Europe, Japan, Canada, Isreal, Korea, US, Singapore are some major countries where bitcoin has legal status. There are many other countries like India, Rusia those are preparing a draft for bitcoin legalization.
People who lives in the above mentioned countries are quite lucky, they have ATM's anywhere to cash out or deposit anytime of the day. I just wish that here in our country sooner our government will come to legalize bitcoin usage. However, it will come with a friendly regulations as well to avoid problems to occur.