Bitcoin legal and illegal countries

[BitcoinBrigade]

Bitcoin is pretty scary for governments because it takes control away from them, but it will hurt the countries a lot that choose to reject it.

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[alexsandre]

I think that bitcoin in the near future will be legal in all countries, just some of the residents do not understand the quality of the bits...

[Epimetheus]

Different government have different thinking about bitcoin. Although bitcoin is a decentralised currency but it still need the permission of government in order to run in any country. In countries like japan it work with their government to improve their country economy. In countries like Germany and Africa India also accept bitcoin and its profitable advantages. Where as countries like Bangladesh, China, Ecuador Israel etc ban it because of it decentralised nature association with criminal activities etc.

[cizatext]

To those countries who have already legalized bitcoin and cryptocurrency their are the technological advance countries who know what and how to metain their economic and social well-being and at that have adopted bitcoin as a secondary  currency. But the ones that are yet to join this new global invention are the technologically backward countries.

[TravelMug]

To those countries who have already legalized bitcoin and cryptocurrency their are the technological advance countries who know what and how to metain their economic and social well-being and at that have adopted bitcoin as a secondary  currency. But the ones that are yet to join this new global invention are the technologically backward countries.

Wrong, not all countries who choose to adapt or embraced bitcoin is technological advance. I even see 3rd world countries on that list. And you can say that to those countries who are hostile against bitcoin as well, not all of them are technologically backward.

It only means that there will be opposing sides whether to accept or reject bitcoin regardless how far advance that nation is. If they see bitcoin as a threat then they will simply will not accept it, specially a perceived threat to their monetary system or some disadvantage they see like bitcoin could be taken advantage of criminals for illegal activities.

[frankiemalton]

What’s more, Bitcoin is not a static technology like conventional fiat money. It constantly evolves along with its ecosystem. Innovating solutions to remove barriers to entry are nothing new for Bitcoin.

[HenryHope]

There is a huge difference between accepting and legalizing. But of course, the government wants to have rules to control and that's what the crypto is fighting against. Bitcoin in my country has been used by some affiliate exchange centers or even some banks where we can buy or sell bitcoin and exchange BTC with our money. So, the current bitcoin is not controlled by our government and central bank. United States, United Kingdom, Canada, Germany, France, Australia, Belgium, Brazil, Denmark, Hong Kong, Israel, Italy Japan, New Zealand, Norway, Poland, Singapore, Spain, Korea, Sweden Si, Sweden, Turkey, Slovenia, Ukraine, cyprus, Czech Republic, etc. Bitcoin is widely distributed in China, because it can be used to hide the value of offshore, ignoring Chinese control over capital.

[MickyDonald]

The fact that Bitcoin is legal in the world will make the crypto market a new payment method that is widely used and brings a good start to the nascent market.

[oceantiger]

Thanks for this information it will go along way to boost our confidence on bitcoin. We have more countries saying yes to bitcoin than those saying no. This is a welcome news and it will also avail us  the opportunity  to identify those countries that are crypto friendly in case some one is planing  to travel toward those countries. We lost India yesterday to those hostile to crypto so update your list to include India.

[genuin]

The countries that legalize bitcoin are those who on average have become developed countries. They need a breakthrough to accelerate economic growth, one of them through bitcoin. Developing countries are afraid to legalize bitcoin because they know that doing so will make their currencies fall because many of their citizens will use bitcoin

[beezare]

bitcoin is increasingly popular and many people are interested in bitcoin, but bitcoin is legal or not in the country depending on how the government accepts bitcoin, there are some that do not prohibit people from joining bitcoin but prohibit the use of bitcoin as a currency in that country

[atariguy]

More and more countries are beginning to recognize cryptocurrencies and it's great, we do not have to wait long:)

[imoet]

Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.

Bitcoin countries to get legitimacy:

Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .


Bitcoin Cancellation Countries:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...

We can see that some of countries already give legitimacy to bitcoin. It proves that bitcoin which is ilegal in some countries already accepted in another country. It will change throught time. It will be more countries can accept bitcoin. The another government will realize that bitcoin ia usefull and profitable.

[hubballi]

Bitcoin is becoming popular day by day. Reduce people's interest in easy transactions and price Rise. Some countries questioned the legitimacy and questioned. However, many countries of the world have given legitimacy to Bitcoin. We need to know about this issue for those new people. Those who did not know what to expect and would benefit them. Bitcoin has been given the list of validity and cancellation.

Bitcoin countries to get legitimacy:

Solvenia, Switzerland, Ukraine, Denmark, Estonia, Finland, Iceland, Lithuaia, Norway, Russia, Sweden, Bosia & Herzegivina, Bulgaria, Greece, Italy, Malta, Portugal, Spain, Belgium, France, Ireland, Luxembourg, Netherlands, United Kingdom, Australia, New zealand, Morocco, Nigeria, South Africa, Namibia, Zimbabwe, Canada, United States, Mexico, Nicaragua, Jamaica, Trinidad and Tobago, Argentina, Brazil, Chile, Colombia, Cyprus, Israel, Saudi Arabia, Jordan, Indonesia, Malaysia, Philippines, Singapore, Thailand, Croatia, Czech Republic, Germany, Hungary, Poland, Romania, Slovakia, Vietnam, Lebanon, Turkey, Iran, India, Pakistan, China, HongKong, Japan, South Korea, Tuiwan .


Bitcoin Cancellation Countries:

Algeria
Bolivia
Ecuador
Kyrgyzstan
Bangladesh
Nepal
Cambodia...

India have banned usage of Crypto currency and all banks have ceased the accounts which were dealing in cryptocurrency. So i think you should put India in Cancellation Country. Their is a legal battel is going between government vs crypto currency exchanges. Till the result comes it is ban to usage and if any public is using that is at their own risk.

[carlisle1]

I want to know you get the source information from the beginning? I think your information is inaccurate !

Source :
visit plz:
https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory u can learn more info about Bitcoin.

Happy to see that our country is one of those who has in legitimacy position though as of now our government gives no stand on what is their position over cryptocurrency,what they did is give people or the community warning but thats all the majority is neutral so we are free to do what we wanna inside cryptocurrency

[ShiroThe5th]

We already saw that bitcoin is getting popular. And also getting legalize all over the country. This is an evidence that bitcoin is more available rather than banned. Bitcoin is actually a good step to its development.

[pacman7331]

Bitcoin Illegal countries number has increased now. Maybe India will take place in the bitcoin banned Countries list! As I know, Bitcoin has banned from 21 Countries, and every country has the huge population. This is one reason for the crypto market down. If India bans bitcoin, then the crypto market will face a very critical moment.

[omorfi]

This list may change over time. There may be new countries to ban bitcoin later. Countries that are currently banned bitcoin may be released later.

[sumon.zi]

Different government have different opinions about bitcoin. Some of government use it for their country profit and some of them sacred of it. Bangladesh, Ecuador, Israel etc country ban bitcoin in their country because it affects their country national banks profit and also affects their country economy and financial growth.Where as countries like Bangladesh, China, Ecuador Israel etc ban it because of it decentralised nature association with criminal activities etc

[Manuel05]

This is interesting, last i checked only few countries accepted or have interest in what bitcoin is. This growth means great to bitcoin as bitcoin is getting more popular and the government is finally realizing the fact that bitcoin will be useful.