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Author Topic: Will bitcoin in Southeast Asia be legal?  (Read 4547 times)
BitcoinMoses
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December 25, 2018, 07:54:15 PM
 #621

Satoshi Nakamoto is working out to make Bitcoin a legally tendered digital currency for South East Asian Countries.

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Anil.N
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December 25, 2018, 08:55:56 PM
 #622

Bitcoin in Asia are now becoming very rampant and people are running towards its idea. For now I think many countries has understood how btc is and how it works. It will be accepted and made legal in no time.
anaumar
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December 25, 2018, 09:52:03 PM
 #623

with the increasing number of legacies occurring throughout the world regarding bitcoin, of course it will have a good impact on everything from the bitcoin reputation to the price of bitcoin will start good

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kogozer714
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December 26, 2018, 02:59:35 AM
 #624

I think bitcoin in the Southeast Asia area may be only partially legalized, but I'm sure maybe in the near future, Southeast Asia will legalize Bitcoin, and the existence of Bitcoin will be an addition to the income of the community in a country, especially in Southeast Asia.
bayu7adi
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December 26, 2018, 03:13:52 AM
 #625

how big is the SEA market in cryptocurrency circulation in this world?
in my head, SEA didn't really have a big influence on cryptocurrency, even some countries in SEA reported that they were neutral towards cryptocurrency,
even if all countries in SEA legalize cryptocurrency, I feel that the positive impact that will be received by the world is not so great, because the economic power of crypto in SEA is not as strong as that of China or America.
Malam90
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December 28, 2018, 04:08:20 AM
 #626

In SouthEast Asia, maximum countries banned Bitcoin and Crypto. As a citizen of Asia, i expect that with the increasing popularity of Bitcoin and crypto, most of the countries will oneday favorable for and make legal when they understand the real utility of crypto to cope with the advanced world.
Marina5
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December 28, 2018, 08:46:45 AM
 #627

Day by day people are going to see their interest on Bitcoin. Though some countries are not announcing Bitcoin as their legal currency but with in short time hopefully Bitcoin will be acceptable all over the all. We should wait for this.

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Janation
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December 28, 2018, 08:57:07 AM
 #628

I am afraid, it might take too and too long, especially, when government is run by ignorant control freaks.

Might take too long? Why is that?

I live in the Philippines and Bitcoin is not banned ever since I started investing on it. It's been years and our country is so supportive about the legalization of it in the past year. Though there are some warnings about it, I don't think people will be using their Bitcoin for the purpose of doing crime as there are a lot of people being caught buying illegal things online using Bitcoin.
satosibtc1000
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December 28, 2018, 11:17:11 AM
 #629

I think that the time will come when all countries of the world legalize bitcoin not because they want but because Bitcoin is a free currency that does not depend on any state. Bitcoin is controlled only by Internet users and will be used in any case. I think that in the near future bitcoin will be legalized in Southeast Asia.
dupee419
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December 28, 2018, 12:28:28 PM
 #630

Probably it will apply mixed opinions, some will be positive and some will be negative, there are countries in Asia that has legalized Bitcoin and this is why I think that the impact on other countries in Asia would be highly mixed, and the country that I am saying here is a big influence in the economy and that is Japan, and this is why I think that with Japan's legalization on BTC I think that other countries would follow in as well.
cherryganda
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December 28, 2018, 12:36:56 PM
 #631

I am in South East Asia country and everything here is fine and there is no movement from the government in stopping the people from using it.
Though they issued some reminder to be careful which is normal to any country. what i saw from here is they are developing the blockchain and cryptocurrency more.,
Johnzky
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December 28, 2018, 12:50:14 PM
 #632

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?
Yes there might be many countries in southeast asia that has not legalized bitcoin,but they have not banned this also or restricted meaning thats fine as long as we can buy and sell this cryptocurrency,for me this is more than enough to ask for more
incomefromcoins
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December 28, 2018, 12:52:38 PM
 #633

India is forming legalities and other Asian countries like Korea and Japan have strong crypto legalities and guidelines in place and Malaysian having guidelines and Singapore is crypto friendly and Thailand is also crypto friendly and Indonesia and Philippines are partially legal in cryptocurrencies
Mr.Spreadthehamster
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December 28, 2018, 01:54:38 PM
 #634

Official regulators want to be sure that people associated with bitcoins do not cause associations with unreliable transactions, and such evidence is difficult to obtain. As a result of fuzzy state policy, financial organizations do not want to cooperate with cryptocurrency firms. It is the matter of time.

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maemunah
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December 28, 2018, 02:04:53 PM
 #635

I am in South East Asia country and everything here is fine and there is no movement from the government in stopping the people from using it.
Though they issued some reminder to be careful which is normal to any country. what i saw from here is they are developing the blockchain and cryptocurrency more.,
That's right and I also have so far no government has stopped people who use bitcoin, so it looks like bitcoin will be legal in Southeast Asia even though there are still people who don't want to accept bitcoin in their country
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December 28, 2018, 02:09:30 PM
 #636

Its not illegal in our country.. but it also not regulated.. lets see and wait what government reaction to its legalities,,

This is true here in our country anyone has the capability to access Bitcoin but our government doesnt support the Bitcoin either, due to several cases which scammers use the credentials relying in Bitcoin to fool people and that's not an ideal thing to do, while on the other hand government doesnt have much regulations to apply since Bitcoin is unique and new at this point.

Memmon3
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December 28, 2018, 02:24:40 PM
 #637

may be ..Southeast Asia is a relatively developed and densely populated area. Although some countries are currently banned, it may be as if bitcoin India will be legalized. It is only a matter of time because the bitcoin is more and more recognized by the country.now they might be rejected but in future they will sure accept it ..this helps the bitcoin to grow widely...
WebTera
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December 28, 2018, 03:20:35 PM
 #638

It is very difficult to predict for sure whether the cryptocurrency will be implemented by the government of South-East Asia. But as far as I know, these countries are going to create their own single cryptocurrency, which will occupy leading positions in the domestic market.
Joemzz31
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December 29, 2018, 01:59:17 PM
 #639

Southeast Asia is very well known of being conservative. 
I am looking forward that they can accept bitcoins despite of their culture and technological difference for tge benefit of their citizens 
bitfocus
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December 29, 2018, 02:11:12 PM
 #640

yesterday I found an article on news.bitcon.com about indian authorities are planning to give crypto a test run in india under strict regulations, lets hope for the best.
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