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?
Cryptocurrency is not a bank account abroad and no shares. If the cryptocurrency is not regulated by the states, then as a general rule, it can be called a legitimate activity. According to the laws of most states, any business is considered legal if there is no special prohibition against it.