Bitcoin has been banned in almost all the countries, almost all the countries are against bitcoin , there are about 8 countries who has legalised bitcoin in their nation and has also legalised bitcoin transactions like in Florida, they are accepting bitcoin in payment of taxes by the people , in South Korea they are accepting bitcoin in exchange of selling car as stated by big car selling dealer and the reason behind banning the bitcoin is lack of proper authorised body over bitcoin and therefore these countries do not find bitcoin to be much trust worthy to legalise in their nation.