Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Litecoin Forum => Topic started by: Monstar Shawon on October 14, 2020, 04:14:16 AM

Title: Is Litecoin Legal?
Post by: Monstar Shawon on October 14, 2020, 04:14:16 AM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.
Title: Re: Is Litecoin Legal?
Post by: Malam90 on October 14, 2020, 05:14:03 PM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

Where there is crypto is illegal, litecoin is also illegal there. Most of the countries still against cryptocurrency. So how you can say it is legal? It may be legal in a specific country but not in all countries yet. So we can't say it is legal so far.
Title: Re: Is Litecoin Legal?
Post by: hair on October 14, 2020, 06:06:57 PM
So how you can say it is legal? It may be legal in a specific country but not in all countries yet. So we can't say it is legal so far.
I agree with your opinion. Currently, it can be said that crypto is still illegal, including litecoin. I think it will take a long time for all countries to recognize crypto and become legal
Title: Re: Is Litecoin Legal?
Post by: pacar_tiri on October 16, 2020, 02:11:19 PM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

Where there is crypto is illegal, litecoin is also illegal there. Most of the countries still against cryptocurrency. So how you can say it is legal? It may be legal in a specific country but not in all countries yet. So we can't say it is legal so far.

I agree with your opinion mate. I think litecoin is still illegal. I also see many countries against Crypto currency, It is true.
Maybe at the coming future when all countries accept Crypto currency, we can say litecoin and other crypto are legal.
I always imagine it will happen at the five years again, when the countries and many use crypto for their transactions and Investment.
I think Crypto currency is the future technology, Crypto technology will be adopted by many companies at all the world.
Title: Re: Is Litecoin Legal?
Post by: Rakin343 on October 17, 2020, 06:47:06 AM
Litecoin is online virtual cryptocurrency but some countries allow cryptocurrencies and some countries not.
Title: Re: Is Litecoin Legal?
Post by: Herry on October 18, 2020, 11:21:10 AM
I like litecoin very much. I think that cryptocurrencies in general are not illegal, there are only regulations that vary from country to country, or rather, impositions, because critp there is no regulation by government. There are senior brothers they can say better.Please help us all senior brothers.
Title: Re: Is Litecoin Legal?
Post by: Dora Walletinvestor on October 18, 2020, 11:52:39 AM
Most places cryptos are technically not illegal, but that doesn't mean they are legal either - many times they are just not regulated.
Title: Re: Is Litecoin Legal?
Post by: mahadev on October 19, 2020, 01:12:04 PM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

I think litecoin is still illegal mate, some countries have against and  block  crypto currency. Maybe at the coming future, litecoin will legal. Maybe the countries which blocked don't have knowledge about Crypto currency or worry with their own currency.
Title: Re: Is Litecoin Legal?
Post by: Fawpac2 on October 22, 2020, 10:03:46 AM
Litecoin is online virtual cryptocurrency but some countries allow cryptocurrencies and some countries not.
In where cryptocurrencies illegal there litecoin also illegal.my countries all cryptocurrencies are illegal.
Title: Re: Is Litecoin Legal?
Post by: Mbah Jenggot on October 27, 2020, 07:29:33 PM
Litecoin is online virtual cryptocurrency but some countries allow cryptocurrencies and some countries not.
In where cryptocurrencies illegal there litecoin also illegal.my countries all cryptocurrencies are illegal.

At several countries not said Crypto currency is illegal, But not said legal. They also acceptep but not supported. Maybe in your country, crypto is illegal. In my country, It is not . I think when the Crypto currency is more popular, It will be accepted and supported by the government.
Title: Re: Is Litecoin Legal?
Post by: Blue4 on October 28, 2020, 10:00:32 AM
Many countries are still against the cryptocurrencies some countries are banned cryptocurrency transactions many countries are trying to regulate the cryptocurrencies litecoin is popular cryptocurrency currently PayPal has accepted litecoin, if you want to invest in cryptocurrencies Definitely litecoin is a best choice.
Title: Re: Is Litecoin Legal?
Post by: therozaq on October 29, 2020, 01:58:53 PM
Many countries are still against the cryptocurrencies some countries are banned cryptocurrency transactions many countries are trying to regulate the cryptocurrencies litecoin is popular cryptocurrency currently PayPal has accepted litecoin, if you want to invest in cryptocurrencies Definitely litecoin is a best choice.

