Bitcoin Forum

Define bitcoin as currency: Australia, Sweden.

It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.

Clearly identified as legal means of payment: France, Japan.

Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.

The first country to recognize the legal status of bitcoin: Germany.

The first country to block bitcoin: Thailand (now a changed attitude)

ICO's country: China, South Korea.

Countries with positive attitudes to ICO: Russia, France.


Japan: embracing reform, licensing, and overall regulation.

Japan, as an innovator in this reform, has been on the cutting edge.

There will be never a global regulation in regard to bitcoin or other crypto currencies. Declaring bitcoin transactions as illegal does not play much a role if you consider that it is basically an anonymous and decentralized system.

Only two countries aknowledged bitcoin as public currency confirms that it will take another thousand years until probably half of the countries in the world will aknowledge it as well. And that is good, because as long as it is not accepted as a public currency, you do not have to follow the laws that regulate and tax money.

Since you mentioned "global regulation" in the title, the following link provides more in-depth information (Legality of bitcoin by country or territory (https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory)).

---

It's worth adding it to the OP (as a link).

Yesterday one more good news listen through G20 summit as they clearly explained the Crypto regulation at the moment not possible and has no thread to world economical system. so hope BTC will now go up soon.

Hopefully this summit will bring positive trend in cryptoworld, we will see this thing after weeks. A lot of regulations, FUD news happening around the world and the price of the market are really hurting much, now its a good time for a news like this. Hope that many country will support this so we can see bitcoin on its higher level again.

Whatever the existing global arrangements must be inevitable, because the state has a comprehensive right to its relationship with its own people.

I thought btc was gonn touch the $6000 mark once again. While this isnt bad news, for me it isnt a complete win itself. The USA and china have not relaxed their regulations and they still prohibit ICOs.

That prohibition prevents a lot of investors from coming in directly.

For me, im still waiting to know the next news before i sell or buy,

Mans still hodling & watching

It has a potential, but I think it's not possible in this current time. The first issue is about the tax which is different local government demand for sure and think about this link...(https://99bitcoins.com/list-countries-banned-bitcoin/?gclid=Cj0KCQjwv73VBRCdARIsAOnG8u0TuXkYxzNNQsHwYSrs3FI-pOaDtYzjiaBmpAJICoBz9BxGNhAT_8MaAnUZEALw_wcB)
Russia – The Russian Prosecutor General’s Office says “Systems for anonymous payments and cyber currencies that have gained considerable circulation — including the most well-known, Bitcoin — are money substitutes and cannot be used by individuals or legal entities.”

I was also following the summit of the g-20 and I think that the news about crypto currencies are not yet confirmed officially, though unofficially may be there are some rumours that they are not likely to ban it or legislate it in the near future. This is a good news as well as a bad one as well because again the world powers have left the void on the bitcoin for the confusion to prevail. Another positive news is this that the price has shown real growth today and may be it will grow more soon.

Very good we should share news like this so it will encourage other people to invest their capital in bitcoin, I must suggest people to buy as we can see bitcoin is being regular now as Japan has amounted bitcoin as legal currency, they are making high demand with huge acceptance of bitcoin in their society, bitcoin has stated to move high now don’t leave your strength soon you will get good news about bitcoin that it has gone most expensive in this world, we are expecting bitcoin to be 100k this year.

and Argentina? what is the position?

Wow, it seems like the whole world are watching cryptocurrency now. A lot of good and bad news, regulations everywhere but in the end cryptocurrency will win and go higher for good. This is the future that we need, and I know many more big people will adopt this system.

Uncertain position yet. G20 meeting is happening at this moment in Argentina. One of the subjects to be discussed is Bitcoin, they are talking about what to do in relation to Crypto-Currency. A member of an argentinian Bitcoin NGO is there, suggesting a "smart regulation" towards Crypto market.
Better to wait the meeting finishes, so we can have updated news about it.

Having a global regulation for bitcoin will be good. I believe it would be helpful as a guide for everyone who are in bitcoin. Having a good and friendly regulation without any compromise to what bitcoin is all about will give a very good trustworthy bitcoin that reaches every country who would accept and invest in it.

But so far there is hard regulations related talk about bitcoin and blockchain technology. There is good symbol from them and they did not take any serious discussion about crypto currency this time.
I am damn you will not find any hard regulations about the bitcoins this complete meeting.

Hopefully we may find the positive news like Russia's acceptance about bitcoin usage, Australian government bill about bitcoin and etc.

That was yesterday's news. Today there was information that this afternoon the G-20 summit will still discuss the Crypto-currency and may decide to recognize it as an asset. What consequences of this can be, we learn in the coming days, if the information at all is correct.
As for the global regulation of the crypto currency, sooner or later this will happen. It is not worth hoping that the crypto currency can not be regulated.

from the information that you have write above, there is several country taht have not accept bitcoin. but people who use bitcoin expect global regulation of bitcoin so all bitcoin user can use bitcoin globally.

Joachim Wuermeling of Bundesbank believes there is very little chance of containing this digital global phenomenon with differing national rules across the globe. With international co-operation in regulating Bitcoin comes a chance for regulators to take control, says Wuermeling.

It is clear that Bitcoin and other cryptocurrencies will continue to exist in ways that many regulators disapprove of unless there is a united front on wresting the digital currency economy under global control.

I do not think it will ever happen to bitcoin global regulation, because there will always be an incoherence between the rules of each state .. because bitcoin and crypto are the greatest opportunities for getting clappers, and that's what causes each country to have different rules about regulation bitcoin

Actually he's not pertaining on that, what he is pointing out is the current point of view of different countries towards bitcoin as well as its legality and account.

yes sir, now bitcoin prices started to fall in the Indonesian marketplace all that must be a change

Exactly, every country have their own belief about cryptocurrency but I think its good to have a global regulations so we can be more confident that they regulate cryptocurrency for the sake of both investors and a company. More countries will support this technology and I do hope G20 summit is the way to make that happen.

ok dad secret thank you for explaining

Global regulation of the crypto currency will be unambiguous. Only for this purpose the states need time to determine the nature of the crypto currency. This was also said at the summit of the G20 countries, namely that the crypto currency must be well studied before considering all issues related to its further circulation. That is why they postponed consideration of this issue until July. I have no information that at this summit they said that the crypto currency can not be regulated. As far as I know, they can recognize crypto currency as a financial asset. And this means that they can regulate the crypto currency as any financial asset is regulated.

But it's happening, looking at the link.
You can see description of those countries that are starting to regulate bitcoin on their country.

In line with this we surely be in bear market until July when the G20 done talking about regulations and whatever the outcome of it we should anticipate that this year will be tough to cryptos. This is quite frustrating because surely investors will either be attracted or will stay away from it, I mean I don't wanna be pessimistic here but I hope the regulation will bring good fortune to all of us.

The criticism of people and a revolution for freedom against the banking system that is centralized will soon become the only reason for the political power in each country to regulate or think twice a better option for all. The safety of the investors and the human right of each one to choose what is best for them. Bitcoin will not be globally regulate if we do our share.

Governments are just trying to avoid showing their game they are not forbidding cryptocurrencies right now because they are not a threat but we know that in 5 to 10 years cryptocurrencies could become a threat, the question is what are they going to do at that moment? And in my opinion I think they're going to try some kind of ban of cryptocurrencies.

I don't think there will be global regulation of bitcoin or other cryptocurrencies.

Because some countries have declared bitcoin legal, there will always be disagreements between the rules of each country, and I think bitcoin will have a very good future.

but G20 said cryptocurrency not harmfull for the economical world, so it can to listing in comodities market, because cryptos circulation only 1%.
i think if cryptos development is good, the world can't blocking technology development

I do not even see any problem with regulation anyway since all it will do is to usher us into a new era, but if we are talking about the whole global regulating, then that is a whole lot to take in at once.

Most of the countries all over the world will have their own response to the way they see cryptocurrency and we may have to see some top ones regulating, but in general, only few will end up having problems with the idea, and we really do not care, and I am sure they will have a rethink as time goes on.

What about the Netherlands? I've read that in some cities there you can even purchase stuff with Bitcoin, aren't they considering any BTC-related specific economic activities?

Don't forget about Belarus. BTC is not only legalized there but also exempt from taxes. I think that OP's list needs a total makeover.


So you think that because there are disagreements between countries they will suddenly start working together on crypto regulations? :D Come on, you don't need a degree in history to know that things like that never happen. Just take a look at the current state of affairs between the EU and Russia.

Most countries are weighing their options now.In my own country,Ghana,the central bank recently gave notice of the fact that they wanted to come up with new regulations to capture cryptocurrency usage in the country as that hadn't been captured in the banking regulations.So gradually global mass adoption will be come a reality

Well it does not decide the future of bitcoin at all, if in Indonesia your bitcoin is gonna ban then in several countries bitcoin being legal currency so I think level is going equal. In Japan we have heard about bitcoin legalization which is quite true. For now there are a lot of bitcoin investors who are making it famous and soon we will see bitcoin globally legal and regular because bitcoin has become very famous worldwide, benefits of bitcoin is popular in the whole world so we can expect bitcoin to be regular globally just after the hard work of couple of years, maximum after 5 years bitcoin will spread worldwide as legal currency.

That is being optimistic. So far a lot of jurisdictions are very aggressive about banning bitcoins and cryptocurrencies. Problem is the governments are scared of what bitcoins are and because they know they cannot regulate it. So even if they put out regulations, such can be ignored by the public and they can just continue to use the currency without even caring for public laws.

By global regulation, I am assuming you are referring to where all the major countries stand. From that list, we can see that minorities are actually just limiting themselves from the future and they will surely have a change of heart pretty soon, most especially after the G20, and also with the way Japan has been going with hers, it is going to be a case study for others and how to go about theirs as well. So, let's wait and watch, but I know cryptocurrency is here to stay.

Yes, no regulation is going to shake the entire kingdom of cryptocurrencies. It will keep growing regardless of whatever stand any government will impose on cryptocurrencies.

After the G20 meeting decided not to stop bitcoin and cryptocurrency opened up a new era for this market. More and more countries are seriously studying this market and have an accurate view of what it means in life. I hope that in the near future you can use bitcoin and cryptocurrency all over the world.

I do agree with you that bitcoin is being use by a lot of countries and they are getting fast profit from bitcoin so it will make sense to say that soon we will see bitcoin as legal globally, even now every 2nd country is accepting bitcoin as payment so we are making our dream come true soon, now bitcoin demand is very high as it has very high potential to make us earn money and let us buy every kind of goods we want in our life.

Well, so far, some may be silent about it and do not have any problem with, few will end up regulating it, and then some who are having problems with it will end up coming around. At least, that is how I see it.

The most important thing however in all this, is that, there is nothing any country can do to stop the idea that cryptocurrency has brought and so far, the global regulation the Op is referring to is stating where most of the important countries stand in this equation.

The fact that they are not forbidding cryptocurrencies right now and that they even said they were not a threat it's true but that doesn't mean that is not going to change, what it is going to happen when bitcoin is used by hundreds of millions of people? At that point it will be a significant part of the economy and by then they will consider it a threat and they will take steps to try to block adoption.

