In case you're interested

[CryptoBry]

I can then conclude that Bitcoin and cryptocurrency for that matter is now facing a better and brighter future as countries are now shifting their policies on it. Soon there will be more open countries than neutral ones. Everything is now subject to debate and we should understand that it can take sometime for the government to finally decide on this issue since this area is relatively new to these officials. We have to give them more time needed to finally come up with regulatory policies paving the way fro recognizing Bitcoin and other cryptos. In the end, it can all be about the tax they can collect and some controls on the trading of the cryptocurrency.

[Martinkuhn]

*#CRYPTOCURRENCY #G20 #RESULTS 

First conclusions of the G20 meeting for the purposes of the Cryptocurrency scenario, in case you are interested in:

Argentina = Neutral

Australia = Legal

Brazil = Legal

Canada = Legal

China = Temporarily prohibited (illegal)

France = Legal

Germany = Legal

India = Neutral

Indonesia = Neutral

Italy = Legal

Japan = Legal

Mexico = Restricted

Russia = Restricted (previously illegal until the recent unlocking of 40 encryption sites)

Saudi Arabia = Restricted

South Africa = Legal

South Korea = Restricted (Regulatory action previously legal but pending)

Turkey = Legal

UK = Legal

US = Legal

Countries invited for the 2018 G20 meeting

Chile = Legal

Jamaica = Neutral

The Netherlands = Legal

Rwanda = Neutral

Senegal = Neutral

Singapore = Legal

Spain = Legal

15 legal, 7 neutral, 4 Restricted,  1 illegal

This result is definitely not negative and that is something to shout about. With that many countries having legal status for crypto in their jurisdiction, it would allow crypto to grow and develop more in the future.

Once China figure out how to really regulate crypto, we will see a strong rise for all crypto.

[Blackrosek]

Yes, I'm very interested in Bitcoin, there is no doubt about it. When I first came to know about Bitcoin to my friend, then Bitcoin wanted to do this. But then I did not know anything about Bitcoin. Then I tried to know about Google Bitcoin. Then at the end of a lot, I joined Bitcoin. Bitcoin's abundant benefits impressed me. I'm very glad to be associated with Bitcoin.

[Ziskinberg]

*#CRYPTOCURRENCY #G20 #RESULTS 

First conclusions of the G20 meeting for the purposes of the Cryptocurrency scenario, in case you are interested in:

Argentina = Neutral

Australia = Legal

Brazil = Legal

Canada = Legal

China = Temporarily prohibited (illegal)

France = Legal

Germany = Legal

India = Neutral

Indonesia = Neutral

Italy = Legal

Japan = Legal

Mexico = Restricted

Russia = Restricted (previously illegal until the recent unlocking of 40 encryption sites)

Saudi Arabia = Restricted

South Africa = Legal

South Korea = Restricted (Regulatory action previously legal but pending)

Turkey = Legal

UK = Legal

US = Legal

Countries invited for the 2018 G20 meeting

Chile = Legal

Jamaica = Neutral

The Netherlands = Legal

Rwanda = Neutral

Senegal = Neutral

Singapore = Legal

Spain = Legal

15 legal, 7 neutral, 4 Restricted,  1 illegal

This result is definitely not negative and that is something to shout about. With that many countries having legal status for crypto in their jurisdiction, it would allow crypto to grow and develop more in the future.

Once China figure out how to really regulate crypto, we will see a strong rise for all crypto.

This data would simply imply that majority of the county are supporting bitcoin and I now for sure that once
a proper guidelines will be implemented, it would be easy for all country to adopt as they have a uniform guidelines for crypto, the result was
indeed good for the entire crypto.

[trecore4]

Amazing data collection with status distribution according to legality and neutrality of the crypto status. I did not know the outcome has come so nicely that almost 15 countries have legal status about the whole crypto thing. I think those countries which are neutral about it are nothing but from third world and they might just get enrolled back into legality status as they start understanding the usage of the crypto currency. It's just matter of time when they will learn greater development of the blockchain. Good analysis, by the way do you have link for the article which decsirbe the whole thing in detail.

[Coin_trader]

The conclusion of that meeting doesn't matter at all (in my opinion) since Bitcoin is already here and nothing can beat this digital currency. They can harm (in a very slightest measure) the price but the stability of this currency will remain unaffected and will grow more instead of decreasing. We will not be surprise even if one day came that those government leaders prohibit the Bitcoin on their respective country since their government could not get any favorable revenues from the decentralization of that currency.

