Bitcoin ban violation could carry a 10K$ fine

[Ridwan Fauzi]

The goal is so, every bank (I guess the bank is fully regulated by the government) will look for many ways so that bitcoin cannot develop in its country. I'm sure bitcoin won't take a long time to gain great popularity when a country provides a regulation for bitcoin. The function of bitcoin is very broad, not just as a digital currency or payment system. So it is appropriate for countries that do not want to take a big risk to receive bitcoin used as a legal currency in their country. In general, countries that reject the use of bitcoin are developing countries, they are still closed to new technologies related to the economy.

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[Slow death]

bitcoin will not get much acceptance in countries like Vietnam and China, because in these countries their governments control everything, they want to have total control over their people

I believe in near future all countries will accept bitcoin and it will become global currency.

I doubt that China will accept bitcoin

Vietnam starting to fined them who used to  transect bitcoin. That's not a good news for them who are used to transect crypto from vietnam.

Meanwhile, the Indian bank is still not friendly with bitcoin

Reserve Bank of India Anticipates Shift to P2P Crypto Trading