How does the government of your country view cryptocurrencies?

[rizen337]

For any state, this is a very delicate topic, since there are completely anonymous cryptocurrencies,
states do not like this, the impossibility of receiving taxes, and also opens the door to criminals.

[Jaephoenix]

My government just recently slammed its gates to cryptocurrency, which was politically motivated. But much of the population are neck deep into crypto

[Freemind]

For any state, this is a very delicate topic, since there are completely anonymous cryptocurrencies,
states do not like this, the impossibility of receiving taxes, and also opens the door to criminals.

Cryptocurrencies are not responsible for the use that users give them, we are responsible for those uses. The fact of using cryptocurrencies with a high level of privacy does not imply that it is used for criminal acts, although there are people who use them for that, furthermore, according to a recent study it is revealed that only 1% of cryptocurrencies are used for illicit acts. And that may upset governments, but what bothers them the most is not being able to have a piece of the pie in the form of sky-high taxes.

[Prime]

In my country, the government is quite friendly to cryptocurrency. They already legalize crypto as digital assets, but still cannot be used as payment tools. However, it is not a big problem for me, we can easily convert our crypto assets to fiats in our local exchanges. I think in the future, the government may think to allow it for payment purposes.

[masudginanjar]

Where I live all governments allow us to be creative by themselves, including in bounties, airdrops, investing and trading cryptocurrency.
Even though sometimes we get the advantages and disadvantages of cryptocurrency, all of it is returned to ourselves and the government will not interfere with what has happened.

[Rafiq]

the government in my country that is Italy is in favor of crypto, some of the local banks are already implementing the use of crypto / bitcoin and there are also many bitcoin ATMs, the government is currently thinking about how to best tax the earnings from crypto

You are lucky to live in a crypto friendly country. The government of my country is crypto hate, they have banned cryptocurrency by law and have provided various punishments including jail time for those who are involved in crypto users, investment, trade. Already, several people have been jailed for cryptocurrency transactions. So those of us who love crypto do crypto transactions very secretly. We are not evaluated socially either. I don't think the government has a clear idea about cryptocurrency, they think cryptocurrency is only used for money laundering and black market.

[rizen337]

For any state, this is a very delicate topic, since there are completely anonymous cryptocurrencies,
states do not like this, the impossibility of receiving taxes, and also opens the door to criminals.

Cryptocurrencies are not responsible for the use that users give them, we are responsible for those uses. The fact of using cryptocurrencies with a high level of privacy does not imply that it is used for criminal acts, although there are people who use them for that, furthermore, according to a recent study it is revealed that only 1% of cryptocurrencies are used for illicit acts. And that may upset governments, but what bothers them the most is not being able to have a piece of the pie in the form of sky-high taxes.

It is clear that anonymous cryptocurrencies use a small part for criminal purposes, but states understand the importance of this area, thereby banning anonymous cryptocurrencies, they immediately kill two birds with one stone, receive taxes and reduce money laundering rates.

[Freemind]

It is clear that anonymous cryptocurrencies use a small part for criminal purposes, but states understand the importance of this area, thereby banning anonymous cryptocurrencies, they immediately kill two birds with one stone, receive taxes and reduce money laundering rates.

Yes you're right. I have not said that cryptocurrencies are not used for illicit acts, what I have said is that not all of us are responsible for those acts and cryptocurrencies are not guilty either. Guilty are the people who use them in a bad way. Governments must prosecute and judge these people, not make society believe that all cryptocurrency users are the same.

[Doctor]

Where I live all governments allow us to be creative by themselves, including in bounties, airdrops, investing and trading cryptocurrency.
Even though sometimes we get the advantages and disadvantages of cryptocurrency, all of it is returned to ourselves and the government will not interfere with what has happened.

That's true, in my country, the government  doesn't interfere with what we do, joined bounty aidropd and do daily trading. because those're not illegal activities. We have done good way to get profit from crypto currency. I see many friends in my country done it too.

[Freemind]

In my country the problem is not participating in rewards or creating crypto projects. In my country, the problem is that the moment you convert your crypto into fiat, the finance ministry asks you where it came from, how you got it, and why you want to sell it. This has been happening for the last two years, before it could be done without problems, but now they are waiting for you to do something to tell you the percentage that you have to give to the government .

[rizen337]

It is clear that anonymous cryptocurrencies use a small part for criminal purposes, but states understand the importance of this area, thereby banning anonymous cryptocurrencies, they immediately kill two birds with one stone, receive taxes and reduce money laundering rates.

Yes you're right. I have not said that cryptocurrencies are not used for illicit acts, what I have said is that not all of us are responsible for those acts and cryptocurrencies are not guilty either. Guilty are the people who use them in a bad way. Governments must prosecute and judge these people, not make society believe that all cryptocurrency users are the same.

States ban anonymous cryptocurrencies because they don't know what to do with them. By banning them, they buy time to come up with a solution to this problem.

[Riddi]

The government of my country has banned cryptocurrency.  No bank in my country is associated with cryptocurrency.  If the government of my country legalizes cryptocurrency then money laundering will increase in the country.  Various types of criminal activities in the country will start to increase.  So cryptocurrency is still banned in my country.

[Freemind]

It is clear that anonymous cryptocurrencies use a small part for criminal purposes, but states understand the importance of this area, thereby banning anonymous cryptocurrencies, they immediately kill two birds with one stone, receive taxes and reduce money laundering rates.

Yes you're right. I have not said that cryptocurrencies are not used for illicit acts, what I have said is that not all of us are responsible for those acts and cryptocurrencies are not guilty either. Guilty are the people who use them in a bad way. Governments must prosecute and judge these people, not make society believe that all cryptocurrency users are the same.

States ban anonymous cryptocurrencies because they don't know what to do with them. By banning them, they buy time to come up with a solution to this problem.

Well, after the years that anonymous coins have existed, they have not solved anything. They haven't legislated with laws or made decrees or anything. I do not know if what governments want is to buy time or to "forget" the anonymous currencies over time, which will never happen.

[Cadaver20]

What is the view and attitude of the government in your country towards crypto/blockchain? Are you satisfied with that and what do you want in the future from them?

Like your country crypto is ban in my country Bangladesh. Police are always looking for crypto users. Arrests as soon as found.
While the whole world is running towards digital money, some third world countries like ours are running after crypto users. I think considering the positive side of cryptocurrency, the government should applaud it.

[ropyu1978]

Firstly my country is not agree and looks hate with bitcoin but after billion dollar transaction every day now they try to adopt and want to make tax for bitcoin fees, looks joke when the first time bitcoin is not allowed but after have worth now try to get tax, how ever if bitcoin still not an illegal transaction hard to get tax from bitcoin and altcoin transaction.