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Author Topic: Is Litecoin Legal?  (Read 12686 times)

Monstar Shawon

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Is Litecoin Legal?
« 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.

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Is Litecoin Legal?
« on: October 14, 2020, 04:14:16 AM »

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Re: Is Litecoin Legal?
« Reply #1 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.

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Re: Is Litecoin Legal?
« Reply #2 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
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Re: Is Litecoin Legal?
« Reply #3 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.

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Re: Is Litecoin Legal?
« Reply #4 on: October 17, 2020, 06:47:06 AM »
Litecoin is online virtual cryptocurrency but some countries allow cryptocurrencies and some countries not.
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Re: Is Litecoin Legal?
« Reply #5 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.
« Last Edit: November 26, 2020, 03:32:01 PM by Justin »
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Re: Is Litecoin Legal?
« Reply #6 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.
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Re: Is Litecoin Legal?
« Reply #6 on: October 18, 2020, 11:52:39 AM »


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Re: Is Litecoin Legal?
« Reply #7 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.
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Re: Is Litecoin Legal?
« Reply #8 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.
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Offline Mbah Jenggot

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Re: Is Litecoin Legal?
« Reply #9 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.

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Re: Is Litecoin Legal?
« Reply #10 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.

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Re: Is Litecoin Legal?
« Reply #11 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.
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Re: Is Litecoin Legal?
« Reply #12 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.
« Last Edit: November 03, 2020, 09:07:30 PM by cryptopediabd »
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Offline EAA-ALLAH

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Re: Is Litecoin Legal?
« Reply #13 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.

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Re: Is Litecoin Legal?
« Reply #14 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.

 

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