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Board Marketplace
Re: Bitcoin global regulation
by
lauder_larger
on 04/10/2018, 11:47:04 UTC
Define bitcoin as currency: Australia, Sweden.

It is clear that bitcoin transactions are illegal: Indonesia, Bangladesh, Bolivia, Ecuador and kyrgyzstan.

Clearly identified as legal means of payment: France, Japan.

Specific economic activities related to bitcoin: UK, Germany, France, Finland, Norway, Russia, Singapore, Israel.

The first country to recognize the legal status of bitcoin: Germany.

The first country to block bitcoin: Thailand (now a changed attitude)

ICO's country: China, South Korea.

Countries with positive attitudes to ICO: Russia, France.


Japan: embracing reform, licensing, and overall regulation.

Japan, as an innovator in this reform, has been on the cutting edge.
What about countries where it is not being recognized by the government, but people are still making use of it, well I will say it is legal in those countries since nobody wants to talk about them. And I’m still confused by what you guys mean by Sweden and Australia is the definition of Bitcoin as a currency, are they making use of it there as their conventional currency?
Time is coming that bitcoin will be globally accepted because more and more countries are regularizing bitcoin. In the future we will enjoy cashless markets. Nobody will use cash money for his shopping. One world and one currency and that would be definitely bitcoin because bitcoin is the leading crypto in the world and globally accepted.
Some days ago I heard that Germany also realized bitcoin. It means that the world is turning towards digital currency. I think after several years the whole world will accept cryptocurrency and as bitcoin is the leading crypto in the world most people will use only bitcoin as their regular currency. Although it will take long time but finally people will use it.