So in the most countries, bitcoin is neither declared legal or illegal. In some it is declared illegal and some are actually allowing it and also promoting their own alts.
So what would a government needs to do to regulate bitcoin in the country? And how can a government actually benefit from legalizing bitcoin in the country? How can it actually support the economic system of the country.
Government want to regulate cryptocurrency market because government want to collect taxes. As we know that cryptocurrency market always growing year by years and its give government to adding more income from crypto trade