In some Asian countries bitcoin is very influential for people to invest. why it is still illegal for a particular country. to be more clear and can be received by the government like where?
In Southeast Asia, investors view Bitcoin as an attractive investment opportunity. One of the Bitcoin Exchange companies located in the region is Luno
Headquartered in Singapore, Luno allows customers to buy, sell, and store digital currencies. Luno has been operating in several countries around the world including Great Britain, South Africa, and Nigeria. In Southeast Asia, Luno operates in Malaysia as one of the largest markets, as in Indonesia, where activities to invest in digital currencies have grown consistently.
unclear regulations are inhibiting Bitcoin adoption, financial institutions such as banks are worried about working with Bitcoin companies. policy makers tend to be cautious because from their point of view, the digital currency is still very new