Thank you for brining this to the screen dude. I would merit you if i have. Expect more countries to adapt and legalize bitcoin in their respected countries to develop their nations and their citizens. Those who consider crypto as illegal, can review back on the benefits and look at it back to accept. I wish to have crypto currencies transactions legalized.

It all depends on the exact type of usage, and how that translates into negative consequences for their own economy. I am quite certain that as long as people treat Bitcoin as an investment tool, or as store of value, governments won't have to do anything and can just happily look forward. Things will only form a problem when people are actually using Bitcoin to pay for things, get their salary paid out in Bitcoin, merchants and brick and mortar stores accept Bitcoin directly without having it converted to fiat by third party payment processors, etc. As long as fiat remains the primary means of exchange, the main currency, governments will just allow Bitcoin to grow further. I don't think it's coincidence that in the last years the traditional payment infrastructure has been improved significantly, where I also believe that it's just a matter of a few years before people will be able to transact from bank to bank instantly, where you now still depend on working hours/days. Bitcoin made them hurry up with implementing these changes enhancing people's overall experience.

Every country have their own regulation when it regards to cryptocurrency as to exhange, payment, etc. There's nothing we can do about that even if we knew that we can get a lot of benefit from it. I think they are just protecting their citizens from investing on fraud ICOs that may lead to financial risk.

Honestly, It is difficult to achieve a global regulation of Bitcoin especially in this period, because many governments have rejected  the digital currencies in general. And they always want to destroy Bitcoin through many attempts (like, china and  Facebook ,Google bannig crypto ads ..) , but fortunately, they always fail to achieve their bad goals because Bitcoin is very secure and  their number of users in the increase and the fact that this  crytocurrency is to global audience. So they cannot stop him.

As a matter of fact, I exepct that a global regulation will be  achieved after few years ( maybe between 2 and 5 years ), and it is certain that bitcoin will be a single currency in the world.

This part of your post contradicts the whole of your idea. Alright... Looking at this last idea of expecting global regulation , how do you think it will go? This is a lacuna that you didn't explain.

Bitcoin is a decentralized digital currency, giving everyone freedom to acquire and use. I don't think users can be caged on it, restrictions would hardly be achieved except internet services are shutdown in certain countries.

Very good

The provision of global regulations for bitcoin and the cryptocurrency market is very reasonable, which guarantees the safety and long-term development of the entire cryptocurrency market. After the G20, many countries have accepted bitcoin and do not prohibit crypto trading, which is a big turning point for the whole market. In the near future bitcoin will be the common currency of the world, I think the time is 10 to 20 years.

It should happen to have a unique rich platform. The countries shoud start adapting bitcoin and other crypto currencies. It should be reqularised and everyone should be familiear with bitcoins around the world. Everyday we hear a news on countries being adapting bitcoin and blockchain. This is the support received from governments. This helps bring more investors into crypto market investing into coins.

I do think so that this thing will happen but this will definitely take lot of time for this world to understand the real picture of the bitcoin and other crypto currency. Most of the people still think of it as a scam and that they are not accepting it and are not even interested in investing of their money into it. With time, they will realize the worth of the crypto currencies and will surely stand for crypto currencies.

       STATE OF GLOBAL CRYPTOCURRENCY REGULATION (JANUARY 2018)
Regulation of cryptocurrencies is in flux and may change in the following months. In the meantime, it may be useful to understand where various governments stand on the regulation of cryptocurrencies. This piece covers regulations and statements from the United States (SEC, CFTC, IRS), China, South Korea, Japan, and the European Union. Each represents a meaningful chunk of global participation in cryptocurrencies, and a regulatory change in one or more of these regions could move the market. This piece offers a broad overview and provides links where possible for further reading and analysis.
 ***United States
Securities and Exchange Commission (SEC): As stated by the SEC, “The mission of the U.S. Securities and Exchange Commission is to protect investors, maintain fair, orderly, and efficient markets, and facilitate capital formation.” The SEC was created by Congress in 1934 as the first federal regulator of securities markets following the stock market crash of 1929, when it became clear that many companies had provided false or misleading information about their performance and future prospects to investors. Since then, the SEC’s main functions have been verifying statements from corporations and ensuring that securities institutions (like brokers, dealers, and exchanges) treat investors fairly and honestly.
The SEC has not approved any exchange-traded products (such as ETFs) holding cryptocurrencies or other assets related to cryptocurrencies for listing or trading. SEC has not registered any initial coin offerings to date.
For more information regarding the SEC’s view on cryptocurrencies, refer to this statement from December 11, 2017.
Commodities Futures Trading Commission (CFTC): As stated by the CFTC, “The mission of the Commodity Futures Trading Commission (CFTC) is to foster open, transparent, competitive, and financially sound markets. By working to avoid systemic risk, the Commission aims to protect market users and their funds, consumers, and the public from fraud, manipulation, and abusive practices related to derivatives and other products.”
The CFTC has designated bitcoin as a commodity and announced that fraud and manipulation involving bitcoin traded in interstate commerce and the regulation of commodity futures tied directly to bitcoin are under its authority.
On January 19, 2018, it was announced that the CFTC filed charges against two cryptocurrency fraud cases. There are many Ponzi scheme attempts taking place and this form of regulation is readily welcomed.
For more comprehensive coverage regarding the CFTC’s take on cryptocurrencies, use this primer from October 17, 2017.
Internal Revenue Service (IRS): The IRS has ruled that bitcoin and other cryptocurrencies are viewed as property, and not currency, for tax purposes. Although some exchanges may properly issue a Form 1099, individuals remain responsible for keeping account of gains and paying taxes on them. Transactions in cryptocurrencies generate either short-term or long-term capital gains or losses and must be filed as such.
***China
China has taken a series of steps to curb cryptocurrency activity. First, it banned initial coin offerings (ICOs) on September 4th, 2017, the equivalent of initial public offerings for new virtual currencies. China has also issued statements to local exchanges to stop trading in cryptocurrencies and outlined proposals to discourage Bitcoin mining. These moves may reshape the industry surrounding Bitcoin mining and drive up costs. Miners initially flocked to China because of its inexpensive power, local chipmaking factories, and cheap labor, but they may now have to relocate. Officials intend to block access to online platforms and mobile apps that offer exchange-like services for cryptocurrencies. Limiting cryptocurrency activity is a joint effort between the central bank, the cyberspace administration, and China’s Ministry of Industry and Information Technology. Bitcoin and altcoins can still be traded, but only in over-the-counter markets. Exchanges have relocated to Hong Kong to operate.
China is not against cryptocurrency as a technology, however. The People’s Bank of China has run trials of its own cryptocurrency, taking a step closer to being the first major central bank to issue digital money. China would rather take full control of digital transactions than let Bitcoin and altcoins flourish.
Financial institutions and third-party payment providers are banned from accepting, using, or selling virtual currencies. Although its use remains legal, the People’ s Bank of China has required exchanges to register with the appropriate regulatory authorities and has suggested it will closely watch the markets. The People’s Bank of China has allegedly warned banks from working with virtual currency-related businesses.
***South Korea
On January 11th, 2017, the South Korean Ministry of Justice reportedly confirmed a plan to shut down all cryptocurrency exchanges. However, a statement was soon issued by South Korea’s Presidential Office that such a policy has not been finalized. The unclear situation has brought backlash from local residents and politicians, especially as reports surface that government officials have made significant money in cryptocurrency positions as prices move in response to government statements on regulation.
The government may reach a final statement on cryptocurrency regulation on January 25th, 2018. South Korea’s chief of the Financial Services Commission said: “(The government) is considering both shutting down all local virtual currency exchanges or just the ones who have been violating the law.” Separately, Bank of Korea Governor Lee Ju-yeol told a news conference that “cryptocurrency is not a legal currency and is not being used as such as of now.”
***Japan
On April 1, 2017, Japan’s Financial Services Agency enacted a new law authorizing the use of digital currency as a method of payment. The Virtual Currency Act described and identified what a virtual currency is, clarified that bitcoin is considered an asset, and that bitcoin can be considered a payment method. The act, however, did not declare bitcoin as a legal currency. The law follows months of debate which ultimately brought Bitcoin exchanges under anti-money laundering/know-your-customer (KYC) rules, and resulted in the categorization of Bitcoin as a kind of prepaid payment instrument. On Sept. 29, 2017, the Financial Services Agency (FSA) of Japan granted its first licenses for digital currency exchanges to 11 companies.
Of all the regions profiled, Japan seems to be the most progressive regarding cryptocurrency regulation and has sought to work with exchanges to regulate them instead of considering shutting them down entirely. Bitcoin has been an official legal payment option since April 2017 and 4,500+ stores in the country accept it.
***European Union
The European Banking Authority issued warnings to the public about the risks associated with virtual currencies, and recently indicated it will apply anti-money laundering and anti-terrorist financing rules to virtual currencies.
Overall, little has been said beyond a desire to prevent money laundering and financing terrorist groups, though numerous statements have been issued that various government groups are evaluating the future potential of cryptocurrencies. The prevailing sentiment is that tougher regulations for cryptocurrencies will be coming in the near future.
***The Future
Stay tuned. It is nearly the consensus that 2018 will be the year that significant additional regulation comes to cryptocurrencies, and where and how this takes place may significantly move prices. Over the long run, removing Ponzi schemes and related scams is probably good for the health of the market, but if it means locking out exchanges in China and South Korea, then prices may be headed lower for the near future.

Despite the fact how each of them looks to bitcoin, there is 50/50 chance of global regulations on it and it will only happen if it can be become dangerous for global as an active payment way for dark things.
But I think it won't happen and because of economical eyesights, there won't be one global idea around it.

Exactly it is good ideal because this way bitcoin will get more value and price of bitcoin will be directly affected with globally regulated currency, now there are a lot of counties’ which are making bitcoin regular currency just like Japan and china and same as south Korea so bitcoin is getting regular day by day in multi countries, investing in bitcoin makes it famous and fame makes bitcoin legal, gradually so now I am very hopeful about my country as my country will contribute in bitcoin making bitcoin regular currency in future.

Are you sure of the number two you said? I mean the one of identifying Bitcoin as a legal means of payment. You can say Japan did, but as for France I don’t know for sure, though I’m not really current. But I once read a news article that says the Governor of the Bank of France said Bitcoin is not to be accepted cause it is nothing, and it’s not a currency. And I don’t know why you didn’t mention the United States in this, well, just saying, cause I also heard that they are part of it. But whatever…

Definitely, those who have seen Bitcoin potential and the market around them will accept it but as what each government shown, they have their ways on how to look at this opportunities.  Some thought that this Bitcoin will be exploited by scam company so their first move is to block it until they have a better way of understanding and regulating it to at least keep their citizen away from these scam companies.  I believe it is just a matter of time before all this cryptosphere is being regulated by the government, each country having their own set of rules.

If crypto-currencies are banned in some country, who prevents to go to another and make operations there? Now, while the legislation has not been fully developed, you can get a good profit, it will be more difficult in the near future.

I think they are doing well if they are securing their citizens’ future. Right now, definitely there are so many ICOs who are fake. People don’t know properly about some ICO and then start investing in it. While that one is making fraud against their money and then the person becomes loser without doing anything. So if governments are playing safe game that is better.

