03/17/2018
BTC G20 current regulatory status !
Good news for BTC G20 Current Regulatory Status
USA ๐บ๐ธ
- ICO Prohibited, Money Laundering & Illegal Act Regulations, Cryptographic Exchange Tradition License Scheme
European Union ๐ช๐บ
- Agreed to more stringent rules to prevent money laundering and terrorist financing in Bitcoin and other virtual currency exchanges
Japan ๐ฏ๐ต
- taxation, payment instrument recognition
Germany ๐ฉ๐ช
- It is a legitimate financial instrument and may be taxable, but requires additional licenses and permits.
England ๐ฌ๐ง
- No government regulation
France ๐ซ๐ท
- Warnings about regulatory readiness (not disclosed in detail), 'risk of speculation and manipulationโ
Italy ๐ฎ๐น
- Some central banks consider issuing cryptocurrencies
Canada ๐จ๐ฆ
- Taxation
China ๐จ๐ณ
- Coin trading prohibited, ICO prohibited
India ๐ฎ๐ณ
- Not accepted as a means of payment, regulation of money laundering and illegal activities
Brazil ๐ง๐ท
- Financial assets not recognized, direct investment prohibited
South Korea ๐ฐ๐ท
- No anonymous account transactions (real name system), tax preparation in progress
Australia ๐ฆ๐บ
- No government regulation
Russia ๐ท๐บ
- Cryptocurrencies regulation legislation, ICO prohibition, while allowing legislation, can run a legitimate exchange
Mexico ๐ฒ๐ฝ
- Preparing taxation
Indonesia ๐ฒ๐จ
- No government regulation, prohibited from banks
Turkey ๐น๐ท
- No government regulation
Saudi Arabia ๐ธ๐ฆ
- Some regulations will be introduced but not prohibited
Argentina ๐ฆ๐ท
- No government regulation
South Africa ๐ฟ๐ฆ
- No government regulation