Quote from: erpbridge on August 27, 2017, 01:32:56 AM

Quote from: bs9 on August 27, 2017, 01:28:41 AM

bitcoin illegal some asia country bt why?can you give me some reason about this?? thanks

Could be anything ranging from private corruption to just a conservative government. I am sure in some countries private countries pay politicians or decision makers to not allow bitcoin because if bitcoin becomes really big, it can cause losses to those corporations.

Yes these are the most common reasons for many of the countries not giving acceptance to bitcoin. While on one hand I see Japan on the verge of becoming bitcoin capital of world, then we have countries like India in Asia where they aren't ready to let people trade in crypto assets. They have discontinued all the services for purchase and selling of Bitcoin and other virtual currencies. This has borne a risk factor in minds of many Indians and this definitely is going to have a negative impact on the bitcoin rice and other virtual currencies as well. Probably the scenario would change a lot after the government happens to impose a ban on the bitcoin in India for real!!!