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.
When bitcoin is accepted by a government, it will be regulated. They are going to impose tax for sure and some other rules to be imposed. From the taxes paid by every transactions and campaign maybe they can benefit. It is just my point of view.