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 ? >>
Currently, bitcoin has not been legalized in all countries in the world, but there have been some countries that have legalized bitcoin and made bitcoin as the official currency in their country that can be used as a legitimate transaction tool. this proves the Government of the country that legalize bitcoin has fully understood the rules in this cryptocurrency, and this proves worthy bitcoin to be the currency in their country.