Many countries seem to have a hard time defining and regulating Bitcoin. The current legal framework is not enough to deal with cryptocurrency revolution, thus most countries still have not considered Bitcoin to be an additional legal tender just like the function of their central bank issued fiat money.
However, the Bitcoin revolution is fast reaching the nooks and crannies of many countries all over the world, what with the use of the modern gadgets and the internet. Sooner or later, financial authorities have to come up with the necessary framework with which cryptocurrency can work with.
For now, let us just enjoy the "not yet legal but not banned" status which can anyway fine with me so I can still avoid paying taxes.
Right. This is time to nourish the journey with crypto currencies ,especially bitcoin. I live where it not yet announced to be legal or illegal. But recently the major authority announced its entities not to deal with cryto which is really annoying. When authority do not really understand what crypto is, it really makes us to see how bad and behind the authority is when their citizens are so far ahead with the current generation's move. Country should be lead by an educated, there were changes would occur.