As in, it is definitely impossible to impose a global 'one for all' set of regulations on Bitcoin or cryptocurrencies in general. While each country preps up to take its own stance against this, there is literally no sign of a united decision anywhere. Ultimately, it is left to hands of the concerned governments to do what they think is necessary for the country rather than entertaining something which could hinder the economy.

Nice link reference https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

I think many member here still far away to deep knowledge about Legality. Since the presence of Bitcoin, there were some countries easy welcoming on it. while others are still apathetic to change. The process is something that needs to be thru for Bitcoin can more globally accepted, see now how Thailand has changed their attitude to see this.

Bitcoin global regulation is the best thing to do and that if we managed to do so, then there will be likely chances of bitcoin to become the global currency as well because doing so will result in making lot more people aware of bitcoin and that they will then be investing their money into bitcoin as well. This will no doubt take lot of time and that lot of efforts are needed to be done as well to make things happen this way.

The outcome of the next G20 summit on July will determine the future of regulation for cryptocurrencies. If the member countries agrees on creating a global regulation for cryptocurrencies then other countries that banned virtual currencies and coin exchanges might follow later. Instead of having many different regulations, it will be unified under single internationa regulation.

80% ICO Scam, so in many countries they are forbidden to conduct them, because one of the tasks of the state is to protect their citizens from scoundrels.
As for the prohibition of crypto currency in general, I think that the ban itself should be perceived as a pause on the part of the state to develop an action plan.
Sorry for my english.

It will depend on the amount of regulation that is enforced, over regulating the crypto market would be a really bad idea, since it will drive a lot of people away.

Bitcoin is no doubt very much capable of becoming the global currency and that if it happens, then this will entirely change the economic system as well as the dynamics of this world. However, this global regulation of the bitcoin is not that much easy thing as it seems to be. It will surely take lot of time and efforts and for that, you need to create a positive image of the bitcoin amongst others.

Being capable of something is meaningless when the far majority of the people don't appreciate Bitcoin in that specific way. Global currency means a lot per definition, where the main thing is that Bitcoin has to be used by the mass as such, and as long as that isn't the case, governments will just sit back and let Bitcoin grow further, and I think we should be happy with that development.

If Bitcoin went ahead and became that superior peer to peer currency that people here want it to become, governments would have done everything they could to legally put a stop to it years ago already. The only reason governments allow Bitcoin to grow is because they don't consider it to be a direct threat to their financial system. Of course, there are always rotten countries who see everything as potential threat, and thus went ahead and prohibited the use and sale of crypto in their country, but these countries don't contribute anyway, so they won't be missed. That's why I always like to use the term or saying; be careful what you wish for. Once a solid regulatory framework has been set up to serve crypto, Bitcoin can still pop up as that currency, but for now it's better to keep things as they are.

Obviously these countries gives definition of what is bitcoin for them. But to be recognized bitcoin as a part of global currency it will take a lot of time and effort, there are still countries who doesn't know about bitcoin and how it works. In line with that, we don't still need to worry because it is still a decentralized currency that no one can control it, it's just the government of each countries needs to utilize and understand what is bitcoin is all about, for us to develop and enhancing more the existence of it.

In fact, for ICOs sake and not to get the whole space polluted, it is something that is highly needed. As much as some may have a dislike for it, it is already apparent that for the sake of the future of cryptocurrency and to even move ahead and get going with growth, development and adoption, regulation is definitely a must but this will have to do with how each country stand to do their thing.

Regulation would make nothing difficult. Apparently, each country may have their own form of regulations which probably would affect exchanges, but in the long run, this is something that we all know would not be a big issue since they will be benefiting from it as well. Also, we cannot see anything like a single global regulation, like I said; it will be limited to each and every country.

It is just the beginning and that it will surely take lot of time for things to settle down at time when you talk about anything related to that of the crypto currency or the crypto market. You need to wait and watch till the time things settle down in a proper way. You just need to do the right thing at the right time and that you need to play your part in helping this regulation of the bitcoin.

Every country will always do. Some will regulate, some will not but will also not bother about it, while some may not regulate, you will still be subject to capital gain tax and some will actually still stay adamant about it. I feel however that most countries will come around and in their own way, accept bitcoin and cryptocurrency for what they are rather than attacking it.

After some point of time, governments may start realizing the fact of no big differences they can find due to regulations of crypto currencies. Because regulations may give negative impact in short term but in long term it will help more people to adopt cryptos. Then people will start exchanging within themselves to avoid governments interventions.

With the way the trend is going it will takes a long time for the their to be a general consensus by the countries of the world to accept bitcoin as a legal means of payment and have a common regulation policy that will direct the affairs of bitcoin and other cryptocurrency. I believe it can happen and when it does bitcoin and other cryptocurrency as we known it would have truly revolutionize the world.

Then I suppose that the only thing that we can do is to wait and see, I really think that in order for bitcoin to get that kind of adoption it needs to be used as a currency, if you think about it there are not many people that have savings or investments, many people are living paycheck to paycheck and if bitcoin is only an investment tool then we will never reach that amount of people using the bitcoin network.

I've heard about this bitcoin global regulation some time ago, after the G20. this is a bright spot for bitcoin, since so far there has been a lot of negative news about cryptocurrency such as facebook and google banned cryptocurrency ads that have a bad impact on bitcoin prices. hopefully this global rule will be positive news and many countries support so bitcoin is much higher level.

I do not know is this alone a promotion medium for the crypto users. Here millions of users in this forum and since we all here anonymously we may not who is the investors here and then who is normal person. Hope there is no negative true news has been happening in the market.
If any government added little regulations for the betterment and safety for the citizens.
Every media and other shits sharing the fake news with the overwhelming answers.

Media has take big influence about crypto market fluctuation condition. I don't think it will be enough to discuss about Bitcoin in G20 forum only as global regulation need to consider many aspect of economy and population capital. Since Bitcoin has become main stream many people from third world county has entered the market.

You have a point which not only G20 should be considered to affect the entire market but somehow this thing is one of the factors which will contribute positivity towards cryptocurrency. It might not be too big but would really influence future views into some countries.Its really obvious that each country would really have their own jurisdiction when it comes to crypto specially on bitcoin itself.

Different regulations in each of these countries actually generate a polemic. However, making global regulation seems to be the only solution to solve this cryptocurrency problem. The G20 plan will also make the virtual currency the main focus of the upcoming conference.

I wonder how countries can regulate something that is entirely anonymous and a decentralized system. I think they can put a fee when your converting your crypto currency to fiat. But that's basically it they can't trace someone when he/she sends large amount of money to someone. So putting regulations can be rubbish.

At this very moment, when the overall market of the crypto currencies and bitcoin specially is very much low and that most of the investors have already done panic selling, this global regulation of the bitcoin is very much necessary thing as this will surely help the bitcoin market to be little better and that this will also help in gaining the confidence of the ones who have invested their money into it.

All human activities must be regulated, but in this case we forget that the rules are already there: those defined by the software.
Putting external rules will only create confusion.

Highly impossible. Most countries today are independent, and stand based on their own policies and regulation and even though we have some international monetary policies, having a global regulation on cryptocurrency is something that would not work most especially since it is highly decentralized. As long as each country is convenient with the idea, they will just come up with regulation policies unless they only want to borrow a cue from others.

Yeah, and if we take a look at most of the countries who really do not see it as a threat, they are still doing pretty fine and adoption is increasing here. Sure, we may get to see some huge global level of regulation, but coming as one body to regulate is not going to be possible. However, I believe with the way things are going, every country will start seeing how they can regulate and possibly benefit from the whole idea.

Yes putting more regulation on something will create a bad bad thought in that but it is not a big thing in bitcoin or crypto currencies so will create a regulation is right but putting more thing is not so good .

How can a global regulation even occur when we have each country for itself ? I believe every single country will just have to come up with her own regulation on the way forward rather than having to stick with one single regulation which I absolutely feel would work more for the cryptocurrency space.

Plus, having one single regulation may not even work well for some and may be in favor of other countries implementing it, and since we have a lot of independent countries and a decentralized space, it cannot work that way.

Regulation is only going to usher in bigger players who will feel a little bit secured but that would still not change the advantage some of these bigger players will have in the market. Also, there will be some restrictions on exchanges anyway, so we can just expect that things may get better with regulation and moving forward as well. The confidence for investors is one thing that I am sure will get boosted anyway and we may see the era of being ushered into the mainstream.

External rules are just there to curtail some certain things and it is not like the main protocol of anything will be changed. I believe regulation will always be on the country level and for some of the companies operational in those countries, and that would bring some level of sanity to the whole cryptocurrency environment considering how things will be done and some level of illegal activities will be curbed such as scam most especially.

All of them can say that bitcoin transactions are illegal because they have no research at all. They are only saying that because the transactions of bitcoins are anonymous process which means untraceable and they doesn't want that.

Japan, in fact will always be. I wonder how regulated it is right or should I ask, "how established cryptos are now at Japan?" Japan is really that country that always have been running in this technological advancements globally. Not just for the entertainment, but also for finance system which millenials wouldn't be so proud on promoting it mostly. It is quite sad that not all countries can't catch up to Japan at least few inches away. Worse is bans happen in cryptos which isn't really that fatal to crypto and it might be reverted back to legal state, but it is slowing down adoption. That's the point.

Bitcoin regulation among governments and countries are having a bit of delays and circumstances,
some take less time and others are still uncertain about it. Now a global regulation on bitcoins sounds
a bit over the top, it's unlikely to happen. Each country is free to decide, if one opposes then how can
such a feat be achieved. It's a totalitarian kind of rule, heavily monopolized for sure since the only
way for it to be globally regulated is for a single governing rule. That kind of thing creates problems
after problems, there's no such things as global regulation for bitcoins its the same thing as global
centralization of currencies. It's a conflict of interest.   

Well everyone want bitcoin no matter what the condition of bitcoin is over there but the only thing they love the most is bitcoin itself, for me as well bitcoin is good choice and it will always be the best choice, bitcoin has anonymous currency but even then people invest and like bitcoin in my county there are 50% chances to hear the good news about bitcoin regulation, same as Japan and Korean government. I heartily want bitcoin to be regular same as the global acceptance and the popularity.

Countries are not regulating the coins or the decentralized system as it is, they are regulating the centralized system such as exchanges and ICOs as well as some other activities that pertains to it. There will definitely be set out rules for the citizens of any of these countries with respect to participating in anything as well as for the exchanges that will run as well as their users, and the ICOs as well but that does not change the decentralized environment itself.

Bitcoin regulation is literally impossible even for country level hence the concern of OP about global regulation is definitely impossible for ever. They may regulate bitcoin ATMs/bitcoin debit card providers  and crupto exchanges but definitely not the users or system of crypto-currencies.

Bitcoin global regulation has a lot of conflict of interest between the governments of each country around the world. That's why those countries that you've mentioned some of them are open to legalize it and some of them are not, they already blocked the bitcoin in their country. Obviously, it is all about the economic and financial growth of a certain country, there are advantages and disadvantages that may affect when they implement bitcoin.

