Bitcoin Legal Issues is an important concern in relation to international financial law. Bitcoin is doing well but there are many legal questions need to be analysed in relation to Bitcoin and its standing point as Digital Financial Service. Bitcoin is an Electronic Cash System providing digital financial services globally but there are many speculations and wrong definitions are floating in the Internet. Many governments and bankers as well as public are cofused of legal definition, what Bitcoin is ? >>
The main issue is because of the decentralized nature of the bitcoin. And this is why people concern that bitcoin may get ban . But rather than banning if the gov put tax on the transaction then it will be good for bitcoin as well as the government.