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Title: Countries that still don’t like bitcoin. Post by: kotajikikox on September 09, 2025, 08:51:52 AM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries:
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? Title: Re: Countries that still don’t like bitcoin. Post by: UchihaSarada on September 09, 2025, 08:58:00 AM I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. You can have a map of Bitcoin legality status with different legal status like Legal tender, Legal, Alegal, Illegal, Restricted, Unknown.https://newhedge.io/terminal/bitcoin/legality-map https://coin.dance/poli/legality Title: Re: Countries that still don’t like bitcoin. Post by: Oshosondy on September 09, 2025, 09:10:04 AM China may not see bitcoin an a currency and they have in one way or the other banned bitcoin and bitcoin mining, but bitcoin is still mined by miners living in China and bitcoin is accepted by Chinese government as a property that their citizen can buy and hold even in the past.
It is also good to know that no country can completely ban bitcoin. Title: Re: Countries that still don’t like bitcoin. Post by: ABCbits on September 09, 2025, 09:12:55 AM These days, a country announcing that they will make bitcoin legal is not as rare anymore. It's still rare to see a country legalize Bitcoin as currency or payment method though. AFAIK most country legalize Bitcoin as investment or property asset, which isn't aligned with Satoshi's goal about Bitcoin as P2P money. Title: Re: Countries that still don’t like bitcoin. Post by: purple_sparkles on September 09, 2025, 09:13:34 AM My country, for example, is currently at the stage of passing a law on the legalization of cryptocurrency. Of course, there are no reserve funds in Bitcoin yet. However, there are already bills on how to take money from people who own cryptocurrency. It seems like it would be better if this bill does not pass, because cryptocurrency can already be cashed out without any problems. But if it does pass, 23% would have to be given to the government, which looks more like robbery than improvement or progress.
Title: Re: Countries that still don’t like bitcoin. Post by: pancelot on September 09, 2025, 09:14:24 AM So is your country still against bitcoin? In my country, Indonesia, Bitcoin cannot be used as legal tender. This is stipulated in Bank Indonesia regulations. You can view them here: https://www.bi.go.id/id/publikasi/peraturan/Documents/PBI_191217.pdf. (https://www.bi.go.id/id/publikasi/peraturan/Documents/PBI_191217.pdf.)However, Indonesia also recognizes Bitcoin as a tradable commodity, as it is regulated by the Commodity Futures Trading Regulatory Agency through the Ministry of Trade of the Republic of Indonesia. You can also view the regulations here: https://jdih.kemendag.go.id/backendx/image/aturan/27191241_PERMENDAG_NOMOR_99_TAHUN_2018.PDF (https://jdih.kemendag.go.id/backendx/image/aturan/27191241_PERMENDAG_NOMOR_99_TAHUN_2018.PDF) However, in 2025, the Indonesian government shifted oversight of Bitcoin or crypto from Bappebti to the Financial Services Authority (OJK) for its use. Crypto assets are now considered equivalent to securities. Well, from that, I see enormous potential for Indonesia to adopt Bitcoin for legitimate transactions in the future. (This is just my assumption; I could be wrong.) ;) Title: Re: Countries that still don’t like bitcoin. Post by: john_egbert on September 09, 2025, 09:16:21 AM These days, a country announcing that they will make bitcoin legal is not as rare anymore. It's still rare to see a country legalize Bitcoin as currency or payment method though. AFAIK most country legalize Bitcoin as investment or property asset, which isn't aligned with Satoshi's goal about Bitcoin as P2P money. Yep. The time when BTC will be accepted as the alternative to fiat itself will come, but not in these years that are near us, clearly.. Title: Re: Countries that still don’t like bitcoin. Post by: pancelot on September 09, 2025, 09:21:09 AM So is your country still against bitcoin? I agree with ABCbits and that's what happened here in my country, Indonesia, Bitcoin cannot be used as legal tender. This is stipulated in Bank Indonesia regulations. You can view them here: https://www.bi.go.id/id/publikasi/peraturan/Documents/PBI_191217.pdf. (https://www.bi.go.id/id/publikasi/peraturan/Documents/PBI_191217.pdf.)However, Indonesia also recognizes Bitcoin as a tradable commodity, as it is regulated by the Commodity Futures Trading Regulatory Agency through the Ministry of Trade of the Republic of Indonesia. You can also view the regulations here: https://jdih.kemendag.go.id/backendx/image/aturan/27191241_PERMENDAG_NOMOR_99_TAHUN_2018.PDF (https://jdih.kemendag.go.id/backendx/image/aturan/27191241_PERMENDAG_NOMOR_99_TAHUN_2018.PDF) However, in 2025, the Indonesian government shifted oversight of Bitcoin or crypto from Bappebti to the Financial Services Authority (OJK) for its use. Crypto assets are now considered equivalent to securities. Well, from that, I see enormous potential for Indonesia to adopt Bitcoin for legitimate transactions in the future. (This is just my assumption; I could be wrong.) ;) Title: Re: Countries that still don’t like bitcoin. Post by: betswift on September 09, 2025, 09:28:16 AM ^ Let's believe you are not, because there is a lot to gain from working with crypto from both sides: retailer and higher up.
Title: Re: Countries that still don’t like bitcoin. Post by: Dave1 on September 09, 2025, 09:29:26 AM Did you check the date of the article? It looks like it's outdated, as it was last year. So maybe that's where your confusion sets in. Maybe Pakistan have made a U-turn already after the article has been published.
As far as China goes, there are a lot of conflicting news about them having no Bitcoin at all to the second largest hold behind the US. So I wouldn't be putting them in the list. Perhaps they are just trying to be secretive as every country is talking about making Bitcoin as a national reserve. And you can't believed that they won't be into Bitcoin as they are also going into a race with US as far as the biggest Bitcoin holder. Title: Re: Countries that still don’t like bitcoin. Post by: DubemIfedigbo001 on September 09, 2025, 09:29:45 AM I was very interested in Tunisia and I found this
At present, Tunisia does not have any specific laws or penalties pertaining to the use of cryptocurrencies. The absence of regulation makes it difficult for authorities to enforce any punitive measures on users. However, since the government does not officially recognize cryptocurrencies, users may find it challenging to protect their rights or seek legal recourse in case of fraud or other disputes. It is crucial for users to remain cautious and conduct their activities responsibly. https://legalitylens.com/are-cryptocurrencies-legal-in-tunisia/ I can see say that there are no explicit laws signifying that Tunisia and even some of the other countries like China are totally against Bitcoin. It might interest you that there's are still some illegal mining activities going on in China. When Bitcoin was banned in Chhina, Miners didn't totally give up, they went into illegal mining at hidden areas and it's very possible that some law enforcement agents are bribed to sustain the business. Title: Re: Countries that still don’t like bitcoin. Post by: m2017 on September 09, 2025, 09:31:22 AM China may not see bitcoin an a currency and they have in one way or the other banned bitcoin and bitcoin mining, but bitcoin is still mined by miners living in China and bitcoin is accepted by Chinese government as a property that their citizen can buy and hold even in the past. I don't quite understand your idea. If mining is prohibited in China, then how do miners living in China mine? Or does this apply to non-residents of the country?It is also good to know that no country can completely ban bitcoin. It can't banned, but it can bring to justice if there are laws adopted prohibiting the use of bitcoin as a means of payment for goods and services (in some countries it already exists) or the purchase\sale, ownership of bitcoin.When in such countries, people are forced to obey these laws (if they don't want to have problems with the law), which in fact becomes equivalent to a ban (bitcoin). Title: Re: Countries that still don’t like bitcoin. Post by: hugeblack on September 09, 2025, 09:36:11 AM Legal lists are often inaccurate, or the authors don't do much research into the details. Therefore, the best way to determine the legal status in a country is to ask the local community or consult a qualified lawyer.
Government policies vary and fluctuate. Some governments are unfriendly to Bitcoin, believing it reduces government oversight, while others prefer to legalize Bitcoin for tax purposes. Title: Re: Countries that still don’t like bitcoin. Post by: betswift on September 09, 2025, 09:37:21 AM China may not see bitcoin an a currency and they have in one way or the other banned bitcoin and bitcoin mining, but bitcoin is still mined by miners living in China and bitcoin is accepted by Chinese government as a property that their citizen can buy and hold even in the past. I don't quite understand your idea. If mining is prohibited in China, then how do miners living in China mine? Or does this apply to non-residents of the country?They adapted and use foreign proxy servers to obscure their way of things. Also, they use off-grid electricity to avoid detection. That's why they still contribute a notable share to the hash rate. Title: Re: Countries that still don’t like bitcoin. Post by: Zigabel on September 09, 2025, 10:31:33 AM What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. The more awareness goes on With bitcoin the more most persons will begin to key into the adoption because they begin to see the valuation and the recognition and adoption it is getting on almost a daily bases. more and more countries will later review their prohibition of Bitcoin in times coming and i believe they are definitely goin to join in the adoption of Bitcoin too because hey see the economic value it will be of to their nation. it is more beyond just the use but the store of value which makes it a good store of value is another key aspect these countries will be willing to explore when they see how well Bitcoin fits in economically, it will only take time and this list will be completely outdated as many others on this list will join it the adoption of the asset for the purpose of their economic benefit.Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin?He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) Its the Fact that most of these countries wants to have Bitcoin in a reserve just like it once happened that every country strived to have a gold reserve then seeing the economic importance of Gold to the country and the international market at large because time, when it becomes that Bitcoin gains that so much adoption and be in the Reserve of many countries out there, its valuation further gets even higher that even the supply will be affected and that will induce scarcity and further push up the price of Bitcoin since it is a limited supply Asset. Title: Re: Countries that still don’t like bitcoin. Post by: Donneski on September 09, 2025, 10:33:17 AM The situation in my country is kind of similar to what you pointed out with Pakistan. Things don’t stay the same for long. What was once illegal or heavily restricted is now slowly moving toward acceptance. It seems like no country wants to be left behind when others are adopting Bitcoin and blockchain. That’s why I think your closing question is really relevant. “is your country still against Bitcoin?” feels less and less permanent because we have seen how fast governments can change their minds when they realize the benefits they’re missing especially when it has to do with the global financial system.
Title: Re: Countries that still don’t like bitcoin. Post by: davis196 on September 09, 2025, 10:59:16 AM Quote China Pakistan Saudi Arabia Tunisia Bolivia OP, your list has multiple countries missing. Bitcoin is also declared illegal in Morocco, Algeria, Egypt, Nepal, Bangladesh and Afghanistan. I was surprised to see that India is one of the countries, where Bitcoin is legal. There were lots of forum posts about India having strict anti-crypto regulations years ago. Maybe the Indian government had changed it's position regarding Bitcoin and crypto in general. I found out that Bitcoin mining is declared illegal in Kosovo. Who the hell would start mining BTC in a country like Kosovo, where most of the electricity is being imported(as far as I know)? Title: Re: Countries that still don’t like bitcoin. Post by: betswift on September 09, 2025, 10:59:59 AM The situation in my country is kind of similar to what you pointed out with Pakistan. Things don’t stay the same for long. What was once illegal or heavily restricted is now slowly moving toward acceptance. It seems like no country wants to be left behind when others are adopting Bitcoin and blockchain. That’s why I think your closing question is really relevant. “is your country still against Bitcoin?” feels less and less permanent because we have seen how fast governments can change their minds when they realize the benefits they’re missing especially when it has to do with the global financial system. More like especially when they understand where the profit is about to be made ;D Title: Re: Countries that still don’t like bitcoin. Post by: AprilioMP on September 09, 2025, 11:46:59 AM These five countries banned Bitcoin, and the data was updated in 2025.
