Warnings about buying Bitcoin Legal problems in your country - Page 5 - Crypto World - CryptoTalk.Org Jump to content
chirinemannai

Warnings about buying Bitcoin Legal problems in your country

Recommended Posts

On 10/20/2019 at 2:35 AM, chirinemannai said:

Bitcoin certainly attracts the attention of law enforcement agencies, tax authorities and legal regulators. What they are trying to understand is how cryptocurrencies fit existing frameworks. How legal Bitcoin activities are depends on who you are, where you live and what you do with them. Basically, the answer for most countries is simple: if you don't spend your Bitcoin currencies on anything illegal, you don't violate any laws.

Bitcoin has been around for some time now, so most governments have had time to decide on their legitimacy. As of September 2017, Bitcoin is only illegal in Vietnam, Iceland, Bolivia, Ecuador, Kyrgyzstan and Bangladesh. Some other countries have not taken an official position on the issue, while Thailand and Russia initially banned all cryptocurrencies, but retreated shortly after. More recently, Russian authorities have officially recognized Bitcoin and all other cryptocurrencies in order to combat illicit transactions (Vedomosti).
Protection risks

It is worth noting that while the identity requirements imposed by most stock exchanges and the preservation of their users are established, these services do not provide the same level of protection as banks. For example, if a stock exchange goes bankrupt or is stolen by hackers, the insurance of users' funds is often very limited or nonexistent at all. This was the case with the failed Chinese stock exchange MTGox, which formally filed for bankruptcy protection and admitted an irrevocable loss of 75,000 from Bitcoin to its customers. Since Bitcoin has no legal status as a currency in most parts of the world, authorities are usually unsure of how to handle thefts. There have been cases of larger exchanges replacing the money of their clients after the theft of the exchange itself, but at this stage of Bitcoin development, they are not legally obliged to do so.

Furthermore, if the theft of cryptocurrencies occurs because of a security breach or password error by the user, there is no guaranteed way to get the money back. Some banks even refuse to work with money obtained through cryptocurrency transactions because of regulatory uncertainty.
 
 

It is significant that while the character prerequisites forced by most stock trades and the safeguarding of their clients are set up, these administrations don't give a similar degree of assurance as banks.

Share this post


Link to post
Share on other sites
On 10/20/2019 at 2:35 AM, chirinemannai said:

Bitcoin certainly attracts the attention of law enforcement agencies, tax authorities and legal regulators. What they are trying to understand is how cryptocurrencies fit existing frameworks. How legal Bitcoin activities are depends on who you are, where you live and what you do with them. Basically, the answer for most countries is simple: if you don't spend your Bitcoin currencies on anything illegal, you don't violate any laws.

Bitcoin has been around for some time now, so most governments have had time to decide on their legitimacy. As of September 2017, Bitcoin is only illegal in Vietnam, Iceland, Bolivia, Ecuador, Kyrgyzstan and Bangladesh. Some other countries have not taken an official position on the issue, while Thailand and Russia initially banned all cryptocurrencies, but retreated shortly after. More recently, Russian authorities have officially recognized Bitcoin and all other cryptocurrencies in order to combat illicit transactions (Vedomosti).
Protection risks

It is worth noting that while the identity requirements imposed by most stock exchanges and the preservation of their users are established, these services do not provide the same level of protection as banks. For example, if a stock exchange goes bankrupt or is stolen by hackers, the insurance of users' funds is often very limited or nonexistent at all. This was the case with the failed Chinese stock exchange MTGox, which formally filed for bankruptcy protection and admitted an irrevocable loss of 75,000 from Bitcoin to its customers. Since Bitcoin has no legal status as a currency in most parts of the world, authorities are usually unsure of how to handle thefts. There have been cases of larger exchanges replacing the money of their clients after the theft of the exchange itself, but at this stage of Bitcoin development, they are not legally obliged to do so.

Furthermore, if the theft of cryptocurrencies occurs because of a security breach or password error by the user, there is no guaranteed way to get the money back. Some banks even refuse to work with money obtained through cryptocurrency transactions because of regulatory uncertainty.
 
 

Although the cypto currencies are not insured and also have a big chances of loss and also most of countries does not allowing bitcoin, but we can not forget the value of and can not leave behind the bitcoin now. As it is being adopted and also started liked by banking system too. It will create space in stock exchange too nearly in future. I hope we could see further improvements in near future when bitcoin will become the mainstream of all financial markets.


