Quote from: Gladitorcomeback on June 07, 2023, 05:00:22 PM

Quote from: Woodie on May 31, 2023, 08:40:19 AM

A few months down the line we have a couple of countries that have recognised crypto to be legal tender, which means you can trade or buy it freely...but even without these regulations at play I think we have several other countries that are neutral on this issue and you can still buy crypto without any problems unless you have problems with payment processors and the alike.

There are still many big countries which allow their citizens to trade freely. UAE is a country where every exchange has opened crypto office and everybody can trade crypto their. Some country have legalized crypto but they charging fee is high like India while some country (Pakistan, Bangladesh, China) are going to ban crypto. we are using P2P trading because buying through credit card is not legal and very risky to do this. we are buying for six years and didn't faced any problem yet.

Yeah, Dubai is one county that I know where you can freely use crypto without any issues. That is the reason we see a lot of startups in Dubai related to cryptocurrencies. A lot of crypto YouTubers who publish crypto content regularly have recently moved to the United Arab Emirates as it is crypto-friendly.

Also, I do not consider the China ban serious because these Chinese people keep claiming to ban Bitcoin BTC, but that is just temporary.

And if crypto is not legal in your country, better avoid it because even if you survived the 6 years, someday the law enforcement agencies may just find you and then they might put you on trial of court for using the banned product (crypto) for so many years,