Crypto Currency cont....

·
Legality of Crypto Currency :
-
The legal status of crypto currencies varies substantially from country
to country and is still undefined or changing in many of them.
-
While some countries have explicitly allowed their use and trade, others
have banned or restricted it.
-
Various countries have classified the bitcoins differently.
o China
Central Bank banned the handling of bitcoins
by financial institutions in China during
an extremely fast adoption period in early 2014.
o Meanwhile in Russia, though crypto currencies
are legal, it is illegal to actually purchase goods with any currency other
than the Russian ruble.
Comments
Post a Comment