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Author Topic: Legalization bitcoin  (Read 2432 times)
jimblasko (OP)
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October 05, 2017, 04:56:28 PM
 #1

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
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October 05, 2017, 05:05:33 PM
 #2

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I don't know about other countries but here in the Philippines is legal to use Bitcoin since it has been approve by our Central bank.
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October 05, 2017, 06:05:23 PM
 #3

I think Japan has accepted bitcoin as a legal payment option. Even in Philippines too . In India the government is planning to legalize it. Talks and discussions are going on for it. I think it may take a year to take some decision about it in India. They also have a plan to include it in goods and service section. In the near future, I hope most of the countries will legalize it, because its getting popular day by day.
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October 05, 2017, 06:25:53 PM
 #4

what does that mean by legalization ?
are you saying about it's legally used ? in every country you can buy something and pay it using Bitcoin.
as long that store support it,
no matter what is it,if they do not support it you can not buy it at all.
if you're asking about global legalization in some country,that mean Bitcoin should be regulated first by them.
and we can talk about global legalization,
but right now,if they did not ban it.you can use it as your wish,but the requirement is the store support it.

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October 05, 2017, 06:34:34 PM
 #5

What do you mean legalizing bitcoin?

As far as I'm concern, by it's nature, bitcoin is legal. However, certain organizations like banks or government may ban it if they feel it'll do bad than good. But that doesn't mean that it is illegal.
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October 05, 2017, 06:34:42 PM
 #6

legalization of bitcoin is coming but its very soon from now cause there's a country dont want to accept bitcoin because they think bitcoin is scam
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October 05, 2017, 06:39:40 PM
 #7

legalization of bitcoin is coming but its very soon from now cause there's a country dont want to accept bitcoin because they think bitcoin is scam

legalization of bitcoin is happen in different.In many Asian country its happening.I think in India,the bitcoin is became legal now.In china also,many people are investing their own money in bitcoin to get very huge profit from the bitcoin.In japan also ,many mining farm is started to get more bitcoin as a profit from mining.
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October 05, 2017, 06:40:11 PM
 #8

Bitcoin is legally used in some other countries, we can see there were some that accepted by great companies and with influence with the public but in terms of legalizing the income that we received from bitcoin I guess it is another topic b ause for sure once it is legalize the  taxes or Vat comes along with it which is a reay big burden to use for sure because aside from the fees we put in blockchain then here comes the government collecting and eliminating some coins as to taxes. So I hope if this will.be so, I hope better not legalize it. Cheesy
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October 05, 2017, 06:44:25 PM
 #9

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Check this link https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory
you will find legal status of bitcoin in different territory.

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Whilst the majority of countries do not make the usage of bitcoin itself illegal (with the exceptions of: Bangladesh, Bolivia, Ecuador & Kyrgyzstan), its status as money (or a commodity) varies, with differing regulatory implications.
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October 05, 2017, 06:50:44 PM
 #10

Why do you even want to see bitcoin as a Legalized Currency? Is that really worth it? I mean if you believe that government should control everything and they can handle it as well better than anything then I am not saying that they can not. I know they can do that better than anyone but As bitcoin is designed it can manage itself pretty impressively and I believe no one can ever match this much point to point transaction logging which our wallets do. I mean the online ledger system and Private/Public key sign all these stuff make bitcoin a perfect cryptocurrency.it needs no Managment from government.
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October 05, 2017, 06:51:54 PM
 #11

There are few countries have already legalized bitcoin such as japan and australia. due to many different reasons, other countries can not accept bitcoin yet. Such as poor countries, they can not control the people if they allow them to use bitcoin
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October 05, 2017, 07:07:20 PM
 #12

You can't legalize something that was not banned before. Bitcoin is not illegal so how do you want to legalize it, it is already accepted hence legal. Most countries have not a clear position about cryptos but most of them (or all) don't ban bitcoin in any case. They gladly accept taxes related to your bitcoin activity

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October 05, 2017, 07:08:55 PM
 #13

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Sorry to point out that such a question like this isn't what we should expect from a high ranking member of this forum who should have been old enough here to know the goings on in the cryptosystem. Of course, bitcoin is just outlawed in China and a few others but generally speaking it is legal to use bitcoin in more countries than we can count.

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October 05, 2017, 07:11:23 PM
 #14

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
It is already been adopted or legalized on Japan and into some few countries.I cant eventually point out but im sure there are countries which do actually adopt bitcoin but not totally speaking on adopting fully and making it as a currency but only just a new way payment system but not totally replacing their local currency. Legalization wont really be an easy stuff because government do have different view regarding to bitcoin.

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October 05, 2017, 07:11:52 PM
 #15

Legalization of bitcoin means that, people can use it legally in their daily life.bitcoin is not legal in every countries in the world . but many countries have legalized bitcoin. they are,Japan, Australia , Philippines. even now India wants to legalized it.
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October 05, 2017, 07:12:14 PM
 #16

I think you have it backwards. It doesn't need to be legalized. To legalize there would need be a law against it first, and there's no laws forbidding it almost anywhere.

That would be case for many drugs and substances around the globe, but not crypto.
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October 05, 2017, 07:18:01 PM
 #17

when will legalization bitcoin?

At the same moment you learn to speak English so we can understand what you are asking

why this does not happen?

Because different countries have different views on it and a different legal process and laws.

are there any countries that have legalized bitcoin?

Wikipedia is your friend:
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

or already somehow now it is possible to legalize the income received from Bitcoin?

Again it depends in which country you reside.

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October 05, 2017, 07:19:30 PM
 #18

It would be very difficult to enforce it being illeegal.  I'm sure they would make it difficult to use in certain places though.
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October 05, 2017, 07:21:12 PM
 #19

Bitcoin does not have to be legalised.  If a buyer and seller agree on a bitcoin transaction it is not illegal.  Think back to the days before coinage was introduced where bartering was the means of trade whether it was for goods or services eg the work of a blacksmith or carpenter. When governments get involved there are complications introduced. Laws and methods to be followed instead of a free market. Governments may be interested in those who make money from bitcoins,either trading or just holding as an investment from a revenue charge being claimed. Best to keep bitcoin as a free market between investors and traders.
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October 05, 2017, 07:53:02 PM
 #20

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
There are some counties that has accepted Bitcoin as legal way of paying like Japan. But there are a lot more those counties that hasn't yet stated that Bitcoin is legal or illegal. As far as i heard no one is getting their salary in Bitcoins, and I mean on full time jobs. I guess that governments still doesn't have reliable way of tracking trades of Bitcoin, so that they could legalize it fully and start allowing people to pay their workers in Bitcoins. There are currency exchange places where i change my Bitcoins to my country currency, and they pay tax for their business. Which makes it totally legal. I guess till all things fell in order, Bitcoin and paying with it will stay in grey area.
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October 09, 2017, 05:46:55 PM
 #21

what does that mean by legalization ?
are you saying about it's legally used ? in every country you can buy something and pay it using Bitcoin.
as long that store support it,
no matter what is it,if they do not support it you can not buy it at all.
if you're asking about global legalization in some country,that mean Bitcoin should be regulated first by them.
and we can talk about global legalization,
but right now,if they did not ban it.you can use it as your wish,but the requirement is the store support it.


Partly you are right.
Nobody forbids you own digital property. For example, an account in the Second World War and gold in it.

But is it legal to accept payments in bitcoin? This is different. From the point of view of business, everything looks different. You must report to the counterparts. Make payments, make deposits, etc. And there are limitations to these operations.

Therefore, owning bitcoin and using it is not the same.
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October 09, 2017, 08:30:01 PM
 #22

Japan legalised it recently. Other countries are thinking hard about what to do about bitcoin and other crypto - which is a good sign. The more they think, the more legal and beneficial will be to hold bitcoin for the people.
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October 09, 2017, 08:32:41 PM
 #23

Japan, Bahrain, Estonia, the United States, Denmark, Sweden, South Korea, the Netherlands, Finland, Canada, the United Kingdom and Australia, anyway allow you to pay in the crypto currency. According to Bloomberg, 100,000 companies around the world accept crypto-currency payments. In another 15,000 companies you can pay the crypt without any restrictions.
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October 09, 2017, 10:45:03 PM
 #24

With the increase of countries that legalize bitcoin is certainly a positive support for the development and progress of bitcoin, of course, many business opportunities are created from legalization and many facilities that use bitcoin as a means of official payment.
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October 09, 2017, 11:10:25 PM
 #25

There are many countries where bitcoins are legalised like Japan,Australia, United States ,South Korea ,Canada and United kingdom and there are some more.Also there are many companies,sites and restaurants which accept bitcoins as an form of payment but there are many peope in World who doesn't know about bitcoins but if bitcoins are globally recognised and legalised then more and more people would invest and use them which would definitely increase the price of bitcoins.Legalization of bitcoins are hard for government as they can't control or track bitcoins.
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October 10, 2017, 02:54:36 AM
 #26

Due to the fact that the crypto currency has seriously poured into the economies of countries, they are now forced to discuss the legality of the circulation of the crypto currency in their countries and the degree of their legislative regulation. Therefore, in the near future this issue will be solved in all countries of the world. I think most of them recognize crypto currency as legal tender and, thus, it will be legalized.

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October 20, 2017, 06:28:20 PM
 #27

when will legalization bitcoin?
As soon as the people (majority) understand and start using the advantages offered by bitcoins as a crypto currency and a an asset. This would lead to global acceptance.

why this does not happen?
  • the nation's government fear that BTC would crush their native currency
  • the government won't be able to peek I to our earnings.
  • they won't be able to charge income taxes
  • they fear of the anonymous nature would make their country Shadow trading zone.
are there any countries that have legalized bitcoin?
Their are countries like Japan, Philippines, USA where BTC is used by majority but still it is not clear that is it legal to use or not.
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October 20, 2017, 07:09:39 PM
 #28

Bitcoin wasnt illegal ,its just not covered by laws..and besides most of the countries that has bitcoin is recognized by government, here in our country bitcoins is being monitored by our central banking.so it means that its legal
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October 20, 2017, 07:14:41 PM
 #29

Bitcoin wasnt illegal ,its just not covered by laws..and besides most of the countries that has bitcoin is recognized by government, here in our country bitcoins is being monitored by our central banking.so it means that its legal

How can bitcoin be controlled by the central bank? It seems to me that this is simply impossible. In my country, bitcoin has not yet been legalized. But already there is a bill on the crypto currency. I read it and understood that the government is friendly to the crypto currency
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October 20, 2017, 07:24:41 PM
 #30

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Legalizing bitcoin and govt adopting bitcoin is two differenct concepts. Many govt already give a legal status to bitcoin. Newzealad is biggest of them. But I have not seen any country which has adopted bitcoin as their currency.  This can take a lot of time or may be a few countries might never do such a thing.
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October 20, 2017, 07:29:55 PM
 #31

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
It is very difficult for any country to legalize Bitcoin, because it is not just any country to receive new coins domestically, for now the country that has clearly accepted the payment is Japan, but the comparison is reversed with other countries in asia which currently more and more Asian countries prohibit the circulation of Bitcoin in his country. I also hope if one day Bitcoin is legalized in every country even if only for Online payment.

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October 20, 2017, 07:30:17 PM
 #32

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Legalizing bitcoin and govt adopting bitcoin is two differenct concepts. Many govt already give a legal status to bitcoin. Newzealad is biggest of them. But I have not seen any country which has adopted bitcoin as their currency.  This can take a lot of time or may be a few countries might never do such a thing.

Legalizing of bitcoin was in process in all the country.In Asia,many country start to accept the bitcoin as the Legalized currency.At last,in India the bitcoin was made as legalized currency.Since the price of bitcoin is keeps on increasing,many country will accept the bitcoin as a legalized currency.
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October 20, 2017, 07:54:54 PM
 #33

I think Japan has accepted bitcoin as a legal payment option. Even in Philippines too . In India the government is planning to legalize it. Talks and discussions are going on for it. I think it may take a year to take some decision about it in India. They also have a plan to include it in goods and service section. In the near future, I hope most of the countries will legalize it, because its getting popular day by day.
Australia is also legalized bitcoin.
I think soon all countries will come to that. Well, they already do first steps to legalization through bitcoin's regulation. My country is going to make bitcoin acceptable only for trading and investment experts, let's say "elite", and evry day with every news about bitcoin from my country I start to worry more and more, cause of to me, micro-earner, this future doesn't seem so bright.
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October 20, 2017, 11:58:03 PM
 #34

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Sorry to point out that such a question like this isn't what we should expect from a high ranking member of this forum who should have been old enough here to know the goings on in the cryptosystem. Of course, bitcoin is just outlawed in China and a few others but generally speaking it is legal to use bitcoin in more countries than we can count.

Yes exactly he should know better then to ask these questions. Why is he even making such a low quality topic. Something doesn't need to made legal when it already is legal. You don't have to wait for something to become legal. If he is so worried about this nonesense then bitcoin clearly isn't for him. Even in China they still mine and use Bitcoin so it can't be illigal there.

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October 21, 2017, 12:10:28 AM
 #35

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I wonder how much people like you have how much knowledge about bitcoin. At present, many countries have legalized and accepted bitcoin as a real currency. It has been accepted in most transactions. And the number of countries accepting bitcoins is steadily increasing.



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October 21, 2017, 12:14:50 AM
 #36

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
As of now, Legalization of bitcoin was still in process in all the country. I think in Asia, there are also many countries that started to accept the bitcoin as a legalized currency. In India, the bitcoin was made as legalized currency. Since the price of bitcoin is keep on increasing, I think it will already be accepted by many.

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October 21, 2017, 12:54:28 AM
 #37

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I wonder how much people like you have how much knowledge about bitcoin. At present, many countries have legalized and accepted bitcoin as a real currency. It has been accepted in most transactions. And the number of countries accepting bitcoins is steadily increasing.
Many of the countries are accepted in Bitcoin transaction. But developed countries is completely legalized in Bitcoin. Most of the counties are still processing to accept legalization. Some countries are not accepting legalization. Because they didn't consider in other currency. So we create awareness about bitcoin. Legalization of Bitcoin is good improvement in digital currency.

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October 21, 2017, 01:06:43 AM
 #38

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I think that this question is no longer appropriate at this time, so many countries have legalized bitcoin, and it creates strong development steps for bitcoin, and produces a bitcoin of enormous value at the moment.
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October 21, 2017, 01:10:58 AM
 #39

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I don't know about other countries but here in the Philippines is legal to use Bitcoin since it has been approve by our Central bank.

Well . If your country legalized bitcoin is great step forward. So you can easy use bitcoin without any doubt.
I hope my country will do the same.
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October 21, 2017, 01:53:12 AM
 #40

bitcoin is legal in any country as long as operated i have no idea or here that bitcoin is illegal in other country... maybe there activities using bitcoin is illegal but bitcoin currency is legal and dont need to legalization instead...i dont know in your country if bitcoin is illegal and why....but in my country bitcoin is approve by central bank and this is legally...
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October 21, 2017, 02:25:36 AM
 #41

bitcoin is legal in any country as long as operated i have no idea or here that bitcoin is illegal in other country... maybe there activities using bitcoin is illegal but bitcoin currency is legal and dont need to legalization instead...i dont know in your country if bitcoin is illegal and why....but in my country bitcoin is approve by central bank and this is legally...

I feel it is important to issue legalization, because it will make its users more comfortable when transacting. in my country there is an issue that making payments with bitcoin will be subject to legal sanctions from the government, because according to him bitcoin is not a valid means of payment. obviously this is very sad in my opinion.
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October 21, 2017, 04:09:14 AM
 #42

I think legalization Bitcoin will be executed. But you have to wait. Bitcoin is the new thing with Government. They need more time to research.  Grin

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October 21, 2017, 04:45:05 AM
 #43

Decentralization makes bitcoin difficult to legalize, bitcoin legalization takes a long time, I'm sure there will be disagreement because if it is legalized it can threaten financial system using fiat money.
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October 21, 2017, 04:55:31 AM
 #44

In my country Bitcoin is ilegal, but there is no prohibition for its transaction ....
For other countries as far as I know the Philippines legalize Bitcoin, I also hope one day Bitcoin legal in Indonesia.

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October 21, 2017, 04:58:13 AM
 #45

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

The use of bitcoin is allowed everywhere but it's just about how the regulatory authorities look after the bitcoin when it comes to the bank accounts. The thing in my country is completely taxed after I cashout it to my bank account. May be that's one of kind of legalisation only. Some countries may not look at it in that way as it's free of taxes. So it depends country to country.

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October 21, 2017, 05:01:24 AM
 #46

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I keep saying this again and again, bitcoin will only be legalized once there is enough dent in the economy that the government actually says or thinks that this is a good idea. With bitcoin and the fact that we are trying to further it this makes our goal something we can continually aspire to.
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October 21, 2017, 05:05:39 AM
 #47

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?


do you never know any country that has legalized bitcoin ? I guess you are more senior than me about bitcoin knowledge.
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October 21, 2017, 06:07:03 AM
 #48

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
from what I heard and read some article the bitcoin in japan has become 100% legal and I myself don't know what the regulation because I don't live in japan.

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October 21, 2017, 07:01:30 AM
 #49

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
from what I heard and read some article the bitcoin in japan has become 100% legal and I myself don't know what the regulation because I don't live in japan.
That is right that the Japan already made 100% legalization of bitcoin in their country and there is more than 200,000 stores that are accepting bitcoin right now and i believe that bitcoin is a good way for them to increase their income because if they just hold the bitcoin that they collected from payments then their income in bitcoin already go up to 200%. I don't think that there is regulation in bitcoin in Japan because the government only do to the stores is to tax them based on their income.
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October 21, 2017, 07:44:58 AM
 #50

I think legalization Bitcoin will be executed. But you have to wait. Bitcoin is the new thing with Government. They need more time to research.  Grin
Yes, Bitcoin is growing so fast and more people everyday support it. But personal opinion sometime does not agree with opinion of our governments, and sometime that is the problem. Bitcoin is serious thing and therefor governments need to approach it carefully. Legalization of Bitcoin will for sure benefit all of us, but bigger question is how it will be regulated. One day for sure everyone will legalize Bitcoin as legal way of paying, I do not see reason why not.
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October 21, 2017, 08:00:34 AM
 #51

some people think that putting bitcoin under some rules will ruin the whole idea of bitcoin
But I think that bitcoin legalization will make it closer and closer to the common man
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October 21, 2017, 09:04:35 AM
 #52


when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?

or already somehow now it is possible to legalize the income received from Bitcoin?



