Doesn't this sounds funny " Bitcoin Mining/Trading is illegal in Nepal" 7 people arrested for Bitcoin Mining/Trading.
Bitcoin is being legalized in many developed country and some top banks are also transaction using bitcoin and some online wallet like Skrill is accepting bitcoin. But it's illegal in Nepal. So people having Blockchain accounts and bitcoin in it is illegal? Will all these account holder with some bitcoin will be arrested. I think bitcoin should be legalized in Nepal with appropriate rules/regulations.
I know how bitcoin works and i am quite excited about bitcoin.I looked for articles regarding bitcoin mining.I don't want to do anything illegal so i am quite curious to know whether bitcoin mining is legal or not in India?
Hello everyone, I wanted to get insight from everyone on Bitcoin cloud mining. According to a friend of mine who has close ties to a corporate attorney, cloud mining such as paying for contracts with companies overseas IS ILLEGAL in the USA as it breaks security and license laws (SEC laws) because "you can’t divide a commodity into parts (like a machine), on top of that you most definitely can’t divide parts of power (TH) of a machine." As far as I know, mining in general is completely LEGAL as long as I follow these guidelines with the IRS: https://www.irs.gov/pub/irs-drop/n-14-21.pdf Any feedback, thoughts, or insight would be great. I think this is a healthy conversation for miners in general. Thanks!
By and large, bitcoin mining is considered a perfectly legal activity. Some countries regulate the use of bitcoin such as Iceland; mining bitcoin is not considered illegal. January 2018: China’s State Administration of Foreign Exchange begins a massive crackdown on Bitcoin mining. According to a 2018 report in the Wall Street Journal, illegal bitcoin mining is rampant in China. Almost 80% of all global crypto-mining between 2017 and 2018 took place in China. Without Mining, there will be no Bitcoin to trade, buy, and sell; as such, it is the producer of what is now a multibillion-dollar market. So is mining Bitcoin Legal or Illegal in your p[art of the world? This is what we intend to find out in this piece. Legality And Illegality As A Whole The short answer: In most cases, bitcoin mining is perfectly legal. In a few countries, however, bitcoin mining, as well as the possession and use of bitcoin is illegal. The fine line between using and digging bitcoin as a means of payment ensures that bitcoin mining is not regulated in almost the entire world. It is possible to say that bitcoin mining is legal since there are no regulations that declare it illegal.
Bitcoin Q&A: Will Governments Ban Cryptocurrencies? - YouTube
Articles: https://www.sciencealert.com/bitcoin-illegal-almost-everywhere-after-shocking-blockchain-discovery-child-pornography NEW CHANNELS: TechStockHouse: ... The current legal framework in most of the United States DOES NOT expressly stipulate that betting bitcoins or other cryptocurrency in online casinos is illegal. Start trading Bitcoin and cryptocurrency here: http://bit.ly/2Vptr2X Bitcoin mining is the process of updating the ledger of Bitcoin transactions known as th... Will governments or international government organisations implement their own centralised cryptocurrencies and ban the mining or ownership of open decentral... My Second Channel: https://www.youtube.com/channel/UCvXjP6h0_4CSBPVgHqfO-UA ----- Supp...