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Author Topic: Is crypto legal in your country?  (Read 3504 times)
Flor1982
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August 27, 2018, 11:44:52 AM
 #361

Our country is in neutral mode in which we enjoy earning Bitcoin without tax. I believed this was due to our current government are very busy with their political careers for both local and international exposure and that its why they don't have the time to review the crypto currencies issues but this is better because its favor all Crypto currency enthusiast because of free of tax.
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August 27, 2018, 11:45:47 AM
 #362

It is unfortunate that cryptocurrencies are banned in our country because cryptocurrencies are not controlled, and if not banned, may affect the entire economy!

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August 27, 2018, 11:46:38 AM
 #363

In my country there are no restrictions and was allowed by the Central bank though there were no legal laws created yet about this unless it can be categorized as electronic currency. But overall it is allowed there are companies using crypto that are allowed to operate.


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mapanlah
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August 27, 2018, 11:48:46 AM
 #364

for now there is still no response from the government and this may be a development if there are many successful investors from my country, but now new projects have been formed from my country.
camperous
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August 27, 2018, 11:49:09 AM
 #365

Crypto is considered illegal in my country, even policemen harrass you if they know you do it
edulord
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August 27, 2018, 11:49:31 AM
 #366

Although crypto is not legal in my country and it is only few people that use it but I believe because of the very good potentials that crypto has and the more it grow, in future it will be accepted by all countries and be use as means of exchange for goods and services.

 
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Milamol
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August 27, 2018, 11:50:02 AM
 #367

In my country, the government has no obvious relationship with crypto. We can work with crypto-currencies. They are concerned about how to enrich themselves at the expense of nation, while remaining unpunished. I think that when cryptocurrencies will widely used in developed countries, some decisions will be made in our country Grin.

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August 27, 2018, 11:54:14 AM
 #368

the crypto currency has not been legal in our country Sad because of the people who scam many people so our goberment does not accept the crypto in the country, it is difficult for people to enter the crypto because they can be charged and jailed for a long time.
FrosyaBulatova
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August 27, 2018, 11:55:19 AM
 #369

In my country, the crypo-sphere has not yet been legalized, but the government plans to do so next year. There are many restrictions planned, and we will not be able to deal with cryptocurrency just like that - we will pay taxes. This fact makes me very upset.
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August 27, 2018, 11:57:27 AM
 #370

No, to a great extent, crypto-currencies today are not legalized completely, but they are treated neutrally, as if you can go and just buy something, I think that this is exactly what I'm comfortable with in order to use crypto-currencies
KINGCHACHA1
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August 27, 2018, 12:08:03 PM
 #371

Cryptocurrency has not been official declare as approved currency in my country but it is not a crime to carryout transaction with individual or company using bitcoin. It is a personal business and a personal risk.
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August 27, 2018, 12:10:51 PM
 #372

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 mate, our country  don't mind us if we are participating in any ICO. Cryptocurrency is legal nor illegal in our country. We can still participate in any  ICO projects and some of the businesses in our country accept bitcoin as a mode of payments.
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August 27, 2018, 12:14:10 PM
 #373

No, to a great extent, crypto-currencies today are not legalized completely, but they are treated neutrally, as if you can go and just buy something, I think that this is exactly what I'm comfortable with in order to use crypto-currencies

Only in a few countries, such as Japan, cryptocurrencies ca be used as legal tender. In most countries this cannot be done, and in some countries cryptocurrencies are completely banned. So you can't pay them in the store, but even store them in your wallet! At the moment, most countries are skeptical about cryptocurrencies, despite general allegations of loyalty to cryptocurrencies. Undecided

entrepmind23
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August 27, 2018, 12:31:52 PM
 #374

No, to a great extent, crypto-currencies today are not legalized completely, but they are treated neutrally, as if you can go and just buy something, I think that this is exactly what I'm comfortable with in order to use crypto-currencies

i would rather that our country treat it neutrally because I would assume that they do not ban it. I can say it is deemed legal because they do not clearly declare that it is illegal so use it. In fact, they have grant some companies licenses to operate that are involved in cryptocurrency so it would mean that they are not against it so I am thankful for that.

Only in a few countries, such as Japan, cryptocurrencies ca be used as legal tender. In most countries this cannot be done, and in some countries cryptocurrencies are completely banned. So you can't pay them in the store, but even store them in your wallet! At the moment, most countries are skeptical about cryptocurrencies, despite general allegations of loyalty to cryptocurrencies. Undecided

Unfortunately, many countries are still skeptical about it but then time may come that they may open their countries to cryptocurrency if they can see that other countries are reaping the benefits from it. As long as we can use it openly, then we should just use it so that it can gain more exposure to that may lead to mass adoption.

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August 27, 2018, 12:39:30 PM
 #375

Yes there are some countries why cryptocurrency are actually ban and I think this is very bad but in my country cryptocurrency is thriving and I think gradually the whole world would  accept it
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August 27, 2018, 12:45:36 PM
 #376

Yes there are some countries why cryptocurrency are actually ban and I think this is very bad but in my country cryptocurrency is thriving and I think gradually the whole world would  accept it
Although crypto un my country not accepted yet but still we can operate because they have positive thoughts in crypto which is opportunities here, there are some restau already transacting crypto as a payment so I think it has a good potential in a future to be accept as a legal.
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August 27, 2018, 12:48:42 PM
 #377

what I feel now for crypto is still legalized for trading and investment in a project, something that is banned in my country is to use crypto for payment facilities when buying goods or something
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August 27, 2018, 12:51:25 PM
 #378

Yes there are some countries why cryptocurrency are actually ban and I think this is very bad but in my country cryptocurrency is thriving and I think gradually the whole world would  accept it
Although crypto un my country not accepted yet but still we can operate because they have positive thoughts in crypto which is opportunities here, there are some restau already transacting crypto as a payment so I think it has a good potential in a future to be accept as a legal.
There are several times that crypto already news in my country and the feedback are positivity ,there are governments officials involve in crypto which they produce there owned coin in ICO so I think it has possibilities to be granted.

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August 27, 2018, 01:05:34 PM
 #379

Yes there are some countries why cryptocurrency are actually ban and I think this is very bad but in my country cryptocurrency is thriving and I think gradually the whole world would  accept it
Although crypto un my country not accepted yet but still we can operate because they have positive thoughts in crypto which is opportunities here, there are some restau already transacting crypto as a payment so I think it has a good potential in a future to be accept as a legal.
There are several times that crypto already news in my country and the feedback are positivity ,there are governments officials involve in crypto which they produce there owned coin in ICO so I think it has possibilities to be granted.
Well in case here in our country it is not announced as legal tender but not also announced as banned. However, I have a both perception about it which I am positive with this of course less tax however it is not always favourable due to economic treatment about which makes it left behind in the society.
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August 27, 2018, 01:11:17 PM
 #380

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?

I guess it is. But the government doesn't picking an eye here too much about bitcoin . They just regulating the use of bitcoin, in order to avoid scam incidents. Participating an ICO, well, I guess it is legal. But even though it is legal here in my country people are still doing those kind of deceving stuff because of too much greed. Because of too much thirst in earning money. That they are willing to drag down other people. So, even though it is regulated those bad people are still there doing those evil things.
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