Many countries seem to have a hard time defining and regulating Bitcoin. The current legal framework is not enough to deal with cryptocurrency revolution, thus most countries still have not considered Bitcoin to be an additional legal tender just like the function of their central bank issued fiat money.
However, the Bitcoin revolution is fast reaching the nooks and crannies of many countries all over the world, what with the use of the modern gadgets and the internet. Sooner or later, financial authorities have to come up with the necessary framework with which cryptocurrency can work with.
For now, let us just enjoy the "not yet legal but not banned" status which can anyway fine with me so I can still avoid paying taxes.
Bitcoin status is very different from each country, because the financial system is different and the laws are not the same, but indeed bitcoin is not a prohibited item, so the status still does not violate the law, so bitcoin traders can trade freely, but if they transfer money to the State this origin is usually problematic, because the government will examine the flow of funds, but it can still be overcome.