Bitze
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Activity: 1638
Merit: 1042
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June 15, 2018, 12:56:42 PM |
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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?
Yeah, it's legal in my country. it would be much too difficult for me to participate in ico etc. with vpn and other tricks. so I'm very happy about that
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BitindaHouse
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Activity: 336
Merit: 10
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June 15, 2018, 01:00:25 PM |
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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?
To be honest, there are projects in which I can participate , but there are projects that I can not do. I do not understand why this is so. I'm Ukraine A man are you talking about? In Ukraine, no one is watching this, and now in such a long time until the crypto currency nobody cares and at the forum I never saw that Ukraine was vilified!!!
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apaev
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Activity: 108
Merit: 16
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June 22, 2018, 03:10:09 PM |
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I do not have to go KYC to the Russian ICO, because in Russia there is no prohibition of crypto currency, but it is not allowed either
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dirgayeah
Full Member
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Activity: 868
Merit: 103
*Indonesian Professional Translator and BM*
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June 22, 2018, 03:44:25 PM |
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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?
on my country (indonesian) there's no problem when doing KYC on some ICO. I have participated on many ICO and all running as well. but I think some country have a special regulation with this. so still have no IDEA how to solve if an ICO banned some country for particpating with them
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torrantz
Sr. Member
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Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
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June 22, 2018, 03:48:26 PM |
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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?
Yeah, it's legal in my country. it would be much too difficult for me to participate in ico etc. with vpn and other tricks. so I'm very happy about that Not that difficult if only use vpn but if they do requires KYC then peolpe from a country that banned cryptocurrency will be doomed, they can't participate because ICO also usually limit their involvement aswell. In my country, it's still neutral not legal or illegal but hopefully a clear regulation will be released.
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Destroyeroff98
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June 22, 2018, 04:07:11 PM |
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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 ICO does not currently banned. Most likely this is due to the fact that few invest in them.
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pelumi20
Member
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Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
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June 25, 2018, 08:43:55 AM |
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Honestly I do not see why cryptocurrency should be consider illegal in any country, it is just for the government personal interest. Well the government in my country is indifferent about it.
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pacapa mloloh
Newbie
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Activity: 213
Merit: 0
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June 27, 2018, 08:46:12 AM |
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in my country cryptocurrency is not a legal transaction medium but Investment through digital currency or cryptocurrency slowly but surely many people are using it.
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ukstar
Jr. Member
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Activity: 436
Merit: 1
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June 28, 2018, 08:45:49 AM |
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Yes, it is. The U.S. Treasury classified bitcoin as a convertible decentralized virtual currency in 2013. Anyone can use bitcoin in our country. It is a good place to invest. Many organizations in our country do their business with bitcoins. Bitcoins are very safe. Although we can say that bitcoin is completely legal in my country.
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strauberyg
Newbie
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Activity: 111
Merit: 0
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June 28, 2018, 03:17:00 PM |
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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.
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Aleksandr_ov
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Activity: 252
Merit: 44
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June 28, 2018, 06:22:10 PM |
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In Russia, the government tries to regulate, introduces laws and tax on profits
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hoami55
Newbie
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Activity: 112
Merit: 0
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June 29, 2018, 05:25:48 AM |
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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.
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Alaira
Jr. Member
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Activity: 252
Merit: 1
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June 29, 2018, 05:50:03 AM |
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Crypto is fifty fifty in my country but the government still advice the people to be careful because crypto is very risky and you may loss your money. In my country there is no regulation for crypto, so we confused because when we invest and then crypto is illegal, all we can do is nothing.
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DesertOasis3
Jr. Member
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Activity: 144
Merit: 4
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June 29, 2018, 05:52:14 AM |
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I haven't seen any ICO project so far that I have been denied permission for taking part in. I do not live in the country of my birth so I have 2 hurdles to get past also as a citizen and also as a resident. Mostly it is China the US and the OLFAC countries that are denied entry.
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Alakdan
Newbie
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Activity: 112
Merit: 0
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June 29, 2018, 06:06:03 AM |
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Yeah and I can join any cryptocurrency that I prospected.
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Kshplen
Newbie
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Activity: 294
Merit: 0
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June 30, 2018, 06:34:42 PM |
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In my country, it has not been legal yet. But, it is gaining popularity. So, probably very soon it will have legality stamp in it.
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dealung
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June 30, 2018, 06:40:34 PM |
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My country is so hypocritical that cryptoccurency is banned in my country, but although it is forbidden that users and followers of crypto are still many in my country. They do not care about it, while it does not harm people why should be banned.
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ashu711
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Activity: 115
Merit: 10
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June 30, 2018, 06:43:08 PM |
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This is not legal in my country. but many online sites accept crypto buy or sell in my country. ant they are pay tax to government. so i guess this is not banned in my country. and i work in ico and bounty program.
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george_hured
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June 30, 2018, 06:45:01 PM |
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Many countries are now in a state of waiting, they do not prohibit crypto-currencies, but they are not allowed to use them as payment calculations, because they are not provided with anything, they are provided with interest.
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alisherusmonov89
Jr. Member
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Activity: 133
Merit: 1
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June 30, 2018, 06:48:16 PM |
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In my country tried to ban the cryptocurrency. But then the government realized that this additional taxes. Now a bill is being developed that will regulate cryptocurrencies.
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