Watching this currency, I can confidently say that it has many enemies like banks and a sufficient number of alternative currencies like Ripple is where the currency is more than bitcoin and it has many disadvantages, such as speed and a large price, and this will continue to grow, banks will play it by raising the price of the issue,
I do not believe that such a powerful organization can not defeat the bitcoin

Yes that is right that currently bitcoin is facing a lot of issues, but hope that bitcoin will become succeeded and will surely overcome all these challenges, bitcoin is the currency of the new era and it will exist for a long long time and no such power can disappear bitcoin, In fact the use of bitcoin is currently increasing from time to time more people are getting knowledge about bitcoin which is making it more stronger.

bitcoin is not tied to any party, nobody can control the bitcoin currency because it is global, so how does global regulation work?

For the government, the issuance of legal tender allows the government to complete its control of the financial world and to make a big profit from it.

Although the government can control the legal tender, they usually cannot control the cryptocurrency. Naturally, the government will introduce various policies to regulate it.

They cannot control the cryptocurrency. Encrypted money is safer, cheaper and more private, and once the average person on the street is aware of it, it is less likely to stop the rise of cryptocurrencies.

There is no global rules that every country in this earth is the same!
Countries can't go peaceful with each and every country.
This is an issue years and decades ago. then a global regulation with bitcoin? how can they do that with out peace talks?

It is very simple, it is possible that we are going to see a global regulation if countries around the world believe that they are threatened by bitcoin, right now I do not think they feel that way but I'm sure that is going to change in the future probably in the next decade when an important percentage of the population of the world use bitcoin as their main currency.

For now, things are not that much good especially when it comes to that of the regulation of the bitcoin as the awareness rate of the bitcoin in the entire world is not that much and that it will take lot of time for things to be in favor of the bitcoin.

Global regulation of bitcoin will favor bitcoin the most and that it will help the bitcoin in gaining better reputation and above all, it will result in increase in the market value of the bitcoin.

The country of Philippines should be included to the list but the problem is our government does not adapt the idea of crypto because of the scammers who continue to fool people and the great deal there is scammers in Philippines like to scam teachers, and some professional. Their words are really deceiving. But still hoping someday that Philippines will be listed as one who has a great !market deal when it comes to crypto currency.

       Bitcoin global regulation,it seems hard to implement because every country has a different way  and motives why they want to implement  such regulations. Another reason is the decentralization of bitcoin. Government has no full control in bitcoin or cryptocurrency and other countries still not adopt the crypto world.

This is a decent summary showing to us that the opinions of different countries around the world are not unified when it comes to bitcoin and cryptocurrencies each one is taking decisions based on what they think it is best for them, Japan is probably the one that gets my attention the most, they are doing everything they can to promote the use of cryptocurrencies it seems they understand very clearly that bitcoin is going to be big in the future and they want to obtain the most benefits.

The truth need be told, global regulation of Bitcoin is not practicable because of the decentralized nature of Bitcoin and based on the fact that most governments would prefer to tailor their regulatory stances to reflect their countries  perspective, Moreover the infrastructure that would call for is neither here no their because of inequalities across the globe

Hopeful this positive trend will be introduced to the bitcoin soon, we will see the regulation of bitcoin in future but a bit time will be taken, slowly gradually bitcoin will become famous d it will be legal. As you said increasing population in the world is increasing the number of investors and the number of bitcoin holders, bitcoin is being regulated everywhere now so we will see the future bitcoin at the top and this will increase the price of bitcoin higher more and more.

I also admit that there are no rules for bitcoin regulation in the world. Bitcoin is decentralized and everyone is free to buy, sell or use his bitcoin as he wants. Regulations are even not possible in a single community how it is possible globally. I am not in favor of regulation because I want to use my bitcoin according to my well, needs and desires. I need no regulations.

You are right it takes time to happen because nothing happens within days, we should see the market getting high so price will increase with time,  regulation of bitcoin will take part in bitcoin price to be high, if bitcoin will be famous in future it will get high in price,  regulation is a thing which contributes to the income to increase more and more, we should not take the price falling serious and we should not lose our hope soon bitcoin will get legal and we will earn higher than this, Japan and Korea has taken it start to say bitcoin as legal currency for their country and I hope my country will be the next and so on.

Bitcoin is still regular in south Korean areas and in Japan as well there are some rules about bitcoin as they have decided recently to make it legal currency and they are acting upon it seriously, for me as well bitcoin has all the feature so be regular and it will be legal soon, there is no doubt that bitcoin is free and it  gives you freedom to use you can use bitcoin anytime and anywhere in the world, there are 90% of countries who are aware of bitcoin, gradually it will get regular globally too as high level companies are showing interest in blockchain technology so bitcoin regulating is certain.

the world has been very familiar with bitcoin transactions and digital currencies. I really like this. very rapid growth in the last two years. and that is very helpful with the growing number of investors who adopt bitcoin. and the bitcoin price drop. expectations always grow when all investors begin to adopt in large numbers

Right now, this concept of the bitcoin global regulation is not that much popular and that not so many governments are taking any positive steps to promote this and that they are little hesitant in taking this step. However, we can really hope much better things soon and that coming days will no doubt prove out to be much better and more favorable for the crypto currencies as well as the ones who are related to them.

Yes bitcoin is global regulation. Bitcoin is the most trusted currency in the whole world in this reason many online site and online bank also use bitcoin for there payment system. Day by day it is going to be more and more powerful in all over the world.Day by day more and more people are involve in bitcoin. Many people invest and hold bitcoin now. It is the world wide currency. Every people in the world knew about bitcoin now. It is going to be number 1 currency in the whole world i think bitcoin is not only trusted currency it is a very safe currency also.....😊😊😊😊😊

Regulating the bitcoin globally will help more people to use bitcoin without any fear but how it will become possible because different countries have different think about bitcoin so all the countries don't take similar discussions.But we don't need regulations now and it is only for the countries welfare it does nothing for investors.

A few have banned outright but with most countries its a grey area since it doesn't have solid regulation about its legality.

Regulation of the bitcoin and that too in the entire world is something which can help bitcoin in much better way and that it will surely help bitcoin in having some good name in the international market as well as having some more demand in the market which will then result in the increase in the market value of the bitcoin. This will take time but we can expect such kind of thing in near future.

World economic forum called for a global regulation to keep a check on bitcoin. LOL they havent been a able to reach a consensus on Global Warming yet imagine BTC. Governments are afraid as they will lose their control over the society. Once an average person start using cryptocurrency which is faster, more secure and chearper than Fiat, that wil be all ,,,,an end of government control and maybe taxes.

We need to follow some good regulation it is must important for all things but most of us don’t obey that but it will be not good for them so I think it will be we do some good things it will be give something to us.

Which better ways could those be? You must not feign ignorance of the fact that regulation is an afterthought, most governments would have stayed put with banning of Bitcoin, only reality dawned on them that Bitcoin cannot be banned in principle.

Good names, I seriously doubt, because the name calling was actually part and parcel of the game plans to take the shine off Bitcoin! You'll find that in the event that regulation becomes too pronounced, instead of attracting far more uses, we're likely to record short falls, because a good number of users would deflect to use of coins with better anonymity.

That's absolutely true, I don't think that regulating bitcoin globally will be done, as there is a lot of countries around the world and all of them haven't the same idea/discussions about and cryptocurrencies in general, Maybe it will be regulated in some countries with differents ways. I really think if bitcoin will be free like that without any regulation, bitcoin will be more powerful, because it is too strong, but when it will be regulated, some rules will affect bitcoin.

By stability I want to assume you are referring to well established. Actually this is something we will get to see with bitcoin being regulated in most places, Still we cannot have one single global regulation as each country will definitely come up with their own form of regulation and how they wish to go about it and some others will just be silent on it as it is already. Whichever way though, regulation by some of those in the top developed countries will bring trust and maturity into the system.

First, bitcoin is not being regulated everywhere as you have said. I believe there are so many countries that are actually not officially regulating it yet while just few are. Comparing the number of those who have just been silent on the whole thing, I believe they are more than those who are even condemning it. The thing with regulation for sure is that it would bring in new level of growth as we get to see more potential investors coming in.

In my opinion, in the future - maybe the government has a strong impact on the crypto and bitcoin market with certain uncertainties about volatility or value. However, there are no rules governing the management or holding of bitcoin and crypto operations.

While right now every country is creating their own policy towards bitcoin we cannot be overconfident that this is going to remain that way, if bitcoin really becomes adopted worldwide as we expected I'm pretty sure that governments around the world will put their differences aside and will create a world regulation to try to stop that adoption but due to the nature of bitcoin that will fail.

People need to understand that regulation crypto-currency is a thing, essential for us. But it is also necessary to understand in which direction this regulation will pass!

Indian Govt does not like crypto transactions, Also they do not identify blockchain technology power
China banned ICO's But Govt help for Blockchain innovations.
USA and UK not very like to crypto and going to hard regulation
South Koria, Japan, Singapore, Austrailia positive idea about crypto

Too much change in the prices and too much volatility is another factor why people are not using it for mainstream payment method. Also all the governments at his moment wants to regulate bitcoin so that they may have some control over bitcoins and digital currency.
No matter what regulations they implement,  bitcoin can't be controlled in the true sense.

That is obviously not what regulation is changing. As long as the protocol is not changed, bitcoin will still remain decentralized. Regulation is mainly going to be affecting the fiat based exchanges and those who of course may be looking to do some fiat to bitcoin exchanges will have to be subject to those forms of regulations.

Nothing stops you from doing your P2P transaction and we all know this is not going to be affected by regulation in anyway as wallet addresses is not tagged to any name unless you are using an exchange wallet that is subject to regulation and in that case you will be fine. However, I feel regulation will help clean up the space a bit and it is a way for the government to eliminate any illegalities.

please note that each country has a digital currency related policy or also called bitcoin. For example in my country the government still mengokgap illegal digital currency or bitcoin because it is reasoned bitcoin the currency used by hackers to launch crime in cyberspace

Yeah, I guess that would be more of the advantages it would bring anyway. I still wonder why a lot of people are against regulation since it does not really affect anyone in anyway except for those who are going to be doing some fiat related exchange with bitcoin. KYC would become a norm in most exchanges like we already have in most of the US based exchanges and this is just a way for government to monitor some shady movements anyway and it changes nothing with our normal P2P way of transacting.

You're right but something like that also have disadvantages cause it also make the customers or exchange users vulnerable because any of the exchange official can sell their customers tangible info to theft. With that aside, I think it will better more preferable if the government of each countries told every ICO owner to registered their ICO or project before any pre-Sale and public sale.

Well, not all country are making move with regards to cryptocurrency some are just neutral about this technology. Regulations will be done in the future and it will help us to move forward. I hope for a good result of every regulation because at the end of the day we need this kind of technology.

Lack of the awareness regarding the crypto coins and having not that much of the money to go and make an investment in any of the digital coin are the few things which are not favoring most of the people and because of that, people are still unable to make some good decision.

It is just the matter of time which will settle down the things for all of us and that after some time, we will be able to see much better reputation of the crypto coins and more regulation in the entire world.

