While enforcement agencies and tax regulators are still exploring the phenomenon, one important question is—is bitcoin legal or illegal? The answer is, it depends on the location and activity of the user.
Countries that Say Yes to the Bitcoin
1) The United States
2) Canada
3) Australia
4) The European Union
5) Finland
Countries That Say No to Bitcoin
While bitcoin is fairly welcomed in many parts of the world, there are few countries which are resistant for this technology among them these are the important ones:
1. Iceland
2. Vietnam
3. Bolivia
4. Kyrgyzstan
5. Ecuador
6. Russia
7. China
Countries/Places who are neutral or Alegal with respect to Bitcoin
1. Barbados
2. Venezuela
3.Colombia
4. Peru
5. Paraguay
6. Uruguay
7.Argentina
8.Nigeria
9. Kenya
10.Kazakhstan
11.Pakistan
12. India
13. Malaysia
14. Indonesia
15.Moritius
16.Vietnam
https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.aspThis post is to help the beginners like me who are trying to find bitcoin details!