[magneto]

Is this actually data that has been collected from the G20 meetings or did you just copy the data for the G20 countries with their current crypto legality from wikipedia? They are promising some kind of regulation towards July, no idea what exactly it's going to be though. Even though China and South Korea have restrictions placed on crypto, they are still two enormous crypto nations. So this data isn't always going to be as straightforward as you think.

I do think that people are over concerned about the regulations that may end up coming out of the G20 meetings.

The worst the governments can do is restrict exchanges or place tighter regulations on exchanges, that's all. And we're already seeing that happening. Either trading is going to become decentralised, or p2p. BTC cannot die because of regulations - it is decentralised itself.

[hualangktsld841]

The G20 summit did not bring too much discussion about the encrypt world. Most countries believe that bitcoin is still a small man, not enough to affect the order and pattern of the world economy. Indeed, the encryption world is still in the early stage of development. Many projects are just a concept. We see that Japan, Germany, Italy and South Africa are recognized for bitcoin status. We should see Russia's change, which will be a positive signal.

[tweetbit]

Majority is on legalisation and some is on regulation, then it going to the point that only few do not want cryptocurrency to succeed. We all know why and what they’re into, for their countries interest and greediness for wealth distribution. It’s hard to pressure those country to take cryptocurrency out of radar or just giving it space to improve and develop more, most of them have history of being a communist or former and the citizens are no freedom to choose.

[Ridwan Fauzi]

Legal or not cryptocurrency in a country it will not make me not interested in cryptocurrency. Because with regulation in every government will not make cryptocurrency die, only those who are afraid of government regulation will make panic so they use panic selling. Whereas cryptocurrency is basically made for a means of payment but now cryptocurrency functionate more as an asset, so if the government makes the regulation and accepts cryptocurrency as a means of payment I will not use it as payment, I will still use cryptocurrency especially bitcoin as a place of investment and trading because with it will make me rich. So, government regulation is useless to me.

[GoldenLad]

OP, where did you get this your list from, cause I don't think I have seen it anywhere or on any news that has to do with the G20 summit meeting. I believe you copied and paste this information from Google through Wikipedia website. If I am correct, the G20 summit meeting was all about regulation on bitcoin and it has nothing to do with whether any countries legalize bitcoin or not. Cause if we are to list, there arr many countries that bitcoin are illiegal not just the one you listed above.

[hacekd]

*#CRYPTOCURRENCY #G20 #RESULTS 

First conclusions of the G20 meeting for the purposes of the Cryptocurrency scenario, in case you are interested in:

Argentina = Neutral

Australia = Legal

Brazil = Legal

Canada = Legal

China = Temporarily prohibited (illegal)

France = Legal

Germany = Legal

India = Neutral

Indonesia = Neutral

Italy = Legal

Japan = Legal

Mexico = Restricted

Russia = Restricted (previously illegal until the recent unlocking of 40 encryption sites)

Saudi Arabia = Restricted

South Africa = Legal

South Korea = Restricted (Regulatory action previously legal but pending)

Turkey = Legal

UK = Legal

US = Legal

Countries invited for the 2018 G20 meeting

Chile = Legal

Jamaica = Neutral

The Netherlands = Legal

Rwanda = Neutral

Senegal = Neutral

Singapore = Legal

Spain = Legal

15 legal, 7 neutral, 4 Restricted,  1 illegal

the results of the G20 Summit show every country over its legality that prohibits or supports bitcoin in their respective countries, yes the information is quite good and I say thank you

[syaripudin]

*#CRYPTOCURRENCY #G20 #RESULTS 

First conclusions of the G20 meeting for the purposes of the Cryptocurrency scenario, in case you are interested in:

Argentina = Neutral

Australia = Legal

Brazil = Legal

Canada = Legal

China = Temporarily prohibited (illegal)

France = Legal

Germany = Legal

India = Neutral

Indonesia = Neutral

Italy = Legal

Japan = Legal

Mexico = Restricted

Russia = Restricted (previously illegal until the recent unlocking of 40 encryption sites)

Saudi Arabia = Restricted

South Africa = Legal

South Korea = Restricted (Regulatory action previously legal but pending)

Turkey = Legal

UK = Legal

US = Legal

Countries invited for the 2018 G20 meeting

Chile = Legal

Jamaica = Neutral

The Netherlands = Legal

Rwanda = Neutral

Senegal = Neutral

Singapore = Legal

Spain = Legal

15 legal, 7 neutral, 4 Restricted,  1 illegal

indeed I see some impact on the crypto market movement after the G20 meeting and from what you mentioned about the policy and also the banning of each country then the conclusion of what was gained from the G20 meeting yesterday. you should be able to explain in more detail because I think at every meeting that do a discussion of course will get a decision that will be a barometer about the growth of bitcoin.