If the second source states that one of the countries that initially opposed it changed its stance with plans to make Bitcoin a national reserve, this is in keeping with human nature's volatile nature. I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? My country doesn't legalize Bitcoin as a currency (means of payment), but we can still use Bitcoin as a commodity asset. We can still trade and invest in Bitcoin. If we want to use Bitcoin, we have to exchange it for fiat on an exchange. Title: Re: Countries that still don’t like bitcoin. Post by: 2Pizza410000BTC on September 09, 2025, 11:57:55 AM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries: I can say that my country is not against Bitcoin, even though Bitcoin is illegal in my country, we can easily ensure the use of Bitcoin from our country. Although Bitcoin cannot be sold directly in my country, we can use Bitcoin in any work or field by converting it into the local currency of my country through p2p transactions, and there will be no problem. If my country was against Bitcoin, we would not have been able to use Bitcoin like this, maybe we would not have been able to use Bitcoin at all, if we had used it, various administrative problems would have been created. I hope that my country will continue to see Bitcoin the way it is now, but I also hope that my country will give legality one day. I am talking about my Bangladesh here.
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? Title: Re: Countries that still don’t like bitcoin. Post by: Davidvictorson on September 09, 2025, 11:58:49 AM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries: I do not think that all countries who have not yet made Bitcoin a legal tender have actually any outright ban on it and its use because there may be some regions within the geographical landscape of such a country where the citizens use Bitcoin to transact discreetly without government knowledge.
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? There is a difference between a country banning the use of Bitcoin and not accepting it as a legal tender but still somehow allow citizens to use it. In all my research, these are some countries in addition that have restrictions on the use of Bitcoin and they include; Algeria, Bangladesh, Bolivia, Egypt , Iraq, Morocco, Nepal. Title: Re: Countries that still don’t like bitcoin. Post by: TheUltraElite on September 09, 2025, 12:07:11 PM Like is a subjective thing to say.
The objective thing is to see which countries have the highest punishment for owning or using crypto. That indirectly goes towards those who are taxing the maximum on crypto capital gains or in some other manner. My country has 30% tax on capital gains, which is actually lower than some other countries. I am sure our neighbors will soon realize the importance of crypto and will revolt against their government to start accepting it. Title: Re: Countries that still don’t like bitcoin. Post by: Oshosondy on September 09, 2025, 12:58:04 PM I don't quite understand your idea. If mining is prohibited in China, then how do miners living in China mine? Or does this apply to non-residents of the country? If you do not believe, you can browse about it online. China banned bitcoin mining in 2021 or so. Before the ban, China has the highest bitcoin mining hash rate but the ban make mining hash rates in United States to increase and surpass China. Miners also went to Kazakhstan which not long after become the third highest. Mining hash rate in China dropped significantly, maybe they use Tor or VPN but later it get to second highest. Title: Re: Countries that still don’t like bitcoin. Post by: Stepstowealth on September 09, 2025, 01:40:47 PM I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? Some people will regret it a lot by the the time their government changes their opinion on bitcoin because they would have missed a lot of opportunities already, good opportunities to buy into the market because by then bitcoin must have made significant increase. Information is everywhere, and a part of being enlightened is knowing how to search for information from the internet. With information you will know if the decision your government has made about bitcoin is from a place of care for the citizens, or from fear of what it can cause to their financial systems. Title: Re: Countries that still don’t like bitcoin. Post by: Woodie on September 09, 2025, 02:03:06 PM Some of these sources don't have their foot on the ground to establish which countries are Bitcoin friendly or not, their records might have been right at one point but things change and some of these countries people do use Bitcoin maybe just lack the legal backing from the government to make it legal tender... Otherwise this should be categorized as "unknown" and not "illegal"... Anyway locals from those countries are in a better position to give their account of the legal position of BTC there.
Title: Re: Countries that still don’t like bitcoin. Post by: Aanuoluwatofunmi on September 09, 2025, 02:04:27 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries:
Let's just give it more time and patience, some will also drop from these countries mentioned above because even in UAE Bitcoin is gaining interest very much than we thought could have been challenged, while we can also see the moves by many other countries over bitcoin strategic reserve, which shows a continuous rate in the adoption of bitcoin and it's a matter of time, everyone also will soon be on the same page towards Bitcoin adoption. Title: Re: Countries that still don’t like bitcoin. Post by: lionheart78 on September 09, 2025, 02:13:08 PM So is your country still against bitcoin? We are lucky because my country, the Philippines, is somehow friendly with Bitcoin. The government once declared that Bitcoin can be accepted as mode of payment and there are several projects and seminars about blockchain integration done by the local government. Now one of the representatives submits a bill about having a Bitcoin reserve with an initial target of accumulating 10k BTC which is discuessed in this thread (https://bitcointalk.org/index.php?topic=5556303.0). As far as I know, the Philippines has never been against Bitcoin, even though in the early years of Bitcoin, banks warned several people about Bitcoin investment. Title: Re: Countries that still don’t like bitcoin. Post by: Bitcoin Smith on September 09, 2025, 02:25:48 PM I was surprised to see that India is one of the countries, where Bitcoin is legal. There were lots of forum posts about India having strict anti-crypto regulations years ago. Maybe the Indian government had changed it's position regarding Bitcoin and crypto in general. Title: Re: Countries that still don’t like bitcoin. Post by: nemesis_incarnate on September 09, 2025, 02:29:51 PM I was surprised to see that India is one of the countries, where Bitcoin is legal. There were lots of forum posts about India having strict anti-crypto regulations years ago. Maybe the Indian government had changed it's position regarding Bitcoin and crypto in general. The question for them is only how much they would bite off from the people doing it on CEXes and such.. Title: Re: Countries that still don’t like bitcoin. Post by: moneystery on September 09, 2025, 02:35:50 PM ... I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? I think the information is outdated, as Pakistan is now planning to lift the ban on digital currencies following a regulatory framework. And in China, the regulations regarding bitcoin aren't completely banned, as there are still many bitcoin holders there. In my own country, bitcoin and altcoins remain legal, but with the rule that they are only used for investment and trading, while being used as a means of payment is completely prohibited. Perhaps this rule will also change as bitcoin regulations develop in countries globally. Title: Re: Countries that still don’t like bitcoin. Post by: notocactus on September 09, 2025, 02:50:01 PM And in China, the regulations regarding bitcoin aren't completely banned, as there are still many bitcoin holders there. In all nations, you can hold your bitcoins in your non-custodial wallets and be your own custodian without any issue. Government can not do anything if you store your bitcoins in non-custodial wallets and live with a private and humble life.They only can know you have bitcoins if you announce about it on social media intentionally or just left some traces that allow them to know your identity. It's depends on your practice and whether you take care of privacy and anonymity with your Bitcoin-related practice as well as other activities online. You will surely have issues if you use bitcoins for buying, exchanging with the other people or any company when it is illegal in your country but practically around the world, nations and governments ban Bitcoin usage while locals there still invade government bans and use Bitcoin. Title: Re: Countries that still don’t like bitcoin. Post by: bitLeap on September 09, 2025, 02:51:52 PM Even if it is banned, it does not mean that bitcoin cannot be used. There are many ways in which bitcoin can always be used, held, and remain an investment alternative.
In My country where I live is very open to bitcoin. The government and its policies support bitcoin as an investment asset. For me, that is enough because we can freely own bitcoin. Title: Re: Countries that still don’t like bitcoin. Post by: Wake Up on September 09, 2025, 02:53:14 PM In Turkey, we, as a nation, have a very positive view of Bitcoin. Because Bitcoin is the most valuable investment tool that protects us from inflation. Everyone knows this now. I'd say almost everyone has a crypto wallet. However, the government has made absurd decisions regarding cryptocurrencies. They believe that all forms of illicit money are linked to cryptocurrency. That's why they've mandated a disclosure statement for any cryptocurrency deposit or withdrawal. There's no explicit ban, but everything is under control. Therefore, I can say that the independent and free economic transfers that are the essence of cryptocurrency are largely absent in Turkey.
Title: Re: Countries that still don’t like bitcoin. Post by: Y3shot on September 09, 2025, 09:20:09 PM China may not see bitcoin an a currency and they have in one way or the other banned bitcoin and bitcoin mining, but bitcoin is still mined by miners living in China and bitcoin is accepted by Chinese government as a property that their citizen can buy and hold even in the past. I'm not always bothered about countries that bitcoin is illegal because I know this won't last forever. It is just a matter of time they will understand bitcoin and accept it to be legal. I know a time is coming when country like China will be one of the biggest hodlers of bitcoin and I won't be surprised. We don't need to be worry when a country bans bitcoin, it is just that they are not yet ready on how to go about it , so at this point we shouldn't expect more from them about bitcoin, let's just give them some time .It is also good to know that no country can completely ban bitcoin. Title: Re: Countries that still don’t like bitcoin. Post by: tabas on September 09, 2025, 11:32:07 PM China They might in paper don't like it by the government. But it's known that many of its citizens have mining farm and they're one of the biggest investors in the market. So, a ban in paper and in their ruling but they can't stop people from being involved of owning and buying Bitcoin. They've got neighboring countries where its citizens can go and have the transactions done easily. So, that's just for the government but it's no secret that many of the Chinese people are holding a lot of Bitcoin and who knows if their government owns actually thousands of it but kept it secret and confidential.Title: Re: Countries that still don’t like bitcoin. Post by: JiiBs on September 09, 2025, 11:39:16 PM I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. This publication dates back to a year ago, it’s been since June of 2024 and looking back from then, you don’t need to be told that a lot has happened and changed in our world since then. There would be those countries that aren’t all that Bitcoin or cryptocurrency friendly but, many are looking to be. No nation wants to be second to what is to come and are gradually making policies that would be more accommodating of a cryptocurrency evolution. Title: Re: Countries that still don’t like bitcoin. Post by: SuperBitMan on September 10, 2025, 10:44:52 AM Bitcoin is a very good investment and the reason why a lot of countries adopted bitcoin is because bitcoin is one of the best investment right now in the world and being against Bitcoin is not the best choice the best choice is suporting Bitcoin and investing in it and also allowing your people to invest in it.
The reason why some countries are not supporting Bitcoin is because they see Bitcoin as something that can aid money laundry in their country so they prevent Bitcoin in their country to avoid this another crime, however this is not the best way to go about it, the best way to go is to accept Bitcoin in your country and then put some regulations in order to avoid some crimes, my country was seriously against bitcoin and other cryptocurrency however as Time goes on they started accepting bitcoin and then put some regulations to avoid crime using Bitcoin and I believe this is what other countries should to do. Title: Re: Countries that still don’t like bitcoin. Post by: Z-tight on September 10, 2025, 11:23:40 AM It's still rare to see a country legalize Bitcoin as currency or payment method though. AFAIK most country legalize Bitcoin as investment or property asset, which isn't aligned with Satoshi's goal about Bitcoin as P2P money. I believe when you say 'legalize BTC as a currency', you mean making it a legal tender. Yeah, right now there is no country where BTC is a legal tender, but that does not stop people from using BTC as p2p money. As long as BTC is not banned in a country, then it can be used as p2p money, you just need to find a merchant who wants to accept it or just anyone who is ready to receive BTC in exchange for something else.Title: Re: Countries that still don’t like bitcoin. Post by: Zanab247 on September 10, 2025, 11:44:11 AM We have seen countries like this before that rejected BTC at the beginning to later discover that they are doing themselves more harm for not making BTC legal in their countries. BTC is a coin government or leaders of a country cannot stop people not to have access in a country, because is a decentralized currency you don't need to take permission from government or leaders before you can use the coin for the purpose it was created.
