Post
Topic
Board Legal
Re: Bitcoin in legal sense
by
coin revolution
on 22/01/2017, 11:34:56 UTC
Hi,

Are there countries that accept bitcoin as a real currency?
Do states have legal regulations related to bitcoin?

Thanks

For tax purposes, bitcoin will be classified by different countries in different ways.
The US government considers it as property.
You can start looking at the wikipedia article here and then investigate further.
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country

When I look at the list, I see that every country has a different approach to bitcoin. I do not think the countries are fully aware of bitcoin. Except for some developed countries, there is no exact clarity. Bitcoin does not need governments though. States will continue to exist even if they not accept it.