Is crypto legal in your country?

[mariaana]

The legality of crypto in my country is still subject to discussion. The national depository do not endorse any virtual currency but rather regulates them and consider as remittances from abroad. This regulations prevents material impact on anti-money laundering (AML) and combating the financing of terrorism (CFT), protection of consumer and financial stability.

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[salinaangel]

Actually in my country crypto is not used and legal. Actually the problem lies within us. In my country most of the investors are illiterate and do not have basic regarding the investment. So there is a chance of manipulation or scam in our country with the help of this. But it is legalized in most the educated countries.

[riyand]

in my country there are no rules about crypto or ICO, all of them in legal even they start to support the existence of crypto in my country,
in my opinion this is a good progress

[asadovski]

there is no legal in Russia unfortunately. There is legal in USA. comming soon we will see it in our country

[john_nautica]

for my country is now in a neutral position, because right now there is no official statement from the state whether legal or illegal, now someone is free to choose crypto as one of the investment. so now my country does not face problems with crypto.

[yellogold]

Yes, it's all legal here in the UK. Exchanges have to register and traders have to pay capital gains tax. 

[braZZers123]

KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?

In my country, this sphere is not yet very developed, although work on laws in this area has long been under way. Bitcoin does not yet have a clear definition in my country, so there are no prohibitive laws in ICO.

[skylighters]

Yes, it's all legal here in the UK. Exchanges have to register and traders have to pay capital gains tax. 

Lol, mate you don't have to pay capital gains taxes unless you make quite a lot of money. The allowance is £11,750 this year so if you make any more than that you just have to pay 20% from that sum (might be more than 20% if you make way more). So if you make 12k this year, you just have to pay 20% from 12,000-11,750=£250. Thus it's only 40 quid in taxes.

[bebebs12]

in my country does not prohibit but crypto can only be traded as digital asset. so it certainly permits to participate in any ICO.

[apilpirman.bisnis]

My country is not allowed for making payment by using bitcoin or altcoin, cryptocurrency was an illegal transaction so far in my country, but for buying or investment money on crypto and bitcoin is still allowed and we can participated for invest on ico and KYC procedure to upload. still not problem for participated on ico and invest how much money do you want to take invest. Just for making payment by using bitcoin or altcoin is illegal in my country because many reason why our government still not  trust and believe about bitcoin and cryptocurrency how is work and get profit.

[Zverek]

Yes, in my country it is not forbidden to have a cryptocurrency, but we do not yet have a legal field for cryptocurrency. I hope our government will soon understand that it is necessary to legalize cryptocurrencies at the state level.

[armchair-84]

in Russia our industry is still unregulated but our authorities are constantly trying to come up with restrictions for ordinary people, recently they published the official document which is supposed to prohibit investing in ICO more than $800..really gone mad...)

[alexhunter54]

In my country is legal to trade with cryptocurrencies even icos are not forbiden but one problem is that credit card and debit card are not accepted from exchanges of world.

[warrior333]

Yes, in my country it is not forbidden to have a cryptocurrency, but we do not yet have a legal field for cryptocurrency. I hope our government will soon understand that it is necessary to legalize cryptocurrencies at the state level.

Why do you think the government doesn't understand that? Many countries deliberately do not create a regulatory framework for the use of cryptocurrency. The situation of legal uncertainty creates many opportunities for law enforcement arbitrariness and corruption.

[melirahma]

Not yet. My country has not accepted the existence of crypto. There are still many things to consider. Perhaps one of the reasons is that people are not all ready to receive Bitcoin yet. But I hope my country can quickly accept it.

[Shaminyue]

My country doesn't have specific rule or guidence about cryptocurrency. However, they don't support transaction using cryptocurrency also. Hope that it will be supported soon.

[bitcok]

cryptocurrency is legal in my country but our country only prohibits making payments with currency cryptocurrency somehow cause they actually forbid it

[zerocashdev]

In my country the crypto currency is not regulated and taxable but officials for money laundering use bitcoins 

[hasimkamal]

KYC is good but it should be mentioned at the beginning of the campaign. Some companies didn't mention it at the starting of the campaign and while tokens disbursement they asked for KYC.

[Granit0]

Illegal organization of ICO. Participation in the ico is not punished in any way. maybe there will be a punishment in the future. We all want to avoid taxation to get more profit. KYC allows tax authorities to see my income. For me it is bad, for the state it is good.