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Author Topic: Bitcoin is Legal in India, What about your country? Check here.  (Read 10947 times)
alisus
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March 05, 2017, 11:31:08 AM
 #81

In my country ! The Indonesian government is still no topic for Bitcoin, there are some things that might yet be Topic Discussion here!

1. Including Bitcoin users in Indonesia has reached 50 percent!
2. No other country makes the rules about Bitcoin! and
3. Bitcoin is also not a real currency like the others

Even if interested, can not afford to make the argument to one another!

But to be a record In Indonesia there is no prohibition to use Bitcoin
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March 09, 2017, 02:29:50 AM
 #82

And finally this year our central monitory authority the Central Bank of the Philippines(BSP) has release some guidelines about the bitcoin usage in our  country,this guidelines will cover virtual currency exchanges in the Philippines offering services or any activities that provide facility for conversion or exchanges, remittances, as stated above I will conclude that bitcoin in our country in partially legal with some restriction and limitation.


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March 16, 2017, 12:45:47 PM
 #83

This is a good news, I'm sure will make the bitcoin's getting popular so that it affects the price. I hope my country and others also following India. Hope India also build Bitcoin ATM.
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March 17, 2017, 12:33:57 AM
 #84

I am from philippines, The Philippine Central Bank recently approved new rules and regulations governing the operation of virtual currency exchanges. Bangko Sentral ng Pilipinas (BSP) defines virtual currency (VC) as, “any type of digital unit that is used as a medium of exchange or a form of digitally stored value created by agreement within the community of VC users.”

The Bangko Sentral recognizes that Virtual Currency systems have “the potential to revolutionize” the delivery of financial services, “particularly for payments and remittance, in view of their ability to provide faster and more economical transfer of funds, both  domestic and international, and may further support financial inclusion.” However, the bank does not intend to endorse any VC, “such as bitcoin,” as a currency, “since it is neither issued or guaranteed by a central bank nor backed by any commodity.”
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March 17, 2017, 04:46:05 AM
 #85

Would you consider the official declaration of the government is the only way just to say that virtual currency is legal? I think it is not yet official legal because it is not yet shown or heard on national TV and radio news. So people of a country is not yet aware about it.

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March 17, 2017, 11:15:05 PM
 #86

I use Bitcoin mostly as i focus to this currency since a good amount of time
But in the same time i use banking services too.
Good  Wink Wink Wink

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March 22, 2017, 03:48:35 AM
 #87

In my country, the legality of the bitcoin is in the gray zone the government doesn't say anything about that. There are rumors about the government are making laws for bitcoin but I don't know. They have a politic regarding of the possession of foreign currency, is "illegal" and you can be jailed for that.

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March 22, 2017, 04:14:10 AM
 #88

I am from Russia and as I know bitcoin is not admited here as legal yet, and not admited as illigal as well. So for bitcoin it's double position here. As I found out from other comments in this thread only few countries admited bitcoin as legal currency. So I think after some time and here will be created some law to regulate bitcoin and only that can make it legal here.

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April 02, 2017, 10:04:49 PM
 #89

its legal in my state Smiley Smiley
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April 05, 2017, 07:55:39 AM
 #90

I'm from Bosnia and it is not illegal, No parameter on the use of bitcoins.
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April 21, 2017, 01:10:15 PM
 #91

its illegal in my country (egypt)
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April 24, 2017, 05:44:34 PM
 #92

For Example in Ukraine, authorities prefer not to notice the situation with criptocurrencies. Ukrainian National Bank had tried to equate bitcoin to money surrogate, to get taxes from it. But at the moment, i think they are not understand how to actually do that.

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May 02, 2017, 06:58:17 AM
 #93

Over the last few years, India and Bitcoin have had a positive relationship, the decentralized currency has grown in popularity within the country. Now some news reports are reporting that the Indian government may be preparing to legalize and regulate bitcoin as a form of payment.


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May 07, 2017, 10:38:34 AM
 #94

I know bitcoin is illegal in Bangladesh other county.I don't know what other countries are illegal.

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May 07, 2017, 01:52:03 PM
 #95

in my country ROUMANIA also allowed
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May 31, 2017, 05:09:22 AM
 #96

I am from indonesia in my country bitcoin is widely used here, but there is no legal or legal statement.
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