Post
Topic
Board Legal
Re: why bitcoin illegal in asia?
by
iMark
on 09/06/2018, 02:13:29 UTC
bitcoin illegal  some asia country bt why?can you give me some reason about this?? thanks

It's because the governments of some of these countries think they're being used by terrorists and drug syndicates to transfer funds for their illegal activities. While other countries suspect it's being used to launder money.
Yeah you're right some Asian countries some time ago give a surprising rule by banning bitcoin circulating in their country, of course it makes us shock, after that some countries follow it, their reason is almost same because bitcoin is used for illegal activities like funding terrorist and threaten the existence of fiat