Questions tagged [legal tender]

Best way to learning about blockchain & crypto knowledge for free here 43 questions

Start on BTCC →
Alessandra Alessandra Sat Jun 08 2024 | 7 answers 1640

Is crypto regulated in Hong Kong?|Under Hong Kong law, and do not qualify as money. There is currently no digital asset that is backed by the Hong Kong government.cryptocurrencies are not legal tender regulated by the HKMA

I've been hearing a lot about cryptocurrencies lately and was wondering about their regulation in Hong Kong. Could you please tell me if cryptocurrencies are regulated in Hong Kong? Also, does Hong Kong law consider them as money? And are there any digital assets that are backed by the Hong Kong government? Lastly, are cryptocurrencies considered legal tender regulated by the Hong Kong Monetary Authority?

Is crypto regulated in Hong Kong?|Under Hong Kong law, and do not qualify as money. There is currently no digital asset that is backed by the Hong Kong government.cryptocurrencies are not legal tender regulated by the HKMA
SakuraBlooming SakuraBlooming Sat Jun 08 2024 | 7 answers 1522

Which Spanish country uses Bitcoin?|became the first country in the world to use bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El Salvador in 2021.El Salvador

Could you please elaborate on the Spanish-speaking country that has adopted Bitcoin as legal tender? I'm curious to know which nation in the world took this unprecedented step after the Legislative Assembly of El Salvador officially recognized it in 2021. Could you provide more details about this remarkable milestone in the cryptocurrency sphere?

Which Spanish country uses Bitcoin?|became the first country in the world to use bitcoin as legal tender, after having been adopted as such by the Legislative Assembly of El Salvador in 2021.El Salvador
BlockchainBaron BlockchainBaron Sat Jun 08 2024 | 6 answers 1185

Is it illegal to buy crypto 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

Hello, I'm curious about the legality of cryptocurrencies in Malaysia. Could you clarify for me whether it's illegal to purchase crypto in Malaysia? Also, does Malaysia legally recognize crypto as a form of payment? I've heard that crypto isn't considered legal tender, but does that automatically mean it's illegal? I'm just trying to understand the legal framework surrounding cryptocurrencies in Malaysia. Thank you for your assistance.

Is it illegal to buy crypto 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
SakuraTide SakuraTide Sat Jun 08 2024 | 7 answers 1565

Is cryptocurrency legal in Spain?|On another note, while cryptocurrencies are not considered legal tender or financial instruments in Spanish law, they can be treated as securities in the case of public offerings, or as chattels or commodities when traded individually.

Could you please clarify the legal status of cryptocurrency in Spain? Are they recognized as legal tender or financial instruments under Spanish law? If not, how are they treated in different scenarios? For instance, do they fall under the category of securities when offered to the public, or are they considered as chattels or commodities when traded individually? I'm interested in understanding the nuances of their legal framework in Spain.

Is cryptocurrency legal in Spain?|On another note, while cryptocurrencies are not considered legal tender or financial instruments in Spanish law, they can be treated as securities in the case of public offerings, or as chattels or commodities when traded individually.
Caterina Caterina Sat Jun 08 2024 | 6 answers 1523

Is cryptocurrency legal in Kuwait?|. The government has taken a stance against adopting Bitcoin and other such cryptocurrencies as legal money because of its high volatility. Criminals also use cryptocurrencies as a vessel for transporting money earned from illicit activities.The Government does not recognize Cryptocurrency in Kuwait as legal tender

Could you please elaborate on the legality of cryptocurrency in Kuwait? I understand that the government holds a negative stance towards adopting Bitcoin and other cryptocurrencies as legal tender due to their highly volatile nature. However, I'm also curious about whether there are any specific regulations or policies in Kuwait that govern the use or trade of cryptocurrencies? Additionally, does the government consider the use of cryptocurrencies for illegal activities as a criminal offense, and if so, what are the consequences for those caught engaging in such activities? Thank you for clarifying these points.

Is cryptocurrency legal in Kuwait?|. The government has taken a stance against adopting Bitcoin and other such cryptocurrencies as legal money because of its high volatility. Criminals also use cryptocurrencies as a vessel for transporting money earned from illicit activities.The Government does not recognize Cryptocurrency in Kuwait as legal tender

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users