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is bitcoin mining legal

is bitcoin mining legal

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Best answer


perfectly legal

People also ask


  • Is it legal to mine bitcoin in India?

  • Other governments, like the Indian government, have made negative remarks against bitcoin but have not launched any official bans on ownership or mining. For now, mining bitcoin in said countries is generally legal and safe, but the regulatory environment could change quickly. In most countries, bitcoin mining is legal.

  • Is it legal to mine bitcoin in Iceland?

  • Iceland does not, however, prohibit the mining of bitcoin. Other governments, like the Indian government, have made negative remarks against bitcoin but have not launched any official bans on ownership or mining. For now, mining bitcoin in said countries is generally legal and safe, but the regulatory environment could change quickly.

  • Is bitcoin legal in all countries?

  • Bitcoin mining and possession, as well as use, is considered illegal in many countries. Bitcoin is presently banned in Russia: no other country is as anti-bitcoin.

  • Is it legal to mine cryptocurrency?

  • Cryptocurrency mining is legal in most countries. But of course, as with every single activity, there are some countries that have forbidden citizens and individuals or companies to mine Bitcoin and cryptocurrencies. Two of these countries include Ecuador and Bolivia, but there are many others.

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