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lehnelora
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November 25, 2018, 06:11:36 PM |
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Crypto in my country has not been validated for various reasons that can have a negative impact on the country. But in my country, many people already know about this digital currency technology. And many of them also become investors because investing can provide many benefits. And when doing KYC for investors there is also no problem and accept.
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Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Soberb
Jr. Member
 Offline
Activity: 276
Merit: 1
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December 01, 2018, 03:30:50 PM |
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No it is not legal in my country to involve in cryptocurrency, let alone participation in ICO. Anyone found involved in cryptocurrency and crypto-related activities is jailed or fined. But the law of my country will be flexible on the issue with time, as cryptocurrency is our future and it will make us independent of hassles banks impose in transaction and other banking activities.
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Viper_Unleashed
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December 02, 2018, 12:36:34 PM |
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Legality is just a concept and still people are having debates each day about possessing crypto as an offense.People are now thinking out of the box of converting crypto to fiat and vice versa.There is absolute ban on the banking sector so people have the only means to operate p2p to get their crypto liquidated and the scenario has been pretty pathetic.Moreover every day new problems,hcks,security issues arises.So unless a government can create its own system/infrastructure fo safeguarding the money of its people it will never allow the crypto to be legalized.Because then government will be solely responsible.It will take few years to attain that state.
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Priyank9871
Newbie
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Activity: 54
Merit: 0
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December 02, 2018, 12:45:42 PM |
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In my country crypto is not legal nor illegal.. we are waiting for the court decision,
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kiwoh123
Member
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Activity: 309
Merit: 10
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December 02, 2018, 01:06:56 PM |
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No cryptocurrency is strictly prohibited in my country, I think the government is afraid that if the legal cryptocurrency here will have an effect on the country's currency and will make the value of my country's currency go down.
I can invest in ico but I can't buy some stuff with cryptocurrency here.
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Ngoziwealth
Jr. Member
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Activity: 54
Merit: 1
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December 02, 2018, 01:14:08 PM |
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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?
Its not illegal to participate in ICOs in my country. There is no law at the present outrightly banning citizens from participating, the government is rather playing a protective role, warning citizens to steer clear anything crypto, blockchain or ICOs to avoid losing their investments. |
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Reinz12
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December 02, 2018, 01:17:56 PM |
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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 invest in ico or crypto is not illegal in my country, but indeed there are rules that bitcoin is not a legitimate payment instrument except our country's currency. KYC is also done to avoid fraud that happens a lot but be careful to give your data if you are not sure about the project |
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coinsycrip09
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December 02, 2018, 01:18:17 PM |
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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 is still no law that stipulates prohibiting or accepting crypto, so our citizens can still become a participant in cryptocurrency. |
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hrunya102
Member
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Activity: 546
Merit: 11
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December 02, 2018, 01:20:45 PM |
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My country does not prohibit participation in the ICO, but it certainly wants to get its piece of cake from the profit that I get.
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ambcoin
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December 02, 2018, 01:23:12 PM |
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In my country Crypto is yet to be regulated but it is not illegal here.
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hicaribou
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December 02, 2018, 01:26:55 PM |
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In my country (Indonesia), we can only use or the only currency allowed is Indonesia Rupiah (IDR) for every transactions.
Well , exchanging cryptocurrency to IDR is still allowed here and we have a local crypto exchange called Indodax.
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twa
Full Member
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Activity: 320
Merit: 100
BitSong is a decentralized music streaming platfor
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December 02, 2018, 01:39:11 PM |
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Cryptocurrencies in my country have not yet been fully formalized as official currency and are used even by the government banning transactions using crypto currencies directly
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kiemnhieutien
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Activity: 490
Merit: 17
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December 02, 2018, 01:50:01 PM |
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In my country, cryptocurrency is legal as a digital asset, residents are allow to invest in ICO and there is not a barrier of cryptocurrency and ICO. Using cryptocurrency as a currency is illegal.
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Vika0170
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December 02, 2018, 01:53:31 PM |
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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 our country, everything is not very clear on the cryptocurrency, can not decide on anything, there are simply no laws on this matter, so I can not say anything about the future development of cryptography in our country, but I hope that they will make the right decision on this issue. |
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Tervelatuk
Member
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Activity: 636
Merit: 11
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December 02, 2018, 01:56:05 PM |
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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 our country, everything is not very clear on the cryptocurrency, can not decide on anything, there are simply no laws on this matter, so I can not say anything about the future development of cryptography in our country, but I hope that they will make the right decision on this issue. they will make correct decision about cryptocurrency future.its not only about bitcoin but there is more important thing .blockchain adoption in any field could be ver y usefull if implemented.and it need goverment policy. |
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dreico
Member
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Activity: 448
Merit: 10
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December 02, 2018, 02:09:05 PM |
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in my country there are no clear laws on cryptocurrency and it is rumored that the government is considering everything connected with it, but so far this has been limited only to rumors
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Ranly123
Full Member
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Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
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December 02, 2018, 02:09:45 PM |
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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 yes, there is no restrictions as to where you want to invest your money as long as it does not compromise other people. What I mean is crypto is not illegal yet it has not been announced as legal. So it is just like a freelance over here. |
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kawetsriyanto
Legendary
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Activity: 2226
Merit: 1086
Free Bitcoins Every Hour!
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December 02, 2018, 02:11:53 PM |
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No clear information about legalization in my country, but there is no prohibition to participate in ICO. If someone wants to participate in ICO, he can do it whenever. I hope there is no prohibition in our country in the future.
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Denreal
Jr. Member
Offline
Activity: 784
Merit: 6
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December 02, 2018, 02:26:21 PM |
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There is no law whatsoever, restricting investors from participating in ICO in my country. Although, sometimes people are warned to be care of what to invest in, because not all ICOs are genuine.
We are preparing for election in my country and the presidential candidate vying on the platform of another party, was telling electorates how the government can utilize cryptocurrency for further developmental processes.
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EmJay
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December 02, 2018, 02:30:41 PM |
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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?
Yes,crypto in our country is legit and being supported by the government so I am allowed to participate in ICO. I also joined in a bounty where I did my KYC before I can recieve my reward. |
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