Bitcoin in Asia

[Waqas Durrani]

Hey,
I just saw a blog http://www.w11stop.com/blogs/bit-coin/ related to bitcoin and wanted to know is it acceptable in Asia?

Thank You

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[megynacuna]

Bitcoin is accepted everywhere in the world especially Asia: China,Japan, South Korea, India etc. Bitcoin is big and keeps expanding by the day so just check localbitcoin website for merchants and exchanges closer to your location in Asia.

[Juggy777]

All countries except Bitcoins as far I know, maybe 1-2 don't but that's OK. If you would have bothered to Google you would have found out that China has the highest share of Bitcoin hash and all activities it's high there compared to all. Las time I checked China was in Asia. There was also a thread here saying about price in India Bitcoin was around 1000$ again a Asian countries. So yes Bitcoin is accepted by the Asian countries and worldwide. There are local countries board you can check them to see more and specially which country you are referring to. Hope it shall help you.

[danherbias07]

The blog isn't even about bitcoin in Asia. It is just for introduction of bitcoin and all of that can also be found here. Though it is good you have found that and end up here also.
Yes it is acceptable in Asia. I am from Philippines and we buy bitcoin through Coins.ph website wallet in which there is an option to buy in a convenient store named 7/11.

[asuryan180]

Of course it is accepted,unless there are restrictions made in the last couple of days,nothing should have changed really,BTC is accepted in almost all countries except for some which made regulations upon BTC and restricted the access to buy and sell and most importantly,use BTC.But in almost all of the major countries BTC is accepted and used with no restrictions.

[Waqas Durrani]

I have searched on google and found that bitcoin is expanding quickly but I live in Pakistan and here I haven't seen anyone usign bitcoin.
if any one can share list of countries where bitcoin is operational because I use to trade with many asian countries like China, India, Hong Kong??

[hashnest]

I have searched on google and found that bitcoin is expanding quickly but I live in Pakistan and here I haven't seen anyone usign bitcoin.
if any one can share list of countries where bitcoin is operational because I use to trade with many asian countries like China, India, Hong Kong??

What goods do you usually trade?

[Schuyler]

I have searched on google and found that bitcoin is expanding quickly but I live in Pakistan and here I haven't seen anyone usign bitcoin.
if any one can share list of countries where bitcoin is operational because I use to trade with many asian countries like China, India, Hong Kong??

I think I read in an article that Bitspark, a big money transfer platform which is based in Hong Kong, is expanding its operations in Pakistan because of its huge $20.3 billion remittance market. This company also operates in the Philippines, Indonesia, and Vietnam. That could make bitcoin more visible in your country and may make the interest in it grow.

[Pettuh4]

I have searched on google and found that bitcoin is expanding quickly but I live in Pakistan and here I haven't seen anyone usign bitcoin.
if any one can share list of countries where bitcoin is operational because I use to trade with many asian countries like China, India, Hong Kong??

I think you should have spent time researching before making the post because there are quite a lot of places in Pakistan using Bitcoin and I just found a Pakistan exchange for you. You might want to check their website or better still call them for assistance. "urdubit.com"

[clickerz]

Recently from the news Japan and Philippines approve to used bitcoin as a legal tender. I think Dubai is also on the road for approving. Wherever in Asia, bitcoin is being accepted and governments are mobilizing their effort to utilized this cryptocurrency.

[szpalata]

Recently from the news Japan and Philippines approve to used bitcoin as a legal tender. I think Dubai is also on the road for approving. Wherever in Asia, bitcoin is being accepted and governments are mobilizing their effort to utilized this cryptocurrency.

That's very true, we even have a Bitcoin ATM in Dubai and it lays credence to the fact that Asia and the Middle East are all embracing Bitcoins do the OP's question comes as a surprise to me because I know India,Pakistan, Japan, China, South Korea,Singapore etc. are all having Bitcoin ATMs and there are Bitcoin exchanges in these Asian countries.

[Xester]

Hey,
I just saw a blog http://www.w11stop.com/blog-w11stop/bitcoin-w11stop related to bitcoin and wanted to know is it acceptable in Asia?

Thank You

Yes bitcoin is acceptable in Asia but it doesnt apply to all countries in asia of course but to some select countries only. We have the famous country in bitcoin and that is China. We also have the famous country who are always winning in boxing and Ms. Universe the Philippines. Also Japan is not moving towards bitcoin. But even though bitcoin is accepted it doesnt mean that you can buy any goods at local shop.

[harizen]

Hey,
I just saw a blog http://www.w11stop.com/blog-w11stop/bitcoin-w11stop related to bitcoin and wanted to know is it acceptable in Asia?

Thank You

I thought something like a thing or bitcoin related services if it was accepted in Asia. In general, yes Bitcoin is accepted* at most of the Asian countries but they have different views on this cryptocurrency legally.

Refer here to some insights of legality of bitcoin per country in the world and not just in Asia.

https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country

[asdalani]

Digital Payments are very popular in Asia, some stores accept Bitcoin and other Currencies. It all depends on the store owner.

[KuromaYoichi]

I don't know if all country in asia accept btc but as far as i know it's accepted in japan, philliphine, dubai, singapore and indonesia. Here in indonesia we have bitcoin atm, but only 2(correct me if i'm wrong) it's located in bali and jakarta and we do have local exhange.

[nara1892]

Hey,
I just saw a blog http://www.w11stop.com/blog-w11stop/bitcoin-w11stop related to bitcoin and wanted to know is it acceptable in Asia?

Thank You

I live in Asia, and I use bitcoin even bitcoin is not totally legal here, but we can use bitcoin because there are many people sell and buy it. besides, Indian, Indonesian, Arabian, Korean, and a few countries in Asia use bitcoin. you can see the country sections in Local section in this forum.

[zidanw]

Hey,
I just saw a blog http://www.w11stop.com/blog-w11stop/bitcoin-w11stop related to bitcoin and wanted to know is it acceptable in Asia?

Thank You

bitcoin available or accepted worldwide (maybe) but bitcoin is not accepted as legal currency or legal payment in some countries. that's all I know

[Babayega31]

Bitcoin in some part of asia is now recognized and they even accept it for payments. In my country the only accepted is the exchanging at online wallet site and this is so rampant now around the worls particularly in asian countries. There maybe a plan expanding of bitcoin acceptance in my country and hopefully the impact for this could be great opportunity for us who are the users and earners of digital currency.

[xuan87]

well not all country is accepting bitcoin but most of the countries are accepting bitcoin , the development of bitcoin in Asia is quite high, you can see China is one of the country with huge amount of bitcoin user and Asia people are really attracted to the technology, so in the future we will see more and more user from Asia

[philiveyjr]

Other than a very few countries like Iceland, Bolivia, Ecuador, Kyrgyzstan and Vietnam which have some level of Bitcoin ban in place. Other than those, I dont think Bitcoin is banned anywhere else. There's news that Bangladesh has some sort of cryptocurrency ban in place but I have come across a few people who still hold or trade BTC from there. In general Bitcoin is legal in almost all the Asian countries. Some might have put some regulations by now though.