Bitcoin Forum
September 19, 2018, 04:22:57 AM *
News: ♦♦ Bitcoin Core users must update to 0.16.3 [Torrent]. More info.
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 [29] 30 »
  Print  
Author Topic: why bitcoin illegal in asia?  (Read 12919 times)
West0813
Full Member
***
Offline Offline

Activity: 350
Merit: 100



View Profile
June 22, 2018, 06:23:05 AM
 #561

bitcoin illegal  some asia country bt why?can you give me some reason about this?? thanks
I don't know what are the reasons of other asian countries why they make bitcoin illigal. Maybe they just don't want their people to take the risk in crypto world. And lose their money in it.

              ♦      GΞMΞRA      ♦     Crypto-Token Backed by Colombian Emeralds     [  WHITEPAPER  ]              
    ▬▬▬    PRE-SALE  ▶  Sep 10th - Oct 24th    JOIN NOW & get 20% BONUS!    ▬▬▬    
♦          TELEGRAM        TWITTER        FACEBOOK        YOUTUBE         MEDIUM         GITHUB         LINKEDIN          ♦
1537330977
Hero Member
*
Offline Offline

Posts: 1537330977

View Profile Personal Message (Offline)

Ignore
1537330977
Reply with quote  #2

1537330977
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Bharat24
Newbie
*
Offline Offline

Activity: 31
Merit: 0


View Profile
June 25, 2018, 09:19:53 AM
 #562

For revenue point of view every Asia government should re consider his decision of go for Bitcoin.
LordDisick
Full Member
***
Offline Offline

Activity: 322
Merit: 105


View Profile
June 28, 2018, 03:02:42 AM
 #563

I live in Asia but bitcoin is not really illegal here. Many people in my country is into bitcoin because they can see a good future with bitcoin. But others are using bitcoin illegally like scamming other people to invest but will just steal their money.
The best one
Newbie
*
Offline Offline

Activity: 168
Merit: 0


View Profile
June 29, 2018, 12:00:11 AM
 #564

I think, why did some countries prohibit in Asia from using bitcoin, because bitcoin is electronic data. So, it is not considered a currency and it can not be used for payment, and it is not considered by a valid payment instrument like money. Without the value of the data varies according to market needs. Bitcoin value can change very quickly and bitcoin can be something that hasn’t value if nobody wants to use bitcoin.
ruthbabe
Sr. Member
****
Offline Offline

Activity: 504
Merit: 266



View Profile WWW
June 29, 2018, 04:09:12 AM
 #565

bitcoin illegal  some asia country bt why?can you give me some reason about this?? thanks

It's true that there few countries in the whole of Asia that the use of Bitcoin is illegal, I think it's because governments in these countries don't regard it as money and/or legal tender, and also, by using it will violate their Anti-Money Laundering Law.

barabarian1
Sr. Member
****
Offline Offline

Activity: 616
Merit: 250



View Profile
June 30, 2018, 07:04:25 AM
 #566

bitcoin is still illegal in some countries in Asia because the government has not issued official rules on the use of crypto so crypto can not be used for financial transactions. the government is still reviewing and discussing crypto carefully because crypto is very vulnerable to crime, terrorist financing, drugs etc.


GLOBAL DECENTRALIZED ADVERTISING EXCHANGE

Token sale: MAY 21

                                  ▄█▄      ▄█▄        
                                 █████    █████       
                        ▄██▄     ▀█▀      ▀█▀        
                ▄█▄    ▀██▀                           
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
         ▄     ▀█▀                        ▄█▄        
        ▀█▀                      ▄█▄     █████       
                        ▄██▄    █████     ▀█▀        
   ██          ▄█▄    ▀██▀     ▀█▀                  
                ▀█▀                                    
          ▄                      ▄█▄      ▄█▄        
         ▀█▀           ▄██▄    █████    █████       
   ██          ▄█▄    ▀██▀     ▀█▀      ▀█▀        
                ▀█▀                                    
           ▄                      ▄█▄     ▄█▄        
          ▀█▀            ▄██▄   █████   █████       
    ██            ▄█▄   ▀██▀    ▀█▀     ▀█▀        
             ▄    ▀█▀                                 
            ▀█▀                         ▄█▄           
       ██              ▄█▄   ▄██▄    █████          
                  ▄    ▀█▀   ▀██▀     ▀█▀           
                 ▀█▀                                   
            ██                   ▄██▄                 
                    ▄     ▄█▄   ▀██▀                 
                   ▀█▀    ▀█▀                          

