Is Litecoin legal?

[chirinemannai 143]

The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

[spyaquino 907]

I think that cryptocurrencies in general are not illegal, there are only regulations that vary from country to country, or rather, impositions, because critp there is no regulation by government. Anyway, their restriction varies from country to country.

[lakhlomoha 485]

What is the specialty of Litecoin 

like litecoin like bitcoin like ethereum and other crypto currency when it's legal for one it's legal for all no exception 

[Syedbesharat 5423]

First of all crypto currencies is not legal .lite coin and bit coin are same .where bitcoin is illegal hiw come litecoin would be legal .and then comes the countries their are many countries who have ban crypto currencies and nkw the exchanges are banning differwnt countries .today a exchange 31 countries and shut down their exchange with them.these problems should be solved and then all crypto currencies considerd legal in every where .you can not say  lite coin is legal.

[cryptosix 1643]

On 10/20/2019 at 11:43 PM, agentdosa said:

In Litecoin crypto currency is not an illegal currency but in the real world Litecoin and all crypto currencies are indeed illegal ...

Why they are illegal as some countries already regulated and working with them to make adoption. If you say Illegal, then no one should use any coin in such country.

People are still interested in these coins even after the Govt makes ban to them.

From my side if Bitcoin is legal in a country, then Litecoin too with other Crypto's as legal.

[Mathers 295]

All crypto have the same regulations or restriction differently across different countries and regions, but there have been no country that would consider one crypto legal and another crypto illegal.

[Corrado25 9442]

Strange question. And litecoin is no longer our cryptocurrency? How is it different from thousands of other crypto currencies? He has the same status as any other crypto currency. It is more correct to say he has no status. When legalized then there will be status

[bestprofi 372]

I do not see where this assumption related to the legality of Litecoin came from. Litecoin is the younger brother of Bitcoin. Litecoin is one of the oldest old coins in the market.

[ajizz 195]

Litecoin for now has a good price when compared to a few months ago.
even I think after bitcoin experienced a very high increase on yesterday, the incident had a good impact on the price of Litecoin.
Litecoin will be legal in all countries if it has sufficient value ..

[Wrath 149]

Litecoin is legal in all countries that are crypto friendly or that don't have a banned on crypto currency, with in these countries you can trade your litecoin or sell it for flat or anything you want to do with it.

[wingfield 137]

Litecoin is one of the most important currencies on the crypto market and I think it has the same legislation as that of Bitcoin. Honestly, I am not interested in whether it is legal or not legal, as long as investing in Litecoin makes me money.

[bestprofi 372]

16 minutes ago, Malu said:

If crypto is to be accepted all over the world, then all altcoins are automatic legal and there will no be restrictions to it.

Unfortunately, at the moment, there are countries where cryptocurrencies are totally forbidden and the penalties for owning, buying and selling cryptocurrencies are very harsh.

Edited November 4, 2019 by bestprofi

[ajizz 195]

Legal Litecoin?
why are you so sensitive about the rules of legality that are applied by the state?
I think crypto was created not to be subject to legality governed by the state and crypto was also created not to be regulated or controlled by the state.

[miskyming 1588]

Of course litecoin is legal it is just like bitcoin, but it depends to the country because some countries ban cryptocurrencies including litecoin. 

[khan22 3478]

Yes Litecoin is a legal coin and a real coin in the crypto market. Crypto market is a best and great market where we can get good profit even it will change our life and in this time market pumping time because from so much time crypto market is so much low and now it will go to buy soon.

[febriyana 934]

I my country Litecoin, Bitcoin, and other cryptocurrency is legal. But after seeing in reality, cryptocurrency in my country still on gray area. Where only people have exchanger can buy or sell cryptocurrency. Sometimes police coming to someone house to arrest who use cryptocurrency. I don't know what rules must i follow, but i am still holding and use some cryptocurrency. For security reason i don't trade it in real life.

[Soaib khan 1035]

Yes it is legal because Bitcoin  why is iligal? crypto Currencies are legal LTC very good coin can buy Im from India in India LTC legal

[Agios 1763]

In general, because no one controls Litecoin is illegal, but in some countries Litecoin is allowed to be used as a medium of exchange, also many countries prohibit Litecoin circulation because it would disrupt their financial circulation system.

[khan22 3478]

In my country still not any one coin is legal but soon i hope in the next year crypto will be legal and this is good for us because so many peoples will make a deal in crypto currencies and they make money through it and they are regularly support the crypto business. Crypto is a good business.

[Anarkos 20]

Legally, Litecoin is pretty much like Bitcoin and all the other cryptocurrencies. In some countries they are deemed as illegal while on the rest of the world cryptos are seen as legal financial instruments. Inevitably, cryptos will be a part of our everyday lives.

[chenaram Choudhary 5]

Yes litecoin is legal Sumerdan of bitcoin 

[as asadullah 4]

This is true; main reason is not researching about it more and do decisions immediately without thinking, ending when they get scammed they will be upset because of some reasons, blaming the scammers, but it is also their fault not double checking. 

[khan22 3478]

On 10/20/2019 at 11:02 PM, chirinemannai said:

The short answer is yes. The regulations vary from country to country, but you can expect to see national financial regulators interested in Litecoin and other virtual currencies, possibly alongside state-level regional regulators.

Every coin is legal but if the countries will allow this because in the world just some countries will allow or legal the crypto coins in their country and most of the countries will block this and they says that BTC and also other crypto coins are illegal and this is not good because crypto is a business and i hope soon it will be legal for us.

[leodamiel 6]

Light coins are one of the cryptocurrencies. Many countries call cryptocurrency illegal. However, I think cryptocurrency will play a new role in the currency world in the future. Demand for cryptocurrency is increasing day by day.

[Ankit Nepal 719]

Yes certainly you can mine litecoin and it is legal every where. It is legal like other coins like bitcoin, etherium etc. Litecoin is good for mining and for long term vision.