Bitcoin is conflicted with its form and nature. As what bitcoin really is? Some say it's currency and some say it's assets or store value nothing else. Different countries are now adding up bitcoin into list of assets same like stock exchanges etc and some of them are not even bothering to consider it as currency or asset because of their underdeveloped structure. So former will legalise soon but later will take time.

 
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October 21, 2017, 09:14:39 AM
 #53

In Japan and Canada  Bitcoin is now legal payment method, USA legal only partially, Europe is mixed bag where in UK is legal but some other countries in EU want TAX introduction, Russia is looking into legalise Bitcoin and tax more likely and in Poland is legal and taxed already (18%).
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October 21, 2017, 09:22:49 AM
 #54

I read some of the countries had partially legalized bitcoin, if not, these countries have widely accepted bitcoin as a currency.

https://atozforex.com/news/top-countries-where-bitcoin-is-legal/

On the link above, some of the countries have showed positive towards bitcoin. US and canada has classified this digital currency as barter transactions. This transactions are also monitored by their AMLC bodies. I believe also other countries are gearing towards legality of Bitcoin. What they need to monitor deeply are the scam ICOs who may be rampant today.

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October 21, 2017, 09:25:38 AM
 #55

Japan and the Philippines are examples of countries that have legalized bitcoin, which is very useful for bitcoin users in their country. And we see in some countries, bitcoin still not in legal status. The possibility of bitcoin legality is still in process, or indeed the country has banned bitcoin for some reason.
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October 21, 2017, 09:26:08 AM
 #56

How can the governments collect taxes from the people if they allow their citizens to use bitcoin? I live in a country where the television, social media are somehow controlled by the government and they keep posting fake information about bitcoin and make people believe that bitcoin is not a good thing. the result is that more than 60% people in my country do not trust bitcoin. Some of them even claim that bitcoin is the biggest scammer ever



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October 21, 2017, 09:40:52 AM
 #57

People confuse the concept of legalization and prohibition of use. Are two different things. There are governments which have adopted decisions for themselves and already want to ban the cryptocurrency. There are governments which have not accepted the decision and took the position of waiting. In fact, the legalization of bitcoins will be only then when there will be the opportunity to buy bitcoins goods in the store or change in the Bank bitcoin to Fiat and back. As far as I know this is nowhere.
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October 21, 2017, 09:49:41 AM
 #58

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Many countries are legalize the bitcoin because if not how they use in their country and how they convert it to their local currency.  Like to my country we use it as a payment to our bills or buy some stuff online.

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October 21, 2017, 05:10:28 PM
 #59

bitcoin is legal in any country as long as operated i have no idea or here that bitcoin is illegal in other country... maybe there activities using bitcoin is illegal but bitcoin currency is legal and dont need to legalization instead...i dont know in your country if bitcoin is illegal and why....but in my country bitcoin is approve by central bank and this is legally...
Well I think bitcoin is legal in some countries and some other countries are going to make it legal in their countries and I think it very important for bitcoin when it became legal around the world so bitcoin can collect taxes around the world investors, traders can be more increase as well the users can be also increase it will give benefit to bitcoin and to the users as well.

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October 22, 2017, 07:21:24 AM
 #60

Japan and the Philippines are examples of countries that have legalized bitcoin, which is very useful for bitcoin users in their country. And we see in some countries, bitcoin still not in legal status. The possibility of bitcoin legality is still in process, or indeed the country has banned bitcoin for some reason.
I think the government is too long to decide on Bitcoin's loyalty. If they are aware and understand Bitcoin can be one way out of a country's economic problems. Or maybe because a big country like the US has not legalized Bitcoin which has resulted in many small and developing countries yet to legalize it.

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October 22, 2017, 07:27:33 AM
 #61

Bitcoin can't be legalized that easily .. It can cause an economic problem for many countries ..
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October 22, 2017, 07:37:16 AM
 #62

Bitcoin can't be legalized that easily .. It can cause an economic problem for many countries ..

Bitcoins are of interest to law enforcement agencies, tax authorities and legislators. They all want to match the existence of this cryptanalyst to a specific legal framework. In fact, its legality depends on how you handle it and how you do it, just like with a conventional currency.

Lawmakers and regulators have set themselves the goal of verifying that the bitcoin currency is lawfully used. And although Bitcoin has been online recently, it has generated a lot of discussion and litigation in the legal world. The uncertainty of the authorities about this cryptanalyst comes from incomplete knowledge on this subject. So, is bitcoin really legal?

The answer is yes, it is legal if the way you turn it is legal. Below you will find a complete legal overview of bitcoins. A large part of the topic concerns the US, where most of the legal conflicts with bitcoins take root.
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October 22, 2017, 08:40:51 AM
 #63

I think the first Japanese state legalized or received bitcoin.
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October 23, 2017, 07:44:14 AM
 #64

legalization of bitcoin is coming but its very soon from now cause there's a country dont want to accept bitcoin because they think bitcoin is scam
because they do not know all about bitcoin so they think that bitcoin is a scam, it seems to me that only people who have little insight are easy to conclude on this point.

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October 23, 2017, 07:53:38 AM
 #65

I hope the country whose population of bitcoin users immediately legalize bitcoin in its area, because it will be very helpful for its own population both economic problems and transactions of goods or services payments.

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October 23, 2017, 08:18:33 AM
 #66

I hope the country whose population of bitcoin users immediately legalize bitcoin in its area, because it will be very helpful for its own population both economic problems and transactions of goods or services payments.


Speaking of legaliization of bitcoin only japan and australia enforcing the law that governs allowing the cryptocurrency as the secondary money in there country. They accept digital currency as mode of payments and purchasing goods in many establishment.
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October 23, 2017, 08:18:41 AM
 #67

he legalization of bitcoin in Malaysia could provide an alternative financial and remittance system to expat workers and foreign investors to move money out of the country efficiently.
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October 23, 2017, 09:17:55 AM
 #68

legalization of bitcoin is coming but its very soon from now cause there's a country dont want to accept bitcoin because they think bitcoin is scam
because they do not know all about bitcoin so they think that bitcoin is a scam, it seems to me that only people who have little insight are easy to conclude on this point.
The governments' reactions are understandable because they just want to protect their economy and their people. Most of the average joes has no clue about bitcoin (and about shares, commodities, derivatives, forwards, options etc...) They know about cash and credit card and that's all. If they start to buy bitcoin, because of the hype at $6,000 and after the first upcoming correction they panic sell it at $4,000, they will complain to the government why it was allowed to buy bitcoin.... this is only the first aspect.
The second is, governments and tax authorities can't really follow the payment chain when bitcoin is used as the method of the payment. They prefer the bank transfer, which they can trace easily. Using cash above the sum of $1.000 is also banned in most of the countries in the EU (or something similar, to prevent money laundry). It's not easy to move large sum of money in cash. If people/companies moves it via bank transfer, it's traceable. But it's easy to move a large amount of money if it's in bitcoin, and thats a pain for the tax authorities, because they're not prepared to track it yet, so they won't allow it's usage as long as they find something that can help them to deal with bitcoin transfers. Maybe it's not illegal to pay with bitcoin, but a shop or a store can't accept payment in bitcoin, because they can't legally account the income in their ledgers. Incomes which are not taxable are not good for the economy/government, this is why central banks are against bitcoin at the moment...
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October 23, 2017, 09:20:54 AM
 #69

bitcoin is legalized in many country, but not used, maybe you was looking for regulation not legalization, regulation is only in japan for now, and i remember australia and russia are going to be the next one

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October 23, 2017, 09:31:23 AM
 #70

Bitcoin is a cryptocurrency which means it is an alternate currency to our own. Bitcoin adds a new element to the world economy and it cant go through inflation. Bitcoin is supported by thousands of people "mining" for bitcoins. 1. Bitcoins unlike the federal currency are not backed by federal funding and banks to make it secure, instead they have separate people making it secure. 2. Bitcoin mining is where you make your computer do complicated math equations while you slowly rake it bitcoin profit by helping the security of the currency. By offering an incentive (bitcoins) for securing the currency they make people want to help, getting stronger by the day. Bitcoins are an economic revolution and their functions are useful and plentiful. Some countries already legalized bitcoin, other will join soon.
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October 23, 2017, 10:02:13 AM
 #71

Bitcoin can't be legalized that easily .. It can cause an economic problem for many countries ..
Then how was it possible for the Japanese government to regulate and legalize Bitcoin so easily?
No, I think regulating it is fairly easy and straightforward and shouldn't even cause too much problems for most countries.

Regulating Bitcoin is just a matter of adjusting a few laws, which could take some time, but I wouldn't say is especially hard either.

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October 23, 2017, 10:11:57 AM
 #72

Russia and japan already legalize the bitcoin and other countries should legalize bitcoin soon because crypto currency is more safe and transparent then  fiat currency, in our country it will take time to legalize because its developing country not developed one, we not have so advance and stable technology and system to implement to whole country .

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October 23, 2017, 10:55:38 AM
 #73

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?


For me bitcoin should be legalized. First, there’s nothing wrong about it. Like it is not really used in illegal activities or something. Once, it’s legalized then it will be easier to track those people who attempt to use it in illegal activities.
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October 23, 2017, 11:09:15 AM
 #74

Lots of countries have already legalized bitcoin and only a few who view them as illegal remains. According to this list, it seems that many countries have a neutral view of bitcoin compared to those who view it as illegal.

Legalization does not happen on those countries because somehow, they see btc a threat to their economic stability or they simply have no means to regulate it at this moment.
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October 23, 2017, 11:17:40 AM
 #75

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
I think the reason why other countries can not legalized Bitcoin is that they still does not believe what is the good effect and the benefits of Bitcoin . They are still new in digital currency or crypto currency that why they can not legalized it to their country. They are just trying to protect their people in scam. We know that in internet scamming is the biggest problem. But if it is legalized you can feel much more guaranteed that your money is safe and your saving.
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October 23, 2017, 11:27:29 AM
 #76

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

There are countries that started to legalize and adapt Bitcoin. First of it is Japan. I don't know if Bitcoin is legal now in the Philippines but our Central Bank has already make a good feedback about it. I hope that sooner or later, it will be legalize here. As for some countries, maybe they are still taking it to consideration and still studying the pros and cons if they legalize Bitcoin.
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October 23, 2017, 11:30:26 AM
 #77

In asian countries,some times its too easy to income and on the other too hard.depending on population growth its illegal in our country. Cry
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October 23, 2017, 11:33:11 AM
 #78

Bitcoin is already legal in some big countries,  especially japan. Japanese are very like to make transaction virtually, so bitcoin is very popular there.

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October 24, 2017, 02:38:39 PM
 #79

I hope the country whose population of bitcoin users immediately legalize bitcoin in its area, because it will be very helpful for its own population both economic problems and transactions of goods or services payments.
This should be a great act if a country legalize bit coin, this will really help the economic problems and it will also be easy for bit coin users to use their money for their requirements and it will bring more feasibility for the users whenever they transact their money so I think that legalization of bit coin is necessary and it will be a good decision.

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October 24, 2017, 02:43:18 PM
 #80

Dear Sir/Mdm


If I think that bitcoin authentication will be difficult, because some factors are not possible if it happens, one of them is the bitcoin price that is difficult to guess and in control. CMIIW

Thank You
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October 24, 2017, 02:50:02 PM
 #81

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

In our country here in the country Bitcoins are legal and it is approved by central banks. In other countries maybe because the bitcoins are not legal because the government does not know it. It will bring good to the people of their country. Or they think it can damage the banks of their country.
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October 24, 2017, 03:00:00 PM
 #82

I think by nature, bitcoin is legal. I think the term your talking about is to regulate. Since its gaining more and more popularity and a lot of people are now using it as a mode of payment, i think it would be better to set rules or guidelines in regulating it. Some countries are now accepting it as payment.
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October 24, 2017, 03:12:21 PM
 #83

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

In our country here in the country Bitcoins are legal and it is approved by central banks. In other countries maybe because the bitcoins are not legal because the government does not know it. It will bring good to the people of their country. Or they think it can damage the banks of their country.
I will disagree with what you are trying to say. Seriously speaking i don't think the government are unaware about the existence of bitcoin itself and its community, they just not tell about it, we do not know what is the particular or specific reason on it but its not true that they are not aware.
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October 24, 2017, 03:17:57 PM
 #84

Due to the fact that the interest to the crypto currency has increased and it has started to strongly influence the economy of all countries, the states are studying the nature of the crypto currency and the possibility of its legislative use within the country. For those countries that have not yet decided on this issue, it is possible to use crypto currency, since there is no special prohibition on its use. However, in this case it is problematic to protect your rights related to the crypto currency. In other countries, either it is recognized as a means of payment and then everything is normal with the circulation of the crypto currency, or its circulation is prohibited by law. To date, crypto currency is banned only in Bangladesh and some other country.
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October 24, 2017, 03:23:48 PM
 #85

My country will legalize Bitcoin in early 2018. I also hope this will happen as the demand for Bitcoin in my country is growing rapidly and banks do not have much time to provide Bitcoin services.
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October 24, 2017, 03:24:50 PM
 #86

It'll take more time to legalize Bitcoin in more country in the world cause it's not easy when any country want to legalize Bitcoin that mean they have to have enough ability to control both advantages and disadvantages of Bitcoin. Beside Bitcoin transaction is almost anonymous so it's really hard to control the Bitcoin income so there are a lot of people trying to evade taxes and some other guys take advantage of Bitcoin to commit crime so it's the main reason why there are only few countries all over the world that legalized Bitcoin.
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October 24, 2017, 03:29:39 PM
 #87

I know bitcoin is legal in the Philippines but of course it is not yet considered as legal tender like regular money. I'm sure time will come that it will be an option as legal tender once the government would have a control on it.

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October 24, 2017, 03:34:54 PM
 #88

Actually i dont really think about bitcoin legalization. For me it does not mean anything. I only want my country allow me to use bitcoin as payment transaction or just as trading tool even without legalization.
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October 25, 2017, 05:56:45 AM
 #89

Btc is not illegal in the first place i think, its just not yet recognized by the government and other people that's why it's not popuplar. Maybe some country are scared of btc cause they see it's potential that's why they banned it, btc is decentralized and they are afraid cause they can't control it.

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October 25, 2017, 08:01:40 AM
 #90

there are already some countries in the world that legalize bitcoin
do not be afraid do not worry I'm sure more and more countries will legalize bitcoin
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October 25, 2017, 08:46:06 AM
 #91

when will legalization bitcoin?
Majority of coutries already legalized bitcoin the remaining minority are either neutral or illegal.

Quote
why this does not happen?
when the government come up with ideas how to regulate bitcoins.

Quote
are there any countries that have legalized bitcoin?
Japan,Phil,Australia,Brazil...a quick google search would give you the answer

Quote
or already somehow now it is possible to legalize the income received from Bitcoin?
Legalization means its regulated so yes, it is possible.

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October 25, 2017, 08:48:50 AM
 #92

Bitcoin is completely legal in the US. As long as you report any major profits and pay tax on them you are perfectly fine using it. legalization is not an issue. Permits for exchanges and dealing with people trying to put restrictions on it then catering to banks is a different issue entirely.

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November 19, 2017, 04:27:35 AM
 #93

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
There are already a few countries that accepted, legalized, and regulated the usage of bitcoin. These countries include Philippines and Japan, of course. I think, there's no problem with legalizing bitcoin especially when the government and national bank of a certain country has good talk with the businessmen running bitcoin businesses in that country.

The problem with other countries (like China) banning bitcoin is that they do not want that bitcoin will be used by people without paying taxes. And I think these countries doesn't have enough time to talk over it that's why they don't prioritize the legalization of bitcoin in their country.
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November 19, 2017, 04:31:36 AM
 #94

Well here in oir country, Philippines, bitcoin here was legal. But in other country like China they banned bitcoin.
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November 19, 2017, 04:45:01 AM
 #95

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
There are already a few countries that accepted, legalized, and regulated the usage of bitcoin. These countries include Philippines and Japan, of course. I think, there's no problem with legalizing bitcoin especially when the government and national bank of a certain country has good talk with the businessmen running bitcoin businesses in that country.

The problem with other countries (like China) banning bitcoin is that they do not want that bitcoin will be used by people without paying taxes. And I think these countries doesn't have enough time to talk over it that's why they don't prioritize the legalization of bitcoin in their country.

The country like China is opposing bitcoin due to its anonymity no one can trace the bitcoin transaction,So bitcoin maybe used for illegal activities so they don't want their country with illegal activities.But actually bitcoin has advantages also it will help their country people  to be rich if they invest on bitcoin.Maybe in future they will regulate the rules for using the bitcoin and will shift the ban.

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November 23, 2017, 05:07:56 AM
 #96


I dont  have any idea about the other country. Some legalized and some banned the bitcoin.
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December 26, 2017, 09:26:55 AM
 #97


I dont  have any idea about the other country. Some legalized and some banned the bitcoin.
According to me bitcoin is not illegal not more than one or two countries the remaining countries have no such laws against bitcoin but yes its true that no one country have accepted bitcoin in their rules and laws but the probability of acceptation is more in future.
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December 26, 2017, 09:33:35 AM
 #98

In the world there are not many countries legalizing bitcoin. in Asia, there are philippin and Japan has accepted bitcoin as a legal payment method, I hope that there will be more legitimate bitcoin countries.

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December 26, 2017, 09:41:32 AM
 #99

now the bitcoin transaction is not legalized in all over the world but in future it will get legalized in all over the world
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December 26, 2017, 09:51:52 AM
 #100

it may happen, but it will take a long time. the purpose of bitcoin legality in my opinion is to be a valid payment instrument, and bitcoin can be used like cash. bitcoin still has issues regarding the confirmation time and transaction fee, and is not suitable for small payouts. maybe that's one of the reasons why only a few countries are legalizing bitcoin.
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April 07, 2018, 09:07:48 PM
 #101

Bitcoin validity is starting to increase day by day. Which country does not want to accept it quickly because they think it's a scam. Countries like recent India, China Philipines, agree to accept Bitcoin. As Bitcoin's popularity increases, Bitcoin will be recognized as validity throughout the world over the next few years.
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April 07, 2018, 09:17:48 PM
 #102

Bitcoin validity is starting to increase day by day. Which country does not want to accept it quickly because they think it's a scam. Countries like recent India, China Philipines, agree to accept Bitcoin. As Bitcoin's popularity increases, Bitcoin will be recognized as validity throughout the world over the next few years.