▄█   ▄█  ▄█        ▄█████▄   ▀█▄     ▄█▀
██   ██  ██▄▄▄▄▄   ██▀   ▀██    ▀█▄  ▄█▀
██   ██  ██▀▀▀▀██  ██▀▀▀▀▀▀▀      ████   
██   ██  ██   ██  ██▄   ▄█    ▄██▀▀██▄   
▀██████▀  ▀██████▀  ▀███████▀   ▄██▀   ▀██▄
Telegram
Facebook
ANN Thread
Youtube
LinkedIn
Twitter
Medium
Reddit
Github
Oliveir
Newbie
*
Offline Offline

Activity: 140
Merit: 0


View Profile
June 30, 2018, 07:39:59 PM
 #567

Asia is a huge continent you can't just say some because even this continent has a lot of countries with different leaders with different  management...

And the reason why we can't say some banned Bitcoin and some are open because they have their own rules and own laws... So when they say it's banned it's banned...
rachel999
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
July 03, 2018, 06:20:54 PM
 #568

It takes a too long process before it became legal in asia.When we implement bitcoin there are some advantages and disadvantages that will do.Advantages it became more easier,comfortable,high technology when we implement bitcoin or a digital currency in our country our transactions must be known by ourselves only and no third party will be involved.The disadvantages are many people are not familiar in bitcoin now ,government must add taxes.
The best one
Newbie
*
Offline Offline

Activity: 168
Merit: 0


View Profile
July 05, 2018, 12:35:56 AM
 #569

I think bitcoin  It is still not illegal in Asia. Because it still processes in legalization so bitcoin has not been allowed to be used as a transaction tool to buy goods or as currency.  But there are several countries where cyrptocurrencuy is including bittcoin is legal as in North Korea, Japan and more. But I hope bitcoin will be legal for the most countries in the near future.
lokanot0
Newbie
*
Offline Offline

Activity: 154
Merit: 0


View Profile WWW
July 05, 2018, 12:55:41 AM
 #570

Please give us a link post on those countries that illegalizes bitcoin. In my own knowledge i have not heard yet a country which have illegalize the use/transaction of bitcoin. Maybe what your referring to is, that, these countries have not yet legalize it, there the use of it is not regularize in that country. If there is no law prohibiting it in that certain country, bitcoin cannot be illegal.
yurekaa
Sr. Member
****
Offline Offline

Activity: 498
Merit: 250


PlayGame.com


View Profile
July 05, 2018, 04:21:16 AM
 #571

in Asian countries there are frequent acts of terrorism and many drug dealers so bitcoin is very susceptible to misuse for the financing of acts of terrorism and illegal drug transactions. therefore bitcoin is prohibited because it is very difficult to track users and transactions involving crypto currencies.

████████████████████████████
████████████████████████████
█████▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█████
█████                  █████
█████                  █████
█████      ▄▄▄▄▄▄      █████
█████      ██████      █████
█████      ██████      █████
▀▀▀▀▀      ▀▀▀▀▀▀      █████
                       █████
                       █████
▄▄▄▄▄      ▄▄▄▄▄▄▄▄▄▄▄▄█████
█████      █████████████████
█████      █████████████████
PLAYGAME.
▄█████▄
██▀ ▀██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██
██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██▄ ▄██
▀█████▀
.
▄█████▄
██▀ ▀██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██  ▄▄▄▄▄▄▄
██  ▀▀▀▀▀▀▀
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██▄ ▄██
▀█████▀
.
.
.
.
▄█████▄
██▀ ▀██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
▄▄▄▄▄▄▄  ██
▀▀▀▀▀▀▀  ██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██▄ ▄██
▀█████▀
.
▄█████▄
██▀ ▀██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
 ██
 ██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██   ██
██▄ ▄██
▀█████▀
Medium
Twitter
YouTube
chadrs
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
July 07, 2018, 09:16:57 AM
 #572

it is illegal in asia because bitcoin is use for money laundering to victimize people who want to go in easy money.
vessing
Full Member
***
Offline Offline

Activity: 378
Merit: 100


Borderless for People, Frictionless for Banks


View Profile
July 10, 2018, 06:32:37 PM
 #573

Whenever the government tries to ban what people like, it's something that goes to where officials can not reach the hands. This happened with the prohibition of gambling, during the fight against drugs and cyber piracy. And now a similar picture can be observed in China, whose government is trying to squeeze bitcoin.

