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Author Topic: Is crypto legal in your country?  (Read 3504 times)
Iambatman
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September 02, 2018, 03:08:07 PM
 #421

In my country its not illegal and not legal too but they have a plan that they are going to legal it soon they have a lot of expection in blockchain and they want to know it
mobireal
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September 02, 2018, 03:14:01 PM
 #422

In my country cryptocurrency is legal and everybody know about it but i don't think it will last long why because a lot of people are using in the name of crypto to scam people.
sangalangdavid
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September 02, 2018, 03:18:33 PM
 #423

Yes! Crypto is legal in our country and many of my friends are using it, including me, and we are earning together. We are so grateful that crypto is not banned and illegal here.

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riso2015
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September 02, 2018, 03:18:48 PM
 #424

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 cannot say that it's legal but our country does not restrict the use of it. They have shown their support through releasing some safety about investing in crypto and I think that's a confirmation that they are not against the use of it. The banks are also gaining benefits as more and more people invest in crypto as they convert it into fiat.
It also happened in my country, Indonesia. Using crypto as an investment is not forbidden, but they forbade us to do not use a crypto as means of payment when the transaction of buying and selling. So Crypto is legal in my country, but just for investment.

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jankekek
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September 03, 2018, 10:43:07 AM
 #425

Yes ! Using cryptocurrencies here in our country is very legal in fact, there are too many crypto users, investors, traders and companies which having their own cryptocurrency here in our country. But there are still some people here who don't know what really crypto is, they always saying that everything that had investments are scams , i think they always saying it because of the influence of TV News.
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September 03, 2018, 10:46:30 AM
 #426

In my country, they don't say whether encryption is legal, but they also don't consider it illegal.

But the government will not be liable if investors have any disputes or losses. So I think KYC is only for investors.
sarasofrup
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September 05, 2018, 07:04:30 PM
 #427

Crytocurrency is not an area that people really have their focus on, as a result of that, it is not exactly legalised in the country, but neither are the country's rules against it. I think that with time, with all of the growth that will be happening soon in the cryptocurrency industry, it will be greatly accepted in my country and people will begin to see the light in it.
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September 05, 2018, 07:08:58 PM
 #428

Crypto will meet a global patronage some time to come when the governments and the people get to understand the real and beneficial concept of crypto and how the Blockchain technology can be utilized to enhance the economy of a country. My country still remains neutral about crypto and I believe it will adopt it soon.

Zeke_23
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September 05, 2018, 07:33:01 PM
 #429

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?
actually there is no permission needed in our country before we can participate in ico, cryptocurrency is legal in our country, so as long as it is legal, there is no need for that.

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pochinkin_77
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September 05, 2018, 07:35:30 PM
 #430

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 it is hard to say for sure i saw some shops that accept payment in cryptocurremcies but i do now think tht our government is happy about it
patimahsunda
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September 05, 2018, 07:38:13 PM
 #431

Crypto is not legal in my country. The government has warned about the risk of cryptocurrency. But there are some people who still use it like me. I don't care because I believe that crypto will grow and become popular. So I don't want to be late if I have to wait to join. And my country does not allow to invest in ICO.
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September 05, 2018, 08:10:41 PM
Last edit: September 05, 2018, 08:20:46 PM by Argoo
 #432

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
I do not understand the reason for your concern. In Ukraine, though, about four draft laws on the crypto currency have been submitted to the Verkhovna Rada for consideration, but so far none of them has been reviewed and adopted. By the way, all bills are very good for the circulation of the crypto currency, and one of them - introduced by the relevant committee, provides zero tax rate. There are no bans on participation in the ICO in Ukraine. Moreover, in September-October last year, the Ukrainian ICO was held under the name of UANPAY, in which he participated as a member of the ICO team, or simply its patron, the current Prime Minister Groisman and former employee of the National Bank of Ukraine Kubiv. The Tokens of this ICO, however, do not have significant success, but the project is developing. Therefore, in Ukraine there are no obstacles for participation in the ICO campaigns.
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September 07, 2018, 10:10:40 AM
 #433

Yes, here in my country cryptos are legal (Hungary)
Hecquyn
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September 07, 2018, 10:27:51 AM
 #434

My country prohibits transactions related to cryptocurrency. This does not prevent many people from entering the cryptocurrency but they are at risk of breaking the law.
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September 08, 2018, 10:53:56 PM
 #435

Difficult to say something because it is both legal and illegal at the same time, now laws are released regarding it lately. I don't like this situation but at least no one force me to pay taxes at least.

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September 08, 2018, 10:56:32 PM
 #436

Yes, cryptocurrency in our country is widely accepted. We as a 3rd world country does not ban cryptocurrency since we as developing country can benefit in cryptocurrency trade.
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September 08, 2018, 10:58:22 PM
 #437

I guess only few countries legalized cryptocurrency in their countries but my country is one of the countries where cryptocurrency is not accepted as a means of payment.
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September 08, 2018, 11:00:06 PM
 #438

We don't have any official statement making our country one among the country providing legal support relative to cryptocurrency usage. Now all that we feel comfortable is that our country hasn't made any plans of banning or opposing cryptocurrency which is always a good support for Cryptocurrency users. Hope this will continue forever.

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September 08, 2018, 11:18:38 PM
 #439

In my country, until now there is no legal permission for accessing and using cryptocurrency. But all this does not prevent the public from continuing to use crypto. They certainly are not afraid of government restrictions, because, for them, they use crypto on the right track where crypto is used for positive things and the results are also beneficial for both parties.

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September 08, 2018, 11:22:05 PM
 #440

in my country ico or crypto is still considered something foreign, some say it's legal and some say it's illegal, but in recent months there has been a discourse from the government of my country to regulate the development of cryptocurrency in my country. I think this includes something positive about all cryptocurrency activists because the country has begun to pay attention to this.

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