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Author Topic: Is crypto legal in your country?  (Read 3504 times)
LickKing
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November 08, 2018, 04:09:38 AM
 #561

It is usually not legal to have a large population of countries. This way is very correct. They protect the people's property. But the trend of the world will make these countries gradually open their doors. No country can reject cryptocurrencies.

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November 08, 2018, 04:16:46 AM
 #562

In fact, most people don't care about crypto legal in country, because people always have a way to buy the token they want by using VPN, buying KYC, etc, and in most cases, as long as you send your money, those ico initiators are also very willing to sell their tokens to you.
This is not hard and does not prevent any transactions.

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pearcy jackson
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November 08, 2018, 04:25:09 AM
 #563

It's true sometimes KYC is difficult for us. but if in my country, participating in the ICO is my right, and the state gives freedom. so the state still allows but sometimes ICO Management does not accept it. because in my country Crypto can only be used as an asset.
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November 08, 2018, 04:28:33 AM
 #564

Encryption in my country is illegal, although I don't know the specific reasons, so most of my activities in the bounty activities need to go through VPN and other tools!

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November 08, 2018, 04:31:04 AM
 #565

In my country the apex bank authorities which is the central bank had made a pronouncement giving a stern warning on individuals that are involved in Cryptos this is inform of advice meanwhile this does not amount to outright ban any body that is involved does it at his or her own risk.

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November 08, 2018, 04:31:45 AM
 #566

The government of my country is still unclear in providing rules about cryptocurrency whether legalized or illegal because no one provides clear information in the rules. we are still a large community still waiting for the government's decision
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November 08, 2018, 04:32:17 AM
 #567

In my country, the law has some contradictions about the crypto regulations. ICO is strictly prohibited by the state, but Crypto is still protected by civil law and is recognized by law as a kind of “virtual property”, so when people When Crypto has a dispute, the court usually tends to think that Crypto is valuable, so this is indeed a very contradictory rule, usually depending on the judge's comprehensive judgment on the law and the case.
There are also a few judges who do not recognize the value of Crypto on the grounds of ICO illegality, but this is very rare. In my opinion, regardless of whether ICO is legal or not, the value of Crypto is objective, as if a country banned drugs, but Drugs still have "value", I understand it this way.
Whether an item has actual value is not related to whether it is legal or not,this is an economic attribute, not a legal attribute.

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November 08, 2018, 05:04:36 AM
 #568

Crypto is still not completely free in my country. but the country investment limited will not be responsible for things that happen. trade using crypto have not allowed because crypto still considers something not yet fully secure. but blockchain slowly began to be taken into account and will certainly overtake crypto also possible when it can be accepted.

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jonaire99
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November 08, 2018, 10:20:02 AM
 #569

My country did not legalized cryptocurrencies but the people is still allowed to buy and use it in any transactions. The people can freely participate in any initial coin offerings but it is planning to regulate local ICO to lrevent scams in the future. Some fintech companies are also doing business in one of the economic zones in the country. This means the government is fast becoming crypto-friendly.

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November 08, 2018, 10:23:49 AM
 #570

Yes. In Europe it is legal and it does not have any requirements yet. I am sorry for people from USA and China that are not allowed to take part in great ICOs. But on the other hand, they are protected form fraud projects as well.  Grin
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November 08, 2018, 10:31:19 AM
 #571

Yes it is yet it maintains its freedom. It is not that widespread yet but no one stops anyone from joining any ICO or use it for payments or transactions. in fact, there are already investors who had made it their business to incorporate bitcoin in enterprises and other businesses.
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November 08, 2018, 10:32:28 AM
 #572

In my country, so far there are no such restrictions, but the authorities still do not want to legalize either the ICO or the cryptocurrency!
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November 08, 2018, 10:38:15 AM
 #573

As far as i know Crypto in my owned country is not legalized but not banned. I mean that government not yet supported crypto but they  allow people doing with it. And i do hope that time comes crypto will be supported by the government so that poverty be solved by it.

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November 08, 2018, 10:39:30 AM
 #574

In the country where I live cryptocurrency is not prohibited and participation in ICO is allowed and a lot of projects that do not limit participation from our country.
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November 08, 2018, 10:40:44 AM
 #575

I am living in Germany and I have never heard of some restrictions regarding participating in ICO projects. Moreover, Germany is a very crypto friendly country, because you can buy a lot of stuff with Bitcoin, Ethereum and Litecoin already today.
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November 08, 2018, 10:44:13 AM
 #576

Currently my country is following a different model of application, it has not thought about crypto and crypto is not in it and it is currently underway. I think it takes a long time for my government to know altcoin and accept and spread more, now only a small part in this country I invest altcoin in quietly. Roll Eyes

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November 08, 2018, 10:47:17 AM
 #577

In China, encryption is not legal, the government suppresses encryption, but the blockchain, the government recognizes that the government has developed its own central bank cryptocurrency. For BTC, it is a similar asset.

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November 08, 2018, 11:19:54 AM
 #578

I am living in Germany and I have never heard of some restrictions regarding participating in ICO projects. Moreover, Germany is a very crypto friendly country, because you can buy a lot of stuff with Bitcoin, Ethereum and Litecoin already today.

I find that most western countries have no bans on crypto and Bitcoin. However, they have not yet issued laws to combat crypto-related scams such as my country of residence. That is one of the hindrances to this market
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November 08, 2018, 11:27:30 AM
 #579

cryptocurrency is not legal, but it will gradually enter the country's economy over time

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November 08, 2018, 12:22:36 PM
 #580

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 laws or official decisions to ban cryptocurrencies. But, unfortunately, there are still no official recognition of crypto by the state. Therefore, there will be no penalties for using crypto. But the possibilities for working with cryptocurrencies are quite limited here.
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