rizqillah
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May 09, 2018, 08:45:06 AM |
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Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.
yes, it is true, the legalitas of Bitcoin depend on the country where we stay. several countries ban bitcoin , there is allow bitcoin. |
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gokusenpai0302
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May 09, 2018, 09:11:49 AM |
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Bitcoin is of interest to law enforcement agencies, tax authorities, and legal regulators, all of which are trying to understand how the cryptocurrency fits into existing frameworks. The legality of your bitcoin activities will depend on who you are, where you live, and what you are doing with it.
Bitcoin is legal but it depends on what country you're living at. In my country, bitcoin is legal as long as you are using wallet which is allowed by the government like (coinsph). However, if I do a transaction which is bitcoin-related and I use one of my bank accounts I will be questioned by the bank or worse my account will be closed because other banks in the PH do not allow bitcoin transaction. This is how it works in the Philippines, it has no clear rules and regulation on how bitcoin will be processed. I am hoping that Bitcoin will be legalized soon in order to have its own regulations. |
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alizalela7
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May 09, 2018, 09:33:41 AM |
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Bitcoin is not a crime if it's illegal for it to have existed in our world for almost 10 years and is well received and there are now also some governments that have adopted it into the economy of the country. they should not be illegal
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lamfod
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May 09, 2018, 09:40:34 AM |
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Yes, your country determines whether you are legally engaged in cryptocurrency or not
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-Maks-
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May 09, 2018, 09:44:31 AM |
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Well, depending on from which country to watch. In many places prohibit it, some approve of the contrary. The beauty is that the law can't find the arguments to ban it, but now that bitcoin is growing prohibitively, States consider it a threat to the economy, although in fact they are afraid that they will no longer be able to saw the money of the people.
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Ethan Becker
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May 09, 2018, 09:52:28 AM |
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Bitcoin not illegal - that's right(except a few countries). In most countries bitcoin is not positioned in any way. It's not money for most governments. You can do anything with that, but if you have much money from crypto you may have problem with law, because it can look like illegal money from criminal.
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sundul
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May 09, 2018, 09:57:59 AM |
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There are a few countries indeed prohibit Bitcoin for different reasons. There with the thought that bitcoin will damage the country's currency. Bitcoin and will be used for funding terrorists and criminals. But from the development of the Bitcoin, I don't think it can be a problem in the future. And with Bitcoin, I find life easier.
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denisaardelean
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May 09, 2018, 10:21:12 AM |
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Bitcoin is legal. The only thing that it makes bitcoin illegal are the illegal transaction that being made using bitcoins. We all know internet is vast and unprotected. Bitcoin can be use as another method for corruption. I think it depends on which country you are living in. I am from Nepal and here cryptocurrency trading is illegal. But other countries like Russia, USA are embracing it but with efforts to bring regulations
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alibaba93
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May 09, 2018, 10:21:19 AM |
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For the time being, the state bodies to look closely at the crypto-currency, trying to understand what it is and whether it is subject to control and taxation, we have the opportunity to earn on the crypto currency. Every jurisdiction is different, Bitcoin is legal in my jurisdiction. We don't have any crypto currency related laws and it doesn't fit anywhere
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Makrochain
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May 09, 2018, 10:29:20 AM |
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Bitcoin is legal. The only thing that it makes bitcoin illegal are the illegal transaction that being made using bitcoins. We all know internet is vast and unprotected. Bitcoin can be use as another method for corruption. I think it depends on which country you are living in. I am from Nepal and here cryptocurrency trading is illegal. But other countries like Russia, USA are embracing it but with efforts to bring regulations
Yep, In some countries bitcoin is not considered as payment gateway but it does not mean that it was illegal. You must be one of those members that think there is only altcoin sections. We all know that now days bitcoin is a new trend of digital currency, or even it is the first time of digital currency. Here in my country bitcoin is legal which supported by our government and make us easy like in paying our bills by using coins |
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hana10298
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May 09, 2018, 05:20:38 PM |
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well i think some country legalize the bitcoin because nowadays bitcoin is used mostly in paying bills. but some country doesn't recognized yet the presence of bitcoin so surely it is not yet legal around the world
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Harlen.t
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May 09, 2018, 05:29:17 PM |
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For me it's legal because in my local exchange account there are banks mode of cash out so you can easily cash out your funds as long as you submit your verification ID.
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Aris novianto
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May 09, 2018, 05:34:09 PM |
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if in the country of Indonesia maybe bitcoin is still legal, if in japanese country maybe bitcoin already in official, in japanese city bitcoin already have office for work in bitcoin, hopefully in indonesia can accept bitcoin become material of work for society.
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pujumba
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May 09, 2018, 06:50:55 PM |
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Yes bitcoin itself does not break laws, just like guns themselves don't kill people. People will use tools how they will, and unfortunately many people use Bitcoin for harm
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Riga
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May 09, 2018, 06:56:20 PM |
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Many countries have adapted bitcoin. It seems to me that only one or two countries have banned bitcoin. But this does not have a negative impact on the crypto industry.
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blissben930
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May 10, 2018, 11:05:34 AM |
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I think it depends on which country you are living in. I am from Nepal and here cryptocurrency trading is illegal. But other countries like Russia, USA are embracing it but with efforts to bring regulations. I think cryptocurrency is not illegal. It is real and the blockchain is more real.
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drogba773
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May 10, 2018, 11:09:31 AM |
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If the banks are legal, Bitcoin is legal too.
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Farin Aliev
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May 10, 2018, 11:11:20 AM |
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If the banks are legal, Bitcoin is legal too.
Hence Bitcoin is a 200% legal and liquid asset in our modern society and has great prospects in development! |
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yerger
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May 10, 2018, 11:16:56 AM |
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It's depend on your country. There is some country that really ban Bitcoin but it will never affect anything because they must to stop the internet if they wanna to permanent ban Bitcoin.
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Ritchel624
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May 10, 2018, 11:20:18 AM |
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The European Union has passed no specific legislation relative to the status of bitcoin as a currency, but has stated that VAT/GST is not applicable to the conversion between traditional (fiat) currency and bitcoin.
VAT/GST and other taxes (such as income tax) still apply to transactions made using bitcoins for goods and services
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