The legality and legal status of the cryptocurrencies are interested in a large number of holders of the crypt.
Company Moneto (https://mone.to/) have already written a detailed article about the legal status of bitcoin in different countries.Today we will remind you the main points.
So, the cryptocurrency market is growing rapidly. Because of so many different tokens, the authorities are suspicious of them. However, many States have already been able to cope with their fears, which in most cases are unfounded. First of all, we have to say that the most important cryptocurrency is bitcoin, inspires more confidence in Western countries. This BTC holders has a long exceeded 10 million. And this is more than the population of a country like Sweden or the UAE, and it is impossible to take in many people.
Given that this is probably the most important factor, many States are taking the first steps in the legalization of cryptocurrencies. They can be divided into two groups. The first should include those countries that are developing the billing to regulate the status of Bitcoin, or at least do not prohibit it, and the second, we will include countries.
Let me remind you what these countries are.
(1) in Australia, Belgium, Brazil, Canada, Colombia, Croatia, Czech Republic, Cyprus, Denmark, France, Germany, Hong Kong, Israel, Italy, Japan, Ukraine, New Zealand, Norway, Poland, Singapore, Slovenia, South Korea, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States, etc.
- Bangladesh, Bolivia, China, Ecuador, Iceland, Indonesia, Kyrgyzstan, Lebanon, Russia, Thailand, Vietnam, etc.