Many countries around the world, especially Asia, are busy installing their respective rules regarding the use of Bitcoin and other virtual currencies. Different regulations in each of these countries actually generate a polemic. Owners who are not allowed to use Bitcoin in their country, will look for other ways such as crossing into neighboring countries that have more friendly rules. It is considered inefficient.

Yesterday, representatives of the German Central Bank expressed his opinion regarding regulation. Any attempt to set cryptocurrencies such as Bitcoin should be set on a global scale because national or regional regulations will be difficult to apply in communities indefinitely.

Governments most of the time only care about two things power and money, right now they are not very happy with bitcoin because they feel that they are losing power because of it, but if in the future they lose power because of their own ineptitude to manage their economies it is possible that at that point they will prefer to get more money in taxes and accepting bitcoin and regulating it could be good business.

In your statement there are some of them that are now facts and nothing to do with. But Global Regulation Will be difficult for bitcoin because it is decentralized and so many people out there still don't know what bitcoin is. In the future  it can be but for now it just can't happen.

I'm hoping that the G20 summit will come out with a good global regulation that will use globally it can be applicable to ICOs, exchangers, and government sides.

This is just the beginning of an era of the crypto currencies and that things are not that much well organized and well established as they need to be and that the government is not also very much interested in taking any constructive step to promote the crypto coins in their countries. It is just a matter of time and that after some time, most of the crypto currencies will surely prove out their worth and they will help in making the economy stronger.

hopefully this G20 summit will be the bright spot of bitcoin, which brings a positive trend in cryptoworld. considering all this time, bitcoin is being attacked by negative news, which affects bitcoin prices. and hopefully, bitcoin can also be accepted by the whole country, to be more trusted by everyone. also, can be a guarantee for someone, to be able to achieve his dream in the future, to succeed. because I know, the price of bitcoin is very high, just imagine, if bitcoin is acceptable in the world, maybe bitcoin price becomes higher than now. then, support bitcoin. spirit!

Things are not very well organized and that still there is no such kind of awareness campaign or anything like that which can help the people to understand this concept of the crypto currencies in a better way and that people are still confused and are reluctant in making this decision of investing their money into any of the crypto coin. Regulation of the crypto coins will surely work in the favor of the crypto coins and will help them in having a better reputation.

This is just the start of the crypto currencies era and that it will surely take lot of time for things to be settled down completely and to make some better reputation of the bitcoin and the rest of the crypto coins in the international market as well as amongst the common people. If this global regulation of the bitcoin happens, then this will result in a huge increase in the market value of the bitcoin.

It is true, that the changing nature of the price of bitcoin makes it very difficult to use it as a mainstream payment method, but to me this is something that we will learn to eventually get used to, I know a lot of people are scared of using bitcoin because if they buy bitcoin with their fiat a few hours later they could have less money, that is why I think many people are just going to buy bitcoin and will immediately use it to avoid the volatility of the market.

Bitcoin global regulation in an unified manner might take place when the bitcoin gains good support from the governments functioning around the world. In specific when there is a global regulation, automatically the price will increase due to the increased demand from the common people. Similarly it might also begin to function as a centralized system.

This is somewhat an idea which would be like the most of the common user of crypto but to whales this is not a good idea, if you are regulating some thing then you should hover all of the information regarding to transaction and the blockchain will be widely open, whales doesn't support the way that clearer transparency should be regulated. We are decentralized, but there are countries working it to be centralized.

I think bitcoin global regulation may fail to make any official office of bitcoin Bitcoin is the most powerful decentralized currency in digital world and every one like to work on this blockchain technology Bitcoin demand and need is increasing and it is also attached with bank accounts in developed countries and allow you to take any financial action by using bitcoin and the time to close when bitcoin will considered as an official currency in future,

Global regulation would revolutionize bitcoin as we know it, making it an accepted currency for trading. It would favour the top dealers generally, but with tax reforms e.t.c... Some would lose out.

Bitcoin is not a centralized crypto currency to see the coin regulated as whatever they want mate. If the bitcoin is been regulated also they can do until the coin has comes to the trading site which is based on the country you part of it.
If you use exchange like localbitcoins to change the bitcoin into fiat cash then how it is possible with the regulation nothing works dude.
Do not share the ID documents with  the trader if they requested to share with them. Instead of you check with someone who is not looking for the ID verification.

Traders are already investing in bitcoin to earn money even with the very low amount of regulation that we have, also bitcoin is already an accepted currency for trading you only need to look at any exchange and the huge volume that they have, regulation is not meant to help bitcoin, governments are going to try to impose regulation in order to control the market but no matter what they do they will never be able to completely control it.

Exactly, every country have their own belief about cryptocurrency but I think its good to have a global regulations so we can be more confident that they regulate cryptocurrency for the sake of both investors and a company. More countries will support this technology and I do hope G20 summit is the way to make that happen.

It would be a while before bitcoin and other crypto currencies can be regulated globally.

Only a couple of countries have acknowledged crypto. For now it is not under financial regulations and taxations, which has its advantages and disadvantages.

Can bitcoin ever be accepted globally and how would that affect the financial sector?

Globally it look like, when you not push bitcoin in goverments money you are - good boy.  8)

In other situations you must know about many different tax law, that's other  ??? in each country.

At nowaday i don't know portal what give good knows about global regulation of bitcoin and crypto.  

There is no reason to say that Bitcoin is a global currency. Bitcoin is currently being used in most countries of the world. But Bitcoin is not valid in all countries, some countries have banned it. Yet, the use and control of Bitcoin is growing worldwide. Russia, Japan, Germany, South Korea, France, America, and many countries including Bitcoin have much to use and control.

This would help really a lot. Such bad things on using crypto would got no more place to exist and the good way would stand out. Regulating users would probably changes a lot of things it may be for a price that would hike soon as its gets regulated or the worst if it turns out to drop. Making money needs to be regulated because making money attracts people to do some unneccessary things just to have bulk on their rather than having it little by little in a good way.

Valid according to who, governments not wanting you to enjoy financial freedom? If you accept Bitcoin, regardless of the laws in your country, it's valid.

Control is a relative term. Regulations only reach the centralized part of this market, which isn't a big deal since no one is being forced to use any service within that centralized circle. People have actually started to move away from anything that's centralized due to regulations, so as always, it's action equals opposite reaction. Bitcoin allows people and businesses to counter everything the government forces through, which wasn't possible before. :)

It is just a matter of time as bitcoin and the rest of the crypto currencies will prove their worth in the future as the number of investors who are willing to invest a portion of their income into the crypto currencies is increasing and that we can really hope that things will then turn in favor of the crypto currencies. if this thing happens, then this will affect the economic condition of the entire world in much better way.

Well, it can be valid but its still illegal and prohibited in some countries since they feel being threatened by bitcoin and this is why government are taking action to banned bitcoin.

It is still possible for cryptocurrency to be recognized around the world but it takes time, maybe in the future we can freely enjoy this kind of technology.

Your all points are informative and useful for us to know you are right to make it regular we should first notice the worth of bitcoin in that country . if government of almost all counties will combine together it am sure they will make bitcoin universal regular currency and this way we will become able to get more profit from bitcoin. I think every country should announce bitcoin regular for better economical state it is all about the fine interest of users and the investors,

I know it is going to be the best thing in the history of crypto currency, and no one is forbidding crypto currency right now. It is not only a news or a threat but it is true in actual this news is gonna change the whole market cap. Regulation of bitcoin is such nice thing, bitcoin will be regulated all over the world and globally as millions of people are helping it to be famous worldwide and throughout the world, gradually government is taking interest in crypto currency, so I am really in wish to see bitcoin transaction legal globally.

Bitcoin is no doubt being used by so many people living at different places of the world but the fact is still, you can’t say bitcoin as the global currency as none of the government of any of the county has so far declared it as a legal currency which is the most basic condition for the bitcoin to be the global currency. It needs a lot of time for things to be this much good and that we need to stay patient by then.

I have already said that cryptocurrencies demand regulation and control only in the right aspect and that this would be for people but not for personal gain.

For me bitcoin is already regular enough and it takes time to do something really high, bitcoin is regular at some places how are adopting bitcoin legally now for the betterment of their economical state of country I am true bitcoin supporter because I know one day bitcoin will makes me rich same as those thousands of people who are millionaires now  a day, India now recently announced bitcoin as legal so people of India are using bitcoin freely I hope one day we will also  be one of them to take the advantage of bitcoin global regulation.

Every country bitcoin regulation is different we can clearly check in this website coin.dance for every country regulations

Yeah it will make bitcoin progressing rapidly if global regulation is successful applied for bitcoin, I do not matter with the tax for my
income, because what I will get when the regulation happens will be very worthed like advantages and ease in using bitcoin

Still, everything is incompletely speculation because whether governments will deal to regulate the Bitcoin in a legal way. Already governments want to force people to use them in regulating the way in order to identify people transactions.

In my country, there are already some plans of the Government on the management of the bitcoin.
The Bank was not allowing the sales of the Bitcoin.
People involved in the transaction were also seen as Bitcoin delinquency.
But I still hope in the not so distant future, then everything about Crypto will be widely popular thanks to its technology

The unified world regulation is impossible. Nowadays states has gone back to establishing protective economical walls against foreign invasions, just look at the US.
But that won't make people use cryptps, and BTC in particular less. Though regulations, so taxes, fees etc. can be very different depending on country

Bitcoin is no doubt performing exceptionally well in the world of the crypto currencies and that it has managed to make a very good name in the international market but still there are so many things which are needed to be done and that bitcoin global regulation is one of the most important thing amongst all those things as this will then result in increase in the awareness rate and increase in the number of investors investing in the bitcoin.

who what didn't tell, but the cryptocommunity will be forced to go on a meeting to old "dinosaurs" and various funds in respect of regulation, I think that the community anyway "will cave in" under pressure of old system, but will be so short, anyway the idea of cryptocurrencies consists in to caving in under oppression of old system of finance. Time will show what from this will leave

In my country people are free to invest in bitcoins with risks that must be borne individually only prohibited is a sale transaction with bitcoin because the government reasoned that there is a legal fiat currency to conduct transactions with the taxation system that has been applied. but globally I do not think there is any rule in doing bitcoin activity.

Of course bitcoin is free and it is not banned by anyone, we should encourage people for using bitcoin more and more, actually bitcoin is decentralized which makes it free of government regulation but now a day a lot of countries are announcing bitcoin as regular currency because of good feature as profit making and providing jobs and many more so I think bitcoin is beneficial to be regular all over the world.

I think of bitcoin global regulation to be the most important and the most necessary thing which is needed to be done for the safe survival of the bitcoin and rest of the crypto currencies and that this is the only thing which will help the bitcoin in gaining more reputation as people will then have confidence over the crypto currencies and that they will have no such fear of investing in bitcoin.

regulation is indeed helpful in order for the cryptos to become more credible but regulation do also have a bad effects to us due to the fact that being regulated will lead to price stability and if the price of crypto is stable i think our profits will be lessen dramatically and we can only earn at a fix rate but we cannot also expect a super low price reduction. another thing is the tax charges , some says that cryptos can be charged by a tax if they are regulated by the government and banks.

