charlotte_wright_coder
Sun Jun 09 2024
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7 answers
1654
Does Brazil allow cryptocurrency?｜. Even though cryptocurrencies and other similar virtual assets may be privately used as payment methods, they are classified as goods or movable property.The Brazilian Real (“BRL”) has been the fiat currency in Brazil since 1994 and it has exclusive legal tender
Does Brazil permit the utilization of cryptocurrency? Given that cryptocurrencies and other virtual assets can be privately employed as means of payment, how does Brazil categorize them? Are they treated as goods or movable property? Since 1994, the Brazilian Real, or "BRL," has served as the official currency in Brazil, enjoying exclusive legal tender status. In this context, how does Brazil reconcile the use of cryptocurrencies with its existing monetary system?
SamuraiWarriorSoul
Sun Jun 09 2024
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7 answers
1570
Is cryptocurrency legal in Canada?｜In Canada, . They are not, however, considered legal tender. So, while individual businesses can choose to accept cryptocurrency at their own risk, the relatively more formal CRA won't accept it as a form of payment for your taxes. However, everyone and anyone can legally purchase crypto.cryptocurrencies are legal
Could you please clarify if cryptocurrencies are indeed considered legal in Canada? I understand that they are not recognized as legal tender, but does that mean they are still allowed to be used and traded within the country? Can businesses legally accept them as a form of payment, albeit at their own risk? Additionally, does the CRA, being a relatively formal institution, refuse to accept cryptocurrency as payment for taxes? Finally, are individuals free to legally purchase cryptocurrencies in Canada? Thank you for your clarification.
Martina
Sun Jun 09 2024
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7 answers
1844
Is crypto legal in Malaysia?｜Is crypto legal in Malaysia? — that means it's not a legally recognised payment method. However, that doesn't mean that crypto is illegal. There are no laws prohibiting the exchange of services or assets of cryptocurrencies in Malaysia.Crypto is not legal tender in Malaysia
Is cryptocurrency considered legal in Malaysia? It seems like the answer is not straightforward. It's stated that crypto is not a legally recognised payment method, but does that automatically mean it's illegal? Could you clarify if there are any specific laws in Malaysia that prohibit the exchange of services or assets using cryptocurrencies? It seems like crypto is not legal tender, but what does that imply for its overall legality in the country?
Claudio
Sun Jun 09 2024
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7 answers
756
What Spanish country uses Bitcoin?｜On September 7, 2021, the Bitcoin Law came into effect and bitcoin became legal tender in , making it the first country in the world to do so.El Salvador
Could you please elaborate on the following matter? Which Spanish-speaking country has officially adopted Bitcoin as a legal tender? I recall reading that on September 7th, 2021, a significant milestone was reached when a certain law took effect, officially recognizing Bitcoin as a legitimate form of payment. This made it the very first nation in the entire world to take such a bold step. Was it, perhaps, El Salvador? I'm quite curious to know more about this groundbreaking development.
Martino
Sun Jun 09 2024
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6 answers
1814
Is it legal to use crypto in Spain?｜On another note, while , they can be treated as securities in the case of public offerings, or as chattels or commodities when traded individually.cryptocurrencies are not considered legal tender or financial instruments in Spanish law
Is it permissible by Spanish law to utilize cryptocurrencies? On a separate matter, I've noticed that in certain instances, they might be regarded as securities in public offerings, while in others, they might be seen as movable property or commodities when traded individually. However, I've also read that, according to Spanish legislation, cryptocurrencies are not recognized as legal tender or financial instruments. Could you please clarify this matter for me? I'm trying to understand the legal standing of cryptocurrencies in Spain and how they are treated in different contexts. Thank you.
