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Author Topic: Do crypto currency accepted in your country?  (Read 2243 times)
Reez
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May 13, 2018, 12:51:02 PM
 #181

Not really but it is not rejected either. I think right now the government is just trying to figure out a good and effective way to tax the income of crypto investors and traders before they can start putting regulations in the market. There is no law regarding the use of bitcoin and there is no ban on it so you are free to use it as long as you do not use it for illegal activities, you are good to go.
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May 13, 2018, 12:57:03 PM
 #182

Compared with the West, Eastern countries are more confined to Bitcoin. Oriental countries seem to have a higher level of bitcoin closure than Western countries. Russia is currently the largest country in the country that declared bitcoin illegal. However, China and South Korea are the two countries that have recently stepped up efforts to review and monitor the use of Bitcoin. In fact, the price of Bitcoin has fallen dramatically in the world due to the influence of the Chinese and South Korean governments continuing to rectify the cryptocurrency. According to reports, there are 100,000 signatures in Korea requesting refusal of proposals to ban cryptocurrency transactions; 30,000 signatures have requested the removal of two ministers, the Finance Department and the Legal Department, on the grounds of manipulating the market.
upbit
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May 14, 2018, 10:55:14 AM
 #183

In my country cryptocurrency is not accepted.The government treats it like something bad.And against her believing that it's all moshennichestv
trexbtc
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May 14, 2018, 05:52:18 PM
 #184

No, this is not beneficial to the government and banks. It seems to me that officially the cryptocurrency will never be accepted.
Quraline
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May 14, 2018, 05:54:44 PM
 #185

Yes, in my country you can exchange such cryptocurrency as bitcoin or Ethereum for cash.
elachious123
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May 14, 2018, 06:01:34 PM
 #186

Recently, the Government of Nigeria Senate proposed the incorporation of Blockchain Technology into some parastatals. With this move I think soon Cryptocurrency will be accepted as mode of payment
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May 14, 2018, 09:00:26 PM
 #187

In Austria you can cash out using the big trading platforms
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May 15, 2018, 10:19:37 AM
 #188

in my country bitcoin is still not clearly accepted and can either be an alternative payment or not and have clear legality or not, but I have friends who can accept payments using bitcoin.
vasilisc555
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May 15, 2018, 10:34:15 AM
 #189

Used in the same way as in any other country by the way of buying from hands or through bank cards. But the legislation becomes more loyal
Rostock
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May 15, 2018, 10:39:09 AM
 #190

In my country about cryptocurrencies so far there are no laws. Cryptocurrency is used freely and it seems to me that this is the most ideal place for cryptocurrency.

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JohnMacZeppelin
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May 15, 2018, 10:44:44 AM
 #191

After many companies decided to impose a ban on advertising crypto currency, google also decided to do it, but now you understand that all these customers get to bounty hunters who will do their work with great pleasure.
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May 15, 2018, 10:53:09 AM
 #192

There are separate organizations that accept cryptocurrency as payment, but these are few. In our country, the implementation of cryptocurrency is prohibited.

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Serj007
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May 15, 2018, 10:54:01 AM
 #193

Of course it is used, I do not know how long ago, I learned about it recently, in the winter, we even opened a store or a cafe where you can pay with the crepto currency
lucemferrum01
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May 15, 2018, 10:57:23 AM
 #194

There are some countries ban crypto use. Willing to know if crypto is accepted to in your country. I am wondering if Crypto currency is being used or known in your country.

Yes crypto is not 100% accept in my country but i am sure that crypto is not banned, we can use and we can talk in a public place. Although not totally accept atleast not banned. I'm so lucky that i lived in my country because crypto is my job now.

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May 15, 2018, 10:57:39 AM
 #195

No, my county has banned crypto last year. But I don't think it is a bad idea. As there are so many scams and useless icos in the market, peoples with no insight should away the market.

It is a protect to these people.
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May 15, 2018, 11:00:25 AM
 #196

My country has no law to ban the entire cryptocurrency market.
Yet the government has always warned people not to take part in the unknown, and the stakes are high.

JohnWick_Bitcoin
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May 15, 2018, 11:00:51 AM
 #197

There are some countries ban crypto use. Willing to know if crypto is accepted to in your country. I am wondering if Crypto currency is being used or known in your country.

There are countries who cannot really handle the growth of cryptocurrency and because of that they will just ban bitcoins for good another thing is that, most of this government are also corrupted that's why they do not want their own people to use cryptocurrency.
gogrowglow
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May 15, 2018, 11:05:20 AM
 #198

In my country many people knows  cryptocurrency and actually they are Bitcoiners and some are holding a high rank in Bitcointalk. I know also from the local news that government is  aware  of  cryptocurrency  but they have not yet study the depths of it that is  why news are sometime wrong or lack of total knowledge about cryptocurrency.  Bitcoiners here used local coins wallet.  After converting tokens to BTC and  BTC to dollar and last dollars to peso and deposit it on their local wallet which are connected to the bank  and finally withdraw it in our local currency.
Sam$oN
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May 15, 2018, 11:05:42 AM
 #199

In my country it is forbidden to have cryptocurrency ( as most lawyers believe) but it is not. Although the restrictions imposed terrible. Taxes up to 50% making it impossible for the prey with the help of mining.
jokowo
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May 15, 2018, 12:08:41 PM
 #200

The State gives Fully Legality to Bitcoin, because it recognizes it as a means of payment that can be used in transactions.
My country has a special law to regulate the use of Bitcoin.
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