Yes I agree many countries have blocked and against Crypto currency, Litecoin is still illegal mate. Maybe at the coming future when Crypto currencies have accepted by many countries, It will be legal at those countries. I hope It will happen soon.
Title: Re: Is Litecoin Legal?
Post by: cryptopediabd on October 30, 2020, 03:46:38 PM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.
Litecoin is legal where cryptocurrency is legal. So most of the country's against crypto so their illegal. I think litecoin is still unlawful mate, a few nations have against and piece crypto cash.
Title: Re: Is Litecoin Legal?
Post by: EAA-ALLAH on October 31, 2020, 05:05:23 PM
Litecoin is online virtual cryptocurrency but some countries allow cryptocurrencies and some countries not.
Cryptocurrencies acceptance varies from country to countries. Where bitcoin allow then same as Litecoin also alow, where bitcoin prohibited then Litecoin also prohibited.
Title: Re: Is Litecoin Legal?
Post by: dekafee79 on November 09, 2020, 06:46:46 PM
So how you can say it is legal? It may be legal in a specific country but not in all countries yet. So we can't say it is legal so far.
I agree with your opinion. Currently, it can be said that crypto is still illegal, including litecoin. I think it will take a long time for all countries to recognize crypto and become legal


Of course, litecoin is still illegal, I didn't see there is countries which announced crypto currencies are legal there. But I think It is not problem. I believe at the next future they will accept Crypto currency technology. So, I think It is normal, we should wait and always use Crypto.
Title: Re: Is Litecoin Legal?
Post by: satpol_PP on November 10, 2020, 05:16:16 PM
I've never seen Crypto currency as a legal.  Many countries have accepted, but doesn't say they are legal.  Many countries have adopted crypto technology, but that has always not legalized Crypto currency. Maybe at the coming future, Crypto as such  litecoin be legal.
Title: Re: Is Litecoin Legal?
Post by: Pioneer on November 11, 2020, 07:32:51 AM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

No, litecoin is not legal. No Crypto coin is legal. Because at several countries have blocked Crypto currency as such litecoin. Litecoin is very potential coin, I hope It will be accepted by all countries at the world.
Title: Re: Is Litecoin Legal?
Post by: doc on November 21, 2020, 06:47:25 AM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

No coin is legal mate. I think all countries will accept Crypto currency at the coming future. Keep calm and wait.  Litecoin will be accepted at many countries and legalized it. At the coming future crypto will be  used more.
Title: Re: Is Litecoin Legal?
Post by: Doctor on November 23, 2020, 09:34:39 AM
No, I think litecoin and other coin  is not legal. But maybe at the coming future we will see Crypto currency be legalized by many countries. I hope It will happen soon mate. So, keep calm, bcause in many country not been blocked.
Title: Re: Is Litecoin Legal?
Post by: Pluto25 on November 25, 2020, 12:57:52 PM
If not legally, why PayPal accepted litecoin as their trading and transactions process?
Title: Re: Is Litecoin Legal?
Post by: Muneeb22 on November 25, 2020, 01:59:24 PM
Litecoin is a good coin and that is legal and its team is very strong and i hope that market price is high in the upcoming month and it touch the 500$ in just 2 to 3 months becasue the small bull is start now and the market move to high day by day and this time LTC coin price is 91$.
Title: Re: Is Litecoin Legal?
Post by: saprakib on November 26, 2020, 12:10:08 PM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

Where there is crypto is illegal, litecoin is also illegal there. Most of the countries still against cryptocurrency. So how you can say it is legal? It may be legal in a specific country but not in all countries yet. So we can't say it is legal so far.
Exatctly,i thinkn its only illegal where crypto is banned but there is no option where is it lega. He might be miss something or having wrong information. Howver he might got now right answe.     
Title: Re: Is Litecoin Legal?
Post by: de_prof on November 26, 2020, 12:40:42 PM
No, litecoin is illegal, I think all Crypto currencies are illegal, because I didn't read the news about the crypto currency has been legalized by the country. Maybe at the coming future we will see litecoin and crypto currency will be legal.
Title: Re: Is Litecoin Legal?
Post by: Rain075 on November 26, 2020, 04:15:13 PM
Yes, these lights coins have validation in different countries. In our country there are validation of this lights coins. It has very popularity in the world. This is a stable coin.
Title: Re: Is Litecoin Legal?
Post by: rizqillah on December 26, 2020, 01:19:47 PM
Of course, litecoin is still illegal, I didn't see there is countries which announced crypto currencies are legal there. But I think It is not problem. I believe at the next future they will accept Crypto currency technology. So, I think It is normal, we should wait and always use Crypto.