El Salvador is a first country that made BTC legal tender for the whole world that is attracting other countries of the world to see the benefits of making BTC a legal tender in a nation, because people can buy goods and services from any part of the world as long BTC is a legal tender and pay with BTC. Title: Re: Countries that still don’t like bitcoin. Post by: avp2306 on September 10, 2025, 11:51:22 AM China They might in paper don't like it by the government. But it's known that many of its citizens have mining farm and they're one of the biggest investors in the market. So, a ban in paper and in their ruling but they can't stop people from being involved of owning and buying Bitcoin. They've got neighboring countries where its citizens can go and have the transactions done easily. So, that's just for the government but it's no secret that many of the Chinese people are holding a lot of Bitcoin and who knows if their government owns actually thousands of it but kept it secret and confidential.This is provably on papers and those officials on that country are actually the only Bitcoin haters, but their countrymen are for sure love Bitcoin to became legal in their country since they are starting to miss lots of things especially that Bitcoin is gaining lots of positive momentum. But same with other countries who lift out their bans or dislike on Bitcoin there's good chance that this country would became a Bitcoin friendly nation to. For now lets focus on those country that make Bitcoin as legal tender or at least they became open for usage also investment. Title: Re: Countries that still don’t like bitcoin. Post by: Patikno on September 10, 2025, 12:30:15 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries: Even in the latest news I found, Pakistan has an agreement with El Salvador for public sector adoption, blockchain-based financial inclusion, and policy design for developing economies, and according to the information, the agreement came after Pakistan's announcement of the establishment of their strategic Bitcoin reserve.
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? Source : LatinaAmericaReports.com - El Savador and Pakistan pledge strategic collaboration in Bitcoin Field (https://www.latinamericareports.com/el-salvador-and-pakistan-pledge-strategic-collaboration-in-bitcoin-field/11855/) By the way, fortunately, my country is no longer against Bitcoin, it was once skeptical of cryptocurrencies, especially Bitcoin. However, after a meeting with one of the founders of a centralized crypto exchange in my country, regulations began to be implemented, and Bitcoin and other cryptocurrencies are now accepted, although as a tradable commodity asset, they are not yet legal tender. Some time ago, there was a discussion within the government to make Bitcoin a strategic reserve, but there has been no further news, I hope it will actually come to fruition. Related references: Cointelegraph.com (https://cointelegraph.com/news/indonesia-exploring-bitcoin-reserve-strategy) & IndonesiaCrypto.network - Indonesia's Bitcoin Reserve Debate: OJK Responds to Danantara's Crypto Proposal (https://indonesiacrypto.network/blog/indonesias-bitcoin-reserve-debate-ojk-responds-to-danantaras-crypto-proposal) Title: Re: Countries that still don’t like bitcoin. Post by: Razmirraz on September 10, 2025, 01:56:33 PM As time goes by and Bitcoin becomes more widely adopted, the number of countries that dislike Bitcoin is decreasing. It must be admitted that no country has been able to stem the Bitcoin explosion, even though the country has banned Bitcoin and openly rejected the presence of Bitcoin, its circulation and mining cannot be completely stopped.
The firm stance on Bitcoin will naturally soften as state officials become aware of the enormous potential that Bitcoin can generate. Eventually, the harsh rules against Bitcoin presence will soften by themselves after they see superpowers increasingly accumulating Bitcoin as a national reserve asset. Title: Re: Countries that still don’t like bitcoin. Post by: henry_of_skalitz on September 10, 2025, 01:58:41 PM As time goes by and Bitcoin becomes more widely adopted, the number of countries that dislike Bitcoin is decreasing. It must be admitted that no country has been able to stem the Bitcoin explosion, even though the country has banned Bitcoin and openly rejected the presence of Bitcoin, its circulation and mining cannot be completely stopped. The firm stance on Bitcoin will naturally soften as state officials become aware of the enormous potential that Bitcoin can generate. Eventually, the harsh rules against Bitcoin presence will soften by themselves after they see superpowers increasingly accumulating Bitcoin as a national reserve asset. I agree. No country ot legislative power can deny BTC being used by its people. It's only a question of time. Title: Re: Countries that still don’t like bitcoin. Post by: Promocodeudo on September 10, 2025, 02:35:08 PM This publication dates back to a year ago, it’s been since June of 2024 and looking back from then, you don’t need to be told that a lot has happened and changed in our world since then. There would be those countries that aren’t all that Bitcoin or cryptocurrency friendly but, many are looking to be. No nation wants to be second to what is to come and are gradually making policies that would be more accommodating of a cryptocurrency evolution. In as much as I agree to jwta you've said, there are still countries that are playing on their own intelligence but one thing I know about some policies is just a matter of individual leadership, in this contemporary age if any country isn't accepting innovation like Bitcoin, is either such country leader is afraid of the technology that comes with Bitcoin which is Blockchain technology or there are hidden things they have in mind which we may not know about that's why it is very good that have visionary leaders in power, leaders that has passion for advance technology, mate most president are myopic I would've mentioned some of them but a talk for another day.Title: Re: Countries that still don’t like bitcoin. Post by: Awaklara on September 10, 2025, 02:50:11 PM So is your country still against bitcoin? The government in my country does not prohibit Bitcoin. We have a few local exchanges, but like most other countries, Bitcoin is legal as an investment asset, not as a means of payment. Therefore, more people are buying and holding Bitcoin, rather than using it. Perhaps in the future, with the impact of the craziness of the government in printing paper money, we may see some awareness that will lead to the adoption of Bitcoin for use as a transaction tool. But for now, we will only have it as an investment asset. Title: Re: Countries that still don’t like bitcoin. Post by: HONDACD125 on September 10, 2025, 03:13:15 PM As time goes by and Bitcoin becomes more widely adopted, the number of countries that dislike Bitcoin is decreasing. It must be admitted that no country has been able to stem the Bitcoin explosion, even though the country has banned Bitcoin and openly rejected the presence of Bitcoin, its circulation and mining cannot be completely stopped. The firm stance on Bitcoin will naturally soften as state officials become aware of the enormous potential that Bitcoin can generate. Eventually, the harsh rules against Bitcoin presence will soften by themselves after they see superpowers increasingly accumulating Bitcoin as a national reserve asset. Well, they barely have a choice now when they can see that the whole world is getting crazy about it. It's not only about other countries accepting Bitcoin and embracing the technology, it's also about their own people who are involved despite the officials having bans or sanctions on the assets and their usage. They know they tried but couldn't stop the force, and now they are forced to change their stance even if they don't like it or don't want to, because you can't convince me that the governments or traditional financial institutions are happy with this change. They may make announcement for legalizing Bitcoin and trying to show support for it, they might convince banks and traditional financial institutions to loosen their restrictions and allow people to do everything freely only with some regulations, but deep down, they don't like it, but they have to do it if they want to keep getting support that they want from their people, because if they keep opposing what people like, they are not going to get any support from them, and they can't afford to do that. Title: Re: Countries that still don’t like bitcoin. Post by: kotajikikox on September 10, 2025, 03:21:18 PM Even in the latest news I found, Pakistan has an agreement with El Salvador for public sector adoption, blockchain-based financial inclusion, and policy design for developing economies, and according to the information, the agreement came after Pakistan's announcement of the establishment of their strategic Bitcoin reserve. Even CZ I think met with leaders of Pakistan. It really seems like Pakistan is going out of their way to learn about crypto and use it in their country wisely. I am curious what they could do in the future with crypto.Quote By the way, fortunately, my country is no longer against Bitcoin, it was once skeptical of cryptocurrencies, especially Bitcoin. Good for you, mate. I hope that someday I could say the same about my country. For now, it is not completely against bitcoin but not all in support either.Title: Re: Countries that still don’t like bitcoin. Post by: Hamza2424 on September 10, 2025, 04:01:55 PM I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? The list is literally outdated, you can see the last update on that article. Although we must read the latest articles about this because these are updates and they change regularly, the ban was lifted by the Pakistan government and they have also made a crypto council whose CEO is already doing great when they got Michael Saylor and CZ on board as crypto advisors.The adoption in Pakistan is very huge because they even have plans to mine Bitcoin and also to store Bitcoin in the national reserves. The countries that are still against crypto are not doing right with their economy, although we can even say it is pressure from the higher authorities, you know what I mean, in short, from the authorities with whom they have taken loan, or made policies with or some kind of deal. Title: Re: Countries that still don’t like bitcoin. Post by: hyudien on September 10, 2025, 04:21:05 PM I think more countries are now pro-Bitcoin, around 60% according to the data. However legalization as a legal tender is likely still limited, meaning most countries currently only legalize Bitcoin as an investment asset, as is the case in my country.
After being curious about the list of countries you shared, I researched which countries are currently open. This may be a bit old news but I think it's good news for those who aren't familiar with it. Before Pakistan recently opened up to Bitcoin, Texas followed New Hampshire's lead in adopting Bitcoin as a strategic reserve. https://en.wikipedia.org/wiki/Texas_Strategic_Bitcoin_Reserve?utm_source=chatgpt.com Title: Re: Countries that still don’t like bitcoin. Post by: tabas on September 10, 2025, 04:31:34 PM China They might in paper don't like it by the government. But it's known that many of its citizens have mining farm and they're one of the biggest investors in the market. So, a ban in paper and in their ruling but they can't stop people from being involved of owning and buying Bitcoin. They've got neighboring countries where its citizens can go and have the transactions done easily. So, that's just for the government but it's no secret that many of the Chinese people are holding a lot of Bitcoin and who knows if their government owns actually thousands of it but kept it secret and confidential.This is provably on papers and those officials on that country are actually the only Bitcoin haters, but their countrymen are for sure love Bitcoin to became legal in their country since they are starting to miss lots of things especially that Bitcoin is gaining lots of positive momentum. But same with other countries who lift out their bans or dislike on Bitcoin there's good chance that this country would became a Bitcoin friendly nation to. For now lets focus on those country that make Bitcoin as legal tender or at least they became open for usage also investment. Even those that don't have any plans of making it as a legal tender but, they're a Bitcoin friendly countries.Title: Re: Countries that still don’t like bitcoin. Post by: sana54210 on September 10, 2025, 04:59:32 PM My nation doesn't ban it neither, but it can do a fine job eventually, we just need to make it a bit better. I lived in the period when it was totally banned, and now I am living in a period where individuals are free to use it if they want to, but if we really want to grow, then we need to reach that legal tender / strategic reserve period because that is how you actually grow.
I mean I do not want much from my nation, I just expect them to keep the seized bitcoins and not sell them, put it in treasury and not move it. If they do that, we would get billions every year, and that would be enough. Maybe not billions, but it surely would be big. So that could be used to pay some of the debt at least, when it's big enough. But mostly just hold it. Title: Re: Countries that still don’t like bitcoin. Post by: Mahiyammahi on September 10, 2025, 05:27:56 PM I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? Our country also thinks Bitcoin is illegal 🥲. Still I'm acquiring some , am I getting some punishment in future? For my country government is showing cold eyes in crypto transaction untill it connected with casino/arm deal. They protraited BTC in wrong way , mixing up casino with crypto which is sad. We're still lacking expertise/expert news reporter in this sector. Our people are learning BTC as a bad thing to acquire, which is totally lack of knowledge. I hope in future our country will also starts accepting BTC Title: Re: Countries that still don’t like bitcoin. Post by: Royal Cap on September 11, 2025, 03:19:22 AM Yes, brother, Bitcoin is illegal in our country. But if you look at the way news presenters present the news, it seems that all the immoral acts and scams are done through this crypto. Because of this, the general public thinks that Bitcoin is really a bad thing.
