous on February 07, 2019, 09:51:42 AM

Quote from: mhj on February 05, 2018, 10:12:22 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

Not in Bangladesh,their are many countries have not accept in Bitcoin.In fact, they still could not believe Bitcoin yet.the countries you write are still in it.I'll say they're still behind this crypto market.But many countries have assumed Bitcoin as legal.and in different cases they are now using Bitcoin.shopping and bank statement their are using Bitcoin and lot of other Sections.

Title: Re: Bitcoin legal and illegal countries
Post by: akuser on February 07, 2019, 09:56:06 AM

Only a small number of countries reject bitcoin, this is not a big problem.
some countries have no interest because they do not know the progress of blockchain technology.
even though this is a valuable discovery.

Title: Re: Bitcoin legal and illegal countries
Post by: fianaindriati on February 07, 2019, 02:05:49 PM

Quote from: amonymous on February 07, 2019, 09:51:42 AM

Quote from: mhj on February 05, 2018, 10:12:22 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

until now there are still many countries that have not legalized bitcoin, because sometimes the views of each person or country are certainly different. so we can't guess every country. so all that is not easy to happen.

Title: Re: Bitcoin legal and illegal countries
Post by: bce on February 07, 2019, 02:20:27 PM

Quote from: fianaindriati on February 07, 2019, 02:05:49 PM

Quote from: amonymous on February 07, 2019, 09:51:42 AM

Quote from: mhj on February 05, 2018, 10:12:22 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

yes until now there are still many countries that have not legalized bitcoin fully. the problem is the current condition of bitcoin is certainly different from the condition of the former bitcoin. so sometimes every country must be aware of the current bitcoin conditions.

Title: Re: Bitcoin legal and illegal countries
Post by: CriptexExchange on February 07, 2019, 03:04:32 PM

Many countries around the world legitimized Bitcoin. Glad dominating of the number of countries, which have legalized Bitcoin. Many people will see, Bitcoin not to be abolished everywhere after looking of the list.

Title: Re: Bitcoin legal and illegal countries
Post by: Ridwan Fauzi on February 07, 2019, 03:20:32 PM

Quote from: anehh on February 07, 2019, 12:45:21 AM

Of the many countries in the world, only a small percentage prohibit the use of Bitcoin. So it's clear that Bitcoin has great power and many countries support Bitcoin. So I'm sure Bitcoin will grow well and finally Bitcoin will become a national currency that is recognized by all countries.

Does that mean bitcoin has changed its own system from a decentralized system to centralized system?

Although these thing will never happen because bitcoin is a technology that cannot be regulated by any party, I just deplore what you have said and what you want. I prefer with bitcoin to be used as an alternative payment system which is only done by everyone in certain circumstances, for example to buy goods in the form of online. In this case the government will not ask for a lot of laden for everyone who uses bitcoin, they only need to be a superintendence to the circulation of bitcoin in every country to maintain economic stability.

Title: Re: Bitcoin legal and illegal countries
Post by: Kimi80 on February 07, 2019, 07:19:21 PM

Quote from: ningrumxxi on December 04, 2018, 02:54:00 AM

Quote from: Bittzy78 on February 05, 2018, 09:07:46 AM

I agree with both of you guys. The country will embrace bitcoin, will have nothing against and will even support it if they tax it. Everything is good as long as they have an insight on things, in this case bitcoin transactions, number of owners, pretty much everything about it.
On the other side, its function as a currency as ningrumxxi said will disappear, so as the revolution, but I highly doubt that it can be different on any other way. As you said, current monopoly currency system will remain for now, developers and creators of it are so strong and surely are not willing to let it go.

Title: Re: Legality of bitcoin by country
Post by: Matimtim on February 08, 2019, 01:20:58 PM

Quote from: khoicoi on February 05, 2018, 07:38:40 AM

I want to know you get the source information from the beginning? I think your information is inaccurate !

You have a point, the op need to acknowledge the source where he gets this information to convince people that his statement is true and reliable and we can use for any purpose.

Title: Re: Bitcoin legal and illegal countries
Post by: Godday on February 08, 2019, 01:34:57 PM

Quote from: Matimtim on February 08, 2019, 01:20:58 PM

Quote from: khoicoi on February 05, 2018, 07:38:40 AM

I want to know you get the source information from the beginning? I think your information is inaccurate !

You have a point, the op need to acknowledge the source where he gets this information to convince people that his statement is true and reliable and we can use for any purpose.

before we have to give information about any news we need to examine it first. because every news we give requires our responsibility correctly. so if we get unclear information, it is better if we need to examine it. because the news that was delivered was not just one person who read but many people read it.

Title: Re: Bitcoin legal and illegal countries
Post by: pat4cryptoreal on February 08, 2019, 03:49:09 PM

I appreciate your research, It is a thing of joy to know that so many countries are not declaring cryptocurrency illegal.

Title: Re: Bitcoin legal and illegal countries
Post by: SistaFista on February 10, 2019, 02:24:31 PM

Bitcoin is legal in my country, but you cannot use it as a payment currency legally to buy something here.
In my country, i only able to use bitcoin to trading or investing on a cryptocurrency project.
Despite of that limit, i can gain a good profit with a good strategy when trading or investing.

Title: Re: Bitcoin legal and illegal countries
Post by: SIDDHI777 on February 10, 2019, 03:24:34 PM

According to my understanding no country has strictly banned bitcoin with any kind of low but there are some countries like India, Sri Lanka who have gone to extreme extends using media and other sources to avoid there citizens from using bitcoin or any other cryptocurrency because they believe it will make bad effect to there economical system and some has an open mind regarding bitcoin like Japan and Switzerland and the number keeps increasing in the world because now many understands benefits they can gain by using cryptocurrencies

Title: Re: Bitcoin legal and illegal countries
Post by: tinkerr100 on February 10, 2019, 05:26:28 PM

Well, as you can see, the list of countries is mostly not the most developed countries. Except, perhaps, China. But this country can not be called free.

Trends suggest that developed countries such as Sweden, the USA, Germany, Australia and many others only encourage the development of the field of cryptocurrencies.

Other countries in this article, on the contrary, hamper the development of the segment. By the way, Iceland was recently on this list. But in 2017, the government fully restored the rights of traders, repealing all restrictive laws.

Therefore, there are no prerequisites for banning Bitcoin and other cryptocurrencies all over the world. On the contrary, everything suggests that new money will slowly integrate with the mainstream economic system, which will allow a smooth transition into a new world, where coins will also be used along with fiat.