T r a x i o n                              TRADE AND EARN DURING PRE-ICO
TRANSITIONS YOU TO A CRYPTO-READY SOCIETY        Pre-Sale starts April 15, 2018
GITHUB     TELEGRAM     MEDIUM     FACEBOOK     TWITTER     REDDIT     YOUTUBE
poktur
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
July 14, 2018, 10:53:33 AM
 #574

Actually not many countries where bitcoin is prohibited by law, in other countries, bitcoin is freely available.
Scott Evans
Newbie
*
Offline Offline

Activity: 76
Merit: 0


View Profile
July 14, 2018, 12:03:15 PM
 #575

bitcoin illegal  some asia country bt why?can you give me some reason about this?? thanks
As far as i know many asian goverments have approved Bitcoi as legal. Some have made some moves to allow people easier access to Crypto currencies.
rosymadaan7
Newbie
*
Offline Offline

Activity: 17
Merit: 0


View Profile
July 14, 2018, 04:50:15 PM
 #576

There are many countries in asia where bitcoin is illegal because of the  lack of knowledge and people are corrupt. They didn't want to pay taxes on their income and in some countries there are fear of terrorism that's why government did not declare it legal
Hughes_Ryan
Newbie
*
Offline Offline

Activity: 126
Merit: 0


View Profile
July 14, 2018, 05:00:05 PM
 #577

bitcoin illegal  some asia country bt why?can you give me some reason about this?? thanks

Any proofs of this statement? I am from Asia and I had never heard or read this until you post this. Maybe there are some places in the Asia where it is illegal but not in my country. Maybe reading this can help you. Click Here.
Agree with your comments. I have not heard any news about Asia being against cryptocurrency. In recent times, I heard about Thailand, the Philippines, Japan and Korea are accepting cryptocurrency
Wayan_Pedjeng
Sr. Member
****
Offline Offline

Activity: 490
Merit: 250


Ethereum Limited Edition ICO


View Profile
July 15, 2018, 09:12:41 AM
 #578

Whenever the government tries to ban what people like, it's something that goes to where officials can not reach the hands. This happened with the prohibition of gambling, during the fight against drugs and cyber piracy. And now a similar picture can be observed in China, whose government is trying to squeeze bitcoin.

Not just China, but the vast majority of the Asian governments are trying to squeeze Bitcoin. And the ICOs are giving them an excuse to target Bitcoin. Recently I read that more than 80% of the ICOs end up as scams.

       ▄▄████████▄▄
    ▄██████████████▄
  ▄████████████████████▄
 ▄██████████████████████▄
▐████████████████████████▌
██████████████████████████
██████████████████████████
████████▀████████▀████████
▐████████▀████▀████████▌
 ▀█████████▄▄█████████▀
  ▀████████████████████▀
    ▀██████████████▀
       ▀▀████████▀▀
ETHL
▄▄████████▄▄
▄████████████████▄
▄████████████████████▄
███████████████▀▀  █████
████████████▀▀      ██████
▐████████▀▀   ▄▄     ██████▌
▐████▀▀    ▄█▀▀     ███████▌
▐████████ █▀        ███████▌
████████ ▄███▄   ███████
████████████████▄▄██████
▀████████████████████▀
▀████████████████▀
▀▀████████▀▀
  TELEGRAM   
    FACEBOOK   TWITTER
              INSTAGRAM     REDDIT
Arya_anime
Full Member
***
Offline Offline

Activity: 350
Merit: 101


"MYCRYPTOBANK.IO"


View Profile
July 15, 2018, 01:53:19 PM
 #579

Whenever the government tries to ban what people like, it's something that goes to where officials can not reach the hands. This happened with the prohibition of gambling, during the fight against drugs and cyber piracy. And now a similar picture can be observed in China, whose government is trying to squeeze bitcoin.

Not just China, but the vast majority of the Asian governments are trying to squeeze Bitcoin. And the ICOs are giving them an excuse to target Bitcoin. Recently I read that more than 80% of the ICOs end up as scams.
but in japan in legal bitcoin, I think why illegal bitcoin in asia, because they are afraid and this can also include the business strategy of each country's government

MyCryptoBank  ――  Legal and Reliable Crypto Bank
Whitepaper  ――  CRYPTOBANK FOR CRYPTOCOMMUNITY  ――  Announce
―― Medium ―― YouTube ―― LinkedIn ―― Telegram ―― Facebook ―― Twitter ――
Blueshark696
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
August 28, 2018, 03:34:32 AM
 #580

Governments are concerned about taxation and their lack of control over the currency
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 [29] 30 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!