But if reporters present this Bitcoin well, then hopefully Bitcoin will become legal in our country soon. Personally, I think that if Bitcoin is legal in the country, the government of our country will benefit more, Because then their reserves will be stronger and they will be able to collect taxes from consumers like us. Title: Re: Countries that still don’t like bitcoin. Post by: LDL on September 11, 2025, 04:45:25 AM Gradually, all countries in the world will express interest in Bitcoin, but it may not be very soon, but in the future, all countries will prioritize Bitcoin alongside gold in their strategic reserves. When I talk about 2009, when Bitcoin was created, imagine how many people and countries in the world were interested in Bitcoin. Maybe zero percent of people were confident and interested in Bitcoin, but now compare how much different countries in the world have become interested and confident in Bitcoin. Now, Bitcoin has been and is being decided to be kept alongside gold in the strategic reserves of El Salvador, the United States, Kazakhstan, Japan, and some other countries. Countries that have had a negative attitude towards Bitcoin so far will soon develop full confidence and interest in Bitcoin in the future.
Title: Re: Countries that still don’t like bitcoin. Post by: Iranus on September 11, 2025, 05:49:53 AM Perhaps in the future, with the impact of the craziness of the government in printing paper money, we may see some awareness that will lead to the adoption of Bitcoin for use as a transaction tool. But for now, we will only have it as an investment asset. Becoming a transaction tool or alternative means of payment is not a big deal. I think as bitcoin becomes more popular and used by more people, the government may legalize it. But bitcoin becoming a currency is another matter and I think it will never happen. The government will not agree because this will not only affect the government's power but also cause chaos in the economy. Remember, the government agreed to abandon the gold standard over 50 years ago and they have no intention of returning to the gold standard. If they don't want to go back to the gold standard, there's no reason they would agree to use bitcoin, which has a lot in common with the gold standard. Title: Re: Countries that still don’t like bitcoin. Post by: Bd officer on September 11, 2025, 06:39:39 AM Yes, brother, Bitcoin is illegal in our country. But if you look at the way news presenters present the news, it seems that all the immoral acts and scams are done through this crypto. Because of this, the general public thinks that Bitcoin is really a bad thing. In fact, the banks of our country are against Bitcoin, they think that if Bitcoin is legalized in the country, illegal transactions through Bitcoin will increase, money laundering will be easier and various other illegal activities will increase, due to these reasons Bitcoin has been declared illegal in our country. And very few people in our country know about Bitcoin, now instead of time many more people will know about Bitcoin and be interested, maybe then our country's government can think about Bitcoin. And the popularity of Bitcoin is increasing around the world, different countries are accepting Bitcoin, so hopefully one day Bitcoin will be legalized in our country too. But I don't think it will happen soon, maybe it will take a lot of time. We are far behind here, but we can buy/sell bitcoins even though bitcoins are legal, we are happy with this aspect.But if reporters present this Bitcoin well, then hopefully Bitcoin will become legal in our country soon. Personally, I think that if Bitcoin is legal in the country, the government of our country will benefit more, Because then their reserves will be stronger and they will be able to collect taxes from consumers like us. Title: Re: Countries that still don’t like bitcoin. Post by: fuguebtc on September 11, 2025, 08:10:07 AM Gradually, all countries in the world will express interest in Bitcoin, but it may not be very soon, but in the future, all countries will prioritize Bitcoin alongside gold in their strategic reserves. When I talk about 2009, when Bitcoin was created, imagine how many people and countries in the world were interested in Bitcoin. Maybe zero percent of people were confident and interested in Bitcoin, but now compare how much different countries in the world have become interested and confident in Bitcoin. Now, Bitcoin has been and is being decided to be kept alongside gold in the strategic reserves of El Salvador, the United States, Kazakhstan, Japan, and some other countries. Countries that have had a negative attitude towards Bitcoin so far will soon develop full confidence and interest in Bitcoin in the future. As of now, there are not too many countries in the world that ban bitcoin. As far as I know, there are only about 10 countries that still maintain an outright ban on bitcoin. Therefore, I think it won't take long for bitcoin to become legal globally. But adding bitcoin to national reserves is a much bigger deal and I don't think countries around the world will be rolling out this idea anytime soon. Of the countries you mentioned, only El Salvador has bitcoin reserves and Kazakhstan is the latest country to announce it will add bitcoin to its national reserves. However, it should be noted that the legal framework is not 100% complete yet, but their president is pushing for it to be completed soon. Japan and the US do not have strategic bitcoin reserves. The US Strategic Bitcoin Reserve is just an executive order, not an "ACT" so it cannot be called a national reserve. Currently, only three countries have strategic bitcoin reserves, El Salvador, Bhutan, and Kazakhstan. Title: Re: Countries that still don’t like bitcoin. Post by: The Cryptovator on September 11, 2025, 08:22:35 AM I know they are backdated. I had been living in Saudi Arabia for a long time due to a job. They banned Bitcoin when I was there; I still had been using Bitcoin from there. However, they don't like legalised Bitcoin, which means they are missing the opportunity of Bitcoin advantage. It's not only about Saudi Arabia; those who have banned Bitcoin are stupid. If big countries like the USA are adapting Bitcoin, then why should developing countries ban it? Because they don't have enough knowledge about the technology. They still want to be backdated.
However, though my country isn't on your list, my country also banned Bitcoin. The government are just busy filling their pockets; they don't focus on developing the country. They don't want to make their citizens rich; instead, they want to become the richest person in the world. Title: Re: Countries that still don’t like bitcoin. Post by: yhiaali3 on September 11, 2025, 09:20:19 AM There are still many countries that ban Bitcoin, or at least consider Bitcoin and cryptocurrencies illegal, even if they prohibit trading in them completely.
A few days ago, my country's central bank issued a decision declaring Bitcoin and cryptocurrencies illegal and the sole responsibility of those who trade in them. But the government has not issued any laws banning Bitcoin or criminalizing its traders, and there are no confiscation or imprisonment sentences. Title: Re: Countries that still don’t like bitcoin. Post by: ultrloa on September 11, 2025, 09:31:36 AM There are still many countries that ban Bitcoin, or at least consider Bitcoin and cryptocurrencies illegal, even if they prohibit trading in them completely. A few days ago, my country's central bank issued a decision declaring Bitcoin and cryptocurrencies illegal and the sole responsibility of those who trade in them. But the government has not issued any laws banning Bitcoin or criminalizing its traders, and there are no confiscation or imprisonment sentences. That's awful declaration since imagine that lots of country right now if now became a Bitcoin friendly nation they are at least allowed people to do transaction using those asset. But it seems that your government only understand the risk, but doesn't know how to use this asset or regulate it in favor to their citizen. To bad that you have bad politician on your country and maybe they are only thinking about enriching theirselves then doesn't want to help people to progress. Although even if they don't issue those things you have mentioned but for saying Bitcoin and cryptocurrency is illegal is somehow giving bad taste on this asset. Maybe they are doing mind conditioning and they are thinking about implementing some bad things against Bitcoin and cryptocurrencies. Title: Re: Countries that still don’t like bitcoin. Post by: Judith87403 on September 11, 2025, 09:35:29 AM So is your country still against bitcoin? The government in my country does not prohibit Bitcoin. We have a few local exchanges, but like most other countries, Bitcoin is legal as an investment asset, not as a means of payment. Therefore, more people are buying and holding Bitcoin, rather than using it. Perhaps in the future, with the impact of the craziness of the government in printing paper money, we may see some awareness that will lead to the adoption of Bitcoin for use as a transaction tool. But for now, we will only have it as an investment asset. That's exactly how it is in my country, here the government is against crypto currency but they haven't make any decision about if they're going to allow the citizens to make use of the currency or to ban it entirely so right now the only thing we could do is to purchase it online and then hold it in our wallets or exchange but if it is to make it a legal tender in my country I don't think if the government can decide to do such. The reason why most of this countries has beginning to dislike bitcoin is due to the fact that bitcoin is indirectly trying to replace fiat because Alot of people have chosen to move all thier savings into bitcoin, they're not just doing that for any other reason if not to escape inflation but seems that the government is not just seeing it from this perspective. Title: Re: Countries that still don’t like bitcoin. Post by: badtrip on September 11, 2025, 09:55:24 AM These countries are far behind in almost everything. Why should this be surprising? If a country is behind in technology race they can't grow as much as others. That includes Bitcoin as well.
Title: Re: Countries that still don’t like bitcoin. Post by: Boiboi20 on September 11, 2025, 12:14:10 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries: I can say that my country is not against Bitcoin, even though Bitcoin is illegal in my country, we can easily ensure the use of Bitcoin from our country. Although Bitcoin cannot be sold directly in my country, we can use Bitcoin in any work or field by converting it into the local currency of my country through p2p transactions, and there will be no problem. If my country was against Bitcoin, we would not have been able to use Bitcoin like this, maybe we would not have been able to use Bitcoin at all, if we had used it, various administrative problems would have been created. I hope that my country will continue to see Bitcoin the way it is now, but I also hope that my country will give legality one day..
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? These days hearing that a country is making bitcoin legal is not really big news anymore it happens so often that we anymore it happen so often that we almost forget some countries still don’t like it even saw a list saying place like it even saw a list saying place like. Saudi Arabia, chaina, Tunisian, Pakistan, and Bolivia still consider bitcoin illegal but I recently read some news about Pakistan changing it is stance so that list might already be outdated. However in my country banladesh bitcoin is technically illegal too but it is not completely banned in practice people still use it through P2P trade and convert into local currency without much trouble if the government was truly against it using bitcoin would be nearly impossible but that is not the case I just hope one day it become fully legal here it would make life much easier for everyone who use it . Title: Re: Countries that still don’t like bitcoin. Post by: hero_the_bossman on September 11, 2025, 12:32:33 PM These countries are far behind in almost everything. Why should this be surprising? If a country is behind in technology race they can't grow as much as others. That includes Bitcoin as well. Some smaller countries are more inclined towards crypto because it's the edge they can try and take to become better at something / become a hub for it. Take El Sal, it's small, not ahead of anyone that much (as far as I know), yet it chose its path toward BTC. Title: Re: Countries that still don’t like bitcoin. Post by: Outhue on September 11, 2025, 12:33:21 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries:
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? The China part is not true, they are deceiving the world pretending as if they don't care about Bitcoin but in the back they are accumulating Bitcoin, after united states of America, China is the next that's good at manipulation. The administrative region of China (Hong Kong) for example is the home base of everything digital currencies and products, China is so into technology than every other countries in the world, they are living in the future and they know how good Bitcoin really is. China bans Bitcoin today, and lift the ban tomorrow, they have been doing this since 2016 that I know about Bitcoin, one moment they show the world the hate they have on digital currency and the next they show some love again, it's all about manipulation Title: Re: Countries that still don’t like bitcoin. Post by: melinoe on September 11, 2025, 12:37:15 PM The China part is not true, they are deceiving the world pretending as if they don't care about Bitcoin but in the back they are accumulating Bitcoin, after united states of America, China is the next that's good at manipulation. The administrative region of China (Hong Kong) for example is the home base of everything digital currencies and products, China is so into technology than every other countries in the world, they are living in the future and they know how good Bitcoin really is. China bans Bitcoin today, and lift the ban tomorrow, they have been doing this since 2016 that I know about Bitcoin, one moment they show the world the hate they have on digital currency and the next they show some love again, it's all about manipulation They also have lots of computing power in the back, using different methods to deceive the system / regualtions in place, so I agree. Though, it would be nicer to just lift off the regulations like that all together and be open about it.. Title: Re: Countries that still don’t like bitcoin. Post by: Marvell1 on September 11, 2025, 01:14:09 PM The China part is not true, they are deceiving the world pretending as if they don't care about Bitcoin but in the back they are accumulating Bitcoin, after united states of America, China is the next that's good at manipulation. The administrative region of China (Hong Kong) for example is the home base of everything digital currencies and products, China is so into technology than every other countries in the world, they are living in the future and they know how good Bitcoin really is. China bans Bitcoin today, and lift the ban tomorrow, they have been doing this since 2016 that I know about Bitcoin, one moment they show the world the hate they have on digital currency and the next they show some love again, it's all about manipulation Do you have any convincing evidence that China is lying to the world and secretly accumulating bitcoins? Come on, they have been publicly banning the crypto industry since 2017, and there is no sign that they will lift this ban anytime soon. We don't have to fool ourselves into thinking that they value bitcoin, or that bitcoin is some incredibly important thing that any country should have. Are you wondering why Hong Kong is crypto friendly while China is not? Simply because although Hong Kong is part of Chinese territory, but they operate under the principle of 1 country 2 systems according to the 1971 treaty. That means Hong Kong has autonomy over financial and economic policy. Title: Re: Countries that still don’t like bitcoin. Post by: betswift on September 11, 2025, 01:21:19 PM The China part is not true, they are deceiving the world pretending as if they don't care about Bitcoin but in the back they are accumulating Bitcoin, after united states of America, China is the next that's good at manipulation. The administrative region of China (Hong Kong) for example is the home base of everything digital currencies and products, China is so into technology than every other countries in the world, they are living in the future and they know how good Bitcoin really is. China bans Bitcoin today, and lift the ban tomorrow, they have been doing this since 2016 that I know about Bitcoin, one moment they show the world the hate they have on digital currency and the next they show some love again, it's all about manipulation Do you have any convincing evidence that China is lying to the world and secretly accumulating bitcoins? Come on, they have been publicly banning the crypto industry since 2017, and there is no sign that they will lift this ban anytime soon. We don't have to fool ourselves into thinking that they value bitcoin, or that bitcoin is some incredibly important thing that any country should have. Are you wondering why Hong Kong is crypto friendly while China is not? Simply because although Hong Kong is part of Chinese territory, but they operate under the principle of 1 country 2 systems according to the 1971 treaty. That means Hong Kong has autonomy over financial and economic policy. They confiscated (https://cointelegraph.com/explained/which-countries-secretly-own-the-most-bitcoin-beyond-the-us-and-china) lots of BTCs in 2019, and who knows what they did with it in the end, other than just slowly get rid of it eventually. More research is needed, but, overall, I wouldn't be suprised if that was the case. Title: Re: Countries that still don’t like bitcoin. Post by: uneng on September 11, 2025, 02:18:22 PM What does it mean to like or dislike Bitcoin? As I see, when a government regulates Bitcoin, it doesn't mean they like Bitcoin, because they are changing the way how Bitcoin was supposed to work, in a decentralized and simple for any individuals in the world. It's not because Bitcoin is being legalized in some countries that they like Bitcoin.
