BTC G20 Countries Current Regulatory Status

shawki(55)
Published in
#bitcoin
Words
117
Reading
1 min
Listen
Play
9y

USA

  • ICO Prohibited, Money Laundering & Illegal Act Regulations, Cryptographic Exchange Tradition License Scheme

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 all
BTC G20 Countries Current Regulatory Status | Ecency