Bitcoin will be legalized? Then it is great because price of this might become stable but one problem will be, if bitcoin will handle by the government, we might dont have any freedom for us to choose what we wanted. A freedom of taxes becauseI know for sure taxes will increase if ever. So legalization of bitcoin really needs approval to everyone if it is okay to them.
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April 21, 2018, 11:02:06 AM
 #103

Bitcoin being legalize is just a matter of time, there is first mass adoptions,and users in almost 132 countries worldwide, you can practically buy things with bitcoin either online or physically..
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April 21, 2018, 11:08:26 AM
 #104

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

It is already legal in some countries i.e. Philippines. Bitcoin is acknowledged by banks and is used as process of payment in transportation. We have local wallet where we deposit bitcoin and use it as payment for beep cards. Or the cards that we swipe to pay the vehicle.
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April 21, 2018, 11:20:44 AM
 #105

I think Japan has accepted bitcoin as a legal payment option. Even in Philippines too . In India the government is planning to legalize it. Talks and discussions are going on for it. I think it may take a year to take some decision about it in India. They also have a plan to include it in goods and service section. In the near future, I hope most of the countries will legalize it, because its getting popular day by day.
[/quote
Yes,I hope so.we still need much time to discuss about accepting btc globally. Law and regulations issued by government needed to legalized it. This regulation can support btc to grow better and faster officially.
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April 21, 2018, 11:31:56 AM
 #106

It is very difficult to make legal bitcoin because there are still many pros and cons, and until now Japan has been trying to legalize bitcoin.
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April 21, 2018, 11:41:19 AM
 #107

There are already several countries that legalize bitcoin. Maybe for the legality of bitcoin globally and acceptable worldwide still takes several years.

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April 21, 2018, 11:55:15 AM
 #108

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?


at the G20 meeting a while ago, bitcoin became one of the discussions of the meeting. only a handful of countries forbid it. the rest will only make regulations and limit. in other words, no problem happens to break down the bitcoin and crypto. yes, although currently in some bitcoin countries is prohibited. it is not impossible in the future will be many countries that start using blockchain and crypto as a means of transaction.

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April 21, 2018, 12:10:29 PM
 #109

Legalization of bitcoin is good and great idea but because some countries opposed it that's why we face a struggle to make it legal...  Because it decentralized why they are not making it legal...  They didn't understand how usefuk it is...  We cant blame them because bktcoin is just starting but if soon it is widely recognized by a lots of people surely the government will implement that bitcoin will legalization...  Just like how we wait the value of BTC to rise we need also to wait until all lf the contries agree with this idea...
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April 21, 2018, 12:15:02 PM
 #110

I think Japan is the leading country who fully use Bitcoin, most of its establishment is starting to adapt Bitcoins and even employees are being paid in bitcoin. Maybe because the person who discover Bitcoin is a Japanese that's why the people and government of Japan has no problem with Bitcoin. We hope other country would follow also on what Japan is starting to do, accepting and legalizing Bitcoin.
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April 21, 2018, 12:22:02 PM
 #111

For what reason would you even like to see bitcoin as a Sanctioned Cash? Is that extremely justified, despite all the trouble? I mean on the off chance that you trust that legislature should control everything and they can deal with it also superior to anything then I am not saying that they can not. I know they can do that superior to anybody yet As bitcoin is composed it can oversee itself pretty stunningly and I trust nobody can ever coordinate this much point to point exchange logging which our wallets do. I mean the online record framework and Private/Open key sign all these stuff make bitcoin an immaculate digital money it doesn't need the administration from government.
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April 21, 2018, 12:54:49 PM
 #112

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
As far as I know, bitcoin is legal only in Japan. Now many countries are trying to develop legislation for the legalization of crypto-currencies. Business is new, that's why everything is going slowly. But in the future, I believe bitcoin will be legal.
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April 21, 2018, 01:16:17 PM
 #113

Bitcoin validity is starting to increase day by day. Which country does not want to accept it quickly because they think it's a scam. Countries like recent India, China Philipines, agree to accept Bitcoin. As Bitcoin's popularity increases, Bitcoin will be recognized as validity throughout the world over the next few years.


Bitcoin will be legalized? Then it is great because price of this might become stable but one problem will be, if bitcoin will handle by the government, we might dont have any freedom for us to choose what we wanted. A freedom of taxes becauseI know for sure taxes will increase if ever. So legalization of bitcoin really needs approval to everyone if it is okay to them.
Bitcoin being legalized is somewhat has a a good effect and a bad effect too for us as a user's and trader's. First of all because of this legalization we will have rules and regulation to follow, well it is consider as a good effect and aside from it, if bitcoin become legally implemented of course let's expect that it would fine with tax and for me that's a sad thing.
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April 21, 2018, 02:56:59 PM
 #114

bitcoin has been legalized in some countries, and there are some countries that restrict to use of bitcoin, you can check the picture below related with it, we just wait for all countries to legalize the using of bitcoin


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April 21, 2018, 03:08:13 PM
 #115

bitcoin has been legalized in some countries, and there are some countries that restrict to use of bitcoin, you can check the picture below related with it, we just wait for all countries to legalize the using of bitcoin




+++BELARUS) but it's very poor people(
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April 21, 2018, 03:20:09 PM
 #116

If legalize everywhere bitcoin buet better because ate I suppose I want to go to a country where it is forbidden to me it will be impossible to use bitcoin.
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April 21, 2018, 03:44:23 PM
 #117

I do not know the legal validity of Bitcoin in other countries, but Bitcoin can be found in many countries
As a profession, I believe that Bitcoin will get legal validity at all times in all countries.
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April 21, 2018, 04:05:45 PM
 #118

Legalization of bitcoin has begun actually, Japan has legalized bitcoin these past few months and are actually gaining a lot because of this Japan's economy has been better than ever, I actually hope that more countries will continue to legalize bitcoin and altcoins, I honestly think that if a country will legalize bitcoin, chances are that the economy would rise, and the poverty would be less.
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April 21, 2018, 04:14:00 PM
 #119

Currently there are no rules governing bitcoin but if you pay taxes on your earnings that you made through bitcoin than I think that money becomes legal and you are in the clear. Also Bitcoin isn't being legalized cause governments are confused if they should let a disruptive technology like bitcoin to flourish or ban it.

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April 21, 2018, 04:23:23 PM
 #120

There are some country already start legalise bitcoin and already start accepting bitcoins in some malls and super markets in some country like japan. I read the news that they already accepting bitcion in there malls so thats means they already legalise bitcoin.

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April 21, 2018, 04:25:14 PM
Last edit: April 21, 2018, 11:03:40 PM by pthnmj
 #121

Each country has different laws of legalising bitcoin. In fact,  some countries have legalised the use of bitcoin,  and some haven't or maybe strictly prohibited. Japan is one of the example, the country which has legalised bitcoin. And I think each country has its chance.
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April 21, 2018, 04:26:31 PM
 #122

I just hope that the legalization of the use of bitcoin in my country will be far from reality. Because if not, they will get so much tax and those corrupt officials will just pocket those money. So better yet, leave the bitcoin owners alone.  Tongue
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April 21, 2018, 04:53:03 PM
 #123

The legality of Bitcoin is quite a controversial issue as almost every country has rejected it as a legal tender. This is because of the fact that Bitcoin is decentralized, highly volatile, and governments, banks other financial institutions around the world don't recognize it as a currency. However, there are around 69 countries which have been lenient towards this cryptocurrency and have given it legal or quasi-legal status. Some of these countries are Australia, Belgium, Brazil, Canada, Colombia, Croatia, Czech Republic, Cyprus, Denmark, France, Germany, Hong Kong, Israel, Italy, Japan, Ukraine, New Zealand, Norway, Poland, Singapore, Slovenia, South Korea, Spain, Switzerland, Sweden, Turkey, United Kingdom, United States etc.

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April 21, 2018, 07:00:51 PM
 #124

Bitcoin is legal in some country. Some country approved using bitcoin but does not accept bitcoin as a payment. You still need to convert it into fiat. They prefer tangible payment rather than bitcoin.



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April 21, 2018, 07:16:26 PM
 #125

in my own country Bitcoin Legalization will be realized until it can be used as an investment tool. Cool
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April 21, 2018, 07:24:07 PM
 #126

I think by nature, bitcoin is legal. I think the term your talking about is to regulate. Since its gaining more and more popularity and a lot of people are now using it as a mode of payment, i think it would be better to set rules or guidelines in regulating it. Some countries are now accepting it as payment.
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April 21, 2018, 07:34:03 PM
 #127

In my country bitcoin is considered  as a ponzi scheme cause our government lack knowledges on how it works .....many of my citizens are into it and we trade it often....but it has been legalised in some civilized country and which I believe many other under developed  countries like mine will soon join the race.  And I also suggest that bitcoin should be regulated  in other to curb many fake scams and fraudsters disappearing with investors fund.
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April 21, 2018, 07:54:18 PM
 #128

Already many countries have given legal rights to Bitcoin payment options. Such as Japans, Philipines etc. India is planning to legitimize it. I think they will soon make a decision. Bitcoin legality in the world is increasing in the country. Because Bitaken has contributed to the development of the country.
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April 21, 2018, 08:01:13 PM
 #129

The government considers it expedient to further regulate the issue related to the right of foreign investors to transfer crypto-currencies to the issuer's purse in exchange for Russian issuer tokens. Such a measure will increase the investment attractiveness of Russian projects, "the official recall of the Cabinet said.
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April 21, 2018, 09:47:17 PM
 #130

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
different countries have different law and rules. and also they have different views when it comes to cryptocurrency and bitcoin. but in our country it is legal and our government is supporting.
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April 21, 2018, 10:34:14 PM
 #131

Legal bitcoin is very difficult, because there are still many differences of opinion and fear with abuse use bitcoin, especially for money laundering and terrorist financing, and I think 5-7 years ahead I think there are many countries that legalize bitcoin, and Japan has legalized bitcoin to currently.
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April 24, 2018, 11:46:14 AM
 #132

The legalization of bitcoin is quite a complicated process because every state needs to first decide whether they are willing to accept bitcoin and then understand how they will regulate it as much as possible.
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April 24, 2018, 11:51:55 AM
 #133

No need for legalization because bitcoins is all legal i think,it will not be published on news if its not legal at all.You must ask about bitcoins acceptance not about legalization because its already legal,well in terms of financing bitcoins is not considered as "legal" to use but it can be done one day

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April 24, 2018, 11:56:33 AM
 #134

10 years is not so much for such a completely new phenomenon as cryptocurrency. Therefore, conservative States still cannot decide to accept it.

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April 24, 2018, 11:59:44 AM
 #135

Until now it is very rare for countries that have legalized bitcoin, but also there are countries that legalize the bitcoin of Japan.
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April 24, 2018, 04:16:11 PM
 #136

we dont when it will happen, thier are selected country which bitcoin is already legal. but here in philippines we dont know if it will going to legalize or not.

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April 24, 2018, 04:31:05 PM
 #137

Bitcoin legalization is one of the topic which is mainly relates on bitcoin and government. And we know that government and bitcoin is not that much related to each other because bitcoin is a form of cryptocurrency which exhibits decentralized system in terms of currency which could give an opportunity for people to earn and to gain profit for the future. Yet, when it comes to earning and profit government want to have a settled system which they could somehow legalized bitcoin to have a form of tax on it which is a bad thing that could happen to the system of bitcoin.
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April 24, 2018, 04:35:19 PM
 #138

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Its not easy to answer this,because lots of issue from different  countries are throwing toward this crypto,and as of today it grows ,but dont worry,i believe this will he settled in future,so far lets just dance with the music and enjoy what were having,stop demanding and be contentedly
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April 24, 2018, 05:09:08 PM
 #139

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Now most states are forced to consider the issue of legalization of the crypto currency and recognition of its legitimacy of circulation on its territory. The state can no longer stand aside and ignore its actual circulation, especially since the Crypto currency has a fairly decent value and it is being dealt with by more and more people. However, this process will be quite lengthy, it has a lot of difficulties, because this is a completely new phenomenon in financial relations and some features of the crypto-currency, such as its decentralized nature, anonymity, big volatility can not suit the state. Therefore, states will solve the issues of legalization of the crypto currency differently. This should be perceived as a natural process, but it must end with the victory of the crypto currency.

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April 24, 2018, 05:29:11 PM
 #140

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
legalization of bitcoin in a country is a hard thing to do especially on our country Philippines because bad people will take advantage of the use of bitcoin this may use for illegal purposes such us buying of illegal weapon, buying of drugs etc. which may cause a big trouble in our country the government should really think very carefully in legalizing bitcoin.
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April 24, 2018, 05:37:30 PM
 #141


I dont  have any idea about the other country. Some legalized and some banned the bitcoin.


I think might take a year to take some decisions about it in India. they also have a plan to put the goods and services. in the near future, I hope most countries will melegalkannya, as the more popular day. I think Japan has received bitcoin as payment options legitimate. even in the Philippines, too. in India, the government plans to melegalkannya. talks and discussion ongoing for it.
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April 24, 2018, 05:49:58 PM
 #142

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Yes here in philippines they already made bitcoin legal,we may not be fear to any transactions were going to make because by bsp and central banks and also our governments also manipulated and supports bitcoin.
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April 24, 2018, 06:01:49 PM
 #143

As far as I know, Korea has officially legalized the international transfer of Bitcoin and is about to set a legal framework for Bitcoin trading platforms and exchanges. This water allows Fintech companies to process up to $ 20,000 worth of Korean won to convert Bitcoin to users.
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April 24, 2018, 06:41:55 PM
 #144

many other country bitcoin are not Legalization. The main reason for not accepting it in many countries is the main reason ,  Than some people buy and sell drugs or other any illegal activities using in bitcoin. But now many countries are trying to legalize it.
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April 25, 2018, 12:12:56 AM
 #145

It depends of the government of any countries to deal with bitcoin, other countries just ignoring the uses of bitcoin some countries support while other countries totally banned the uses of bitcoin. Some countries like Japan and South Korea they are fully legalize the uses of bitcoin. For the government of China totally banned the uses of bitcoin.
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April 25, 2018, 12:47:00 AM
 #146

I think Japan has accepted bitcoin as a legal payment option. Even in Philippines too . In India the government is planning to legalize it. Talks and discussions are going on for it. I think it may take a year to take some decision about it in India. They also have a plan to include it in goods and service section. In the near future, I hope most of the countries will legalize it, because its getting popular day by day.
Yes, That is a good news. Legalization and global adoption of bitcoin is our hope together. In the last meeting of G20 Countries, all participants call for regulation regarding bitcoin. That is also an sign of accepting bitcoin by at least big and strong economic countries in the world. If this comes to a reality, we are optimistic that bitcoin will be accepted formally and can grow legally. Soon it will be used worldwide as as global digital currency.
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April 25, 2018, 12:51:08 AM
 #147

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Bitcoin is already legal in some countries. However, there are also other countries where Bitcoin is not legally accepted. Some countries also have their own restrictions to Bitcoin but not really to the point of banning it. There are actually different approaches taken by different countries toward Bitcoin. It my belief however that there will come a time when all these countries will legalize Bitcoin.
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April 25, 2018, 12:54:54 AM
 #148

I think Japan has accepted bitcoin as a legal payment option. Even in Philippines too . In India the government is planning to legalize it. Talks and discussions are going on for it. I think it may take a year to take some decision about it in India. They also have a plan to include it in goods and service section. In the near future, I hope most of the countries will legalize it, because its getting popular day by day.
Yes, That is a good news. Legalization and global adoption of bitcoin is our hope together. In the last meeting of G20 Countries, all participants call for regulation regarding bitcoin. That is also an sign of accepting bitcoin by at least big and strong economic countries in the world. If this comes to a reality, we are optimistic that bitcoin will be accepted formally and can grow legally. Soon it will be used worldwide as as global digital currency.
Well that's one side of the bitcoin regulation. It has got another side which also needs to be taken into consideration, because the scenario in Japan is different. The government has given the complete freedom and never interrupt into it. When it comes to other countries, we cannot expect the same. Most probably governments will try to keep it under their control which is not good for healthy growth.
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April 25, 2018, 02:37:16 AM
 #149

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
bitcoin has been a form of payment received good for digital goods and physical. although this technology has no relationship with financial traditional bitcoin more efficient because of the nature of decentralization and peer-to-peer attached to the technology of their use. state developing countries can benefit from the legalization bitcoin, and I feel cryptocurrency will recognition as global currency the future.
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April 25, 2018, 03:10:29 AM
 #150

We all know that bitcoin is getting popular and many countries is using it but most of the countries still not giving a chance to make bitcoin legal. So if you are asking when will bitcoin be legal we cannot determine it, it depends on the governement of each countries but hopefully they(government) will accept it and in the near future legalize the bitcoin and use bitcoin and many various useful ways.
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April 25, 2018, 03:13:26 AM
 #151

the matter of bitcoin legalization is fully controlled by the government of each region in this world. maybe theystill consider this cryptocurrencies, or bitcoin is still too risky to being legal in their own country. well, i hope in the future they could be more open minded about this amazing tech development.
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April 25, 2018, 03:26:36 AM
 #152

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I agree the government egalizes bitcoin, they can take taxes from bitcoin transaction in their country. the government can get income from it. so, In my opinion it is possible.
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April 25, 2018, 03:32:39 AM
 #153

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I agree the government egalizes bitcoin, they can take taxes from bitcoin transaction in their country. the government can get income from it. so, In my opinion it is possible.
Well, there are countries which already legalized bitcoin (belarus,germany etc.) and they evenpay their workers in Bitcoin but we still a bunch other countries to step in so we can both enjoin the advantage of cryptocurrency.