Yes I see crypto currency is still illegal, But I think ait is not problem. Because the government don't legalize crypto currency, but several government have accepted and addopted crypto technology. So, I believe crypto will be legal at the coming future.
Title: Re: Is Litecoin Legal?
Post by: densus88 on December 26, 2020, 09:40:42 PM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

I didn't read litecoin is legal. I think litecoin is illegal but also accepted at several countries. I think It is not problem.Lutecoin will be legal at the next several years when crypto currency have been accepted by the government.
Title: Re: Is Litecoin Legal?
Post by: svetlana on December 30, 2020, 09:47:37 AM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

I didn't read litecoin is legal. I think litecoin is illegal but also accepted at several countries. I think It is not problem.Lutecoin will be legal at the next several years when crypto currency have been accepted by the government.
This currency is not an official means of payment, therefore, we cannot declare the amounts stored in lightcoins, or draw up any documents on a completed transaction. If we are not going to conduct a transaction prohibited by law with the help of lightcoins, then the use of this currency itself is completely legal. Thus, in the process of using Litecoins, we do not commit anything illegal.
Title: Re: Is Litecoin Legal?
Post by: anshor1 on December 31, 2020, 12:48:39 PM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

No, litecoin is not legal. But Litecoin is less negative issue. We all know litecoin has shown good progress at this year and has been predicted will touch 150-200 USD at the next year. Maybe at January or February next year.
Title: Re: Is Litecoin Legal?
Post by: nakmantu99 on December 31, 2020, 03:59:41 PM
Most places cryptos are technically not illegal, but that doesn't mean they are legal either - many times they are just not regulated.

I think litecoin is still illegal mate, because I see at several countries just accepted ,not recognized crypto currency. So, I think It mean illegal. Maybe at the next several years again, we will see crypto currency be legal currency.
Title: Re: Is Litecoin Legal?
Post by: legend45 on January 22, 2021, 11:15:58 PM
Most places cryptos are technically not illegal, but that doesn't mean they are legal either - many times they are just not regulated.

I think litecoin is still illegal mate, because I see at several countries just accepted ,not recognized crypto currency. So, I think It mean illegal. Maybe at the next several years again, we will see crypto currency be legal currency.

Of course litecoin is still illegal. I don't see cryptos are legal at the countries.  Because I still read negative issue about crypto currency. As you said, maybe at the coming future when digital era come, we will see.
Title: Re: Is Litecoin Legal?
Post by: DAMKAR on January 24, 2021, 11:37:26 AM
Litecoin is still illegal but don't have negative issue.  I think the advantage of litecoin. I still hold my litecoin till now because I believe litecoin will have good future and will increase again soon. hopefully.
Title: Re: Is Litecoin Legal?
Post by: Clearman on January 24, 2021, 04:21:16 PM
Lite coin is a much better coin nowadays.  Lite coins occupy the most place in the current cryptocurrency.  Because at present the investors of lite coins are increasing.  The role of lite coins in cryptocurrency is much more.
Title: Re: Is Litecoin Legal?
Post by: doc on January 26, 2021, 04:14:42 PM
Lite coin is a much better coin nowadays.  Lite coins occupy the most place in the current cryptocurrency.  Because at present the investors of lite coins are increasing.  The role of lite coins in cryptocurrency is much more.

Yes, litecoin investors are increasing. I have seen many people predicted litecoin will have great future, So ii my opinion litecoin is good for long term investment. By the way, litecoin is still illegal mate, Hopefully will be legal at the future.
Title: Re: Is Litecoin Legal?
Post by: Power420 on January 26, 2021, 05:57:28 PM
Lite coins are one of the few coins currently in existence.  Because the future of lite coins is much better and brighter.  People are getting many benefits by investing in these lite coins and it is a legal coin.  That's why people are investing more here after getting the truth.
Title: Re: Is Litecoin Legal?
Post by: Lukasz on January 28, 2021, 02:39:35 PM
Litecoin is a legal as other coins it exists independently of country and jurisdiction so who can deem it illegal. That is the purpose of cryptocurrencies above jurisdictions borders and laws although some agencies try to tame not only litecoins ... let them try
Title: Re: Is Litecoin Legal?
Post by: Hisbullah on January 30, 2021, 12:56:05 PM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

I never seen litecoin is legal at any countries.But I think not be blocked at there. Several countries have accepted litecoin and crypto but not legalized. Not problem, I believe one day all countries will accepted crypto currency, without exception
Title: Re: Is Litecoin Legal?
Post by: saidul2105 on January 30, 2021, 02:55:47 PM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.
I think Litecoin is legal virtual currency  like another currency in cryptocurrency.  Some countries accepted them legal and some accepted them illegal. But I hope one day all countries all over the world will accepted crypto currency.         
Title: Re: Is Litecoin Legal?
Post by: Coin63@ on January 30, 2021, 04:41:05 PM
Of course litecoin a legal currency where bitcoin legalized used. I think where Bitcoin and others cryptocurrencies are used legally and governments support Bitcoin as legally,there also legalized litecoin.
Title: Re: Is Litecoin Legal?
Post by: Vitasinaga on February 09, 2021, 08:42:54 PM
Many are still against cryptocurrency, some countries also prohibit cryptocurrency, many countries are trying to help Litecoin cryptocurrency is a popular cryptocurrency at this time PayPal has accepted Litecoin, if you want to take advantage of cryptocurrency Litecoin is definitely the best choice.
Title: Re: Is Litecoin Legal?
Post by: babu10 on February 12, 2021, 04:23:01 PM
What a funny question  ;D ;D is LTC legal? A token that continuing number 8 ranking in CMC market, we are asking question about that !!! i think it should not be. This is not token and its like another coin like BTC which has own blockchain function. So never unconformable with LTC and be sure it would be one of the best coin in near future.
Title: Re: Is Litecoin Legal?
Post by: nakmantu99 on February 13, 2021, 11:18:40 AM
What a funny question  ;D ;D is LTC legal? A token that continuing number 8 ranking in CMC market, we are asking question about that !!! i think it should not be. This is not token and its like another coin like BTC which has own blockchain function. So never unconformable with LTC and be sure it would be one of the best coin in near future.

