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Author Topic: Is crypto legal in your country?  (Read 3504 times)
Gralph
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August 23, 2018, 06:04:19 AM
 #321

Although the much awareness about cryptocurrency is not yet pronounced in the part of the world at which i found myself, therefore the question about them legalizing it or not is not actually a case, but considering the decentralized market system that is devoid of any form of a third party involvement or control by a central authority, i am optimistic that with the full knowledge and government formal approval of the business in Nigeria, it will contribute favorably in boosting the economy of my country.
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August 23, 2018, 06:05:34 AM
 #322

in my country is Ilegal, but not banned, i hope still ilegal because if move to legal will  charged.

This is same with mine. The government did not regulate bitcoin but still they do not care about bitcoin. But still it will be good for the crypto market in an specific country if it will be accepted. To be specified the investors will have lot of perks at the same time the government will get something too. But too much is bad. So itis good if the government regulates just enough.

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August 23, 2018, 06:07:42 AM
 #323

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?
Opportunities in our country are broad, but crypto is not in a hurry and I think that it is not necessary. Otherwise, there will be inflation and the failure of the economy.

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August 23, 2018, 06:09:26 AM
 #324

The government in my country does not interfere in our bitcoin transactions and no regulatory board that has been monitoring in bitcoin transactions though some government officials has personally joined in cryptocurrency too but this does not make it legal anyway.
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August 23, 2018, 06:16:19 AM
 #325

The government in my country does not interfere in our bitcoin transactions and no regulatory board that has been monitoring in bitcoin transactions though some government officials has personally joined in cryptocurrency too but this does not make it legal anyway.
Monitoring bitcoin transaction will take some much resources, just imagine, if thousands of people in your country alone always making a transaction then government need to check it one by one.
some government official i can say individual doesn't represent the whole government so I guess youre right, it doesnt make crypto legal

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August 23, 2018, 06:23:07 AM
 #326

I don't know whether crypto in my country is legal or not because until now I can still use crypto and the government does nothing, they just prohibit the use of crypto as a currency
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August 23, 2018, 06:25:02 AM
 #327

The Government in my country still closes their eyes on Crypto deals and does not want to accept it yet and they worried not about individuals dealing with it with the aim that they does that at their own expense. So, baning Crypto is out of the way, but never legalize it for cryptos are decentralized. So, we are very free in this regard.

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August 23, 2018, 06:26:30 AM
 #328

Monitoring the financial operations the government is doing quite well, so I think in the future they will learn to monitor the cryptocurrency transactions too. Until then, there will be no legalization of the cryptocurrency as a monetary resource.

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August 23, 2018, 06:39:19 AM
 #329

My country government don't even bother to know about crypto, they being close there eye about the new development.
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August 23, 2018, 06:41:49 AM
 #330

in my country crypto is not a problem, even though our government notices that cryptocurrency is a bubble, our government does not support crypto but also does not overly ban our crypto, I think our country community likes cryptocurrency because it provides additional income for us.
Same with my country, crypto is not yet regulated by the government here. More people are using crypto currency now unlike before, but most of them are afraid to invest because of those negative news in the media in my country.
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August 23, 2018, 06:49:22 AM
 #331

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 there are no government regulations where citizens are prohibited from investing in cryptocurrency, so far there is no problem for me if I buy crypto or invest in the ICOs project. at the G20 meeting my country declared neutral on cryptocurrency, but that does not mean crypto is legal in my country and not illegal.

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August 23, 2018, 10:33:46 AM
 #332

In my country crypto is not legal. The government in my country prohibits people from using crypto to transact. I think legal or illegal is no problem. As long as crypto is not blocked by the government, I think it's still safe to invest in crypto.
MR_Klip
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August 23, 2018, 11:06:26 AM
 #333

In my country, crypto remains an illegal direction. In certain situations, it is even possible to prosecute, although there have not yet been any arrests.
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August 23, 2018, 11:09:32 AM
 #334

While we do not have kripto legalized legal status. I very much hope that in the near future this situation will change - at least within the next five years.
infinity33
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August 23, 2018, 02:55:20 PM
 #335

In my country, crypto remains an illegal direction. In certain situations, it is even possible to prosecute, although there have not yet been any arrests.

In my country crypto is legal but the government do not support it, infact the government is discouraging its people to use crypto and they are thinking crypto is a scam so they let the people know that they should stay away from it and do not invest in it.
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August 23, 2018, 03:04:15 PM
 #336

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 opinion, you can always participate in some ICO project, no matter in which country you are. And whether crypto projects are banned or not in it. That is why governments do not like the crypto world, because it is very difficult to put it in line.

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August 23, 2018, 03:18:50 PM
 #337

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?

 im here in the PH and ico's are legal to transact and invite investors and be a part of the team. so, i think the government approved to used a crypto and every time we want to sell or to buy something needs. for a safe and better ideas.
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August 23, 2018, 03:25:57 PM
 #338

In my country, The cryptocurrencies not recognize is currency and do not use bitcoin or altcoin to make a transaction in real-life. Organizations are not allowed to trade or store digital money. i think the cryptocurrency will long time to be recognize in my country.

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August 23, 2018, 07:17:26 PM
 #339

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?

 im here in the PH and ico's are legal to transact and invite investors and be a part of the team. so, i think the government approved to used a crypto and every time we want to sell or to buy something needs. for a safe and better ideas.

One problem is that governments often do not like and do not want to recognize cryptocurrency, because each country has its own currency. The government recognizes crypto as a method of payment and affects money, taxes, and more
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August 23, 2018, 07:29:39 PM
 #340

in Russia there is still no clear concept of crypto currency, everyone is waiting impatiently, and there is also a gold rush)
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