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The legal status of cryptocurrencies varies substantially from one jurisdiction to another, and is still undefined or changing in many of them. [1] Whereas, in the majority of countries the usage of cryptocurrency isn't in itself illegal, its status and usability as a means of payment (or a commodity) varies, with differing regulatory implications.
The general notion of cryptocurrencies in Europe denotes the processes of legislative regulation, distribution, circulation, and storage of cryptocurrencies in Europe. In April 2023, the EU Parliament passed the Markets in Crypto Act (MiCA) unified legal framework for crypto-assets within the European Union .
The techinasia source cited to confirm that bitcoin is "illegal in Indonesia" cites another source for its findings, namely dailysocial, which observably confuses the statement that bitcoin is "not a legal tender in Indonesia" with a statement that bitcoin is "illegal in Indonesia".
Bitcoin has rallied more than 40% since Trump's presidential win in November, repeatedly coming just shy of the $100,000 milestone. On Thursday the token surpassed $103,000 before pulling back.
Additionally, bitcoin can no longer be used to pay taxes or settle government debts. The government is also stepping back from its involvement in Chivo Wallet, the state-backed digital wallet.
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The Dominican Republic government is NOT hostile towards bitcoin (see Legal_status_of_bitcoin.svg). You can deposit to Binance via Banreservas which is a bank controlled by the government. Hectorlf1 00:48, 3 March 2022 (UTC) Not done: please provide reliable sources that support the change you want to be made.
Dodd quotes a YouTube video, with Roger Ver, Jeff Berwick, Charlie Shrem, Andreas Antonopoulos, Gavin Wood, Trace Meyer and other proponents of bitcoin reading The Declaration of Bitcoin's Independence. The declaration includes a message of crypto-anarchism with the words: "Bitcoin is inherently anti-establishment, anti-system, and anti-state.