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Is Bitcoin legal?

Published on
21 Apr, 2025 | 22:19

In most countries: Yes

Bitcoin is legal to own, buy, and use in most countries around the world. It is treated as a private digital asset, not as a national currency. You can hold it, send it, and receive it freely — just like gold or art.

What’s not legal?

Some activities involving Bitcoin can be illegal, depending on how you use it. For example, using Bitcoin for money laundering, tax evasion, or to finance crime is against the law — just like with cash.

Banking laws and regulations

In some countries, using Bitcoin may be limited by financial regulations. Banks may refuse to work with crypto platforms, and some services may require ID verification due to anti-money laundering (AML) laws.

Always check your local rules

Laws differ by country. While Bitcoin is legal in most of Europe, the U.S., and Japan, some countries have bans or restrictions. It's a good idea to stay informed about your local legal environment.

Live Bitcoin price illustration with upward chart and Bitcoin logo – bitcoin24.com
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Source: CoinGecko