Is BTC Legal? A Global Update On the Laws Around Bitcoin

[kreslik.news]

One of the main points of confusion about Bitcoin stems from the question of whether it is actually regulated or not. After all, the selling point of Bitcoin seems to be the fact that it’s a decentralized currency that does not answer to anyone. However, the actual position of Bitcoin is a little more nuanced than that, and the opinion that the cryptocurrency is unregulated at all is a misconstrued one.

In reality, despite Bitcoin’s sometimes ambiguous legal status, several pieces legislature and regulation were issued since the cryptocurrency’s inception in 2009. While there is no centralized governance or solid legislation specifically designed ... (read more)