I am sick of LOVE and want your click on ❤️.

Share this post


Link to post
Share on other sites

In my country, I find it difficult to buy and sell bitcoin. I don’t know what governments ’decision in my country is about encryption. Nobody told me anything about that. I’m selling bitcoin to other people for real money.

Share this post


Link to post
Share on other sites

The warning about buying bitcoin legally in out countries, is only about the good use of bitcoins, because others are buying bitcoin in order to buy drugs with the bitcoin 


Trade on forex without KYC verification, also deposit and withdraw easy with bitcoin.... Just click on this LINK

 

The best forex broker with leverege up to 300× minimum deposit $10 only.

Iqoption.com/signup

Share this post


Link to post
Share on other sites

In India, it is really bad, the good thing is that, the Supreme Court did say bitcoin is not illegal or it didnt ban it, but with the present attitude of the governments, it would be a high risk idiocy to let them have your details, coz they intend to put everyone in jail who deals in crypto. So I would really request Indians to be very careful in crypto. Keep your KYC with you at all cost. 

Share this post


Link to post
Share on other sites

The government is not making any announcements or regulations related to cryptocurrency. I think people can still buy and sell bitcoin without any problems, so people should not be afraid of anythingSome countries that have banned bitcoin will promote at least one crypto currency in the near future: its own crypto currency

Share this post


Link to post
Share on other sites

The governments in my country do not allow the sale or purchase of bitcoin or any other cryptocurrencies and is considered illegal


THINK POSITIVE

Share this post


Link to post
Share on other sites
On 10/20/2019 at 11:04 PM, Syedbesharat said:

In my country their is many problems for buying bitcoin and other currencies we have to take long detour for them.we have to pay extra and find trusty person for usd then we convert  it in to coins and many exchanges  fees kill us .but we never give up on crypto we take de tour and buy crypto currencies.evwn if they cost us more then their exchange rate.i hope our government take interst in it and make some legal laws for us.

I hope that too that the government takes initiatives to make cryptocurrencies legal but they have their own rules and regulations to follow.

Share this post


Link to post
Share on other sites

We have to pay extra and find a trusted person for USAD, then kill us with our currency and many exchange fees. Buy us and crypto currencyWe have long checks for Bitcoin and other coins in some countries, so there are many problems with buying Bitcoin and other coins in my country

Share this post


Link to post
Share on other sites
On 10/20/2019 at 3:35 AM, chirinemannai said:

Bitcoin certainly attracts the attention of law enforcement agencies, tax authorities and legal regulators. What they are trying to understand is how cryptocurrencies fit existing frameworks. How legal Bitcoin activities are depends on who you are, where you live and what you do with them. Basically, the answer for most countries is simple: if you don't spend your Bitcoin currencies on anything illegal, you don't violate any laws.

Bitcoin has been around for some time now, so most governments have had time to decide on their legitimacy. As of September 2017, Bitcoin is only illegal in Vietnam, Iceland, Bolivia, Ecuador, Kyrgyzstan and Bangladesh. Some other countries have not taken an official position on the issue, while Thailand and Russia initially banned all cryptocurrencies, but retreated shortly after. More recently, Russian authorities have officially recognized Bitcoin and all other cryptocurrencies in order to combat illicit transactions (Vedomosti).
Protection risks

It is worth noting that while the identity requirements imposed by most stock exchanges and the preservation of their users are established, these services do not provide the same level of protection as banks. For example, if a stock exchange goes bankrupt or is stolen by hackers, the insurance of users' funds is often very limited or nonexistent at all. This was the case with the failed Chinese stock exchange MTGox, which formally filed for bankruptcy protection and admitted an irrevocable loss of 75,000 from Bitcoin to its customers. Since Bitcoin has no legal status as a currency in most parts of the world, authorities are usually unsure of how to handle thefts. There have been cases of larger exchanges replacing the money of their clients after the theft of the exchange itself, but at this stage of Bitcoin development, they are not legally obliged to do so.

Furthermore, if the theft of cryptocurrencies occurs because of a security breach or password error by the user, there is no guaranteed way to get the money back. Some banks even refuse to work with money obtained through cryptocurrency transactions because of regulatory uncertainty.
 
