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BITCOIN IS ILLEGAL, IN THESE COUNTRIES: Bitcoin's legality is a contentious issue globally due to concerns over its decentralized nature and potential for misuse in illegal activities. Iraq: Strongly opposes cryptocurrency usage, with the Central Bank prohibiting their use since 2017 Algeria: Bans all aspects of Bitcoin since 2018 due to concerns over volatility and potential for misuse. Bolivia: Completely banned Bitcoin since 2014, citing the need for control over currencies. Colombia: Prohibits financial institutions from dealing with Bitcoin since 2014. Egypt: Declared Bitcoin transactions "haram" in 2018, tightening banking laws to curb cryptocurrency usage. Iran: Utilizes Bitcoin mining to bypass economic sanctions, despite restrictions on foreign-mined cryptocurrencies. India: Plans to introduce a bill banning most cryptocurrencies while proposing a government- backed digital currency.#BTC #marcnikise905

BITCOIN IS ILLEGAL, IN THESE COUNTRIES:

Bitcoin's legality is a contentious issue globally due to concerns over its decentralized nature and potential for misuse in illegal activities.

Iraq: Strongly opposes cryptocurrency usage, with the Central Bank prohibiting their use since 2017

Algeria: Bans all aspects of Bitcoin since 2018 due to concerns over volatility and potential for misuse.

Bolivia: Completely banned Bitcoin since 2014, citing the need for control over currencies.

Colombia: Prohibits financial institutions from dealing with Bitcoin since 2014.

Egypt: Declared Bitcoin transactions "haram" in 2018, tightening banking laws to curb cryptocurrency usage.

Iran: Utilizes Bitcoin mining to bypass economic sanctions, despite restrictions on foreign-mined cryptocurrencies.

India: Plans to introduce a bill banning most cryptocurrencies while proposing a government- backed digital currency.#BTC #marcnikise905

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