Regulation of Cryptocurrency Around the World

[kemetz]

Assuming that there are still lot of countries nowadays that are against with bitcoin blockchain technology, but there are also several country's too that already regulated crypto currency to their territory like Japan, Europe, China, and more, which means its proved only that it is already popular now in the entire world also.

Already many countries have actually made a decision about cryptocurrency, we have rarely heard the news exposed but it is true that now many countries have taken the decision to have a cryptocurrency.

as we know why we never heard the news because I think if there is positive news it will not be able to be crowded in the media or people's ears, but if there is negative news it will certainly spread widely whether it passes anywhere, the community more pleased to see a negative news and the media who spread will be able to get a high rating.

with the decision taken by major countries about regulating and contributing to the cryptocurrency, I can only hope that in the future other countries that cannot immediately follow in their footsteps because this technology is very useful in the future.

[ecnalubma]

Its not a surprise that only few countries don't recognize cryptocurrency, but they could lift that ban if they are knowledgeable enough about the technology behind crypto because some of these countries think crypto is immoral. They should explore it if they're allergic to crype atleast they should try blockchain instead.

[coin-investor]

Some of the top countries are now accepting Cryptocurrency and there are so many of them, it looks like a victory for the cryptocurrency and the whole community, thjose countries that are still in red will just follow the top countries, they cannot stop adoption of Cryptocurrency, even in North Korea cryptocurrency is popular.

[mitchr4]

Most Arab countries assume use Bitcoin as illegal. Some of these countries are still hesitant to accept Bitcoin because of Shariah whether the coin is halal or not. But I'm sure someday they will legalize Bitcoin because some major countries have accepted Bitcoin.

[laredo7mm]

Most Arab countries assume use Bitcoin as illegal. Some of these countries are still hesitant to accept Bitcoin because of Shariah whether the coin is halal or not. But I'm sure someday they will legalize Bitcoin because some major countries have accepted Bitcoin.

Many countries are still unable to accept. and most still research and study the blockchain system and the risk of cryptocurrency risk. because this is also very big later if indeed it is wrong to make a decision from a country and the community will be disadvantaged.

[befriendmywater]

Most Arab countries assume use Bitcoin as illegal. Some of these countries are still hesitant to accept Bitcoin because of Shariah whether the coin is halal or not. But I'm sure someday they will legalize Bitcoin because some major countries have accepted Bitcoin.

Many countries are still unable to accept. and most still research and study the blockchain system and the risk of cryptocurrency risk. because this is also very big later if indeed it is wrong to make a decision from a country and the community will be disadvantaged.

right. Although the crypto market is bringing happiness to traders and investors, it also brings risks and poverty to some countries.
it is certainly making the GPD of some countries increase but it is still considered a decentralized market and it is reasonable to accept it in some countries.
If countries are not strictly managed, their country will soon be manipulated like the crypto market.

[armarsterling7]

cryptocurrency is currently the fever of the crypto market and of course it is being welcomed by many countries. In this decentralized market, people can earn a lot of money from different jobs. I believe that cryptocurrency will spread to the world and countries must accept it or they will go after other countries.

[Seeker#9]

Most Arab countries assume use Bitcoin as illegal. Some of these countries are still hesitant to accept Bitcoin because of Shariah whether the coin is halal or not. But I'm sure someday they will legalize Bitcoin because some major countries have accepted Bitcoin.

Many countries are still unable to accept. and most still research and study the blockchain system and the risk of cryptocurrency risk. because this is also very big later if indeed it is wrong to make a decision from a country and the community will be disadvantaged.

Most of the problems why some governments won't still legalize cryptocurrency is because of their existing laws that prohibit any additional currency. Legalizing bitcoin in these countries with restrictive may take time and it might take another leader to finally recognize it. Other countries that are not also bitcoin-friendly are resulted to some kind of regulation to monitor and control the flow of bitcoin and other cryptocurrencies.

[Btc_1856]

Assuming that there are still lot of countries nowadays that are against with bitcoin blockchain technology, but there are also several country's too that already regulated crypto currency to their territory like Japan, Europe, China, and more, which means its proved only that it is already popular now in the entire world also.

Already many countries have actually made a decision about cryptocurrency, we have rarely heard the news exposed but it is true that now many countries have taken the decision to have a cryptocurrency.

Not only countries, but we have also seen many potentials companies who scolded the blockchain and Bitcoin and now entering into the cryptocurrency world in order to implement their own blockchain and cryptocurrency.

[guoyu78]

I think it still takes a long time to become legal throughout the world,I think it still takes a long time to become legal throughout the world,and in my country, bitcoin or cryptocurrency can be owned but may not be used as a legal payment instrument.

Many debates and doubts has been expressed by some countries so it will definitely take time before we see crypto declared as a legal thing worldwide.

What's good in your country is that bitcoin isn't banned unlike those countries that don't like and banned it.

Most countries having studied the technology or concept of cryptocurrency would have seen the positive side of it and also the negative side of it which is why they are finding it difficult to ban it and at the same time legalizing it becomes difficult for them also.