 

I live in Bangladesh. In 2014 my country made crypto illegal. They though our internal money can transafer in abroad easily. It can be thread for us. But i think soon our country also adopt crypto as our prime minister announced.


 

                                                    BetFury                                                    

🐥Twitter | 📩Telegram | 🎲 You play - We pay 🎲 | YouTube 🍿| Reddit  🕹

                                                    Free BTC 1 800 Satoshi every day[/url]                                                   

Share this post


Link to post
Share on other sites
On 12/9/2019 at 1:06 PM, myaccount1 said:

When I hear the word of terrorism and money laundering for bitcoin i feel very angry that why some government think about bitcoin that is not good for their country, because the  terrorism and money laundering is not just in bitcoin they do it in fiat money and its all related on the human mind.

 

Bitcoin currency  is not ligit and crypto currency then  I hope  there is need to go to the shops or market of purchase  it save many people expensive time. 

Share this post


Link to post
Share on other sites

With one thing, the state will not be liable if frauds and losses occur. Although my country does not legalize cryptocurrency, I think they have issued a decision banning their use in my country, but they have not reached the point of resistance because the government allows people to use it widely.

Share this post


Link to post
Share on other sites

As far as I know, bitcoin is still not official in my country, they consider it dangerous, because it uses money to smuggle and finance terrorists and some people really like to use it for extra income, so how do they use it and why.  It depends on everyone. The truth is I don't know. Thanks 

Share this post


Link to post
Share on other sites

I never received a warning for involving myself in cryptocurrency I can buy as much as I can without knowing of anybody I only use my mobile phone and laptop to make a transaction

Share this post


Link to post
Share on other sites

I think we should not keep bitcoin in banks. Satoshi Nakamoto invented bitcoin in order to keep everyone with their own money. We have many decentralized and hardware wallets so why keep the bitcoin in banks!

Share this post


Link to post
Share on other sites

In this forum I found the best way to earn bitcoin, to start trading in cryptocurrencies, as I can not find a broker to transfer money to Bitcoin .. Here is the problem.

Share this post


Link to post
Share on other sites

Yes, indeed many countries have attended the circulation of any purchase and sale of bitcoin within their borders, but in my country this decision has not yet been implemented, so it is not valid and there is no problem.

Share this post


Link to post
Share on other sites

Buying the Bitcoin can be a very well know and also to be added that it will be very beautiful and also we all can be banned because of getting the warning from buying the Bitcoin and also it is because of it is not legal in other countries.

Share this post


Link to post
Share on other sites

May be in my country bitcoin is banned.But as student bitcoin help me a lot.It also help those who are students and they earn very easily.So it also may helps unemployment .I think government don't banned this.

Share this post


Link to post
Share on other sites

I do not see any particular reason of why the government so against in the sense of crypto currencies. No, I know that they say about illegal stuff and so on, but in fact crypto makes ordinary people richer and they spend more money and that fact moves the whole economy, right?! So why so many crypto bans? 

Share this post


Link to post
Share on other sites

In my country, there is no law prohibiting the use of cryptocurrencies, but there is difficulty in dealing with it, but international sanctions

Share this post


Link to post
Share on other sites
On 10/20/2019 at 12:35 AM, chirinemannai said:

Some banks even refuse to work with money obtained through cryptocurrency transactions because of regulatory uncertainty.

My bank just has done this in the past, we have like one or 2 smaller banks who are dealing with accounts or firms linked to cryptocurrencies. This makes me uncomfortable and i think i have to move to other bank.

Share this post


Link to post
Share on other sites

I must be cautious about buying cryto currency and for various reasons, and I must be careful.  If I am not careful, I will certainly come here in various ways.  I find here a very good site financially benefiting from working with this site.  And working with it will earn you a lot of money.  Every day here you can definitely get a job.  So I would like to say that if you work you will be able to do well thank you for sharing with us.

Share this post


Link to post
Share on other sites

In some cases, the government censors its use. But people do not understand Bitcoin management very well. In my country, half is acceptable. Because in some big stores they allow payment through cryptocurrency

Share this post


Link to post
Share on other sites

In our country its illegal to buy or sell bitcoins they their is a legal notice from the government to all citizens of our country not to offend the rules 

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.