[krishnaverma]

Here India is marked as neutral which might change in few months. The finance minister here has mentioned the deadline as December 2018 and till then , they will come up with rules related to crypto in India. As per the working style of current government, I expect huge tax on the bitcoin investment which will discourage the investors. Another major issue here is that you cannot do any transaction (even $10 in crypto) without KYC.

[simpleholmes]

This was my main concern about crypto because if any regulation would come in G20 or any bad news the market would have taken a completely different path and as investors it would be very hard to adopt to another wave

[Bustart]

*#CRYPTOCURRENCY #G20 #RESULTS 

First conclusions of the G20 meeting for the purposes of the Cryptocurrency scenario, in case you are interested in:

Argentina = Neutral

Australia = Legal

Brazil = Legal

Canada = Legal

China = Temporarily prohibited (illegal)

France = Legal

Germany = Legal

India = Neutral

Indonesia = Neutral

Italy = Legal

Japan = Legal

Mexico = Restricted

Russia = Restricted (previously illegal until the recent unlocking of 40 encryption sites)

Saudi Arabia = Restricted

South Africa = Legal

South Korea = Restricted (Regulatory action previously legal but pending)

Turkey = Legal

UK = Legal

US = Legal

Countries invited for the 2018 G20 meeting

Chile = Legal

Jamaica = Neutral

The Netherlands = Legal

Rwanda = Neutral

Senegal = Neutral

Singapore = Legal

Spain = Legal

15 legal, 7 neutral, 4 Restricted,  1 illegal

indeed I see some impact on the crypto market movement after the G20 meeting and from what you mentioned about the policy and also the banning of each country then the conclusion of what was gained from the G20 meeting yesterday. you should be able to explain in more detail because I think at every meeting that do a discussion of course will get a decision that will be a barometer about the growth of bitcoin.

This data is very helpful. Many are still questioning bitcoin's credibility and that makes it hard for us to persuade somebody to be part of our team. I think the best thing we can do is to be responsible in what we do and say so we can create a good impact in the society. Now, in case you're interested to join don't hesitate to ask, and be guided accordingly so we can all be on the same page and can march together for better future.

[jakagintiri]

G20 yesterday really attracted the attention of many people, especially fans of cryptocurrency, this is very interesting to me where so many countries are pro against cryptocurrency, and there is an Indian state that previously banned bitcoin very firmly, here india whether to re-use bitcoin and legalize it for not some time to come forward, I hope that, where the largest number of users of cryptocurrency in India after resisting bitcoin there is a very high drop, hopefully this will be good for china also because it forbids it for a while. .

[green_fish]

It seems that most capitalist countries support digital cryptographic currencies!

People in liberal democracies are more willing to accept this free digital cryptocurrency!

As time goes on, digital cryptographic currency will be accepted by more countries in the world!

[Dimid]

I think it's too early to draw conclusions about the G20 summit, since they postponed the results for July. We can expect a few more such postponement of terms, and a few surprises that will affect the price of bitcoin.

[iram1011]

I think it's too early to draw conclusions about the G20 summit, since they postponed the results for July. We can expect a few more such postponement of terms, and a few surprises that will affect the price of bitcoin.

The FSB has clearly stated that right now cryptocurrencies aren't that big enough that it need to be regulated. Thus, the postponing of the verdict was inevitable. Acording to FSB, the crypto-assets do not pose a risk to global financial stability and asked countries to actively support it. I believe cryptocurrencies with a mcap of approx $300 Billion, isn't big enough to be of major concern at economic scale. Thus, a neutral verdict from G20 summit as came was expected. After that it is on discrete of countries to formulate any law for cryptocurrencies which they think will be apt for their financial landscape.

Cryptocurrencies won't be a matter of concern at global level such as G20 until the market capitalization is under trillion dollars. We are only gonna get neutral verdicts.