Will bitcoin in Southeast Asia be legal?

[domains4]

I think there will be a time when every country will accept bitcoin with high appreciation. In Southeast Asia, Most of the countries are developing the country or under developing country. There have many problems. And bitcoin has no Tax fee, That's why maybe governments are thinking that Bitcoin will harm their finance system. But one day, they will accept bitcoin and then they become a developed country, I think.

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[iyay]

Each country will adopt it's own position and legislation with regard to Bitcoin and crypto in general, this will depend on whether it is a democracy or not. All will want to protect their own interests and that of their citizens.

Southeast Asia has embraced crypto far more enthusiastically than most regions and will probably continue to do so.  

[kwendy]

well, there are many countries now who accept the crypto currency, and as we observe there are many countries who are also interested on it, no doubt that this will be accepted and become legally not only on the Southeast Asia but all over the world.

[AlvinJetton]

Bitcoin has been legalized in countries, Singapor,Malaysia and a few other South East Asia Countries. Countries like India are still trying to regulate it because, they are afraid of a decentralized system, where they won't be able to impose any tax or charge. Therefore, Legalizing BTC, is of great interests to many countries now.

[Moiyah]

Who knows? If the government of each country sees bitcoin in an optimistic way in which it aids the economic growth, then I guess it is possible that Southeast Asian's country may legalized bitcoin. We'll never know.

[Sweetyeds84]

There are some place that not accepting bitcoin in asia but some of the country are already accepting bitcoin just like japan amd korea they are accepcting bitcoin and even in philippines bitcoin is using in some remitances also.

[DanielJacob]

Bitcoin is already legal in some South East Asian countries like, Singapore, Philippines, Malaysia. Countries that haven't legalized BTC yet are mostly trying to regulate it, like India; the government wants to get a hold of BTC, because, they are afraid of a decentralized system like this where they won't be able to impose any tax or charge.

[ansarose1]

I think there will be other way such that the bitcoin can be legal not only in some countries in southeast asia but in the whole country, let us just be positive and make our own job to be able to let the bitcoin be freely legal globaly.

[Edi86]

it seems for now there has been no ban or bitcoin ban in southeast asia, so it embraces me we just take the bitcoin that exist today. if later there will be a ban or legality will certainly bring a big negative impact for bitcoin players. because I'm sure there are millions of bitcoin players in the Southeast Asian region

[jane05]

I think no, because Southeast Asia is really strict in bitcoin but some country there are accepting bitcoin as a payment.

[Hoho29]

I think first countries will legalize bitcoin will be modern EU specially Switzerland then Russia side follow in a second place . Southeast Asia or Asia in general will take last place .

[adjong]

for my knowledge yes because I can not hear that bitcoin is forbidden in south eastern Asia. we are here in the Philippines because bitcoin is legally legal. bitcoin has helped us greatly because we have many of them do not have the right job because bitcoin is hoping the poor will reach their dream with bitcoin.

[Apiapik]

there is a possibility for most people there to have limited internet service or have the knowledge of bitcon or fight for their rights as did India. However, I believe Vietnam, Thailand, and Peninsular Malaysia already use bitcoin as in other developed countries.

[Noyon445]

At this time not all countries but in future all countries will give license for crypto currency and makes it legal.Some South asian countrys already legal bitcoin.So don't lose hope.All of country of south asian will legal bitcoin one day

[kiboloves]

I think the recent Southeast Asian market is positive, although bitcoin has not been legalized in most countries, but we see people in Southeast Asia have a high enthusiasm for bitcoin, I think Southeast Asia will be a key area for the development of the bitcoin community.

[Gibsonlda]

southeast asia is dominated by developing countries, only developed countries have thought about the legality of crypto, especially bitcoin, developing countries only appreciate when conducting regular research.

in this case some countries have begun to allow startup / fintech crypto to operate actively, and even Indonesia already has an official blockchain association, but they are not in a position to allow bitcoin as a legal tender due to various aspects that have not yet complied with their economic sovereignty.

[Falmera]

Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).

Will the impact be positive or negative?

The movement of market price of bitcoin is just fine though there are some of the countries in Southeast Asia that do not legalize bitcoin. I think it will be just okay though bitcoin is not legal.

[jcojci]

we can wait for this is happening in the next year or the next two year and this is possible for southeast asia make bitcoin as legal. but I don't think that bitcoin can be a new currency in the short time because it will need more things to be set and the government still not ready for this. we can hope that soon after bitcoin is legal in southeast asia, the government from each country will make bitcoin as a new currency too.

[prabowo499]

Because to my knowledge there are several countries in southeast asia that have not legalized bitcoin. And what is our endeavor for bitcoin in southeast asia to be legal like any other country (which has legalized bitcoin).

Will the impact be positive or negative?

Indeed in ASEAN bitcoin banned any form, to open the block it is very difficult. There should be 80% who agree that bitcoin is legalized from the total population in ASEAN, if not many have been interested in increasingly blocked our access the bitcoin hunter to work in the world of crypto

[Raiden0729]

I just know one nation that has managed Bitcoin somehow and that is Philippines. You can legitimately exchange cryptographic money here now and that there are lawful trades that enables financial specialists to put resources into Bitcoin and some known digital currency. I'm really from the Philippines and I can state that the market here is awesome. All things considered, just a segment of our populace here knows Bitcoin however it is being exchanged now in neighborhood stores and a few machines here. I think sooner rather than later, an ever increasing number of nations will sanctioned Bitcoin.