  • Topics

  • Сообщения

    • الصيانة التلقائية: عرضك للترجمة عبر الإنترنت من MintBit" خاص وعمال التعدين وعشاق التشفير! إنك تمتلك خدمة MintBit الفريدة من نوعها في عالم التعدين — حيث أننا نوفر خدمات الترجمة في أوقات حقيقية. التي تقدم خدمات عالية الجودة, لكنه يضمن الحد الأقصى من العرض لشركتنا. ؟؟؟؟ بداية الترجمة عبر الإنترنت في الصناعة، حيث نتقدم أولاً بداية سريعة، سنكتشف الحقيقة في عملية التشغيل الخاصة بنا. لدينا خصوصية прозрачности и открытови. ؟؟؟؟ ️ р ыйный مس ц Mintbit. наша онлайнإإسف "يونيو (أيبوس). . ؟؟؟؟ لا تساعد خدمة تأجير الترجمة عبر الإنترنت كثيرًا، ولكنها تتيح لك مراقبة فعالية الإدارة الفعالة لحياتك اليومية ю محتمل. نحن نستخدم التقنيات السابقة لتعظيم أرباحك. ؟؟؟؟ يتم إنشاء برنامج المكافآت والإحالة بواسطة MintBit، ويمكنك الوصول إلى برنامج الإحالة الخاص بنا. لكل من الإحالة النشطة التي تقوم بإيداع الحد الأدنى من الودائع، فإنك تحصل على مكافأة مضمونة. يقدم برنامج الإحالة المتعدد الخاص بنا: - 1 يورو: 3 دولارات للإحالة الفعلية + 5% من إيداعها. - 2 يورو: +3% من الودائع المحولة منذ البداية. - 3 يورو: +1% من الودائع المرجعية بثلاثة يورو. ؟؟؟؟ إيرادات كبيرة وإيرادات ضئيلة يتزايد مستخدمو خدماتنا بشكل يومي من 1% إلى 2% مما يجعل إجراء الصيانة الرئيسية باستخدام MintBit قويًا مرة أخرى. الحد الأدنى من المال لتنمية الصناعة هو الصناعة القياسية والتمتع بتقنيات التشفير المختارة. ؟؟؟؟ هل ترغب في معرفة كيف تتعلم ما هو العرض المهم في الأعمال التجارية الشاملة? كيف تصل خدمة الترجمة عبر الإنترنت إلى منصات الكمبيوتر المفضلة لديك؟ إن اهتماماتنا مهمة بالنسبة لنا، ونحن نتدفق من خلال حوار مفتوح حول جميع جوانب خدمتنا. قم بالتواصل مع المساعدة وحذف الأسئلة والأجوبة الخاصة بك. احصل على المزيد من الإبداع، أساسًا للفخر، والوضوح، والدعم الرائع. تفضل https://mintbit.co/
    • Сам тоже думаю не садиться в этот поезд, а то пошёл там выполнять их задания в Гелакси и только сбои да сбои, надоело там раз разом крутить кнопку проверки. Почему всё так происходит не пойму, полностью отбили мотивацию.
    • Если их машина по сжиганию будет работать отлично, то и токен будет в будущем расти из-за сокращения его огромного количества. Пока как знаю дела в этом направлении идут не плохо, но рост конечно идут за счёт Битка.
    • Да это уж многих удивило, сам тоже увы не в теме, хотя крос у меня стоил 10$, если был бы 100$, то точно зашёл бы в тему с ремонтом, а там уже каждый день за 20 дайсов мог бы получать по 0.5$ за 20 секунд.  Кстати у вас всё ещё видны ваши кеды ? Их можно ремонтировать 🤔
    • Да, типа это пользователи так сделали, что форум на дне, а ведь с самого начала нужно было понять, что на одной оплата так далеко дело не пойдёт. Нужно было с самого начала работать над качеством пользователей и жёстче бороться с ботоводами, мотивировать на создание топиков, дать возможность размещать реф ссылки во всех разделах форума, в том числе и сокращение ссылки, подключить рекламу к форуму, если так плохо дело с подписанными. И это только начало списка, где всё это можно реализовать, но нет никаких действий очень долгое время.
    • Отлично, что и у вас получилось, теперь можно будет вникать в тему, где как заметил сами их квесты много времени не отнимают, ну кроме проверки. Сделал всё, оставил на час или вообще зайдёшь завтра и уже можно минтить поинты.
    • Если так будет, то шансов на успех скорее всего будет не многовато, когда рынок может пойти на дно и даже Лаунчпад на Бинансе особо то не сможет помочь проекту. Хотя будет надеяться на то что всё пройдёт хорошо и после халвинга не будет сильный спад рынка.
    • Из-за чего про них будут помнить ещё несколько сотен тысяч пользователей, которых они не хило кинули. А всё могло быть иначе, если разработчики распределились с дропом получше как и вообще самим листингом токена.
