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    Thread: Countries Where Bitcoin Is illegal

    1. #12 Collapse post
      Clausfx is offline
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      Cryptocurrency transactions are officially permitted in a number of countries. They are usually regarded as a good or investment asset and are subject to the relevant legislation for tax purposes. In some countries, bitcoins are recognized as a unit of account (for example, in Germany), in others (for example, in Japan

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      bitcoin (and related crypto instruments) varies substantially from state to state and is still undefined or changing in many of them. Whereas the majority of countries do not make the usage of bitcoin itself illegal, its status as money

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by Trader_Rob View Post
      Is this true? Then if that happens, more people will start to have trust in cryptocurrency and transactions will become smoother.
      I've seen a bank that offers Bitcoin. They provide a separate ATM only for Bitcoin transactions. Most financial institutions have seen the advantages of Bitcoin. Now, they are starting to include Bitcoin in their trading list.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Bitcoins are not issued, endorsed, or regulated by any central bank. Instead, they are created through a computer-generated process known as mining. In addition to being a cryptocurrency unrelated to any government, Bitcoin is a peer-to-peer payment system since it does not exist in a physical form. As such, it offers a convenient way to conduct cross-border transactions with no exchange rate fees. It also allows users to remain anonymous.
      The following countries say no to bitcoin: China, Russia, Bolivia, Vietnam, Coloumbia and Ecuador

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Quote Originally Posted by darexgeorgieviya04 View Post
      It's illegal now while its under the adaptation process but by 2020 all cryptocurrencies are going to be authorized by all governments.
      Is this true? Then if that happens, more people will start to have trust in cryptocurrency and transactions will become smoother.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Bitcoin is accepted in Cyprus. They use Bitcoin to pay for their groceries and some utility bills.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      In Canada, Bitcoin is legal. But banks prohibit their credit and debit card holders from transacting bitcoin or any cryptocurrency using their cards.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      It is illegal in Egypt. A decree prohibiting commercial transactions on Bitcoin was issued in the country.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      It's illegal now while its under the adaptation process but by 2020 all cryptocurrencies are going to be authorized by all governments.

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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      Trading Bitcoin is still prohibited in Britain. :(

      Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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