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Stop spreading FUD. Bitcoin is, so far, perfectly legal. USA: “We all recognize that virtual currencies, in and of themselves, are not illegal,” Mythili Raman,
by mrb 13y ago
Stop spreading FUD. Bitcoin is, so far, perfectly legal.
USA: “We all recognize that virtual currencies, in and of themselves, are not illegal,” Mythili Raman, acting assistant attorney general at the Justice Department’s criminal division, said at the hearing. Source: http://seattletimes.com/html/businesstechnology/2022288065_bitcoinssenatexml.html http://seattletimes.com/html/businesstechnology/2022288065_b...
China: "The People’s Bank of China [...] has stopped short of banning the world’s most popular digital currency outright". IOW they still allow people to trade bitcoins, if they wish to. Source: http://www.wired.com/wiredenterprise/2013/12/china_bank/ http://www.wired.com/wiredenterprise/2013/12/china_bank/
Thailand: the Bank of Thailand may display an anti-Bitcoin stance, but they have no legislative power to declare Bitcoin illegal: https://bitcointalk.org/index.php?topic=264389.0;all https://bitcointalk.org/index.php?topic=264389.0;all
- yapcguy 13y agoExactly. When Bitcoin interacts with existing financial services, the regulator may decide to not allow those interactions to occur. This is no reflection on Bitcoin itself which is not illegal.