Countries Where Bitcoin is Allowed

Carl J. Smith
1 min readNov 26, 2019

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At the time of 2019, not all countries allowed cryptocurrency, however there are several states where cryptocurrency acquired legal status. It is worth telling in more detail about which states can allow, or have already allowed virtual currencies.

Japan
A cryptocurrency exchange called Mt.Gox was created in Japan less than 10 years ago. After the scammers stole all stocks of the exchange, legal figures decided to make certain changes to the legislation related to the president. About 1 million Bitcoin was lost in that incident. At that time, the market value was $ 450 million. This triggered a lawsuit that led to certain amendments to legislative acts.

On April 1, 2017, cryptocurrencies were legalized in Japan. Now they can be sold and bought openly. In Tokyo, there are several stores that have Bitcoin and Ethereum cryptocurrency storage equipment. In this country, the owners of virtual currencies feels as comfortable as possible.

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Carl J. Smith
Carl J. Smith

Written by Carl J. Smith

Travel fanatic. Explorer. Organizer. Avid social media enthusiast. Internet advocate. Crypto expert on Taklimakan.Network.

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