Is crypto legal in your country?

[Riki31]

First, my country allows to participate in ICOs, but cryptocurrency is not accepted officially. The only country that has rigid rules as for participating in ICOs is the USA. And as the SEC control strictly this process with startup, so the KYC is one of the mechanisms to control the process.

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[myhollymamy]

I'm from Kazakhstan. We have an unclear situation with cryptocurrency now, as well as in many other countries.
It is not legalized and at the same time it is not considered illegal. At the moment it is neither here nor there.
I think, our country has not yet decided whether it needs it or not.

[Fritz93]

In my country, cryptocurrency and participation in ICO is not prohibited by law. But I try not to advertise it. If possible, I avoid sending personal data, etc. Unknown what will happen in the future

[mksundip]

in Indonesia, the crypto community is developing very fast, and even they are the most busy country in southeast asia, but the government still bans crypto as a tool for transaction

[vigmar]

I’m a Russian citizen, and, strangely enough, there are no restrictions on cryptocurrencies and ICO in my country. Apparently, the government hasn’t got to this question yet.

[namcunguyen]

In my country, crypto is legal. However, to avoid scammers, the government issued many laws to punish those guys and protect for investors.

[jcmansah7]

I cannot really say because there has not been any official announcement on the ban of crypto by the government. In the mean time there are crypto based traders that are established in this country that trade in crptocurrencies and fiat currency. The two established crypto trading platforms in Ghana and they are Cofred and Ecurrency4u.

[RohitMalhotra123]

At that time Crypto currency is not legal in INDIA, But maximum people moves in digital technology in place of cash payment. Indian government also trying to come in cashless technology. In 2019, If Modi Government again repeat There is a lot of chance to start digital currency in India.

[Wind_Crypto]

depends on which aspects, there's no regulation against crypto per se, but there's clear guidelines and rules to mitigate the illegal use of crypto in aspects such as money laundering...

[dicaprio]

Unfortunately, today the legitimacy or legitimacy of cryptocurrency in my country is not established categorically, I think that all the same very soon the guys from the government will come to their senses and approve some opportunities for cryptocurrency.

[Bangjull]

In my country cryptocurrency is still illegal, but it is not prohibited if someone wants to invest. the state only warns if there is a loss of investing in cryptocurrency, it must bear its own consequences

[dearbesz1219]

In my country is almost everything legal if you pay taxes  . I do not understand why many goverments are so negative about crypto, they should allow crypto trading or using and they should start collecting taxes from it because they can earn a lot by collecting taxes from crypto profits.  

[Viper_Unleashed]

Still the governing bodies did't gave a notifications and had banned institutions/banks from participating in trade involving crypto.We all know crypto is still in its early phase,we have came only 10 years after bitcoin first came into existence so there is still a long way to go.Though p2p trades are being carried out and it will be like that only until any notifications or regulations comes around.Many countries have already adapted to crypto and are very crypto friendly nation supporting blockchain technology.The only problem lies here is mass adoption,once the mass adoption starts things are definitely going to change for good.Still it is considered as mere asset.

[bittick]

Still the governing bodies did't gave a notifications and had banned institutions/banks from participating in trade involving crypto.We all know crypto is still in its early phase,we have came only 10 years after bitcoin first came into existence so there is still a long way to go.Though p2p trades are being carried out and it will be like that only until any notifications or regulations comes around.Many countries have already adapted to crypto and are very crypto friendly nation supporting blockchain technology.The only problem lies here is mass adoption,once the mass adoption starts things are definitely going to change for good.Still it is considered as mere asset.

Not really "many" though most of the country that are crypto friendly toward bitcoin is either a well developed country that has advanced its technology into its peak of the time being or a country that can't rely too much to its local traditional currency resulting the citizen to forcefully moving into a better option of wealth saving.

[Kamidzy7]

In our yet,only here you want to the end of the year to make laws,but not the fact that will take,as there are a lot of nuances,so to speak 2 different currents,who want them to have a more soft and best for the market,and there are Lobbyists in the form of certain bans and so on,who want tougher laws so they can control things,and all duratip od their control,to be in charge of the entire system

[unbotak]

crypto in my country has not been legalized but the government also does not prohibit it, except that the government does not allow to buy or pay for anything using crypto.
but I am sure that in the future my country will legalize crypto because crypto has been known and liked by many people in my country and there are some people who promote crypto legality in my country.

[Gumpfire]

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?

There are no issues in my country that it is illegal to participate in ICOs and submitting KYC because in my country our government do not consider cryptocurrency as an illegal activity, even a lot of people are complaining and became a victim of scam.

[ubercool]

Most of the countries dont even know the difficulties of running an ICO or have any regulations on them to take investments in a secure way. Many countries have just put a ban on ICO's right now and its hard to make an ICO now.

[ndico]

Yeah sure in my country in Africa cryptos are not been related and the government have not taken any actions on cryptos either have they commented on it, as a matter fact cryptos in my country is still known by few.

[Lynks]

I hail from Nigeria and crypto is legal here.  We hold crypto conference and seminars here and we participate in KYC without restrictions