Bitcoin global regulation

[CptThomas13]

Exactly, every country have their own belief about cryptocurrency but I think its good to have a global regulations so we can be more confident that they regulate cryptocurrency for the sake of both investors and a company. More countries will support this technology and I do hope G20 summit is the way to make that happen.

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[Marcel555]

It would be a while before bitcoin and other crypto currencies can be regulated globally.

Only a couple of countries have acknowledged crypto. For now it is not under financial regulations and taxations, which has its advantages and disadvantages.

[Rainbow009]

Can bitcoin ever be accepted globally and how would that affect the financial sector?

[Eleonora00742gold]

Globally it look like, when you not push bitcoin in goverments money you are - good boy.  

In other situations you must know about many different tax law, that's other  in each country.

At nowaday i don't know portal what give good knows about global regulation of bitcoin and crypto.  

[Evil eye]

There is no reason to say that Bitcoin is a global currency. Bitcoin is currently being used in most countries of the world. But Bitcoin is not valid in all countries, some countries have banned it. Yet, the use and control of Bitcoin is growing worldwide. Russia, Japan, Germany, South Korea, France, America, and many countries including Bitcoin have much to use and control.

[Rosilito]

Define bitcoin as currency: Australia, Sweden.

It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.

Clearly identified as legal means of payment: France, Japan.

Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.

The first country to recognize the legal status of bitcoin: Germany.

The first country to block bitcoin: Thailand (now a changed attitude)

ICO's country: China, South Korea.

Countries with positive attitudes to ICO: Russia, France.


Japan: embracing reform, licensing, and overall regulation.

Japan, as an innovator in this reform, has been on the cutting edge.

This would help really a lot. Such bad things on using crypto would got no more place to exist and the good way would stand out. Regulating users would probably changes a lot of things it may be for a price that would hike soon as its gets regulated or the worst if it turns out to drop. Making money needs to be regulated because making money attracts people to do some unneccessary things just to have bulk on their rather than having it little by little in a good way.

[1Referee]

But Bitcoin is not valid in all countries, some countries have banned it.

Valid according to who, governments not wanting you to enjoy financial freedom? If you accept Bitcoin, regardless of the laws in your country, it's valid.

Yet, the use and control of Bitcoin is growing worldwide. Russia, Japan, Germany, South Korea, France, America, and many countries including Bitcoin have much to use and control.

Control is a relative term. Regulations only reach the centralized part of this market, which isn't a big deal since no one is being forced to use any service within that centralized circle. People have actually started to move away from anything that's centralized due to regulations, so as always, it's action equals opposite reaction. Bitcoin allows people and businesses to counter everything the government forces through, which wasn't possible before.

[marsmyname]

Can bitcoin ever be accepted globally and how would that affect the financial sector?

It is just a matter of time as bitcoin and the rest of the crypto currencies will prove their worth in the future as the number of investors who are willing to invest a portion of their income into the crypto currencies is increasing and that we can really hope that things will then turn in favor of the crypto currencies. if this thing happens, then this will affect the economic condition of the entire world in much better way.

[Dreamchaser21]

But Bitcoin is not valid in all countries, some countries have banned it.

Valid according to who, governments not wanting you to enjoy financial freedom? If you accept Bitcoin, regardless of the laws in your country, it's valid.

Well, it can be valid but its still illegal and prohibited in some countries since they feel being threatened by bitcoin and this is why government are taking action to banned bitcoin.

Can bitcoin ever be accepted globally and how would that affect the financial sector?

It is still possible for cryptocurrency to be recognized around the world but it takes time, maybe in the future we can freely enjoy this kind of technology.

[Sum24]

Globally it look like, when you not push bitcoin in goverments money you are - good boy.  

In other situations you must know about many different tax law, that's other  in each country.

At nowaday i don't know portal what give good knows about global regulation of bitcoin and crypto.  

Your all points are informative and useful for us to know you are right to make it regular we should first notice the worth of bitcoin in that country . if government of almost all counties will combine together it am sure they will make bitcoin universal regular currency and this way we will become able to get more profit from bitcoin. I think every country should announce bitcoin regular for better economical state it is all about the fine interest of users and the investors,

[Visbay]

Define bitcoin as currency: Australia, Sweden.

It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.

Clearly identified as legal means of payment: France, Japan.

Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.

The first country to recognize the legal status of bitcoin: Germany.

The first country to block bitcoin: Thailand (now a changed attitude)

ICO's country: China, South Korea.

Countries with positive attitudes to ICO: Russia, France.


Japan: embracing reform, licensing, and overall regulation.

Japan, as an innovator in this reform, has been on the cutting edge.

This would help really a lot. Such bad things on using crypto would got no more place to exist and the good way would stand out. Regulating users would probably changes a lot of things it may be for a price that would hike soon as its gets regulated or the worst if it turns out to drop. Making money needs to be regulated because making money attracts people to do some unneccessary things just to have bulk on their rather than having it little by little in a good way.

