Good news for BTC G20 Current Regulatory Status
- ICO Prohibited, Money Laundering & Illegal Act Regulations, Cryptographic Exchange Tradition License Scheme
- taxation, payment instrument recognition
- It is a legitimate financial instrument and may be taxable, but requires additional licenses and permits.
- No government regulation
- warnings about regulatory readiness (not disclosed in detail), 'risk of speculation and manipulation’
- Some central banks consider issuing cryptocurrencies
- Taxation
- Coin trading prohibited, ICO prohibited
- Not accepted as a means of payment, regulation of money laundering and illegal activities
- Financial assets not recognized, direct investment prohibited
#South Korea
- No anonymous account transactions (real name system), tax preparation in progress
- No government regulation
- Cryptocurrencies regulation legislation, ICO prohibition, while allowing legislation, can run a legitimate exchange
- Preparing taxation
- No government regulation, prohibited from banks
- No government regulation
#Saudi Arabia
- Some regulations will be introduced but not prohibited
- No government regulation
#Republic of South Africa
- No government regulation
#European Union
- Agreed to more stringent rules to prevent money laundering and terrorist financing in Bitcoin and other virtual currency exchanges
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thanks nice ine
Incorrecdt about Russia. So far there is no laws at all. Expect to have them this summer. ICO and mining will be fully legal. Trading can still be prohibited as Central bank is fully against it.
No problem u will grow