Title: Re: Bitcoin legal and illegal countries
Post by: lousie9 on February 10, 2019, 09:14:20 PM

Quote from: SIDDHI777 on February 10, 2019, 03:24:34 PM

Illegality is caused by fears that it will affect everything that applies in their country, but I believe they are unable to monitor bitcoin users because of too free internet use. But there are indeed things that cannot develop in this country such as public discussions and the development of tiered education regarding crypto assets.

Title: Re: Bitcoin legal and illegal countries
Post by: BTMBitcoinVN on February 14, 2019, 08:21:42 AM

giving it a "legal/illegal" tag is pretty difficult. Most places it's regulated according to the financial laws of the country. Some places it's illegal to use to buy goods and services, but it's perfectly legal to buy and exchange the currency.

Title: Re: Bitcoin legal and illegal countries
Post by: secondbtc on February 14, 2019, 09:20:09 AM

Bitcoin Legal issue in INDIA

https://cryptomaa.com/btc/bitcoins-legal-illegal-issue-india/

Title: Re: Bitcoin legal and illegal countries
Post by: BennyK on February 14, 2019, 09:34:39 AM

Quote from: secondbtc on February 14, 2019, 09:20:09 AM

Bitcoin Legal issue in INDIA

https://cryptomaa.com/btc/bitcoins-legal-illegal-issue-india/

It is a good decision taken by the Central Bank of India to authorize cryptocurrencies which include Bitcoin. I hope the neighbouring countries and allies will follow the same path as Bitcoin and cryptocurrency raise the economic status of the people of India.

Title: Re: Bitcoin legal and illegal countries
Post by: BlackPanda on February 14, 2019, 09:59:03 AM

Quote from: lousie9 on February 10, 2019, 09:14:20 PM

Quote from: SIDDHI777 on February 10, 2019, 03:24:34 PM

That is certainly very influential because it can make a change in the public stigma towards crypto.
it has a big impact because it can also affect prices globally.
Support is necessary because when there is no support, crypto can lose prestige and the price will decrease.

Title: Re: Bitcoin legal and illegal countries
Post by: cryptomaster420 on February 15, 2019, 10:11:48 PM

A large portion of the countries you listed are European, and most European countries have an upper limit on financial transactions - beyond which it's illegal to transact via anything but bank wire - and you may be sued for money laundering otherwise.
I suppose it doesn't count if you move your bitcoin between exchanges, but you can't purchase a car/house with bitcoin there.

Title: Re: Bitcoin legal and illegal countries
Post by: BLAST2MARS on February 16, 2019, 12:32:08 AM

I believe that there are much more undecided countries about the bitcoin and altcoin than countries that have made it illegal. And another point is that most of the countries that have made it illegal does not welcome other countries for any deal or partnership with other countries in the first place. In short, they only care about theirselves and closeminded people.

Title: Re: Bitcoin legal and illegal countries
Post by: n0ne on February 16, 2019, 12:42:19 AM

Years back when inflation headed up in Zimbabwe experts came up with a suggestion stating adoption of cryptocurrency could let them get rid of the economic crisis. By that time the acting government wasn't able to make good decisions, but just think of Venezuela. They acted at the right time, making it legal will make them the global head in this regard as few countries have got into legal adoption while rest were expected to follow at the earliest.

Title: Re: Bitcoin legal and illegal countries
Post by: Janation on February 16, 2019, 09:20:03 AM

Quote from: DonFacundo on February 14, 2019, 01:04:09 PM

nice list many countries accepted bitcoin, I hope more countries will follow to legalize bitcoin I know many people want to use bitcoin.

Not that many actually.

In our country, Bitcoin is accepted or legalized by our government. For some people, it is great news but for most of the people, they don't really care since they don't know what is it or how will they use it. Only a few people know what it is and use it the reason I think even though it is legal to use in our country, it is not that popular.

Title: Re: Bitcoin legal and illegal countries
Post by: iqlimasyadiqa on February 16, 2019, 09:44:45 AM

Quote from: Malam90 on February 16, 2019, 08:41:30 AM

In most of the countries, Bitcoin is either officially legal or has legal to trade Bitcoin but only 7 countries banned or canceled Bitcoin and its transactions in that countries. We are living in a country where Bitcoin is illegal.

It really depends on the decisions of government institutions in a country. Legal and illegal decisions are indeed in the government, which is why not all countries have bitcoin legality and some are legally recognizing bitcoin. what needs to be done is support from the public, because when a government gets pressure from the public it can make a different decision. let's support and expand bitcoin together.

Title: Re: Bitcoin legal and illegal countries
Post by: yvesp110 on February 18, 2019, 06:51:42 PM

Quote from: bassbity on February 16, 2019, 10:51:09 AM

Quote from: iqlimasyadiqa on February 16, 2019, 09:44:45 AM

Quote from: Malam90 on February 16, 2019, 08:41:30 AM

In my country's government, bitcoin is legal, no one prohibits it, but the government does not guarantee that there is no bitcoin money lost or destroyed, but the government has also agreed to have bitcoin in the country.

You are lucky if your government is allowing you to use such nice currency where all other coins seems to be ban only bitcoin in my country are allowed to use, so we are investing in bitcoin we are using it to buy goods and we are saving it for our life time savior, those who forbid it only afraid of high bitcoin acceptance and they can see their regular currency in dark.

Title: Re: Bitcoin legal and illegal countries
Post by: wahyu5 on February 18, 2019, 08:35:27 PM

There are some countries that prohibit the use of Bitcoin, so that Bitcoin becomes illegal in that country, but most countries in the world do not prohibit the use of Bitcoin, so Bitcoin is free to use in that country, as long as it does not violate applicable laws. There are always those who support Bitcoin and there will always be those who oppose Bitcoin, but in the end Bitcoin still shows strength and will never be lost or destroyed from the circulation of crypto currencies.

Title: Re: Bitcoin legal and illegal countries
Post by: mapanlah on February 19, 2019, 01:10:44 AM

Bitcoin is a digital currency, it is not included in the list of prohibited items, so bitcoin in any country is legal. the problem is if the emerging country does not support bitcoin to be used as a medium of exchange, but the state still includes bitcoin in the category of assets or commodity items that can be traded.

Title: Re: Bitcoin legal and illegal countries
Post by: Kirito-kun on February 19, 2019, 02:24:38 AM

Quote from: Cholidm on February 05, 2018, 07:45:11 AM

Indeed, perhaps those countries are not ready yet, or doesn't have facilities to access this thing, or it is out of their priority. Bitcoin has been widely use across the world and that means it also been used in a wrong way which make it notorious and banned on other countries.