Hopeful this positive trend will be introduced to the bitcoin soon, we will see the regulation of bitcoin in future but a bit time will be taken, slowly gradually bitcoin will become famous d it will be legal. As you said increasing population in the world is increasing the number of investors and the number of bitcoin holders, bitcoin is being regulated everywhere now so we will see the future bitcoin at the top and this will increase the price of bitcoin higher more and more.

Regulation of bitcoin is necessary but is it possible to implement it? After all, in this case, it is necessary to control the release of the cryptocurrency which also means to take control of the miners. Will this lead to total control over users of computer equipment?

In today's situation, nobody will regulate it, becouse all cryptocurrency market is going down. Our government really dont care when people loosing their money.

Do you think like that you have wrong thought about the bitcoin and world government. Whatever happening to the market is due to the whales and government against the bitcoin only so you do not think they are not in control over bitcoin and other crypto currencies.
Please invest your money if you want to make profit that is only thing you need to do in the current market conditions bro.

Not every single people in every country doesn't know bitcoin we all know that and some of the country in the world are not having any care about bitcoin or any cryptocurrencies. Bitcoin regulation is happening all over the world but not every single country. It is good for bitcoin i guess.

Yes it is true that regulation reduces the fear of investors, it involves government in it so people  become so confident while using bitcoin, I am sure soon bitcoin will be regular all over the world, regulation makes the world economically good and strong,. We need bitcoin for the betterment and development of our society, so after high acceptance and good profit I am sure soon bitcoin will be regular.

You're wrong dude. They wanted to regulate it since bitcoin almost touches $20K that's why the price goes down and keeps on struggling because of government regulation. Do you think t they will stop because the price is decreasing at this point? No. They wanted to crushed it and go down on its knees so I doubt that they will simply not push for a total ban or crypto regulations.

In fact my opinion against putting global rules and regulation to control the chain of bitcoin or alternative coins which definitely will lead us to be controlled by governments and central banks as well as visa\master card all we need is global adaptation from citizens worldwide .

At this very moment, the most important thing which bitcoin needs is none other than that of the global regulation as this is something which will then help more people in knowing about the crypto currencies and that people will then feel more motivated to trust the bitcoin and other crypto currencies, thus investing a portion of their income into different crypto coins which will result in high demand rate.

every country that exists around the world must have the policy and also the respective regulations on the economic system that is on the run. so with just a few countries as you mentioned it certainly can not be said as a global rule. I do not think there is a global rule about bitcoin.

In my country government also banned bitcoin because they think that people are putting black money in bitcoin and there is no record available of bitcoin transactions. But now it is possible to trace crypto transaction in any country and government can control illegal use of bitcoin. People still invest in bitcoin and they are free to invest in bitcoin but transactions are not allowed.

To sum it up, most powerful countries favors the use of cryptocurrencies, ICO and blockchain while the underdeveloped,poor or outdated countries are the ones who banned it very early because they know the can't handle its complexity.

I think government should be active for crypto currency, government should takes part into bitcoin regulation, it is good for us and it will make our upcoming generation as rich and millionaires, bitcoin has made our poor people rich and they made us developer marketing system, so I think if our government will accept bitcoin then it will make our economy better for us, bitcoin regulation will make our life good throughout.

As an investor I don’t need any regulations in bitcoin trading and transactions, because when it is regulated, governments will impose huge taxes on transactions and trading. The good thing in bitcoin is that it is decentralized and is free of any regulations. Already we are giving taxes which are a burden for average person. Now you want to pay taxes on bitcoin.

Yep, I completely agree that we partly get away from the fear. In addition, all of us will have opportunity to use bitcoin easily and right it would be more likely to become popular in most places of the world. However, when global regulation is set, we probably accuse of accepting some limitation, such as tax. Also, we are lost our free and especially we are less likely to in reap a huge fruits in cryptocurrency market as well.

It is very difficult to regulate anonymous crypto currency. Even more difficult to regulate it globally on the whole planet. It seems to me that this is not possible due to the technical complexity of the blockchain technology.

It is highly improbable that bitcoin would be regulated. It would have different levels of acceptance I'm different states,  and outright restrictions in others.
It would never be regulated and controlled by a central body. Due to its decentralized nature.

the possibility of bitcoin should always be stable in the price field, and must meet the requirements set by the global. and bitcoins should not be misused.

Bitcoin is a fantastic store and exchange of value, it has had massive usage in recent times but can still do better. For BTC to be more massively utilized it should be regulated. Majority of the would be investors in BTC want to see some form of good regulation so they would know the system won't just disappear or stay volatile.

in my opinion, bitcoin doesn't need regulation because the circulation of bitcoin is very free and depending on the very high demand for bitcoin, there may be many cryptocurrency currently illegal in some countries, but I'm sure some other countries will become legal in all countries.

As interesting, I've never seen the big picture with the countries.

Regulation is a thing which contributes to the income to increase more and more, we should not take the price falling serious and we should not lose our hope soon bitcoin will get legal and we will earn higher than this, Japan and Korea has taken it start to say bitcoin as legal currency for their country and I hope my country will be the next and so on.

Circulation of bitcoin is restricted in some states. Due to the unpredictable and decentralized nature of cryptocurrency.
Regulation is the only way to eliminate most of the risk involved. That is highly unlikely to happen anytime soon.

bitcoin absorbs the wealth of each country and it is freely circulated globally. governments cannot control it. a game will continue, between Bitcoin and the government. i believe Bitcoin will win. more countries will legally bitcoin. recently, bitcoin has been legalized in Thailand.

Yes! Regulation will never be world-wide. I depend on each country and its laws.

The Summit will surely bring some positivity in the market and will make it nice.

Bitcoin is at different levels of adoptions in various countries, according to their policies.
A global regulation is highly unlikely. Bitcoin and cryptocurrencies would remain decentralized for some more time.

There are just two countries that have acknowledged it so far.

The global regulations will be a dream and you cannot really rely on that.

Every country has its own authority to regulate the financial regulation of the country and it is absolute. But if the financial activities in many countries have changed and there are many crypto users then every country must consider this for the future in order to smooth trade and other activities between countries of the world

There are many countries that are still neutral on bitcoin transactions and have not decided whether it is legal or illegal. Large countries have many who legalize bitcoin and i think slowly small countries will follow in their footsteps if big countries have said that bitcoin or cryptocurrency can be profitable in financial terms. There is no problem so far, I think, the problem is only with the crypto market, where there are too many negative issues spreading about the crypto market so that there will be new problems in every fall of the market.

Don’t really know where that will go as there are not every one accepting it.

The existence of the bitcoin anyone stuck with rules that are applied in each country, a lot of interest in bitcoin and easy it is to get botcoin sometimes to legalize a digital money is still stuck with the existing regulations.

It is difficult to say all the feelings. When the market is less known, it is still strong. And when it is known, it is no different from the gold mine. They fight each other and do not think about the general community. This leads to many negative impacts on the market. There is a change in thinking when participating. No matter where.

There are certain facts about Bitcoin that makes it unattractive to mainstream investors. I think it's one of the reasons this year has been a tough one. Surprisingly, in spite of the good news spilling in from some angles, the prices keep dropping. So, this might mean that the problem might be different from what we are used to. And I think this is why we might need a little different approach. More and more people need to be able to trust the market and the currency. This is where government regulation might actually play a role. Many will just feel better investing in something backed by the government. Of course, it may be otherwise with some people.

actually bitcoin cannot and will never be able to be circulated by regulations in every country, this bitcoin movement should be free purely from the influence of buyers and sellers, so this regulation is not needed in some countries that are already aware of blockchain technology and this bitcoin currency.

 I believe there are so many countries that are actually not officially regulating it yet while just few are. Comparing the number of those who have just been silent on the whole thing, I believe they are more than those who are even condemning it. The thing with regulation for sure is that it would bring in new level of growth as we get to see more potential investors coming in.

Global regulation of bitcoin is almost impossible, Bitcoin is different from the fiat currency that is bankable and affected by global policies. Again it will be difficult for all the world countries with different ideologies to have a unified policy to monitor and regulate Bitcoin, Bitcoin on itself being decentralized almost makes it impossible

I can't agree with that. Regulation is not about centralization or control but about legal regulation in sense of legal and illegal and to give users some kind of security. To my opinion this is the main point and that is not bad. Try to see some positive aspects that are for good of all of us.

I doubt the possibility of a global consesus on the adoption of Bitcoin and other Crypto-currencies any time soon. There is a way crypto and the blockchain will bring trust and normalcy to the financial system, that some governments wouldn't want because of personal gains. Also, The fact that it could also help curb illegal hoarding of funds doesn't appeal to some individuals. However that doesn't stop the rest of us from embracing the currencies of the digital world. Some countries have gone viral already on the use of Bitcoin. Time awaits the economical boom of these countries in few years time.

Since Bitcoin operates as a decentralized currency away from the controls of banks and governments, it’s often been the victim of negative press. Whilst articles from Vice that aim to show how it can be used for relatively normal purposes may be well-meaning, they still tend to feature the cryptocurrency against a backdrop of black market mechanisms.

It’s this perception that Bitcoin is primarily used on the Dark Web that compounds the perception that it is mainly used for drug trafficking and the sex trade, and until that changes, the Bitcoin symbol is unlikely to appear on our supermarket chekkckouts.

the earth has become incredibly accustomed to bitcoin orders in addition to digital currencies. I really like that. incredibly swift increase within the last 24 months. that is great while using the rising volume of shareholders exactly who undertake bitcoin. along with the bitcoin selling price lower. objectives generally mature as soon as many shareholders continue to undertake with thousands.

rules or regulations for bitcoin should not be too needed because actually bitcoin was created because it has a mission to not be able to control the price of any bitcoin but there are so many who ask about regulation because it is used to buy something you want in your country.

Why you doubt on global consensus? If most of the advanced countries adopt it, all others will have to follow, if they don't they will stay behind. That economic boom will be connected with crypto, there isn't any other way, look at this list, after only 9 years of bitcoin come to this, from zero to here in very short period, what prediction we can make for 2030? If you say that crypto can bring more trust in global financial system that will be recognized and that will benefit all the people in the world. Current system is run by minority, few people are very rich while hundreds doesn't have for food and water, with fair distribution, with more trust all the people in the world can live better, and that's why crypto will win the race, it's just the matter of time. Countries lik ilIndonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan can't hold global progress, people there will fight against it, world will help those people and they will have to change their system's.

Bitcoin is not global control. Its control is only used by user.😊

That's a funny question. Bitcoin is still bitcoin it does have any other control. By itself it persists and the value increases or decreases with the fluctuation of the market.

This is true, bitcoin is totally free from all kind of regulations, government has no link with them still it is growing, because bitcoin has anonymous nature, only the user can know about it if you will have high amount of money so people will surely look at your wallet and they will know about your saving for future but if you are using bitcoin then trust me no one will be able to keep bad eyes on your money.