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April 25, 2018, 03:32:55 AM
 #154

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
I'm sure one day bitcoin will be legalized because bitcoin is growing rapidly. What I know in Japan has legalized bitcoin as the legal currency for digital transactions. This endorsement is marked by the number of retailers who receive payments with bitcoins. And I hope other countries will follow suit and legalize bitcoin. As in south korea once hosted a regular bitcoin conference and has created a comfortable and open environment for the bitcoin user community.
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April 25, 2018, 03:35:24 AM
 #155

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Here in Philippines the Bitcoin is legal, it can be used by people but not centralized by the central bank. But it's okay. In Japan, bitcoin is legal. And they used it as a payment. I wish Bitcoin will be legal all over the world.
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April 25, 2018, 03:43:27 AM
 #156

many countries that legalize most of Asia have accepted the bitcoin of the government and it must give importance to the bitcoin

vasquezCrypter
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April 25, 2018, 04:54:25 AM
 #157

 Im sure some day the bitcoin will legal in our country because some day  the government will know the benifits of this .
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April 25, 2018, 05:13:36 AM
 #158

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
many countries have legalized bitcoin as a legitimate currency in the country, but in my country the government has not bitcoin as official currency for official payment transactions, one day that must happen with the development of my country era

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April 25, 2018, 05:17:17 AM
 #159

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Currently the popularity and influence of Bitcoin to the world is not high, so we need to wait when it becomes trending of the whole world, then it is possible Bitcoin will be legal. Governments and central banks will accept it and choose it as a legal form of payment.

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April 25, 2018, 05:21:59 AM
 #160

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I don't know about other countries but here in the Philippines is legal to use Bitcoin since it has been approve by our Central bank.

yes here in the Philippines bitcoin is legal and i am happy for it, but i am worrying because there are some people who used bitcoin in illegal transactions. hope that it will not be ban.
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April 25, 2018, 05:27:52 AM
 #161

I think some country is not legalize bitcoin because bitcoin is cryptocurrency 
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April 25, 2018, 05:43:14 AM
 #162

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Currently the popularity and influence of Bitcoin to the world is not high, so we need to wait when it becomes trending of the whole world, then it is possible Bitcoin will be legal. Governments and central banks will accept it and choose it as a legal form of payment.
There are countries that bitcoin & other cryptocurrency are already legal. Review this list for your reference https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp .
This will help you to know the them if your travelling across the globe and you want to use you crypto.

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April 25, 2018, 06:02:37 AM
 #163

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?




Due to the lack of understanding of cryptocurrencies, some countries directly imposed bans on Bitcoin transactions.
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April 25, 2018, 06:41:21 AM
 #164

BITCOIN is legally used in some other countries, we can see there were some that accepted by great companies and with influence with the public but in terms of legalizing the income that we received from bitcoin I guess it is another topic because for sure once it is legalize the  taxes or Vat comes along with it which is a reay big burden to use for sure because aside from the fees we put in blockchain then here comes the government collecting and eliminating some coins as to taxes. So I hope if this will.be so, I hope better not legalize it.
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April 25, 2018, 06:46:28 AM
 #165

In my opinion it may take a lot of consideration to legalize a bitcoin system because it needs to be re-examined for the technology in use, because it requires a long process also to hone a bitcoin. if there is any distortion what about the level of security and also how with the supervision. So need special attention to make bitcoin. Some may be ready to accept the existence of bitcoin as their means of exchange and some will deny the existence of bitcoin with its system. So that's in my opinion, thank you.
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April 25, 2018, 06:48:58 AM
 #166

It will be a long and hard way to legalize Bitcoin. Since there are a lot of uneducated people who don't want to learn how good this technology is - they will try to fight against the legalization.
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April 25, 2018, 06:49:50 AM
 #167

The Russian government wants to take control of the exchange of crypto currency in excess of 600 thousand rubles
The government has prepared an opinion on the bill "On Digital Financial Assets". The executive power supported the document, but believes that it needs to be finalized for the second reading. In particular, according to several departments, it is necessary to introduce control over the turnover of digital currencies, and regulate taxation.

As the "Izvestia" wrote one of the main claims of the Russian government is the lack of standards that comply with anti-money laundering. In particular, the executive wants to introduce mandatory monitoring of exchange cryptocurrency in fiatnuyu operations if the amount exceeds 600 thousand rubles (or the equivalent in foreign currency).
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April 25, 2018, 06:55:43 AM
 #168

Now a Japanese company is using bitcoin as a commission to pay workers. Now that venezuela has come out of the oil coin, it is indirectly recognized that bitcoin is legalized.
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April 25, 2018, 03:51:51 PM
 #169

In the past year, cryptocurrencies have thundered all over the world and have attracted attention of governments of different countries. Now, as we see, legalization of bitcoin is one of the most popular issues. Even at the G20 Summit, this topic was given a lot of attention. I think that this whole year we will observe how the authorities will gradually accept blockchain technologies
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April 25, 2018, 04:09:38 PM
 #170

every country has a different view on the legalization of bitcoin itself, some allow and some are forbidden.
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April 25, 2018, 04:21:01 PM
 #171

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I think there are some countries that have received payment using bitcoin one of them is the state of America and several other big countries, yes indeed although there are some countries that have not been able to receive payments using bitcoin.
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April 25, 2018, 04:21:11 PM
 #172

I don't know about other country , but here in Nigeria crypto has not been legalize nor prohibited, one can trade freely
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April 25, 2018, 05:38:13 PM
 #173

just a matter of time, before bitcoin we Legalization in a country, it takes educated government, that has a good vision of his country and  it we take a time of circulation towards the communities. secondly in my country Nigeria, base on government, we need government  approval, because they are only on paper money transaction of they own..


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April 25, 2018, 05:45:14 PM
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 #174

Bitcoin is legalized in Japan. Many states are afraid to legalize Bitcoin, because this will damage their financial system of the country. In general, now is a very interesting time. Soon there will be a collapse of the dollar and the era of cryptocurrency.
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April 25, 2018, 05:48:05 PM
 #175

Where is it illegal and what do you call legalization? Have you made transaction and got arrested for this? No. Do banks which are certified by National Bank offer you bitcoin exchange service? Yes. So what do you want? No one tells you to don't do bitcoin transaction, you are free.
Also when you say bitcoin is illegal it's not correct because I guess other altcoins will be in same situation so you have to use word Cryptocurrency.

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April 25, 2018, 05:50:01 PM
 #176

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Currently the popularity and influence of Bitcoin to the world is not high, so we need to wait when it becomes trending of the whole world, then it is possible Bitcoin will be legal. Governments and central banks will accept it and choose it as a legal form of payment.
Yes bitcoin is still not as such popular throughout the  world but still i think that its popularity is not increasing, because people are advertising bitcoin on social media too much, and now even in backward countries people are now getting knowledge about bitcoin. Hope that very soon bitcoin will be the most popular currency of the world
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April 25, 2018, 06:05:48 PM
 #177

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
As far as I know, Japan is the first country to accept legalization of bitcoins as a currency / property that is allowed to trade and bear the taxes imposed on the crypto market. India, Russia also to open the possibility will accept bitcoin in the near future. With their recent moves. Recognizing bitcoin as a legitimate currency is not far off.
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April 25, 2018, 06:07:39 PM
 #178

As far as I know, Japan is the first country to accept legalization of bitcoins as a currency / property that is allowed to trade and bear the taxes imposed on the crypto market. India, Russia also to open the possibility will accept bitcoin in the near future. With their recent moves. Recognizing bitcoin as a legitimate currency is not far off.
If that happens, the future of bitcoin and crypto can be guaranteed, but the reaction and balance of bitcoin fluctuations will certainly be adjusted. That's what I hardly expected.
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April 25, 2018, 06:21:21 PM
 #179

before bitcoin Legalization in a country is a gradual process and it take time, for now, no is the answer to Nigeria government, because 70% of government staff, don't know much about bitcoin and how the transaction been done. so it take a long period of time to Legalization bitcoin in Nigeria.
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April 25, 2018, 06:25:50 PM
 #180

I think Japan has received bitcoin as a legitimate payment option. Even in the Philippines too. In India, the government plans to legalize it in the process. They also have plans to include it in the goods and services section. In the near future, I hope most countries will legalize it, as it is getting more popular by the day.
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April 25, 2018, 08:02:57 PM
 #181

I think it would be very difficult to enforce it being illeegal and  I'm sure they would make it difficult to use in certain places though
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April 25, 2018, 08:34:32 PM
 #182

in my own country Bitcoin Legalization will be realized until it can be used as an investment tool. Cool
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April 25, 2018, 08:44:03 PM
 #183

Bitcoin does not require the legalization of any government of any country, what bitcoin takes is the acceptance of a state government to be able to be used by the community, even without the receipt of bitcoin will remain in use by everyone in the world as long as the internet can still be accessed, but official acceptance of a government will strengthen bitcoin as a digital currency worthy of use by everyone.
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April 25, 2018, 08:57:38 PM
 #184

When most of the powerful countries has accepted bitcoin as a currency that would be the time that most of the countries are going to adopt bitcoin as a currency,it would be much better if it does happen anytime soon so that most of the people in world can enjoy the benefits of cryptocurrencies,as it is the future of our fiat system.

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April 25, 2018, 09:15:49 PM
 #185

There are already several countries that legalize bitcoin. Maybe for the legality of bitcoin globally and acceptable worldwide still takes several years.
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April 26, 2018, 01:25:35 AM
 #186

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

it is not necessary to legalize because bitcoin is not illegal. the illegal one is the usage of bitcoin because some peoples who use
bitcoin for illegal activity. not bitcoin itself. some countries ban bitcoin because they think the security of bitcoin is bad.
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April 26, 2018, 01:36:43 AM
 #187

as it currently is okay as long as the government does not close its exchangers. if the government legalizes bitcoin, then the exact impact is a large fee for each transaction. and we would think twice if the fee is big, because we certainly need a small fee to keep profit.
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April 26, 2018, 01:43:01 AM
 #188

That's term of legalization is fully controlled by each countries government. this legalization is kinda still pending because of the government scared of this new tech that could have flaw in it. they took their time to realize that this crypto currencies is good enough for their country before legalize it in their country. that's what i could think of. Maybe in near future, cryptocurrencies will begin to legalized by some country. i hope.
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April 26, 2018, 01:45:47 AM
 #189

I think legalization Bitcoin will be executed. But you have to wait. Bitcoin is the new thing with Government. They need more time to research
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April 26, 2018, 09:07:08 AM
 #190

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
there are some countries that have legalized bitcoin as a legal and legal currency for the transaction but in my country bitcoin may still be accessible but the government still prohibits to deal directly with bitcoin
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April 26, 2018, 12:21:31 PM
 #191

Legalization is far from my own country  but other countries are legalizing bitcoin because they believe it will help their country economic
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April 26, 2018, 12:56:12 PM
 #192

The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them.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,as for my country Nigeria their is no ban on bitcoin.
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April 26, 2018, 01:05:07 PM
 #193

The issue of legalization of bitcoin and other cryptocurrencies has been persistently raised in many countries over the past decade. Today the same bitcoin is already officially recognized in Japan, Canada, great Britain, Germany and a number of other States. In Russia, this issue takes place with great difficulty, but, nevertheless, the government understands that it is impossible to ban decentralized digital systems, and therefore, it is necessary to direct activity in the sphere of legalization and legislative regulation of cryptocurrencies.
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April 26, 2018, 01:25:29 PM
 #194

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Now most states are forced to consider the issue of legalization of the crypto currency and recognition of its legitimacy of circulation on its territory. The state can no longer stand aside and ignore its actual circulation, especially since the Crypto currency has a fairly decent value and it is being dealt with by more and more people. However, this process will be quite lengthy, it has a lot of difficulties, because this is a completely new phenomenon in financial relations and some features of the crypto-currency, such as its decentralized nature, anonymity, big volatility can not suit the state. Therefore, states will solve the issues of legalization of the crypto currency differently. This should be perceived as a natural process, but it must end with the victory of the crypto currency.

I thought for the legalization bitcoin we have seen from our point of view each
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April 26, 2018, 01:27:38 PM
 #195

Bitcoin can't be legalized that easily .. It can cause an economic problem for many countries ..
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April 26, 2018, 03:28:46 PM
 #196

Bitcoin is a legit company wherein all requirements that complies by government are conform by them. 
Through bitcoins legalization it has a support and acceptance of the government to operate in the industry.  So all things with them are legit.
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April 26, 2018, 03:38:18 PM
 #197

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

It looks like the movement of the bitcoin transactions and do not need to use the legality because the nature of the bitcoin can not control by anyone that should have been free moving bitcoin anywhere without anyone in the way. There are some States that require legality bitcoin but in my opinion it is not very important.



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April 26, 2018, 04:32:39 PM
 #198

Bitcoin is still not universally available to legitimize it is still a problem. Many countries and people still do not understand how to make money and earn income from Bitcoin, and the time and interest earned by Bitcoin will show them whether to legitimize it or not.
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April 26, 2018, 04:39:25 PM
 #199

I hope that the more countries that follow japanese who have legalized bitcoin and make good regulation, surely this will make the development of the world better.
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April 26, 2018, 05:02:49 PM
 #200

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
This wont happen in the near future as most of the countries has some regulations ,restricting cryptocurrencies,but should hope that most of these countries will turn the table upside down as there are few counties has started to adopt cryptocurrencies like japan and venezuela ,these are the countries that are going to be wealthy in the near future.

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April 27, 2018, 03:43:03 AM
 #201

i think before bitcoin will be accepted in any country there should have been a proper awareness,and maybe 52% of people should be trading using bitcoin.legalization is only a process and i think it is done slowly and not rushed into.and before legalization of anything the importance of that thing should be known,thats just what i think and i know japan has accepted bitcoin as a legitimate payment option.
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April 27, 2018, 03:53:27 AM
 #202

For me I think bitcoin should be legalized by the government because it helps a lot to the users, through blockchain technology bitcoin now can help us to make use of this in bills payment, remittance, etc., There are some countries that bitcoin was acknowledge by the government already like Japan and Philippines.
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April 27, 2018, 05:16:38 AM
 #203

I hope that the more countries that follow japanese who have legalized bitcoin and make good regulation, surely this will make the development of the world better.
It will be pretty hard to find countries that will embrace bitcoin like the Japanese, Korean, Belarus, Russian and Germany but it will be nice if there will be. Meanwhile, I'm hoping that the bitcoin payment feature planned by the Russian will also evangelize bitcoin to other countries.

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April 27, 2018, 08:53:06 AM
 #204

The issue of legalizing bitcoin and other crypto-currencies has been steadily rising in many countries over the past few years, and so they have not been able to reach a single solution, because each side has its own negative sides and its positive sides.
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April 27, 2018, 08:58:17 AM
 #205


There are a number of Countries that have legalized bitcoins.In japan for example, Bitcoin is fully operational, Germany has legalized BTC and so has Sweden and Denmark.. countries have different policies, so some will legalize BTC while others wont
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April 27, 2018, 09:00:46 AM
 #206

The issue of legalizing bitcoin and other crypto-currencies has been steadily rising in many countries over the past few years, and so they have not been able to reach a single solution, because each side has its own negative sides and its positive sides.
And until these issues transpiring between the crypto world and the governments of some countries are solved, the legalization and full realization of the potentials of cryptocurrencies wouldn't be visible. Crypto still has a long way to go.
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April 27, 2018, 10:13:57 AM
 #207

I know bitcoin is legal in the Philippines but of course it is not yet considered as legal tender like regular money
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April 27, 2018, 10:18:53 AM
 #208

Japan for example have not legalized it but is taking steps towards them and is not strictly against btc. So they started to regulate exchanges which means legalization may be in near future in Japan.
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April 27, 2018, 10:19:17 AM
 #209

I think, that this will happen not soon, if we are speaking about worldwide legalization, becouse some counntries have already forbid the bitcoin.
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April 27, 2018, 10:55:36 AM
 #210

the latest news about bitcoin is a japanese country that makes central use of the world's largest bitcoin.
but for my own country (indonesia), the use of bitcoin transactions is still prohibited by the state for several reasons.

hopefully bitcoin soon legalized  Sad Sad

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April 27, 2018, 11:28:24 AM
 #211

China has decided that they will get rid of bitcoin and the like, the trade will only be until the end of September.

Malaysia legalized its currency. It may be for the best interests of many people in their country while Ukraine and Indonesia refuse to recognize bitcoin as a form of payment. They may realize that they will not benefit from bitcoin trading. It could be a shadow of China's actions.

China may be very extreme with their decision to really close but is this a good example?


https://bitcoinist.com/bitcoin-legalization-update-malaysia-ukraine-and-indonesia/
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April 27, 2018, 11:50:27 AM
 #212

Decentralization makes bitcoin hard to legitimize, bitcoin sanctioning takes quite a while, I'm certain there will be difference in light of the fact that in the event that it is authorized it can undermine budgetary framework utilizing fiat cash.
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April 27, 2018, 12:02:00 PM
 #213

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

there are countries when bitcoin is fully legalized, such as Japan, South Korea or US. In majority of countries the bitcoin is simply not recognized, which means you can easily use it. There are only few countries who tried to ban it
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April 27, 2018, 12:06:16 PM
 #214

Bitcoin legalization will be realized until it can be used as an investment tool.The government should considers it expedient to further regulate the issue related to the right of foreign investors to transfer crypto-currencies to the issuer's purse in exchange for Russian issuer tokens.
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April 27, 2018, 12:21:40 PM
 #215

I hope that the more countries that follow japanese who have legalized bitcoin and make good regulation, surely this will make the development of the world better.
It will be pretty hard to find countries that will embrace bitcoin like the Japanese, Korean, Belarus, Russian and Germany but it will be nice if there will be. Meanwhile, I'm hoping that the bitcoin payment feature planned by the Russian will also evangelize bitcoin to other countries.
I also have the same hopes but the reality is too complicated. However with the current situation, I don't think it's too bad. I live in a country that is neutral to bitcoin. I can still have bitcoin and I'm not considered a criminal for having it. Although bitcoin isn't a valid payment instrument in my country, but I can still trade with bitcoin when deals are overseas (exactly online). But of course, this would be better if bitcoin is legal.