Title: Re: Bitcoin legal and illegal countries
Post by: jimskiy on February 19, 2019, 02:39:57 AM

Last update news about bitcoin in my country Indonesia become legal transaction, last week our government have announced about bitcoin become legal transaction and it give more distributed bitcoin will be on higher price later.

Title: Re: Bitcoin legal and illegal countries
Post by: hatsuneczelmiku on February 19, 2019, 02:53:13 AM

Well, there are still lots of countries around the globe that banned or have Bitcoin illegal. It is just that I am fortunate that the country where I belong made use of crypto currencies and is one of those Bitcoin countries that get to legitimacy.

Title: Re: Bitcoin legal and illegal countries
Post by: agon21 on February 19, 2019, 02:56:35 AM

I think this information is very useful. And I think bitcoin will still grow more than now. Only hope

Title: Re: Bitcoin legal and illegal countries
Post by: kaisa on February 19, 2019, 04:35:41 AM

I think the OP only provides information that is not full, some of the data mentioned has changed. Maybe the most accurate and up-to-date data is on coindance (https://coin.dance/poli). There provides some information about the rules of bitcoin as money or as a commodity. https://coin.dance/poli

Title: Re: Bitcoin legal and illegal countries
Post by: shesheboy on February 19, 2019, 05:09:29 AM

Quote from: jimskiy on February 19, 2019, 02:39:57 AM

woah really ? thats cool . im aware and if im not mistaken , i saw a post last year ( i think ? ) they say that crypto is ban on indonesia but im now happy to see that they are now unbanning cryptos again . this might be the reason on why the crypto market is starting to recover again and not only that , this event can make an influence to the price of cryptos on the latter stage .

i just hope that the unabanning of cryptos can also be adopted on other stricter countries that banned cryptocurrencies before . luckily our country is not involved on these restrictions .

Title: Re: Bitcoin legal and illegal countries
Post by: mitchr4 on February 19, 2019, 05:23:22 AM

Quote from: shesheboy on February 19, 2019, 05:09:29 AM

Quote from: jimskiy on February 19, 2019, 02:39:57 AM

Actually they don't really ban Bitcoin only the Indonesian government is not responsible for criminal acts on cryptocurrency. Currently, the use of Bitcoin or cryptocurrency in Indonesia is legal, but the government does not recommend that it be used as a payment but only used for Futures Exchange, which is only limited to trading.

Title: Re: Legality of bitcoin by country
Post by: btc78 on February 19, 2019, 05:42:41 AM

Quote from: khoicoi on February 05, 2018, 07:38:40 AM

I want to know you get the source information from the beginning? I think your information is inaccurate !

For what reason have you said that?as i have checked now the data is accurate so other explanation for this?

But i am happy that many countries from asia has this legitimacy proposal,so we will have to wait sooner for adoption.and also those who canceled theirs are maybe reviewing their position and may appear positive in future

Title: Re: Bitcoin legal and illegal countries
Post by: Dainye_dyep on February 19, 2019, 05:54:16 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

Those countries who have cancelled Bitcoin into their places maybe still do not understand the essence of Bitcoin which is their right to decide because legitimacy of Bitcoin for them seems to be still questionable. It is hard to explain to them to believe Bitcoin's legitimacy but the good thing we must keep in focus is that there are still lots of countries who still believe into Bitcoin's legitimacy. There is still a long time for them to be convinced whether they will believe or not.

Title: Re: Bitcoin legal and illegal countries
Post by: joshy23 on February 19, 2019, 07:07:29 AM

Quote from: wahyu5 on February 18, 2019, 08:35:27 PM

Got that point., there's really some countries who never intimate with bitcoin transactions as long as they are not breaking any rules inside that
place they will not do anything harm, for those who oppose they needed to learned what would be the functions that bitcoin can help them to lessen
transactions process and start to believe that it will help them just need to make a good rules basing from its usage.

Title: Re: Bitcoin legal and illegal countries
Post by: Kocret02 on February 19, 2019, 07:24:41 AM

legal and illegal bitcoin is something that has become a decision of that country. maybe now we can see if there are legal and illegal countries, but this might change at some time.

Title: Re: Bitcoin legal and illegal countries
Post by: Zeque02 on February 19, 2019, 01:18:16 PM

I think when we talk about legal and illegal countries in bitcoin is a matter of choice and depends on different company who using it. The way of payment is very easy which only needs few minutes on it as long internet connection have high signal. But it is good to use it with consent to each leaders of the country in order to make it legal. I am sure it will happen soon because bitcoin is popular nowadays.

Title: Re: Bitcoin legal and illegal countries
Post by: kaisa on February 19, 2019, 01:54:41 PM

Quote from: jimskiy on February 19, 2019, 02:39:57 AM

Hi Jimskiy, I have updated information for the legality of bitcoin in Indonesia. Please see this link https://bitcointalk.org/index.php?topic=5101473.0;all there I also provide a link to the legality document along with the rules for creating a cryptocurrency trade exchange.

Title: Re: Bitcoin legal and illegal countries
Post by: Mcdacillo on February 19, 2019, 02:52:12 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

In my opinion, the doubt in the legitimacy of bitcoin is a common issue on digital currency since bitcoin and other coins do not have an appereance like the fiat. On my research, there are big countries that consider the bitcoin such a United States, Canada , Australia ans etc. and of course there is also a country that banned bitcoin because of the said issue or they didn't want investors and/or they didn't consider bitcoin for investments such as China, Vietnam, Russia and etc.

Title: Re: Bitcoin legal and illegal countries
Post by: Mr. Ar_Mongi on February 19, 2019, 03:09:26 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

If you look at the list of countries abolishing the legitimacy of Bitcoin - it's poor and impoverished countries. The governments of these countries are just afraid that Bitcoin prevents them from controlling people. Bitcoin gives people freedom - the freedom impermissible by the standards of those countries.

Title: Re: Bitcoin legal and illegal countries
Post by: yrrehc16 on February 19, 2019, 04:33:33 PM

As long as the currency has no regulation it will stay illegal to some country.
This is a fact, there are some or there are economy that will be affected if they will let the BITCOIN circulate in their country.
To be safe, they want it to be regulated first!

Title: Re: Bitcoin legal and illegal countries
Post by: kpcian on July 28, 2019, 05:23:58 PM

It doesn't matter which country allows or not, It means they are taking it seriously. Most of the countries have already taken some measures on behalf of the blockchain system. some are taking it as one of the main concern of the monetary sector. So legal and illegal doesn't carry any importance in this blockchain aspect.
Day by day Blockchain system is getting popular around the world and people are also getting involved in this platform for their present and future purpose. So it's a matter of time when Bitcoin and blockchain will be the mainstream for sure.

