Countries Where Bitcoin Is legal or banned.

[UmerIdrees]

- Pakistan: Although investigating cryptocurrencies for the potential of tax evasion and money laundering, Bitcoin and other cryptocurrencies are not recognized.

We have some latest developments in making crypto currencies a legal tender in Pakistan. High court in Pakistan has asked the authorities to look into this matter and take ever possible step to regulate crypto and for this they have given three months time.

Pakistani high court orders government to regulate crypto in three months

You may update this status in the OP post.

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[Issa56]

- Pakistan: Although investigating cryptocurrencies for the potential of tax evasion and money laundering, Bitcoin and other cryptocurrencies are not recognized.

We have some latest developments in making crypto currencies a legal tender in Pakistan. High court in Pakistan has asked the authorities to look into this matter and take ever possible step to regulate crypto and for this they have given three months time.

Pakistani high court orders government to regulate crypto in three months

You may update this status in the OP post.

I think we should hear from government first before the post can be updated, let's wait and see what the government will do on or before three month's.

[YOSHIE]

I am grateful that my country is included in the category of a country (legal) towards crypto, it is used as a basis for trade, yes it is something to be proud of for now.

In the past our country was always pro and contra towards crypto especially Bitcoin, but over time starting from the government, religious leaders and the public already know a lot about the real work of crypto and for now it can be accepted well, including several crypto trading exchanges that are currently recognized by the state government in relation to it's law, to run it is legal.

[UmerIdrees]

I think we should hear from government first before the post can be updated, let's wait and see what the government will do on or before three month's.

As soon as i get any news or order from the court / government, i will share it here.

I am grateful that my country is included in the category of a country (legal) towards crypto, it is used as a basis for trade, yes it is something to be proud of for now.

In the past our country was always pro and contra towards crypto especially Bitcoin, but over time starting from the government, religious leaders and the public already know a lot about the real work of crypto and for now it can be accepted well, including several crypto trading exchanges that are currently recognized by the state government in relation to it's law, to run it is legal.

If you country have recently legalized crypto, You can share the country name and also the legal documents which support this change, so that it is updated by the OP.

[qwertyup23]

In the Philippines, BTC was categorized as neither legal nor illegal but it is subject to the regulation of our Securities and Exchange Commission. However, our Bangko Sentral ng Pilipinas (BSP). One of the famous cryptocurrencies here called 'Axie Infinity' (Mine coin) was strictly regulated by the SEC as it did not consider the popular Axie Infinity as a virtual asset service provider (VASP) and is critically monitoring how players are using and exchanging tokens or cryptocurrency assets known as Smooth Love Potion (SLP) as a form of payment and the extent of its merchant network. ¹

In addition, BTC has been regulated strictly by our local exchange where large transactions have been closely monitored. There have been reports of some accounts getting flagged by our local exchange- that is why I am somehow nervous to withdraw my coins and convert it to fiat.

¹ https://mb.com.ph/2021/08/30/bsp-closely-watching-axie-infinity/