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Author Topic: Is crypto legal in your country?  (Read 3528 times)
Olaiasal11
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November 03, 2018, 10:07:10 AM
Last edit: November 03, 2018, 11:01:32 AM by Olaiasal11
 #501

I do not know why, the many countries government  have banned crypto currency in their country. Where most of the countries around the world have validated Bitcoin. They do not understand anything!
around world Many of the big companies in the country are working with blockchain technology. I think the countries that are banned in Bitcoin can not acquire knowledge about this crypto currency, they can not take it well and they will be far behind in the future.
ligerti
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November 05, 2018, 04:36:40 AM
 #502

In my country, investing in the crypto market and participating in various ICOs is a completely legitimate decision. I had no problems working with KYC. It is nice that in my country there are very inexpensive electricity tariffs, so many people are engaged in mining.
Dima95
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November 05, 2018, 04:42:33 AM
 #503

It is not illegal. My country doesnt have any working laws for crypto and because of that there are a lot of random problems

skylar
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November 05, 2018, 04:50:19 AM
 #504

in my country participating in some ICO is not ilegal things, it is just like use at your own risk decission for making investment. But sadly cryptocurrency is still ilegal for daily payment tool, this is like the challenge for make crypto mass adoption more even harder in here.
Seeker#9
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November 05, 2018, 05:36:06 AM
 #505

Some countries like the United States doesn't allow its citizens to participate in the ICO but you can still buy cryptocurrencies or tokens from the exchanges. In my country, there is no government restrictions on participating in the foreign or local ICOs but the local SEC have already imposed rules on every business group that are planning to launch ICO in this country. Bitcoin is not yet legalized here but people are free to use it in their online transactions
Alisha FR
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November 05, 2018, 05:42:20 AM
 #506

I live in Indonesia, my country does not legalize Cryptocurrency and does not ban Cryptocurrency, so our country will not be considered for the ICO, Indonesia as one of the developing countries has now used many altcoins today, such as frasindo, etc.

Kelvinovie2
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November 05, 2018, 05:46:26 AM
 #507

Here in Nigeria the gov don't even know much about crypto, they don't have time for things like that, so crypto is neither illegal nor legal but a crime in crypto cannot be rule in court since the judges cannot give any verdict on it, CUs its not in constitution.
Nivia1st
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November 05, 2018, 05:52:51 AM
 #508

for now crypto has not been banned, but until now there are no regulations that guarantee that crypto is legal. so it could be that crypto will disappear from my country someday.

Xiaolongnu
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November 05, 2018, 05:53:04 AM
 #509

As in my country cryptocurrency is an asset, it is not a currency, people in my country can trade, buy, sell, hold cryptocurrency as an asset, people is not allowed to use crypto as a currency. There is no law or legal framework for ICO in my country yet.
darefreads
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November 05, 2018, 06:03:46 AM
 #510

I can't say it was legal here in my country because some of the currency that are listed in a local currency app that I use to convert my currency to a my local currency. And it was really kinda cool that our government are just monitoring it how it goes in our country and it can really give us a extra income for our daily needs.
cewekimut
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November 05, 2018, 06:34:34 AM
 #511

In my country it allows people to participate in Cryptocurrency. It's just that this Cryptocurrency cannot be used for payment instruments. Even so, in my country, there are many people who know Cryptocurrency and they also trade these digital assets. They know that this is a very good opportunity to get big profits.

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Happy Miner
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November 05, 2018, 06:34:54 AM
 #512

It seems to me that the question of cryptocurrency legitimization is not relevant today. There are few people who want to pay using Bitcoin for goods and services. And there are even fewer stores, in which the cryptocurrency will be accepted for payment.
jack long
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November 05, 2018, 06:43:59 AM
 #513

In my country cryptocurrency has been widely known for a number of years, and many have also invested in crypto, of course, they know that investment in crypto can provide them with more and more income, I am sure there will be more investment in crypto

dizzy1996
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November 05, 2018, 06:51:38 AM
 #514

Now many countries are eyeing cryptocurrency as an alternative to conventional money, there are also a number of countries that introduce it into their financial system, in general, cryptocurrency has a positive effect on modernizing the financial system of any state, as it seems to me that after a couple of years will reach

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chokinghazard
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November 05, 2018, 07:09:30 AM
 #515

Hello guys! I met these team of people and their ICO is really great. They recently launched their pre-sale and there's a 5% bonus! Check www.nexxo.io if you are interested!
Dewar Noise
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November 05, 2018, 07:40:13 AM
 #516

because there is no official ban from crypto, so I think crypto is permitted in my country, yet from the beginning I was involved in the crypto world until now I have participated several times in ico that needs KYC and is fine until now. but there are also those who have told me if anything about crypto is banned in my country, but if it is forbidden for sure, the KYC that I submitted will not be accepted by the ico development team that I joined.
3lyntmy
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November 05, 2018, 01:08:49 PM
 #517

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?

nope, still in grey area now  Embarrassed
kjn311
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November 06, 2018, 09:42:59 AM
 #518

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, crypto is not yet recognized by the government. Although this does not prevent many investors from constantly working with Bitcoin, Ethereum and other reliable cryptocurrencies. I very much hope that in the coming years the position of the government will change, because the recognition of crypto will be a very useful decision for our country.
S[m]OKE
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November 06, 2018, 09:47:56 AM
 #519

I still have no problems with KYC. I am a citizen of the Russian Federation, and we have no problems with the passage of KYC. While there are no problems, let's see what happens next. Grin

futureofeth
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November 06, 2018, 09:50:50 AM
 #520

No, my country is not showing any interest towards the cryptocurrency because they find there are many fake coins circulating in the market and it damages our economic growth. My country is showing interest towards the blockchain but not with the cryptocurrencies.
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