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Author Topic: Bitcoin global regulation  (Read 2696 times)
Angle22
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August 31, 2018, 11:23:16 AM
 #221

must understand the word wise, and must obey the global rules, because bitcoin is not arbitrary that can be just like that
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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September 01, 2018, 06:55:17 PM
 #222

Define bitcoin as currency: Australia, Sweden.

It is clear that bitcoin transactions are illegal: Indonesia


I am from Indonesia

Hopefully Indonesia quickly legalizes bitcoin for transactions like other countries. Although it can still exchange on the market, it will be wonderful if bitcoin can be a tool for buying and selling transactions. Smiley
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September 01, 2018, 10:24:18 PM
 #223

It is hard to have global regulations for bitcoin and cryptocurrencies because not all countries accept it. Like china banned them altogether. Other countries also dont have regulations in place. Hopefully we see more adoption and regulations in future.
I like the idea of ​​having a global rule for Bitcoin because it will help Bitcoin in general and cryptocurrency become more popular and closer to life. But to do that is not easy because there are not too many countries in the world accepting Bitcoin and cryptocurrency.

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September 02, 2018, 08:03:52 AM
 #224

This issue has been raised more than once, to regulate bitcoin, all states need to unite and prohibit mining, and this will not happen, since influential people also participate in the world of digital money.
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September 02, 2018, 08:18:53 AM
 #225

You forgot to mention Philippines they also have accepted bitcoin as a form of payment although they have put some regulations but bitcoin is still progressing and also other countries will recognize it once they see the benefits of crypto currency as a form of payment and asset. Slowly and surely many crypto related businesses are starting up from institutional investors and merchants around the globe.

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September 02, 2018, 09:25:30 AM
 #226

Japan is a very developed region, they accept all new things, they are a country that advocates Internet technology! But they are rejected by people because of aggression!
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September 02, 2018, 05:46:23 PM
 #227

yes, of course this regulation for bitcoin must be there because with the regulation of bitcoin, the people will usually use a lot and will make demand very high and can affect the condition of bitcoin prices.
Pity on us and lucky you are because still even after being so advanced we are not sill receiving bitcoin as salary, it is modern age so I think all of those facilities should our country use, the more we are being famous the more it is being high, so for me regulation of bitcoin was only a dream but now it is our future which is really bright and safe, I hope soon our government will decide to regulate bitcoin.
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September 03, 2018, 06:00:25 PM
 #228

Them all may state which bitcoin dealings tend to be unlawful simply because they don't have any investigation whatsoever. They're just stating which since the dealings associated with bitcoins tend to be unknown procedure meaning untraceable plus they do not would like which.
BagzMM
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September 04, 2018, 02:12:45 AM
 #229

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.
Let us just hope that bitcoin would have a good impact all though out the world. And it would be accepted worldwide!
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September 04, 2018, 05:18:22 AM
 #230

global regulation of bitcoin to be kept by the user, it is for the good of each personal so that the system created ran smoothly according the rules.

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goaldigger
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September 04, 2018, 11:57:19 AM
 #231

Thanks for summarizing all cryptocurrency status all over the globe. It proves how crypto are being popular everywhere and countries adopt it in every different way. The amount of places accepting crypto is also multiplying and means that its growing in a healthier way. Hope my country is next.

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Rainbow009
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September 04, 2018, 02:10:51 PM
 #232

Global regulation for bitcoin is quite a long reach. And it is highly unlikely to happen.
Cryptocurrencies have been heavily adopted due to its decentralized nature and neutral, open technology.
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September 04, 2018, 02:55:20 PM
 #233

Things have already begun to heat up as countries around the world grapple with cryptocurrencies and try to determine how they are going to treat them. Most digital currencies are not backed by any central government, meaning each country has different standards. Need to ensure the right set of rules are applied to the right users to remain compliant across multiple jurisdictions.
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September 04, 2018, 05:38:55 PM
 #234

xactly, 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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September 05, 2018, 02:10:44 AM
 #235

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.
Luckily that the bitcoin is legal on our country with a minimum regulation. But the crypto currency on our local country is still limited cause no everyone doesn't know about this new payment system. I usually used it when I need some loads on my cellphone and game accounts, also using btc on paying some bills of course.
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September 05, 2018, 04:41:03 AM
 #236

Many countries in various parts of the world, especially Asia, are busy installing their respective rules regarding the use of Bitcoin and other virtual currencies. Different regulations in each country actually lead to polemics. Owners who are not allowed to use Bitcoin in their country, will look for other ways such as crossing to neighboring countries that have more friendly rules. It is considered inefficient.
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September 06, 2018, 01:59:06 PM
 #237

Many countries in various parts of the world, especially Asia, are busy installing their respective rules regarding the use of Bitcoin and other virtual currencies. Different regulations in each country actually lead to polemics. Owners who are not allowed to use Bitcoin in their country, will look for other ways such as crossing to neighboring countries that have more friendly rules. It is considered inefficient.
I think for big countries have said that bitcoin or cryptocurrency can be profitable in financial terms. There is no problem so far, I think, the problem is only with the crypto market, where there are too many negative issues spreading about the crypto market so that there will be new problems in every fall of the market.
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September 07, 2018, 02:57:05 AM
 #238

It is hard to have global regulations for bitcoin and cryptocurrencies because not all countries accept it. Like china banned them altogether. Other countries also dont have regulations in place. Hopefully we see more adoption and regulations in future.
Regulations are not important what it's important is if a country bans cryptocurrencies and as long as cryptocurrencies are not banned and you are not doing anything illegal then most likely you can do whatever you want with your cryptocurrency, just make sure to check the laws and regulations in your country just avoid breaking the law and if possible consult a lawyer just to be 100% sure.
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September 07, 2018, 03:19:46 AM
 #239

it seems like the whole world are watching cryptocurrency now...,lot of good and bad news, regulations everywhere but in the end cryptocurrency will win and go higher for good...the future that we need and know many more big people will adopt this system....
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September 07, 2018, 05:20:54 AM
 #240

There must be regulations, for the crypto environment to be inserted in the country and in the cities, but not everyone has knowledge, but even there would be more simple and useful crypto-coins, as we have many scammers here!
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