World Countries and Crypto Prohibitions

[Kluma 140]

The bank wants to offer a market that has been made safe and regulated, instead of choosing a piecemeal ban to protect consumers. However, the Singapore Monetary Authority has also noted institutional interest in trading digital assets, including BTC and Ethereum (ETH) among others.

[Sumayya 493]

You cam access crypto since the ip is not ban on most of the exchange, you can trade with about 90 percent of the exchange we have

[rchres 414]

Same here in the Philippines, We are freely to used bitcoin as payment for our bills, buying stuff and foods. You can convert bitcoin to fiat money here in the Philippines and withdraw in banks. It's legal and many people use Bitcoin here and my friends introduce Bitcoin.

[Afrizal rahman 2636]

In my country there are still cryptos who want to accept and some who don't. but I've heard that our president said that bitcoin must be learned by the milineers now.

[Emma 611]

On 10/23/2019 at 1:14 AM, Mohs3n71 said:

because they cant trace crypto-currencies, they can't receive tax on crypto and they are worry about mining pools that actually can increase the electricity usage so much

It is the main reason also in my opinion. no nation can trace the transections of blockchain. so they can't know the owner of the address and can't implement tax

[Benjamin 84]

We are all hoping that this cryptocurremcy will be freely used in our society like fiat money, some people here are using cryptocurrency but not all knows the cryptocurrency and this is not approved by our government.

[DrHaman 375]

Our land is definitely basic for you to crypto I really am certainly not experiencing just about any matter with all our crypto values and even though undertaking our employment on-line inside the crypto entire world.

[McCree 713]

A country that doesn't understand the benefits of cryptocurrencies probably because they've only used crude oil and gold all their live is more prone to a blanket ban on crypto.

[fuer44 1083]

to access, yes. There is also an official exchnager that provides crypto exchanges to local currencies, but the government has not stated that crypto assets are official and recognized assets by the state and banks. but so far it has been comfortable to use and there has never been a problem with government restrictions.

[Naga 1250]

in my country the government has no idea what bitcoin is and they are too busy handling other issues that the crypto community goes by without paying taxes.

[Wijayafajar06 274]

Most countries that allow crypto and some of it forbid by reason of money laundering and funding against terrorism, but in my country may use Crypto and there is no prohibition even though crypto in my country has not been legalized.

[Yanadia 1517]

On 10/21/2019 at 7:17 PM, cryptokram said:

Nothing to worry about cryptocurrency and Bitcoin. Here in Philippines we can use Bitcoin and other cryptocurrency to paybills and shopping receipt.  Also we have a legal wallet to hold them and send to other person with out a single fee. we can also convert BITCOIN to FIAT and withdraw them through banks and remittance centers. 

It's really comfortable reading where cryptocurrency has become a part of a country. I can imagine the Philippines being a fast-developing country with a good economy because of it. 

[Interface User 1070]

In our country the existence of Crypto Currency is not restricted because I think governments still doesn't care about this existence because only few people I think have an access in Crypto Currency.

[pkrs 603]

in my country it is not yet decided to accept bitcoin currency but has of now many people in many countries are trading on many platforms and earning good money. But for now everything is going smoothly in future no predictions think positive and go on.

[Soaib khan 1035]

in my country crypto working fine but officially not legalized maybe in future crypto currencies legalize in worldwide lest see.

[BTC Future 3946]

9 hours ago, Naga said:

in my country the government has no idea what bitcoin is and they are too busy handling other issues that the crypto community goes by without paying taxes.

Same as with me. Still take notice that this was happening in every country and suddenly they discovered that a few people were making their living from crypto and started hunting them and taxing everything. I guess this will happen to us as well.

[Sumayya 493]

7 hours ago, adamuidi89 said:

Crypto isn't legalized but we have a lot people that are into Cryptocurrency but we all stay anonymous because financial institutions are against it.

Yes they are against it they might be giving advice since they didn't take any action to ban it

[Roomi 1119]

On 10/21/2019 at 4:31 PM, cryptotalker said:

One of the leading countries in the world in terms of crypto assets and Blockchain is Malta. there people can continue their activities in a comfortable way. (Binance is therefore in Malta)

How are the approaches to crypto in the world and in your country? Is it possible to access crypto assets in your country?

No still not. A year ago in my country restriction was being applied on direct bitcoin trading. Also some of exchanges stop their operations in our country. In future it could be adopted but now there is not

[Naga 1250]

23 hours ago, BTC Future said:

Same as with me. Still take notice that this was happening in every country and suddenly they discovered that a few people were making their living from crypto and started hunting them and taxing everything. I guess this will happen to us as well.

i dont think i will ever pay the government any taxes on my bitcoin profits neither will i ever disclose my source of income to a bank, they need to allow bitcoin to be used in stores first if they want my tax money.

[BTC Future 3946]

8 minutes ago, Naga said:

i dont think i will ever pay the government any taxes on my bitcoin profits neither will i ever disclose my source of income to a bank, they need to allow bitcoin to be used in stores first if they want my tax money.

I don't mean I'm paying taxes out of my bitcoin profits. I mean there are taxes in general I have to pay. Also bills. Perhaps you didn't understand me. I think only a few countries have to declare cryptocurrency profits and trades to pay taxes.

[Naga 1250]

23 hours ago, gootnice said:

In my country currently can access Crypto, but that is invalid because there are still many pros and cons, the government still has not agreed to Crypto being here, for now I can only exchange my Crypto through the market to then exchange it for dollars.

thats how bitcoin started in most countries but with time it will get better and you will have many whatsapp groups and telegram groups for traders in your country. and if the government got involved then they will tax you so i hope they dont get  involved.

[Akbor 1042]

Now  a days maximum countries are allowing btc and many countries are adopting btc for their banking section. in future it will be allowed for many other countries I think.

[suzuya 945]

In our country we are allowed to use crypto for some transactions, we are also allowed to do buy and sell, also trading is legal too. Our government allows the use of crypto but they don't recognize bitcoin as a real currency. We are free to use our crypto as long as the activity is legal.

[AL SHAIMON 1293]

Malta is a very good platform. But people do not understand that's why they do not use it. I hope we will be benefited by using it.

[CryptoMaxim 3829]

I didn't think about it because I didn't face any financial problems in my country. Perhaps this is because I have little money in circulation.