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April 27, 2018, 12:22:08 PM
 #216

The presence of digital currencies such as bitcoin is still a controversy in some countries. Legality is still in debate, As a result, the use of bitcoin in a country is not always accepted its presence.
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April 27, 2018, 12:40:18 PM
 #217

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
I think in the near future bitcoin will accept all over the world we just need to wait the right time that other countries will realize how bitcoin really effective as a payment system and source of income if that happens countries that tries to ban bitcoin will change their mind and fully accpet the bitcoin world.

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April 27, 2018, 12:49:42 PM
 #218

Everyone wants the legalization of bitcoin. The reason is obvious because everyone wants the ease of use and ownership of all the bitcoin they have. Maybe if it has been legalized the price of bitcoin will also be increasing.
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April 27, 2018, 12:55:34 PM
 #219

For many year, i don't hear nothing wrong about BTC, it is beneficial for country that capable for solving economic, unemployment and corruption problem so that countries should accept as a currency.
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April 27, 2018, 01:18:27 PM
 #220

There are very few countries in the world that prohibit BTC!

Most countries accept BTC. BTC is a special digital encryption currency. In the future, many countries will accept BTC, and BTC will become more and more expensive.
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April 27, 2018, 01:23:47 PM
 #221

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

in my opinion legality is difficult to apply in the bitcoin because too many terms that must be applied and not just that alone if the occurrence of legality in the country the possibility there is a chance to control the kondsi price of the bitcoin.
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April 27, 2018, 01:24:18 PM
 #222

Nobody knows when it will be legalized all over the world. But I think here in the philippines that bitcoin is legal. And also many filipino uses bitcoin as part of their income. But I hope that bitcoin will be legal all over the world so that no one is afraid to buy bitcoin.
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April 27, 2018, 01:26:36 PM
 #223

Alot of countries are silence about the legality of Bitcoin, alot of countries has no law against BTC they just advice there citizen against it, no punishable offenc transacting with BTC.
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April 27, 2018, 01:30:04 PM
 #224

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
if your looking for world wide legalization well theres no assurance about that since this will take more than five years to settle legalizing of bitcoin and cryptocurrency..

This may disappointing but we have no choice because not all countries are ready for this new technology and the benefits given by this
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April 27, 2018, 01:34:42 PM
 #225

the latest news about bitcoin is a japanese country that makes central use of the world's largest bitcoin.
but for my own country (indonesia), the use of bitcoin transactions is still prohibited by the state for several reasons.

hopefully bitcoin soon legalized  Sad Sad
yes, indeed Japan is the largest bitcoin user today, most countries can not accept and certify bitcoin, if in Indonesia there is no prohibition for bitcoin, only to conduct transactions seems to be banned by the government, but hopefully there will be a way for we can transact with bitcoin freely, and hopefully more countries to legalize bitcoin.

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April 27, 2018, 01:39:42 PM
 #226

I am waiting for the moment when bitcoin becomes legal in all countries of the world, I understand that in many countries there are strict laws regarding bitcoin. But someday all countries recognize bitcoin, sooner or later.
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April 27, 2018, 01:39:58 PM
 #227

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Legalization of bitcoin would probably create hazardous effect to banking institutions because bitcoins features are much efficient and convenient to execute while banking takes much time to process transactions.

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April 27, 2018, 01:40:42 PM
 #228

Yes, I think bitcoin is now legal in many countries around the world, especially the Japanese who use it the most today, because it provides a stable financial source for them. In the future, many countries will accept bitcoin and will become more expensive.
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April 27, 2018, 01:45:27 PM
 #229

some countries have legalized bitcoin, one of them is Philippine, but here in my own country it has not been legalize or prohibited. one can trade or invest freely without government intervention, and i believe that very soon bitcoin will be legalize and approve in my country.
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April 27, 2018, 02:03:51 PM
 #230

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
I think if bitcoin will be legalized I'm sure there's a very big changes and I know also a lot of people will be crowded and the system will be controlled by people that want to be a hero.
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April 27, 2018, 02:43:10 PM
 #231

If you're asking about global legalization in some country,that mean Bitcoin should be regulated first by them.
and we can talk about global legalization, but right now, if they did not ban it.you can use it as your wish,but the requirement is the store support it.
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April 27, 2018, 04:54:53 PM
 #232

It is very difficult to predict that when the government will legalize Bitcoin because there are some scams going around using the name of crypto and hence governments would never take any risk of taking any crucial decision. However, I believe that legalization is the only viable option to monitor the funds flow from this industry with the help of domestic exchanges. If the government is banning crypto to fiat trades then even in that case people would trade under the shadow and that would be the dangerous thing. Economists, crypto experts, legal experts and government officials are regularly meeting each other to draft a proper framework.
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April 27, 2018, 11:50:46 PM
 #233

the latest news about bitcoin is a japanese country that makes central use of the world's largest bitcoin.
but for my own country (indonesia), the use of bitcoin transactions is still prohibited by the state for several reasons.

hopefully bitcoin soon legalized  Sad Sad
honestly, at the moment, most of countries prohibit the development of bitcoin now. The goverments are trying to find the best way to reject the exist of bitcoin because it takes a huge impact to global economy. It is considerably clear that there has a few countries accept the development of bitcoin, that is one of the most causes which makes many people get concerned. Personally, I think that most of us both  wish our country support bitcoin. I hope that my country will accept bitcoin soon, and I hope bitcoin will be accepted all most parts of the world even more.

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April 28, 2018, 12:02:21 AM
 #234

I think Japan has accepted bitcoin as a legal payment option. Even in Philippines too . In India the government is planning to legalize it. Talks and discussions are going on for it. I think it may take a year to take some decision about it in India. They also have a plan to include it in goods and service section. In the near future, I hope most of the countries will legalize it, because its getting popular day by day.
Yes, That is a good news. Legalization and global adoption of bitcoin is our hope together. In the last meeting of G20 Countries, all participants call for regulation regarding bitcoin. That is also an sign of accepting bitcoin by at least big and strong economic countries in the world. If this comes to a reality, we are optimistic that bitcoin will be accepted formally and can grow legally. Soon it will be used worldwide as as global digital currency.
Legalize would be similar with global adoption because if bitcoin legal, not only bitcoiner and also normal people will not be worry anymore to have and spend bitcoin in every area. Without legalized, we still have doubt on how we can spend it and normal people who dont have enough knoedge think crypto is scam bubble.
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April 28, 2018, 12:24:04 AM
 #235

Bitcoin does not require the legalization of any government of any country, what bitcoin takes is the acceptance of a state government to be able to be used by the community, even without the receipt of bitcoin will remain in use by everyone in the world as long as the internet can still be accessed, but official acceptance of a government will strengthen bitcoin as a digital currency worthy of use by everyone.
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April 28, 2018, 12:43:42 AM
 #236

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Its hard to make government regulate bitcoin if bitcoin used for payment. As we know, bitcoin makes many central banks afraid because they can not control bitcoin.
But if regulation on bitcoin trade or investment instrument, i think that will happen and need time for government to regulate it

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April 28, 2018, 04:36:34 AM
 #237

Bitcoin is a digital currency.many country like Japan,China,USA, accept bitcoin.day by day others country whole over the world accepting bitcoin as a mode of payment.I think within few years, bitcoin is legalized in many country.
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April 28, 2018, 08:23:07 AM
 #238

Do you mean legalization of bitcoin,  if it is legalised so many thing will change for better because it will be fully electronic money which will be spent electronically by everyone . Civilization  will be 98%. Nice one

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April 28, 2018, 06:09:52 PM
 #239

Bitcoin being legalize is just a matter of time, there is first mass adoptions,and users in almost 132 countries worldwide, you can practically buy things with bitcoin either online or physically.
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April 28, 2018, 06:37:11 PM
 #240

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Based on my research their are a lot of country's that accept bitcoin as legal tender in their country's. Their government amended the regulations of this digital money currencies to use as payment  of bills and other transaction especially to investment. And some other country's are planning to follows other country's that accept bitcoin as legal tender like Russia and Philippines.

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April 28, 2018, 06:52:01 PM
 #241

Due to the fact that the crypto currency has seriously poured into the economies of countries, they are now forced to discuss the legality of the circulation of the crypto currency in their countries and the degree of their legislative regulation.
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April 28, 2018, 07:00:27 PM
 #242

legalization of bitcoin in other country i think it bit difficult because there are any country that still thingking abou it in the future
i think bitocoin are legal but not in any paper write about it, because it still like trading agreement

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April 28, 2018, 07:24:28 PM
 #243


Its hard to make government regulate bitcoin if bitcoin used for payment. As we know, bitcoin makes many central banks afraid because they can not control bitcoin.
But if regulation on bitcoin trade or investment instrument, i think that will happen and need time for government to regulate it
It’s really rational answer, it’s very soon to legalize bitcoin for payment. Besides the bitcoin that has no control and scares the central bank, (according to what I read from some cryptocurrency media) bitcoin fees and speeds until the problem of confirmation is still a major problem. Maybe government will make regulations on blockchain not on bitcoin (because the price volatility problem), because the blockchain will be useful for goverment and many things.
Conclusions, the governments strong reason to regulated the bitcoin to protect investors from all major losses (trading, investment issues) and tax issues. That’s what I can look into as I follow the various stories in some big media.

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April 28, 2018, 08:15:21 PM
 #244

legalization of bitcoin will surely come in years to come, this i strongly believe but for now governments will look for all means to fight bitcoin since they hate anything they have no control over.
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April 28, 2018, 08:17:00 PM
 #245

Not all country will accept bitcoin and for legalize, it might take years, and bitcoin doing fine without those countries. Legalized or not bitcoin will continue to grow and get more popularity as more media and ppl talk about it.

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April 28, 2018, 08:20:32 PM
 #246

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Every governments has their own speculation of bitoon that is why most of countries didn't legalize bitcoin. Since april 2018 Japan has already legalize bitcoin for their daily uses.
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April 28, 2018, 08:23:01 PM
 #247

I would like to point out that in most countries of the world the btc is already legalized. Perhaps there are still no specific rules but it is not prohibited so it is legal. Only in very few countries is it prohibited.
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April 28, 2018, 08:23:27 PM
 #248

I am not sure why countries ban Bitcoin maybe its because they'll never know how much a person is getting paid or if a person is paying his or her taxes like those are two thing they much be worried off, They just like figure something out really quick because Bitcoin is not gonna just disappear tomorrow and they need to realize that ASAP.
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April 28, 2018, 08:43:26 PM
 #249

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

For me legalization of bitcoin in the world is done, why? because we can see that almost all country in the world has a financial institution accepting bitcoin as money that is why we can easy to convert bitcoin to our local currency, that the reason why I say legalization of bitcoin is done.

Legal means there is a law or specific law that allowing something, right? But inters of bitcoin for me even there is no international law that allowing bitcoin as worldwide currency for me  bitcoin is legal as money in the world because bitcoin is accepted in the whole world.

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April 29, 2018, 06:52:07 PM
 #250

This is a very slow process, as not all rulers trust bitcoin in view of their outdated views. But I hope that trends will change soon.
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April 29, 2018, 07:01:09 PM
 #251

in Australia when you cash out your money from crytpo you have to pay the same income tax as from real business which makes btc income a legal income cuz it is due to tax payment.

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April 29, 2018, 07:02:34 PM
 #252

The government is just eyeing bitcoin, weighing the pros and cons of its use. I do not know whether they act so slowly in their own interests or in the interests of their citizens. But I hope the decision will be positive.

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April 29, 2018, 07:18:27 PM
 #253

Bitcoin legalization is happening, but very slowly. Cryptocurrency is very young, so the government is in no hurry to introduce it on its territory, but only looks after it, to its security and necessity.

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April 29, 2018, 07:24:56 PM
 #254

I think that the process of legalization is a matter of 3-5 years. States will have to take bitcoin, there is no other way out.
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April 29, 2018, 07:25:23 PM
 #255

I think it would be very difficult to enforce it being illeegal and  I'm sure they would make it difficult to use in certain places though


I think it may take a year to make some decisions about it in India. They also have a plan to include it in the goods and services section. In the near future, I hope most countries will legalize it, as it is getting more popular by the day.
I think Japan has received bitcoin as a legitimate payment option. Even in the Philippines too. In India, the government plans to legalize it. Discussions and discussions are underway for that.
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April 29, 2018, 07:35:36 PM
 #256

Every year bitcoin penetrates deeper into the spheres of people's lives. The first country that legalized bitcoin as a means of payment was Japan. This year, legalization took place in Germany and will continue to move across Europe. In the United States began to collect taxes from operations on the crypto currency. Legalization is moving and it is inevitable
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April 29, 2018, 07:38:57 PM
 #257

There are already several countries that legalize bitcoin. Maybe for the legality of bitcoin globally and acceptable worldwide still takes several years.
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April 29, 2018, 07:46:41 PM
 #258

There are some countries that do not even care about bitcoin and it's usage, that is why they are not even talking about how bitcoin is going on their government.. I think that bitcoin will end up being legalized on those countries
There are already several countries that legalize bitcoin. Maybe for the legality of bitcoin globally and acceptable worldwide still takes several years.
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April 29, 2018, 08:25:21 PM
 #259

I think many countries from the world did approach Bitcoin and adopted this technology but in our India, we do not get such consequences till now. I wish to see and use all cryptocurrencies in India very soon but although we are currently trading cryptocurrencies in minor amounts and maybe soon the government will allow us to officially trade it with the banks.
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April 29, 2018, 08:43:37 PM
 #260

The fact that the use of crypto currency in the US is legal, I think it is already clear. There are even a few agencies that at the state level are monitoring that virtual money is used only for legitimate purposes.
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April 29, 2018, 08:46:14 PM
 #261

There are also many who legalize bitcoin because according to the government of the country will be profitable for their economy. And some are illegal bitcoin for fear of disrupting their economy. Every government thinks differently.
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April 29, 2018, 08:57:33 PM
 #262

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I think there's always a possibility for that, or more so, I think that that inevitable to happen. I say that because this market, even though it experiences so much changes and so many ups and downs, is still a legit market that can really yield good profit, especially if a person would just be cautious and choose the better and good trades, then there is a good chance for one to actually gain a lot from it. Also, it has helped so many economies and countries alike that, I think, many other countries would follow suit in trying to take advantage of it, which in turn, would lead to its legalization.

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April 29, 2018, 08:59:48 PM
 #263

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Bitcoin is neither legal nor illegal. The concept of legalization is purely depends on every country and every person using it. In every country, bitcoin is something that needs to be accepted or not. There are already many countries that accept bitcoin. There are also some that do not because they cannot collect tax from it and afraid of bitcoin.

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April 29, 2018, 09:04:58 PM
 #264

Bitcoin was recognized and legalized in countries such as: Canada;United Kingdom;;USA;Australia;Estonia;Denmark;South Korea;Sweden;Netherlands;Finland.On acceptance bitcoins as a new legal digital currency or not, think such countries as:Belgium;
Colombia; Czech Republic; Germany; New Zealand;Israel;Ukraine;France;Croatia;Belgium;Poland;Slovenia;Turkey;Singapore;Switzerland;Spain and many others.  
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April 29, 2018, 09:07:35 PM
 #265

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
There are now many countries banned from Bitcoin to prevent the risks of economic crises in many countries. My country banned Bitcoin because of the backward economy, I do not understand why they do not have a model of economic development.

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April 29, 2018, 09:23:25 PM
 #266

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Bitcoin can not be legalized in my country for many years. My country is currently developing economically but the government is very concerned about the crisis as well as the many risks that virtual currency can bring. I think Bitcoin will soon be legalized.

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April 29, 2018, 09:51:06 PM
 #267

I don't know to others but here, it is legal it has been approved but it is not acceptable in any store here. It would be nice if it is legal and also able to use as a payment in any store.
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April 29, 2018, 10:54:41 PM
 #268

It is only a matter of time that bitcoin will aquire legal status in most nations of the world. We can take a cue from Japan leading the race. Certainly as adoption becomes wider across the world, legalization or something of that sort will have to come in.
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April 29, 2018, 11:00:06 PM
 #269

for bitcoin legalization is already a lot of countries in the world that legalize bitcoin but there are still many countries that have not legalized bitcoin
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April 29, 2018, 11:16:28 PM
 #270

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?



Good for us here in our country because we are free to use bitcoin,though there are still many countries do not accept it and some countries banned bitcoin.

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April 29, 2018, 11:17:25 PM
 #271

There are already several countries that legalize bitcoin. Maybe for the legality of bitcoin globally and acceptable worldwide still takes several years.
If Bitcoin will be leglized worldwide, it would be great opportunity to all of the people who want to earn profit and who want to have a worth investment.

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April 29, 2018, 11:43:07 PM
 #272

There are two forms of legalization .
1. For country
2. For whole world.
Some countries are banning the operations  of bitcoin. So i think it is hard to legalized bitcoin worldwide.
We need to promote bitcoin and itself to encourage some countries for involving btc. Or to use it system by every individuality.
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April 29, 2018, 11:54:02 PM
 #273

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Based on my research their are a lot of country's that accept bitcoin as legal tender in their country's. Their government amended the regulations of this digital money currencies to use as payment  of bills and other transaction especially to investment. And some other country's are planning to follows other country's that accept bitcoin as legal tender like Russia and Philippines.
Russia, philippines and of course japan and usa already accept bitcoin as legal tender and its used for globally.
I dont know when another country would follow japan and other to legalize bitcoin but at least not many country ban bitcoin and i hope no more follow to ban bitcoin.
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April 30, 2018, 01:04:23 AM
 #274

I think some country is not legalize bitcoin because bitcoin is cryptocurrency
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April 30, 2018, 03:38:05 PM
 #275

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
well it's hard to legalized bitcoin I think not only in our country which is philippines because it'll be dangerous for some country like us because we do not or the government do not control the bitcoin system they will not know the internal affairs or the transaction happening inside the bitcoin and this may cause a lot of trouble and the financial state of a country will lose the control over the money.
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April 30, 2018, 03:39:04 PM
 #276

In my opinion it may take a lot of consideration to legalize a bitcoin system because it needs to be re-examined for the technology in use, because it requires a long process also to hone a bitcoin. if there is any distortion what about the level of security and also how with the supervision. So need special attention to make bitcoin. Some may be ready to accept the existence of bitcoin as their means of exchange and some will deny the existence of bitcoin with its system. So that's in my opinion, thank you.
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April 30, 2018, 03:55:47 PM
 #277

There are already some countries that legalize bitcoin like Singapore and Japan. If that is when to legalize bitcoin in all countries, the answer is I do not know. I think it is something that will be hard to do. Regarding the legality of revenue earned from bitcoin then how to track ownership of a bitcoin transaction?
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April 30, 2018, 03:57:50 PM
 #278

Despite the techological breakthrough that may and will happen in the future, we will still have some people who'd be using fiat.
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April 30, 2018, 03:58:12 PM
 #279

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
It is very difficult for Bitcoin to become a legitimate company, so many people are investing in Bitcoin and getting a profit, when many people invest in it, many people in different countries also participate. Investing in Bitcoin, this makes the government very afraid of the country so it has banned bitcoin in the country.

