in my country. Bitcoin is allowed to be traded. Bitcoin has been legalized as an investment just like gold. However bitcoin is not allowed to be used for payments. Because the only currency allowed is rupiah.
This is a good choice because of the utility and the constantly volatile bitcoin exchange rate. Of course this is something very good because in that way bitcoin can still be special and not lose its privileges and fiat is still the first to be used for transactions.
despite some countries that have legalized bitcoin as a legal currency for transaction tools, I still prefer things like this.