Is crypto legal in your country?

[Crytptomeniac]

The crypto situation in my country is kind of strange in my country, The government and the central Bank has publicly criticized Bitcoins and has warned the masses against it, But again They are doing nothing to cub its operation, there are Bitcoin dealers publicly operating and Cryptocurrency blogs are all over without any kind of consequences, we therefore dont really know whats going on, but instead are just happy to take advantage of the situation, The government not cracking on us, the better

[toygama]

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?

Well, KYC really is important for most of the projects out there because they are just trying to protect their name and the reputation of their projects. Although it may be quite a hassle for almost everyone in this industry, it clearly is for the greater good of the project itself and the supporters and investors who are in it. In our country it hasn't been declared illegal yet which is why I and a lot of my friends are taking advantage of this moment.

I'm not so long in this community but for me complying certain requirements of a reputable ICO is giving me an assurance that the project going to succes if most of the ICO who ask KYC are more successful than others there's no need to be hesitant, only just a little information in our KYC as long as we earned in crypto I think it's quite good. In my country the government never issued any warning about cryptocurrency that means business stays as usual in addition to that some private intities are encouraging individuals to attend simenars about basic trading in cryptocurrency that's a very much welcome development in our community.

[Stimah24]

Yes, my country donot barn the use of cryptocurrency though it's not either officially acceptable for transactions but so many people are still trading it for investment or transactions.

[dianikusuma]

There is no policy governing any ICO I. for transactions with crypto indeed definitely not allowed, however, for an investment of ICO no restrictions to it. But even so slowly I began to appear in any crypto and this certainly has a good sign even many who also appreciates this.

[jerrison]

in my country where i come from here in nigeria, it is not legal neither is it illegal but then the government always advise against blockchain technology related transactions but i think they will accept and legalise it with time

[The Monkey King]

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.

I agree, In my country it was not illegal to join bounty campaigns. We are also free to use and transfer bitcoin. In fact there are banks who was party with our bitcoin wallet. But the sad news in my country was people think that bitcoin was scam. People are still have lack of knowledge about what bitcoin really is.

[poodle63]

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.

I agree, In my country it was not illegal to join bounty campaigns. We are also free to use and transfer bitcoin. In fact there are banks who was party with our bitcoin wallet. But the sad news in my country was people think that bitcoin was scam. People are still have lack of knowledge about what bitcoin really is.

People are usually close minded especially the elder ones, they just seem to be lacking of curiousity and the urge of trying something new, that's why a proper education will help to be honest, my country is the same, so many people know nothing about cryptocurrency but just talk a lot like they know everything, they said that cryptocurrency is just a fake thing although their bank that they praised so much finally implement blockchain for its efficiency.

[worldsuccess01]

Will in my country this is under investigation to the senate to make it legal in my country but im just hoping it will be approved because crypto is a big income for the country likely of taxes.

[Fenixsfeather]

In Russia it's not banned, but not legal. So I mustn't pass KYC in russian ICO. It depends on ICOs country.

[Kelvinikke]

Well crypto has not been publicly announced to be legal in my country but yet i know most people engage in it in their respective home. Most of the times we speak about a country legalizing the use of cryptocurrency as a mode of payment for transaction but the question is which is country want to use a currency whose value can change at anytime. The volatility in cryptocurrency is soo high to the extent that it can generate fear and anxiety into people who don't have much experience into cryptocurrencies. And until the issue of its high volatility is fixed i don't think most countries can publicly come out and say that they accept cryptocurrencies even though it will still be engaged into by other people who can stand the tides and waves of the crypto world.

[$$$sparkles$$$]

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?

Our central bank supports crypto, so I would say it's legal here. No major government intervention has been made so far. Though I have this feeling that regulations are cooking up. But I really don't see it as a threat. I am quite confident that our government will be objective in making their decisions if ever they tackle cryptocurrencies in one of their sessions.

[Nginende]

Yes, it seems like in my country you can safely pass the KYC and participate like as in bounty companies and earning crypto currency.

[WhoAmAi]

to this day, in my country still legalize crypto, i hope this will happen forever, because if crypto become illegal it is not very good

[bellaayu]

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, in this regard, the Government has yet to grant permission. But things like this can still be carried out even this very safe. So we are not too difficult to work in the crypto. Invest Government also did not know and they're not particularly thought of it. So we are free to invest freely in accordance with our capacity.

[chip1994]

In my country, the current cryptocurrency has not been banned, people can participate in unlimited investment, but the government will not bear any responsibility if the fraud occurs in the cryptos transactions. In the future, I hope the cryptocurrency will be officially accepted and become the most convenient form of payment in the world.

[blackssmith2018]

I Cannot sure to my country if crypto is Legal here because last few month's ago a lot of Filipino are arrested by doing the investment scam in the name of bitcoin they carry it so many expert say's that the bitcoin is not stable you need to be wise. our Government it's till under study about crypto world if should be good or should be banned here to my country

[kindbtc]

At the moment it is not, perhaps they have declared it illegal for now because they are unable to record and tax it, but after hearing the positive news of many countries around the world legitimising and implementing the use of blockchain in different sectors i feel positive that slowly all governments and nations will start recognizing crypto.

[danielcansil]

In my country, crypto is not legal, our government does not support crypto, they think all crypto is a scam, they claim that cryptocurrency is a threat to the economy of the country. Newspapers and media always have very bad news about cryptocurrency. They do not want people in the country to understand crypto. Most people in my country do not know about the benefits that crypto brings. I hope that future crypto will be accepted in my country.

[Jonsnowstark]

Cryptocurrency is still illegal in my country by doing payments or any other transactions. But still, there are many people in my country who is investing bitcoin and using such as payment. I heard alot of my fellow bitcoin hodlers got arrested because of bitcoin. Some of them use bitcoin for scamming people too.

[luutaek250]

 yes partly no  cause here in our country crypto currency is a sensitive topic.