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April 30, 2018, 04:08:04 PM
 #280

Fresh article on this topic with updated facts for some jurisdictions
https://hackernoon.com/cryptocurrency-regulation-update-april-2018-9778df2b6eac

Also Malta can became nice hub for crypto related businesses
https://www.bloomberg.com/news/articles/2018-04-23/how-malta-became-a-hub-of-the-cryptocurrency-world-quicktake?utm_source=TNW&utm_campaign=2293e544ca-EMAIL_CAMPAIGN_2018_01_12&utm_medium=email&utm_term=0_32f70ba9aa-2293e544ca-12729701&mc_cid=2293e544ca&mc_eid=b4e50ad7d0

Development on this issue is ongoing. We are going to see something interesting in the short term.



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April 30, 2018, 04:23:20 PM
 #281

there are some countries that have legalized bitcoin and there are also some countries that still can not accept bitcoin.
but I think it's just a matter of time. and I'm sure one day all countries will legalize bitcoin.

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April 30, 2018, 04:57:46 PM
 #282

Well the income that you make from Bitcoin will get legalized as soon as you pay taxes on it. It doesn't matters if bitcoin is not made legal as long as it is not declared illegal by law. Also I don't think that Bitcoin is going to be legalized that easily as it is something that governments aren't in favor of.

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April 30, 2018, 05:14:34 PM
 #283

some countries are beginning to recognize legally active state enterprises to be an crypto exchange market, especially in the Asian region. But it is true, here it takes the active owners to stay active communicating so the government is not too skeptical about it. In my country even the CEO of the company can make bitcoin/blockchain associations that continue to develop education to anyone, including the country.
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April 30, 2018, 05:28:00 PM
 #284

I think they are just a few countries where bitcoin and cryptocurrencies are ilegal or forbidden. Until theres no law who forbidd them, they will be legal. Its that simple. So this means cryptocurrencies will be legal in the most countries, because the most of them will need a really long time until they will makes some laws for cryptocurrencies, how to handle them and how to regulate. So untill these days you just have to worry about how to tax them right. When you tax them, you have nothing to fear!
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April 30, 2018, 05:31:07 PM
 #285

Bitcoin can't be legalized that easily .. It can cause an economic problem for many countries
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April 30, 2018, 08:16:51 PM
 #286

I think that at first it will be very unusual.but I would really like to see how bitcoin will be legalized in the future and how it all happened

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April 30, 2018, 08:20:53 PM
 #287

when will legalization bitcoin,this does not happen and there any countries that have legalized bitcoin...or already somehow now it is possible to legalize the income received from Bitcoin...I don't know about other countries but here in the Philippines is legal to use Bitcoin since it has been approve by our Central bank...
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April 30, 2018, 08:23:15 PM
 #288

I think that legalization of bitcoin would only show a positive result.I hope that in my country such will happen although someday
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April 30, 2018, 08:26:23 PM
 #289

Canada, as well as its neighbor from the south, has long legalized the Crypto-currency. It is here that a large number of Bitcoin startups take their start, which are then distributed around the world. In Canada, there are 2 cities that are considered Bitcoin hubs - Toronto and Vancouver, known to most people thanks to the Winter Olympics.
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April 30, 2018, 08:42:28 PM
 #290

Speaking about legit, Bitcoin does not need government approval to become a legal tender with the invention of digital currency. Bitcoin is globally accepted as a conventional legal tender, and is thriving.









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April 30, 2018, 08:51:06 PM
 #291



Bitcoin will be legalized and regulated in the near future for many considerable reasons. One reason is that Bitcoin is based on the 'Blockchain Technology' which is going to be the main hub for the future applications. Secondly, there is a continual and increasing number of gigantic investors who invest billions of dollars in Bitcoin as well as altcoins.





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April 30, 2018, 09:04:37 PM
 #292

At the moment only a few countries have legalized bitcoins and allow their use as a payment method. For the rest of the countries that still do not accept it, I think it will still take many months if not years for the bitcoin to be legalized. But I think we are going in the right direction above all because the bitcoin becomes more popular every day that passes and more and more high-level people are becoming interested in it.

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April 30, 2018, 09:19:54 PM
 #293

I think, bitcoin legalization has not happened because many regulators have not found the right legal framework to megatur bitcoin, because digital currencies such as Bitcoin is very complex, the regulators are still confused how to set bitcoin, whether Bitcoin should be set as one currency Or investment assets.
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April 30, 2018, 09:28:25 PM
 #294

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Bitcoin is pretty much recognized in our country and I like to keep it that way. Our government minds its own business here and just says to us to be careful in this field. They never tell that it is a bad thing nor have plans in banning it. Legalizing bitcoin will just be a problem for us because we like bitcoin since it is decentralized and we don't to pay additional taxes for it.
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April 30, 2018, 10:11:29 PM
 #295

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

There are only few countries who ban or limit the use of cryptocurrency like China and India. In most countries, citizens have the freedom to access it since internet is very accessible these days. And there are a lot people who earn money in bitcoin and made it as a career fulltime. The good thing about bitcoin is that you earn a lot here as long as you work hard enough and patient enough to face difficulties while holding.
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April 30, 2018, 10:34:09 PM
 #296

Some countries has consider bitcoin as legal.Legalization of bitcoin is good and great idea but because some countries opposed it that's why we face a struggle to make it legal but soon it is widely recognized by a lots of people surely the government will implement that bitcoin will be legalized.
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April 30, 2018, 10:41:48 PM
 #297

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I think bitcoin is legal to most countries right now and I just wish that the government will not have a power to influence the market of cryptocurrency. Bitcoin is decentralized for one reason and that is to give the people the power and freedom to use their money. If the government will regulate it, the essence will disappear along with the goals of the creator of bitcoin.
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April 30, 2018, 10:42:59 PM
 #298

Do you know that the world has over hundred countries which each having its own laws and legislation? So if you ask questions about legislation you should be more precisely and tell us about what country do you speak? Also, if you are not happy with the laws of your country in connection to bitcoin, you still have the option to use other altcoins.
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April 30, 2018, 11:11:29 PM
 #299

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
I think that had already happened now and it all begun massively during the beginning of this year. I think right now we now know the stands of almost all the world superpowers so we are now hoping for the best in the future
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April 30, 2018, 11:36:06 PM
 #300

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

To be honest,  i really don't know when bitcoin will finally be legalized in the world and if there are new regulations about the income that we received from bitcoin.  But if bitcoin will be legalized, it will be a good indications that bitcoin will last for a long time.

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April 30, 2018, 11:37:32 PM
 #301

I wonder why they never banned all the fiat currencies considering cash is being used since the inception for money laundering, corruption, drug payments, terrorism and so on. Now they see a problem in the crypto, just now.

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April 30, 2018, 11:44:10 PM
 #302

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

It will take some time before lawmakers would make some law to legalize it. They'll make laws on how can cyrptocurrencies be taxed and of course protect it's users.

One problem would be is the body that will be held liable if offenses are to charged.

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April 30, 2018, 11:59:35 PM
 #303

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I dont know when bitcoin will formally legalize and being use anywhere in any establishments. I am also waiting for that, i am waiting for the big change in the form of digital currency.

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May 01, 2018, 12:25:12 AM
 #304

In my country which is the philippines i think bitcoin was generally legalized, and why and how i know? Because our main banks was looking to use it ,this is the Philippines national banks and i think it has impact in our country that many investor or miner will chose our country ,so im glad to be here.

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May 01, 2018, 01:29:01 AM
 #305

legalization of bitcoin is happen in different. Many people are investing their own money in bitcoin to get very huge profit from the bitcoin.In japan also ,many mining farm is started to get more bitcoin as a profit from mining.
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May 01, 2018, 01:30:43 AM
 #306

Yes, bitcoin is legally used in some other countries, we can see there were some that accepted by great companies and with influence with the public but in terms of legalizing the income that we received from bitcoin I guess it is another topic b ause for sure once it is legalize the  taxes.
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May 01, 2018, 01:39:50 AM
 #307

Yes, bitcoin is legally used in some other countries, we can see there were some that accepted by great companies and with influence with the public but in terms of legalizing the income that we received from bitcoin I guess it is another topic b ause for sure once it is legalize the  taxes.
Bitcoin is being legalized in some countries here in Asia. Philippines and Japan are two of the countries that supports bitcoin. Even companies are trying to adapt the bitcoin system. There are more countries from other continents that accepted the bitcoin as one of the virtual money.

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May 01, 2018, 01:44:13 AM
 #308

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
I ask you, If some country legalize the bitcoin. How can be handle that? How they government controlled the taxes of all investor? So that is why bitcoin cannot be legalized. We can say can be regulated but not official legalize.
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May 01, 2018, 01:50:44 AM
 #309

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I don't think bitcoin is illegal at all, it may be ban from some countries but i don't think that is defined as illegal generally speaking.

In fact, many countries has exchanges supporting not only bitcoin but eth as well and have provision to directly convert their BTC or ETH to local fiat currency.

Payments are accepted too using bitcoin and is considered digital cash.

Perhaps what you are looking for is why not all countries are endorsing the use of bitcoin?
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May 01, 2018, 02:15:17 AM
 #310

Many countries are now planning to legalize bitcoin but it takes more time to legalize it in more country in the world because it's not easy when any country want to legalize bitcoin that mean they have to have enough ability to control both advantages and disadvantages of Bitcoin.That is why there are only few countries all over the world that legalized Bitcoin.
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May 01, 2018, 02:20:12 AM
 #311

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Technically, it is legal to own bitcoins since no one owns bitcoins and it is only illegal to own bitcoins based on the government's advice. There are a lot of countries that legalized bitcoins and have even adopted them recently like Japan. In fact, every income you receive from bitcoins are technically legal so no worries here.

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May 01, 2018, 09:35:57 AM
 #312

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I think the bitcoin legality is needed because with the legality of bitcoin the bitcoin can move freely and can be used for some methods of payment more secure and comfortable so better bitcoin legality soon published in every country.
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May 01, 2018, 10:17:12 AM
 #313

some country are bitcoin is legal to used that no one will stop you to invest own money but still there's few country are not accept of bitcoin because of some issues that encounter and they think bitcoin is not good to their country, and the poor country because they don't know how to control bitcoin in their country and also due to many different reason.
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May 01, 2018, 10:26:01 AM
 #314

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Legalizing of bitcoins is necessary. People will attract more to buy bitcoins if their government will legalize it. In my country, the people are free to use bitcoin because government accepted and legalize the bitcoin,

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May 01, 2018, 10:40:17 AM
 #315

maybe somday if all country in the world makes the policy about bitcoin and want to makes legalize of bitcoin, before you go to that moment we need to find the impact about bitcoin are legalized, how about bad impact and good impact, for use i know it will be a good impact, but for country or government i thik it will makes a bad impact for them

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May 01, 2018, 12:15:15 PM
 #316

Bitcoin already legal on some country. Some country ongoing revolution and some of are did ban. It's not much effect on Bitcoin. I believe every country should accept Bitcoin. Even some country ban Bitcoin but still there using Bitcoin by people. Bitcoin future is bright so it's better to accept now before it's going higher.

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May 01, 2018, 12:18:29 PM
 #317

I do not know how the state can make a profit and bitcoin (given its system), and therefore the issue of legalization is very questionable. As an option, state ICO, but again this is not a fact and they will be equivalent to private companies. It is absolutely not profitable and is at odds with the policy of any state.

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May 01, 2018, 12:32:38 PM
 #318

We can only wait when Bitcoin can be legalized all over the world.
Right now I know Bitcoin has been the legend in Japan. In Japan, Bitcoin users have been facilitated by the Japanese government and many companies receive payments using Bitcoin.
I had the hope that one day a country would legalize Bitcoin so that Bitcoin could be stable in value.
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May 01, 2018, 12:38:04 PM
 #319

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Every country has different rules and ideas so you have to understand that and understand the rules of each country.
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May 01, 2018, 12:41:30 PM
 #320

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Bitcoin is already legal in some countries but it is also illegal in others. In some other countries, Bitcoin is not illegal but under strict regulations and even certain restrictions. But all these are very much improved already as compared to the previous years when Bitcoin was not even given attention by the governments. Right now, governments are taking a careful step as to the continued growth of Bitcoin.
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May 01, 2018, 12:57:25 PM
 #321

Bitcoin is legalized in a number of countries, and my country still does not accept BTC, so I still can not use BTC on anything beyond life. Currently I hold BTC for speculation and business purpose.

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May 01, 2018, 01:14:09 PM
 #322

Bitcoin is legalized in a number of countries, and my country still does not accept BTC, so I still can not use BTC on anything beyond life. Currently I hold BTC for speculation and business purpose.
Don't lose hope ,bitcoin still has a potential to be our single currency worldwide. I think they are against on bitcoin because they supported bank already but still it has a chance to change the run so hold your currency, the reason why we hold for the uses and purposes in near future.
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May 01, 2018, 01:14:41 PM
 #323

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?

I think you need to do more some research, there are around 70 countries or territories where the status of Bitcoin is legal. So, you can go and check this thread, https://bitcointalk.org/index.php?topic=3461897.0  Grin

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May 01, 2018, 01:18:24 PM
 #324

I don't really care much about the legalization of Bitcoin, first we need it to be accepted by many and most of the population all over the country, and if government accept BTC it is the very first fundamental we need, because we need them to acknowledge it and allow it to be use everywhere.
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May 01, 2018, 01:19:38 PM
 #325

Bitcoin will fine it hard to be legalized due to the fact that the technology behind bitcoin beat the ability of any country or government to be controlled and at that most government will see bitcoin as a necessary evil but there is nothing that they can do about that, but there are some countries who are now embracing cryptocurrency as a means of online payment and that is the highest bitcoin/cryptocurrency can have at this point but may be in the nearest future we may see legalization in some other countries.
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May 01, 2018, 01:21:38 PM
 #326

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Bitcoin is legal, bitcoin is just a money, the qiestion is why some government banning bitcoin in their country. It is like trashing a thing that will lead to success and helps for a better future. In fact, in my country bitcoin is legal and the our government doesnt have a plan on banning it in our country.

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May 02, 2018, 10:05:13 AM
 #327

It would be better if the the whole countries  allows legally the bitcoin for more easier transaction of money from different  countries . Legalization of bitcoin would be one  of the steping stone of countries progress .
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May 02, 2018, 10:15:58 AM
 #328

There are countries that are embracing bitcoin and it is legal to transact with it.
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May 02, 2018, 10:28:42 AM
 #329

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

My opinoin that no need legalization because this not change our situation. Many country support Bitcoin now.
In any case they can't ban BTC.
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May 02, 2018, 12:12:25 PM
 #330

Many countries are indeed already legalized Bitcoin
Definitely, this is very good for the cryptocurrency market
But while countries such as the US, Russia, and central Europe do not legalize the cryptocurrency, nothing global will happen.
A separate question whether the cryptocurrency will be taxed or not
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May 03, 2018, 08:41:15 PM
 #331

legalization of bitcoin is coming but its very soon from now cause there's a country dont want to accept bitcoin because they think bitcoin is scam
Legalization of bitcoin is legal in the other country but not in all country . Government should take actions in legalizing bitcoin because it is helpful in our society .
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May 03, 2018, 08:43:31 PM
 #332

Sooner or later it will happen. Countries that are too slow to do this can be discouraged in development. Only time is needed.
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May 03, 2018, 08:44:49 PM
 #333

Surely there will be a regualation on the crypto market, with some countries allowing the negotiation of bitcoin but with some norms, but also others less liberal and centralizing forbidden it definitively.
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May 03, 2018, 09:18:40 PM
 #334

legalization of bitcoin is coming but its very soon from now cause there's a country dont want to accept bitcoin because they think bitcoin is scam
Legalization of bitcoin is legal in the other country but not in all country . Government should take actions in legalizing bitcoin because it is helpful in our society .

all countries have their own interest in legalizing bitcoin, because the considerations of each country must be different. it is not easy to legalize bitcoin because it will be considered a profit and loss so as not to disrupt the financial stability and banking of the country.
development can not be dammed bitcoin in time should also be accepted
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May 03, 2018, 09:35:43 PM
 #335

legalization of bitcoin is coming but its very soon from now cause there's a country dont want to accept bitcoin because they think bitcoin is scam
Legalization of bitcoin is legal in the other country but not in all country . Government should take actions in legalizing bitcoin because it is helpful in our society .

all countries have their own interest in legalizing bitcoin, because the considerations of each country must be different. it is not easy to legalize bitcoin because it will be considered a profit and loss so as not to disrupt the financial stability and banking of the country.
development can not be dammed bitcoin in time should also be accepted
The process of legalizing bitcoin will be very long, confusing, painful for many bitcoin owners. Do not just legitimize what is decentralized.
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May 03, 2018, 09:42:08 PM
 #336

In my country bitcoin is legal to use but in my observation it is not very popular.There is some store accepting bitcoin as mode of payment.I think only 20% in the population that use bitcoin.There is some knows bitcoin but they not try to used it.I hope bitcoin become popular and almost all people use it.Because it has many benefits that we can get and it gives a good profit.
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May 03, 2018, 09:50:04 PM
 #337

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Bitcoin is legal until now in some countries, but if the government feel any threat from a single thing like bitcoin, the government will make a law that can possibly illegalized the bitcoin on tgeir country. Why? They ban it because they think that it can make many problems and can make a chaos.

