The legality of Bitcoin and other currencies depends on your location and what you want to do with it. Governments around the world are trying to capture the risks and rewards, the gameplay between consumer protection, anti-crime, and innovation. The risk to governments may vary, most of the most prominent markets are either against or favoring the use of digital currencies such as Bitcoin, but Western economies are generally using The rules are based on the principle of a soft touch to encourage innovation. The rule is a combination of different opinions around the world but look below to get the latest thing that governments are thinking of.