Title: Re: Bitcoin legal and illegal countries
Post by: abderrazak belkhir on July 28, 2019, 09:00:03 PM

All those countries have dictatorial system...they dont give their people the chance to Exit dependency and this is why they ban bitcoin

Title: Re: Bitcoin legal and illegal countries
Post by: Turk Ace on July 28, 2019, 10:57:13 PM

Goodluck banning bitcoin. Many things are banned yet people still do/use it. It won't change a damn thing.

Quote from: mitchr4 on February 19, 2019, 05:23:22 AM

Quote from: shesheboy on February 19, 2019, 05:09:29 AM

Quote from: jimskiy on February 19, 2019, 02:39:57 AM

I think they just say they do not recommend it so there no tears later from clueless people. I mean what else would they say? They wouldn't recommend any other currency but their own. Especially a new currency that is not fiat and traditional.

Title: Re: Bitcoin legal and illegal countries
Post by: Herros on July 29, 2019, 01:04:22 AM

Coordinating Minister for Economic Affairs Darmin Nasution confirms that Bitcoin Cs or Cryptocurrency still could not be a means of payment in Indonesia. But that legalize only futures exchanges where only limited in futures trading.

Title: Re: Bitcoin legal and illegal countries
Post by: Hallmader on July 29, 2019, 03:23:41 AM

The countries where Bitcoin is legal is rising by the numbers. And it is undeniable that this huge step by these countries will be a basis for other countries to consider the same. By and by, after one country after another legalizes Bitcoin, those which remain against Bitcoin will be finally convinced. The adoption of Bitcoin is the acceptance of new technologies that will push the walls of the playing field farther, giving the people an alternative mode of payment as a result.

Title: Re: Bitcoin legal and illegal countries
Post by: diahsw on July 29, 2019, 08:56:44 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.

Bitcoin countries to get legitimacy:

Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .

Bitcoin Cancellation Countries:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal

During its decade of appearance, the adoption of Bitcoin has grown very rapidly. The cryptocurrency with the largest capitalization in the world has been legally accepted in more than 100 countries. While in many other countries, the legal status of Bitcoin is still doubtful or regulated by a number of restrictions. However, there is the most widely used currency in trading fiat-Bitcoin currencies. One of them is the Nigerian naira currency. In that country, Bitcoin has not yet obtained official legal status. But in the fiat-Bitcoin trade, Naira controlled a market share of around 0.03 percent (239.35 BTC). As for countries where Bitcoin is considered illegal, there are not many. Only 10 countries, namely Afghanistan, Algeria, Bangladesh, Bolivia, Pakistan, Qatar, Republic of Macedonia, Saudi Arabia, Vanuatu, and Vietnam.

While countries where Bitcoin is classified as "limited" there are nine countries. Two of them are the largest countries, namely China and India. The fact that bitcoin can be used anonymously to conduct transactions between users, anywhere in the world, makes it very attractive to carry out criminal activities such as money laundering. So, the government accuses digital currency of being a tool for criminals to buy and sell illegal goods such as drugs or weapons even though it is a false accusation.

Title: Re: Bitcoin legal and illegal countries
Post by: antisocial77 on July 29, 2019, 11:39:51 AM

This list changes so fast and i think there must be 3rd list for which is legal nor illegal like my country.the longest list should be this.

Title: Re: Bitcoin legal and illegal countries
Post by: boris2470 on July 29, 2019, 02:29:52 PM

If current India's crypto story will have a bad ending, then India will need to add to the countries of Bitcoin cancellation ...

Title: Re: Bitcoin legal and illegal countries
Post by: Golftech on July 29, 2019, 03:05:59 PM

Quote from: Hallmader on July 29, 2019, 03:23:41 AM

In anyhow success of bitcoin will push those countries who still unconvinced of this industry, bitcoin will be there to grow as a alternative means for payments a cryptocurrency where people are free to transact directly from wallet to wallet without any interfere from any banking institutions, the usage of this currency if being adopted will lessen the delays of third party services and from that point of views other non believing countries will be convince that there's really a use for this alternative currency.

Title: Re: Bitcoin legal and illegal countries
Post by: zviadits on July 29, 2019, 03:24:08 PM

The list of countries where prohibited Bitcoin consists of not the most developed countries. I do not think that there is a large concentration of crypto users, so everything is okay. The main thing that big countries do not prohibit Bitcoin because in case of ban the crypto community will be hard to develop

Title: Re: Bitcoin legal and illegal countries
Post by: HELLOFF on July 29, 2019, 09:06:03 PM

The fact is that we can take for example India and the United States of America, where there are negative statements regarding cryptocurrency. But at the same time, quite a lot of cryptocurrency exchanges and cryptocurrency companies operate in the United States, which already have official registration. And in India, negative statements are supported by negative intentions, which can lead to criminal liability for the use of cryptocurrency.

Title: Re: Bitcoin legal and illegal countries
Post by: Vaskiy on July 29, 2019, 09:33:43 PM

Countries keep on adopting bitcoin same time countries keeps reviewing whether it needs to be legalized or not. On the other side there were a set a countries that doesn't give any statement. However till date more countries that stood against cryptocurrency have been getting into regulated use of cryptocurrency. This is a big success. This will continue, and peer to peer technology gets used beyond any kind of restrictions. This way the usage will count.

Title: Re: Bitcoin legal and illegal countries
Post by: Rooster101 on July 30, 2019, 02:44:42 AM

Although the present government here in my country did not yet legalize the cryptocurrency, they welcomes the idea of using it as a alternative currency by the people. Local central bank are now crafting a regulation for the use of cryptocurrency before finally legalizing it. In the coming years, some countries that bans cryptocurrencies will finally give in to the clamor of their citizens to allow the use of the coins in their country, one fine example is China.

Title: Re: Bitcoin legal and illegal countries
Post by: Pffrt on July 30, 2019, 04:04:06 AM

In my local, bitcoin is illegal just because of one issue, at least all the responsible people say, "Bitcoin will ease the money laundering."
Our political leaders to Govt job holders, all are corrupted. Drugs are being dealt by political leader.
Then what's wrong with bitcoin?

Title: Re: Bitcoin legal and illegal countries
Post by: Fundamentals Of on July 30, 2019, 04:29:26 AM

Quote from: Pffrt on July 30, 2019, 04:04:06 AM

None! The problem with Bitcoin is that it disrupts the system. There will be many people, your politicians included, and businesses within the current rotten system that will be displaced with the adoption of Bitcoin. They wouldn't be happy with that.

