Ban on bitcoin trading in South Korea

1. Official and legal platforms have been closed, and recharge has been suspended. They can download but can't trade. There are still a lot of platforms and swindler apps that are transferred overseas,

2. Australia
in October 2013, bitcoin Bank of Australia was attacked by hackers, with a loss value of more than US $1 million. This incident has aroused the concern of bitcoin security in Australia. The Reserve Bank of Australia and the Australian tax office have said they want a virtual currency tax like a business transfer tax
Bangladesh
the Central Bank of Bangladesh banned the use of virtual currency in September 2014. Using bitcoin will be punished by law
Brazil
Brazil is one of the few countries in the world that has enacted laws related to electronic currency payment systems. Brazil has not banned bitcoin
Bolivia
for regulatory reasons, the Central Bank of Bolivia (BCB) has banned the use of bitcoin. BCB believes cryptocurrency will help business entities evade taxes
Canada
bitcoin is not considered legal, that is, bitcoin is not recognized by Canadian law. Canada's tax authorities plan to implement the same tax plan as barter trade and speculative trading for the bitcoin
China
China is one of the few countries in the world that ban bitcoin completely and prohibit financial institutions and banks from dealing with bitcoin transactions. In December 2013, the people's Bank of China issued a notice calling bitcoin & quot; Virtual goods;, And prevent it from becoming money
trading has been suspended
Ecuador has banned bitcoin, but it has chosen to set up a new state-owned electronic currency and monetary system, and the currency will be protected by the assets of the Central Bank of Ecuador
EU
at present, the EU still has different views on the classification of bitcoin. In October 2012, the European Central Bank's report on virtual currency concerns the legality of bitcoin under the EU legal framework. The European Banking Regulatory Authority issued a bitcoin risk warning, saying that the use of bitcoin has not been restricted at present
Finland
Finland has relevant regulations for the use of virtual currencies such as bitcoin. The relevant regulations are issued by the Finnish tax authority Vero skatt. Any gains arising from bitcoin transactions will be subject to capital gains tax
Hong Kong
Hong Kong has no regulations for bitcoin or any other virtual currency. However, the government is closely monitoring the use of bitcoin to prohibit money laundering, fraud and other illegal activities
India
India does not explicitly stipulate or prohibit the use of bitcoin. However, the Reserve Bank of India (RBI), equivalent to the Central Bank of India, has been forced to shut down India's largest bitcoin trading platform after it issued a notice that the use of bitcoin could cause money laundering and security problems
Israel
the Israeli tax authority is considering levying income tax on bitcoin transactions. Israeli banks even blackmail bitcoin payments
Kyrgyz
Kyrgyz central bank has banned the use of digital currency and bitcoin for the reasons of lack of centralized management, high currency risk and legal problems
Russia
the Central Bank of Russia believes that bitcoin may be used for money laundering and terrorist financing. Therefore, the Russian government banned the use of bitcoin
Taiwan
Taiwan's financial supervision commission is concerned about the uncertainty and speculation of bitcoin, so Taiwan opposes the installation of bitcoin ATM
UK
at present, there are no relevant regulations for the bitcoin. Profits or losses from bitcoin transactions are subject to capital gains tax, while the purchase of bitcoin is still subject to VAT
the U.S.
the U.S. is probably the most supportive country for virtual currencies such as bitcoin. There are no final rules on bitcoin. However, there are also many new rules for the establishment of bitcoin management framework.

3. It's illegal to ban the trading of digital currency in Thailand and China

4.

How to register Singapore Foundation:

public companies are registered. These companies are non-profit organizations, and each member bears the guarantee liability. Overseas projects of public welfare foundations do not need to pay tax, and the Inland Revenue Department of Singapore will not levy tax on local capital injection and investment

I. information to be submitted for registration of blockchain company: (blockchain company and license)

1, articles of association and detailed rules of the company

2, affidavit of compliance with the law

3, affidavit of appointment and qualification of directors

4, certificate of identity

5, company registration address and office hours report form

6, directors The company secretary's and auditor's scheles and stock issue records are required to be submitted within one month after the establishment of the company

2. Basic conditions of the company:

1. Company name

fill in the English name of the company, with Pte.Ltd. / limited as the end

< P > 2. Registered capital

has no maximum limit, paid up capital has no strict time limit

3. Business scope

generally has no limit, Customers can fill in their own needs, with no more than 28 characters

three, directors and shareholders of the company:

1, director of the company

at least 1 people, and at least 2 people in public company. All 1 companies must be holders of new Singapore registered residence or employment permit. p> (4) other registration conditions:

1. Legal secretary of the company

within 6 months after the establishment of the company, One legal secretary of the company must be appointed

2. The registered address of the company should be

and there must be a local legal registered address in Singapore (Bajie foreign intellectual property can be provided)

3. The auditor should be

within 3 months after the establishment of the company in Singapore, A registered accounting firm must be appointed as the auditor of the company

a private company with an income of less than S $5 million may be exempted from annual audit

5. I'm not very clear about that, because the policies of different countries are different. Registration of accounts on domestic bitcoin trading platforms requires real name authentication, and it should be the same in South Korea. On the one hand, the purpose of this is to use bitcoin for money laundering and other illegal activities, on the other hand, it is also the need of supervision to protect the legitimate rights and interests of users

in Singapore, Chinese people can register an account or carry out real name authentication. OK's international station is there. You can register transactions in foreign stations of domestic trading platforms.

6. There is no prohibition in the BTC international market. There is differentiation in the BTC region. Of course, BTCC has stopped. The main reason is that BTC (block chain clearing system) is not very mature and financial risk is high.

7. No, don't worry

8. At present, bitcoin is not recognized in many countries. Crazy because of the outside hype. And the technology involved may play an important role in other instries or fields.