Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Bitcoin Forum => Topic started by: sirty143 on August 27, 2018, 05:14:54 AM

Title: What is the status of Bitcoin in your country, is it legal or illegal?
Post by: sirty143 on August 27, 2018, 05:14:54 AM
The legal status of Bitcoin (and the other cryptocurrencies as well) is different from one country to another – meaning it is still undefined.  In some countries, the use of Bitcoin is banned; in other countries, the operations of Bitcoin exchanges are allowed but they have to be duly registered with the government.

In my country, the Philippines there's no problem Bitcoin is legal, and the other cryptocurrencies as well. Our Bangko Sentral ng Pilipinas (BSP) issued BSP Circular No. 944 which was approved on February 6, 2017, and published in a newspaper of national circulation on February 9, 2017.

How about in your country, is Bitcoin, and other cryptocurrencies legal?
Title: Re: What is the status of Bitcoin in your country, is it legal or illegal?
Post by: Lanirex on August 27, 2018, 06:06:50 AM
Apparently we are neighbors, in my country Indonesia The existence of Bitcoin and Cryptocurrency has not got legality from the government, here the government banned trading using Cryptocurrency, but the government does not prohibit crypto activities such as Trading Crypto, Mining and others. we are here free to do it, but we have to exchange crypto coins with the rupiah first if we want to shop.
Title: Re: What is the status of Bitcoin in your country, is it legal or illegal?
Post by: rizqillah on August 27, 2018, 02:36:19 PM
The legal status of Bitcoin (and the other cryptocurrencies as well) is different from one country to another – meaning it is still undefined.  In some countries, the use of Bitcoin is banned; in other countries, the operations of Bitcoin exchanges are allowed but they have to be duly registered with the government.

In my country, the Philippines there's no problem Bitcoin is legal, and the other cryptocurrencies as well. Our Bangko Sentral ng Pilipinas (BSP) issued BSP Circular No. 944 which was approved on February 6, 2017, and published in a newspaper of national circulation on February 9, 2017.

How about in your country, is Bitcoin, and other cryptocurrencies legal?

In my country, Indonesia . The government is not banning bitcoin. They also not legalize bitcoin.
Title: Re: What is the status of Bitcoin in your country, is it legal or illegal?
Post by: bayiajaib on August 29, 2018, 12:27:57 AM
The legal status of Bitcoin (and the other cryptocurrencies as well) is different from one country to another – meaning it is still undefined.  In some countries, the use of Bitcoin is banned; in other countries, the operations of Bitcoin exchanges are allowed but they have to be duly registered with the government.

In my country, the Philippines there's no problem Bitcoin is legal, and the other cryptocurrencies as well. Our Bangko Sentral ng Pilipinas (BSP) issued BSP Circular No. 944 which was approved on February 6, 2017, and published in a newspaper of national circulation on February 9, 2017.

How about in your country, is Bitcoin, and other cryptocurrencies legal?

In My country is not legal, But The government is not banning Bitcoin. I still can invest in bitcoin.
Title: Re: What is the status of Bitcoin in your country, is it legal or illegal?
Post by: bitpation on August 30, 2018, 08:47:24 AM
In my country, bitcoin is not legal. But bitcoin is not blocked by the government, this means that bitcoin can still be allowed as an individual investment. So, I think it's still safe as long as the government in my country doesn't block sites that are related to crypto currency.
Title: Re: What is the status of Bitcoin in your country, is it legal or illegal?
Post by: Jun on August 31, 2018, 03:51:31 PM
in my country Philippines the government not banning bitcoin as individuals we can do bitcoin and invest  for it, in fact our central bank of the Philippines gives warning to be aware of scammer
Title: Re: What is the status of Bitcoin in your country, is it legal or illegal?
Post by: Methos on August 31, 2018, 04:04:58 PM
Yeah there's no problem of bitcoin here in the Philippines and like what others country, the only problem is the scammers and besides nothing more.
Title: Re: What is the status of Bitcoin in your country, is it legal or illegal?
Post by: Doctor on September 03, 2018, 05:48:42 PM
The legal status of Bitcoin (and the other cryptocurrencies as well) is different from one country to another – meaning it is still undefined.  In some countries, the use of Bitcoin is banned; in other countries, the operations of Bitcoin exchanges are allowed but they have to be duly registered with the government.

In my country, the Philippines there's no problem Bitcoin is legal, and the other cryptocurrencies as well. Our Bangko Sentral ng Pilipinas (BSP) issued BSP Circular No. 944 which was approved on February 6, 2017, and published in a newspaper of national circulation on February 9, 2017.

How about in your country, is Bitcoin, and other cryptocurrencies legal?

In my country, Bitcoin is not legal But the government is not saying Bitcoin is illegal.
Title: Re: What is the status of Bitcoin in your country, is it legal or illegal?
Post by: Leebarnes on September 04, 2018, 07:43:44 AM
I am very thankful that the Philippine government is considered as an early adopter of Bitcoin and cryptocurrency that's why the Pilipino's enjoyed all the benefits of bitcoin and cryptocurrency.
Title: Re: What is the status of Bitcoin in your country, is it legal or illegal?
Post by: boyplastic69 on September 04, 2018, 02:15:39 PM
I agree with OP since I also came from the same country in the PH in which there are a lot of bounty hunters and investors supporting btc. Our country is open to cryptocurrency and had already an existing established exchange site where btc supporters could made their payment transactions at their most convenient time.
Title: Re: What is the status of Bitcoin in your country, is it legal or illegal?
Post by: Eben on September 04, 2018, 07:55:09 PM
Although bitcoin is not legal in my country, it’s activities is not prohibited by any law so we are able to engage in any crypto activities and even invest in it just that you can use it in the country and I think it’s cool now and I hope with time  the government come to accept it with some regulation policies.