Is trading cryptocurrency legal

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There is no law that stated that holding or trading bitcoin is illegal. Europe. Central Europe. Country or territory. The government banned banks from processing crypto transactions, deeming trading in cryptocurrencies as illegal and risky. However, there are no. Other Countries Where Bitcoin Is Legal � Denmark � Germany � Japan � Switzerland � Spain � United Kingdom.

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Cryptocurrency Regulations Around The World: Switzerland Cryptocurrencies: Legal, accepted as payment in some contexts Cryptocurrency exchanges: Legal, regulated by SFTA In Switzerland, cryptocurrencies and exchanges are legal and the country has adopted a remarkably progressive stance towards cryptocurrency regulations. While it is difficult to find a consistent legal approach at the state level, the US continues to progress in developing federal cryptocurrency legislation. Retrieved 17 November Legal In December , the Monetary Authority of Singapore reportedly stated that "[w]hether or not businesses accept bitcoins in exchange for their goods and services is a commercial decision in which MAS does not intervene.