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 need 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?
To legalize bitcoin, it will undergo a lot of process, regulations, and conditions for the welfare of the whole country. I guess it would not be easy to make btc legal because of some other important aspects. Of course, it will also help the people but there are also some certain conditions we need to consider.