Ilaria
Thu Mar 28 2024
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6 answers
866
Is it illegal to mine bitcoins?
Excuse me, I'm a bit confused about the legality of bitcoin mining. I've heard different opinions from different people, some saying it's illegal while others claiming it's completely legal. Could you please clarify this matter for me? I'm particularly interested in understanding the legalities associated with bitcoin mining in my country. Is there any specific law or regulation that governs this activity? And if it is illegal, what are the potential consequences of engaging in bitcoin mining? Thank you for your time and assistance.
Valentina
Thu Mar 28 2024
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6 answers
1220
Why crypto is considered illegal?
I'm somewhat puzzled. Why is cryptocurrency considered illegal? I've read about Bitcoin and other cryptocurrencies being used for secure transactions all over the world. They're not backed by any central bank or government, but that doesn't mean they're illegal, does it? I've even heard of people investing in crypto to hedge against inflation. Can you please clarify why some people might believe crypto is illegal, and if so, in which jurisdictions?
Riccardo
Wed Mar 27 2024
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0 answers
0
Why is crypto illegal in China?
I'm somewhat perplexed. I've heard a lot about cryptocurrencies and their potential, but I'm also aware that China has taken a strong stance against them. Could you explain why crypto is considered illegal in China? I'm interested in understanding the reasons behind this decision and how it might impact the global crypto industry. Thank you for your time and expertise.
MysticStar
Wed Mar 27 2024
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0 answers
0
Why is Bitcoin illegal in China?
I'm quite puzzled why Bitcoin is considered illegal in China. Could you please explain the reasons behind this decision? I understand that cryptocurrencies can be used for illegal activities, but that doesn't mean all cryptocurrencies should be banned. In fact, many countries are exploring the potential of Bitcoin and other cryptocurrencies to revolutionize the financial industry. Could you elaborate on the specific reasons why China has chosen to ban Bitcoin? And what are the possible consequences of this decision?