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May 03, 2018, 09:54:48 PM
 #338

Although Bitcoin does not require the legalization of any government of any country, what bitcoin takes is the acceptance of a state government to be able to be used by the community, even without the receipt of bitcoin will remain in use by everyone in the world as long as the internet can still be accessed by all investors and the potential investors.
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May 03, 2018, 10:07:48 PM
 #339

Bitcoin being legalize is just a matter of time, there is first mass adoptions,and users in almost 132 countries worldwide, you can practically buy things with bitcoin either online or physically
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May 04, 2018, 04:34:19 AM
 #340

Right. The legalization of Bitcoin is clearly a matter of time. Currently, in my country, Bitcoin can only be viewed as a kind of asset rather than a currency to trade. The government is perfecting the legal framework for legalizing Bitcoin. I think that in just 3 years, my country will officially accept Bitcoin as an electronic currency to carry out commercial transactions.
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May 04, 2018, 04:53:47 AM
 #341

True not all countrys have made bitcoin legalize,but here in philippines yes it is legal and many now are using this also bitcoin in some establishments,and bsp also supported bitcoin,.
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May 04, 2018, 04:59:16 AM
 #342

Yes there are a number of countries which have legalized the Bitcoin transactions such as japan Estonia and Sweden, some countries however still consider BTC a threat to their economies which s unfortunate, some the legislation battles is on, so they are yet to decide whether to legalize it or not
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May 04, 2018, 05:23:36 AM
 #343

Yes!
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May 04, 2018, 05:28:13 AM
 #344

There are two forms of legalization .
1. For country
2. For whole world.
Some countries are banning the operations  of bitcoin. So i think it is hard to legalized bitcoin worldwide.
We need to promote bitcoin and itself to encourage some countries for involving btc. Or to use it system by every individuality.
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May 04, 2018, 05:35:05 AM
 #345

While humanity looking for the leaders to lead them nd the nation. While there are problems that arises that needs to control. While the world if full of desperate people. Leaders are born to lead others. In relation to bitcoin or crypto it can be legalized in terms of managing well the entire system in one area of the nation. But it could not be a must to every nation. Choice is always to the leaders and even the decision to make for better purposes to the nation and self.
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May 04, 2018, 05:40:51 AM
 #346

Bitcoin can't be legalized that easily .. It can cause an economic problem for many countries
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May 04, 2018, 05:52:25 AM
 #347

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
In my opinion, bitcoin and crypto will be subject to legalization in the near future. If I'm not mistaken, Japan is the first country to accept and ensure that bitcoin is a legal asset in commercial bidding. Tax laws can be adjusted and updated to be more appropriate.
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May 04, 2018, 11:07:52 AM
 #348

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Bitcoins aren't illegal to use per say, but bitcoins are frowned upon by most countries by how people use it to launder large amounts of money without getting traced. Governments find this problem troubling because it literally sucks out their money and use it to pump other country's economy.

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May 04, 2018, 01:17:13 PM
 #349

Legalization if bitcoin can only be possible if most government would accept it and stop seeing it has scam.

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May 04, 2018, 02:37:47 PM
 #350

The legal status of bitcoin varies substantially from country to country and is still undefined or changing in many of them. 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. Likewise, various government agencies, departments, and courts have classified bitcoins differently. While this article provides the legal status of bitcoin, regulations and bans that apply to this cryptocurrency likely extend to similar systems as well.
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May 04, 2018, 02:57:37 PM
 #351

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Bitcoin legalization is accepted now in some countries because they see bitcoin as the future of new monetary payment system and they witnessed how bitcoin change the life of users. That's why I hope other countries will also see the brighter side of bitcoin and the right time will come that legalization of bitcoin is unstoppable because it is being popular all over the world.


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May 04, 2018, 02:59:12 PM
 #352

You can't legitimize something that was not restricted previously. Bitcoin isn't unlawful so how would you like to sanction it, it is as of now acknowledged subsequently lawful. Most nations have not an unmistakable position about cryptos but rather a large portion of them (or all) don't boycott bitcoin regardless. They readily acknowledge charges identified with your bitcoin action
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May 04, 2018, 06:07:11 PM
 #353

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Bitcoin legalization is accepted now in some countries because they see bitcoin as the future of new monetary payment system and they witnessed how bitcoin change the life of users. That's why I hope other countries will also see the brighter side of bitcoin and the right time will come that legalization of bitcoin is unstoppable because it is being popular all over the world.
I hope that other countries which they legalized bitcoin look about this subject one other time and follow countries that accept bitcoin, I think sooner or later they understand how bitcoin is too important in our financial lives. I think bitcoin can kill banks a bit, but we are in a new century of technology, Always people need new things that facilitate our lives.
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May 04, 2018, 06:42:47 PM
 #354

yes as far as I'm concern, by it's nature, bitcoin is legal. However, certain organizations like banks or government may ban it if they feel it'll do bad than good. But that doesn't mean that it is illegal and  I guess it is another topic b ause for sure once it is legalize the  taxes or Vat comes along with it which is a reay big burden to use for sure because aside from the fees we put in blockchain then here comes the government collecting and eliminating some coins as to taxes.
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May 04, 2018, 06:52:33 PM
 #355

Despite the techological breakthrough that may and will happen in the future, we will still have some people who'd be using fiat.
Technological advancements will lead to a great future ahead of us, maybe a couple of decades from now and i guess using of fiat will be just a secondary options as a method of payment since technology can do it now. Bitcoin will be the primary and main reason why these things will happen in the future and that is why the prohibition of bitcoin is still a debate topic since we do have different governance who handles us. If ever bitcoin will be legalized and accepted by the government, banks would be useless at all and cryptocurrency, blockchain and other platform will take its place for monetary system.

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May 04, 2018, 06:55:42 PM
 #356

If you think about it, what country would WANT to legalize Bitcoin. Not that it is technically 'illegal,' but this would be a major loss for countries if they hop on board. The main source of power they have over their people is the money they tax, and Bitcoin isn't appealing when it comes to 'tax.' I doubt countries would 'legalize' Bitcoin without some type of catch. They'd probably legalize platforms like Coinbase since they're already working with nations' governments.
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May 04, 2018, 07:00:44 PM
 #357

I am sure they would make it difficult to use in certain places though.While there will be much scepticism of these comments among Bitcoin enthusiasts, for the time being the Bitcoin in Pakistan situation indicates that the authorities are beginning to clamp down on this embryonic currency.
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May 04, 2018, 07:11:43 PM
 #358

In Ukraine and its surrounding territories it is forbidden to use bitcoin and all kinds of Internet earnings that interact with the crypto currency. But, in my opinion, this is only because Ukraine, like the state, has everything very bad in the economy. If countries are striving for economic development and stability, then undoubtedly they must support bitcoin.
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May 04, 2018, 08:00:43 PM
 #359

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Different nations have different point of views with their economies. Some economies are too fragile that the cryptomarket might be a good call for it. But then the crypto market only need legalization to make things formal. This industry needs some appreciation and respect. Respect that the government shouldn't try to influence this great innovation. Hopefully, my country will still allow us to freely use cryptocurrencies.



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May 04, 2018, 08:03:14 PM
 #360

In some countries, bitcoin is a common currency,though called cryptocurrencies. But also in many countries they are not yet legalized. And when they are free to sell, depends directly on the cryptocurrency.
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May 04, 2018, 08:04:52 PM
 #361

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
I think that by the end of 2018, most of the countries will adopt laws that will regulate the cryptocurrency sphere. And of course the countries will introduce taxation.

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May 04, 2018, 09:12:10 PM
 #362

legalization of bitcoin is happen in different. Many people are investing their own money in bitcoin to get very huge profit from the bitcoin.In japan also ,many mining farm is started to get more bitcoin as a profit from mining.
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May 04, 2018, 09:40:51 PM
 #363

Legalization bitcoin many countries are afraid of the fact that - Even those who did not believe in crypto currency will rush to buy bitcoins, withdrawing cash from banks. But behind the crypt the future and soon it will be legalized
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May 04, 2018, 09:47:49 PM
 #364

Of course, there are already countries that have started to accept bitcoin and develop eg in their country. For example, Japan. It is an advanced state that is not afraid of technology. Others are just so slow, I think.

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May 04, 2018, 09:55:46 PM
 #365

I think that the problems of legalization are primarily related to the problems of bitcoin control in the country. As we know, bitcoin technology excludes any control by the state, but the government does not like it. Therefore, the issue of legalization was delayed.

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May 04, 2018, 10:18:10 PM
 #366

Some other countries they are now legalized the bitcoin they can use the bitcoin in terms of payments bill,purchase their food and etc., legalization of bitcoin in such country which is good it could help the economy of the country to be boost and create more jobs for the people.

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May 04, 2018, 10:24:43 PM
 #367

Sooner or later, governments will have to accept bitcoin, because this technology is needed by people, it is necessary for our economy. Technologies and the changes they bring cannot be feared. They won't do any harm, I'm sure.
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May 04, 2018, 11:19:21 PM
 #368

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Is this possible? What is your basis that it has been approved by the central bank where in fact bitcoin is decentralized? This defies the rule and is truly ironic. Do you have basis for this?

I don't know about other countries but here in the Philippines is legal to use Bitcoin since it has been approve by our Central bank.
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May 04, 2018, 11:22:05 PM
 #369

Most countries are beginning to adopt it, Japan has received bitcoin as a legitimate payment option. Even in the Philippines too. In India, the government plans to legalize it in the process. They also have plans to include it in the goods and services section In the near future which makes it awesome.
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May 04, 2018, 11:38:19 PM
 #370

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?


do not worry mate if the official's of every nation realized how much give help bitcoin or virtual currency for the growth of their economy and how much help to their people's bitcoin giving opportunity to the people interested to work in the crypto currency specially the unemployed have an ability to improve their skills in the new technology. surely in the right time bitcoin become legeligalized worldwide.

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May 05, 2018, 12:08:14 AM
 #371

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Maybe the next 10 years bitcoin will be legalized.. If for now, I think to legalize bitcoin is not easy, let alone the knowledge of the community is very minimal for this.. Not just knowledge, the name "bitcoin" still sound foreign to them..
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May 05, 2018, 12:57:23 AM
 #372

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I think its still need time to regulating bitcoin or cryptocurrency. I am believe banks lobby will push government to not regulate bitcoin or crypto because their bussiness will affected. But if we trade and make profits from bitcoin trade, i do believe many government will issuing regulation so government can collecting taxes from our profits
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May 05, 2018, 12:59:17 AM
 #373

I heard a rumor circulating here in my country that bitcoin use will be legal now which is a good news for me. Some countries are just not open minded of the possibilities if they legalize bitcoin and other countries are scared of what bitcoin can do if they legalize it.
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May 05, 2018, 01:15:57 AM
 #374

I can't wait until Bitcoin become legal all over the world. i hope all countries that are not believing in bitcoin accept the fact that it is a modern payment system and also look in the positive sides of bitcoin only the drawbacks. If that happens I think economic growth in our world and in every country will be rise up.g

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May 05, 2018, 01:20:59 AM
 #375

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I don't know about other countries but here in the Philippines is legal to use Bitcoin since it has been approve by our Central bank.

When it happen? I think bitcoin in philippines are only adopt, there still scammers playing around so it been long proccess to be legalize.
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May 05, 2018, 01:33:58 AM
 #376

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
there are some countries that have legalized bitcoin and I'm sure bitcoin will be legalized by all countries because bitcoin will evolve along with technological developments and the times when my country bitcoin is still accessible but the government still prohibits transactions using bitcoin directly, bitcoin will be legalized all over my country is sure of it

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May 05, 2018, 01:35:33 AM
 #377

japanese and philippines that have legalized bitcoin, the possibility of other developed
countries will be in the next year, larena virtual currency will gradually be accepted by
all countries, because technological advances will not be unstoppable in the future.

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May 05, 2018, 02:57:18 AM
 #378

Bitcoin is now legalized by some countries that have accepted the presence and accepted bitcoin as real money, some of the restaurants have also accepted the transaction bitcoin.
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May 05, 2018, 03:26:32 AM
 #379

Until the year 2018 as far as I know Japan and South Korea have legalized bitcoin. Definitely a lot of consideration to legalize bitcoin in a country. It would be difficult to legalize bitcoin in all countries because some countries have banned and consider bitcoin is illegal. So, I think it seems like it will take a long time to legalize bitcoin in all countries.

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May 05, 2018, 03:30:46 AM
 #380

Bitcoin is still not universally available to legitimize it is still a problem. Many countries and people still do not understand how to make money and earn income from Bitcoin, and the time and interest earned by Bitcoin will show them whether to legitimize it or not.
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May 05, 2018, 03:32:48 AM
 #381

legalization of bitcoin in other country i think it bit difficult because there are any country that still thingking abou it in the future
i think bitocoin are legal but not in any paper write about it, because it still like trading agreement
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May 05, 2018, 08:39:15 AM
 #382

Now accepted some countries Bitcoin as a legal. on the other hand so many countries are thinking about legalization bitcoin. because they are see bitcoin will be new monetary payment system in the future and it is easy to use and simple.and many countries banned bitcoin they don't know advantage about bitcoin. now bitcoin popular all over the world and they will understand about bitcoin and will be legal in the future.

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May 05, 2018, 08:43:31 AM
 #383

The priciple of bitcoin which is decentralization is the reason many world developed economy is against bitcoin. The government wants to control bitcoin so that they can get taxes but bitcoin can not be controlled because it is decentralized digital money backed by blockchain technology.
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May 05, 2018, 08:48:16 AM
 #384

We need to agree that for now discussion makes no sense. It's not gonna happen tomorrow. News like Richard Branson's words about "growing problem of fake stories online linking me to get-rich-quick schemes, fake pages, misleading ads, false endorsements and fake binary trading schemes" just make legalization of bitcoin more far.
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May 05, 2018, 08:51:05 AM
 #385

there are already some countries that legalize bitcoin, such as japan and germany although there are still many countries that can not legalize bitcoin, because it is still constrained by facilities and infrastructure that is still inadequate, there are also not yet legalized because it considers bitcoin is a fraud.

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May 05, 2018, 09:02:11 AM
 #386

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
There are some country legalized bitcoin, countries just like US and canada. But some country banned it also because some oblivious person use bitcoin in illegal way and it cause money laundering. I hope that someday bitcoin will be legalized all over the world.
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May 05, 2018, 09:05:40 AM
 #387

There are already some countries that legalize bitcoin like Singapore and Japan. If that is when to legalize bitcoin in all countries, the answer is I do not know. I think it is something that will be hard to do. Regarding the legality of revenue earned from bitcoin then how to track ownership of a bitcoin transaction?
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May 05, 2018, 09:14:19 AM
 #388

There are several countries all over the world now legally accepted bitcoin as mode of any transaction may it be payment of purchasing but to some there still who haven't acknowledge it yet,  they are against it but as for those general legalization all over the world...it will take time and there are some process to make and things to consider with.

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May 05, 2018, 09:17:51 AM
 #389

It is here that the greatest number of users of cryptocurrencies is located and this is not surprising. Bitcoins are so entered into the life of ordinary Americans that almost all startups associated with innovative technologies are immediately attached to the blockchain. In addition, throughout America you can find a large number of Bitcoin ATMs.

The fact that the use of cryptocurrency in the US is legal, I think it is already clear. There are even a few institutions at the state level that ensure that virtual money is used only for legitimate purposes.

Yes, indeed Japan is one step ahead, and it is actively legalizing cryptocurrencies. If we talk about the United States of America, the fact that bitcoin has become one of the official financial instruments used in the US economy, the currency it is not considered. The law classifies bitcoin as property from which taxes are taken.

Without the help of the United States, the country legalized or just going to legalize bitcoin, can not do. No one has such experience in working with digital currency and therefore they are always ready to provide information and advice on creating a regulatory framework, as well as determining the legal status of bitcoin
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May 05, 2018, 09:18:03 AM
 #390

The legal status of Bitcoin and the digital currency is still a hot debate to date, but significant progress is evident in some countries. There are some countries that have legalized bitcoin and become a legitimate currency
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May 05, 2018, 09:35:07 AM
 #391

I think some big and growing countries seem to already have the legality of bitcoin like america and japan seems to have legalized bitcoin.
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May 05, 2018, 10:04:58 AM
 #392

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I think bitcoin is legal now because so many country use bitcoin also here in philippines. maybe you ask this because some people use the name bitcoin to scam. My advice is dont trust easily to a person that may involve money

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May 05, 2018, 10:08:13 AM
 #393

In my small country, Bitcoin has not been legalized because it is relatively large compared to other smaller currencies, in that my country has an underdeveloped economy and can not afford to participate. Build a platform for Bitcoin to grow well in the country.
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May 05, 2018, 10:09:41 AM
 #394

I think many countries from the world did approach Bitcoin and adopted this technology but in our India, we do not get such consequences till now. I wish to see and use all cryptocurrencies in India very soon but although we are currently trading cryptocurrencies in minor amounts and maybe soon the government will allow us to officially trade it with the banks.

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May 05, 2018, 10:35:42 AM
 #395

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
The legalization of the bitcoin all over the world is important. People will become more interested to the bitcoin if their government accept and legalize bitcoin in their country. The government should create regulations about cryptocurrencies for them to protect their citizens from hackers and scammers.
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May 05, 2018, 10:38:09 AM
 #396

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
Btc does not require the legalization of any government of any nation what Btc takes is the acknowledgment of a state government to have the capacity to be utilized by the group, even without the receipt of Btc will stay being used by everybody on the planet as long as the web can in any case be gotten to however official acknowledgment of a government will reinforce Btc as a computerized currency deserving of utilization by everybody.
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May 05, 2018, 10:56:54 AM
 #397

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Will,the legalization  of bitcoin is depends on the law of every country that who like to much in the way of digital currency,thats why this could not implemented globaly,because of the different opinion and vision of every nation,but even its hard to implemented totally the legalization of bitcoin,there are some other countries  that legalizing the bitcoin as part of there progressing economy,like the country of japan and russia and some part of european countries.

