A latest news about 15 minutes ago I found at the social media with a video at TV direct mobile recorded ( CNBC news )
Thier was clearly mentioned that Bitcoin will be legalized , currently the Bitcoin unregulated and this will take about 6
Months to regulate with the new rules against the Bitcoin to control and stop the missuse in illegal activities .
So why not we should have positive thinking about the Bitcoin that have have good future and support by the many countries .
Share your thoughts about the status of the Bitcoin in your country .
Cheers .
I'd say that in my country it is like semmi-legal as there are no strict rules about the cryptocurrencies in general. Bitcoin and altcoins are not banned but on the other way they are not allowed. It is nice to see that big countries are talking about bitcoin (specially Japan and now we see Australia might legalized it) which gives other countries hope that it will be legalized there. When these big countries allow bitcoin, smaller ones will look at them and think should we make it legal now? Slowly but steadily thats whats happening here in my opinion which is great news not just for Bitcoin but for other cryptocurrencies as well.
It really is a good publicity especially with Japan and Australia which will make other countries to reconsider and to follow with the trend since these countries who are offcially legalizing and accepting Bitcoin are big deal with strong economic prowess.
Meanwhile in our country, it is not supported by the government really but they have released a regulation regarding it focusing on those local exchanges. Bitcoin users are also increasing here and we have this leading local wallet which has a lot of features including payment for electric, water, internet and even school bills from certain colleges and also you can cash out to a lot of remittance centers and convenience stores and cash in with kiosk machines. Also when you transfer bitcoins with the same wallet, there is no fees and you can use it to purchase some exciting things.