It's more like the government had no choice, besides embracing Bitcoin on their own terms, that is, enforcing lots of regulations and bureaucracy in order to allow the citizens to still make use of Bitcoin somehow. Fact is that it was much better some time ago, when countries/governments didn't even know about Bitcoin's existence. Title: Re: Countries that still don’t like bitcoin. Post by: pawanjain on September 11, 2025, 02:30:35 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries:
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? You are right. The list seems to be outdated. The news about Pakistan looking at the possibilities of keeping bitcoin as a national reserve was from this year i.e. 2025. However, if you look at the investopedia article it is clearly mentioned that it was last updated in mid 2024 which shows that it is a year old article. This also shows how quickly can things change. I hope my country look at the possibilities of keeping a bitcoin strategic reserve too. Title: Re: Countries that still don’t like bitcoin. Post by: melinoe on September 11, 2025, 02:32:03 PM What does it mean to like or dislike Bitcoin? As I see, when a government regulates Bitcoin, it doesn't mean they like Bitcoin, because they are changing the way how Bitcoin was supposed to work, in a decentralized and simple for any individuals in the world. It's not because Bitcoin is being legalized in some countries that they like Bitcoin. It's more like the government had no choice, besides embracing Bitcoin on their own terms, that is, enforcing lots of regulations and bureaucracy in order to allow the citizens to still make use of Bitcoin somehow. Fact is that it was much better some time ago, when countries/governments didn't even know about Bitcoin's existence. To allow BTC for the gov is to regulate it, because how you can think of letting people doing something without the vigilance of the people that are working towards letting every bit of info being tracked and known? Title: Re: Countries that still don’t like bitcoin. Post by: Zlantann on September 11, 2025, 03:00:01 PM The China part is not true, they are deceiving the world pretending as if they don't care about Bitcoin but in the back they are accumulating Bitcoin, after united states of America, China is the next that's good at manipulation. The administrative region of China (Hong Kong) for example is the home base of everything digital currencies and products, China is so into technology than every other countries in the world, they are living in the future and they know how good Bitcoin really is. There is no proof that China is secretly accumulating Bitcoin. I agree that allowing Hong Kong to become friendly might be suspicious but it is not also a basis to conclude that China is buying and keeping Bitcoin. China has been experimenting with Central Bank Digital Currency (CBDC) which might be an indication that they might be establishing a digital Chinese yuan. These countries are far behind in almost everything. Why should this be surprising? If a country is behind in technology race they can't grow as much as others. That includes Bitcoin as well. There are also other countries that also have stringent Bitcoin policies. Algeria, Morocco, and Egypt should also be included in the list. I suppose religion also plays some significant role in the approach of these countries toward cryptocurrencies. Title: Re: Countries that still don’t like bitcoin. Post by: suzanne5223 on September 11, 2025, 07:42:45 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries: First, let's understand that no matter the potential and the benefit Bitcoin presents, some people/countries will never like Bitcoin due to their own naive reasons.
Having said that, China shouldn't be listing anymore the countries that never like Bitcoin. What happens is that their stance towards BTC is to get benefit from it because some Chinese are still allowed to mine BTC in their country, and if the government doesn't support its citizens, they won't do it. About some Middle Eastern countries, not liking Bitcoin is a normal thing due to religion, personal understanding, and political stance towards BTC Title: Re: Countries that still don’t like bitcoin. Post by: GeorgeJohn on September 11, 2025, 09:47:42 PM These countries are far behind in almost everything. Why should this be surprising? If a country is behind in technology race they can't grow as much as others. That includes Bitcoin as well. Some smaller countries are more inclined towards crypto because it's the edge they can try and take to become better at something / become a hub for it. Title: Re: Countries that still don’t like bitcoin. Post by: _BlackStar on September 11, 2025, 10:07:35 PM El Salvador was the first country to legalize bitcoin as legal tender and the Central African Republic was the second. To date, only the two countries mentioned above have legalized bitcoin as legal tender - while most others only legalize it in limited ways, such as as an investment asset or commodity. There are some countries in the world with regulations that completely banned all bitcoin transactions or owning them - but bitcoin cannot be completely banned and there are always ways to own it.
Government regulations and policies can change at any time and we may see the rules were softened in the future. It's not impossible to see China and many other countries legalizing the use of Bitcoin as a currency in the future - but providing access to trade and investment is the most feasible idea to pursue first to ensure the people's economy grows. Title: Re: Countries that still don’t like bitcoin. Post by: arwin100 on September 11, 2025, 11:03:57 PM El Salvador was the first country to legalize bitcoin as legal tender and the Central African Republic was the second. To date, only the two countries mentioned above have legalized bitcoin as legal tender - while most others only legalize it in limited ways, such as as an investment asset or commodity. There are some countries in the world with regulations that completely banned all bitcoin transactions or owning them - but bitcoin cannot be completely banned and there are always ways to own it. Government regulations and policies can change at any time and we may see the rules were softened in the future. It's not impossible to see China and many other countries legalizing the use of Bitcoin as a currency in the future - but providing access to trade and investment is the most feasible idea to pursue first to ensure the people's economy grows. Also it explains here the severity of banning for each country on Bitcoin https://www.coingecko.com/learn/countries-ban-bitcoin But somehow I don't care much about those countries having this implementation since even if they are not participating nor investing on Bitcoin still we see this asset succeed. And its more good to follow the updates about what happened on those countries legalize Bitcoin like El Salvador and so far as we can see they are doing good and gain lots of good benefits for adapting Bitcoin. If those countries ban Bitcoin think the same as El Salvador and Central African Republic there's good chance that they can also gain positive result with this, also they can give opportunity to their citizens to gain something from Bitcoin or maybe with other cryptocurrencies to. Title: Re: Countries that still don’t like bitcoin. Post by: DanWalker on September 12, 2025, 03:15:53 AM El Salvador was the first country to legalize bitcoin as legal tender and the Central African Republic was the second. To date, only the two countries mentioned above have legalized bitcoin as legal tender - It's true that El Salvador and the Central African Republic were the first two countries to legalize bitcoin as legal tender, but that was in the past. The Central African Republic declared the idea of making bitcoin a legal tender failed after just one year, and if I remember correctly, they legalized bitcoin in April 2022 and declared it failed in April 2023. Meanwhile, earlier this year, El Salvador also officially abolished the regulation that considered bitcoin as legal tender. Currently, Bitcoin is only an optional means of payment in their country. Currently, no country has legalized bitcoin as legal tender. https://www.talkimg.com/images/2025/09/12/UCuwFw.png https://bitcoinmagazine.com/culture/why-bitcoin-failed-in-car Title: Re: Countries that still don’t like bitcoin. Post by: bitwalhr on September 12, 2025, 05:27:11 AM OP is having nothing new because this article is having not best to talk about Bitcoin legal and illegal tender many countries are doing good development for this even China is still strict and not going to have any soft policy about this, but Pakistan is doing good job despite having too many problems which needed to be fixed.
Corruption and bad management is always problem for Pakistan but still recent development is good for setting things to bring soft policies for crypto and Bitcoin with many P2P sites are working now which are good, but they need to have strong strategy which will increase foreign investment and also bring good number of jobs in tech sector because they have potential but sadly always missed due to peoples those are sitting have no ability to done good and strong decisions for country. Title: Re: Countries that still don’t like bitcoin. Post by: bubilas on September 12, 2025, 12:55:23 PM China may not see bitcoin an a currency and they have in one way or the other banned bitcoin and bitcoin mining, but bitcoin is still mined by miners living in China and bitcoin is accepted by Chinese government as a property that their citizen can buy and hold even in the past. It is also good to know that no country can completely ban bitcoin. I also like the fact that no one can ban Bitcoin. When I lived in Russia in 2022, all money transfers were banned there, and I couldn't send money to my parents. But I wasn't desperate because I called my crypto friend and sent money through him. It was very nice that I wasn't stopped by the circumstances the government put me in. That's why I think there is no country that could successfully ban cryptocurrencies. Title: Re: Countries that still don’t like bitcoin. Post by: free-bit.co.in on September 12, 2025, 03:20:30 PM The China part is not true, they are deceiving the world pretending as if they don't care about Bitcoin but in the back they are accumulating Bitcoin, after united states of America, China is the next that's good at manipulation. Don't make statements based on such judgment alone, without evidence we should not rush to any conclusions. So far, China has completely banned cryptocurrencies and this ban has been going on for years. That is the only truth, there are no secrets. The administrative region of China (Hong Kong) for example is the home base of everything digital currencies and products, China is so into technology than every other countries in the world, they are living in the future and they know how good Bitcoin really is. China bans Bitcoin today, and lift the ban tomorrow, they have been doing this since 2016 that I know about Bitcoin, one moment they show the world the hate they have on digital currency and the next they show some love again, it's all about manipulation Hong Kong is a special administrative region and has autonomy. They have their own governments, their own trade policies, and their own currencies. They do not necessarily always have to follow orders or instructions from China. Bitcoin and the market seem to no longer care about China and are no longer influenced by them, how can say they are manipulating? Title: Re: Countries that still don’t like bitcoin. Post by: Franctoshi on September 12, 2025, 04:30:08 PM Bitcoin has passed the stage that if a country bans it right now, and it will cause huge panic in the market, but rather other people will see it as opportunity if that country has Bitcoin and decides to sell it. it was before that such used affect the performance of Bitcoin when released, Bitcoin is now a mature asset and you can't afford to totally ban it, if a country bans Bitcoin right now they’re even missing out on its potential investment opportunities it has, since China with huge population bans Bitcoin, it hasn't stopped the price from making a new all time highs or to appreciate in value.
Title: Re: Countries that still don’t like bitcoin. Post by: cr1776 on September 13, 2025, 12:27:05 AM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries:
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? I'd add the EU countries to the list: they want to control money to control and exploit people. The left who controls the EU won't give up the power over people easily. Title: Re: Countries that still don’t like bitcoin. Post by: Muba20 on September 13, 2025, 06:14:54 AM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries: Bitcoin was banned in China, it was not completely banned, but last May they imposed new restrictions. The restrictions also prohibit the personal ownership of cryptocurrency. That is, Bitcoin or any cryptocurrency cannot be used as an asset (https://www.binance.com/en/square/post/24961739652153). However, despite such a ban, there is no way to say that Bitcoin is not being holding. Because it can be kept secret, anyone can use it.
Pakistan also had a ban earlier, but they are gradually trying to be flexible. Recently, the government has a positive view of Bitcoin reserves, but as far as I know, there has not been any decision in the country that allows the use of Bitcoin. It is hoped that a permanent solution will be found soon. Title: Re: Countries that still don’t like bitcoin. Post by: Bitcoin_people on September 13, 2025, 09:14:01 AM China may not recognize Bitcoin as a currency now because we have seen that in the past they have emphasized a lot on Bitcoin, they used to declare it legal and then illegal many times. However, Tunisia and Bolivia and Saudi Arabia still have Bitcoin banned in these countries and they may declare it legal in the future but it may be a long time. However, although China is currently illegal, they still invest a lot in Bitcoin and they may not be publicly disclosed. However, we saw a news a few days ago where Pakistan planned to invest Bitcoin in their national reserve, but they have not yet fully legalized Bitcoin. Anyway, since these countries are still looking at Bitcoin as illegal at the moment, I think they will definitely legalize Bitcoin someday.
Title: Re: Countries that still don’t like bitcoin. Post by: CryptoYar on September 13, 2025, 10:11:35 AM Information you found about Pakistan stance on Bitcoin is outdated. News you read about Pakistan plan for national Bitcoin reserve is correct and shows recent major change in our country policy. Our government is now embracing blockchain and views Bitcoin as long term strategic asset. This new plan which includes launching national Bitcoin wallet shows that Pakistan is now joining other countries that are exploring digital assets. This situation shows common problem because cryptocurrency rules change so fast lists on internet can quickly become outdated.
Title: Re: Countries that still don’t like bitcoin. Post by: ndutndut on September 13, 2025, 03:25:20 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. It's still rare to see a country legalize Bitcoin as currency or payment method though. AFAIK most country legalize Bitcoin as investment or property asset, which isn't aligned with Satoshi's goal about Bitcoin as P2P money. However, replacing Bitcoin as a means of transaction in a country or replacing fiat currencies is still highly unlikely, as it would violate the laws of every country that has its own currency for transactions. Title: Re: Countries that still don’t like bitcoin. Post by: Danica22 on September 13, 2025, 03:49:21 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. It's still rare to see a country legalize Bitcoin as currency or payment method though. AFAIK most country legalize Bitcoin as investment or property asset, which isn't aligned with Satoshi's goal about Bitcoin as P2P money. Although it does not align with Satoshi's goals for Bitcoin, it fits what people need today. We need to admit that most people today only see bitcoin as an investment, a tool to get rich. Not many people want to use or spend it, and I believe even if the government legalizes it as a currency or payment method. Not many people will use that way, they will still save their bitcoins with the expectation of making big profits. El Salvador is an example, their people do not use bitcoin for daily payments, they still use USD as the main means of payment. Title: Re: Countries that still don’t like bitcoin. Post by: SOKO-DEKE on September 13, 2025, 04:25:11 PM It’s not a surprise to me to see some of these countries go against Bitcoin because I know that not everyone is Bitcoin-friendly. No matter the benefits others are seeing from Bitcoin, some people will still not accept it. They will always go against it.So I believe that those in power in those countries are not Bitcoin-friendly, and for that reason, they choose to go against Bitcoin. But the fact is, the situation in these countries cannot remain the same forever. As long as Bitcoin continues to exist, there will eventually be a change of power. Those who support Bitcoin may take over leadership in those countries one day.We should also not forget that the situation can go both ways meaning that even countries currently in support of Bitcoin could turn against it in the future if power shifts to those who are not Bitcoin-friendly.
Title: Re: Countries that still don’t like bitcoin. Post by: BlackBoss_ on September 13, 2025, 05:02:26 PM It’s not a surprise to me to see some of these countries go against Bitcoin because I know that not everyone is Bitcoin-friendly. No matter the benefits others are seeing from Bitcoin, some people will still not accept it. They will always go against it.So I believe that those in power in those countries are not Bitcoin-friendly, and for that reason, they choose to go against Bitcoin. Countries where there is existence of democracy can not be against Bitcoin when their citizens love Bitcoin. The people in democrat countries have power, pressure and can use their votes to force governments serving them, accepting Bitcoin. In nations with dictators and lack of democracy, governments can do anything they want and they mostly hate Bitcoin. As they know that Bitcoin gives people own banks and can bypass many control of governments.Quote But the fact is, the situation in these countries cannot remain the same forever. As long as Bitcoin continues to exist, there will eventually be a change of power. Those who support Bitcoin may take over leadership in those countries one day.We should also not forget that the situation can go both ways meaning that even countries currently in support of Bitcoin could turn against it in the future if power shifts to those who are not Bitcoin-friendly. They have to change their national policies when the whole world change and become more Bitcoin friendly. They will no longer want to be outsiders of the Bitcoin party globally and have to accept Bitcoin. I believe that they only delay time of Bitcoin legal acceptance in their nations but you can own bitcoins a long time before that. You have freedom to buy and hold bitcoin in many ways but only need to act more carefully if it has yet been legal in your nation.Title: Re: Countries that still don’t like bitcoin. Post by: ABCbits on September 14, 2025, 09:09:54 AM These days, a country announcing that they will make bitcoin legal is not as rare anymore. It's still rare to see a country legalize Bitcoin as currency or payment method though. AFAIK most country legalize Bitcoin as investment or property asset, which isn't aligned with Satoshi's goal about Bitcoin as P2P money. However, replacing Bitcoin as a means of transaction in a country or replacing fiat currencies is still highly unlikely, as it would violate the laws of every country that has its own currency for transactions. I'm not talking about replacing fiat with Bitcoin. What i mean is Bitcoin is legalized as currency / payment method along with existing fiat. These days, a country announcing that they will make bitcoin legal is not as rare anymore. It's still rare to see a country legalize Bitcoin as currency or payment method though. AFAIK most country legalize Bitcoin as investment or property asset, which isn't aligned with Satoshi's goal about Bitcoin as P2P money. Although it does not align with Satoshi's goals for Bitcoin, it fits what people need today. We need to admit that most people today only see bitcoin as an investment, a tool to get rich. Not many people want to use or spend it, and I believe even if the government legalizes it as a currency or payment method. Not many people will use that way, they will still save their bitcoins with the expectation of making big profits. El Salvador is an example, their people do not use bitcoin for daily payments, they still use USD as the main means of payment. I get the point. But even for those who only see Bitcoin as investment, they should realize that further Bitcoin acceptance by legalizing it as currency or payment method would also benefit them. Such good news could raise Bitcoin price and they can avoid hassle of selling their Bitcoin before buying goods/services they want. Title: Re: Countries that still don’t like bitcoin. Post by: knowngunman on September 14, 2025, 10:04:06 AM Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) Would never be sold? That's overstatement by the way because government can not just make investments that has no potential return. It makes more sense when he says the government's intention is long term. The further statement is not really necessary again. Quote So is your country still against bitcoin? It's controversial here if you ask me because government doesn't permit banks to entertain anything related to crypto (Bitcoin inclusive) but on the other hand permit individuals to own and trade it attaching a payable tax to every crypto transaction carried out on a recognised platform. Title: Re: Countries that still don’t like bitcoin. Post by: EarnOnVictor on September 14, 2025, 11:55:18 AM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. Perhaps you need to know the difference between legal tender and strategic reserve. Not many countries are promising legal tender of Bitcoin, not to mention actualising the status in their country for the coin. It's in the strategic reserve that we often see that. However, more promising in this regard than its fulfilment across various countries.Quote It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries: For me, no one should worry about Pakistan among the list, not even any of the listed countries, aside from China, their impacts can't be felt in crypto space even if they legalise it today. Besides, Bitcoin has done signifnactly well without them, so who cares?
Title: Re: Countries that still don’t like bitcoin. Post by: Ishicryptic on September 14, 2025, 12:53:26 PM Bitcoin has passed the stage that if a country bans it right now, and it will cause huge panic in the market, but rather other people will see it as opportunity if that country has Bitcoin and decides to sell it. it was before that such used affect the performance of Bitcoin when released, Bitcoin is now a mature asset and you can't afford to totally ban it, if a country bans Bitcoin right now they’re even missing out on its potential investment opportunities it has, since China with huge population bans Bitcoin, it hasn't stopped the price from making a new all time highs or to appreciate in value. Bitcoin popularity has passed the stage of panic where if a country bans it or doesn't have friendly policies about it we will think that it can lose it's value and potentials. More people and institutions are adopting Bitcoin and increasing it's circulation, now it will take more than a few countries to stop Bitcoin from continuing to reach ATH. The countries that are considering Bitcoin reserves were all against it in the past, what made them to have a rethink can also make the ones that are still against it to have a rethink. A good product sells itself and Bitcoin has proven that it is a store of value, it is not a fiction people are getting rich through it's investment, anybody or country that is still skeptical will be left behind. Title: Re: Countries that still don’t like bitcoin. Post by: Z-tight on September 14, 2025, 01:23:44 PM However, although China is currently illegal, they still invest a lot in Bitcoin and they may not be publicly disclosed. Why do you think so, as far as we know the Chinese government are not actively buying BTC. They do not need to buy BTC secretly, they have one of the best economy in the world, so it is not like they need to invest in crypto secretly. However, they have a large pile of cryptocurrency, but it is coins they seized from criminals and illicit transactions. Just as the U.S. is converting their own seized BTC's to a strategic reserve, the Chinese government would be disposing of theirs for fiat. Title: Re: Countries that still don’t like bitcoin. Post by: YOSHIE on September 14, 2025, 01:35:22 PM I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? Sometimes we cannot see a country included in the list of Bitcoin adoption countries or the government likes it or notBut we need to look at the other side ofg PAKISTAN: Law to Regulate Crypto and Digital Assets Approved (https://research.hktdc.com/en/article/MjA5OTc0NzY5Nw#:~:text=Pakistan%20has%20approved%20an%20ordinance,regulating%20virtual%20assets%20and%20providers.), The laws applied are also one reason that the country has good support from the government and the community for Bitcoin.I see new data about Top 10 Countries That Use Bitcoin – May 2025 Data (https://coinledger.io/research/top-10-countries-that-use-bitcoin) https://zizihub.com/bac140.jpg This shows, that the current Pakistani state is ranked 9th in using Bitcoin, meaning that Pakistan is included in the top 9, this proves that Pakistani state is superior to other countries, from that data, Pakistan clearly prefers bitcoin. Title: Re: Countries that still don’t like bitcoin. Post by: Jubilee58 on September 14, 2025, 02:09:03 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries:
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? For now , is obvious that not all countries have accepted bitcoin and even the countries that are making use of bitcoin , not everyone in those countries are still using bitcoin. One thing is sure, bitcoin is making progress, the adoption and interest is considerably high and many people are investing in bitcoin today. When bitcoin was initially created just very few people believed in the potential of bitcoin, but today almost the whole world is interested in bitcoin and i believe with the growing interest those that did not believe in bitcoin today will definitely accept it with time. Title: Re: Countries that still don’t like bitcoin. Post by: Agbe on September 14, 2025, 04:40:43 PM Whether a country will allow crypto currency to be made depends on the type of leaders that is ruling the country when you have leaders that are too rigid to changes that is when you see countries that are still skeptical about crypto currency, because in this present time when crypto currency is revolutionizing the world you still finds countries that are still opposed to crypto currency any country that is yet to embrace crypto currency will definitely regret in the nearest future.
Title: Re: Countries that still don’t like bitcoin. Post by: peter0425 on September 14, 2025, 10:17:17 PM Bitcoin has passed the stage that if a country bans it right now, and it will cause huge panic in the market, but rather other people will see it as opportunity if that country has Bitcoin and decides to sell it. it was before that such used affect the performance of Bitcoin when released, Bitcoin is now a mature asset and you can't afford to totally ban it, if a country bans Bitcoin right now they’re even missing out on its potential investment opportunities it has, since China with huge population bans Bitcoin, it hasn't stopped the price from making a new all time highs or to appreciate in value. Especially countries who use bitcoin for actual international transactions, those who had ban bitcoin would have a hard time and would miss out on some of these benefits. There could even be an organization for those who accept bitcoin and that could be a benefit on its own.Title: Re: Countries that still don’t like bitcoin. Post by: kotajikikox on September 14, 2025, 11:56:00 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries: Bitcoin was banned in China, it was not completely banned, but last May they imposed new restrictions. The restrictions also prohibit the personal ownership of cryptocurrency. That is, Bitcoin or any cryptocurrency cannot be used as an asset (https://www.binance.com/en/square/post/24961739652153). However, despite such a ban, there is no way to say that Bitcoin is not being holding. Because it can be kept secret, anyone can use it.
Title: Re: Countries that still don’t like bitcoin. Post by: tread93 on September 15, 2025, 02:51:45 AM Legal lists are often inaccurate, or the authors don't do much research into the details. Therefore, the best way to determine the legal status in a country is to ask the local community or consult a qualified lawyer. Government policies vary and fluctuate. Some governments are unfriendly to Bitcoin, believing it reduces government oversight, while others prefer to legalize Bitcoin for tax purposes. Great post here with solid short and sweet answers. I feel like China is such a punk when it comes to bitcoin always banning and unbanning just make up your minds lol. All countries should legalize bitcoin and offer incentives if paying in BTC Title: Re: Countries that still don’t like bitcoin. Post by: Lucius on September 15, 2025, 10:18:51 AM Great post here with solid short and sweet answers. I feel like China is such a punk when it comes to bitcoin always banning and unbanning just make up your minds lol. All countries should legalize bitcoin and offer incentives if paying in BTC China banned trading/mining back in 2017 if I'm not mistaken, and nothing has changed since then. I was always surprised that they ever allowed Bitcoin to be present in that country in any way, because communists don't tolerate anything they can't fully control. As for the idea that all countries should legalize Bitcoin, I think there is very little logic in thinking in that direction, because what does legalization actually mean? Satoshi did not seek the approval or consent of any country to create and launch Bitcoin, so why would any of us seek it today? Furthermore, which country will encourage the use of Bitcoin to the detriment of its national currency? Bitcoin is an alternative, not a replacement to existing financial systems. Title: Re: Countries that still don’t like bitcoin. Post by: MusaPk on September 15, 2025, 01:03:18 PM China banned trading/mining back in 2017 if I'm not mistaken, and nothing has changed since then. I was always surprised that they ever allowed Bitcoin to be present in that country in any way, because communists don't tolerate anything they can't fully control. As for the idea that all countries should legalize Bitcoin, I think there is very little logic in thinking in that direction, because what does legalization actually mean? Satoshi did not seek the approval or consent of any country to create and launch Bitcoin, so why would any of us seek it today? Furthermore, which country will encourage the use of Bitcoin to the detriment of its national currency? Bitcoin is an alternative, not a replacement to existing financial systems. Not only communist but every government is not interested in any financial system which they can't control. Look at current banking system, we are fully dependent on banks to use money which belong to us. Banks can freeze our accounts as and when they required. The governments are fully aware of benefits of Bitcoins that's why they are creating hindrance in it's adoption. But we are free to use our Bitcoin as and when we require and nobody has the control to freeze our Bitcoins as long as there keys are in our hands. I don't think Bitcoin has the capability nor it was designed to replace fiat, it will continue to exist and progress along with fiat. Title: Re: Countries that still don’t like bitcoin. Post by: Agbamoni on September 15, 2025, 02:46:16 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from Just because some countries are not accepting Bitcoin for reserve as others countries are doing so, doesn't mean tey hate Bitcoin. Their decision not to yet hold it as reserve stems across several reasons. Another thing is, Bitcoin isn't made for the country, it is made for every individuals. If your leaving in a country where the government has restrict or ban Bitcoin, you as an individual can find an alternative way of getting your hands on it. Either by leaving the country or accessing it illegally. Title: Re: Countries that still don’t like bitcoin. Post by: PremiumcryptoHub on September 15, 2025, 03:35:02 PM It may not be possible to ban Bitcoin completely so I think it is no longer rare for a country to announce that it will legalize Bitcoin because recently, such news has been heard about some Asian countries. You are right that Pakistan has unveiled Bitcoin reserves and in that regard they have attracted everyone's attention. Indeed the head of the country's crypto council is very active in digital assets, as a result he mentioned that officials are preparing to allocate electricity for Bitcoin mining and we've seen them meeting with El Salvador on various contents of Bitcoin. So at present this country is inviting Bitcoin and crypto companies to apply for national licenses.
Pakistan has formally invited international cryptocurrency companies to enter its domestic market by applying for official licenses. The move marks a significant step in the country’s efforts to regulate and expand its growing digital asset ecosystem. The Pakistan Virtual Assets Regulatory Authority (PVARA) will oversee the licensing process. Title: Re: Countries that still don’t like bitcoin. Post by: Juicyhome on September 15, 2025, 05:17:49 PM Bitcoin has passed the stage that if a country bans it right now, and it will cause huge panic in the market, but rather other people will see it as opportunity if that country has Bitcoin and decides to sell it. it was before that such used affect the performance of Bitcoin when released, Bitcoin is now a mature asset and you can't afford to totally ban it, if a country bans Bitcoin right now they’re even missing out on its potential investment opportunities it has, since China with huge population bans Bitcoin, it hasn't stopped the price from making a new all time highs or to appreciate in value. China didn't ban Bitcoin, they stopped trading not Bitcoin, as of today Bitcoin China is about considering Bitcoin reserve which will be very hard, but at least the citizens can still buy and sell Bitcoin in China. Every country wants to involve in Bitcoin and no one want to be left out, every since Trump used Bitcoin as he main campaign point, other countries see it as a threat on their economy if they do not get Bitcoin.Is only Africa countries that have not fully accepted Bitcoin, and they're like that, Africa are always behind in everything, they will get into Bitcoin investment when it will be hard for them to buy. Any country that ban Bitcoin doesn't care about the future of their country. Title: Re: Countries that still don’t like bitcoin. Post by: Obari on September 15, 2025, 06:17:11 PM Nothing is permanent except death and the truth is that, a country isn’t ran by just one person and as such decisions can change at anytime depending on the interest of the ruling government in power as at the time.
Using America as a case study, there was a time bitcoin and every other cryptocurrency was frown at and that was during Obama administration but currently, bitcoin and other cryptocurrencies have been embraced in the states that trump also launched a coin of himself. I think the link to the post you shared wasn’t the updated one and I believe alot of countries are already loosing up their strictness towards bitcoin and rather now seeking every possible way to earn from it even having to tax it and its exchanges. These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from Just because some countries are not accepting Bitcoin for reserve as others countries are doing so, doesn't mean tey hate Bitcoin. Their decision not to yet hold it as reserve stems across several reasons. Another thing is, Bitcoin isn't made for the country, it is made for every individuals. If your leaving in a country where the government has restrict or ban Bitcoin, you as an individual can find an alternative way of getting your hands on it. Either by leaving the country or accessing it illegally. I also don’t think it’s a nice idea having to relocate simply because you want to hold bitcoin, that’s not wise but rather their are several ways around it where one can hold bitcoin peacefully even in a country where bitcoin isn’t legalized. Title: Re: Countries that still don’t like bitcoin. Post by: Abiky on September 15, 2025, 06:25:13 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries:
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? I thought China was beginning to embrace the crypto/Blockchain revolution? It's attracting crypto investors in Hong Kong with its "pro-crypto" policies. But maybe I've got it all wrong. And Pakistan is now considering building a Bitcoin reserve after its "crypto czar" meeting in the Bitcoin 2025 conference. All in an attempt to "mimic" the US. Russia is even considering opening its doors to crypto. So while there are a few countries that don't "like" Bitcoin, they will eventually change their mind because of its increasing popularity. Avoiding/ignoring Bitcoin is inevitable these days. I mean, if countries reject BTC, they will miss a huge taxation opportunity. The future lies in regulating the entire crypto/Blockchain industry for the governments' own convenience. Some countries will have stricter laws/regulations, while others will have a softer approach. But none of them will outright reject Bitcoin completely (full blanket ban). At least, that's what I think will happen. Just my two sats ;D Title: Re: Countries that still don’t like bitcoin. Post by: HelliumZ on September 15, 2025, 06:39:48 PM Most countries in the world have not yet given importance to Bitcoin, only one country, EI Salvador, has recognized Bitcoin as legal tender. And recently, Kazakhstan has taken a positive decision on Bitcoin. Moreover, the remaining 99% of countries have not yet taken any decision on Bitcoin. However, some countries are accepting Bitcoin in their strategic reserves along with dollars or gold. This is certainly a positive thing for Bitcoin and it is expected that Bitcoin will be recognized as one of the main reserve currencies of some countries in the next few years.
Title: Re: Countries that still don’t like bitcoin. Post by: Cookdata on September 15, 2025, 06:42:33 PM I am sure that many chinese citizens are still holding bitcoin. But the fact that they have to act like bitcoin doesn’t exist is not a good thing. While China keeps getting stricter and stricter when it comes to people using cryptocurrencies, the other countries keep smarter and smarter just trying to understand cryoto. So you want Chinese citizens to go against their government law? Are you going to save them if they get arrested and prosecuted? It's one thing to be free and freedom of speech but nobody can guarantee you freedom after speech. As much I like Bitcoin, you have to follow these laws of the land, if your government doesn't like Bitcoin you have to comply and stay as they say or do it but show him off about it is fastest way to put yourself in jail. After all Bitcoin is after privacy isn't, what's the use of having Bitcoin and letting the world kmow you have it. There are people that are holding Bitcoin for long time and never one day has anyone know they own Bitcoin, they never allow people know they owned Bitcoin and that's one important benefit of Bitcoin. In China, there is no any law that prohibit people from buying and holding, they don't even know about it but it's a criminal offense for using it to do transaction. Title: Re: Countries that still don’t like bitcoin. Post by: Powerjumboo on September 15, 2025, 09:30:45 PM Whether a country will allow crypto currency to be made depends on the type of leaders that is ruling the country when you have leaders that are too rigid to changes that is when you see countries that are still skeptical about crypto currency, because in this present time when crypto currency is revolutionizing the world you still finds countries that are still opposed to crypto currency any country that is yet to embrace crypto currency will definitely regret in the nearest future. A country definitely needs a good ruler to run. Without a good ruler, a country can never be run properly. And to run a country properly, rulers must keep an eye on various things. Like you said, whether a country will allow the launch of cryptocurrency or not depends on the rulers. Now I will say that when a ruler wants to run his country properly, he has to keep an eye on various things. For example, if a country allows the creation of cryptocurrency, they must first consider what percentage of the people in that country are educated and what percentage are illiterate. Because when cryptocurrency is legalized in a country, this issue must be given the most attention because if there is a lack of education in the country, people in that country will use cryptocurrency without knowing it. If they do not invest in proper security and the right method, they will be more damaged later. Therefore, the rulers of the country take advice to give permission after considering all aspects. Title: Re: Countries that still don’t like bitcoin. Post by: Japinat on September 15, 2025, 09:59:21 PM Let me add to these countries, we also have Iraq, Kuwait, Qatar and even Egypt who stand the same with bitcoin. They have imposed bans over bitcoin, although we all know that any country cannot completely ban bitcoin, due to increase of financial crime rate that’s why their government do not see reasons to back up bitcoin and become friendly about it.