The best most government would do for now is to keep silent over it and allow the whole system to play out on its own, which is why we are the ones to make this adoption happen by simply explaining the use of cryptocurrency to those who are not aware of it and the benefits they stand to benefit along the line of its usage.

[michellee]

Most Arab countries assume use Bitcoin as illegal. Some of these countries are still hesitant to accept Bitcoin because of Shariah whether the coin is halal or not. But I'm sure someday they will legalize Bitcoin because some major countries have accepted Bitcoin.

Many countries are still unable to accept. and most still research and study the blockchain system and the risk of cryptocurrency risk. because this is also very big later if indeed it is wrong to make a decision from a country and the community will be disadvantaged.

We could hope that in the future or not too long from now, and many countries will accept cryptocurrency so people won't be afraid to use crypto and they can spend it for buying something and not just for trading, gambling, or investment. With the adoption process, it will help new people to learn more about cryptocurrency, and they will use cryptocurrency as the second payment option every day.

[MrFreeRoMan]

Exclusive: India Proposes 10-Year Jail For Cryptocurrency Use, May Introduce Its Own Digital Currency

Read more at: https://www.bloombergquint.com/bq-blue-exclusive/exclusive-india-proposes-10-year-jail-for-cryptocurrency-use-may-introduce-its-own-digital-currency
Copyright © BloombergQuint

[idham29]

Its not a surprise that only few countries don't recognize cryptocurrency, but they could lift that ban if they are knowledgeable enough about the technology behind crypto because some of these countries think crypto is immoral. They should explore it if they're allergic to crype atleast they should try blockchain instead.

Looking at crypto regulation maps, there are more than 100 countries that legalize digital money, so it can be concluded that crypto currencies have been recognized by many countries in the world.
Of course, each country has its own interests by legalizing crypto, especially to protect its citizens from fraud caused by crypto trafficking or having to earn income from crypto legalization. Because digital currencies occur transactions on the internet, the government must have regulations that can implement the policy.

[Mike Mayor]

Exclusive: India Proposes 10-Year Jail For Cryptocurrency Use, May Introduce Its Own Digital Currency

Read more at: https://www.bloombergquint.com/bq-blue-exclusive/exclusive-india-proposes-10-year-jail-for-cryptocurrency-use-may-introduce-its-own-digital-currency
Copyright © BloombergQuint

Come arrest me then. Bring it on.

Lol. Why are people so obsessed with laws? Just do your thing as long as you not hurting anyone.

This law we NEVER PASS!!
IF it does then all indians lose their freedom and are slaves.

[Tylev]

Its not a surprise that only few countries don't recognize cryptocurrency, but they could lift that ban if they are knowledgeable enough about the technology behind crypto because some of these countries think crypto is immoral. They should explore it if they're allergic to crype atleast they should try blockchain instead.

In the issue of legalization of cryptocurrency can not be in a hurry and in this regard, it is unlikely that you can make a complaint to the states. This is about the finances of each state, and the fate and further development of these states depends on making the right decision. In addition, for any state, cryptocurrency is not only alien, but also no-man financial assets, the prospect of which is still unclear. Therefore, so far everything is going well for the first ten years of the emergence of cryptocurrency.

[mbluxs]

It will be difficult when globally it will regulate bitcoin. it will definitely be a debate. but at this time in fact every country has been aware of the existence of bitcoin and some countries have given decisions about the existence of bitcoin.

[lovesybitz]

Do you think if this things happen if ever, does the decentralization will be disappear?
Since that blockchain technology was  very popular now, do you think the decentralized exchange will also be gone too?
I hope not.

[shoreno]

Do you think if this things happen if ever, does the decentralization will be disappear?
Since that blockchain technology was  very popular now, do you think the decentralized exchange will also be gone too?
I hope not.

Dex and dex echange wont be gone  . the decentralization that blockchain wont provides wont also be gone too because all of these can be totally regulated .  only few cryptos are only applicable for that plan  but i dont think that majority of users will agree if half of the exchange and half of the coins are going to be regulated because that will kill the purpose of being anonymous  .

[ginobitcoiner]

Most Arab countries assume use Bitcoin as illegal. Some of these countries are still hesitant to accept Bitcoin because of Shariah whether the coin is halal or not. But I'm sure someday they will legalize Bitcoin because some major countries have accepted Bitcoin.

I also hope that, as far as I know, there are many ICO projects coming from Arab countries and surrounding areas, such as Hetachain, Adab Solution and others. even what I know is that Adab Solution is engaged in sharia, therefore I am sure that one day they will be able to legalize crypto currencies in their countries.

[batang_bitcoin]

It will be difficult when globally it will regulate bitcoin. it will definitely be a debate.

Sure there will be a debate but people have the power to follow what they want and do what they want. It's either everyone in the community will go along with the implementation of their gov't or they will go against but you know where that will lead their lives.

but at this time in fact every country has been aware of the existence of bitcoin and some countries have given decisions about the existence of bitcoin.

I think there are still few countries that doesn't care and not aware of bitcoin's existence.