Countries That Say Yes to Bitcoin Bitcoin can be used anonymously to conduct transactions between any account holders, anywhere and anytime across the globe, which makes it attractive to criminals and terror organizations. They may use Bitcoin to buy or sell illegal goods like drugs or weapons. Most countries have not clearly determined the legality of Bitcoin, preferring instead to take a wait-and-see approach. Some countries have indirectly assented to the legal use of Bitcoin by enacting some regulatory oversight. However, Bitcoin is never legally acceptable as a substitute for a country's legal tender. 1. The United States 2. Canada 3. Australia 4. The European Union 5. Finland 6. Belgium  7. Cyprus 8. United Kingdom (U.K.) 9. Bulgaria 10. Germany  Countries That Say No to Bitcoin While Bitcoin is welcomed in many parts of the world, a few countries are wary because of its volatility, decentralized nature, perceived threat to current monetary systems, and links to illicit activities like drug trafficking and money laundering. Some nations have outright banned the digital currency, while others have tried to cut off any support from the banking and financial system essential for its trading and use.  1. China 2. Russia 3. Vietnam 4. Blivia 5. Columbia 6. Ecuador Visit the link below for more Information. https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp