Is Bitcoin Legal?

[GTA]

Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

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[Amph]

i don't see much of a difference between free to use and not regulated(in the first case it will be regulated too in the future i suppose...), also it surprise me that in the whole asia basically, bitcoin is restricted, i thought that only china has restricted it via exchange

[Bit_Happy]

I thought the list of "banned" countries was much shorter, so I seem to be behind on the news:
Has 2015 really been that big of a year for Gov't attempts to halt BTC?

[shorena]

Nice map even though the site wants to load JS from a dozent (or more) domains. For those who care: enable cointelegraph.com and parse.com to get the color working.

i don't see much of a difference between free to use and not regulated(in the first case it will be regulated too in the future i suppose...), also it surprise me that in the whole asia basically, bitcoin is restricted, i thought that only china has restricted it via exchange

See Canada, free to use might include some rules. My understanding of "Unregulated" is that there is no official statement in any direction.

[Alty]

I'm presuming the arctic and antarctic are unregulated.

[olcaytu2005]

 Bitcoin is freedom and you cant stop it. People always want freedom. Even if Goverments restrict bitcoin they never stop or prevent using bitcoin. We think China Gov. restrict the bitcoin but they have biggest bitcoin economy in the world

[zeraTunerse]

I don't think that it can make any difference using bitcoin across the globe. Bitcoin is decentralised and even Government don't have any command on the usage of bitcoin. Bitcoin was accepted and will be accepted across the globe as the identity of person is not disclosed.

[zendantom]

Who cares if its legal or illegal?? Whose gonna keep watch on it?? Everyday large number of bitcoins are bought and sold who is gonna keep watch on it?? People are using and will continue to use it even the Government oppose it. So discussion on this topic is useless.

[torrentheaven]

It depends on a person how he views the bitcoin?? If its profitable for himself he will definitely support it any say yes its legal but if he doesn't acquire the knowledge of bitcoin then he would say thats its illegal and bitcoin doesn't need any views from anyone.

[lahm-44]

ofcourse it is legal but some of the country's still don't know about it or still thinks its danger well tjey are even right for some points too it can be dangerous if we don't use it well..peoples are the only one who are making it legal and govenments are the one who are making it illigal because it can put a full stop on their curruption

[nerFohanzo]

Its legal but basically the problem that bitcoin is facing is that many of the countries are not used to it and the reason is the corrupted Government of the country who is not allowing it to be legal and generally people who are not used to it are scared of scams and dont show their willingess to accept it.

[operrajunk74]

It's atleast legal for the people who are involved in money laundering..its an  blessing for them and ofcourse it should be legal why so much issue with a bitcoin? Just imagine the situation that you are on world tour with no cash in your wallet only bitcoin as a mode of payment..Sounds great.

[torrentheaven]

Yeah it's definitely legal. It will get more attention when the developing countries will start adopting it and I thinnk it has a great future ahead for the bitcoin community. Once the people start gaining the knowledge of bitcoin it would definitely grow more.

[ipbo]

To the best of our knowledge, Bitcoin has not been made illegal by legislation in most jurisdictions. However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies.

[gripflierGO]

To the best of our knowledge, Bitcoin has not been made illegal by legislation in most jurisdictions. However, some jurisdictions (such as Argentina and Russia) severely restrict or ban foreign currencies.

ya thats true Argentina, Russia have restricted use of bitcoins in their respective countries but others countries are open to it. I mean they haven't declared that bitcoin is illegal and i think no one has control over the bitcoin so it's difficult to keep the track record of bitcoins.

[Amph]

Its legal but basically the problem that bitcoin is facing is that many of the countries are not used to it and the reason is the corrupted Government of the country who is not allowing it to be legal and generally people who are not used to it are scared of scams and dont show their willingess to accept it.

then you can change country to do your business, the cool thing about bitcoin is that not every government is banning or regulating it, there would always be some zone with freedom

and i think that people want to use it but they are intimidating by their asshole governments and banks

[stromma44]

ofcourse it is legal but some of the country's still don't know about it or still thinks its danger well tjey are even right for some points too it can be dangerous if we don't use it well..peoples are the only one who are making it legal and govenments are the one who are making it illigal because it can put a full stop on their curruption

That's Perfect. Even i think its legal but as many countries are not aware about the bitcoins they hesitate in using it even the merchants are not aware once the adoption and awareness level go high the use of bitcoin would increase but the Government is creating a barrier.

[MRKLYE]

Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

Very interesting map you have there.

I think as BTC continues to get exposure via media outlets and other sources we will see more use.
Sadly alot of negative press surrounds BTC and I think this may limit the adoption rate for a while.
With guys like Karpeles running around it makes the ecosystem quite dangerous for newcomers and veterans alike.

[PolarPoint]

We can see a trend here. Weak economies tends to ban bitcoin. They see Bitcoin is a threat to their weak currencies, they have to ban it.

[btc-facebook]

IMO , definition about bitcoin forbidden : Bitcoin because it is forbidden but goverment still not make any policy or regulation in order to enforce the bitcoin using. So people still can use bitcoin for their own responsibilty.

About restricted use of bitcoin, Goverment has made a policy about using bitcoin. For someone break the law, they will get jail.
Am I explained it right ?


For my answer for OP question,
I think bitcoin is legal but depend on state do you live..

[BillyBobZorton]

We can see a trend here. Weak economies tends to ban bitcoin. They see Bitcoin is a threat to their weak currencies, they have to ban it.

But here's the catch: Overtime ALL economies will be weak due the fiat scam that it's prone to explode sooner or later, so at some point in history everyone will see Bitcoin as a treat.
What could happen on a global Bitcoin ban? Would people be brave or panic out and abandon it?

[Xialla]

What could happen on a global Bitcoin ban? Would people be brave or panic out and abandon it?

well, also is abandoned share some movies, music and games over torrent..now check, how many people seeding:) I'm more scared of some alternative similar to bitcoin driven by government or some kind of central bank then bitcoin ban..

[manselr]

What could happen on a global Bitcoin ban? Would people be brave or panic out and abandon it?

well, also is abandoned share some movies, music and games over torrent..now check, how many people seeding:) I'm more scared of some alternative similar to bitcoin driven by government or some kind of central bank then bitcoin ban..

It's for sure that the gov will come up with their own "Bitcoin", but hopefully all that does is putting Bitcoin in the spotlight and people don't buy into the officialist state bullshit.

[sherbyspark]

We can see a trend here. Weak economies tends to ban bitcoin. They see Bitcoin is a threat to their weak currencies, they have to ban it.

Rather than the threat, the laws in those countries aren't clearly defined regarding bitcoin . Banks and Governments can't pass rules or laws overnight, so most of the banks avoid it. There are always exceptions though. Just because there isn't a clear law defined for digital currencies being used , the image of bitcoin being all gambling and drug related make it worse in those countries.

[Xenoph0bia]

I think its legal mainly depends on how people take it either positive or negative. The people who are against bitcoin will definitely say that its not legal especially the banking systems who views bitcoin as a threat to the fiat currency and the investors of bitcoin would rather say its legal.

[Amph]

What could happen on a global Bitcoin ban? Would people be brave or panic out and abandon it?

well, also is abandoned share some movies, music and games over torrent..now check, how many people seeding:) I'm more scared of some alternative similar to bitcoin driven by government or some kind of central bank then bitcoin ban..

It's for sure that the gov will come up with their own "Bitcoin", but hopefully all that does is putting Bitcoin in the spotlight and people don't buy into the officialist state bullshit.

no they will not, it doesn't make sense to have a second centralized bitcoin aka dollar 2.0, they will stay with their dollar and keep printing it like no tomorrow

the same with the blockchain, the strength of bitcoin and the blockchain is everything the government hate

[hunnaryb]

I think its legal mainly depends on how people take it either positive or negative. The people who are against bitcoin will definitely say that its not legal especially the banking systems who views bitcoin as a threat to the fiat currency and the investors of bitcoin would rather say its legal.

yeah Government will play the major role in the future of bitcoins as a virtual currency if they think of the betterment of the society and country they would start accepting the bitcoin as a currency but if they are interested in their personal wealth then it will be difficult for bitcoin to survive.

[mearylll]

I think its legal mainly depends on how people take it either positive or negative. The people who are against bitcoin will definitely say that its not legal especially the banking systems who views bitcoin as a threat to the fiat currency and the investors of bitcoin would rather say its legal.

yeah Government will play the major role in the future of bitcoins as a virtual currency if they think of the betterment of the society and country they would start accepting the bitcoin as a currency but if they are interested in their personal wealth then it will be difficult for bitcoin to survive.

Ofcourse its an legal for those who are involved in it positively or else its illegal for government and all those who are involved in money laundering but after all this is blessing for them but the government and media are taking it to the next level so they depends totally on an individual.

[stromma44]

I Don't think its legal. It can be only legal if Government accepts and confirms that it can be the currency apart from the fiat. Till Government doesnt permit it I guess its illegal as Govt and Law are the highest Authority of any country so without their confirmation its not legal.

[nerFohanzo]

I Don't think its legal. It can be only legal if Government accepts and confirms that it can be the currency apart from the fiat. Till Government doesnt permit it I guess its illegal as Govt and Law are the highest Authority of any country so without their confirmation its not legal.

No I think its legal. It is decentralised and nobody has control over it and unless if you are not involved in criminial activities or money laundering I think its legal. And talking about government I believe it will take long time that government starts supporting bitcoin.

[torrentheaven]

I Don't think its legal. It can be only legal if Government accepts and confirms that it can be the currency apart from the fiat. Till Government doesnt permit it I guess its illegal as Govt and Law are the highest Authority of any country so without their confirmation its not legal.

No I think its legal. It is decentralised and nobody has control over it and unless if you are not involved in criminial activities or money laundering I think its legal. And talking about government I believe it will take long time that government starts supporting bitcoin.

Yeah it is legal. And if you talk about government I don't believe that they will show any interest in bitcoin as they know it can replace the fiat currency in future and their will be full stop to their corruption activities as banks are regulated by govt so they will support banks.

[gripflierGO]

We can see a trend here. Weak economies tends to ban bitcoin. They see Bitcoin is a threat to their weak currencies, they have to ban it.

Rather than the threat, the laws in those countries aren't clearly defined regarding bitcoin . Banks and Governments can't pass rules or laws overnight, so most of the banks avoid it. There are always exceptions though. Just because there isn't a clear law defined for digital currencies being used , the image of bitcoin being all gambling and drug related make it worse in those countries.

Ya i think it will take sometime for government and banks to start adopting the bitcoin as a currency and when it comes to government everyone is aware that their process is very slow in implementing it and bitcoin is not getting the support from the government as it deserves.

[Jeremycoin]

I see a mistake here, Bitcoin is not forbidden in Indonesia (that island above Australia)
In Indonesia, Bitcoin is free to use. But the government doesn't assume that Bitcoin is a currency, but the government not prohibits the people to use Bitcoin. The people is allowed to use Bitcoin, but with their own risk.

[hunnaryb]

I see a mistake here, Bitcoin is not forbidden in Indonesia (that island above Australia)
In Indonesia, Bitcoin is free to use. But the government doesn't assume that Bitcoin is a currency, but the government not prohibits the people to use Bitcoin. The people is allowed to use Bitcoin, but with their own risk.

Yes but the fact is Government should start supporting the bitcoin. Why risk should be involved in bitcoins if there is full support from Government. If people knows that Government is in the support of bitcoins it will make people to use it freely without any hesitation.

[zendantom]

We can see a trend here. Weak economies tends to ban bitcoin. They see Bitcoin is a threat to their weak currencies, they have to ban it.

Rather than the threat, the laws in those countries aren't clearly defined regarding bitcoin . Banks and Governments can't pass rules or laws overnight, so most of the banks avoid it. There are always exceptions though. Just because there isn't a clear law defined for digital currencies being used , the image of bitcoin being all gambling and drug related make it worse in those countries.

Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.

[thebigtalk]

Too bad for me I'm color blind. But yeah, the bitcoin legality will be an issue in some other countries sometime soon. Why? Because of its potentials of terrorist using it to fund their agenda.

[Benjig]

The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them.

While some countries have explicitly allowed its use and trade, others have banned or severely restricted it.

That does not mean that people can not use it. Many drugs are illegal and that increases its value and even its use ...

[grendel25]

I don't know if I agree with all the green shaded areas like the US where bitcoin is 'taxed'.  In my opinion, taxes impose a restricted use but then again I guess taxes are pretty hard to avoid. 

Still though, the whole thing about bitcoin was that it was going to be anonymous but that has died out as a reality even though there are forks of this or that.  Bitcoin is just like any other currency as far as this thread is concerned.  You can't use all currencies everywhere.  But bitcoin has more features than any other currency.

[Amph]

Too bad for me I'm color blind. But yeah, the bitcoin legality will be an issue in some other countries sometime soon. Why? Because of its potentials of terrorist using it to fund their agenda.

terrorist will always find a way to use it, they can just move or do their traffic in a neutral territory that does not care about bitcoin, or where bitcoin is totally free to use, there are still more based on that map

[jacktheking]

Hey! If I am not wrong, Thailand allows people to own Bitcoin since last year. Just that they can only be traded for Thai currency. So, it should fall into the "Restricted use of Bitcoin" category.

[NewLiberty]

Who cares if its legal or illegal?? Whose gonna keep watch on it?? Everyday large number of bitcoins are bought and sold who is gonna keep watch on it?? People are using and will continue to use it even the Government oppose it. So discussion on this topic is useless.

It is less difficult to watch than you imagine.

[leps]

Lol my country looks green but im pretty sure government doesnt know what btc is. If they knew it would be dark red:)

[maheshmahi]

They can't rely on government even if they won't.. Every day many people earn through bitcoins and this cannot be stopped so there is no doubt of legal or illegal

[operrajunk74]

They can't rely on government even if they won't.. Every day many people earn through bitcoins and this cannot be stopped so there is no doubt of legal or illegal

Yeah thats true...it depends on the person how he look at it..if you view it positively it is legal and if you view it negatively it is illegal..depends on where you are using it..and as it is decentralised no one has control over it so it is useless to think whether it is legal or illegal.

[torrentheaven]

They can't rely on government even if they won't.. Every day many people earn through bitcoins and this cannot be stopped so there is no doubt of legal or illegal

Bitcoin is able to skirt much of the federal law concerning currencies because of its digital nature. Although, case law on securities may be able to define a bitcoin as a "security" subjecting bitcoins to sweeping regulation and other anti-fraud provisions. There are also other legal issues which may arise over time, including tax evasion and money laundering.

[umaOuma]

We can see a trend here. Weak economies tends to ban bitcoin. They see Bitcoin is a threat to their weak currencies, they have to ban it.

Rather than the threat, the laws in those countries aren't clearly defined regarding bitcoin . Banks and Governments can't pass rules or laws overnight, so most of the banks avoid it. There are always exceptions though. Just because there isn't a clear law defined for digital currencies being used , the image of bitcoin being all gambling and drug related make it worse in those countries.

Bank & Governments views it as an threat so it is really difficult for the people of that country to really rely on the government that they will accept bitcoin as a national currency and it doesn't make any difference whether government supports it or not as it is decentralised people who are familiar to bitcoin they will definetely use it as a mode of payment.

[Amph]

We can see a trend here. Weak economies tends to ban bitcoin. They see Bitcoin is a threat to their weak currencies, they have to ban it.

Rather than the threat, the laws in those countries aren't clearly defined regarding bitcoin . Banks and Governments can't pass rules or laws overnight, so most of the banks avoid it. There are always exceptions though. Just because there isn't a clear law defined for digital currencies being used , the image of bitcoin being all gambling and drug related make it worse in those countries.

Bank & Governments views it as an threat so it is really difficult for the people of that country to really rely on the government that they will accept bitcoin as a national currency and it doesn't make any difference whether government supports it or not as it is decentralised people who are familiar to bitcoin they will definetely use it as a mode of payment.

what bank and gov think, really does not matter, bitcoin could be used comfortably at home by anyone even if in that country the cryptoicurrency is banned, and you can already buy with it everything, by using service that pay for you in bitcoin, like purse and all4btc, the only problem is taxes, so when you declare they may know that you used bitcoin to buy all your stuff

[ronaldo40]

lol my state red? but it is in my country's government does not want to legalize bitcoin but the actual bitcoin users in my country very much.

[zeraTunerse]

lol my state red? but it is in my country's government does not want to legalize bitcoin but the actual bitcoin users in my country very much.

yes in my country the same thing people are using bitcoin but they are not getting support from government and that is the reason why bitcoin is not in demand. And one more reason is that people are not willing to accept bitcoin as a virtual currency as they have more faith in fiat currency.

[zendantom]

Lol my country looks green but im pretty sure government doesnt know what btc is. If they knew it would be dark red:)

Yes if the government doesnt know what bitcoin is how can you expect that the people would be aware of it.. no doubt people are much more educated and advanced as compared to government in my country but still nobody have shown their willingness to know what bitcoin is all about.

[wearepoor]

Hey! If I am not wrong, Thailand allows people to own Bitcoin since last year. Just that they can only be traded for Thai currency. So, it should fall into the "Restricted use of Bitcoin" category.

Thailand is the country that I would really love to visit as it is well know for the thai massage so it would be great if the beautiful girls from thailand accepts the payment for massage in the form of bitcoin as I can visit such places cashless and make payment through bitcoins.

[mearylll]

Lol my country looks green but im pretty sure government doesnt know what btc is. If they knew it would be dark red:)

Yes if the government doesnt know what bitcoin is how can you expect that the people would be aware of it.. no doubt people are much more educated and advanced as compared to government in my country but still nobody have shown their willingness to know what bitcoin is all about.

i believe that the government should take a step ahead to create an awareness in the people regarding the bitcoin but it is like day dreaming. cant afford to trust the government when it comes to the usage of bitcoin in the country as it is threat to fiat they will never support bitcoin.

[muzzamelraza]

Bitcoin is an legal but some countries avoid bitcoin and because the big reason is that they can not be calculated their people tex so that why thy banned BTC. 

[tiggytomb]

I can't really ever seeing a country fully 'banning' bitcoin, it is a virtual currency so the same way some countries have banned certain torrent sites and people find a way around it via proxy servers and the like, I can't really see how it can be enforced.

[crazyearner]

Bitcoin getting banned in a country is more like them not understanding it and they just decide on banning or thinking of all the negative stuff that has happened with it to ban. Even with it banned no doubt will not stop people from using it and still sending and buying stuff just not allowed. Maybe in the future when their governments and people understand it more they will look into it again seeing that it is doing more good than bad and seeing how it can improve things they will remove the restrictions in place for shops and places to allow use of it in their country.

[NewLiberty]

Lol my country looks green but im pretty sure government doesnt know what btc is. If they knew it would be dark red:)

Yes if the government doesnt know what bitcoin is how can you expect that the people would be aware of it.. no doubt people are much more educated and advanced as compared to government in my country but still nobody have shown their willingness to know what bitcoin is all about.

i believe that the government should take a step ahead to create an awareness in the people regarding the bitcoin but it is like day dreaming. cant afford to trust the government when it comes to the usage of bitcoin in the country as it is threat to fiat they will never support bitcoin.

I'm possibly less a fan of governments 'educating' people on Bitcoin than most.  I prefer they concern themselves with 'important matters of state' or whatever else they waste the continuous flow of money and life that they suck out of their populations.

[Xenoph0bia]

Lol my country looks green but im pretty sure government doesnt know what btc is. If they knew it would be dark red:)

Yes if the government doesnt know what bitcoin is how can you expect that the people would be aware of it.. no doubt people are much more educated and advanced as compared to government in my country but still nobody have shown their willingness to know what bitcoin is all about.

i believe that the government should take a step ahead to create an awareness in the people regarding the bitcoin but it is like day dreaming. cant afford to trust the government when it comes to the usage of bitcoin in the country as it is threat to fiat they will never support bitcoin.

I'm possibly less a fan of governments 'educating' people on Bitcoin than most.  I prefer they concern themselves with 'important matters of state' or whatever else they waste the continuous flow of money and life that they suck out of their populations.

Yes surely you cannot expect the governments of the country would come forward in the support of bitcoin. As they view it as a threat there are very least chances that government will accept bitcoin as a currency and i don't think that bitcoin can be banned completely.

[mearylll]

They can't rely on government even if they won't.. Every day many people earn through bitcoins and this cannot be stopped so there is no doubt of legal or illegal

Yes the Government can't do much in it  as it decentralised so neither the Government has a control over it and people are using bitcoin and the size of community is increasing day by day and it is great sign for the users of the bitcoin as the adoption will be more the prices will also go high.

[hunnaryb]

Lol my country looks green but im pretty sure government doesnt know what btc is. If they knew it would be dark red:)

Government is more smarter then what we think. They are very much aware about the fact that bitcoin is the future currency but they are not showing any interest at present because they want that bitcoin should grow more and then they can collect taxes from the bitcoin companies in the form of fiat.

[rudolfaxl]

Legality is always associated with a valid personal data,because legality is LAW.



ID bitcoin maybe can be alternatif to make bitcoin legal,users must give their valid personal data to get ID bitcoin.
and ID bitcoin can used like ID Card/ATM Card,.... what do you think..??

[ahmedjamal1998]

I can't understand why are they banning it ? 

It's just meaningless 

[ahmedjamal1998]

Legality is always associated with a valid personal data,because legality is LAW.



ID bitcoin maybe can be alternatif to make bitcoin legal,users must give their valid personal data to get ID bitcoin.
and ID bitcoin can used like ID Card/ATM Card,.... what do you think..??

But in this way Bitcoin will lose it's main feature which is "privacy" and "decentralization" as getting an ID is just like normal paypal and stuff so I strongly say NO

[Kanine Awe]

What's the reason that most countries are against it?   How actively is the laws forbidding bitcoin enforced?

[rudolfaxl]

But in this way Bitcoin will lose it's main feature which is "privacy" and "decentralization" as getting an ID is just like normal paypal and stuff so I strongly say NO

ID bitcoin for identity bitcoin wallet address, and bitcoin can kept "decentralization".

An identity document (also called a piece of identification or ID) is any legal document which may be used to verify aspects of a personal identity (ID is basic LAW to all countries)..so I think that's can help Bitcoin accepted to all countries without resistance...??, this can be great technology if ID bitcoin can compliment with the #blockchain BITCOIN

[DevOfDev]

https://i.imgur.com/fuvWAPB.jpg?1
Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people?s and companies? interests clash daily, the time will only show.

You?re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

Not Legal but we can use it for free not must pay Tax
that better than use cash we must pay Tax forsome transaction

[TinEye]

What's the reason that most countries are against it?   How actively is the laws forbidding bitcoin enforced?

one reason could be, because they cannot control it or because they can't retrieve taxes from it, they know that it is an hard work to go through all the addresses to track someone, they other reasons concerning child porn and criminal activity are a bit hypocritical, when their cash can be used for the same things, and even in a worse way

[zeraTunerse]

Legality is always associated with a valid personal data,because legality is LAW.



ID bitcoin maybe can be alternatif to make bitcoin legal,users must give their valid personal data to get ID bitcoin.
and ID bitcoin can used like ID Card/ATM Card,.... what do you think..??

But in this way Bitcoin will lose it's main feature which is "privacy" and "decentralization" as getting an ID is just like normal paypal and stuff so I strongly say NO

Yes if bitcoin has Id then it would definitely loose its shine and attractiveness. So I don't think its an good idea to have a ID as there won't be any difference in other mode of payments and bitcoins and people prefer bitcoins mainly because of the privacy clause attached to it.

[rudolfaxl]

Yes if bitcoin has Id then it would definitely loose its shine and attractiveness. So I don't think its an good idea to have a ID as there won't be any difference in other mode of payments and bitcoins and people prefer bitcoins mainly because of the privacy clause attached to it.

I think ID bitcoin as a simple alternatif to make Bitcoin become a legal payment,we only need Identity of bitcoin wallet address.
What are the benefits of ID Bitcoin??simplify to remember bitcoin wallet address and don't change "decentralization of bitcoin" (it's different with paypal,payza...or other's). BITCOIN is BITCOIN...BITCOIN is'nt PAYPAL!!!

We must remember if bitcoin trade with many legal currency,....so we must think about this???what future of bitcoin if bitcoin don't have legality??bitcoin will have more and more resistance..and that's to bad for Bitcoin  

I predict..if bitcoin become a legal payment,price of bitcoin will increase, and our dream about 1 BTC = $10.000 will come true !!!
Anyone can explain this : (bitcoin price) from $0 to---->> $1 and then to --->> $1300 and now --->> $223..??
Legality is urgent for Bitcoin.

[hugabase]

OK.Listen up ; This idea is good,card looks good and the name with id is very good, Third party can use this as a big business with bitcoin.
btw, legality of bitcoin is a necessary condition for bitcoin. Bitcoin must legal,because bitcoin is good alt payment.

[erikalui]

Bitcoin is not a legalized currency today but it's not illegal too. It's a currency that is not regulated and hence it can be misused for money laundering and illegal purposes which is the main reason it won't get legalized anytime soon. (I suppose) One needs to have a license while trading in bitcoins but I doubt anyone does have a license except those who run exchanges.

[operrajunk74]

What's the reason that most countries are against it?   How actively is the laws forbidding bitcoin enforced?

one reason could be, because they cannot control it or because they can't retrieve taxes from it, they know that it is an hard work to go through all the addresses to track someone, they other reasons concerning child porn and criminal activity are a bit hypocritical, when their cash can be used for the same things, and even in a worse way

The countries are against it because it is decentralised and they don't have control over it and this I am talking about the governments of different countries who are aware that value of bitcoin will go higher in the coming years so they are waiting for the right time so that they can impose taxes on the companies who are using bitcoins.

[gripflierGO]

What's the reason that most countries are against it?   How actively is the laws forbidding bitcoin enforced?

one reason could be, because they cannot control it or because they can't retrieve taxes from it, they know that it is an hard work to go through all the addresses to track someone, they other reasons concerning child porn and criminal activity are a bit hypocritical, when their cash can be used for the same things, and even in a worse way

The countries are against it because it is decentralised and they don't have control over it and this I am talking about the governments of different countries who are aware that value of bitcoin will go higher in the coming years so they are waiting for the right time so that they can impose taxes on the companies who are using bitcoins.

You cannot afford to trust the government as they are very much involved in their Bread N n Butter and what they want is only the benefits for themselves they will never care about society who are paying taxes out of their hard earned money and government is doing nothing for them.

[Gultahin]

in some countries it is legal, but till now i havent seen any country flagging bitcoin as illegal.
government can only make it hard to use bitcoins but can stop us to use bitcoins.
so if they even make it illegal there is nothing they can do to stop a bitcoin transaction !!
 

[btc-facebook]

Legality is always associated with a valid personal data,because legality is LAW.


ID bitcoin maybe can be alternatif to make bitcoin legal,users must give their valid personal data to get ID bitcoin.
and ID bitcoin can used like ID Card/ATM Card,.... what do you think..??

Eventhough it cointains personal information, if goverment never make any policy against bitcoin then it's legal ,vice versa

in some countries it is legal, but till now i havent seen any country flagging bitcoin as illegal.
government can only make it hard to use bitcoins but can stop us to use bitcoins.
so if they even make it illegal there is nothing they can do to stop a bitcoin transaction !!
 

It means bitcoin user will take a risk for his/her bitcoin because goverment can't help for bitcoin stuff

[torrentheaven]

Legality is always associated with a valid personal data,because legality is LAW.


ID bitcoin maybe can be alternatif to make bitcoin legal,users must give their valid personal data to get ID bitcoin.
and ID bitcoin can used like ID Card/ATM Card,.... what do you think..??

Eventhough it cointains personal information, if goverment never make any policy against bitcoin then it's legal ,vice versa

in some countries it is legal, but till now i havent seen any country flagging bitcoin as illegal.
government can only make it hard to use bitcoins but can stop us to use bitcoins.
so if they even make it illegal there is nothing they can do to stop a bitcoin transaction !!
 

It means bitcoin user will take a risk for his/her bitcoin because goverment can't help for bitcoin stuff

Lol History says itself the ordinary guy has to take a risk in any way as he knows he will never get a support from the government or the society as he is just an ordinary person but and as a ordinary person we are forced to take a risk as we are aware that no government will support us and the government will always think that bitcoin is illegal as they are not earning at all out of it once they see their profits out of it they will start supporting the bitcoins 

[stromma44]

Legality is always associated with a valid personal data,because legality is LAW.



ID bitcoin maybe can be alternatif to make bitcoin legal,users must give their valid personal data to get ID bitcoin.
and ID bitcoin can used like ID Card/ATM Card,.... what do you think..??

But in this way Bitcoin will lose it's main feature which is "privacy" and "decentralization" as getting an ID is just like normal paypal and stuff so I strongly say NO

Yes if bitcoin has Id then it would definitely loose its shine and attractiveness. So I don't think its an good idea to have a ID as there won't be any difference in other mode of payments and bitcoins and people prefer bitcoins mainly because of the privacy clause attached to it.

If it has ID no one will use bitcoin. People are using it and finding it attractive as it is decentralised and that is the USP of bitcoin and if once it is lost then bitcoin would be just on paper. So it is better to use it as we are using it right now and we don't need any ID for bitcoin or else it will loose its shine.

[hunnaryb]

Legality is always associated with a valid personal data,because legality is LAW.



ID bitcoin maybe can be alternatif to make bitcoin legal,users must give their valid personal data to get ID bitcoin.
and ID bitcoin can used like ID Card/ATM Card,.... what do you think..??

But in this way Bitcoin will lose it's main feature which is "privacy" and "decentralization" as getting an ID is just like normal paypal and stuff so I strongly say NO

Yes if bitcoin has Id then it would definitely loose its shine and attractiveness. So I don't think its an good idea to have a ID as there won't be any difference in other mode of payments and bitcoins and people prefer bitcoins mainly because of the privacy clause attached to it.

If it has ID no one will use bitcoin. People are using it and finding it attractive as it is decentralised and that is the USP of bitcoin and if once it is lost then bitcoin would be just on paper. So it is better to use it as we are using it right now and we don't need any ID for bitcoin or else it will loose its shine.

Yeah having an ID is not a great idea. People generally prefer bitcoin for the "Privacy" that it is offering to the people and if the Privacy clause is removed from the bitcoin nobody will use and it would simply disappear from the market and could be easily replaced by some new currency.

[rudolfaxl]

Yeah having an ID is not a great idea. People generally prefer bitcoin for the "Privacy" that it is offering to the people and if the Privacy clause is removed from the bitcoin nobody will use and it would simply disappear from the market and could be easily replaced by some new currency.

"Privacy" and "Anonymous" does not mean ilegal.
Bitcoin have good value business now,if we don't take anything to get support for legality..there is no future for bitcoin.

We must read about the big warning for bitcoin : "used for money laundering and cyber crime",this is the big problem man??
so Why bitcoin community don't accept for legality??We are angry about scam coin..but we still hope bitcoin is future of money??this is ridiculous..??What the game we play here??

so;I think if we can adopt ID for bitcoin,we can have future for bitcoin and bitcoin will have support to all countries as a money without any resistance.Future of P2P payment and this only for BITCOIN...and people's will use Bitcoin now and later.

[jcksteve]

Yeah having an ID is not a great idea. People generally prefer bitcoin for the "Privacy" that it is offering to the people and if the Privacy clause is removed from the bitcoin nobody will use and it would simply disappear from the market and could be easily replaced by some new currency.

"Privacy" and "Anonymous" does not mean ilegal.
Bitcoin have good value business now,if we don't take anything to get support for legality..there is no future for bitcoin.

We must read about the big warning for bitcoin : "used for money laundering and cyber crime",this is the big problem man??
so Why bitcoin community don't accept for legality??We are angry about scam coin..but we still hope bitcoin is future of money??this is ridiculous..??What the game we play here??

so;I think if we can adopt ID for bitcoin,we can have future for bitcoin and bitcoin will have support to all countries as a money without any resistance.Future of P2P payment and this only for BITCOIN...and people's will use Bitcoin now and later.

Hmm +1 i want kept to say ---this is a nice idea---,but maybe only for id wallet address.Yeahh,you're right,very scary if bitcoin used for money laundering and cyber crime,+1

[operrajunk74]

Yeah having an ID is not a great idea. People generally prefer bitcoin for the "Privacy" that it is offering to the people and if the Privacy clause is removed from the bitcoin nobody will use and it would simply disappear from the market and could be easily replaced by some new currency.

"Privacy" and "Anonymous" does not mean ilegal.
Bitcoin have good value business now,if we don't take anything to get support for legality..there is no future for bitcoin.

We must read about the big warning for bitcoin : "used for money laundering and cyber crime",this is the big problem man??
so Why bitcoin community don't accept for legality??We are angry about scam coin..but we still hope bitcoin is future of money??this is ridiculous..??What the game we play here??

so;I think if we can adopt ID for bitcoin,we can have future for bitcoin and bitcoin will have support to all countries as a money without any resistance.Future of P2P payment and this only for BITCOIN...and people's will use Bitcoin now and later.

Yes it is a big problem but we cannot help it as bitcoin is decentralised so how can one have control over it and how one can know where the person is using bitcoin. Every coin has two sides and same is with bitcoin someone will use it for good purpose and someone will not.

[rudolfaxl]

Yes it is a big problem but we cannot help it as bitcoin is decentralised so how can one have control over it and how one can know where the person is using bitcoin. Every coin has two sides and same is with bitcoin someone will use it for good purpose and someone will not.

Decentralization bitcoin is controlled by bitcoin community,and ID bitcoin will not disturb the decentralization of bitcoin. ID bitcoin only for simplify bitcoin wallet address and give trust Identity bitcoin wallet address. If bitcoin can give trust,anyone can feel safe making transactions with bitcoin,and the end,....all countries will not reject bitcoin as a payment system. This is FUTURE of Bitcoin..for now and later!!!!

[twister]

Yes it is a big problem but we cannot help it as bitcoin is decentralised so how can one have control over it and how one can know where the person is using bitcoin. Every coin has two sides and same is with bitcoin someone will use it for good purpose and someone will not.

Decentralization bitcoin is controlled by bitcoin community,and ID bitcoin will not disturb the decentralization of bitcoin. ID bitcoin only for simplify bitcoin wallet address and give trust Identity bitcoin wallet address. If bitcoin can give trust,anyone can feel safe making transactions with bitcoin,and the end,....all countries will not reject bitcoin as a payment system. This is FUTURE of Bitcoin..for now and later!!!!

This is true, this will enable more users to safely use bitcoin, will control the money laundering and all the bad things associated with it and may also help in stopping the run away scams done by companies for now they think no one will be able to track them down but if this were to happen people/businesses will not be able to fraud so easily. It might also stop theft.

[jackyrozario]

Government agencies are increasingly worried about the implications of bitcoin, as it has the ability to be used anonymously, and is therefore a potential instrument for money laundering. In particular, law enforcers seem to be concerned about the decentralized nature of the currency.

[pat1900]

Map is pretty much out-of-date.

Cointelegraph articles etc. have generally gone down in quality recently.

[operrajunk74]

Yes it is a big problem but we cannot help it as bitcoin is decentralised so how can one have control over it and how one can know where the person is using bitcoin. Every coin has two sides and same is with bitcoin someone will use it for good purpose and someone will not.

Decentralization bitcoin is controlled by bitcoin community,and ID bitcoin will not disturb the decentralization of bitcoin. ID bitcoin only for simplify bitcoin wallet address and give trust Identity bitcoin wallet address. If bitcoin can give trust,anyone can feel safe making transactions with bitcoin,and the end,....all countries will not reject bitcoin as a payment system. This is FUTURE of Bitcoin..for now and later!!!!

Yeah now I got it. More trust.. More adoption and It would be in the benefit of the bitcoin community. It is a good concept to have but for that we need a support from the Government and the Banking System then only it would be possible.

[josephliton]

Bitcoin is freedom and you cant stop it. People always want freedom. Even if Governments restrict bitcoin they never stop or prevent using Bitcoin. We think China Gov. restrict the bitcoin but they have biggest bitcoin economy in the world.

[NewLiberty]

Government agencies are increasingly worried about the implications of bitcoin, as it has the ability to be used anonymously, and is therefore a potential instrument for money laundering. In particular, law enforcers seem to be concerned about the decentralized nature of the currency.

The ability for bitcoin to be used anonymously, is quite a bit lower than the ability for cash to be used anonymously.  There is a permanent public record of every transaction.

[Amph]

Government agencies are increasingly worried about the implications of bitcoin, as it has the ability to be used anonymously, and is therefore a potential instrument for money laundering. In particular, law enforcers seem to be concerned about the decentralized nature of the currency.

The ability for bitcoin to be used anonymously, is quite a bit lower than the ability for cash to be used anonymously.  There is a permanent public record of every transaction.

last time i've checked the transaction, does not say at who those money belong, and this without even using mixer/proxy node and all those stuff, to strengthen your anonimity

[jcksteve]

Bitcoin is freedom and you cant stop it. People always want freedom. Even if Governments restrict bitcoin they never stop or prevent using Bitcoin. We think China Gov. restrict the bitcoin but they have biggest bitcoin economy in the world.

Freedom does not mean you can do anything without law,bitcoin is good for future money,but we must realistic,you and me change bitcoin with $USD,and $USD is USA money that has legality,and bitcoin community must play this with the rules.

[OmegaStarScream]

It's always nice to know that I'am on the Unregulated Bitcoin area   Stupid country
I didn't know that Russia Restricted Bitcoin , that's kinda shitty . Also I'am bad at geography but isn't that orange map under Russia for China ?
China have shitload of Mining farms & Exchange how it's Restricted there ? I'am the only one who find this dosen't make sense

[jcksteve]

It's always nice to know that on the Unregulated Bitcoin area  Stupid country
I didn't know that Russia Restricted Bitcoin , that's kinda shitty . Also I'am bad at geography but isn't that orange map under Russia for China ?
China have shitload of Mining farms & Exchange how it's Restricted there ? I'am the only one who find this dosen't make sense

No stupid country in the world,they only wait bitcoin give trust as a payment system.

[OmegaStarScream]

It's always nice to know that on the Unregulated Bitcoin area  Stupid country
I didn't know that Russia Restricted Bitcoin , that's kinda shitty . Also I'am bad at geography but isn't that orange map under Russia for China ?
China have shitload of Mining farms & Exchange how it's Restricted there ? I'am the only one who find this dosen't make sense

No stupid country in the world,they only wait bitcoin give trust as a payment system.

Yeah I meant my country , sorry I miss-wrote what I wanted to say .
Actually my country is stupid , what do you call a country where no one use Credit & Debit cards (They use only cards to withraw money from ATM) , what do you call a country that don't know what online shopping is and laugh at your face when you mention those things ? 

[manselr]

What could happen on a global Bitcoin ban? Would people be brave or panic out and abandon it?

well, also is abandoned share some movies, music and games over torrent..now check, how many people seeding:) I'm more scared of some alternative similar to bitcoin driven by government or some kind of central bank then bitcoin ban..

It's for sure that the gov will come up with their own "Bitcoin", but hopefully all that does is putting Bitcoin in the spotlight and people don't buy into the officialist state bullshit.

no they will not, it doesn't make sense to have a second centralized bitcoin aka dollar 2.0, they will stay with their dollar and keep printing it like no tomorrow

the same with the blockchain, the strength of bitcoin and the blockchain is everything the government hate

Read the news and you'll see there is an agenda to abolish cash in the relative near future. I think few people will be using physical cash be it coins or paper in 10 years, and it will be totally gone in 20 years.
Are they really going to let Bitcoin camp free in such environment?

[NewLiberty]

Government agencies are increasingly worried about the implications of bitcoin, as it has the ability to be used anonymously, and is therefore a potential instrument for money laundering. In particular, law enforcers seem to be concerned about the decentralized nature of the currency.

The ability for bitcoin to be used anonymously, is quite a bit lower than the ability for cash to be used anonymously.  There is a permanent public record of every transaction.

last time i've checked the transaction, does not say at who those money belong, and this without even using mixer/proxy node and all those stuff, to strengthen your anonimity

And yet, the last time the equation group checked, it does say to whom quite a bit of those money belong.
You are not they.
All your privacy is belong to...they.

[Clint]

Bitcoin in my knowledge is legal in most of the countries, but I do know in some small countries, they forbid bitcoin because people are using scams and pyramid schemes to promote the users of btc. They're breaking the laws of that country, so that is why in some countries its forbidden.

[jokowi]

My opinion ; BTC bitcoin is like a gold,we buy/sell as a commodity. Yes 'im agree bitcoin must have legality to protect bitcoin used by criminal (money laudering,pyramid scammer,hyip..etc).  

[NewLiberty]

Bitcoin non-anonymity is also a business, not just done by governments.
https://www.elliptic.co/anti-money-laundering/

Legal compliance capabilities and transparency are making it increasingly 'legal'.

[wearepoor]

Bitcoin in my knowledge is legal in most of the countries, but I do know in some small countries, they forbid bitcoin because people are using scams and pyramid schemes to promote the users of btc. They're breaking the laws of that country, so that is why in some countries its forbidden.

Yes and the reason some of the countries are not promoting bitcoin is only because people are using it for illegal activities like black money, money laundering etc. So the government is not coming in the support of bitcoins but nobody has control over it.

[neurotypical]

Bitcoin is freedom and you cant stop it. People always want freedom. Even if Governments restrict bitcoin they never stop or prevent using Bitcoin. We think China Gov. restrict the bitcoin but they have biggest bitcoin economy in the world.

Well stuff like Tor is supossed to be freedom but is banned in some places like China, but strictly speaking if we were in China we would have to say that indeed it is illegal, which is fatal for mainstream adoption.

[rudolfaxl]

Bitcoin is freedom and you cant stop it. People always want freedom. Even if Governments restrict bitcoin they never stop or prevent using Bitcoin. We think China Gov. restrict the bitcoin but they have biggest bitcoin economy in the world.

Well stuff like Tor is supossed to be freedom but is banned in some places like China, but strictly speaking if we were in China we would have to say that indeed it is illegal, which is fatal for mainstream adoption.

Legal is licit, legitimate,permitted by law; lawful.

Illegal is  unlawful; illegitimate; illicit; unlicensed. Illegal, unlawful, illegitimate, illicit, criminal can all describe actions not in accord with law. Illegal refers most specifically to violations of statute.

[dollarneed]

is legal as long as using it as an alternative payment on internet,but there are many country that you can spend your bitcoin on coffe shop like singapore

[rudolfaxl]

ID Bitcoin
UNIQUE,SIMPLIFY and ANONYMOUS

[hugabase]

ID Bitcoin
UNIQUE,SIMPLIFY and ANONYMOUS

+1 very good !!!,bitcoinwallet.id can be a good part for Bitcoin.

[ifightformerkel]

it is everywhere legal, nobody can shut down the internet,
so you can use it trough tor or other proxys everywhere.

[kfarnan]

Is that iceland?

[dadj]

Bitcoin may already be technically illegal in Australia under the Currency Act 1965.

Every payment that is made shall, unless it is made according to the currency of some country other than Australia, be made according to the currency of Australia provided for by this Act.

Of course this law is outmoded, but it does present some problems for legal credibility of Bitcoin.

https://www.comlaw.gov.au/Details/C2007C00565/Html/Text#_Toc56834731

https://www.reddit.com/r/BitcoinAUS/comments/3cnll9/bitcoin_is_already_illegal_according_to_the/

[wearepoor]

it is everywhere legal, nobody can shut down the internet,
so you can use it trough tor or other proxys everywhere.

Yeah neither the bitcoin nor the users have to worry or think about whether it is legal or not. If you think it is legal go for it and if you think it is not legal then its an individual decision whether to stay or just leave it and think of some other investment options.

[grendel25]

That this could ever be a question means that we are still an oppressed civilization.  Bitcoin embodies freedom and liberties that any truly free and decent human should be allowed to enjoy.  When people truly start being evil and doing evil things that's when there should be justice and consequences.  Simply banning things like bitcoin out of fear should never be allowed by decent and forthright human beings.

[unamis76]

Is it just me or I press "suggest and edit" and nothing happens?

Anyways, nice map. Could use some improvements

[Romanko]

Hey guys. Wondered if BTC is considered to be a legal currency in US, can I sue somebody that has defrauded me for my coins?
Is it different from state to state?

[NewLiberty]

Hey guys. Wondered if BTC is considered to be a legal currency in US, can I sue somebody that has defrauded me for my coins?
Is it different from state to state?

Yes.

In the USA, you can sue someone that has defrauded you even if bitcoin is not currency.  Anything of value, and so far every US court has recognized that bitcoin is a thing of value.

[foxbitcoin]

the concern is not directly related to Bitcoin, but mostly to money laundering and other similar crimes.
when the adoption grows, they might require people to ID themselves for the transactions between these financial institutions and Bitcoin.

[dollarneed]

That there is a reason why bitcoin is ilegal
as we know taht government agencies are increasingly worried about the implications of bitcoin, as it has the ability to be used anonymously, and is therefore a potential instrument for money laundering. In particular, law enforcers seem to be concerned about the decentralized nature of the currency,but i wish bitcoin is not to be ilegal in future

[JWMutant]

I'm presuming the arctic and antarctic are unregulated.

Bloody penguins, you know what they are like..... unruly bunch.

[Romanko]

Hey guys. Wondered if BTC is considered to be a legal currency in US, can I sue somebody that has defrauded me for my coins?
Is it different from state to state?

Yes.

In the USA, you can sue someone that has defrauded you even if bitcoin is not currency.  Anything of value, and so far every US court has recognized that bitcoin is a thing of value.

Thanks for advice, it maybe useful and necessary info for many.

I'm presuming the arctic and antarctic are unregulated.

Bloody penguins, you know what they are like..... unruly bunch.

 

[NewLiberty]

it is everywhere legal, nobody can shut down the internet,
so you can use it trough tor or other proxys everywhere.

Yeah neither the bitcoin nor the users have to worry or think about whether it is legal or not. If you think it is legal go for it and if you think it is not legal then its an individual decision whether to stay or just leave it and think of some other investment options.

Lots of things were once illegal.
freeing slaves,
Women voting
giving food to homeless people
going on strike
being gay
owning gold

Is it possible that some law is unjust?
Is it possible that not all governments are perfect and without corruption?

[molontove]

it is everywhere legal, nobody can shut down the internet,
so you can use it trough tor or other proxys everywhere.

Yeah neither the bitcoin nor the users have to worry or think about whether it is legal or not. If you think it is legal go for it and if you think it is not legal then its an individual decision whether to stay or just leave it and think of some other investment options.

Lots of things were once illegal.
freeing slaves,
Women voting
giving food to homeless people
going on strike
being gay
owning gold

Is it possible that some law is unjust?
Is it possible that not all governments are perfect and without corruption?

being gay  ??   you are a sick motherfucker  , how could you support two guys with two dicks fucking each other from the asshole ?

[CheckOut3]

Well, i see some countries ban it but sooner i think it will be used in all countries.

[RGBKey]

How the hell can you even regulate the use of bitcoin...what do they do, have the ISPs block ports to bitcoin nodes? There are plenty of ways to get around that. I know some mining pools let you submit raw transactions to them.

[NoRespect]

nice picture
I think here only a few countries that legalize bitcoin, perhaps because the transaction is usually used for deepweb or underground

[lance04]

Yes, the company of bitcoin is legal. All requirements that requires by the government agencies are comply by them; which is gives them a juridical personality and recognize by the government as legal entity.
From this they have authority which comes from the government to operate.

[jungwong]

It's not inherently illegal, but it is very difficult to use in a legal manner, and most utilizations will be questionable, if not actually illegal. However, I think the concern about governments shutting down currency is a red herring, at least regarding the US government, which actually subsidized the Ithaca Hours system of alternative currency, via its Vista program.

[biskitop]

I think it's legal. Because the whole world still recognizes and uses bitcoin. If any country wants to close the bitcoin, other countries are even more declared about bitcoin regulation. It proves that in outline, bitcoin is legal.

[coinFlipCoin]

It is not a legal means of payment yet. But it is in the status of a good which is a big step forward!

[DomainTorrent]

Well, bitcoin is legal in some countries while there are also other countries which treat bitcoin as illegal. Depending on where you reside, you can always check on google whether your country welcomes bitcoin or not. Because bitcoin is decentralized and anonymous in nature, governments are concerned that this type of cryptocurrency could always be used for criminal activities. Country such as Vietnam treats bitcoin transaction same as money laundering. The good news is that, most major countries say yes to bitcoin.

[BlasterS]

Of course the company and management of bitcoin is legal and all things from them are legit.
They follow all the requirements needed by the government in order to recognize them as a legal entity and had authority to operate in conformance of the law; from this you are rest assured that investing here is safe and not a scam.

[AlexInTheOcean]

A regulation was long awaited, not sure that it would be for good only.... And what should be called legal depends on the country.

[katinko]

Bitcoin itself is legal but it depends on the treatment of every country some of them are banning bitcoin because they all know that bitcoin will effect their economy that is why government doesnt like to used bitcoin for their cpuntrymen.

[shrivi]

Indian govt says it does not recognise bitcoin as legal tender amd terms it as ponzi scheme

[donalfonso]

Saying something is legal, means its backed up by a law or something similar, so since most countries dont have such framework, it cant be said to be legal and neither has it been declared illegal in most countries. So i think bitcoin is a new phenomenon countries have to find a way to accommodate, but as at now its not illegal, conveniently being accepted, and ignored by some governments for now, but all this will change soon.

[Granxis]

Of course the company and management of bitcoin is legal and all things from them are legit.
They follow all the requirements needed by the government in order to recognize them as a legal entity and had authority to operate in conformance of the law; from this you are rest assured that investing here is safe and not a scam.

Countries that banned Bitcoin forbid Bitcoin because it poses a threat to its taxation system, not because of its investment objectives. This ban will not be harmful for Bitcoin, prohibited countries made a very risky move.

[expert4knowledge]

As long as you don't live in Bangladesh or China, it's perfectly legal

[christmark183]

i think for now. Bitcoin is ilegal because not all country can accept bitcoin.

[rhamzter]

In any country, bitcoin are not legal however due to following in rules and regulations of each country they were decide to allow crypto currencies or digital currencies in any nation. Otherwise I never lose hope that someday bitcoin are allowed to any country without any restrictions.

[contractus325]

Does anybody know how it works in Russia? I'm just curious. Thanks for answer

[BENJAMINE COOK]

The answer is, yes, depending on what you’re doing with it
Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.

[m0rrov]

The opinions of different countries about bitcoin are divided, but in general they fall into the following two groups:
a) Countries that have decided to develop a regulatory framework for the active implementation of digital currency in the economy. (USA, Croatia, Germany, etc.)
b) Countries that consider the crypto currency to be illegal and try to prohibit or restrict its use (China, Russia, Thailand, Vietnam, etc.)

[Virtual miner]

Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

I would like if there is addition about the countries where bitcoin is concretely banned. I mean its even criminalized. Which are these countries and what place do they occupy in world economy and how much do their legality affects bitcoin's price. Moreover as market cap of btc increases we might see a lot of countries coming towards making a regulatory authority for bitcoin.

[Streets 2.0]

I want to tell about my pain in Russia! Hell! I'm a person who has bitcoins, but they can not buy anything here because they are outlawed and generally it's not known when the situation will change. The IT ministry is trying to fix the situation for years now and what do you think? Nothing, it's empty, zero! We are still at the same point as we were two or three years ago. It so saddens me that I do not even find the right words to describe my indignation!

[Dreamchaser21]

In any country, bitcoin are not legal however due to following in rules and regulations of each country they were decide to allow crypto currencies or digital currencies in any nation. Otherwise I never lose hope that someday bitcoin are allowed to any country without any restrictions.

Many countries are banning bitcoin but later on they realize the importance of great innovation and then they end up regulating bitcoin. But still countries that make bitcoin illegal will surely adopt this technology, its just a matter of time. Legal or what no one can stop bitcoin and it will continue to soar higher for sure.

[terrific]

In many countries, bitcoin is not legal.

No, there are only few countries where bitcoin is illegal. Check out this list https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory Companies are looking to bitcoin now as something different in terms of investment and currency. There are big advantages that someone can take if he's going to stick with bitcoin and will have it as both investment and currency and in a country where there are no rules about it, it's not legal nor illegal.

[AHMADYTRADE]

I don't think that it can make any difference using bitcoin across the globe. Bitcoin is decentralised and even Government don't have any command on the usage of bitcoin. Bitcoin was accepted and will be accepted across the globe as the identity of person is not disclosed.

VENEZUELA is almost to launch his own cryptocurrency support y the goverment it is legal what do you think about.?

[christmark183]

yes.

[lhadygreen]

Just like people, you can't stop Bitcoin because it also has freedom.
Though in some countries it is banned. While other countries are on its way to launch
their own cryptocurrency.

[daddypastes]

Who cares if its legal or illegal?? Whose gonna keep watch on it?? Everyday large number of bitcoins are bought and sold who is gonna keep watch on it?? People are using and will continue to use it even the Government oppose it. So discussion on this topic is useless.

bitcoin is a legal,because if bitcoin is ilegal i though this campaign is not become well known in the world....
so bitcoin have a freedom to spread his signature campaign....it will accepted to entire world...

[Hifemih]

nice update

[Streets 2.0]

If I think about the topic of ligature, I get the idea that this is individual! In each country of the world the relation to bitcoin and consequently the legislation differs. And yet this topic is fresh and seriously developed and introduced only in Japan. I think that 10 years will pass and against the background of the next economic crisis, all countries will take over the head and integrate into their financial systems crypto-currencies as a means of payment and exchange. (the equivalent of goods and services)

[BigTeeths]

It's legal here in us but I don't know for how long. Our government still does not  recognized and it has not been talked about in news in all major stations so I'll just enjoy while this freedom still last.

[Lanacoco]

January 1, 2018 Vietnam forbids the payment of Bitcoin and other types of cryptocurrency. 

[Ompyon]

It's legal here in us but I don't know for how long. Our government still does not  recognized and it has not been talked about in news in all major stations so I'll just enjoy while this freedom still last.

that's right, in my opinion, the law of bitcoin is still vague, because there is no law against it,
so we can still use bitcoin, until there really is a law that forbids it

[Enjorlas]

It's like weapons, it's legal, it's people who use it to do illegal things

[Iacomus]

I think bitcoin is legal. It depends on what country you will use bitcoin.

[bennysax]

In my opinion, bitcoin is legal but the legality of bitcoin depends on the policies put in place by the government of a particular nation. So many countries have already started keying into the reality of the currency as it's acceptability is spreading like wildfire. Unfortunately, the government of many nations will find it difficult to stop this reality as the coin is widely acceptable across nations of the world.

[SamsungBitcoin]

Bitcoin currency is legit but not legal in every country, many governments are against in crypto currency they seeing that this currency would be a threat for their economy because if many people used this it would be big lost in earning of government.

Here in my country virtual currency is not yet recognize as legal currency but they do not restrict people to used bitcoin they only give some advise to all people using it.

[Rajamuda]

The main concerns considered by most countries that hasn't legalized bitcoin, I think the government is still concerned about the adverse impacts on the country's economic system and the risks that would be borne to the country.
This digital currency till nowadays indeed is already proven to be very helpful for finances that make we said as though it should be legal, however the government still considering many things related to the impacts that will be received on the country and its citizens, because bitcoin itself is really anonymous and prone to a criminal acts committed by the community.

[IvyAguas]

Legality of bitcoin depends on how you use it.. when you use it on legal matters/transaction it will be cosider as legal.

[daddypastes]

i don't see much of a difference between free to use and not regulated(in the first case it will be regulated too in the future i suppose...), also it surprise me that in the whole asia basically, bitcoin is restricted, i thought that only china has restricted it via exchange

legalized in bitcoin is considered ,it depends to bitcoin if they want to become legal...
main considered countries legalized bitcoin,if the government allow to become legalized the bitcoin it is nice way to us and good news...

[Streets 2.0]

We often repeat the phrase in Russia: "What is not forbidden is allowed!" - The topic of bitcoin and crypto currency is not described in general by laws. Therefore, all the coins and other market participants froze in anticipation - in fact the state announced that this year it will be corrected and in the future will be under close surveillance of the state. Legal definitions will be given to such concepts as "crypto-currency", "ICO", "mining" and others. 

[Conquerogue32]

Bitcoin has just been made illegal in S. Korea, which brings really bad news since a lot of people in Korea are into Bitcoin and ETH. 

[John D. Smith]

Bitcoin is considered an open source codec based on open source code that was released in 2009 by Satoshi Nakamoto. Bitcoin real is a number of hierarchical characters and digits to access the block chain (write policy) of its exact value. When we pay someone, we need to tell the chain to know how much to move. "Book number" is not subject to management of the state or any organization. It was encrypted virus with the mystery partners with target targetupdate problem. It was updated 10 minutes / times. All our services also need to wait 10 minutes, to be accepted.

[jacksonmark30]

As far as I know, Bitcoin or any form of crypto trading/exchange is not illegal unless a certain govt says so..

[NicG13]

Bitcoin is still legal in the United Kingdom.

The fundamental problem with BTC and other cryptocurrencies is that they subvert the sovereignty of the state.

This will not go down well with most states.

But then again we may be entering a new era, a much more democratic and global era!

Remember, the nation-state is only a few hundred years old; it was effectively brought into being by French statesman and church cardinal Richelieu.

Cryptocurrencies might usher in the first planetary empire.

Who should be in control?

My heart says the people!

My mind is skeptical...

I might actually open up a new thread on this issue.

[sistapirata]

this is has been goinon for some time......is ha sbeen legaliozd in some region

[Shirley J. Johnson]

Done, to be considered a currency must determine the Bitcoin must have signs as a real payment, store the value. But Bitcoin has not fully implemented the features because it has many countries that have not received it as a means of paying for the money generation. Không thể hiển thị biểu thức chính xác, nó không thể hiển thị biểu thức chính xác cho giá trị chất lượng cao, hoặc có giá trị của giá trị khác nhau. The value of Bitcoin depends on its value, depending on its usage, depending on the market, the country accepting it ... Therefore, in this there will be shades of goods brought out to exchange. với phương pháp khác nhau cho các giá trị khác.

[Streets 2.0]

It seems to me that if you do not use it in calculations due to technical or some legislative grounds, this does not mean that it is outlawed. If you do not cash them out and you use it when converting, it is unlikely that someone will condemn you for this. And if you try to "wash" them through cashing and still do not declare this income - then you yourself are to blame making yourself a criminal. You can always find a compromise and follow this logic to avoid responsibility even if it is provided for by law.

[ace4549]

Yes,  bitcoin is super duper one hundred percent legal.  They comply all requirements request by the government in order to be recognize as a legal entity.
Bitcoin is supported by lots of companies and local governments therefore they have a authority from the legal position to operate in the business world and establish its eon image.

[Streets 2.0]

The question "Is Bitcoin legal?" - the same question as "is USA dollar legal?" - After all, its issue is not the federal treasury USA a Federal reserve. (Private Bank) The USA dollar itself is not provided with gold, nothing. All that ensures its stability and existence in the world is the US Navy. Therefore, we can not say that the provision of these currencies is very different. Approaches and technologies for building people's faith in these currencies are different - but there is something in common. Soon the bitcoin will be confirmed, I'm sure, the question of its legality should be removed by UN.

[Streets 2.0]

Legalization or prohibition? Neither that, nor another - in my opinion. After all, such technology as blockchain can not be stopped - it can only be directed to a creative direction and create something useful and qualitative on its basis. However, as with any innovation here one should be cautious - there will always be individuals and groups of people who will want to use this business for evil. Bitcoin is going through bad times now - does this mean that we are witnessing the decline of the crypto currency or is it just a temporary phenomenon, "experts" say one thing about "sunset" and "transformation." I believe that even if not bitcoin itself, then its "children" will be able to fix all mistakes and become a full currency as a means of payment and accumulation!

[MetalBall]

it is a big issue in many country because bitcoin doesn't pay taxes thats why many country said that bitcoin is illegal even though it is not illegal in such a way of using it. In many country taxes is the best enemy of bitcoin.

[Joemzz31]

its depend upon the situation, because when bitcoin is use in illegal way it will become illegal but if you use it in a Right way it will be legal therefore use bitcoin a nice way and not in an illegal way.

[Streets 2.0]

I return to this "eternal" topic about the legality of bitcoin. I think that we are on the threshold of a new era with respect to crypto currency and bitcoin too. Mass legalization is coming, because investments in this industry are growing at a pace that does not make sense to deny. The main thing today is information! - its reliability and the main thing in time! - Then we will have good results. Investors have always been and will be, so this question of legality for them is secondary. 

[kiedis]

It is legal as long as it is not considered illegal. Anyway, cryptos are going to be regulated, that is for sure. But is it even possible to make it illegal? People, if willing, will use it anyway.

[Tharel]

It was proven to cause an argument with law and tax agencies so I can say that it's legality mainly depends on the country where you live. Nevertheless, some powerful countries like US,UK and Japan are taking it's idea positively, hope other countries will do the same.

[jvper]

Bitcoin can be perfectly legal, as well as perfectly outlawed. Remember that governments are autonomous and have sovereignty, which enables them to outlaw bitcoin and other cryptocurrencies if they desire so.

[s31joemhar]

Yes, bitcoin is a legal company or entity who has a right to operate and recognize by the government in all of their transaction. 
The company of bitcoins complies in all requirements imposed by the government so they have a jurodical personality and legality in our industry.  You don't have to worry about because bitcoin is the safest company for investment.

[harbin55]

Yes, the company andmanagement of bitcoin is a legal entity and have a compliance under the jurisdiction of the law and has authority to operate.

[ariaalex]

Yeah it's  legal. I thinnk it has a great future ahead for the bitcoin community.  it would definitely grow more.

[Seeker#9]

It depend on which country you lives. Here in my country, we can freely use bitcoin even it is not legalized by law but recently the central bank imposed a regulation in some of the existing bitcoin exchanges and their reason is to protect the bitcoin users from being victimized by any unlawful activities. I hope my country will not follow what China has done to their exchanges and miners recently.

[david_019]

If the government has no something to say about it or they just remain silent bitcoin will never be illegal nor legal but has no formality condition and the final say always rely on the government.

[yesboiasni]

It depends on your country.
Some countries made it illegal some made it legal.
So yea..

[dokie987]

https://i.imgur.com/fuvWAPB.jpg?1
Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

This is great, we can now view on the map the movement of the bitcoin around the world. As we can see the regulation of bitcoin is spreading and will cover it's color the entire world. And that means the bitcoin is strongly used. 

[Shaiz3515]

I think its legal it's innovative way of trading  but as many countries are not aware about the bitcoins so I think who knew verywell about it just promote then only no one can stop it.....

[AmeSakibimasu]

here in my country Philippines its legal but others are not like Bolivia,Equador,Bangladuesh,Nepal. They abused too much bitcoin
by selling any kinds of products that are usually illegal to their country it might be a big disadvantages from their places until the government decided to banned bitcoin because of their safety the reason why others are not because they handle it without any worry by the government but they still do observed even though they allow them to use bitcoin.  

[jlaw007]

legal means not against the law, so it depends. Some places are trying to ban it since it seems that it has be used for illegal things. Govts will try to regulate it but that's not the point of btc.

[Streets 2.0]

Recently, the Ministry of Finance of the Russian Federation published a draft law on "crypto-currencies, ICO, etc." - If to be brief, this is a complete failure. In particular, the law essentially prohibits the illegal production of crypto currency (any), its sale is allowed only through qualified and authorized (verified) state brokers. Gains = entrepreneurs and are required to pay tax. Citizens are treated with crypto currency at the level of 50,000 Russian rubles. = $ 850.

[mahto121]

I'm presuming the arctic and antarctic are unregulated.

[xankor]

Yes. With the exception of several countries

[tambok]

here in my country Philippines its legal but others are not like Bolivia,Equador,Bangladuesh,Nepal. They abused too much bitcoin
by selling any kinds of products that are usually illegal to their country it might be a big disadvantages from their places until the government decided to banned bitcoin because of their safety the reason why others are not because they handle it without any worry by the government but they still do observed even though they allow them to use bitcoin.  

Actually bitcoin is not yet legal here in our country, it is just that we are open for this kind of opportunity and our government is busy enough to this kind of situation, they are still focus on the crime we are facing at especially drug related concerns, but the temporary thing that they did last year was those bank account transactions related to cryptocurrency was subject for account disclosure. But, we are thankful that at the end of the day they already accept it but not totally legal.

[Johnyfun]

It's legal here in us but I don't know for how long. Our government still does not  recognized and it has not been talked about in news in all major stations so I'll just enjoy while this freedom still last.

[voron84-05]

    I do not understand how you can talk about the legality or illegality of bitcoin. As a rule, services provided for payment by bitcoins are not legal.
    But after all, illegal services are paid not only by bitcoins, but also by other currencies.
And the fact that different governments try to outlaw the Bitcoin, it's just their ridiculous attempts to lobby the interests of bankers and nothing more.

[Ojengonggu]

legal issues and whether bitcoin in a country includes issues that are very influential on bitcoin prices. I think a country can not bite bitcoin because they can not set prices as state money and monitor existing transactions but if they insist they still do not legalize then they will be left behind.

[greenpath]

Absolutely yes. Bitcoin is very legal in some countries and forbidden in some countries. It looks like there is side by bitcoin and there is against to bitcoin. Maybe the countries have a differences of valid reasons that drives them on what they wants about bitcoin.

[[As]]

I am deepy suprised that BTC is illegal in many countries. I live in Ukraine and I must say that BTC is really illegal. And it is very bad because many people approve of this system but dovernments are not. So let is support BTC and i am sure that in furute everyone will use this system.

[leaudmeister]

it is legal for some countries but on the others they may look at it as a threat or a competitor since this is a fast growing industry, and maybe what makes it illegal in the eyes of the others is that it is not controlled by the government or any governing bodies since it is decentralized.

[quality.crypto]

The major issues with the countries is Bitcoin is not controlled by them and Bitcoin is mainly technology based coin. Already in some countries Bitcoin is legalized because they want to improve their technology along with Bitcoin blockchain. Soon we can expect countries start adopting the bitcoin as a legal tender.

[bajigur894784]

Yes, is bitcoin legal. As a virtual currency that does not rely on any state authority, regulation and legal status may not be the most noticed from Bitcoin by the user .

However, the government's authority that often prohibits or even punishes Bitcoin users can obviously inhibit the growth of bitcoin globally.

[lovepale]

According to the map bitcoin is legal in more countries and illegal in other countries or not accepted. This is shows up that the decisions is base on other countries leaders on how they deal to another newly form of business. Crypto is not only for those who have crypto coins but also to everyone who wants to receive and access bitcoin. Bitcoin is legal and freely legal in countries that foreseen the future of crypto money in the coming future. Bitcoin is legal if the government does not forbid crypto.

[changcloy]

ofcourse it is legal but some of the country's still don't know about it or still thinks its danger well tjey are even right for some points too it can be dangerous if we don't use it well..peoples are the only one who are making it legal and govenments are the one who are making it illigal because it can put a full stop on their curruption

Definitely agreed with you mate Bitcoin is legal because we have knowledge what is bitcoin and we are working for it now, before i also think that this is illegal or scams that is why i'm a little bit late and hesitate joining here in the forum when my cousin introduce this to me so i can't blame people who would think that bitcoin is illegal .

[deean_3one]

In my country of residence, bitcoin is not legalized by law. And the government also forbids the use of bitcoin as a means of trade exchange. However, the government does not prohibit us as citizens to save and have a bitcoin for investment.

[jaocoincrypto18]

legal means not against the law, so it depends. Some places are trying to ban it since it seems that it has be used for illegal things. Govts will try to regulate it but that's not the point of btc.

The most likely answer will be its depend upon the country  if they will legalize it or not but to have a whole majority big answer if Bitcoin to be a legal or not i suggest it should be the the United Nations will be the true rulling judge regarding Bitcoin legality issue because most countries is member of this organization. If the UN will declare Bitcoin is legal or not then it has a powerful mandatory resolutions that all countries shall obey.

[biboy]

legal means not against the law, so it depends. Some places are trying to ban it since it seems that it has be used for illegal things. Govts will try to regulate it but that's not the point of btc.

The most likely answer will be its depend upon the country  if they will legalize it or not but to have a whole majority big answer if Bitcoin to be a legal or not i suggest it should be the the United Nations will be the true rulling judge regarding Bitcoin legality issue because most countries is member of this organization. If the UN will declare Bitcoin is legal or not then it has a powerful mandatory resolutions that all countries shall obey.

Good thing that here in my country the adaptation is widely accepted when it comes to cryptocurrency that is why a lot of businesses sees this as a good opportunity to accept bitcoin as way of payment, actually, we have already launched our first decentralized ICO and we are all  hoping that it will become successful.

[Karenita_el]

I'm new to crypto, and have some questions. Regarding legality: I'm concerned about the FED. Not a nice bunch of folks when it comes to our money system, the world's money system, and all the central banks that they control, and so on. I'm referring to the power the US Constitution grants the US Congress to coin money:

To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;

To provide for the Punishment of counterfeiting the Securities and current Coin of the United States

Has Congress any hand in this? I'd rather it didn't, but it's a legit question. What's to prevent Congress from declaring cryptocurrency counterfeit money and nail anyone who uses it? Just a question. I don't want my head bitten off, please.

Now, "[t]he Federal Reserve Act (ch. 6, 38 Stat. 251, enacted December 23, 1913, 12 U.S.C. §§ 221 to 522) is an Act of Congress that created and established the Federal Reserve System (the central banking system of the United States), and which created the authority to issue Federal Reserve Notes (commonly known as the US Dollar) as legal tender. The Act was signed into law by President Woodrow Wilson."

They DO NOT want anything to threaten their central banking system. JFK created Executive Order No. 11110, which "...delegating to the Secretary of the Treasury the president's authority to issue silver certificates under the Thomas Amendment of the Agricultural Adjustment Act, as amended by the Gold Reserve Act. The order allowed the Secretary to issue silver certificates, if any were needed." It's still on the books.

This part of the above paragraph from Wikipedia doesn't make sense, though, but Wikipedia is a questionable entity: "during the transition period under President Kennedy's plan to eliminate Silver Certificates and use Federal Reserve Notes."  Why would JFK issue an executive order to create something that he would want to eliminate? I'm quite sure he created this ex order to counter the FED. He knew they were a dangerous entity, and they are.

Some silver certs were printed--my father showed me one years ago, but I was a kid and didn't understand what it was or why it was different from other money--but after his assassination, none has been printed. I'm not saying they were behind his assassination, but I'm not saying they weren't.

What's the word on any of this? I honestly don't feel like digging through all these comment to find answers. Sorry about that. I'm so curious, though.

Thanks in advance.

[malamjumat8]

in my opinion, bitcoin can be legal and can also be illegal. depending on the country, there is a legalized some are not.

[Vektrum]

i don't see much of a difference between free to use and not regulated(in the first case it will be regulated too in the future i suppose...), also it surprise me that in the whole asia basically, bitcoin is restricted, i thought that only china has restricted it via exchange

Perhaps the difference between the free-to-use crypto currency and the non-regulated one can be explained by the example of Russia. There the crypto currency is not regulated yet, but it can not be said that it is freely used there. Moreover, in Russia a draft law has been drafted providing for criminal liability for the use of crypto currency as a means of payment for goods and services. This law can be adopted in spite of the fact that the issues of regulation of the crypto currency can be considered much later. It turns out that there will be no free circulation of crypto currency in Russia, although these issues will not be regulated for some time.

[godwyn50]

There are generally two types of currency from a legal perspective, there is legal tender and legal currency. Legal tender is simply currency that cannot be refused in the fulfilment of a debt. Legal currency is currency that is recognised by the government as a legitimate manner to pay for goods and services.
As the market capitalization of the cryptocurrency market shoots up, through price movements and a surge in new tokens, regulators around the world are stepping up the debate on oversight into the use and trading of digital assets.

[denny27]

Looking on it, it seems really true bitcoin hasn't really recognized by the whole world, it is a digital currency that really is not known yet more deeply until all the things in it related to the its technology as well.
Every countries with differing opinions on bitcoin will certainly make this a big question that will legalize or not, well about this., the time will answering it, and I'm more guessing it will be accepted in most countries until it becomes legal.

[setyooaoe889]

I think bitcoin is legal

[daddypastes]

it depends to country government if they put to illegal the bitcoin but for us that we know already about bitcoin we fight for making bitcoin legal in our country because we know that bitcoin will be helpful to us...but some of the country's still don't know about it or still thinks its danger well tjey are even right for some points too it can be dangerous if we don't use it well..peoples are the only one who are making it legal and govenments are the one who are making it illigal because it can put a full stop on their corruption and no one would be becoming poverty...

[Eleven86]

it depends to country government if they put to illegal the bitcoin but for us that we know already about bitcoin we fight for making bitcoin legal in our country because we know that bitcoin will be helpful to us...but some of the country's still don't know about it or still thinks its danger well tjey are even right for some points too it can be dangerous if we don't use it well..peoples are the only one who are making it legal and govenments are the one who are making it illigal because it can put a full stop on their corruption and no one would be becoming poverty...

Where I live is not yet annuonced as legal or illegal. Its yet to be adapted i would say. I predict my country would probably adapt/allow crypto currencies in the country realizing the needs of it. There are news that the country is working behind to crreate a new crypto coin. We have another business man, planning on  to reate a new coin with the support of his son and the team. So lets wait and see the good things happen.

[Sithara007]

The definition of BitCoin as money is not as straightforward as you might think.Some institutions consider it a luxury or a commodity.It is perfectly legal to receive,trade,buy and sell bitcoin.Their are no laws against it anywhere (I'm pretty sure) unless you live in a place like North Korea.

May be you should improve your knowledge about the legality of Bitcoin. You may be "pretty sure" that there are no laws against Bitcoin anywhere in the world. But that is not the case. Bitcoin is explicitly banned in countries such as Ecuador, Nepal, and Kyrgyzstan.

[sundul]

Nice Map it! I think Bitcoin is still not legal. There are still many countries around the world that strictly prohibit the use of Bitcoin. Including in my own country, Bitcoin is banned in the form of a transaction tool but is still allowed for investment assets. But I hope in the future Bitcoin can be declared legal by all countries in the World.

[hacekd]

Today, many policymakers in the world already know about digital currencies like Bitcoin, but many of them have not made legal or legal rules about digital currency because of the complexity of digital currencies like Bitcoin - whether Bitcoin should be set as one currency ? Payment instrument? Or investment assets?

[welliamy]

Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

So many country that bitcoin is legal
It depends by country to country and to the union
Vietnam-bitcoin is legal to trade and hold but it is illegal
As payment tool.

[ahmad21]

Well I would like to edit your map a bit. India has not restricted its usage really. Infact they have no law about it. Our ministers have been gibing a few statements about how bad bitcoin is but there are no such laws which make its usage restricted. There is a committee which has been pondering over the threats caused by bitcoin and cryptos and still has to give its report. Moreover you cant expect all countries to make it legal. We dont have any regime which is practiced by every country of the world decisions and rules will vary for sure.

[bizar]

https://i.imgur.com/fuvWAPB.jpg?1
Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

HI GTA,

The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them.[1] Whereas the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications. While some countries have explicitly allowed its use and trade, others have banned or restricted it.

Hope this clarifies your question

[Greenkarki]

Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

It depends upon the country which you resides. It varies from country to country. Some countries had banned bitcoin already. Some countries plan to banned, but still many countries in people use bitcoin for their basic needs. Never mind whether it is going to banned or not. If it is acceptable in your country then use it. Still bitcoin is legal in amny countries.

[maarx]

Common question is being asked often. It depends on where you live. We have countries who have announced that bitcoin it legal and they have grown up well increasing its economic status by trading crypto currencies including bitcoin. We do have countries who are yet to accept and who have denied accepting bitcoin as legal. Its their lack of blindness. They will certainly adapt bitcoin when other countries in the world accepted it.

[Sayed Rifat]

https://i.imgur.com/fuvWAPB.jpg?1
Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

Many individuals are concerned about the legalities of Bitcoin; however, it is currently legal in all 52 states in the United States of America, although each state has their own policies. California recently enacted a law making bitcoin and other virtual currencies officially legal in the state.

[palvinta]

If for my country Bitcoin not yet legal. But do not know if in your country Bitcoin legal or not I do not understand. But I hope Bitcoin can be legal throughout the country in order to more easily use Bitcoin freely.

[HereisTommy]

I'm sure that bitcoin is 100% legal itself. Yes, there are some methods of dark usage of btc, but it depends on people, not on bitcoin!

[kaisa]

bitcoin can be legal or illegal depending on the country itself, if the country is smart and able to set the bitcoin then it is the right decision.
however, when the country has not been able to manage bitcoin, it does not mean the country is stupid, because every country knows their own position to legalize bitcoin.
bitcoin problems not only on the security aspect, but internet access user support that has not spread all over the country. the readiness of the state to make regulations about KYC on each user, tax issues, money laundering, gambling, and many others to set.
In conclusion, each country has its own policies.

[german1080]

I am from Argentina and here bitcoin is not prohibited to invest in cryptos, it is slightly regulated, but in Chile I read that some banks are regulating the cryptos

[Greenkarki]

I am from Argentina and here bitcoin is not prohibited to invest in cryptos, it is slightly regulated, but in Chile I read that some banks are regulating the cryptos

It depends upon on the country which you reside. Some country's it is legal and some countries announced bitcoin as illegal. It purely depends on the government of the country. The main reason government not allows bitcoin is it dominate local fiat's. People are forget to use local currency once bitcoin is accepted.

[Kromoshom]

I think the legal status of Bitcoin and the digital currency is still a hot debate to date, but significant progress is evident in some countries

[BennyK]

Bitcoin has changed lives positively and the governments of these areas where is it restricted and forbidden know about it. Bitcoin and its Blockchain create job opportunities which goes a long way to enhance the economy of a country yet most governments are not in support just because it is decentralized which ensures no authoritative body in full control of Bitcoin and its transactions.

[rolerVX]

I am from Argentina and here bitcoin is not prohibited to invest in cryptos, it is slightly regulated, but in Chile I read that some banks are regulating the cryptos

It depends upon on the country which you reside. Some country's it is legal and some countries announced bitcoin as illegal. It purely depends on the government of the country. The main reason government not allows bitcoin is it dominate local fiat's. People are forget to use local currency once bitcoin is accepted.

Then it should be the main problem of the government incase the people get crazy to bitcoin. For example instead put money for the necessary needs they put it to investment. Somehow it should not forget the condition of the country where bitcoin can lien on. To consider the condition is one of the main way before recognizing bitcoin in the country. It should be a blessings and not a curse. The laws is depends on the country.

[jelzsavellon]

I think its depend upon the situation, because when someone using bitcoin in the wrong way its become illegal,,, but if you use it in a Right way it will be legal therefore using bitcoin in a nice way and helping other people..

[cryptojac17]

I think its depend upon the situation, because when someone using bitcoin in the wrong way its become illegal,,, but if you use it in a Right way it will be legal therefore using bitcoin in a nice way and helping other people..

I think legality of bitcoin will only for  a certain nations but they don't have  any jurisdiction outside their country because we all knows that bitcoin is no boundaries, and you cannot stop your citizens from using  bitcoin if it used in good faith. Unless otherwise being used in illegal activities.

[Purplefinder]

Yes it is legal, in many countries across the world.

[QuynhVu2302]

Bitcoins are not fully recognized, even in countries where bitcoin is accepted, most of them still consider bitcoin as a commodity or as a stock, not as a currency. There are still a lot of issues to be addressed in order for Bitcoin to be completely legal

[GideonGono]

Well there are some left countries that aren't implementing bitcoin , but lets say 80 percent know and implementing bitcoin or legalizing bitcoin on the country , and the other percentage which is 20 percent let's say , still doubting the bitcoin and that 20 percent is on some asia countries.

[Tengcreneng]

What is clear in my country Bitcoin still not legal and do not know when will be legalized. But I also do not really follow the development of other countries that have legalized Bitcoin or not. And I hope someday Bitcoin can be legal in my country even all countries can legalize it.

[Domenc]

One can easily see that nearly 1/4 of the world considers Bitcoin as proper commodity and made it legal rest there are so many countries where it is still unregulated and more than that countries where there is restricted use and which include one of the most populated countries like China and India. I consider the countries where it is restricted as critical as they ban ban its use at any time. It will be very hard to grow if such huge populated countries step down from crypto currency system.

[djadmika]

Bitcoin is a decentralized digital currency which is fast (we can do transaction within seconds only), cheap (low fees transaction or even free) and secure (no risks on losing like on fiat money). As far as I know owning bitcoin is not illegal as long as we use it for right purpose although there are some debates in some countries about using and trading digital money. In Indonesia (My beloved country) owning bitcoin or other digital assets is not a crime, but we are not allowed to use it for transactions/payments. That’s means all transactions/payments must use our fiat money.

[qwertyup23]

Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

The legality and status of bitcoin depends upon the country that you are staying. Most countries in Asia accept the utilization and transaction of bitcoin especially countries like Japan, and the Philippines as they are taking measures in order to improve and develop it for the public. While there are countries that view bitcoin as legal, other countries around the world prohibit the utilization of such due to many reasons, such as:

• Due to its decentralized nature, the government cannot regulate the use of bitcoin and they resort to prohibiting it;
• Its anonymity factor in transactions makes it a perfect gateway and currency under the dark web for illegal transactions which can contribute to the criminality rate; and
• Some banks see it as a threat to the economy and to the general public since investing into a foreign website may lead to scams and hacks.

[cryptorocket84]

It all depends on your country whether or not it is legal, if we will tell ourselves the truth whole lots of things are not legal but we still do them, then how much more Bitcoin, we are talking about money here seriously when money is involve believe me man will not look at the legalization of it.

[Chacha1000]

Bitcoin is legal. I mean bitcoin have come this far over the years ,so many platforms and countries have come to embrace and appreciate bitcoin .

[muneeb.zain]

Bitcoin mush be legalised throughout because it must be helpful to some extent

[vessing]

The state must recognize that there are crypto-currencies.You just have to agree that they are, and that they are completely legal

[Farahtenan]

Yes, this map does show the legal status of Bitcoin around the World. But if I think Bitcoin is not legal yet is not prohibited. It's just that the Government of every country does not want to legalize it. Yes, of course, the government has a compelling reason why so far not dared to legalize Bitcoin. If for me personally, this is not a problem, the most important thing I can still use Bitcoin as my investment assets.

[Jimbo Abu]

Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

bitcoin is the fact that I know it's legal not because it does not take a bit and bitcoin has just been using bitcoin's name for a human scam for personal interest but the bitcoin really knows that it's legal.

[AliMan]

Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

Ever since the now-defunct Silk Road gained notoriety, regulators have been concerned about Bitcoin’s semi-anonymity and decentralized nature. In the U.S., as well as in other countries, authorities fear that the platform could be used for money laundering and the purchase of illicit goods without being traced. Therefore the point of view of many countries about bitcoin is split. Many countries banned bitcoin but many are legal. n other places around the world, the legality of Bitcoin is viewed differently, but for the most part it remains relatively safe to use as long as it is not tied to illicit purchases or activities.

[auliasilvana]

This interactive map is very cool indeed! We all know about the legal status of Bitcoin in the world globally. Apparently, a lot of countries are freeing up the use of Bitcoin in the country. Surely this is very good for the development of Bitcoin in the future.

[Choy13]

Of course it is legal in some countries. But some countries don't know a little thing about bitcoin or still thinking that it is scam/ danger. Though in our country it is not legal and it is banned, sometimes we need to break the rules. But i hope that it will be legalize in worldwide and no to corrupt government.

[jerix]

Bitcoin is not yet legal but the use of Bitcoin is not yet banned and is still fairly free. This map is really cool! From this map, I can see the legal status of Bitcoin in the World like what. But for me, Bitcoin remains legalized.

[sultansulaiman10]

most likely the legal but basically the current issue of bitcoin is that many countries are unfamiliar with such matters and the reason corrupt State Government agencies are very difficult to be legal because people do not know or are not accustomed to deceptions that do not show willingness to the people. people to accept it.

[sultansulaiman10]

most likely the legal but basically the current issue of bitcoin is that many countries are unfamiliar with such matters and the reason corrupt State Government agencies are very difficult to be legal because people do not know or are not accustomed to deceptions that do not show willingness to the people. people to accept it.

I think of course it is legal but some countries still do not know it, or still think the danger of the future is also tjey even true for some points as well, or it can also harm us if not use it very well..peoples is something that can make it legal, govenment ie the person who made it inappropriate because it could lead to the cessation of their party rebellion

[ts sms]

https://i.imgur.com/fuvWAPB.jpg?1
Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

I believe that the legal or illegal thing of Bitcoin is dependent on the rule of one country. Because the governments of many countries have declared Bitcoin as valid and they are used in exchange for the exchange of Bitcoin in all countries. Again, the governments of some countries have declared Bitcoin illegal. So I think the legitimacy or illegality in bitcoin depends on the government or the law of the country.

[Bagaji]

Bitcoin legal or illegal depends on who you ask and the jurisdiction or country where the person in question leave tjat will determine his or her answer on whether Bitcoin is legal or illegal. Bitcoin and other altcoins are all illegal in my country and one cannot use it to purchase an items or pay for services here in my country.

[Woolles890]

I love this interactive map. Because this map is very cool and unique. We all can see the legal status of Bitcoin globally. Apparently, a lot of countries are free to use Bitcoin and I hope in the future all countries in the world can use Bitcoin freely. Yes though on the map it is Bitcoin forbidden in my country.

[SKyy991]

i'm sure in the future, bitcoin will be something like treasure. really

[asraaf8687]

may be legal, but in some countries the prevailing rules apply, but still know little about it or still think about the dangers also tjey even for some points too, most likely dangerous if we do not get it well. peoples one to make it legal, the govenment is the one who makes it uncertain because it can stop the rebellious insurgency

[asraaf8687]

this may be the minimum legal regulations of every person who is involved in money laundering. this is a blessing to them all or of course it is legal, why often troubled with bitcoin currency? just look at the current situation, where you are in a world without cash in your wallet whether only bitcoin currency as a means of exchange of this payment is great.

[asraaf8687]

according to our knowledge, Bitcoin there are no regulations that are legal by law in some jurisdictions. perhaps, some jurisdictions like Argentina or Russia are severely restricting prohibiting illegal (foreign) currency.

[Mukarram Tariq]

It is legal to use bitcoin in the United States, and payments are subject to the same taxes and reporting requirements as any other currency. There is no physical bitcoin currency the way there is a dollar, euro or pound. ... Ledgers known as blockchains are used to keep track of the existence of bitcoin.

[Bodj1997]

Ripple is considered the fastest digital currency. Most often, new crypto currency is a modified Bitcoin code, like Ethereum. The Ripple currency was created from scratch. As customers, venture funds - financial structures, investing money in innovative projects.
The goal pursued by the creators of Ripple is to increase the speed of banking operations, as well as savings in their implementation. On the site of the crypto currency you can find a calculator showing the potential savings of banks. According to him, with the number of transactions of 300 thousand units annually and with a turnover of 5 million dollars, the savings will be $ 3.4 per transaction. Thus, an annual financial structure can save more than one million dollars.
The new currency has been adopted by such large companies as HSBC and Bank of America. Another important difference between the Ripple crypto currency and bitcoin is that it can not be mined. All units of the digital currency have already been generated. They are the property of Ripple Lab. The total amount of digital currency Ripple is 38 billion units. Ripple Lab lists its crypto currency not for empty calculations, as in the case of the same bitcoin, but for processing data from world universities. The share of Ripple in the digital currency market is 5.7%. The unit cost of crypto currency is 18 cents.

[Hannahanto]

Bitcoin legal or ilegal it depends upon the country you lives. The government in your country only decides whether it is legal or ilegal. In some countries it is legal but with some rules. So many developing countries now accept bitcoin in their country. But some countries not accepted. Hope in future all countries accept bitcoin as legal. Developing countries are interested in digital currency so it will bring changes in all countries.

[armankozhin]

you can find a large number of Bitcoin ATMs in USA,is it true?

[casternetwork]

I think bitcoin is just another form of online payment like PayPal. So bitcoin is completely legal. But the government says bitcoin is illegal. That's what I find very absurd

[Dilerium90]

I think bitcoin is just another form of online payment like PayPal. So bitcoin is completely legal. But the government says bitcoin is illegal. That's what I find very absurd

I am not sure, that bitcoin is the same as PayPal. Because We now, that PayPal has own director and this service obeys the laws. The situation is different with Bitcoin, because no one can control the transactions and market cap is growing. That's why government is worried and try to take control.

[cryptoguy055]

I do not think that because many countries do not use it, because the country's corrupt government which does not allow it to be legal, even if Bitcoin is limited, then they do not stop or stop using Bitcoin.

[rachel_claismada]

Bitcoin is decentralised and even Government don't have any command on the usage of bitcoin

[ahmadbhatti]

Of Course it is legal. It is freedom cruncy and people like it very much.

[treatWy]

It it legal but not actually illegal. There are countries declared the prohibition of bitcoin. To make it clear theory they make it illegal. There are different kinds of views regarding bitcoin it would be good or bad effect.

[XFlowZion]

Trust the tech behind and it will be completely legal. The bans that have been imposed in other countries  are all just because of their confusion. They did not really study bitcoin or cryptocurrency enough to know its worth and benefits.

[chadrs]

Bitcoin is legal to some countries and uses it for their payment method

[HiringYou]

The legality of Bitcoin depends upon two factors.First factor is the way in which we use it. For example some people use it as a mode of payment in drug dealings, ammunition dealings etc which makes the use of Bitcoin illegal. Other factor is the country in which we live beacuse Bitcoin is still not accepted as a mode of payment in many countries.For example,in China use of Bitcoin is illegal. In some countries like U.S.A, Canada ,Japan etc Bictoin is legal.So legality of Bitcoin depends upon our way to use it and on the rules and regulations of the country in which we live.

[Monikadhiman]

Bitcoin is legal. Bitcoin is a good investment instead of other investments and bitcoin is uses as payment method.

[ruthbabe]

Bitcoin is legal. Bitcoin is a good investment instead of other investments and bitcoin is uses as payment method.

Not exactly true. I think it depends on the country where you stay or where you live. For the records, there are around 150 countries (more or less) where the status of Bitcoin and other cryptocurrencies are legal. In some countries, the use of bitcoin is banned, while in other countries, the operations of bitcoin exchanges are allowed but they have to be duly registered with the government.

[Entratish]

In China and India the most people lived in where bitcoin is banned so half of the world is not getting legal bitcoin transaction.

[Danilotot]

bitcoin is certainly legal, where there are countries where it can be used for payment of hotel bank taxi bills. but there are some people who are really not acceptable to me because of the banks of the nations.

[vessing]

The legitimacy of using Bitcoin depends on who you are, and how you use your Bitcoin.The legality of Bitcoin is a contentious issue for law enforcement and law enforcement, as they are targeted at the digital currency in an attempt to control its use.

[terrific]

bitcoin is certainly legal, where there are countries where it can be used for payment of hotel bank taxi bills.

I guess there are hotels/hostels that are accepting bitcoin for their accomodation but with taxi's? what are those?

but there are some people who are really not acceptable to me because of the banks of the nations.

If the country decides to declare that bitcoin isn't legal to them, their citizens can't do anything with it.
But if they are going to say nothing, its either legal or illegal.

[diudiu]

 Bitcoin is freedom and you cant stop it. People always want freedom. Even if Goverments restrict bitcoin they never stop or prevent using bitcoin. We think China Gov. restrict the bitcoin but they have biggest bitcoin economy in the world

you cant stop Bitcoin，although Governments restrict bitcoin ，they will become the bitcoin economy in the future

[LordShanken]

I think bitcoin is just another form of online payment like PayPal. So bitcoin is completely legal. But the government says bitcoin is illegal. That's what I find very absurd

That is why we will need to wait some more years that goverments will finally say that use of bitcoin is legal or not cause now in most of the countries there is nothing said about crypto in their law.

[qwerty12]

Yeah, I think bitcoin is legal. although some countries state bitcoin is illegal. However, that does not mean that bitcoin is really "illegal tender"

In other words, just because a country declares bitcoin illegal, does not mean that it cannot be used for payment.

[F_Ivanov1993_]

People are very well treated with bitcoin, but for some reason politicians do not allow us to engage in quietly making money.

[Cherylstar86]

As time passes by bitcoin is still existing especially those countries didn't le ha legalized as those people find a way in order to have some extra income to add on for their financial stabilty. I believe soon in the future that bitcoin will definitely use as a mode of payments as I observe some of my place us bitcoin as mode of payments having a legalized wallet throughout the country and soon throughout the whole world.

[Yusuf_Jay]

I think that depends on where you are. Most countries are fine with citizens who own, buy and trade Bitcoin. But there are some places where it's are prohibited, where the government is hostile to bitcoin.

[kerremy]

Yes, I think, overall, Bitcoin is legal. although there are some countries that strictly prohibit crypto currencies like Bitcoin.

[CryFr]

In Russia, bitcoin is not prohibited, and therefore legal.
There is a recent court case where bitcoin has been recognized as a property (but not money, not currency).
The tax service explained the procedure for taxation of transactions with bitcoins.
Legalization implies the permission of what was previously prohibited. For example, the legalization of drugs, the legalization of prostitution, the legalization of weapons, etc.
But in Russia there was no law prohibiting the possession and circulation of bitcoins.
Although, of course it is impossible to pay in the cryptocurrency wages, taxes, penalties, etc.
It is possible that the underdevelopment of cryptocurrencies is not a sign of the backwardness of the Russian state, but proof of the imperfection of cryptocurrencies. Proof that the blockchain and cryptocurrency is overrated technology.

[hacekd]

If for my country Bitcoin not yet legal. But do not know if in your country Bitcoin legal or not I do not understand. But I hope Bitcoin can be legal throughout the country in order to more easily use Bitcoin freely.

Bitcoin currencies are not listed in the banking system and are not related to the government. The characteristics of bitcoin which have no ownership rights turned out to be tempting also for those involved in illegal activities such as money laundering, arms purchases, even ransom data hacking. There are still many who make legal or non-legal adjustments because each country has its own policies.

[Carrelmae10]

..many years have pass since Bitcoin was introduce..many things happen on that days..but still the existence of Bitcoin is remarkable every year..Bitcoin gives a very big impact on the universe..through getting involve in this coin,many have change their lives..from poor becoming rich..from middle class family to becoming high class..etc..we cannot lie that Bitcoin gives us the oppurtunity to become whealthy..thus,,getting involve on this gives people and the goverment the demand on what bitcoin really gives to us..on such,,some countries banned bitcoin because they are using it in a wrong way,others treat it as threat especially the banks fir they are affraid to lost clients...etc..to sime it up,,Bitcoin change our lives..

[Aurora Castro]

Check out this cool interactive map covering Bitcoin legal status globally. I don't think I have seen something like this anywhere.

What the future holds for the world where utmost people’s and companies’ interests clash daily, the time will only show.

You’re welcome to a full and comprehensive guide to the legal status of Bitcoin throughout the world with a unique interactive
map providing access to a visual history of cryptocurrency regulation.

Excellent map Surely in the future there will be more people, companies and countries that accept bitcoin, since this crypto will be the solution to everything we need and need.

[CryFr]

The map was posted in 2015. The information could be out of date.
The link is a similar map from the Russian edition of "Kommersant". Although it is also not too new, as the situation is constantly changing.
https://www.kommersant.ru/doc/3498021
Red - cryptocurrency Transactions is prohibited.
Yellow-the State is wary of cryptocurrencies, some restrictions have been introduced, but citizens are not persecuted for their use.
Green-Cryptocurrencies have an official status (goods, financial assets, means of payment, etc.), there is a state control of the market, or their use is not limited to the authorities.

[belimblink]

Well, although the legality of Bitcoin is still a debate, but I think, Bitcoin will be legal.

[Girlsbit]

Bitcoin is legal in those countries where it understands its true meaning.

[cityboy6836]

peoples are the only one who are making it legal and govenments are the one who are making it illigal because it can put a full stop on their curruption. on such,,some countries banned bitcoin because they are using it in a wrong way,others treat it as threat especially the banks fir they are affraid to lost clients.

[Patient_Zero]

It depends on a person how he views the bitcoin?? If its profitable for himself he will definitely support it any say yes its legal but if he doesn't acquire the knowledge of bitcoin then he would say thats its illegal and bitcoin doesn't need any views from anyone.

bitcoin is only an alternative currency, commonly called a digital payment tool like a weapon depending on who is holding it and depending on what purpose it uses, it is commonly called illegal if the one who uses it is not entitled, but it can be called legal if the one who has the right or the party The authorities, the case is the same as bitcoin depending on who is using it and for what purpose it is used, if it is a money laundering tool it is clearly illegal but if it is only to make payments in the sale and purchase it seems legitimate.

[jhongzjhong]

Lol my country looks green but im pretty sure government doesnt know what btc is. If they knew it would be dark red:)

Majority of the government don't know what is cryptocurrency or virtual currency and how it's works. What is the impact of Bitcoin over the world. I'm lucky because in my country accepted bitcoin. Bitcoin more used illegally in dark and deep web. BTC is not legalize in every country i mean all countries not friendly with BTC.

I don't know if they don't know what bitcoin is, as of now bitcoin is very popular and I think they already know the characteristics of bitcoin that might be useful and helpful to us an individual. Bitcoin is not having a law in our country they did not declare it is legal but they didn't also announce it is illegal. To cut a long story short, we are lucky that we freely use bitcoin here.

[genuin]

peoples are the only one who are making it legal and govenments are the one who are making it illigal because it can put a full stop on their curruption. on such,,some countries banned bitcoin because they are using it in a wrong way,others treat it as threat especially the banks fir they are affraid to lost clients.

Bitcoin is banned because people use the wrong way? even every currency in the country is used a lot in a way that is not good but still it is not prohibited. Your reason is not logical man. Please differentiate before you issue a statement.

[1NV3ST0NM3]

Well Well there's no day on the forum without having seen such a thread discussing about the legality issue of the bitcoin. It is quite clear now that the legality of the bitcoin is a controversial issue and as a matter of fact is a subjective criteria.  It varies from country to country and their acceptance to the bitcoin differs in various countries. So the question of legality of bitcoin is vague.

Better go through this article:
https://www.newsbtc.com/is-bitcoin-legal/

[Mozdalifa17]

Bitcoin legalization will come with new gernation who completely use bitcoin at every thing in life even to buy a cup of coffee. Until then the war will contious from big centralization banks againest cryptocurrency in general no worries relax and hold for long run only.

[bitcoingamer8]

is bitcoin legal in USA?

[TheLoser]

Bitcoin is a new digital currency. In those countries where the value of blockchain technology is understood, bitcoin is actively used and it is not prohibited, in others on the contrary, bitcoin is under strict government control.

[Yurkov]

Bitcoin is a new digital currency. In those countries where the value of blockchain technology is understood, bitcoin is actively used and it is not prohibited, in others on the contrary, bitcoin is under strict government control.

But for me it won't last forever, big changes will come when bitcoin will finally be mined (I mean whole amount of it) and price will become more stable, than lots of countries will finally change their attitude to it.

[East2011]

If we are still using it and we are not prohibited by our government to use it. It mean it is still legal. Bitcoin will become legal if the governments will pass a law that makes bitcoin as illegal.

[NEERAJ ANAND]

Yes, it is legal in some parts of the world and many more countries are ready to go towards legalizing bitcoin in their countries. It will take time and we will see it legalese in many more countries in the next 2 years.

[gregory04ui]

10% referral bonus is issued in the cryptocurrency which your invitee used for payment (BTC, BCH, ETH, LTC). You will see the bonus in your personal account

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