Countries in the world have different attitudes to block chain and digital cash. At the regulatory level, there are currently five different global regulatory situation: a total ban, only ICO ban, prohibit digital cash, digital cash as assets and no regulation.
China
At present, China government regulations Bitcoin is a specific virtual goods, currency does not have the same legal status, can not and should not be used as currency in the market. In addition, financial institutions and payment institutions can not use Bitcoin pricing for the product or service, they can not be traded. In addition, the central bank issued a notice to remind investors of the risks of digital cash. At the same time, China is strictly prohibited in the block chain coins issued: at 15 o'clock on September 4, 2017, under the People's Bank of China Internet Information Office, Ministry of Industry and Information Technology, Business Administration, Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission's leadership, issued "on guard against token issuance and financing risks," it noted, is an unauthorized public financing of illegal behavior on the token issuance and financing essence, the requirements from the date of the announcement immediately stop all kinds of tokens issued and financing activities. At the same time, it has been completed token issuance and financing organizations and individuals payments and other arrangements. As for the block chain technology, the Chinese government and enterprises have shown great interest in supporting the development of block chain technology.
South Korea
South Korea has admitted to legalize block chain industry. South Korea allowed the establishment of digital cash exchanges and trading. It also lifted the ban on the full ICO, and Bitcoin as a legitimate remittance.
According to reports, the Korea National Statistical Office, Ministry of Information and Communication and the Third Committee since April this year has been in the drafting of the final draft of the new block chain industry classification scheme. The plan will serve as the basis for developing the block chain policy, especially in the "block chain and regulatory framework to promote the" block chain system construction, application development and decentralized encryption currency trading areas.
Taiguo
Taiguo should be the best Asian country supervision. The Stock Exchange of Thailand, the Commission issued a notice outlining when the new regulations take effect ICOM. Under the new regulatory framework, any entity seeking hair ICO must first submit an application to the regulatory authorities.
Riben
Riben attitudes related to the block chain digital currency is relatively active, relatively open, and by default the ICO. But since January 2018 coins examination be stolen by hackers, regulators have become more stringent.
Xin Jiapo
Xin Jiapo recognize the legitimacy of digital currency, while pursuing proactive supervision, allow digital cash transactions and ICO carried out in compliance with regulatory conditions. Singapore is the second after the United Kingdom following the fall sandbox supervision of financial and technology companies of the country.
Dubai,
United Arab Emirates on digital currency http://www.gendan5.com/digitalcurrency/btc.html very friendly. Dubai was established in 2016, the Global Commission block chain, there are currently more than 30 members, including government entities, international companies and start-ups block chain. It plans to launch the application in 2020 block chain, making Dubai the world's first city to become a full application of the block chain.
Britain
Britain is arguably one of the most tolerant countries on the block chain technology and digital cash. It has always taken "no regulatory oversight" attitude, but also for the global block chain start-ups offering great policy.
Meiguo
Meiguo ambiguous attitude to "embrace technology" and "blockade" block chain. The US Treasury and the US Internal Revenue Service plans to work together to strengthen encryption currency exchange management to further curb money laundering and terrorist financing related.