Post
Topic
Board Altcoin Discussion
Re: Is crypto legal in your country?
by
Fu Mei Mei
on 03/12/2018, 03:11:01 UTC
KYC are done to prevent members of some countries from participating in ICO because it is illegal over there. Does your country permit you to participate in ICO?
It depends on the intended of use, in my country (Indonesia) crypto is considered illegal if used as a transaction tool, but if used as an investment instrument the government does not prohibit it, because they consider crypto to be a commodity. So I think if participating in ICO is allowed, but with condition not used any crypto to buy it