Anyway, the figure is nice. At the very least, we have the developed and advanced countries on the side of Bitcoin's legalization. They are also much more huge in number as compared to those which are against Bitcoin's legalization.

Title: Re: Bitcoin legal and illegal countries
Post by: jakoylantern on July 30, 2019, 07:03:42 AM

For me, bitcoin will be legal and illegal to some countries because of the tradition, beliefs, economic state, security, and many more. Some country prohibited it because of the issue of bitcoin and its capability that can transact an operation that hard to encrypt who is the user behind on it. Also, some countries can’t catch-up to the technology, especially to the third world states. I hope too the country that doesn’t already ban bitcoin or other cryptocurrencies finish their work and accept bitcoin and another cryptocurrency. :)

Title: Re: Bitcoin legal and illegal countries
Post by: leea-1334 on July 30, 2019, 07:45:33 AM

Quote from: HELLOFF on July 29, 2019, 09:06:03 PM

But also at the same time there are positive statements from the US at least,,, and you can even read some Indian ministers like crypto and say there is no ban. Like you point out, the fact that you can get a license in US means at least there is some regulation going on and people cannot just simply open a scam exchange at will. That I like about regulation.

Title: Re: Bitcoin legal and illegal countries
Post by: ilovealtcoins on July 30, 2019, 01:09:57 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

This information is good for me when considering traveling without bringing much cash. I doubt the legitimacy in Vietnam because their state prohibits the use of bitcoin as a means of payment and exchange of goods. Iran is actively opening up for Crypto, I really like this.

Title: Re: Bitcoin legal and illegal countries
Post by: khimer_rangers on July 30, 2019, 05:57:57 PM

Quote from: ilovealtcoins on July 30, 2019, 01:09:57 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

not only in Vietnam but in Indonesia bitcoin is also prohibited as a means of payment and exchange of legitimate goods, but may be owned as assets and risks borne alone, so in Indonesia the status of bitcoin is neutral.

Title: Re: Bitcoin legal and illegal countries
Post by: Artemis3 on July 31, 2019, 03:08:01 AM

Quote from: ipsec on January 16, 2019, 05:55:50 PM

Oh yes, i live in one. Something about Lenin saying that destroying the currency and the economy also destroys the capitalists. The only result of this dogma is the masses impoverished even worse than before, since those with the means could flee or remain in positions of power after the "revolution"...

Ask yourself this question: What country in this world has its coin valued less than 1 satoshi? And incidentally, which coin has the highest inflation right now?

Yup, "government" wanting to destroy its economy exists, its right here come and see for yourself... (or better don't, you could get in serious trouble).

Title: Re: Bitcoin legal and illegal countries
Post by: Krislaw on July 31, 2019, 10:15:18 AM

Quote from: khimer_rangers on July 30, 2019, 05:57:57 PM

Bitcoin on Indonesia isn't netral potition, like The presiden of indonesia said : https://www.cnnindonesia.com/teknologi/20190316234831-185-377908/jokowi-minta-muda-mudi-indonesia-paham-soal-ai-hingga-bitcoin
so, we have to learning it and focus for developing it, maybe on the future it can be payment solution

Title: Re: Bitcoin legal and illegal countries
Post by: Kamog on July 31, 2019, 11:32:23 AM

Bitcoin hasn't been legalised here in Nigeria but it also isn't illegal our government hasn't said anything about the legalisation of bitcoin yet but i am sure bitcoin would soon be a widely accepted mode of payment across Nigerian stores.

Title: Re: Bitcoin legal and illegal countries
Post by: bryant.coleman on July 31, 2019, 02:46:25 PM

Countries such as Indonesia and Nigeria hasn't taken a hostile stance towards Bitcoin (unlike the case with China and India). They are likely to wait for sometime before finalizing the strategy. I am not very excited about the future prospects of Bitcoin in third world nations, because most of these governments are not going to be comfortable with a decentralized quasi-anonymous currency.

The stance taken by the US government is going to set a precedent. As of now, it is 100% legal to own and trade Bitcoins in the United States. However, the recent statements by Donald Trump indicates a possibility that the government may take a more hostile stance.

Title: Re: Bitcoin legal and illegal countries
Post by: Artemis3 on July 31, 2019, 03:33:37 PM

Quote from: bryant.coleman on July 31, 2019, 02:46:25 PM

Many countries in this list are in the same (neutral) position. technically not illegal, but still not embraced, or adopted. I can tell you the people from the central bank of one of the countries mentioned in the "legal" list don't like Bitcoin. That country is actually neutral, but they have an exchange "control" that you could technically violate using bitcoin (and several people do that). Unattended, this could lead to illegalization due to politicians being ignorant and fearful that their pretty "controls" are getting ruined (people out there that condemn the free market) by evil Bitcoin.

And my country isn't even listed which is even more hilarious, but lets ignore mine, satoshis are now worth more than our fiat anyway.

Title: Re: Bitcoin legal and illegal countries
Post by: ilovealtcoins on July 31, 2019, 03:41:25 PM

Quote from: khimer_rangers on July 30, 2019, 05:57:57 PM

Quote from: ilovealtcoins on July 30, 2019, 01:09:57 PM

Yes, that is a barrier but if Indonesia has a channel to convert OTC to national currencies, it will be a way to motivate people to own Bitcoin and other currencies. For other travelers it is extremely inconvenient because it takes them time to convert to another currency. Hopefully the future has a kind of wallet that could allow the conversion of Bitcoin and crypto types into national currencies.

Title: Re: Bitcoin legal and illegal countries
Post by: bryant.coleman on August 01, 2019, 03:24:40 AM

Quote from: Artemis3 on July 31, 2019, 03:33:37 PM

Quote from: bryant.coleman on July 31, 2019, 02:46:25 PM

Your post was very interesting and then I checked and found out that you are from Venezuela.

What you are saying is correct. The national currency has got so much devalued, that it is now worth less than Satoshi. I am not very familiar with the legal status of cryptocurrency in Venezuela. I don't think that they have banned it in anyway. However I heard that they wanted to create their own crypto, named "Petro". So similar to many other countries, the legal status can be defined as grey (undefined). They haven't jailed anyone for using Bitcoin yet. So be cool and continue to use Bitcoin.

Title: Re: Bitcoin legal and illegal countries
Post by: Periodik on August 01, 2019, 03:53:23 AM

Quote from: bryant.coleman on August 01, 2019, 03:24:40 AM

Quote from: Artemis3 on July 31, 2019, 03:33:37 PM

Quote from: bryant.coleman on July 31, 2019, 02:46:25 PM

I think Petro has already been used by Venezuela in more than a year. This was their response to a spiraling value of their Bolivar, which they highly think as a result of subtle interference by western countries, particularly the United States. Right now, with a very high inflation and Bolivar almost left valueless, the rise of Bitcoin is apparent. Venezuela should be listed together with countries where Bitcoin is considered legal.

