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Scraped on 15/08/2025, 19:56:39 UTC
Despite the massive growth, advancement and advantages of Bitcoin and most crypto currency, why is it hard for most countries to fully accept it is or permit it's exchange?

What do you mean when you say fully accept Bitcoin?  As far as I look at the data, it contradicts your statement when you say most countries are having a hard time permitting the Bitcoin exchange.  If we look at the article https://blog.sagipl.com/legality-of-cryptocurrency-by-country/, it looks like there is more countries that accept Bitcoin than ban it.  These country as far as I know, accept Bitcoin as a mode of payment, thus the country permits the Bitcoin exchange.

So this is the reason why I asked what you mean by "fully accepting Bitcoin".  If we look at it as being recognized by the government to be used to pay for goods, exchange by people through trading then we can say that most country has it accepted thus contradicting your statement. But if weyou say it isas legal tender, then it is because of the restriction of the country's financial regulations.
Original archived Re: Despite the growth of bitcoin why haven't it been legalized by many nations?
Scraped on 15/08/2025, 19:52:15 UTC
Despite the massive growth, advancement and advantages of Bitcoin and most crypto currency, why is it hard for most countries to fully accept it is or permit it's exchange?

What do you mean when you say fully accept Bitcoin?  As far as I look at the data, it contradicts your statement when you say most countries are having a hard time permitting the Bitcoin exchange.  If we look at the article https://blog.sagipl.com/legality-of-cryptocurrency-by-country/, it looks like there is more countries that accept Bitcoin than ban it.  These country as far as I know, accept Bitcoin as a mode of payment, thus the country permits the Bitcoin exchange.

So this is the reason why I asked what you mean by "fully accepting Bitcoin".  If we look at it as being recognized by the government to be used to pay for goods, exchange by people through trading then we can say that most country has it thus contradicting your statement. But if we say it is legal tender, then it is because of the restriction of the country's financial regulations.