Hi all,
In my country of Israel, the govt. Securities Authority has announced that they are pursuing options to ban businesses based on bitcoin and cryptocurrencies from trading on the Tel Aviv Stock Exchange (
https://www.haaretz.com/israel-news/1.831170).
I'm trying to do a comparative research to see if other such policies have been put in place in other countries.
Does anyone know of other similar cases?
The year has definitely not started on a good note for bitcoin . With Israel and Morocco making news for banning bitcoin exchanges it has influenced many other countries regarding making their decision on bitcoin's legality in their country . Apparently , India is also planning to ban all the exchanges of Bitcoin in their country . Hearing such things are always unfortunate because every country has a good contribution in the popularity and value of bitcoin . These stupid decisions of government are leading to the lost of so many potential users .
Yeah many countries started to ban the bitcoins like Israel and I think in Bangladesh too banned bitcoins so it decreases the demand for bitcoins little bit.But these kind of banning may affect the traders more than the investors who want to hold bitcoins in longer terms.When an investor want to sell he can sell it on other country's exchange and convert the cash into his local currency afterwards.