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May 05, 2018, 11:54:44 AM
 #398

Legalization of bitcoin is just time question because everything changes and someday govenments will understand that crypto is new type of money that people like more than cash.

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May 05, 2018, 12:05:12 PM
 #399

for me I think it is already clear.The concept of legalization is purely depends on every country and every person using it. In every country, bitcoin is something that needs to be accepted or not.I think Bitcoin will soon be legalized.
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May 05, 2018, 12:40:45 PM
 #400

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Actually Bitcoin doesn’t need legalization from the government, as long as they don’t prohibit or ban their people from using it for transactions. There are certain countries that already sees Bitcoin a currency and can be used as a mode of payment. Japan is one example of a country that legalized Bitcoin, more countries to step ahead as well.

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May 05, 2018, 12:45:01 PM
 #401

And why do you need it? Now everywhere you can earn on bitcoin and cryptocurrencies, the state can not prevent it.
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May 05, 2018, 12:58:20 PM
 #402

I know that Japan have  legalized bitcoin, maybe they think btc is from their county.
many other counties not ban btc although they not legalized bitcoin.
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May 05, 2018, 01:04:35 PM
 #403

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?


hallo,

on the basis that Bitcoin is already LEGAL, because when Bitcoin exchanges with Altcoins or its kind, the Bitcoin owner has agreed with Exchange's order and how it will impact the transaction.

why now there is an attempt to legalize Bitcoin?
because there are certain parties who are afraid of this Bitcoin transaction.

Thanks.

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May 05, 2018, 01:13:44 PM
 #404

for me I think it is already clear.The concept of legalization is purely depends on every country and every person using it. In every country, bitcoin is something that needs to be accepted or not.I think Bitcoin will soon be legalized.

Yes it will be per country since we have different kind of governments. With different officials that will handle this kind of job and where it should really go.

There is just one problem with this kind of legalization or whatever happened inside the discussion of government officials. Some rule is already done without the knowledge of the public.
I found one in my own country and it seems like no one talks about it. Why? They are too silent about it and only those merchants who uses bitcoin or other coins are the ones who are provided with the rule. This should be in public even though bitcoin is not yet that popular.
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May 05, 2018, 04:18:53 PM
 #405

Bitcoin is already a legal, there are countries that Bitcoin is legalize, example in Russia, In Russia they legalize bitcoin already. Also in my country, here in Philippines Bitcoin is legalize. Over the past two years, leading Bitcoin exchanges and service providers such as Coins.ph and Rebit.ph have maintained efficient and close relationships with BSP to ensure their operations are compliant with local regulations.

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May 05, 2018, 04:33:42 PM
 #406

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I hope that the governments will actually appreciate and give the cryptocurrency industry a chance to prove its worth in the economy. People worldwide should be allowed to use the cryptocurrency freely without any political interference. I wish they let the block chain technology to rise on its own and change the shape our society towards the technological progress we all dream.
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May 05, 2018, 06:26:43 PM
 #407

Simple virtual money can be called cyber currency premises. It is said to be a cyber currency because virtual money is circulating in cyber space. The concept of a virtual wallet (wallet) is also known, which is a virtual wallet held by the holder / owner of virtual money. But the basic question arises about the legitimacy of this virtual money, is it legal or illegal to use? The answer to this area is still gray. Why is that? Because there are some countries that prohibit, some countries allow, and there are also some permissive countries (not prohibited and not allowed).
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May 05, 2018, 06:34:36 PM
 #408

As of now theres still a lot of country which does not accept bitcoin into their system.
As we all know, most government is only interested in which they could have gain benefits and shares from it.
But theres also some country which just only awaring its people about the risk and possible losses in investing bitcoin,
and still let them make a choice on what to do without prohibiting the use of bitcoin in daily transactions.

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May 05, 2018, 07:17:11 PM
 #409

As of now, Japan is planning to legalize bitcoin and I heard Venezuela is also planning to legalize bitcoin. The companies in Philippines are also acknowledging bitcoin as a new way of transaction. This is just some of the news that I have heard and eventhough it is just a few I think we can also say that this is bitcoin's humble beginnings towards it tremendous success in the nearfuture.



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May 05, 2018, 07:22:35 PM
 #410

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
I think there is a country that legalize bitcoin as the currency that prevails in its country, for globally I think no one can know for sure, in my country the government still allows to access bitcoin but the government still prohibit transaction directly using bitcoin because the government has not legalize bitcoin as the applicable currency
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May 05, 2018, 08:07:27 PM
 #411

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I want the government to see how special bitcoin is and how the whole cryptocurrency market has a great potential in the world. It is because it made transactions more user friendly by providing anonymity and faster transactions. Lesser fees are also a bonus thanks to the decentralized system of bitcoin. This block chain technology hopefully be legalized in the whole world.
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May 05, 2018, 08:50:35 PM
 #412

There are so many countries that have legalized bitcoin ,while other busy fighting for strict regulations but I believed with time the government will appreciate bitcoin.
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May 05, 2018, 09:06:28 PM
 #413

There are so many countries that have legalized bitcoin ,while other busy fighting for strict regulations but I believed with time the government will appreciate bitcoin.

We all are waiting to see it happening, there are a lot of countries that have already legalized bitcoin at 100%, well, at least, they let people buy/sell without any taxations over it.

Hello
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May 05, 2018, 09:19:54 PM
 #414

I wonder why they never banned all the fiat currencies considering cash is being used since the inception for money laundering, corruption, drug payments, terrorism and so on. Now they see a problem in the crypto, just now.
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May 05, 2018, 09:41:35 PM
 #415

The issue of legalizing bitcoin and other crypto-currencies has been steadily rising in many countries over the past decade. To date, the same bitcoin has already been officially recognized in Japan, Canada, Britain, Germany and a number of other states.
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May 05, 2018, 09:51:38 PM
 #416

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I don't know about other countries but here in the Philippines is legal to use Bitcoin since it has been approve by our Central bank.
Bitcoin is legal here in uae even in Philippines if there are some country that bitcoin is banned maybe they want to protect there people or they are not yet ready for crypto currency.
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May 05, 2018, 09:56:15 PM
 #417

The United States of America has identified the bitcoins as a company that provides financial services. Due to this, the company must submit reports, keep records and be registered, as stated in the series of laws. At the same time, despite the fact that bitcoin has become one of the official financial instruments used in the US economy, it is not considered a currency. The law classifies bitcoin as property from which taxes are levied.
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May 05, 2018, 11:20:33 PM
 #418

There are so many countries that have legalized bitcoin ,while other busy fighting for strict regulations but I believed with time the government will appreciate bitcoin.

We all are waiting to see it happening, there are a lot of countries that have already legalized bitcoin at 100%, well, at least, they let people buy/sell without any taxations over it.


Yes,  we are all waiting for that, the legalization of bitcoin in the world,  although it it s difficult to happen but i am still hoping that it will be legalize as soon as possible.

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May 06, 2018, 12:02:52 AM
 #419

Hello. Bro, i hope bitcoin will be legalized, because it worth. Imagine that all around the world know about bitcoin!
yes we are also hopping so that very soon, bitcoin will become as legal currency, because the popularity of bitcoin is increase, which is increasing the interest of the people, people now even giving preference to use bitcoin for shopping and other purposes instead of fiat. therefore we can expect that countries will very soon make bitcoin as legal currency.
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May 06, 2018, 01:59:11 AM
 #420

Some countries already tax bitcoin incomes like stock incomes so basically that would be legal in their government's eyes. Some countries just leave it alone like in ours, for now anyway. But i think there are some countries who outright banned them.
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May 06, 2018, 02:37:20 AM
 #421

By Legalizing Bitcoin each countries have their own interest.each country have own consideration.Legalizing Bitcoin  is not easy.because it will be considered a profit and loss so as not to disrupt the financial stability and banking of the country.Its good to see when bitcoin is legalize by all country
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May 06, 2018, 03:03:34 AM
 #422

Bitcoins are created to serve people. It is known as a fast, efficient and cost-effective way to pay. Many countries legalized bitcoin but many still have doubts about it's ability. It is difficult to legalize bitcoins worldwide as some countries have banned bitcoins.

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May 06, 2018, 03:33:37 AM
 #423

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
It is not deemed legal or illegal in our country but i think that our government through the initiative of our central bank, talks of regulating it are on the way. Acceptance of bitcoin and cryptocurrency in our country is growing and i think that it has a bright future in our country.
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May 06, 2018, 04:29:50 AM
 #424

Japan, South Korea and the United States have all recognized BTC status, and more and more governments recognize BTC, so BTC will eventually be legalized.

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May 06, 2018, 04:53:15 AM
 #425

Bitcoin is lawfully utilized as a part of some different nations, we can see there were some that acknowledged by extraordinary organizations and with impact with general society however as far as sanctioning the wage that we got from bitcoin I get it is another point b ause without a doubt once it is authorize the duties or Vat joins it which is a reay enormous weight to use without a doubt since beside the expenses we put in blockchain then here comes the administration gathering and dispensing with a few coins as to charges. So I trust if this will.be along these lines, I trust better not sanction it.
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May 06, 2018, 05:07:42 AM
 #426

Bitcoin is created and every day it must struggle to survive and become a currency. Bitcoin has existed for 10 years, it's price is over $ 9000. bitcoin has many benefits. Many governments have seen that, bitcoin is legal in their country but still a lot of countries have doubts about bitcoin. In those countries, bitcoin is banned. I think it is difficult to legalize bitcoins around the world.

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May 06, 2018, 06:42:30 AM
 #427

Yes they need to legalize this bitcoin because. Everyone can use this to make fast transaction are ever made by humanity. I hope some countries will approve the legalization on this bitcoin because someday in future. It could be the way how people connect as one.

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May 06, 2018, 06:44:56 AM
 #428

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
There are more people who will become interested to what is bitcoin if bitcoin accepted and legalized by all governments. Bitcoin can hook more investors if all of the people are freely to use and to buy bitcoins.
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May 06, 2018, 08:11:04 AM
 #429

some countries do not legalize bitcoin for various reasons.
I do not really know when bitcoin will be legalized.

maybe japan is one of the countries that have legalized bitcoin.
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May 06, 2018, 12:41:57 PM
 #430

For many years I have not heard anything bad about BTC, it is beneficial for a country that can solve the problem of economy, unemployment and corruption, so that countries accept as currency, but the government does not rush to make its own currency
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May 06, 2018, 12:45:55 PM
 #431

for me The fact that the use of crypto currency in the US is legal, I think it is already clear.And some are illegal bitcoin for fear of disrupting their economy. Every government thinks differently.There are already many countries that accept bitcoin. There are also some that do not because they cannot collect tax from it and afraid of bitcoin.
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May 06, 2018, 12:49:53 PM
 #432

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
I think the when a country does not prohibit its people in possessing some bitcoin and doing some bitcoin activities such as mining and etc means that it is completely OK to use bitcoin. Oh my own opinion a country do not need to tell if something is legal and someone must just try to find out if something is illegal or not, if it is not illegal. Then it is legal.
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May 06, 2018, 12:51:36 PM
 #433

If forex trading is legal I don't see why bitcoin shouldn't be because they function synonymously.
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May 06, 2018, 12:53:09 PM
 #434

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
In my country, the users are freely to use bitcoins because our governement legalized bitcoin. There are many people in my society who are now becoming interested tto what is bitcoin because they know that they using bitcoin is legal.

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May 06, 2018, 12:55:14 PM
 #435

I think about the legalization of bitcoin is something to happen in the near future.
Because some countries are gradually accepting bitcoin. And i am hoping that someday bitcoin will be legalized worldwide.
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May 06, 2018, 01:05:35 PM
 #436

I am from India and bitcoin is banned in my country but I have heard that Europe is accepting bitcoin widely and even they are accepting bitcoin payments for universities and schools. I think It will take a lot of time to actually make bitcoin and other altcoins to be legalized in many countries.

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May 06, 2018, 01:09:58 PM
 #437

In my country bitcoin is illegal for transaction and that regulation still exist till now. From news that i read there are some countries legalize bitcoin like uzbeskhistan & germany. I hope other country approve bitcoin

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May 06, 2018, 02:20:59 PM
 #438

There are a lot of countries that have acknowledged and accepted bitcoin as a part of business industry. There are banks in some countries that are already linked with cryptocurrency, allowing their people to freely use bitcoin in transactions.

When it comes to the legalization of bitcoin, worldwide, it is still a vague subject and requires a thorough discussion. One of the possible reasons for a country to make a law in order to prohibit the use of Bitcoin and other cryptocurrency is that transactions made by the use of Bitcoin and other cryptocurrency can’t be traced by the government. Consequently this transactions can’t be taxed by the government, leaving a big impact unto the income of government. Also, the government view Bitcoin and other cryptocurrency as threats to the their local currency. If the number of people who are using flat or physical money that are legalize by the government are being lessen then it wasn’t being use to it’s utmost purpose.
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May 06, 2018, 02:45:07 PM
 #439

The issue of legalizing bitcoin and other crypto-currencies has been steadily rising in many countries over the past decade.  To date, the same bitcoin has already been officially recognized in Japan, Canada, Britain, Germany and a number of other states.  In Russia, this issue is very difficult, but nevertheless, the government understands that it is impossible to prohibit decentralized digital systems, which means that it is worthwhile to send activity to the sphere of legalization and legislative regulation of crypto-currencies.
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May 06, 2018, 02:53:52 PM
 #440


The legal status for bitcoin in an international country is very important. Its existence can freely circulate like cash in general.
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May 06, 2018, 03:12:20 PM
 #441

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

Indeed this question is the question that needs to be answered because people are going crazy about it for seeing bitcoin as fraud or scam. But here in the Philippines, it is legal.
charlzyeby
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May 06, 2018, 03:26:03 PM
 #442

I don't think bitcoin will become the main currency of any one particular country. But in bitcoin is continuosly being accepted by some countries as a means of exchange for goods and services. In most countries there is no stance as to whether or not bitcoin is legal. I think in a few years when individual companies start accepting bitcoin as a means of payment, governments will start looking at how to legalise bitcoin for a win-win results.
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May 06, 2018, 03:30:53 PM
 #443

Legalization of Bitcoin is depend on the use of Bitcoin in the future. The more multinational large companies accept the Bitcoin the more it will be legalize. When the large companies accept the BTC then the respective country will also legalize it. Because most of the country nor call it illegal or legal. Besides this, I think many country prepared their policy regarding BTC and India is one of them. So, we expect many country will legalized within December 2018.
Liona88
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May 06, 2018, 03:34:38 PM
 #444

Legalizing of bitcoins is necessary. People will attract more to buy bitcoins if their government will legalize it. In my country, the people are free to use bitcoin because government accepted and legalize the bitcoin,
Sand King
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May 06, 2018, 03:38:18 PM
 #445

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

The central bank of my country has approved to bitcoins legality. And I'm so relieved to hear this new because i can use bitcoin freely and as much as i want because my government supports how it works. Last year i heard that there are seminars about bitcoin also here in my country which is the Philippines.

Flame Dragon King
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May 06, 2018, 03:48:38 PM
 #446

I think bitcoin is already legal. There is no scam in transaction in any ways. You cant say its illegal no rules bitcoin is disobey.

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lisasteca
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May 06, 2018, 03:53:23 PM
 #447

The BTC does not need to be legalized because in many countries it is not prohibited. The btc would need rules to protect users from fraud, money laundering and wallet violations. This is not legalization but legality.
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May 06, 2018, 03:57:19 PM
 #448

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

I haven't heard of any thing that makes bitcoin illegal here in my country.  I heard some news that there are some seminars that being held here in the Philippines that talks about bitcoin.  I'm glad this is happening because there are countries where bitcoin is illegal and banned to be used by their people but my country is open to bitcoin and i think this is a blessing
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May 06, 2018, 04:18:20 PM
 #449

Legalization if bitcoin can only be possible if most government would accept it and stop seeing it has scam.
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May 06, 2018, 04:26:36 PM
 #450

Bitcoin already legal on some country. Some country ongoing revolution and some of are did ban. It's not much effect on Bitcoin. I believe every country should accept Bitcoin. Even some country ban Bitcoin but still there using Bitcoin by people. Bitcoin future is bright so it's better to accept now before it's going higher.


I pikirvmereka also have a plan to put the goods and services. in the near future, I hope most countries will melegalkannya, as the more popular day. I think Japan has received bitcoin as payment options legitimate. even in the Philippines, too. in India, the government plans to melegalkannya. talks and discussion ongoing for it. I think might take a year to take some decisions about it in India.
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May 06, 2018, 05:02:53 PM
 #451

Although Bitcoin does not require the legalization of any government of any country, what bitcoin takes is the acceptance of a state government to be able to be used by the community, even without the receipt of bitcoin will remain in use by everyone in the world as long as the internet can still be accessed by all investors and the potential investors.
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May 06, 2018, 05:08:11 PM
 #452

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
for now I have never found a country that has legalized bitcoin, but I started to find a lot of transactions using bitcoin in some stores in my country. I hope this is the first step in the legality of bitcoin.
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May 06, 2018, 05:42:04 PM
 #453

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?
for now I have never found a country that has legalized bitcoin, but I started to find a lot of transactions using bitcoin in some stores in my country. I hope this is the first step in the legality of bitcoin.
it is hard to believe, but bitcoin is very helpful to our needs but many countries are also less believe in the existence of bitcoin.

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May 06, 2018, 07:52:45 PM
 #454

I think legalization would be very soon, ,more countires accepting crypto, more influence and demand on it. Japan already legalized bitcoin and reciving many useful stuff from it.

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May 06, 2018, 07:53:36 PM
 #455

when will legalization bitcoin? why this does not happen? are there any countries that have legalized bitcoin?
or already somehow now it is possible to legalize the income received from Bitcoin?

if bitcoin gets legalized all other 23000 cryptocurrencies have also to be legalized

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May 06, 2018, 07:58:55 PM
 #456

is too hard for bitcoin to getting a legalization from the world but bitcoin can still accepted if people are agree to trade with it as an trade agreement
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May 06, 2018, 08:13:45 PM
 #457

I think that the problems of legalization are primarily related to the problems of bitcoin control in the country. As we know, bitcoin technology excludes any control by the state, but the government does not like it. Therefore, the issue of legalization was delayed.
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