Post
Topic
Board Economics
Re: Which country will be the first to legalize Bitcoin?
by
Malaya
on 12/11/2017, 17:52:47 UTC
Bitcoin is already legal in many countries, see Legality of bitcoin by country or territory for a list per country.

Some countries officially recognize Bitcoin:
Quote
Japan officially recognizes bitcoin and digital currencies as a "means of payment that is not a legal currency"
Others declared it "not illegal":
Quote
As of November 2016 declared, bitcoins are "not illegal" according to the Federal Tax Service of Russia
(quotes from Wiki)

I would agree in this. Bitcoin has been legal with money countries and has been widely spread even in the governments. However Japan has the first to recognize bitcoin as a good resource for payment and any transactions. I believe many more countries even in Asia will legalise it as the day comes.