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    Home » Currently, Bitcoin is fully or partially legalized in 111 countries

    Currently, Bitcoin is fully or partially legalized in 111 countries

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    By BlockchainJournal on February 12, 2019 News
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    According to the Coin Dance service, by now Bitcoin has 111 States legalized to one degree or another.

    Resource analysts emphasize that Nigeria occupies a special place in the ranking, where bitcoin operations can be carried out, but such transactions do not comply with local legislation.

    According to the latest data, in the last 24 hours, the total volume of transactions using BTC paired with the Nigerian naira was about 0.03% of the total volume of transactions with the largest digital currency.

    In Indonesia , bitcoin operations are not formally prohibited, but they are “limited”.

    In Vietnam, you can legitimately invest in Bitcoin and keep savings in such an asset, but it is prohibited to use the coin as a payment instrument.

    Fully bitcoin operations are prohibited in Muslim countries such as Afghanistan, Algeria, Bangladesh, Pakistan, Saudi Arabia and Qatar. In addition, the use of Bitcoin is prohibited in Bolivia, Macedonia and Vanuatu.

    Researchers note that transactions with the main cryptocurrency in India and China are of limited status.

    At the time of this review, the BTC rate sank to $ 3,635, however, some analysts believe that the coin is preparing for a rally, which we will be able to see in the near future.

    Publication date 12.02.2019
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