Good news for BTC G20 Current Regulatory Status
USA 🇺
ICO Prohibited, Money Laundering & Illegal Act Regulations, Cryptographic Exchange Tradition License Scheme
European Union 🇪🇺
Agreed to more stringent rules to prevent money laundering and terrorist financing in Bitcoin and other virtual currency exchanges
Japan 🇯🇵
taxation, payment instrument recognition
Germany 🇩🇪
It is a legitimate financial instrument and may be taxable, but requires additional licenses and permits.
England 🇬🇧
No government regulation
France 🇫🇷
Warnings about regulatory readiness (not disclosed in detail), 'risk of speculation and manipulation’
Italy 🇮🇹
Some central banks consider issuing cryptocurrencies
Canada 🇨🇦
Taxation
China 🇨🇳
Coin trading prohibited, ICO prohibited
India 🇮🇳
Not accepted as a means of payment, regulation of money laundering and illegal activities
Brazil 🇧🇷
Financial assets not recognized, direct investment prohibited
South Korea 🇰🇷
No anonymous account transactions (real name system), tax preparation in progress
Australia 🇦🇺
No government regulation
Russia 🇷🇺
Cryptocurrencies regulation legislation, ICO prohibition, while allowing legislation, can run a legitimate exchange
Mexico 🇲🇽
Preparing taxation
Indonesia 🇲🇨
No government regulation, prohibited from banks
Turkey 🇹🇷
No government regulation
Saudi Arabia 🇸🇦
Some regulations will be introduced but not prohibited
Argentina 🇦🇷
No government regulation
South Africa 🇿🇦
No government regulation
