Is Buying and Selling Bitcoin Really Illegal? š¤
Let's clear the air:
Personal Bitcoin trading is generally legal. šø You can freely exchange Bitcoin for USDT or other currencies ā without any major legal hurdles.
The bank card question: š³ If the funds you receive in your bank account are linked to illegal activities ā, you might face legal trouble.
The 9.24 announcement: This simply means trading digital currencies isn't legally protected. ā ļø You're responsible for any profits or losses.
Selling with a bank card: š³ Not inherently illegal. š« However, if authorities trace illicit funds to your account š, you could face consequences.
The bottom line: āļø It's not about buying/selling Bitcoin itself, but the source of the funds. If you're innocent, seek legal advice.
Looking Ahead:
Ethereum's potential: š„ As Elon Musk has hinted, Ethereum's ecosystem looks promising. š Keep an eye on its developments! š