However, this is just their stance for bitcoin at the moment, and anytime there will always be change of mind and shift of decisions most especially that there are already big countries who start to take leap with bitcoin. Title: Re: Countries that still don’t like bitcoin. Post by: Agbamoni on September 16, 2025, 12:21:02 PM I also don’t think it’s a nice idea having to relocate simply because you want to hold bitcoin, that’s not wise but rather their are several ways around it where one can hold bitcoin peacefully even in a country where bitcoin isn’t legalized. I think its a nice idea, in the sense that, if your living in a country where there is strict regulation to access any crypto related sites. Those countries with sanction and restrictions even if you use VPN. It is better to relocate or perhaps quit using Bitcoin. Those are the only two options you will have, unless you want to use a third party. For example a friend in that neighboring country to access your coins. Well, you know the risk, they may run away with your funds. Remember, as long as you dont have full custody of your Bitcoin you dont own any at all. Title: Re: Countries that still don’t like bitcoin. Post by: albon on September 16, 2025, 12:58:15 PM It doesn't matter whether the governments of these countries like Bitcoin or not, even the people of these countries still deal with Bitcoin smoothly. Perhaps one day they will change their position towards Bitcoin because it is the technology our time.. With proper regulation and legalization, its adoption can be a real gain for any country. With the presence of major countries adopting Bitcoin,, it’s only a matter of time before other countries reconsider their position..
We must highlight countries such as the United Arab Emirates, Germany, Portugal, Malta, Singapore, and the Hong Kong, as they are the best for Bitcoin and crypto investors to live and invest, as they provide clear regulations and offer tax exemptions or reductions. These countries do not necessarily mean that they like Bitcoin, but rather that they benefit from it economically. You can read the full article at this [source (https://www.tokenmetrics.com/blog/the-top-crypto-country-where-to-invest-in-digital-currency-in-2025)]. Title: Re: Countries that still don’t like bitcoin. Post by: hafiztalha on September 16, 2025, 07:54:35 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries:
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? For now , is obvious that not all countries have accepted bitcoin and even the countries that are making use of bitcoin , not everyone in those countries are still using bitcoin. One thing is sure, bitcoin is making progress, the adoption and interest is considerably high and many people are investing in bitcoin today. When bitcoin was initially created just very few people believed in the potential of bitcoin, but today almost the whole world is interested in bitcoin and i believe with the growing interest those that did not believe in bitcoin today will definitely accept it with time. Title: Re: Countries that still don’t like bitcoin. Post by: Sanitough on September 16, 2025, 11:26:01 PM I have to say, my country isn’t actually too friendly with bitcoin but I also don’t see it that it’s actually against with bitcoin, so most likely it’s kinda playing safe lol.
However, one thing is certain, if these leading countries will open opportunities for bitcoin and change their stance on it, for sure the rest of the countries won’t allow that they’ll be left behind. There is always silent competition between these different countries, and whatever that will bring faster economic growth and progress on their country, they will definitely take advantage on it. Title: Re: Countries that still don’t like bitcoin. Post by: BTC FutureKing on September 17, 2025, 09:41:49 AM I have to say, my country isn’t actually too friendly with bitcoin but I also don’t see it that it’s actually against with bitcoin, so most likely it’s kinda playing safe lol. It is the same in our country but they are slowly understanding it due to which they have come to the 3rd position of crypto adopters. But the real reason is that Bitcoin should be considered the best because it is the foundation of crypto due to which it has reached this point today. Now wherever there is such good work, there are always opponents, we should not be afraid of it. Although they will have to accept this because this has happened before in 2010 which we all know and it is happening today too and if they do not take much interest in it, they may miss the next opportunity. The benefit of all this will go to him, obviously when he is living in this country and controlling everything, his benefits and other things will work.However, one thing is certain, if these leading countries will open opportunities for bitcoin and change their stance on it, for sure the rest of the countries won’t allow that they’ll be left behind. There is always silent competition between these different countries, and whatever that will bring faster economic growth and progress on their country, they will definitely take advantage on it. Title: Re: Countries that still don’t like bitcoin. Post by: simonova on September 17, 2025, 09:57:38 AM There is recent development regarding this.
Algeria banned crypto completely. Anyone trying to use crypto in any way can be jailed. A big blow to internet marketers who were receiving money for their legit services in crypto. Another news is that , India has launched own digital currency. If it picks up, it can be a threat to bitcoin in India. Title: Re: Countries that still don’t like bitcoin. Post by: Anayochukwu on September 17, 2025, 10:02:12 AM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries: Many countries that have refused to make Bitcoin a legal tender is probably because of the greed of the government, allowing citizens to use Bitcoin freely is giving the freedom and control over their money without them demanding for taxes and their little allowance. My country hasn't made Bitcoin a legal tender because they want a currency they can control and that's Fiat currency for them but even though they haven't fully approved of it I'm sure they still know that citizens are using and investing. The government knows that Bitcoin is valuable but they are just pretending and denying the citizens from holding Bitcoin because of their selfish reasons.
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? Title: Re: Countries that still don’t like bitcoin. Post by: BlackBoss_ on September 17, 2025, 10:10:33 AM Many countries that have refused to make Bitcoin a legal tender is probably because of the greed of the government, allowing citizens to use Bitcoin freely is giving the freedom and control over their money without them demanding for taxes and their little allowance. My country hasn't made Bitcoin a legal tender because they want a currency they can control and that's Fiat currency for them but even though they haven't fully approved of it I'm sure they still know that citizens are using and investing. The government knows that Bitcoin is valuable but they are just pretending and denying the citizens from holding Bitcoin because of their selfish reasons. I don't get your implication on greediness of governments by making national policies like Bitcoin Legal Tender in their nations. Could you explain this opinion more, please.So far, only one nation has ever had Bitcoin Legal Tender practically and it's El Salvador, and there is no other nations with Bitcoin Legal Tender enforcement in their nations. I don't think Nayib Bukele made Bitcoin Legal Tender in El Salvador because he is greed and he did not do this by himself but needed enough votes in El Salvador Congress too. This policy in El Salvador is a milestone for Bitcoin in its history but the nation did not get too much benefit from it so far. There are impacts which are not likely too big ones and don't last for too long time. Title: Re: Countries that still don’t like bitcoin. Post by: brownn on September 17, 2025, 10:17:49 AM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries:
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? China is completely against Bitcoin. I think the reason is political. They know that it originated from USA and even the USA government might be behind it. Title: Re: Countries that still don’t like bitcoin. Post by: Alone055 on September 17, 2025, 10:54:40 AM Another news is that , India has launched own digital currency. If it picks up, it can be a threat to bitcoin in India. How old is that news? I have been hearing this since 2020, I believe. And about your second point, are you kidding me? So you believe that a cryptocurrency launched by the state bank of a country, being totally regulated and controlled by them, requiring all sorts of approvals and everything for cross-border transactions, can be a threat to Bitcoin which is totally decentralized and can't be controlled, and never asks you for any sort of approval or have your transactions on hold before they get approved unlike the coins that will be greated by the governments because they are not going to make them decentralized, of course. So, it sounds like a joke when you say that it could be a threat to Bitcoin for India, however, you could say that in the sense that the government might force its citizens to use their own cryptocurrency instead of Bitcoin, because that is the only way they can eradicate the use of Bitcoin and force widespread adoption for their own cryptocurrency. If they allow Bitcoin to stay alongside, then those who know the worth of Bitcoin and understand how it's different than the centralized cryptocurrencies, they would never abandon Bitcoin and start using those cryptocurrencies. Title: Re: Countries that still don’t like bitcoin. Post by: Abiky on September 18, 2025, 07:39:31 PM It doesn't matter whether the governments of these countries like Bitcoin or not, even the people of these countries still deal with Bitcoin smoothly. Perhaps one day they will change their position towards Bitcoin because it is the technology our time.. With proper regulation and legalization, its adoption can be a real gain for any country. With the presence of major countries adopting Bitcoin,, it’s only a matter of time before other countries reconsider their position.. We must highlight countries such as the United Arab Emirates, Germany, Portugal, Malta, Singapore, and the Hong Kong, as they are the best for Bitcoin and crypto investors to live and invest, as they provide clear regulations and offer tax exemptions or reductions. These countries do not necessarily mean that they like Bitcoin, but rather that they benefit from it economically. You can read the full article at this [source (https://www.tokenmetrics.com/blog/the-top-crypto-country-where-to-invest-in-digital-currency-in-2025)]. What do you mean by "even the people of these countries still deal with Bitcoin smoothly"? If BTC is outlawed in your country, I wouldn't say that. Of course, it's possible to buy/sell BTC through other means (decentralized exchanges, P2P trading platforms, in-person or face-to-face, etc.). But that comes at the huge risk of getting caught. If you're caught, you can be exposed to fines or even jail time. Such is the case of people living in authoritarian regimes (eg: China, Russia). Luckily for us, many countries who once opposed Bitcoin are now opening their arms to it. I'm certain countries like China, Russia, and Venezuela will change their minds about Bitcoin. It's impossible to ignore the huge taxation benefits that comes with embracing the revolution. The "party" is just getting started. We'll see what happens in the long run. Title: Re: Countries that still don’t like bitcoin. Post by: AmoreJaz on September 18, 2025, 11:29:05 PM These days, a country announcing that they will make bitcoin legal is not as rare anymore. We hear news of this almost every week. It might make us forget that not all countries like bitcoin. There are still those who don’t and have not changed their stance when it comes to bitcoin. I saw a list from investopedia.com (https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp) of countries where bitcoin is illegal. These are the following countries:
What took my attention however is Pakistan. Because I know that I had recently read a news about Pakistan and bitcoin and I was right. Quote Pakistan is moving ahead with plans to establish a national Bitcoin reserve as part of a broader digital asset strategy. Bilal Bin Saqib, head of the Pakistan Crypto Council, announced the move at the Bitcoin 2025 conference in Las Vegas. He emphasised that the government’s intention is long term and not driven by market speculation. He stated that once acquired, the Bitcoin would never be sold. The government plans to launch a national Bitcoin wallet and adopt blockchain technologies. The reserve’s size is unclear, but the move follows the US example and shows Pakistan’s growing trust in blockchain. (https://dig.watch/updates/pakistan-unveils-national-bitcoin-reserve) I guess the list is now outdated. It shows that a country can and will definitely change their stance on bitcoin. So is your country still against bitcoin? China is completely against Bitcoin. I think the reason is political. They know that it originated from USA and even the USA government might be behind it. But here's the irony here- despite of their ban, still there are miners in their country and a lot of holders are also Chinese. So how can you explain such situation? |