Title: Re: Bitcoin legal and illegal countries
Post by: guydin on August 02, 2019, 08:14:14 PM

Venezuela airports use cryptocurrency already. To avoid sanctions, even the government uses Bitcoin. I do not even mention people, who hurry up to exchange their hyper-inflated money to BTC or dollars (here, everything depends on the preferences). Some ex-Soviet countries that reject crypto would have to accept it finally, as people really need it much.

Title: Re: Bitcoin legal and illegal countries
Post by: blockchainwriters on August 03, 2019, 06:38:37 AM

indian crypto traders and Indian policy makers are trying hard to made bitcoin and crypot currencies legal in india which may happen soon with new draft proposed to crypto friendly by some of the news makers

Title: Re: Bitcoin legal and illegal countries
Post by: CODE200 on September 29, 2019, 07:00:16 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

Until now there are countries who are still didn't want the cryptocurrency to pass in their places even though it can help their country to be more rich. I wonder if the reason is because of the people who uses bitcoin to buy unnecessary things and use it for gambling.

Title: Re: Bitcoin legal and illegal countries
Post by: Ris88 on September 29, 2019, 07:45:04 AM

Actually it is very difficult for every country to legalize bitcoin as a means of payment, and these countries do not want to destroy their currencies that they have long applied, but from most countries only use systems used by bitcoin, such as blockchain technology because there are so many countries that have used this technology, in accordance with the needs of consumers and technology that has been very advanced, maybe only some countries have legalized bitcoin as a medium of exchange or payment instrument ..

Title: Re: Bitcoin legal and illegal countries
Post by: Daniel91 on September 29, 2019, 02:14:27 PM

In Croatia we already have rules how to pay taxes on the profit from crypto trade, we can exchange crypto in the Croatian ost (stated owned company) can pay to some merchants with bitcoin etc.
So, even there is no specific law about bitcoin or crypto, it's fully legal to use bitcoin everywhere.

Title: Re: Bitcoin legal and illegal countries
Post by: Ailmand on September 29, 2019, 02:45:28 PM

Good thing that our country is not against crypto and even some merchants are accepting cryptocurrency as a mode of payment which is really convenient. Our government is just making the public cautious in investing money since there are other people who are attracting newbies thru ponzi scheme. I hopr more and more countries would start adopting crypto.

Title: Re: Bitcoin legal and illegal countries
Post by: rafajunior99 on September 29, 2019, 03:33:21 PM

In the past it was possible that only a few countries had legalized this digital currency, because in some countries it still had a very large polemic to legalize it, so for that reason Bitcoin was not widely used, but for now, in several countries that had legalize Bitcoin as a digital currency, like in the United States, Japan, Denmark, Russia, Korea, Finland, their countries have legalized it, and there are also some countries that still make illegal Bitcoin such as Algeria, Bangladesh, Bolivia, China, Ecuador, India , Vietnam, Nepal.

Title: Re: Bitcoin legal and illegal countries
Post by: Artemis3 on September 29, 2019, 06:26:47 PM

Quote from: Periodik on August 01, 2019, 03:53:23 AM

Quote from: bryant.coleman on August 01, 2019, 03:24:40 AM

Quote from: Artemis3 on July 31, 2019, 03:33:37 PM

Its regulated in theory, and you are supposed to use a State approved exchange (which nobody does). I suppose the idea is that these exchanges are taxed.

Petro is separate, completely government controlled. You can sell your crypto for Petros, and they do require KYC.

You say we use Petro but that is not true, almost no one uses crypto of any sort, very rarely you see a shop or two accept bitcoin, dash or ethereum, but that's like 1 in a million.

The reason for hyperinflation is the old fashioned State abuse and manipulation of the currency. "Printing like there is no tomorrow" basically, and blaming anybody else, especially the "Evil American Empire", because that's the preferred rhetoric here (and yes, they use those words literally, to refer to the USA).

Truth of the matter is they ran out of money to keep paying wages and such and resorted to this. Sounds idiotic? It is. It became apparent in 2014, everyone warned Maduro but he didn't care and did it anyway. Not unlike Mugabe, with identical results. Some people act like that after they taste power, and they think they can control human nature by force, including the market, which they believe shouldn't be free but State controlled.

In the middle of this someone sold them the idea to make a token as a means to catch money, as many countries were refusing to give any more loans due to Venezuela being unable to pay back with anything but oil, and that production has reduced to a third of what it used to be a couple of decades ago (again, serious mismanagement). They did in fact manage to catch some money, which was wasted and probably used to fill their pockets as usual, the country is worse than ever, and Petro did nothing. You cannot compare it with Bitcoin, which indeed some people use for survival.

Bitcoin is not illegal and never was, not even before the gov got involved, but like in Ukraine authorities here abused the lack of legislation to extort, kidnap and ransom miners. Things changed a bit in the last two years but also this year the electric grid collapsed due to dire lack of maintenance and mass quitting of underpaid workers (and its a "State Socialist company", go figure).

And yes, there are rumors some of the gov people actually mine themselves, they have shown "someone's" mining farm before on State TV. With most of the country having frequent (and in many places long) blackouts, brownouts, and several short interruptions, pretty much guaranteed to burn anything you plug without some sort of delay line conditioning protection.

Title: Re: Bitcoin legal and illegal countries
Post by: kayvie on September 30, 2019, 03:07:07 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

Bitcoin countries to get legitimacy:

Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .

Bitcoin Cancellation Countries:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...

Can you please share us the source of this, Our country is indeed in the list to get legitimacy but I still want to know the source.

Quote from: Ailmand on September 29, 2019, 02:45:28 PM

The same in our country, government is not against bitcoin, they focus more on major problems than spending money to stop bitcoin from circulating in our country. They just make a few announcement to aware the public from investment scam.

Title: Re: Bitcoin legal and illegal countries
Post by: ivakar on September 30, 2019, 03:12:31 AM

ok, I'm living in Kyrgyzstan, the country banned bitcoin..
so what? there is no change for me like before and after the ban. I can sell and buy bitcoins through the same channels as before..
so how was is said : the strictness of the laws is compensated by the non-binding nature of their execution ::)

Title: Re: Bitcoin legal and illegal countries
Post by: agentx44 on September 30, 2019, 03:21:21 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

Our country faced plenty of issues regarding crypto but it just lasted for a few months, the government before were trying to have a hold on bitcoin but now, after the sudden downfall of its price, they are back to ignoring the existence of crypto. I actually like it that way but I am worried that when bitcoin's price comes back up, the government would again start giving regulations on it.