Nations still remain divided on the topic of bitcoin global regulation, and adoption is still debatable. I think, it's not that they are averse to the idea that it can be beneficial for them, but more of, their financial sectors are afraid that if bitcoin becomes a crucial currency, the tendency of lack of control on their part is high, and control entails power. Who would want to lose power anyway? But I strongly believe that if things are meant to be, they will be. No one can stop bitcoin from taking over the global market, thus there is really a great need for proper regulation of the market, and I believe it will not take long.

Bitcoin itself has its own privacy and anonymity to ensure the privacy of the investor so I think there should be only legal regulations to limit fraud in this market instead of creating global regulation.

bitcoin regulation is actually that bitcoin will never be able to have any kind of regulation because the regulation is because bitcoin is created to have a goal that creates a coin that cannot be controlled by anyone so if there is regulation for bitcoin it seems that bitcoin has failed.

Japan has always been a country that focuses on new things. When cryptocurrencies appeared, Japan accepted and some of their merchants began to use bitcoin as a salary!

yes, of course this regulation for bitcoin must be there because with the regulation of bitcoin, the people will usually use a lot and will make demand very high and can affect the condition of bitcoin prices.

You never know, it is entirely possible that in the future governments are going to feel so threatened by cryptocurrencies and especially by bitcoin that they will pass laws in order to ban it, but as long as there is one single country that allows the transaction of cryptocurrencies then everything is going to be fine, and those that are whales could even move there and use their bitcoin without problems.

It is hard to have global regulations for bitcoin and cryptocurrencies because not all countries accept it. Like china banned them altogether. Other countries also dont have regulations in place. Hopefully we see more adoption and regulations in future.

I think bitcoin is in dire need of global regulation because for the use of bitcoin, some of these countries need regulation for the circulation of bitcoin.

must understand the word wise, and must obey the global rules, because bitcoin is not arbitrary that can be just like that

I am from Indonesia

Hopefully Indonesia quickly legalizes bitcoin for transactions like other countries. Although it can still exchange on the market, it will be wonderful if bitcoin can be a tool for buying and selling transactions. :)

I like the idea of ​​having a global rule for Bitcoin because it will help Bitcoin in general and cryptocurrency become more popular and closer to life. But to do that is not easy because there are not too many countries in the world accepting Bitcoin and cryptocurrency.

This issue has been raised more than once, to regulate bitcoin, all states need to unite and prohibit mining, and this will not happen, since influential people also participate in the world of digital money.

You forgot to mention Philippines they also have accepted bitcoin as a form of payment although they have put some regulations but bitcoin is still progressing and also other countries will recognize it once they see the benefits of crypto currency as a form of payment and asset. Slowly and surely many crypto related businesses are starting up from institutional investors and merchants around the globe.

Japan is a very developed region, they accept all new things, they are a country that advocates Internet technology! But they are rejected by people because of aggression!

Pity on us and lucky you are because still even after being so advanced we are not sill receiving bitcoin as salary, it is modern age so I think all of those facilities should our country use, the more we are being famous the more it is being high, so for me regulation of bitcoin was only a dream but now it is our future which is really bright and safe, I hope soon our government will decide to regulate bitcoin.

Them all may state which bitcoin dealings tend to be unlawful simply because they don't have any investigation whatsoever. They're just stating which since the dealings associated with bitcoins tend to be unknown procedure meaning untraceable plus they do not would like which.

Let us just hope that bitcoin would have a good impact all though out the world. And it would be accepted worldwide!

global regulation of bitcoin to be kept by the user, it is for the good of each personal so that the system created ran smoothly according the rules.

Thanks for summarizing all cryptocurrency status all over the globe. It proves how crypto are being popular everywhere and countries adopt it in every different way. The amount of places accepting crypto is also multiplying and means that its growing in a healthier way. Hope my country is next.

Global regulation for bitcoin is quite a long reach. And it is highly unlikely to happen.
Cryptocurrencies have been heavily adopted due to its decentralized nature and neutral, open technology.

Things have already begun to heat up as countries around the world grapple with cryptocurrencies and try to determine how they are going to treat them. Most digital currencies are not backed by any central government, meaning each country has different standards. Need to ensure the right set of rules are applied to the right users to remain compliant across multiple jurisdictions.

xactly, every country have their own belief about cryptocurrency but I think its good to have a global regulations so we can be more confident that they regulate cryptocurrency for the sake of both investors and a company. More countries will support this technology and I do hope G20 summit is the way to make that happen.

Luckily that the bitcoin is legal on our country with a minimum regulation. But the crypto currency on our local country is still limited cause no everyone doesn't know about this new payment system. I usually used it when I need some loads on my cellphone and game accounts, also using btc on paying some bills of course.

Many countries in various parts of the world, especially Asia, are busy installing their respective rules regarding the use of Bitcoin and other virtual currencies. Different regulations in each country actually lead to polemics. Owners who are not allowed to use Bitcoin in their country, will look for other ways such as crossing to neighboring countries that have more friendly rules. It is considered inefficient.

I think for big countries have said that bitcoin or cryptocurrency can be profitable in financial terms. There is no problem so far, I think, the problem is only with the crypto market, where there are too many negative issues spreading about the crypto market so that there will be new problems in every fall of the market.

Regulations are not important what it's important is if a country bans cryptocurrencies and as long as cryptocurrencies are not banned and you are not doing anything illegal then most likely you can do whatever you want with your cryptocurrency, just make sure to check the laws and regulations in your country just avoid breaking the law and if possible consult a lawyer just to be 100% sure.

it seems like the whole world are watching cryptocurrency now...,lot of good and bad news, regulations everywhere but in the end cryptocurrency will win and go higher for good...the future that we need and know many more big people will adopt this system....

There must be regulations, for the crypto environment to be inserted in the country and in the cities, but not everyone has knowledge, but even there would be more simple and useful crypto-coins, as we have many scammers here!

should global bitcoin regulation be very unimportant and bitcoin should not need regulation but there are some big countries that implement regulations because they might be afraid that bitcoin's price movements are unstable so that regulation for bitcoin is created.

I hope that more countries will establish a legal institution for Bitcoin to run it, because it will effectively attract new investors to the market!

very valuable information for me personally. thank you

The whole world are watching cryptocurrency now and you have shown that.  A lot of good and bad news, regulations everywhere but in the end cryptocurrency will win and go higher for good. Its future is good . so keep it up. This is the future that we need, and I know many more big people will adopt this system.

In my country, the minister of communication has banned payments using bitcoin. And this is not profitable for us. But as a crypto coin holder, I am a little calm because there are still many crypto exchange in my country. This means that bitcoin is still allowed to be traded, but cannot be used as payment.

The country where I live is one that does not legalize transactions using bitcoin. But I have never grieved because of that. I still feel safe as long as the government does not block bitcoin. This is because I can still trade bitcoin.

bitcoin global regulation seems very much needed because there are several countries that need it to be able to be used for transactions in the country, for now the regulation is very important.

I really think that if cryptocurrencies becomes really big all countries around the world are going to try to create some kind of regulation that will benefit them in a way, however it is likely that we are going to see some countries deciding that they are not going to go along with it and will decide to accept cryptocurrencies and it's likely that many people that have made a fortune with cryptocurrencies will decide to live there.

bitcoin global regulation is currently very much needed for some countries that still doubt bitcoin technology and consider it illegal because the very expensive conditions of bitcoin prices and unstable price changes make some countries afraid of bitcoin price movements.

Bitcoin is the global currency. Most of the country are using bitcoin and they get money and have to learn bitcoin and crypto market. I have a lot of experience if i get to earn from this market. Bitcoin is the global currency but some of the country are not relivable bitcoin.

I think bitcoin regulation is only needed for a few countries because I see that only a few countries must have bitcoin regulation to be able to conduct bitcoin transactions and transactions in their country.

Yeah you are right. Now I have heard that Germany is going to legalize bitcoin. It is obvious that bitcoin is global currency and most of the countries are using bitcoin as their legal and regular currency, but there are still many countries that do not allow bitcoin or Altcoin in their respective countries. People in those countries face hurdles in investing in bitcoin.

It will be very good if there can be consensus regulations with inputs from all countries for Cryptocurrency industry.

Yes we need to follow some good regulations to make the worker clean and to develop the economy without any other disturbance it will vary handful for the development also without any other problems.

My country has also banned bitcoin transaction due to which we are not able to cash our bitcoin. They will allow it again but it will take long time. Regularization of bitcoin in third world countries is very necessary for the promotion of bitcoin. One day we will see that the whole world will use bitcoin as their local currency in their local markets, but it will take time.

It seems like bitcoin regulation in some countries is needed because there are so many countries that are still in doubt and still have not received payment using bitcoin before there is clear regulation for the circulation and use of bitcoin.

For the foreseeable future, I am sure that more and more countries will legalize the use of bitcoin in their countries. Want it or not they have to accept it because of the development of technology that must include bitcoin in it.

This global bitcoin regulation may be very needed and maybe this is very important because it can make the price of bitcoin very expensive because there will definitely be many people using bitcoin in some countries for transactions.

It will eventually when they realize that some countries are making best use of the bitcoin and technology and it is helping their economy as well. This will put pressure on other countries as even they want to grow and make their people more employable and this is a the good field where more jobs can be created.

 I.agree with this. There will be no.further growrh of cryptocurrencies and their implementation in economy and society in general without regulation, that is something that is necessary.
More and more countries are realising that fact and they are aware that cryptocurrencies can't be avoided anymore so it's better to put them in some legal framework that everybody can have use of it.
Global regulation is inevitable, it's just the question of time framework when it will happen.

Yeah it is very necessary for the promotion of bitcoin. If we want bitcoin to be used throughout the world we should legalize and regularize bitcoin as much as possible. The use of bitcoin will increase when more and more countries will accept bitcoin as their legal and regular currency. It will take long time but finally it will take of the market worldwide. Till that time we should be patient and cool.

Ya, there is no global regulation about BTC yet. Full world economy now are in problem with bitcoin. So in this time some are accepting and some are not as it has illegal use. But i think as it going technologically no body can not control BTC though government accept or not accept. But matter of sorrow that as it not accepting globally its misuses is going rapidly. If there acceptance there was a rules and regulation.

I think this is entirely possible because Bitcoin and the cryptocurrency market are getting tremendous support from the global financial markets. Besides, the blockchain technology applied in the cryptocurrency market is showing great efficiency when applied in practice.

Cryptocurrency is the new era currency and the coming generation will use only cryptocurrency as we use our local currency today. Some people still do not believe in cryptocurrency and say it is a scam and the investors will lose their money, but besides the fact is that they do no know the importance of cryptocurrency. Later or sooner they would realize its importance.

every country wants to regulate crypto. but no one have clear understanding of how to do it. japan and korea took first positive steps to whole ecosystem, i hope other countries shud follow soon

I think bitcoin global regulation should not be too important because the circulation of bitcoin and bitcoin price movements do not depend on the existence of regulation but depends on the demand that makes the price of bitcoin has a movement of rising and falling prices. it's just that this regulation is needed for some countries to be used as one of the legal payments.

I see that only a few countries must have bitcoin regulations to be able to conduct bitcoin transactions and transactions in their countries and I think bitcoin regulation is only needed for some countries

bitcoin global regulation is very influential on the circulation of bitcoin in some countries because this bitcoin is able to be used and can get legality all over the world so there must be clear regulation for the use of bitcoin in all countries, but it shouldn't be too important because it will make circulation bitcoin can't be free anymore.

