How are your governments reacting to Bitcoin?

[shainasaz]

Here in my country the government central bank urge to educate the cryptocurrency although bitcoin not yet legalized but government are open to invest or trade bitcoin and the government officials plan to create a national currency and then educate and campaign nationwide about the uses of cryptocurrency.

[delarossa]

in my country, actually bitcoin has not been legalized, because the risk level is still high. So the government only appeals that if there is a loss after transacting with bitcoin, then it will be the risk of the user himself. Maybe someday the government in my country will find the best solution on bitcoin policy in my country.

[bering]

bitcoin in my country isn't illegal things but only consider as digital asset and which mean i still can use bitcoin regularly through an official exchange but although bitcoin isn't illegal my government always give negative news and force people in my country   to not use bitcoin but development of bitcoin in my country was very good and almost everyday i saw people talking about crypto

[fklfyl]

Germany and Japan have legitimized Bitcoin and are trading normally under the influence of government policies. However, in other countries, the government remains vigilant about digital currencies. The risk of Bitcoin remains high. The government is still studying if it is effective under the guidance of the policy. Bitcoin business. Most countries accept Bitcoin as a matter of time!

[baby222]

In Europe governments are pretty opened about bitcoin. I haven't hear about governments banning bitcoin yet, here in Europe

[czhy20]

In my country btc is not illegal, many people are using it. But although bitcoin isn't illegal my government always give negative news and comments, forcing people in my country  to not use bitcoin or invest on it,but many people are still adopting crypto in there life.

[Saveplus]

Here in my country bitcoin was not legal in fact the central bank study crypto to make it as a payment system but they warned us for being investors that we need to take a risk and it can be loosing of our money when we invest a huge amount which is we all know that in entering crypto for investment due to flactuations of price value.

[Evangeline2]

My government prohibits encryption and encryption. But BTC is global, so there is no need to worry about holding encryption for a long time.

[bolbau]

there is an opposite statement between the president and the ministry of finance in my country. the president of Indonesia some time ago in his speech said that we must always be ready to accept the development of digital currency and participate in it. but the finance ministry keeps pressing and wants to ban the use of digital currency, but fortunately for now they only provide some regulation such as digital currency that should not be used as a means of payment.

[Bessta]

My government thru its central bank strongly believe in the volatility and unpredictability of bitcoin that is why it issued an advisory and alarmed the citizens to very careful in investing on bitcoin.

[fattyforhire]

In my country, a similar situation, it has not yet been officially recognized, but is not prohibited. I hope that it will soon be recognized and actively used as a currency.

[george888055]

Governments are usually the quickest to pay attention and react to things that earn people money and especially ones that are not regulated. From epidemics to terrorism, nuclear energy, world war, there have been so many things that the governments were able to control and with blockchain technology, governments are standing with their hands tied

[SeniorRalap]

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?

In the past few months, our country's government has suddenly announced that it will strictly regulate cryptocurrencies such as bitcoin. All of the domestic encrypted currency exchanges were shut down, which was a bad news for investors, and the entire encryption market crashed.

[Amilhussin24]

There is none discussion yet about Cryptocurrency here in the philippines, although a lot of companies are into Cryptocurrency making it useful in legal ways. But hopefully it would be legalized by issuing regulation.

[BlockchainPromoter]

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?

They have not yet pronounced on bitcoin. There are no tax laws if you want to do an activity like trading. We are waiting..

[fipper]

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?

for now the government in my country still legalize bitcoin to be accessed and prohibit bitcoin as a means of transaction directly because bitcoin has not been inaugurated or legalized by the government as a legal and legal currency to conduct sale and purchase transactions in my country

[rampage101]

In my country, the cryptocurrency is being accepted, the government still has doubts. But I hope that everything will be resolved for the better.

[Loveaaronbaby]

Hello there... I am from India, and Bitcoin is still in the grey area here. It is not legal, but it has not been declared illegal either. But the government has explicitly stated that Bitcoin is not recognized as a legal currency here.

The government is still working on deciding a framework for it, but we have absolutely no idea about what its verdict will be. So, people here are trading in Bitcoin for short-term gains. Make hay while the sun shines!

How are your governments reacting to Bitcoin and what's its position in your country?

In my country, the government has not publicly accepted bitcoin, and the government has been strictly monitoring cryptocurrencies such as bitcoin. Domestic cryptocurrency exchanges are all closed, and domestic investors can only trade on exchanges in other countries.

[Udrujec]

My country is on its way to legalizing bitcoin. As far as I know, a law on taxation is currently being drafted. Let's see what happens.

[Liaalif]

My government is very bad reaction to bitcoin, through state government banks trying to keep people from using bitcoin by spreading bits of bitcoin