💥BTC G20 Current Regulatory Status
#USA- ICO Prohibited, Money Laundering & Illegal Act Regulations, Cryptographic Exchange Tradition License Scheme
#Japan- taxation, payment instrument recognition
#Germany- It is a legitimate financial instrument and may be taxable, but requires additional licenses and permits.
#England- No government regulation
#France- warnings about regulatory readiness (not disclosed in detail), 'risk of speculation and manipulation’
#Italy- Some central banks consider issuing cryptocurrencies
#Canada- Taxation
#China- Coin trading prohibited, ICO prohibited
#India- Not accepted as a means of payment, regulation of money laundering and illegal activities
#Brazil- Financial assets not recognized, direct investment prohibited
#South Korea
- No anonymous account transactions (real name system), tax preparation in progress
#Australia- No government regulation
#Russia- Cryptocurrencies regulation legislation, ICO prohibition, while allowing legislation, can run a legitimate exchange
#Mexico- Preparing taxation
#Indonesia- No government regulation, prohibited from banks
#Turkey- No government regulation
#Saudi Arabia
- Some regulations will be introduced but not prohibited
#Argentina- No government regulation
#Republic of South Africa
- No government regulation
#European Union
- Agreed to more stringent rules to prevent money laundering and terrorist financing in Bitcoin and other virtual currency exchanges