How about the NA region?

Is there any report or article about the current status of crypto reputation there?

As far as I remember, US is one of the first country who use the crypto around the market or even the black market. It will be nice if this thread is complete and without any bias report.

regulations that accept crypto as a whole like Japan will have a good impact on Japanese technology activities that are very advanced and many countries should see this as a good thing for the progress of their own country. if they are still doubtful about crypto then make a special regulation that can provide a forum for the community and of course they can withdraw taxes from this activity for the state's income

I have seen some news that some companies in Japan have used Bitcoin as a way to pay wages. I think this is an exciting thing. The Japanese cryptocurrency seems to have the best development!

This bitcoin regulation is usually used for some countries that need it. It seems that a few months ago the regulatory issue was discussed by bringing together 20+ representatives of the state to discuss this and the results are only a few that prohibit the circulation of bitcoin and the circulation of bitcoin should not require regulation.

Paying by bitcoin is such a cool thing, but the problem is the fast movement of its value around the world. It will be more difficult if you already have a family to be with. Bitcoin can decrease your daily income at some point and it will be risky to provide all your needs and your family as well. For me, it will be more liable if the bitcoin has a stable value some how.

If bitcoin is regulated globally its value will be 10 times more than that of today. The use of bitcoin will also increase. More and more people will come to know about bitcoin and they will put their money in it and will enjoy the rest, because bitcoin is the leading crypto in the market and people will use only bitcoin in their local markets. This time is very near.

The feedback of individuals and a transformation for flexibility against the keeping money framework that is brought together will before long turn into the main purpose behind the political influence in every nation to manage or reconsider a superior choice for all. The security of the speculators and the human right of every one to pick what is best for them. Bitcoin won't be internationally manage on the off chance that we do our offer.

What about countries where it is not being recognized by the government, but people are still making use of it, well I will say it is legal in those countries since nobody wants to talk about them. And I’m still confused by what you guys mean by Sweden and Australia is the definition of Bitcoin as a currency, are they making use of it there as their conventional currency?

I think this global regulation for bitcoin might be very much needed but it will take a very long time to overcome the regulation because the existence of this regulation requires an agreement on the head of finance in the country so that regulations can be created and can be used for all countries as an alternative transaction the safest and most comfortable.

My country has banned but one of my friend told me that every country first investigate bitcoin and see the authentication of the project. When they satisfy themselves they allow their people to trade and invest in bitcoin. Although it will take more time but the end is that after regularization the market value of bitcoin will increase and soon the whole world will use only bitcoin.

Global regulation of bitcoin is useful for bitcoin development. The price will also grow when more and more countries accept bitcoin as their regular currency. Physical currency will disappear from the market gradually. Bitcoin will not only take over paper currency market but also fiat currency. When government involve in digital currency they will stop fiat currency for the ease of the people.

global bitcoin this regulation seems indispensable for bitcoin circulation of some countries to be used for transactions and can be used to be legal tender and can be used for all payment platforms.

Different countries have different regulation in cryptocurrency.
This survey report covers 130 countries as well as some regional
organizations that have issued laws or policies on the subject Countries that Have or Are Issuing National or Regional Cryptocurrencies.

https://www.loc.gov/law/help/cryptocurrency/world-survey.php

Bitcoin is almost impossible to regulate, for this it is necessary to unite all the miners who confirm transactions, and there are millions of such people and they are in many parts of the globe

Nice work and thanks for the information you shared with us. I think with the passage of time the privilege of bitcoin will increase and more and more countries will legalize and regularize bitcoin. There people will start trading and transactions in bitcoin. My country has banned bitcoin but this ban is not permanently. They know that people are still trading and transitions in bitcoin.

I read that Malta's government was going to become crypto-friendly. It can positively affect the prices! But now the market is half green on coin360, making me confused

Time is coming that bitcoin will be globally accepted because more and more countries are regularizing bitcoin. In the future we will enjoy cashless markets. Nobody will use cash money for his shopping. One world and one currency and that would be definitely bitcoin because bitcoin is the leading crypto in the world and globally accepted.

Yeah you are right. It is the need of today. Bitcoin regularization will provide ease to the people of the world. When I want to buy something in another country I can pay from my bitcoin wallet easily. There is no need to convert my money for my payment. In the near future we will use bitcoin in our local markets. When all people use bitcoin there will be no tension of price.

Some days ago I heard that Germany also realized bitcoin. It means that the world is turning towards digital currency. I think after several years the whole world will accept cryptocurrency and as bitcoin is the leading crypto in the world most people will use only bitcoin as their regular currency. Although it will take long time but finally people will use it.

That's good news that some countries now recognises bitcoin as currency and also legalizing it. Philippines is also now accepting bitcoin and other altcoins because they encourages fintech to make investment to them.

This bitcoin global regulation seems for now to be said as the main condition for being able to use bitcoin for payments or transactions in several countries but actually it doesn't really matter because bitcoin has the purpose of creating a currency that cannot be controlled by anyone.

When I think that Bitcoin regulation will help development in the Bitcoin and it’s valuable also stable because of this.. Also I will say that it will take time for paper currency to be completely illuminated.

According to your article we clearly see the number of countries that do not accept Bitcoin as the few. In big countries they see the potential and power of Bitcoin to master the global economy.

This bitcoin regulation should not be too important but for regulation of some other cryptocurrency it might be important because it is for the recognition of the financial authorities in the country, but for bitcoin I don't think it needs regulation.

bitcoin regulation will mean that Bitcoin will be Centrally monitored and controlled. Bitcoin was made as a decentralized currency and we don’t want it to be recognized in such a way that it becomes centralized.

Yeah you are right. I am waiting for that time when there would be no paper and fiat currencies and the whole world will use only bitcoin for their expenditures and daily routine expenses. Hope that I will see that cashless world in my life but if would not see that world my children will definitely enjoy cashless local market and will use only bitcoin.

You’re wrong, no country has plans of making Bitcoin a currency. Yes, some. Of them have interest in Bitcoin but its not in that direction. It can be that they just want to be able to be looking into it closely just to know when things are going wrong and how to trace it. None of them can regulate it and they don’t have intentions of making it their currency.

In Indonesia, the ban made by Bank Indonesia is a ban on the use of Bitcoin as a means of payment. Ownership of Bitcoin is basically a digital asset not as a means of payment. Continuous reviews are carried out by related parties to make the right rules for Bitcoin and all virtual currencies.

The general rule of Bitcoin worldwide is essentially unnecessary because it is contrary to the purpose of creating Bitcoin but I think that in order to be able to develop stably the general rules for Bitcoin and cryptocurrency is very necessary. The general rules will be the basis for dealing with fraud cases in this market.

Global regulation is connected with governments and we know that people are using their coins in different parts of the world. Many big companies are accepting bitcoin as their payments. They don’t need government regulations. Time is coming that all the governments will regularize bitcoin as their legal currency and will deal in it. we just need to wait for some time.

Yeah it is right, with the passage of time more and more countries are accepting bitcoin. In recent past Germany regularize bitcoin. Countries with strong economies are regularizing bitcoin and rests are following them. It will take some time but finally bitcoin will take over the market and the entire world will use only bitcoin as their regular currency even in their local markets.

Is there a general rule for Bitcoin for the US? I haven't seen the topic commenting on this issue.

If this is the case, i think the cryptocurrency do not need such regulations. Or somewhat the bitcoin can move on its own, but the thing here is, the people consider much when they seen it legal, they are somewhat conscious to what is going on. Therefore we can say that having global regulation maybe good but somewhat bad.

I don't think regulation is mandatory because you can still use and invest in Crypto even though there isn't any regulation right? but regulation indispensable for the development of cryptocurrency, mandatory and indispensable are two different things. if there is regulation, it can certainly accelerate the spread and development of crypto

I think some countries do need regulations that are used to help cryptocurrency in their countries so that sellers can be sure that cryptocurrency has clear and safe regulations used for payment methods, but there are still many countries that have not provided clear regulations for cryptocurrency use and circulation so there are still some countries that consider cryptocurrency an illegal payment.

When I got into this newly, people said the reason they use Bitcoin, which is the also the reason why it was made, was for them to have freedom from the government controlling their money. So if that’s really the purpose, why then are we looking for regulation? You know what’s likely to happen if the government get into this so I’m not support of it.

And by the way, we don’t need much people in this, only those who are interested to make use of Bitcoin should be here. I have also noticed that newbies are coming here with the intention of making money and not for the purpose of using bitcoin. I no longer see people that loves Bitcoin, all I see is greedy people who come here cause they think this is a money farm’.

Does Australia and Sweden make use of cryptocurrency? I mean make use of it as they should a real currency Or was it just legalized in there so that people can buy and sell it without having any problem with the laws? There are countries where cryptocurrency is seen as illegal and making use of it can attract punishment if they government finds out. I just hope that one day it gets to be legal everywhere and be accepted by lots of people.

I think this is best question because people really want to know how much our government is interested in making bitcoin legal and allow us to use it, if we will regulate bitcoin so it will be easy to use it at open shops also it will increase the trust of people who are worry because of bitcoin decentralization and because of those who are saying it is just a scam so they will get best reply.

I think that till date there are no rules for regularization of bitcoin in the US because they also lose control of dollar not only in US but also in the whole world. Dollar is the only acceptable currency all over the world in this day and it is hard for US to let bitcoin legalize and regularize bitcoin in the currency market. Otherwise their dollar domination will dip in the ground.

I have also seen a lot of attitudes about Japan's treatment of cryptocurrencies, and some of their merchants seem to have started using cryptocurrencies as employee wages!

People are interested in putting their money in cryptocurrency and we know that the future is that of cryptocurrency and others will go down. I need to use bitcoin as my regular currency in my local markets for my daily needs. I am sure that in the near future governments will regularize bitcoin all over the world; even fiat currency will be replaced by cryptocurrency.

Bitcoin is accepted gradually now more than in the past, so as we can see almost all countries around the world know and understand how benefit that this digital currency can bring to life. However, these countries which is still taking regulation on bitcoin because maybe the governments don’t think that they can control a stable life when this coin is accept legally. Obviously, bitcoin or cryptocurrency is notoriously anonymous and highly volatile. If crypto is accept widespread, many benefits as well as drawbacks affect to many people life. Especially, the high risk in this field can cause a big loss for many people. Also, owning to its anonymity, illegal transaction can occur. Thus, maybe with some reasons above make almost all governments do not accept btc.

Bitcoin global regulation means all countries around the world are already embracing the blockchain technology. I am in favor with crypto regulation rather than my country will ban it. Besides, i will also feel safe and secure with my investment.

I think some countries needed or must be regulated like for my own state own country which is philippines , i would like to share some experience instead of paying bitcoin as soon as possible as quickly as that, no, we find some atm that somehow accept bitcoin and we do some things that we convert bitcoin to our own currency. And it's more hustle, and so exhausted. And also in some neighbor hood on asia country, but still hoping sooner or later government will recognize the brighter side.