Maybe OP just asked about legality of this coin at several countries. Because we all know the popularity of litecoin is so high. At several countries I see blocked crypto currency, So I hope crypto would-be accepted by all countries
Title: Re: Is Litecoin Legal?
Post by: doc on February 14, 2021, 04:10:22 PM
What a funny question  ;D ;D is LTC legal? A token that continuing number 8 ranking in CMC market, we are asking question about that !!! i think it should not be. This is not token and its like another coin like BTC which has own blockchain function. So never unconformable with LTC and be sure it would be one of the best coin in near future.

Maybe OP just asked about legality of this coin at several countries. Because we all know the popularity of litecoin is so high. At several countries I see blocked crypto currency, So I hope crypto would-be accepted by all countries

You're right. I think this coin is legal but hasn't been legalized at several countries ,As you said.
Litecoin is  my favourite coin for long term investment. I believe this coin will have promising future and more popular at the coming years
Title: Re: Is Litecoin Legal?
Post by: Gubre on February 16, 2021, 04:54:16 AM
The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.
Technically speaking litecoin and all crypto currencies are legal. The government would not allow the team to operate it in the first place if they violated any rules. So I can simply say litecoin is legal.
Title: Re: Is Litecoin Legal?
Post by: Irfan12@ on February 16, 2021, 07:29:30 AM
Litecoin is a virtual currency. And virtual currency is not approved in any country. You said Litecoin are legal. But in countries where cryptocurrency transactions are not legal, litecoin are illegal. Many still think that approving cryptocurrencies could increase the number of corruptions. That is why the cryptocurrency of the virtual world has not yet been recognized in many countries. Litecoin are legal in countries where litecoin are recognized.
Title: Re: Is Litecoin Legal?
Post by: Mental on February 16, 2021, 06:21:47 PM
I like light coins very much but there are no coins in the world that are legal like light coins or any other cryptocurrency.  In some countries cryptocurrency has been legalized but in many countries they have not yet.
Title: Re: Is Litecoin Legal?
Post by: Criminal on April 13, 2021, 04:20:46 AM
Light Coin Valid Light Coin is valid in all countries that have cryptocurrency approval.However, many countries have already approved cryptocurrencies in their countries. I think in the next 5 to 10 years, cryptocurrency expansion will spread worldwide.
Title: Re: Is Litecoin Legal?
Post by: Muneeb22 on April 13, 2021, 06:19:58 AM
LTC coin is a good coin and this is true that the LTC coin is legal and this is the right time that we need to buy the LTC coin and hold that coin till the LTC coin touches the 3000$ becasue soon the LTC coin touches this high in a short time.
Title: Re: Is Litecoin Legal?
Post by: eldial on April 13, 2021, 02:23:23 PM
Of course Litecoin is legal in the cryptocurrency since it will be listed in the market to  for long long time ago and it will be accredited to the exchanges appear of listing coins which converted to a litecoin and I think it will rise soon in the market  upon the investors want to use this.
Title: Re: Is Litecoin Legal?
Post by: Papusha20 on April 13, 2021, 06:17:39 PM
Currently Lite Coin is in a much better position
 Lite coins occupy a large place in cryptocurrencies.  And the reason for the rise in the price of Bitcoin and all the other coins that have risen in price.  And lite coin has increased its price and massive amount of truth.  So lite coins are original coins.
Title: Re: Is Litecoin Legal?
Post by: smrityirany on April 17, 2021, 05:56:48 PM
Now a day there are many opinion about crypto currency in the whole world. Some developed countries have adopted some crypto coin for their money transection. But a large no of countries did not give legitimacy of crypto currency. So till now they did not think to give legitimacy of crypto currency late alone lite coin. I think in future it can gained legitimacy by many countries.
Title: Re: Is Litecoin Legal?
Post by: Batch18-19 on April 18, 2021, 05:25:08 AM
Light coins are legal in all countries where light coins or cryptocurrencies are approved.As you may know, cryptocurrency is not currently accepted in all countries of the world. So in some countries, light coin along with cryptocurrency is still illegal.But hopefully soon the cryptocurrency will be approved worldwide.