Bitcoin Legal In these Countries!!!!! Legal Bitcoin !!!

in #bitcoin7 years ago

Here we can see the countries ,where cryptocrrency is Legal

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1.The United State is one of the first country to take a positive steps towards the bitcoin & other cryptocurrency .
There is no ban on cryptocurrency in US,but with the some rules & regulations by the government to make it a positive vibe in the public about the cryptocurrency.But at the same time many government authorities are keeping an eye on the transaction of Bitcoins to avoid the illegal activities in the country.
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2. Canada is another country where we can see the good movement of cryptocurrency in a positive way.

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Bitcoin is also legal in Canada like its southern neighbour contry US mad it legal.But in Canada we can see the hard & tough rules by the government which is applied to avoid the money laundering in the country & other illegal activities from the transaction of Bitcoin.
Bitcoin is considered as the commodities in the county which means its comes under the business income in the county where people have to pay the tax on it as per the laws by governement.

3. Australia

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Australia Is one more country where people can buy,sell,trade cryptucurrency with some rules & regulations.
The Australian taxation office consider Bitcoin & other cryptocurrency bartar arrangement subject to appropriate taxa as per the guidance by the Authorities.

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