Title: Re: Bitcoin legal and illegal countries
Post by: Cheesus on September 30, 2019, 03:29:29 AM

Bangladesh government decides to open the door for the Blockchain within next year. The PM already announced it. It seems in Bangladesh, Cryptocurrency will be regulated, but still, this is very good news. I believe soon or later, all countries will accept cryptocurrency and they will adopt with Blockchain technology.

Title: Re: Bitcoin legal and illegal countries
Post by: doomistake on September 30, 2019, 03:38:51 AM

Quote from: Ris88 on September 29, 2019, 07:45:04 AM

Actually it is very difficult for every country to legalize bitcoin as a means of payment, and these countries do not want to destroy their currencies that they have long applied

I hate this kind of thinking to be honest. The Government should be the one who is flexible or open minded when it comes to new things in the modern world, but what's happening for most of the Government is they are doubting bitcoin even though they don't know the whole story about it. First impressions are always wrong, so I'm always wondering when will be the time where all of the Government will have the same mindset like Japan and other countries who legalized bitcoin and implemented it to be use in every day living.

Government here in our country in narrowminded to ignore such gorgeous inventions like Bitcoin. It is sad, how government concluded already that cryptocurrency is not safe because of the majority saying it is just a scam, I pity their poor souls and small brains.

Title: Re: Bitcoin legal and illegal countries
Post by: Lmaooo on September 30, 2019, 02:45:10 PM

Quote from: bL4nkcode on February 05, 2018, 08:45:51 AM

You should add this two communist countries, that didn't accept and banned bitcoin which was reported last year. China and Vietnam.

Yes, Why not put China, Russia, Sweden, Thailand, Iceland, and India among the cancellation list?
Based on the information found on ccn.com (popularly known as CryptoCoinNews) these countries all banned the use of bitcoin openly.

CCN | https://www.ccn.com/top-10-countries-bitcoin-banned/

Title: Re: Bitcoin legal and illegal countries
Post by: mdzahed134 on September 30, 2019, 07:17:58 PM

Bitcoin is illegal in Bangladesh but in this month i see this article https://www.thedailystar.net/bytes/world-first-blockchain-smartphone-be-launched-in-bangladesh-1797703
Here i found Switzerland based Sirin Lab's will be launched world first blockchain smartphone in BD. Even in the running years Bangladesh National Budget, Government interested to work with Blockchain platform and good amount dollar already reserved for that. I think this is very positive thing.

Title: Re: Bitcoin legal and illegal countries
Post by: johnpaul94 on September 30, 2019, 07:41:51 PM

In my country Nigeria, there has been a massive upsurge in the knowledge and usage of crypto and this is as a result of platforms like this that promote and give a depth of understanding of crypto. People fear what they don't understand. The more the decimation of information, the lesser the fear of the unknown. I really believe it would soon be legalised in Nigeria because it is being embraced by a great number of the populace.

Title: Re: Bitcoin legal and illegal countries
Post by: UsernameBitcoin on September 30, 2019, 10:21:54 PM

they can try to illegally eyes Bitcoin, but they will never succeed. The technology doesn't allow for it to be blocked or banned. Anyone can download a crypto wallet on their phone, and start buying and selling Bitcoin. Yes it may be more difficult in some countries, but where there's a will there's a way.

Title: Re: Bitcoin legal and illegal countries
Post by: skyline247 on October 01, 2019, 02:43:21 AM

Quote from: johnpaul94 on September 30, 2019, 07:41:51 PM

Yes that's because most Nigerians these days are scammers. They can't resist scammer game, and they need that big point at their nefarious activities. It's all right, well, not really but the current politicians lack competence to stop it so it is what it is.

Title: Re: Bitcoin legal and illegal countries
Post by: voltesbit777 on October 01, 2019, 03:55:25 AM

Quote from: doomistake on September 30, 2019, 03:38:51 AM

Quote from: Ris88 on September 29, 2019, 07:45:04 AM

Actually it is very difficult for every country to legalize bitcoin as a means of payment, and these countries do not want to destroy their currencies that they have long applied

Today many more countries are not yet open-minded and ready to accept the bitcoin and cryptosystem, as they are still closed. Even if the country recognizes blockchain technology maybe the time will come when they will also realize that blockchain technology will be of great help to every government in the country. Thank goodness I even accept the country where I own Bitcoin and crypto.

Title: Re: Bitcoin legal and illegal countries
Post by: Reatim on October 01, 2019, 04:10:58 AM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

Any update about these countries status?i have a friends in some part of several countries mentioned and I am encouraging them to study and consider investing in cryptocurrency but the problem is the legitimacy of their places so updates from this is much appreciated

Quote from: johnpaul94 on September 30, 2019, 07:41:51 PM

There are some thread here in forum that talks about the Nigerian population for crypto investing is growing continuously,maybe that’s because of the government stands about this market

Title: Re: Bitcoin legal and illegal countries
Post by: joshv06 on October 01, 2019, 05:01:23 AM

Well this really sucks, digital currency is sure for the next generation the government need to come forward and take initial steps to make it legal, yes a lot of country are still not accepting crypto currency as a legal one but they should have some rules and regulations like do's and don't. If this works well and good people will cope according to the instruction.

Especially in some big populated countries like India where the crowd is in big numbers if they start accepting crypto the value coins will sky rocket again.

Title: Re: Bitcoin legal and illegal countries
Post by: UstadSoleh on October 01, 2019, 11:21:05 PM

By reading the data you provide that Bitcoin is indeed a trend. We know that this Bitcoin can give people a lot of work that is capable of generating great profits. Especially in today's digital era, many people would prefer it to work online. Bitcoin is an excellent choice in developing your business world.

Bitcoin will definitely add to the industry quality. Governments should be able to manage Bitcoin so that it will attract more investors. And hope that the whole world can develop Bitcoin.

Title: Re: Bitcoin legal and illegal countries
Post by: XCANA on October 02, 2019, 10:53:49 AM

Quote from: Jasad on October 01, 2019, 11:59:11 PM

When my country legal bitcoin? so far I am glad with my country still allowed bitcoin as investment or using for trading way but not legal become payment transaction only, by the way I want to travel to other country have legal bitcoin as Bolivia, Japan and other country.

