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Author Topic: Which country will be the first to legalize Bitcoin?  (Read 3927 times)
kenlyresuello08
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September 04, 2018, 04:47:04 PM
 #341

Venezuela last month became the first country to launch its own cryptocurrency when it launched the virtual Petro, backed by crude oil reserves. The Marshall Islands said the SOV will be different because it will be recognized in law as legal tender, effectively backed by the government
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September 04, 2018, 04:54:05 PM
 #342

Bitcoin  already legal in a lot of countries in the world right now. But some countries didn't take it easily.  The fact that businesses can accept them as a form of payment and that any gains have to be reported and then paid tax on (at least in the UK) shows that countries have legalised it. But as long as I know it first USA, , China  and japan russia approved is first

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September 06, 2018, 09:45:02 AM
 #343

its already been, Japan, South Korea. some country allow it but still not yet fully support. many are stay on the fence dont know how to decide yet.
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September 06, 2018, 01:24:34 PM
 #344

its already been, Japan, South Korea. some country allow it but still not yet fully support. many are stay on the fence dont know how to decide yet.

Yes, Bitcoin and some cryptocurrencies as well are legal in several countries. Here is a video containing the list of them: https://www.youtube.com/watch?v=RW1foE16b3I

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September 06, 2018, 03:06:15 PM
 #345

As far as I know many countries will want bitcoin to be legalized likely Japan but the problem is the sharing of income into the government in terms of paying taxes and the cooperation of the organizations to become a legit business.
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September 06, 2018, 03:10:00 PM
 #346

In many countries bitcoin is a legitimate currency.
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September 06, 2018, 04:03:29 PM
 #347

Or others Criptocurrencies I mean..

I'm looking forward to read and hear this news that will happen soon then what we are thinking..and it will change the way of action in economic world by who already are against BTC and stuff.
It has to happen ( even if I don't know how )

I bet in China  Wink
I heard that Germany recently legalized operations with crypto. There are also positive news from Switzerland, Canada, Ukraine and some other countries. China is too much conservative to let its people uncontrollably use bitcoin and othet cryptocurrencies. Same thing can be said about all Asian countries, which is due to their historically grounded socio-economical structure.


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September 07, 2018, 03:06:18 AM
 #348

There is a lot of countries that legalized bitcoin and i think that Japan was the first to fully legalized bitcoin. Bitcoin is a great cryptocurrency and that is why they legalized it and made it as a official currency in their country.
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September 08, 2018, 02:05:46 AM
 #349

I think it must be Japan. In Japan people can use Bitcoin to purchase things and pay for some services but not all and there are a lot of BitcoinATM so it make people can buy Bitcoin very easy when they want to use cash to buy.
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September 08, 2018, 04:13:23 AM
 #350

I think that receiving and legalizing bitcoin transactions and circulation for the first time is from China because the creator only has a name that has a Chinese name.

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September 11, 2018, 07:02:55 AM
 #351

Or others Criptocurrencies I mean..

I'm looking forward to read and hear this news that will happen soon then what we are thinking..and it will change the way of action in economic world by who already are against BTC and stuff.
It has to happen ( even if I don't know how )

I bet in China  Wink
Bitcoin and other cryptocurrencies are already legal in so many cryptocurrencies and they even have ATMs in those countries at various locations. So no need to be talking about you need to hear news lol, it’s already happening in lots of places and I believe it’s already being done in your country cause if not, you wouldn’t be here talking about Bitcoin.

Unless maybe you mean something else… if you can hit the main point. But as long as you’re being allowed to use Bitcoin to make transaction in your country without being disturbed by the government, then its legal.

EPIK



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September 11, 2018, 07:11:24 AM
 #352

The way am looking things now, its should be the asian countries because they are the ones that have more people invested on cryptocurrency and also have the largest farm around the world.

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September 11, 2018, 07:19:35 AM
 #353

Its already using legally in some country. Even if it illegal people will still using it. In my country its legal but people of my country are using it without any fear.Not only bitcoin but all cryptocurrency are using legally
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September 11, 2018, 07:21:37 AM
 #354

Or others Criptocurrencies I mean..

I'm looking forward to read and hear this news that will happen soon then what we are thinking..and it will change the way of action in economic world by who already are against BTC and stuff.
It has to happen ( even if I don't know how )

I bet in China  Wink
I agree with you, maybe the country of China will legalize bitcoin. Because in China news has bought bitcoin, I don't know what they are buying bitcoin for. I hope they use it for good or to help bitcoin develop.
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September 11, 2018, 08:35:29 AM
 #355

A source of extra income thats why many people adapt bitcoin in their country. So far this year bitcoin approve by our government here in philippines the central bank of philippines will now acknowledge bitcoin apart of them by using transaction to pay.
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September 11, 2018, 08:49:36 AM
 #356

Or others Criptocurrencies I mean..

I'm looking forward to read and hear this news that will happen soon then what we are thinking..and it will change the way of action in economic world by who already are against BTC and stuff.
It has to happen ( even if I don't know how )

I bet in China  Wink
yes, of course there are many, and there are also many countries that have the existence of bitcoin. I am sure that someday all countries will legalize it in addition to facilitating ways to transact, BTC also helps from an economic standpoint.
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September 11, 2018, 09:42:25 AM
 #357

Or others Criptocurrencies I mean..

I'm looking forward to read and hear this news that will happen soon then what we are thinking..and it will change the way of action in economic world by who already are against BTC and stuff.
It has to happen ( even if I don't know how )

I bet in China  Wink

Apparently what you predict's wrong. Precisely what China does is the opposite, they have made crypto regulations into a regulation that is no longer conspicuous. As it turns out, Japan has already gone first which legalizes bitcoin. OK OP it's okay what matters, what you've hoped for has been replaced well.

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September 11, 2018, 09:49:01 AM
 #358

I think our country philippines because many users now here are involving with cryptocurrencies and the government here are developing a new regulations for ICO project wich is handle by sec (Securities and Exchange Commission) they help those investors not only handling tokens or coins they want all investors to be part on that project and get some incentive to it. so I think its not first but they will legalize soon the cryptocurrencies here.

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September 11, 2018, 05:03:46 PM
 #359

In Japan, btc has been accpeted as a payment method, that's why Japan is the biggest market of btc now.
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