Mahdirakib87 Posted October 16, 2019 #1 Posted October 16, 2019 Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. For many reason btc is banned/illegal in many countries. Like China, India, Saudi Arab, Egypt, Qatar etc. Do you use bitcoin being in restricted area?
Saaho2019 Posted October 16, 2019 #2 Posted October 16, 2019 In India its not illegal as one can use it freely as of now as recently union minister of state for finance Anurag thakur said and i quote Quote "There is no separate law to deal with issues relating to cryptocurrencies, but “concerned departments and law enforcement agencies, such as RBI, Enforcement Directorate and Income Tax authorities, etc. take action as per the relevant existing laws.” As RBI (Central bank)on April 6, 2018 issued noticed to all banks dealing with crypto you can check full notifictaion here (https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=11243) One can still trade buy and sell crypto using peer to peer platforms
rararararay08 Posted October 16, 2019 #3 Posted October 16, 2019 It is legal here in the Philippines, actually we have our own crypto wallet named "coins.ph" where you can exchange your peso bill into btc,bch,eth and xrp.
Sumedang Posted October 20, 2019 #4 Posted October 20, 2019 Here in Indonesia bitcoin is legalized, and the popular site here for making withdrawals is indodax.com even though there are other sites.
wyj1306 Posted October 20, 2019 #5 Posted October 20, 2019 Here in Brazil they are not banned but they are in the process of regulation, but here in Brazil has had a lot of growth this year on this subject.
niki014 Posted October 26, 2019 #7 Posted October 26, 2019 pff do you know how illegal bitcoin can be ? something in the sort of Attention dont watch this video if you are under 18 they cant do anything about it even if you use it they wont even know you are using it and even if they did what are they going to do put ya in jail for owning bitcoins ? hahaha
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