For you to travel out of your country which doesn't called bitcoin illegal may just be a waste if resources, if you ask me.
My own country has not place bitcoin as illegal, so, I still go about my usual ways in doing transaction. Although the government here has not legalize bitcoin but still yet not illegal, I think there will be no need to find refuge else where in order to spend my starch of cryptocurrency.

Title: Re: Bitcoin legal and illegal countries
Post by: DoublerHunter on October 02, 2019, 03:06:45 PM

Quote from: Obito on October 02, 2019, 09:44:16 AM

It is just sad knowing a lot of countries banned bitcoin. Although it was indeed a great opportunity for the individual, and for country itself as well. Well, bitcoin is a big risk on the other but a big opportunity has a big risk as well, we should sacrifice in order to gain back. I just wondering what made them block this great opportunity besides from the risk of losing money, and as well the unwell purpose of use.

^ Probably they will realize soon how bitcoin useful in economic growth and also how useful the system behind on this bitcoin or in crypto in general. Probably it is because there are some countries who that don't trust bitcoin and other cryptocurrencies the reason why some countries don't allow or banning bitcoin it just because they believe that it is a threat to the government and also some people use it in their illegal transactions most especially in the dark web( which government afraid of).

Title: Re: Bitcoin legal and illegal countries
Post by: cutesgirl on October 02, 2019, 05:26:33 PM

Maybe you get wrong source information about legal country for bitcoin, all of your statement about legal country above is not true, so far only Japan, Philippines have make bitcoin become legal transaction and India have banned and blacklist bitcoin not only for selling but also as investment assets.

Title: Re: Bitcoin legal and illegal countries
Post by: Fredomago on October 03, 2019, 04:09:38 AM

Quote from: nreal on October 03, 2019, 04:02:04 AM

It is difficult to distinguish what is legal and illegal without clear regulations, for example in my country you can own bitcoin but using it to pay is illegal. The government will also not solve bitcoin dispute fraud issues because there are no regulations, and most people think it is a scam.

Which is a good point. There's countries who don't have a difinite stand regarding to this matter, you can use the coin without any restrictions but in terms of government regulations there's no statement that being provided if how the government treat this crypto currency.
There's always good and bad sides of this industry, you need to have your own understanding from how the government treated the system.

Title: Re: Bitcoin legal and illegal countries
Post by: aji567 on October 03, 2019, 11:01:11 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

from all countries that have legitimacy with a fairly rapid development are malta, indonesia, russia, singapore, vietnam, japan, and also english.

Title: Re: Bitcoin legal and illegal countries
Post by: rodel caling on October 03, 2019, 11:12:39 PM

Quote from: bitzizzix on October 03, 2019, 01:56:07 AM

In the country where I live including the State of law, bitcoin is in a legal or illegal position because everyone can still use bitcoin for investment, trading or other things, but I have not found bitcoin to be used as a sale or purchase transaction or other. transaction. payment and if I want to buy goods, I have to exchange bitcoin for real money to be able to use any payment or purchase.
so for me to be legal or illegal there is no problem, and as long as I can use bitcoin I will use it well and what I worry about is not being allowed to use bitcoin in total.

Definitely your right mate, even bitcoin is legal or illegal people can invest and have an right to have own bitcoin or crypto currency because digital,currency is anonymous ownership as decentralized currency use by new technology and because of the new technology bitcoin users increase day by day because of the he
P of the new technology system internet news and medias.

Title: Re: Bitcoin legal and illegal countries
Post by: barabarian1 on October 05, 2019, 08:08:44 AM

in my country, crypto legal but you can buy or sell wit crypto. so it just investation.
i dont know what if all country legalize bitcoin, i think it will be same like now, i mean every time life will be more advance, but can we make something new it happen? or its just be cryptocurrency? need same though and cooperation with other country to realize what we need

Title: Re: Bitcoin legal and illegal countries
Post by: Colt81 on October 05, 2019, 03:54:33 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

There are really a lot of countries who restricted bitcoin and other cryptocurrencies because they assume that it is all a fraud or a scam, that is why a lot of people don't beliebe that investing in bitcoin and cryptocurrency is not that profitable. But they are all wrong because investing in bitcoin and in crypto can help the economy of a country to be better like it can decrease unemployed people for them to provide their basic needs. A lot of country also legalized bitcoin because they saw that bitcoin and other cryptocurrencies is really helpful for every individuals.

Title: Re: Bitcoin legal and illegal countries
Post by: Lizzie_Girl on October 05, 2019, 07:54:54 PM

It doesn't matter if they make it "illegal" bitcoin was created in such a way that this situation was already planned for.
I am not so sure these countries it is illegal to use them in. I just think they really don't support bitcoin. Making a currency illegal is like so against human rights.

Title: Re: Bitcoin legal and illegal countries
Post by: 7788bitcoin on October 05, 2019, 09:46:54 PM

Quote from: dr_chen on October 05, 2019, 02:32:32 AM

I don't think of a country where cryptocurrency are legal. Countries live with taxes and can provide social services to citizens.

There are many countries where bitcoin is legal if you are not aware of it including Japan, Switzerland, The Netherlands, The United Kingdom, Germany, Singapore and the list goes on. Every country is sustaining because they are collecting taxes from their citizens and what is wrong in it, if any government is looting you then you can complaint about it.

Quote from: dr_chen on October 05, 2019, 02:32:32 AM

If they can get tax on bitcoin transfers, you are king in your country

I am not sure what do you mean here ::).

Title: Re: Bitcoin legal and illegal countries
Post by: octomob on October 05, 2019, 10:39:27 PM

Quote from: cryptobd86 on February 05, 2018, 07:32:48 AM

Russia is still legal and illegal, government still thinking about how to tax mining and cryptocurrency

Title: Re: Bitcoin legal and illegal countries
Post by: Darooghe on October 06, 2019, 06:49:51 PM

If 7 billions say bitcoin is MONEY and fair then 170 governments are not listening to the world. Fortunately, 10 years of existence is exactly why they can’t stop Bitcoin. By the time government started to care, it was already too late. There were many stories in 2017 about banks trying to do problems with it, I even know a few first hand stories about banks refusing to accept withdrawals. The fact that there isn’t an organization behind it and that Satoshi doesn’t exist is what make it hard for them to fight it. To stop bitcoin all governments on earth would have to agree to collaborate, and it never happened in human history.

Title: Re: Bitcoin legal and illegal countries
Post by: seanskie18 on October 06, 2019, 07:20:55 PM

The important is Bitcoin will be more popular if they accept it, even though it will be an legal or illegal in every countries. For now, Bitcoin is very popular and well known all over the world because many people truat it the most and if you have Bitcoins there's a lot of thing you can used, let's assure that sooner every country will legalize Bitcoin.