Post
Topic
Board Bitcoin Discussion
Re: What is the legal status of Bitcoin in your country?
by
Veter2000
on 19/08/2021, 16:45:35 UTC
until now my country has legalized bitcoin as an investment.  In the past bitcoin was still banned in my country.  But now bitcoin has been accepted and allowed to invest.  However bitcoins should not be used for payments.
in your country bitcoin is legal but why is it not accepted as a means of payment if it is legalized by the government then bitcoin can be a legal tender.

     Legalization means the emergence of the legal status of bitcoin in the legal system of the country as a property or financial asset. And the status of legal tender is fundamentally different. Almost all countries of the world leave the status of legal tender only for sovereign fiat currency. Even Japan has canceled the status of legal tender for cryptocurrencies and their transfer to the status of financial assets.