Good news for BTC G20 Current Regulatory Status
USA ๐บ
ICO Prohibited, Money Laundering & Illegal Act Regulations, Cryptographic Exchange Tradition License Scheme
European Union ๐ช๐บAgreed to more stringent rules to prevent money laundering and terrorist financing in Bitcoin and other virtual currency exchanges
Japan ๐ฏ๐ตtaxation, payment instrument recognition
Germany ๐ฉ๐ชIt is a legitimate financial instrument and may be taxable, but requires additional licenses and permits.
England ๐ฌ๐งNo government regulation
France ๐ซ๐ทWarnings about regulatory readiness (not disclosed in detail), 'risk of speculation and manipulationโ
Italy ๐ฎ๐นSome central banks consider issuing cryptocurrencies
Canada ๐จ๐ฆTaxation
China ๐จ๐ณCoin trading prohibited, ICO prohibited
India ๐ฎ๐ณNot accepted as a means of payment, regulation of money laundering and illegal activities
Brazil ๐ง๐ทFinancial assets not recognized, direct investment prohibited
South Korea ๐ฐ๐ทNo anonymous account transactions (real name system), tax preparation in progress
Australia ๐ฆ๐บNo government regulation
Russia ๐ท๐บCryptocurrencies regulation legislation, ICO prohibition, while allowing legislation, can run a legitimate exchange
Mexico ๐ฒ๐ฝPreparing taxation
Indonesia ๐ฒ๐จNo government regulation, prohibited from banks
Turkey ๐น๐ทNo government regulation
Saudi Arabia ๐ธ๐ฆSome regulations will be introduced but not prohibited
Argentina ๐ฆ๐ทNo government regulation
South Africa ๐ฟ๐ฆNo government regulation
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Hi, great post, have followed you. What do you think of the current state of the Bitcoin market?
I think that btc is going up soon, also I've just moved half of my portfolio in Cardano because of the nice updates that are coming and the cheap price that BTC put it just not haha