Comming from a 3rd world country, many opinions around but not certain. The country gov. doesn't have official statement about crypto. There is a law that you cannot own a bank account abroad and that you can't own stocks outside of the contry. But i think crypto doesn't fit into stocks sector. What are your oppinions?
in countries that do not recognize crypto currency as a medium of exchange, for example, bitcoin is prohibited from exchanging directly but there are still many governments that recognize bitcoin as a deposit
so bitcoin ownership outside my country is legitimate, because the government cannot prohibit its citizens to save their money where they want, and very many third world people save money at bank banks in developed countries because they feel safer.