This is still a question nowadays because not all country gives a go signal for bitcoin. They are taking a lot of things just to slow down the growth of this currency. If not eliminate the whole system. What can you say guys.
In our country Bitcoin is not considered as legal tender or approved as payment system but we are allowed and free to exchange it into fiat. But i feel this kind of threatment is just temporary, because some banks dont acknowledge it and those whose bank accounts connected with bitcoin transactions are subject to closure, thats why we choose bitcoin friendly banks to transact with to avoid that kind of situation.