I know it is going to be the best thing in the history of crypto currency, and no one is forbidding crypto currency right now. It is not only a news or a threat but it is true in actual this news is gonna change the whole market cap. Regulation of bitcoin is such nice thing, bitcoin will be regulated all over the world and globally as millions of people are helping it to be famous worldwide and throughout the world, gradually government is taking interest in crypto currency, so I am really in wish to see bitcoin transaction legal globally.

[voztata]

There is no reason to say that Bitcoin is a global currency. Bitcoin is currently being used in most countries of the world. But Bitcoin is not valid in all countries, some countries have banned it. Yet, the use and control of Bitcoin is growing worldwide. Russia, Japan, Germany, South Korea, France, America, and many countries including Bitcoin have much to use and control.

Bitcoin is no doubt being used by so many people living at different places of the world but the fact is still, you can’t say bitcoin as the global currency as none of the government of any of the county has so far declared it as a legal currency which is the most basic condition for the bitcoin to be the global currency. It needs a lot of time for things to be this much good and that we need to stay patient by then.

[Bugatti73]

I have already said that cryptocurrencies demand regulation and control only in the right aspect and that this would be for people but not for personal gain.

[Faxmate]

There is no reason to say that Bitcoin is a global currency. Bitcoin is currently being used in most countries of the world. But Bitcoin is not valid in all countries, some countries have banned it. Yet, the use and control of Bitcoin is growing worldwide. Russia, Japan, Germany, South Korea, France, America, and many countries including Bitcoin have much to use and control.

Bitcoin is no doubt being used by so many people living at different places of the world but the fact is still, you can’t say bitcoin as the global currency as none of the government of any of the county has so far declared it as a legal currency which is the most basic condition for the bitcoin to be the global currency. It needs a lot of time for things to be this much good and that we need to stay patient by then.

For me bitcoin is already regular enough and it takes time to do something really high, bitcoin is regular at some places how are adopting bitcoin legally now for the betterment of their economical state of country I am true bitcoin supporter because I know one day bitcoin will makes me rich same as those thousands of people who are millionaires now  a day, India now recently announced bitcoin as legal so people of India are using bitcoin freely I hope one day we will also  be one of them to take the advantage of bitcoin global regulation.

[blockchainwriters]

Every country bitcoin regulation is different we can clearly check in this website coin.dance for every country regulations

[mornabo]

Global regulation would revolutionize bitcoin as we know it, making it an accepted currency for trading. It would favour the top dealers generally, but with tax reforms e.t.c... Some would lose out.

Yeah it will make bitcoin progressing rapidly if global regulation is successful applied for bitcoin, I do not matter with the tax for my
income, because what I will get when the regulation happens will be very worthed like advantages and ease in using bitcoin

[legendbtc]

Still, everything is incompletely speculation because whether governments will deal to regulate the Bitcoin in a legal way. Already governments want to force people to use them in regulating the way in order to identify people transactions.

[ncn1992vn]

In my country, there are already some plans of the Government on the management of the bitcoin.
The Bank was not allowing the sales of the Bitcoin.
People involved in the transaction were also seen as Bitcoin delinquency.
But I still hope in the not so distant future, then everything about Crypto will be widely popular thanks to its technology

[Regenmacher]

The unified world regulation is impossible. Nowadays states has gone back to establishing protective economical walls against foreign invasions, just look at the US.
But that won't make people use cryptps, and BTC in particular less. Though regulations, so taxes, fees etc. can be very different depending on country

[tbterryboy]

There is no reason to say that Bitcoin is a global currency. Bitcoin is currently being used in most countries of the world. But Bitcoin is not valid in all countries, some countries have banned it. Yet, the use and control of Bitcoin is growing worldwide. Russia, Japan, Germany, South Korea, France, America, and many countries including Bitcoin have much to use and control.

Bitcoin is no doubt being used by so many people living at different places of the world but the fact is still, you can’t say bitcoin as the global currency as none of the government of any of the county has so far declared it as a legal currency which is the most basic condition for the bitcoin to be the global currency. It needs a lot of time for things to be this much good and that we need to stay patient by then.

For me bitcoin is already regular enough and it takes time to do something really high, bitcoin is regular at some places how are adopting bitcoin legally now for the betterment of their economical state of country I am true bitcoin supporter because I know one day bitcoin will makes me rich same as those thousands of people who are millionaires now  a day, India now recently announced bitcoin as legal so people of India are using bitcoin freely I hope one day we will also  be one of them to take the advantage of bitcoin global regulation.

Bitcoin is no doubt performing exceptionally well in the world of the crypto currencies and that it has managed to make a very good name in the international market but still there are so many things which are needed to be done and that bitcoin global regulation is one of the most important thing amongst all those things as this will then result in increase in the awareness rate and increase in the number of investors investing in the bitcoin.