    • Принимайте high risk платежи со всего мира с помощью Paykassma   Ведущее решение для обработки платежей в Индии, Бангладеш, Индонезии, Вьетнаме, Южной Африке, Бразилии и многих других странах с 2019 года   3,2+ млрд потенциальных клиентов на самых перспективных рынках ждут вас   100+ локальных платежных методов в одной интеграции: bKash, Nagad, Upay, Rocket, PM, PhonePe, UPI, UPI S, IMPS, PayTM, Easypaisa, Jazz Cash, Skrill, Neteller, Vietin Bank, Visa, Mastercard и многие другие   Попробуйте Paykassma сегодня!   Рост конверсии +20% Увеличение оборота x100 за неделю 99.9%+ успешных платежей Без роллинг резервов Без холдов Расчетный период T+0 Поддержка 24/7/365    Моментальный прием платежей, выплаты пользователям и вывод средств в BTC/USDT или через банковский перевод в любое время   Помогаем расти бизнесам в любых вертикалях с 2019:   iGaming Forex Trading Binary Dating E-commerce Education & more   Простая интеграция через API или Платежную страницу с настраиваемой формой оплаты   С чего начать?   Оставьте заявку по ссылке ниже, и в ближайшее время вы получите лучшее предложение для процессинга high risk платежей   Оставить заявку   FAQ   Как выбрать лучший платежный шлюз для high-risk ниши?   При поиске решений для процессинга платежей в high risk вертикалях очень важно оценить, сможет ли шлюз справиться с ожидаемым объемом транзакций, особенно в пиковые моменты. Ищите поставщиков с большим опытом работы в отраслях с высоким уровнем риска. Убедитесь, что шлюз соответствует требованиям PCI DSS. Проверьте, насколько легко интегрировать конкретный шлюз с вашими существующими системами. Paykassma работает на рынке high risk платежей с 2019 года, поэтому наша команда сможет обеспечить надежную инфраструктуру, способную без труда обрабатывать платежи в любом масштабе.   Что такое процессинг high risk платежей?   Обработка high risk платежей – это услуги, предоставляемые Paykassma бизнесам, которые работают в вертикалях с повышенным риском возврата платежей, мошенничества или более склонны к финансовой нестабильности. Регулирующие органы часто осуществляют усиленный контроль над подобными организациями. Это такие вертикали как электронная коммерция, фарма, нутра,  форекс, трейдинг, азартные игры (“гемблинг” или “гэмблинг” как казино, “букмекерство” или “беттинг” как ставки на спорт), развлечения для взрослых и другие. Будучи ведущим платежным процессором в high risk сегменте, Paykassma специализируется на работе с такими видами бизнеса, предлагая им возможность принимать оплату через 100+ локальных платежных способов по всему миру.   Что такое high risk merchant account?   High-risk merchant account – это тип банковского счета для бизнеса в сегменте high risk. Наличие подобного счета позволяет компаниям работать и развиваться, принимая платежи в режиме онлайн. Для high risk merchant account очень важно найти подходящего платежного оператора, который понимает их отрасль и может предложить условия и услуги, соответствующие их конкретным потребностям. Paykassma – выбор лидеров индустрии, проверенный и надежный поставщик high risk merchant account на рынках Азии, Африки и других регионов с 2019 года.   Попробуйте онлайн-демо     Отправляйте заявку по ссылке ниже, и мы предложим вам лучшее решение для обработки high risk платежей по всему миру в ближайшее время       Оставить заявку  
    • Уважаемые форумчане!Рады сообщить, что наш обменник разместился на мониторингахhttps://glazok.org/exchange/?details=1274 https://www.okchanger.ru/exchangers/xgramБудем рады Вашим пожеланиям!
×
×
  • Create New...